Event:
Literally just recently, there was a giant project, the $PWEASE memecoin, that was hyped, but its fate took a totally different turn and it started losing an enormous amount of holders and prospective buyers. Within one day, already more than 32% have fallen off it and it continues its dump too.
What are the further realities of this token?
Despite the quite vile dump situation, which began on March 15 and continues as of now, the $PWEASE memecoin team is not displeased and remains actively working with social networks and interacting with audience. Their confidence is not lost and they also believe in the project, as do the remaining number of $PWEASE holders.
Reasons for the decline in people's interest in this memecoin:
Most likely, you will think that the reason for the dump is a simple decline in people's interest, and you will be absolutely right! After all, memecoins are very volatile and their capitalization grows gradually with the growth of the number of interested people. The hype of $PWEASE is waning and hence the capitalization is falling, currently it's $2.8 million, which is not comparable with the indicators at the peak.
In-depth analysis:
Having considered the situation from all angles, our experts can assume that the chances of a possible restoration of the peak capitalization of this memecoin are small, but they exist. Something like its listing on some exchanges in the near future, collaborations with some media influencers or launch on other swap platforms is capable of completely supporting the token and restore some small level of hype. Of course, do not expect to get a heavy-duty pump. We expect something big from the $PWEASE team.
This article is not investment advice!
