The cryptocurrency market may have entered a new cycle with various meme coins taking a leap lately. The latest data shows that a meme coin, inspired by SEC Chairman Gary Gensler, who claims that many altcoin projects are commodities, is up 1,500 percent. Here are the details…
Gensler-inspired altcoin takes a leap
Recently, memecoins have taken the crypto world by storm. As Cryptokoin.com also reported, the launch of PEPE, Wojak and CHAD caught the attention of many. But now, a new altcoin has emerged on the scene – Good Gensler (GENSLR). Launched just a few days ago, GENSLR recorded a massive surge of over 1,500 percent in 24 hours. At the time of this writing, Good Gensler’s transaction price is around $0.0000000259. According to CoinMarketCap, trading volume increased by 2,898 percent to $12,279,988. Its market value is over $10 million.
GENSLR is currently traded on Uniswap, MEXC and Huobi crypto exchanges. Data on circulating supply are not available. However, the maximum supply of 420,000,000,000,000 GENSLR coins remains stable. In the last 24 hours, the coin has reached an all-time high transaction price of approximately $0.00000002776.
What is Good Gensler?
Good Gary Gensler (GENSLR) is a meme coin pro-Good Gary who lives in a parallel universe and is the exact opposite of Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC) in real life, released on April 19, 2023. points to Gensler. Memecoin with ERC-20 token standard. Against the background of the meme coin, Good Gensler was founded by the Intergalactic Crypto Defense League (ICDL) and is named after Good Gary Gensler. The Star Wars-esque story continues as follows:
Against the background of Coin, when ICDL headquarters received an urgent call that villains named the Galactic Bankers and the FUD Spreader were plotting to destroy the crypto universe with fear, uncertainty, and suspicion, Good Gary knew he had to act fast. Good Gary embarks on a mission to save the crypto world aboard their spaceship, The Coin Collector, with his sidekick Shiba Inu Satoshi. They encountered an asteroid field made up of ancient physical currency, which they easily circumvented. When they reached the enemy base, Good Gary fought with his Thousand Tokens sword and destroyed the enemy’s lies with Satoshi’s fire-breathing breath.
When he encountered the fearsome leader of the Galactic Bankers, he realized that the Lord FOMO was nothing more than a hologram. His sword struck the ground and a surge of positive energy destroyed the hologram and shattered the FUD. The Galactic Bankers fled and the crypto world rejoiced. Good Gary knew that there were realities in the multiverse that still threatened cryptocurrencies, especially from his doppelganger on Earth, Gary Gensler. Good Gary created GENSLER Coin, an all-powerful cryptocurrency that is immune to FUD.
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