StupidCoin’s 800% Surge Shakes Up Crypto Market with Viral Momentum

In an unprecedented market move, StupidCoin (STUPID), a recently launched memecoin, skyrocketed by over 800% in just 24 hours, captivating the global cryptocurrency community. Starting the day at $0.002033, the token soared to a peak of $0.02446 before settling at $0.01478, achieving a market capitalization of approximately $14.79 million.

The surge was accompanied by a 24-hour trading volume of $14.13 million, reflecting intense market activity. The catalyst behind this rally was a viral promotional video that spread rapidly across social media platforms like Twitter, Reddit, and Telegram.

The video drew bold comparisons between StupidCoin and established memecoins such as Dogecoin and Pepe, igniting widespread investor enthusiasm. With over 20,598 holders and the largest wallet controlling 43.6 million STUPID tokens, StupidCoin has emerged as a focal point in the memecoin landscape. Analysts attribute the surge to a combination of social media hype and speculative trading, though questions remain about the token’s long-term sustainability in the volatile crypto market.

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