Event:
The memecoin we wrote about above is bearing fruit again. The token has grown by 32% over the past 24 hours, and its capitalization has reached $5.4 million. Many believe that such a green candle can be extended and show a completely new ATH (a new high point).
Reasons for the pump and their consideration:
After having reviewed all the resources and references of the team, we did not notice any signs of a pump. Thus, we can understand that the growth of the token is provoked by the community, which one way or another draws in new buyers of $RETARD by its shilling, pumping the price.
The $RETARD team:
This team's activity for this period can be said to be mediocre, no announcements, no interaction with the audience and no listings. Considering that they are starting to grow due to the community, we believe that the team will start posting some relevant things in order to extend this pump.
Future realities:
It is highly probable that this point is able to turn into some kind of deep (good entry point), why do we think so? Simply because the token has already faced a huge dump and the community is waiting for the pump with bated breath, so the team will try their best to pump capitalization. Remember that memecoins are unpredictable and a sudden pump can be followed by a dump.
Conclusion:
$ RETARD is, in our opinion, a highly promising memecoin, whose fate is now being decided, i.e., where its chart will go. Our assumptions remain the same and we believe that the token will grow, and most likely to a new peak form. For more information about $RETARD, you can check its contract - FtTSDNLD5mMLn3anqEQpy44cRdrtAJRrLX2MKXxfpump
We are monitoring developments around $RETARD.
This publication is not financial advice!
