return of $STUPID
Event:
The old memecoin $STUPID, which had lost its purpose earlier because the shilling that encircled it had run out, is now starting to rise to Olympus again. Over the past 24 hours, it has risen by 290% and shown its holders that its time has not yet passed.
Token analysis:
$STUPID is a memecoin that was literally born 2 months and 16 days ago. At the start, the token did very good performance and, as a result, gained huge capitalization, and also established itself as an outstanding trend. Within a short span of time, the legitimacy of this token began to diminish, along with the faith of the people on further hikes. But what we have today? $STUPID is again gaining momentum and expanding like crazy, which is making its competitors know who the primary king of the market here is.
Analytics:
Despite the very good progressive growth, the token still has a long way to go in order to get back to its previous capitalization, as at the moment it is only $ 1.8 million. Having a not very good community, but a good team with an innovative spirit, they have a very good chance to get back to their previous glory.
Estimated actions of the team:
Our experts can assume that the token will grow and, accordingly, the team's tasks will grow against the background of this pump. We can assume that we should expect colossal statements from the team, which in the future can help the token in the pump, such as listings, collaborations with influencers, advertising posts.
What conclusion can we draw based on all of the above?
$STUPID has a huge chance to recover to its former form, but for this, its team will face a number of difficult tasks that may raise the token from its knees. Our analysts continue to monitor the token and further developments.
This article is not financial advice!