Event:
The memecoin we mentioned before is again on the rise. Within the last day, $CHILLHOUSE increased by 32%, and its capitalization reached $1.6 million.
Pump review
Having reviewed the available information, our experts could not identify any distinct indications of a planned pump from the developers. The community, although it participated in the distribution of the token, was not active to such an extent as to cause such growth. Probably, the current growth is attributed to a temporary wave of demand for memecoins as a whole or to local hype. However, we will note that the token's growth is based on the topicality of its theme.
Prospects of $CHILLHOUSE in the future:
Despite the very positive situation with growth now, we want to express future analytics. In our view, all the growth these days is only the last spurts of the token team and community. Our forecasts are the following: the token today is in a pump and gradually slowing down, based on our earlier statements, it can be comprehended that the capitalization has only decreased, which indicates a slow-down in people's interest.
Team activities:
Based on the analysis of team activity, we can conclude that they are far from ideal. $CHILLHOUSE developers practically do not communicate with the community, which negatively affects trust. Lack of a clear development plan and marketing policy adds fuel to the fire of decline. In the conditions of heavy competition between memecoins, such a mistake can be fatal.
Conclusion:
$CHILLHOUSE is one of the memecoins which is slowly running out of its streak of growth. Unfortunately, the timeliness is fading, and with that a humongous amount of investors in the form of ordinary people. We watch the developments with $CHILLHOUSE.
This article is not investment advice!
