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$GURU Token Launches Successfully, Surges to $140M Market Cap with 6x Returns

Jun 10, 2024, 04:03 PM

The $GURU token has seen a highly successful launch following its Liquidity Bootstrapping Pool (LBP). The LBP raised over $1 million, with $860,000 raised in the initial hours and a total volume traded approaching $2 million. The token's market capitalization surged from $17 million to $112 million, briefly hitting $140 million before stabilizing around $100 million. $GURU is set to go live on Uniswap on Monday, with centralized exchange (CEX) listings expected in the second half of June. Investors in the LBP have seen returns of up to 6x, with some reporting 4x returns within 9 hours as 84% of the tokens were sold.