Memecoins are more relaxed. They are usually inspired by animals, but there are also those based on famous people. Now, how about a cryptocurrency based on the jelly bear candy? That's the GUMMY token.
In English, the word "gummy" means "gum". In Brazil, the candy is easily found in markets and candy stores. On the blockchain, the bear coin brings a different concept: leaving the hustle and bustle of transactions and having a moment of relaxation.
Why invest in a memecoin?
In general, meme cryptocurrencies receive a lot of support from enthusiasts on forums. Thus, the value can increase or decrease, as more people use it or celebrities support it.
One of the best-known examples is the memecoin DOGE, which is supported by tycoon Elon Musk and has one of the largest movements in the crypto world.
GUMMY was created on Solana, a well-known blockchain in this niche. On the official website, there is no information about the creators. The token is described as "a gummy bear ready to conquer the Solana ecosystem."
Memecoin distribution structure
The total supply of GUMMY is 1 billion units. Of the total, 30% will be made available via airdrop, 10% for market makers and centralized exchange liquidity, 20% for marketing and 40% for liquidity pool burns.
More than 792 million tokens have already been made available. Created in April 2024, the coin saw its price appreciate by 60% on the day of its launch and is gaining popularity alongside other memecoins.
One of the GUMMY airdrops was made on the decentralized exchange Aevo, which trades cryptocurrencies and derivatives. Aevo runs on Ethereum and is a layer 2 rollup, which increases the number of transactions carried out at the same time.
How does the GUMMY platform work?
The GUMMY token runs on Solana, a blockchain known for the development of many memecoins. The network is robust, which allows for large amounts of transactions to be made simultaneously and quickly.
Due to scalability, transaction fees charged on Solana are lower. Using this advantage, the Pump.fun app runs on the blockchain. It is a marketplace that allows the creation of memecoins in a simple way. From this, the GUMMY coin has a very favorable environment to become even more popular.
Tools to monitor the price on NovaDAX
NovaDAX has tools that help investors monitor the price of the GUMMY token and other coins in real time. You can find out more information about the coin and see how its value has changed over the days.
With real-time cryptocurrency graphs, you can see when they have appreciated. You can evaluate the price of the coin in intervals ranging from one minute to one month, with the variation in value and the volume traded during the period.
Advantages of investing in NovaDAX
NovaDAX is one of the largest cryptocurrency brokers in Brazil. The portfolio has dozens of digital assets available to investors, such as the GUMMY token. The exchange also has one of the best rates in Latin America.
Trades are made securely. The broker uses the SSL A+ validation protocol, which provides an additional layer of privacy and prevents unauthorized access to user profiles.
Visit the NovaDAX website to register and invest in GUMMY token or other assets. Take advantage of the appreciation and get better returns!
