Adult-Themed Meme Coin CumRocket Jumps 75% to $0.00308 – Buy CUMMIES Now?

2022/08/31By:

CUMMIES, the native token of adult-themed meme coin CumRocket, has increased nearly 19% to $0.002913 in the last 24 hours, while the token has gained an accumulated 45% in a week.

 

Just yesterday, the token went trending on Stocktwits as the price climbed about 75% at some point in the day. Trading volume also exploded yesterday, with nearly $2.2 million traded throughout the day. That volume represents about 57% of the project’s current market cap.

 

The uptick seems to have started on Sunday. However, there are no news or events that justify the latest rise in CUMMIES price.

 

On 25 August, the CumRocket official Twitter account commented that the project was preparing to launch a new website. The CumRocket website showcases all content produced by the platform’s creators, including NFTs such as adult videos and images.

 

The launch of this new version of the website later over the weekend may be the reason for the rise in CUMMIES tokens as investors may believe that the upgrade may attract more users to the platform and therefore could lead to a surge in demand for tokens.

 

However, website traffic stats from multiple sources indicate that CumRocket’s visits have been on a steady downward trend over the past few months, dropping from about 280,000 visitors in January to 84,000 in July.

 

Lydia Lane, the founder of the project, has not posted any tweets related to the project either. On the face of it, this could be a pump-and-dump event led by deep-pocketed traders who may take advantage of the token’s low liquidity to lure unwary investors to then cash out.

 

A Brief Glance at CumRocket Crypto Platform

CumRocket is a decentralized adult platform that allows creators to share their content and profit from it without the hassles of traditional platforms, including high fees, refunds, and payment processing hurdles.

 

Creators can use the platform to sell images and videos to users as non-fungible tokens (NFTs), or they can also be compensated by attracting subscribers to their channels or getting tips from their fans.

 

The project was launched in 2021 by Lane and another two web3 enthusiasts. Lane claims to have a software engineering degree and reportedly resigned from her job as a software engineer at UNIDAYS to to work full-time as the crypto project’s leader.

 

CUMMIES is the native token of CumRocket platform, which is used to settle transactions within the platform and can be exchanged for other crypto assets through centralized or decentralized exchanges.

 

According to CoinMarketCap, the maximum supply of the token is set at 100 billion, with a current circulating supply of 1.32 billion. According to CoinBrain, its community includes a Telegram group with 14,159 members, a Reddit channel with 11,688 subscribers, and a Discord following with 12,953 members.

 

In June 2021, the project came to the forefront when the founder of Tesla (TSLA) tweeted a cryptic message consisting of emojis that could be interpreted as “CumRocket to the Moon”.

 

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CumRocket Crypto Price Prediction 2022

Wallet Investor’s CumRocket price prediction shows CUMMIES price is expected to move up in the near term, with the baseline forecast for the next 14 days ranging from $0.003 to $0.0033 per token.

 

However, algorithm prediction indicates the price is expected to drop to zero by the end of 2022.

 

Gov.Capital’s prediction, meanwhile, suggest that CumRocket price trend may continue to be fluctuate in the near future, with the price moving between $0.0016 and $0.0026 through the next 14 days.

 

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