As BABYGORK Spikes 10,000% on DEXTools, This Under-the-Radar Crypto Has Secured $900,000 in Funding – The Next 100x Crypto?
New meme token BABYGORK has surged 176% in the past 24 hours, with its rise to $0.0004192 making for a nearly 10,000% gain since it listed on Uniswap yesterday.
This counts as very impressive performance, yet traders should be aware of the risks that could come with buying BABYGORK.
Most notably, the coin is blatantly ripping off the also recently launched BABY GROK, which itself was riffing on Twitter’s new AI, Grok.
The coin is therefore very likely another pump-and-dump, yet there are genuine new tokens in the market right now, with Bitcoin ETF Token being one of the most recent and most promising.
There really isn’t much to say about BABYGORK, other than that it spiked soon after listing.
But more importantly, it has been flatlining and even declining slightly over the past few hours, suggesting that it has likely already peaked.
What’s most revealing about the chart above is that volume has essentially dried up for the token, which is usually a telltale sign of a mostly fraudulent token.
Another sign, as noted above, is that BABYGORK’s issuers have clearly intended to dupe people into mistaking it for BABY GROK, another flash-in-the-pain meme coin that launched a few days and had a brief rally.
We are creating new miracles.
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