GUMMY is a meme coin launched on the Solana blockchain that has quickly gained attention in the crypto community. Represented by a 420-weed gummy bear, GUMMY aims to bring a playful and lighthearted approach to the often serious world of cryptocurrency. Its tokenomics includes a 30% airdrop, 10% allocated to exchange liquidity, 20% for marketing, and a 40% burn to create a deflationary effect, potentially increasing the token's value over time.
The coin's debut listing on the centralized exchange BingX significantly boosted its visibility and social media presence. An airdrop campaign, distributing 30% of the total supply, has further fueled interest, attracting new users and fostering community engagement. This momentum has led to a notable price increase and substantial trading volumes since its launch .
Additionally, GUMMY has attracted attention from prominent crypto influencers, further enhancing its reach. The project gained significant traction with a reported incident where a trader turned an initial $9,770 investment into over $13 million within 24 hours. This dramatic profit has sparked interest and speculation within the crypto community, underscoring GUMMY's potential for significant returns.