GORILLA/USD (-17.56%)
Gorilla (GORILLA) is a relatively new entry in cryptocurrency. Having launched in November 2023, the token is yet to prove its utility and suitability as a trading and investment option. However, the reception has been overwhelmingly positive, which fuels the coin's popularity.
Gorilla (GORILLA) launched on UniSwap, an Ethereum-based decentralized exchange (DEX), and is currently available on other services. The parody coin offers several features that appeal to crypto fans.
A Bit About Gorilla
It's a launchedpad project on the Gorilla network. It's based on the Ethereum blockchain and founded by a community. Meme tokens use comical or animated symbols to sell. For Gorilla, the meme is an animated ape. The coin works with the ERC-20 standard and is fungible. Primarily, the token functions as a payment method, but it serves other needs.
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The Gorilla network offers $GORILLA as a digital asset that holders can use for payments. As it seeks to set itself apart from conventional meme tokens, $GORILLA provides different functionalities. Besides paying with it, the coin can be exchanged for other tokens through Gorilla Swap. Learn more about the coin's utility in the next section. $GORILLA's price as of this writing is 0.005435. The coin has a total supply of 1 billion and a circulating supply of 900 million.
Gorilla guarantees security through a comprehensive audit. Independent testing by Techrate ensures that the token provides top-notch security to users. By proving its legitimacy, the coin also promises reliability. A review of the ERC-20 contract on the Ethereum blockchain checks the token's functionality. Any coin using the ERC-20 standard must prove compatibility and interoperability with other wallets and applications using ERC-20 coins. You can be confident the Gorilla token adheres to industry standards.
Utility of Gorilla?
Why does Gorilla warrant a second look if you are searching for a meme coin to invest in? Understanding the token's utility gives you an edge if you are considering owning the digital asset.
Staking
As with a majority of meme tokens, $GORILLA is suitable for staking. The Gorilla ecosystem is in its infancy, meaning it requires all the support it can garner from community members. Staking is one way you can contribute to the network's growth.
The practice involves holding a digital token within its blockchain to facilitate operations. In return, you receive newly minted coins as rewards from the parent network. If you believe in Gorilla's future and intend to be part of its development, then staking is a practical move.
Gorilla swap
Cross-chain swap is becoming a main feature in crypto transactions. As decentralized finance grows popular, the ability to exchange one coin for another is invaluable. It lets users on different blockchains pay in their desired tokens. Hence, you don't have to limit your transactions to $GORILLA.
Since the coin can be swapped for another, you can pick the most convenient way to make payments. A big plus side of the token's cross-chain exchangeability is lowering volatility. You can protect the coin's value by swapping it with a more stable alternative. $GORILLA is still young and might not be available as a payment option. However, through a coin swap, you can exchange the token for a more popular coin and use it for online purchases.
If you are building a cryptocurrency portfolio, speculating on coin prices can help your experience. You can invest in Gorilla (GORILLA) by predicting its price movements on centralized and decentralized exchanges. UniSwap is one of the places where you can access the token for investment.
BitMart Exchanges and MEXC Global are two CEXs that facilitate the buying and selling of the meme coin on the spot market.
In-game token
Do you like crypto-based games? Then you can use your Gorilla coins to play the network's custom game. The Gorilla game was developed for community members and is available on Telegram. Its main character is a gorilla that has to find its way through the jungle.
You collect coins as you play, which you can use to buy various in-game features. The game also has championships where participants get to win Gorilla tokens.
Gorilla Price details
ETH Contract address: 0x33C04Bed4533e31f2Afb8AC4a61A48Eda38C4fA0
›› Details & Tokenomics
›› GORILLA tokenomics and social media
Advantages of Gorilla
+ An NFT collection is available to buy with $GORILLA+ Audit of the $GORILLA contract guarantees the token's security
+ Expected partnerships with other tokens mean rewards in multiple coins
+ Has a customized game, where you can earn more tokens
+ You can sell Gorilla coins directly to a third party
Disadvantages
- The token is currently available on only two major exchanges- Prices have been fluctuating tremendously
- $GORILLA is yet to establish a strong footing as a token
- As with all meme coins, Gorilla is highly speculative
- The token might not be easily accessible to some casual crypto fans
Costs
▪ Rated at 9/10A few of 0.5% applies when buying and selling $GORILLA. The funds go back into the ecosystem to fund its growth. Your choice of exchange determines how much you pay for withdrawals. While some providers don't charge anything, others require as much as 0.2%. Thus, confirm these fees on a particular exchange before using it.
Reputation and Buzz
▪ Reputation rated at 8/10▪ Buzz rated at 9/10
Gorilla (GORILLA) has enjoyed significant popularity for a parody token. Meme coins, by design, are developed for fun. However, $GORILLA ventured to offer more utility than most tokens of the same structure. The coin presents itself as a unique alternative in a market filled with not-so-serious creations.
Its commitment to give users as much value as possible helped Gorilla (GORILLA) attract the interest of crypto enthusiasts. So far, the coin has built a strong reputation. Although its price continues to fluctuate, the token remains a reliable payment and investment alternative.
FAQ
How do I buy Gorilla (GORILLA)?
You can purchase the meme coin on any of the exchanges where it's listed. Choose a service, create an account, and buy the desired tokens using the payment methods provided.
Who founded Gorilla (GORILLA)?
The meme coin is a community project. Crypto enthusiasts banded together to create the Gorilla ecosystem and a built-in digital asset that allowed holders to use the token for payments. The Gorilla White Paper doesn't offer much information about specific founders.
Is Gorilla (GORILLA) suitable for investment?
Meme coins like $GORILLA are highly speculative, which makes them risky investments. Therefore, understand the coin's utility and analyze its performance carefully before deciding to invest.
History of Gorilla
November 9 2023 - The Gorilla token launches on Uniswap via a Fair Launch process.
November 30 2023 - Gorilla's price reaches an all-time high of $0.01267 after launching on BitMart and reaching an agreement to launch on MEXC.
December 4 2023 - The token is listed on the MEXC Global centralized exchange.
Screenshots from Gorilla
More sites where to buy/sell/trade Gorilla
Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this token. Click on the logo to read our review.
Gorilla details and tokenomics
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