Meme coins captured the imagination of just about everyone in 2021, and Cumrocket was one of the shitcoins that got the stamp of approval from chief shitposter, Elon Musk. However, Cumrocket has additional an actual use case. Cumrocket combines the best aspects of meme coins and utility, making it an exciting proposition for investors.
In this article, we will discuss our Cumrocket price prediction for the coming years. Closely looking at what makes the price of the token move, and what impact market conditions will have on it in the future.
Cumrocket Coin Price History
To gauge the future, it is imperative to understand the past. That’s what we have to do for our CUMMIES price prediction. We need to analyze everything that has led Cumrocket to where it is today, but also where it was in the past and where it is going in the future.
Cumrocket launched in April 2021 as a deflationary BEP-20 token on the Binance Smart Chain, just as Dogecoin was going to the moon, and the sudden ecstasy around the best shitcoins was happening. Cumrocket was originally trading at modest levels and not spiking much.
However, it hit its all-time high in May 2021, when it went up by 1200% in 5 days. Moreover, a certain Elon Musk, in June 2021, decided to make many people rich… Cumrocket rallied by 350% after Elon tweeted a cryptic “Canada, USA, Mexico”, which lo and behold spells “CUM”, using the first letters of each country.
Elon then proceeded to tweet using the droplets as well as rocket emoji, followed by a moon. Which the degenerates on crypto Twitter took as Elon sending Cumrocket to the moon. Which, figuratively speaking, sort of happened, Cumrocket went to an all-time high of $0.2059.
As with most meme coins, these high price levels did not last. Cumrocket proceeded to die down in terms of hype, and slowly started decreasing in price month on month. However, Cumrocket did have a bit of a resurgence in June 2021, trading at $0.1466.
Later in the year, in October 2021, Cumrocket gained momentum, as this was when Shiba Inu was the latest meme coin to gain mainstream popularity. Cumrocket rallied behind this and went to a price of $0.08263, which is still nowhere near its all-time high earlier in April.
From the end of 2021 to August 2022, we have been in a downward spiral of negative market sentiment, which can be mainly attributed to the adverse macroeconomic environment globally, which, combined with geopolitical uncertainty, has led to a depressing economic outlook.
Cumrocket Price Chart
Additionally, all the best altcoins are heavily correlated with Bitcoin’s price. This harms the entire crypto ecosystem, Cumrocket included. Cumrocket has lost over 90% of its value since its all-time high, and since its inception, its price has been stagnant.
It was founded by Lydia Lane, a TikTok crypto influencer and software engineer. The project is enticing because, and this correlates directly with their price, they have seen a gap in the pornography industry, and with the emergence of OnlyFans, they have seen the increasing popularity of a more humanised future for sex work. Coupled with the fundamentals of cryptocurrency, ownership, and decentralisation, Cumrocket becomes an exciting project for the future.
Cumrocket aims to provide a safe space for creators in the adult content industry. This enables creators to have full control of their work. This platform leverages its CUMMIES token, therefore allowing fans to purchase adult content from their favourite actors. It is like a decentralised OnlyFans.
Furthermore, this led Cumrocket to have its own 18+ NFT marketplace, which allows for the decentralisation of the pornography industry. This is significant for their goals and what they have set out to achieve.
The crypto winter is here, and we are in the middle of it. Only the projects with solid fundamentals will survive. In this Cumrocket forecast, we scrutinize whether or not this crypto token has what it takes to make it out of this challenging season.
Below are the important dates concerning Cumrocket price history:
- Cumrocket launched in April 2021
- Cumrocket rallied by 350% thanks to Elon Musk
- Cumrocket rebounded somewhat in October 2021 due to Shiba Inu
- Cumrocket largely traded inside bearish zones in the latter half of 2022
- The token’s performance in 2023 has been nothing to write home about. After entering 2023 at $0.0022, it witnessed some climb before dropping again. And it is currently trading around the $0.0018 level.
