Event:
One of the new memecoins, which we recently told you about, is once again showing results. Now, in the last 24 hours, the $KORI token has risen by 56%, and its capitalization has also hit $6.8 million. All analysts view it as a fleeting hype, which will soon end.
Analysis of the pump reasons:
Having examined in detail all the actions of the team, we realized that today's pump is the residual of yesterday's growth due to the listing announced by the $KORI team. We also want to note that the growth is somehow connected with the fact that the $KORI dog, which is the symbol of the token, is now actively shilling on various platforms.
Actions of the community during the pump:
We were unable to ignore the efforts of the community, thanks to which, in fact, this memecoin is being circulated, and in the future, new buyers of $KORI are attracted. In case the same rate of shilling is maintained, they have a good prospect (as of today).
Future realities:
Despite all the positive with the issue with the pump, our experts are not certain that there is a bright future for the $KORI token. We consider the token to be a short-term investment with quick withdrawal from it. As we mentioned earlier, the $KORI project does not have a quality team and most likely 1-2 people stand behind it. This is one of the reasons why its development is slowed down a lot.
Conclusion:
$KORI is a good and situationally relevant memecoin at the moment, which has serious problems with respect to team-related issues. As of the present day, we would not recommend buying the token with the intention of benefiting in the longer run. For more details about $KORI, you can view its contract - HtTYHz1Kf3rrQo6AqDLmss7gq5WrkWAaXn3tupUZbonk
We are still observing the situation about $KORI.
This article is not an investment advice!
