Dejitaru Tsuka (ETH: TSUKA) Trading Volume Spikes 29%+ In The Past 24 Hours: Is A Price Rally In The Works?

Dejitaru Tsuka (TSUKA)

Dejitaru Tsuka (ETH: $TSUKA) is a meme coin whose real founder remains a matter of speculation. While it is suspected that Ryoshi, the mysterious creator of Shiba Inu (SHIB), is behind the coin, it has never been definitively proven. TSUKA has experienced explosive growth in recent weeks as attention shifts to meme coins once more.

A Closer Look At Dejitaru Tsuka

The Dejitaru Tsuka is a meme coin built around the theme of a dragon from folklore. On its website, there is no whitepaper, and instead, it bills itself as a community built on several positive values such as freedom, personal growth, and mindfulness. The mission, according to its mission statement, is to achieve true decentralization, where the masses are in control.

The developers or team behind this project envisions TSUKA, the ecosystem’s token, as a commodity like gold, which is not controlled by centralized authorities. Their aim is to achieve financial freedom without any regulations, allowing them to forge a future.

TSUKA Coin Roadmap

On the site, there is a roadmap for various accomplishments, but there is no timeline. These include a point-of-sales system, a staking platform, a TSUKA-powered debit card, a decentralized credit system, a DEX aggregator, a secure digital wallet, and a DEFI lending platform.

The token supply is kept low at just 1 billion tokens, and there is no tax on transactions. Additionally, the deployer wallet was made public to ensure that the entire project is fully decentralized. The team also chose to skip the presale phase, and all coins were distributed to the masses.

They also locked the liquidity to ensure no one could manipulate the token price. Finally, the project’s smart contract has been renounced, placing it out of the control of any centralized authority.

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Dejitaru Tsuka Price Performance

TSUKA trading volume surged to over 29% on Wednesday, November 6, and it surged another 16.66% on Thursday, 07 November 2024, to $128.50K. The token price surged 5.09% on Thursday to $0.004791.

This upward trend follows a period of low performance that has seen the token fall 26.20%  in the past month. Its current price is a 98.06% discount to its ATH of $0.2474, achieved on September 24, 2022.

Dejitaru Tsuka (ETH: $TSUKA)
Dejitaru Tsuka (ETH: $TSUKA)

TSUKA Social Media Following

The project has a respectable following online, with 1,410 followers on X, 2 357 members on Telegram, and 3,610 on Discord.

Is Dejitaru TSuka Headed Into A Rally?

After a prolonged period of downward movement, TSUKA tokens seem to be regaining momentum. On its CoinMarketCap page, the community sentiment is 84% bullish, which could signal that they expect the price to start rising soon. Coupled with the stellar performance of other meme coins in recent weeks, Dejitaru Tsuka could potentially be on the cusp of a price rally like the triple digit gains in experienced when it first launched. 

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