Event:
A strongly offensive memecoin rose by 78% today, capitalization reaching $92.4 million. The event began gathering momentum to be promoted by this token's community, it thereby began gaining new investors in the form of regular people.
Pump review:
Our experts studied the funds of this token in detail and came to the conclusion that the pump was based on validity and offensiveness of the memecoin. As we all know, non-standard things attract people and this is exactly the case. $HOTMOM - means hot Moms, some category of people perceives this in their own way, due to which growth actually occurs.
$HOTMOM Team:
Having followed their social networks, we can state that the team is actively maintaining them and engaging with the audience. These actions indicate the strong desire of the team for promotion, which is good news for most investors.
Future realities:
Despite the fairly positive situation at the moment, we believe that in the near future the token will somehow face a correction, which will make the price more constant and stable, and not volatile as it is now. It is worth remembering that in the case of memecoins, the main thing is often not the technology, but the ability to maintain hype.
Conclusion:
$HOTMOM is a highly promising memecoin that has excellent chances of growing well if the team makes the correct strategy. If you buy $HOTMOM as a short-term speculation, you may just get lucky and ride the wave. But as a long-term investment, this token is too volatile. Like most memecoins, it has sudden crashes, and the value can come crashing down just as quickly as it went up.
This article is not investment advice!
