$COQ INU, recognized as the meme coin affiliated with the Chad chain and constructed on AVAX, has witnessed a surge to a new all-time high (ATH).

The coin, supported by esteemed members of the community, strategically placed the entire coin supply, totaling 150 AVAX, into initial liquidity. Notably, the contract has been renounced, and liquidity has been effectively burned.

The token experienced an unexpected boost in the early hours of Saturday, attributed to discussions about COQ INU on CNBC featuring @John1wu, the president of Ava Labs official.

Amazing job on CNBC today @John1wu

Always making the $COQ & $AVAX community proud.

@CoqInuAvax @avax pic.twitter.com/RwQw4pzhFF

— Wojak Satoshi (@WojakSatoshi) December 16, 2023

$COQ Price Action To Watch

Since this event, the trading volume has skyrocketed by over 300% within 24 hours, accompanied by an impressive 145% surge in price, reaching a new ATH at $0.00000143.

The market capitalization of COQ INU has surged to $92 million, approaching the significant $100 million milestone, while the total number of holders has surpassed 18,000 unique addresses.

This surge in COQ INU’s value and popularity signifies the impact of mainstream media coverage on cryptocurrency trends. As investors and enthusiasts actively participate in the COQ INU market, the coin’s journey to new heights continues, capturing attention and demonstrating the influence of community-backed projects in the ever-evolving crypto space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

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Image Source: ximagination/123RF // Image Effects by Colorcinch

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Filed under: Bitcoin - @ December 16, 2023 11:23 pm