The Terra Basic (LUNC) value has been in a downtrend all through 2023 regardless of the LUNC coin burn, its complete provide nonetheless 5.87 trillion tokens.
New cryptocurrency Copium is burning 30% of its provide, aiming to realize what the previous Terra LUNA hasn’t. For the reason that announcement of its token burn, the $COPIUM value has risen over 100%.
The meme coin has a complete provide of 1 billion, so 300 million tokens will probably be burned.
Subsequent Terra Luna Basic? Worth Predictions for Copium
A Discord message from the group additionally confirms that “the liquidity pool may also be locked straight after” the token burn occasion.
Plans to scale back the availability of the $COPIUM token is attracting patrons within the run as much as the occasion. A discount in provide will doubtlessly improve the worth of the remaining cash if the variety of patrons continues to rise, as it’s.
There are presently 2,800 Copium token holders in response to DEXTools. $COPIUM can also be now listed on a number of CEX platforms – AscendEx, LBank, Poloniex, MEXC Global and Bitkan.
First listed on Uniswap, the brand new coin can also be an everyday ‘Hot Pair’ on Dextools.
Extra centralized change listings are regarded as within the works because the group continues to spice up the digital asset’s advertising and marketing.
Launched on Uniswap on the Might 18th, $COPIUM is backed by a few of the largest and most influential names in crypto buying and selling, similar to Faze Banks who has 2.8 million Twitter followers, DeeZe on 250k, Cozomo de’ Medici with 289k followers and foobar with 130k.
$COPIUM has the leisure x issue, being a play on the notion of ‘coping’ with the slings and arrows of the crypto area.
Attracting much more patrons to the meme coin is its NFT reward airdrops and different incentivizing giveaways, together with unique occasions and product offers.
Larger Upside Potential Than LUNC
$COPIUM reached its all-time excessive on launch day of $0.00164. It’s presently priced at $0.005, offering a low entry level for brand new patrons of the token.
Burning a token provide is comparable in impact to the buybacks seen for shares. An organization may purchase its personal shares from shareholders so as to take away them from the free float.
Within the case of crypto, as a substitute of shopping for at a sure value from present holders, the group sends a piece of provide to a particular handle from which the cash can’t be despatched. Via this burning mechanism the cash are faraway from total provide.
Some crypto consultants predict a 1,000% return for $COPIUM, given its low market cap of $5 million – in comparison with Terra Basic (LUNC) with an over $500 million market capitalization, and Terra (LUNA) with $240 million.
For merchants and traders looking out for the subsequent Pepe or Dogecoin, $COPIUM is a number one candidate.
Solely the fourth day since its launch, the coin presents a tempting goal for inclusion in a crypto portfolio that completely suits the meme coin allocation area.
Copium NFT Assortment
Two hours after $COPIUM’s launch, the group took a snapshot to find out the highest 200 token holders to obtain an NFT Copium Tank.
The extra $COPIUM a holder owns and buys, the extra their NFT tank will replenish.. The Copium Tank NFT holders have two weeks to replenish their tank as a lot as potential.
The NFTs might be publicly traded on secondary markets such as Opensea. Whoever owns the NFT on the time of the airdrop will obtain the complete quantity, no matter whether or not the pockets handle is within the high 200.
The highest 200 standards solely utilized to the preliminary distribution of the Copium Tank NFTs. Discover extra particulars on the 200 NFTs on this Twitter thread.
After that two-week interval is over, Copium tank NFT house owners can use their tank to say their $COPIUM airdrop tokens.
The variety of tokens an proprietor will obtain is straight correlated to the fullness of their Copium tank NFT.
A declare date for the NFT airdrop has not but been launched. The NFT might be saved or traded within the secondary market.
There have been 10 million $COPIUM tokens made obtainable to the highest 200 $COPIUM token holders throughout the airdrop, which quantities to 1% of the token’s complete 1 billion provide.
The Copium Tank NFTs have a present ground value on OpenSea of 0.69 ETH.
$COPIUM world advertising and marketing marketing campaign is ramping up – time to purchase
Copium token already has a vibrant social neighborhood. Its Twitter following has reached 18,100 followers.
On Telegram its neighborhood has grown to 2,356 members.
However the group is just not leaving something to probability. On the Discord server it was introduced that there will probably be “a brand new wave of PR globally to push the 300m token burn”.
To buy $COPIUM straight on decentralized exchanges similar to Uniswap you want a crypto pockets funded with ETH.
On centralized exchanges, to purchase merely arrange your account and full the KYC verification, fund your account after which commerce the COPIUM/USDT pair at one of many three exchanges talked about above.
