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What is the issue price of GM currency What is the issue price

Date:2024-08-06 18:19:15 Channel:Build Read:


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GM coin is a MEME coin. MEME coin refers to a token that spreads around SNS, communities, etc. and becomes a trend or popular token. The origin of GM coin comes from a joke. Its main function is to pay tribute to Raj, the co-founder of SOL. This token is an ERC-20 token with a total of 1 trillion. However, shortly after the birth of the token, half of its tokens were put into the black hole address, so its current total amount is 500 billion. The earliest exchange to go online is Uniswap. Many investors interested in this currency want to know what the GM coin issue price is? Let the coin circle editor bring you a list of GM coin issue prices.

 What is the GM coin issue price?

According to the investigation of the coin circle editor, the issue price of BTS coin is 0.00004 US dollars, the total issue is
1 trillion, the circulation is 500 billion, and the circulation rate is 100%. Why is there GM? This has to do with a man named Sam Lessin. His Twitter account shows that he is the vice president of product at Facebook. He is also very concerned about what is happening in the crypto world. He recently wanted to hold an event on how to use cryptocurrency to solve global climate problems. So he is probably a traditional Internet tycoon who is fascinated by the crypto world.

On October 8, he sent a tweet that caused trouble. "this "gm" thing in crypto is unbelievably stupid." It means that the GM in the crypto world is incredibly stupid.

This must have hurt the hearts of people in the crypto world. GM is a greeting that people in the crypto world use to greet "fellow travelers" in the morning. It has a bit of "jargon" and even has a unique flavor of crypto culture. For example, since the crypto world entered the Discord era, Discord has a GM channel.

So he was criticized. This tweet has 2,784 replies and 673 retweets, which is considered super popular among Twitter celebrities in the crypto world.

For some reason, one of Solana's co-founders actually took up the issue and said that GM is everyone's freedom. So, a Twitter debate began. The protagonist of this debate was not Sam Lessin, but the spectators...

From the power of Twitter posts, a person with an account called "gmwagmieth" dominated the entire discourse. This account is new and it posted the first GM-related tweet on November 9. But currently, he has 6,287 followers.

Visually, this is the founder of GM. He was very sensitive to the emotions and discussion heat generated on Twitter, and GM was born. It is very simple to issue coins on Ethereum, and it can be done in the time of a cigarette.

 How about GM coin?

M is the abbreviation of Good Morning. Everyone in the cryptocurrency circle knows it, and those who have played Discord know it even better. But who would have thought that this could become the code of a coin, a new MEME?

The contract information on the chain shows that GM is an ERC-20 token with a total of 1 trillion. However, shortly after its birth, half of the tokens were put into the black hole address. So its total amount is 500 billion.

This coin was born on November 8, about 3 days ago. It was first launched on Uniswap. Most new ERC-20 coins started from Uniswap or Sushiswap, which is where the story begins.

The data website dextools.io shows that as of 3:50 p.m. on the 11th, the TVL of Uniswap's GM/ETH liquidity pool was 12 million US dollars, including 1,304 ETH. What is the daily trading volume? 43.77 million US dollars. If calculated based on this data, its total market value is 200 million US dollars (a total of 500 billion).

The Ethereum browser shows that the total number of addresses holding this coin is 6,384. The address with the largest amount of holdings accounts for 4.3319%. The address first bought nearly 45 billion coins with 1 ETH and currently holds 43 billion coins. The second address accounts for 2.2203%, and the third address accounts for 1.561%. The address marked as Matcha Exchange ranks fifth, accounting for 0.9515%.

The above content is the detailed analysis of the issue price of GM coin by the editor of the currency circle. As a MEME coin, the MEME movement triggered by GM coin is also very unexpected. I believe that many investors have a lot of feelings about the explosion of GM. It is also unexpected that sending a tweet can cause a MEME movement. We can clearly feel that in the future, the concept of value and money will definitely change.

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