In the latest twist, Froge token (FROGE) has exploded on DEX markets after being mentioned by OpenAI President Greg Brockman on Twitter, and with traders betting this ETF token will be next – lets dig in.
Recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO Bot, Baby Meme, TIME, ROCKY and IO.
The sensational rally for FROGE appears to have been fuelled by meme narrative sentiment, triggered after OpenAI President Greg Brockman posted a photo on X (Twitter).
spotted in the NYT today — froge is now famous: pic.twitter.com/QMM76DAGVm
— Greg Brockman (@gdb) November 23, 2023
In the image, on the back of an OpenAI employee’s laptop, there is a sticker of crypto meme Froge the Frog.
With the posted photo acting as a quasi-endorsement of the meme, DEX markets didn’t skip a beat in racing into the latest Froge moon-shot.
As price action attempts to sustain upside momentum, FROGE token is currently trading at a market price of $0.0000000007720 (representing a 24-hour change of +5,530%).
With price pushing up, the uptick over the past hour comes as FROGE fights to consolidate new found gains, after hammering-up out of obscurity following the Brockman tweet.
The rally was triggered at 12:00 on November 23, with an absolute flood of more than $16.2m in volume surging into the chart – in a move that saw more than 200 holders take position.
This drove an impress rally, with a strong support zone established between $0.0000000004675 and $0.000000000800, which is currently providing a supply zone to attempts at consolidation.
But with Froge token’s market cap now stood at $5m (towards the top end for most short-lived meme coin
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