Event:
Very much an old memecoin $JPROOF shows its growth prospects once more after a massive dump. At the moment, in the past 24 hours, the token has grown by 72%, and its capitalization has hit $75.7 million. Investors in this token are very happy with this event, as they can return to the old capitalization.
Review of pump:
Having studied all the resources of this memecoin, our analysts noticed a very significant event, which, in fact, we believe caused the pump. This event is the burning of tokens on behalf of the team. Such an event essentially increases the token price, and also makes the community even more confident in the professionalism of the team and the acceptability of their actions. Now, we would say that 30,000,000 million burned $JPROOF did this token good.
The $JPROOF team and their following actions:
After such drastic measures, we cannot but assume that the team of this memecoin will try to maintain the level of its token price, or even try to pull it even higher with their actions. We can certainly say that the owners and all those involved with this token in terms of its support are true professionals, because thanks to their timely actions and right approach, such growth occurs.
Analysis of future activities:
Due to very positive feedback from the people and massive price appreciation, we are of the opinion that if the team doesn't stop surprising its audience and remains as enthusiastic as it has been before, then they will have a very high chance of further developing $JPROOF, respectively, price appreciation.
Conclusion:
$JPROOF is currently a very good, promising memecoin, which could very well attract even more buyers in the form of ordinary people, so it will only grow more from this. Our experts note that now, $JPROOF is one of the few that earns such a big shilling in the X social network. We continue to follow the news about the token.
This article is not financial advice!
