Event:
A brand new memecoin created 11 days ago shows the level. The growth of the token was 103%, and the capitalization reached $3.7 million. Every hour, the token grows more and more, literally by leaps and bounds.
Pump reasons:
Having gone through all the materials of this token, our experts can confidently state that victory for the $SHART team is in its community, because they are the ones who eagerly shill on memes related to their memecoin. So much buzz has accompanied the token, many are buying $SHART with the hope of making a big profit. Such a quick rise attracts the attention of not just crypto enthusiasts but also institutional investors looking to earn profits short-term.
$SHART Team:
Up to now, the project team is not outstanding in any specific way on the background of other memecoins. Their activity can be characterized as typical - social media activity, memes and dialogue with the audience. But it is this content that maintains interest in the token. If the developers are going to hold their jobs, they will need a deeper strategy - for example, the launch of actual use cases or partnerships.
Future scenarios of $SHART:
Although with present positive developments, we believe the future of the token is not big. Even with all their enthusiasm, the team lacks one unique aspect that can push them up, but only a great community supports them throughout the pump. It will be a matter of right conduct and proper mindset only when they can attempt to extend the life of the token.
Conclusion:
$SHART is an interesting, but risky asset. Its increase now is hype-driven, rather than driven by inherent advantages. We recommend investors exercise caution and look at the high volatility of memecoins. We continue observing the progress!
This post is not investment advice!
