Event:
A very old memecoin, which has existed for more than a year, is currently striking the market with its growth. In the past 24 hours, the $MLG memecoin has surged by 62%, and its capitalization has reached $17.3 million. Most of the analysts in the memecoin market are surprised at such a pump because the memecoin was very old and had not shown any signs of activity.
Pump review:
After reviewing all the materials of this token, our specialists did not notice even a single indication of a pump by the team, and we couldn't find any significant statements that can affect the price of $MLG. Based on this data and having reviewed the token community, we realized that the secret to success lies in it, namely in the $MLG holders, who make shillings fly all over Twitter (X).
$MLG Team:
While there is as much of a pump from the community, the $MLG team is keeping pace as well and trying at least somehow to keep social networks under control, we'd like to say that, coincidentally, they're doing quite well. We notice the fact that the team didn't abandon the project for one year now, and that tells us something about their serious intentions.
Future realities:
As gloomy as it may sound, our assumption is that $MLG will not be able to return to its original capitalization, since this sets too high expectations on resonance. Therefore, of course, we do not exclude the fact of possible big pump, but not to the maximal capitalization.
Conclusion:
$MLG is a solid memecoin that can potentially offer a few x's, but not quite hit the previous peak level. Its team works together with the community for the sake of bringing big pumps, a positive aspect of the project. We continue to monitor the updates regarding $MLG.
This article is not investment advice!
