Event:
The $MONKE memecoin has made an impressive leap, showing an 81% increase in 24 hours, and its capitalization has reached $4.2 million. Such a sharp jump has attracted the attention of memecoin traders, especially considering that the token is only 21 days old since its launch. This growth was accompanied by an increase in trading volume, indicating active interest from traders and investors.
Pump Analysis:
The main driver of $MONKE growth is its relevance and virality in social networks. The community is actively shilling the token, creating a stir around it. Unlike many other memecoins, $MONKE was able to attract attention in a short period of time thanks to aggressive marketing on Twitter (X) and Telegram. However, despite the powerful pump, the project team does not show significant activity, which may become a weak link in the long term.
$MONKE Team:
According to our analysts, the $MONKE team is showing average results. On the one hand, they created a token with viral potential, but on the other hand, they do not support the pump with additional listings, partnerships, or marketing activities. This may mean that the developers rely solely on organic growth, which is risky in the context of high memecoin volatility.
Future analytics:
In the near future, $MONKE is likely to experience a correction if the team does not start working more actively with the community. Without support from the creators, interest in the token may fade, which will lead to an outflow of capital. However, if the developers increase marketing and add a utility, $MONKE has a chance to gain a foothold in the top of Solana mid-range memecoins.
Conclusion:
$MONKE is a promising memecoin that has shown an impressive start, but its future depends on the actions of the team. If the developers start supporting the project more actively, the token may continue to grow. Otherwise, it will face a correction and possible oblivion. Investors should closely monitor the developments and take into account the high risks inherent in memecoins. For more information on the token, you can look at its contract - 9EQSeWY7pDB7MYoSFr8QJ19onGS1ehDmLbSGT2b3pump
We continue to monitor the developments around $MONKE.
This article is not financial advice!
