There’s a new token with the name Gorilla (GORILLA), and it is having a good time in the market. So, it is quite unknown; hence, some traders might need some insight into it. Note that the information below isn’t market/financial advice.
What is Gorilla (GORILLA) Token?
- Gorilla (GORILLA) Token is another Memecoin that is trying to change how things work in the crypto industry. So, it wants to revolutionize the Memecoin sector by introducing the much-needed utility. It wants to combine viral appeal with substantial utility, creating an investment opportunity transcending traditional memecoins.
- One of the things about this new memecoin is that it has many objectives. Besides providing utility, it also aims at building a very large NFT community. So, one of the goals of this crypto project is to create a community that competes with those of the Bored Ape Yacht Club. Recently, there was a massive surge from this token, helping bring it to the limelight. So, there’s also a technology this project utilized called the Gorilla Launch Pad.
What is the Gorilla Pad?
- The Gorilla pad is one of the key aspects of the Gorilla (GORILLA) crypto project. So, it is basically a way of helping to raise funds for this crypto project. However, the developers of this project are bringing in a unique approach. So, it provides a streamlined process for new crypto projects to secure funding. Moreover, those who are early investors will get many benefits.
- One of the benefits of the Gorilla pad is that there are zero upfront fees. So, there’s a lot of transparency in now a lot of things work. There’s also wallet protection in these launchpads using their integrated wallets. Unlike many other projects, there’s a robust KYC present for identifying users.
Gorilla (GORILLA) Token Price Update
- One of the massive discoveries in the crypto industry is the massive increase the Gorilla (GORILLA) Token is making. According to recent data from Coinmarketcap, it was among the top trading coins. So, this is mainly due to a recent upsurge in the price of this token.
- Data shows that there’s an increase of more than 2,000% in the weekly chart of this token. So, those with investments in this token are probably having a good time in the market. The monthly chart is even better as there’s a mouthwatering increase of more than 8,000%. So, the price isn’t the only metric receiving the effects. The market cap of this token is currently more than $14 million.
Conclusion
The Gorilla (GORILLA) Token is one of the top trending crypto currently. So, this is because of the massive blast it is having in the crypto market. Above, data from CoinMarketCap shows this token is having an increase of more than 2,000 within a period of seven days. Other metrics, such as the trading volume, are more than $6 million, with an over 20% increase.
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
