Event:
A rather old memecoin $PWEASE pumped by 61% in the last 24 hours and surprised the entire market. Its capitalization has risen to $6.3 million. Perhaps it's the beginning of a new long-term growth from $PWEASE.
Pump analysis:
After analyzing all the sources of this token, our analysts didn't find any hint of a pump from the team. Its owners did not hold any significant events and did not do anything that could contribute to the pump. So what is the reason for the pump? It's rather simple! The team of this token attributes its growth to the community and shilling generated in the X social network. Individuals - current holders of this token try to have faith in its future growth, and thus try to pump it. The shilling of $PWEASE has grown so large that many individuals think that this might be a new long-term pump.
The impact of the team on future growth:
After reviewing the whole situation, our analysts also believe that with the appropriate actions of the team, the $PWEASE memecoin has a great chance to continue growing. Its community can certainly push it up, but without the help of the team/owners of this token, it will be difficult to do this, since they can hinder each other.
Conclusion:
$PWEASE is a solid memecoin whose fate is questionable. Provided its community and team begin to cooperate nicely, then this token's destiny will be cemented. We monitor the development with $PWEASE.
This article isn't an investment advice!
