Event:
Over the past 24 hours, the $VIBE memecoin surged a massive 56%, and its capitalization has risen to $6.5 million. This unexpected surge has picked up the attention of many influencers, especially considering the fact that the project is only 2 days old.
Pump review:
The main reason behind the $VIBE boom is relativity and heavy shilling of the community. New memecoins often increase quickly due to hype, and $VIBE is no exception. Twitter (X) and Telegram are filled with discussions about the token, which triggered a sharp wave of purchasers.
$LICKO Team:
Despite hype, there is nothing solid behind $VIBE. The $LICKO team working on the project doesn't provide a proper roadmap, announcements or useful resources, in fact no one knows who they are. No one knows what channels to watch and if the project even has some development.
Future analytics:
We believe that the future of $VIBE is highly questionable. Currently, its price is based on nothing but community shilling, and this is an unpredictable platform that can break at any time. Quite possibly, after the active pump phase, the token will dump, especially if large holders start to lock in returns.
Conclusion:
$VIBE is a typical short-term hype token. Volatility can be exploited by investors, but long-term possibility is in question. Without actual utility and community adoption, the token can lose value overnight. We would not suggest you buy this memecoin hoping to make profits from a distance. For more information regarding the token, you can study its contract - DFVeSFxNohR5CVuReaXSz6rGuJ62LsKhxFpWsDbbjups
We track what is going on with $VIBE.
This article is not investment advice!