Cumrocket Price Prediction 2023
While the socio-economic conditions pushed the value of most tokens towards a downward path, people had hoped that tokens like Cumrocket would be able to survive off the passive references made by the community and Elon Musk – but that didn’t come to pass.
After the massive retraces that Cumrocket went through in 2023, the token’s value dipped even further 2023. It wasn’t able to capitalize on the rising interest of Bitcoin or even Elon Musk’s recent Twitter takeover.
The token opened in 2023 at $0.0022 before witnessing a mild upswing thanks to Bitcoin gaining more support. But that uptick was only marginal – not enough to make the crowd pay attention. And as far as the internet developments of Cumrocket are concerned, developers have been very quiet about it. That said, the rise of Only Fans has pushed some spring beneath Cumrocket’s step this year – but its impact has been nominal.
And the recent regulatory issues have pushed the value of CUMMIES further down. In mid-2023, it has been trading around the $0.0018 level.
Cumrocket Price Prediction 2025-30
In this Cumrocket price prediction, we have assessed all of the permutations that surround Cumrocket price. When we look at the highest market cap altcoins like Ethereum, for instance, Ethereum has 90% of DeFi built on top of it and over 80% of NFTs.
Now, we are not comparing Cumrocket to Ethereum, by any stretch of the imagination. It is just an example of a utility that ultimately drives the price of any given crypto asset, beyond just speculation.
Cumrocket has cleverly integrated NFTs into their ecosystem, as aforementioned. However, they are also incorporating DeFi into their project. Investors can now ‘farm’ on Cumrocket and provide liquidity via PancakeSwap. This is huge regarding Cumrocket’s coin price.
Furthermore, DeFi is fast becoming one of the biggest players in crypto, as it aims to displace traditional finance. The fact that Cumrocket has entered the DeFi crypto space, as well as NFTs, is great foresight into the future.
When investors combine this with the fact that by 2025 onwards, crypto is going to be just about fully adopted into the mainstream and a part of our daily lives.
With increased regulatory clarity, institutional investors are on board, and perhaps even more countries are adopting a Bitcoin standard, including El Salvador. Crypto, and all of the various segments of it, like NFTs and DeFi, will become the norm. This only bodes well for Cumrocket.
CUMMIES’s utility and the success of a platform like OnlyFans make us believe that Cumrocket can achieve its mission to “champion, normalise, and democratise” adult content creation.
This could see, according to our analysis of Cumrocket price prediction, the coin reach $0.08 in 2025, which is greater than its current all-time high. In conclusion, this price can just keep incrementally increasing as crypto starts to grow.
Potential Highs & Lows of Cumrocket Coin
One of the most important factors to consider when investing in cryptocurrency, particularly in altcoins like Cumrocket could be one of the most volatile cryptos. To understand the risk attached to it, yes, there is great potential for 100x returns. However, there is the caveat of losing all your money. We cannot predict the future. Investors have to consider this in their decision-making process, that these lows are a very real possibility.
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What is Cumrocket Coin Used For?
Cumrocket has several use cases. Let’s explore the main reasons for using Cumrocket’s platform.
Cumrocket has its own unique NFT marketplace, where creators can monetise their adult content. The whole purpose of NFTs is to remove the middleman. Cumrocket leverages NFTs expertly to incentivise both the creator and fans to use Cumrocket NFTs to gain the full expertise of adult content.
Cumrocket has done something similar to OnlyFans, where users can pay using CUMMIES token to pay for subscriptions, tips, custom content, as well as referrals. This creates demand for Cumrocket coin and benefits the creators and the fans.
NFTs are becoming increasingly popular in the mainstream. Therefore, the fact that Cumrocket is using NFTs to keep demand for their token is a smart move, giving it an actual use case.
DeFi is one of the largest segments of the greater crypto ecosystem. DeFi is a way in which many cryptocurrencies create demand for their token. DeFi is decentralised finance, which literally aims to democratise traditional finance, just as Cumrocket aims to democratise the adult entertainment industry.
