What is a SUSAN Meme coin?
Susan (SUSAN) is a meme coin on the Solana blockchain. Within a short time, it has surged 227,000%. Susan has a market value of about $2.8 million and a trading volume of about $9.5 million.
However, it focuses primarily on speculation, driven by hype and community interest, with $120,000 locked liquidity. So, it has high risk, like other meme coins.
SUSAN crypto price chart
Initially, SUSAN showed a negative price, but within one day, it had reached $0.0004127. Price fluctuation is a common feature of Meme coins, so outperformance is expected from Susan’s meme coin.
But the question is, how much has Susan’s crypto surged? From the price chart, we can see that the Susan meme coin has surged about 4024%, which is massive. Many successful meme coins such as SHIB, WIF, and BONK could not bring such a price surge. So, we can expect more profit from Susan’s coin.
However, crypto is a risky investment because it has no physical value. So, expecting positive growth would be bullish without a whitepaper analysis. Susan Meme Coin still needs to publish a Whitepaper address.
Now, you could ask me if meme coin rises due to hype, and Susan has that hype. I am not opposing your idea, instead adding some assurance level. A whitepaper is the backbone of any crypto that describes its mission, vision, and overall achievement. It works like a company’s financial statement. By analyzing it, we can understand the past performance of an entity or project, which helps us make future predictions.
So, we can’t forecast how much the price could surge in the future.
Should I buy Susan crypto?
No. Susan Coin isn’t a promising project. Susan’s project must have a publicly available whitepaper. We can’t judge any asset without physical or goodwill presence.
However, sometimes, a crypto project adds website addresses later for unique purposes. This could be a strategy to hike the price or create hype among traders so that they buy it due to FOMO. But again, I am not suggesting you buy it without public appearance.
Disclaimer
This is not a Sponsored post & the purpose of this article is only education. By reading this, you agree that the information of this blog article is not crypto investing advice. Do your own research before making any financial decision. Therefore, if you lost any money, FinanceIdeas.org will not be liable for this.
