The post Gorilla Token Pumps. Analyst Predicts Meme Kombat to be Next Pepe appeared on BitcoinEthereumNews.com.

The newly launched meme coin Gorilla is taking the market by storm after climbing over 70% in one day. While it has undergone a correction since, it remains up 237% this week, drawing analysts to give their take on where it could be headed. However, traders are even more bullish on Meme Kombat after it surged past $2.1 million in its presale. Gorilla Token Pumps With Analyst Predicting 5x Gorilla is currently priced at $0.001165, down 61% from its 22 November all-time high (ATH) of $0.003218. However, it saw a notable uptick in market interest earlier today as its price rose to $0.0018, a 70% increase from hours earlier. Although there has been a sell-off since, the pump illustrates the explosive nature of Gorilla, which is evident in its price increase of over 200% this week. Analyst DeeZzow recently predicted that Gorilla’s next market cap target should be $5 million. Currently, Gorilla has a $900K market cap, giving room for more than a 5x to reach the target. DeeZzow’s bullishness was shared by the project’s broader community, with the Gorrila team pointing out it took a spot on DEXTool’s trending list. The market’s bullishness is also apparent on CoinMarketCap, where users expressed their support for Gorilla.  One commentator who goes by Adrian bk suggested that Gorilla is a “movement toward financial freedom,” likely referring to the project’s broad DeFi ecosystem. Meanwhile, Henderson Lyons commented that the project’s IDO launchpad is a “game-changer,” with its advanced features and comprehensive support setting it apart from its competition. Ultimately, the reason for Gorilla’s explosive trajectory is that it aims to be more than just a meme coin. It comprises several cutting-edge DeFi tools like a DEX, an IDO launchpad, an NFT collection, and a cross-chain swap feature. It also features a promising roadmap…

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Filed under: News - @ November 25, 2023 11:06 pm