True but is also dumped right after the initial pump. This token has good potential.
Although I have not researched a lot on this, from what I know, I can say that this coin has the potential to spike up in the near future.
But seeing it's price decline it seems that people are not much interested in it now. The price has decreased a lot and is currently at $16.
I did not see anything when you posted this thread as it looked like a common name and it was strange to see in a token but then it popped my eyes when i saw that the price has risen over $60000 in a few seconds once it was listed in Binance, in the past i have seen the price of tokens going down once it is listed in Binance but it was a big miss for me as it was an opportunity to make a fortune.
Actually, it was not $60000 but it was 60,000% . Currently the price has decreased a lot and is at $16.