• $COPIUM token is surging today as news of its burn event is driving a buying frenzy.
• 30% of the token supply will be burned at 18:00 CET, pushing the price up to reclaim its all-time high.
• The team has also announced that liquidity will be locked shortly after the burn event, and hinted at buying back tokens from the market for over 150 ETH.
Meme Coin $COPIUM Price Pumps Ahead of Burn Event
The top meme coin $COPIUM is soaring high today as excitement builds ahead of its upcoming 18:00 CET burn event. Thirty percent of COPIUM’s total supply will be destroyed, sending prices skyrocketing in anticipation of new all-time highs.
Price Floor Established and Ascending Trend Line
The COPIUM price has established a solid floor at $0.0032 and appears to have found an ascending trendline with no signs of slowing down anytime soon. Analysts on YouTube are expecting huge gains for $COPIUM following this development.
Double Whammy ‚Burn & Lock‘ Plan
The team behind COPIUM have planned a double whammy ‚burn & lock‘ move to maximize the positive impact on prices – with liquidity locked shortly after the burn event on DEXs such as Uniswap. This prevents any potential rug pulls by locking funds in place, creating confidence in investors and encouraging newcomers to join the market on DEX side.
Open-ended Buyback Program Hinted At
The project tweeted that it intends to buy back COPIUM tokens from the market for over 150 ETH, hinting at an open-ended buyback program that could provide even more support for prices going forward.
$COPIUM Near-term High Reached Before Burn Event
$COPIUM reached a near-term high yesterday before the burn event takes place, raising speculation that it will take out that level when the burning procedure begins later today (Tuesday 23rd May).