Investors can farm using Cumrocket by providing liquidity into the best DEX exchanges (decentralised exchanges) such as PancakeSwap on the Binance Smart Chain, where CUMMIES is built on. DeFi creates incentives for users to swap their tokens, and this allows for liquidity in the market, as liquidity is an essential role in any market.
DeFi gives Cumrocket additional utility and a real-world use case.
Most, if not all, lower to medium market cap altcoins are used for speculation. Most people who stumble across Cumrocket will most likely think, “get rich quick”. Unfortunately, this is the way most casual investors get burned in crypto.
There is nothing wrong with speculating. However, this is just what many people do when they dabble in meme coins, especially buying them, hoping for a pump and dump, generated via an Elon Musk tweet. Due to the fact that it is down over 90% from its all-time highs, Cumrockket is trading at a discount, making it a potentially attractive proposition for investors.
What Drives the Price of Cumrocket?
Before investing in crypto, investors must know what drives the price of the chosen asset. We will outline the important price movers for Cumrocket below.
The truth of the matter is that no matter how great a coin’s utility is, once it’s dubbed as a meme coin, it is always a meme coin. The meme economy, so to speak, is real, and it is large and powerful. For example, look at Dogecoin and Shiba Inu, two of the best meme coins.
This is largely due to the fact that many first-time investors, who perhaps have never heard about crypto but saw a tweet from Musk, led to purchase $10 worth of Dogecoin, for instance, just in case it blows up. Whether or not this is good for the overall health of the crypto ecosystem is another debate entirely, but it is important to understand that memes can impact the price of Cumrocket.
As we discussed earlier in the article, we are currently in an unfavourable economic environment, and this has a tremendously impactful effect on the price of Cumrocket.
When we are in an economic drought, often a high sell-off happens, and unfortunately for small market cap altcoins like Cumrocket, they face the brunt of this the worst. When there is an upward trend in the economy again and Bitcoin rises, due to the strong correlation between Bitcoin and altcoins, investors can rest assured that Cumrocket will go up.
Having a real-world use case behind an asset is a huge indicator of whether or not a particular project will do well or not.
Cumrocket and its team have created a tokenomics statute that understands the premise of supply and demand. Cumrocket, through utility in NFTs and DeFi, has created a real-world use case for its token.
Is Cumrocket the Best Coin to Buy in 2023?
While Cumrocket has a lot going for it, and its focus on adult content is something that many people would appreciate, many wouldn’t recommend it as the best cryptocurrency to buy in 2023. Adult content is a niche that can end up at the bad end of the hammer of regulation at any moment.
In light of this, a better option could be an investment that has a wider, more family-friendly appeal.
Wall Street Memes
Wall Street Memes is a memecoin that leverages the power of memes and community engagement to bring value to investors. The token bullishly states it is a memecoin, a social token, and the token’s only utility is as an investment asset. However, that honestly has allowed it to amass a massive following across multiple social media platforms. At press time, it has over 1 million followers and gets over 40 million impressions.
Wall Street Memes is inspired by Wall Street Bets, a Reddit group that mobilized investors to create a Gamestop short squeeze that pumped the price of Gamestop stocks by more than 400 times.
That event was appreciated by the entire investment community – and Wall Street Memes says that WSM (the ticker symbol of the token) – is a tokenization of the movement that led to that event. Wall Street Memes doesn’t have a traditional roadmap. Its main goal is to create a gated community with exclusive rewards and ensure that WSM lands on tier-1 exchanges after accumulating a $1 billion market capitalization.
Throughout our Cumrocket price prediction, we have seen the use case for Cumrocket and what it has to offer. However it may struggle to recover from its current bearish trend. The CUMMIES price chart has been flatlined for many months with little relief.
For those looking for a Cumrocket alternative, we recommend Wall Street Memes (WSM), which is on presale now at the link below and is one of the most hotly anticipated meme coins of the year.
Wall Street Memes (WSM) - Newest Meme Coin
- Community of 1 Million Followers
- Experienced NFT Project Founders
- Listed On OKX
- Staking Rewards