Event:
Memecoin $NOMNOM made a sharp U-turn upwards, rising by 204% in 24 hours. Token capitalization was worth $5.2 million, which drew the attention of many large players. Such growth agitated social networks, where investors are actively discussing the prospects of the memecoin.
Pump review:
The main reason for the rise of $NOMNOM is the actions of its holder community. They promoted the token collectively on Twitter, Telegram, and Discord, attracting new buyers. Unlike most memecoins, where pumps are orchestrated by market makers, here the push is coming from the people themselves, so the rise is more organic.
The $NOMNOM Team:
The project developers also didn't just sit around. They added fuel to the hype by announcing new contests for the community. Additionally, the team actively promoted the token further with the help of memes, which also generated interest in the token.
Future analytics:
Our experts thoroughly examined the chart and are confident that despite the huge growth, $NOMNOM will not be capable of replicating such a jump in the near future. The token is almost a year old now, and its heyday has most likely passed. Its subsequent growth will perhaps be slow, unless the community launches a new wave of hype.
Conclusion:
$NOMNOM is a very old and boring token, which showed that even memecoins with small capitalization can grow sharply because of a strong community. But investors be careful - after such jumps there is usually a rollback. If you had no time to enter during the growth, perhaps you should wait for a rollback or try to look for more promising tokens. For a more detailed look at the token, you can look at its contract - 6ZrYhkwvoYE4QqzpdzJ7htEHwT2u2546EkTNJ7qepump
We continue to monitor the developments around $NOMNOM.
This article is not financial advice!
