$TRENCHER showed growth after a huge dump

Event:

A fairly fresh memecoin, which has just recently entered the market, is definitely in a swing. From day to day it falls, then rises, its price is too volatile. Over the past 24 hours, it has grown by 48%, and the capitalization has increased to 7.8 million in $.

Reasons for the pump:

Having examined the token chart and its account on the X social network, our analysts can confidently say that the $TRENCHER team owes its pump to its community, as well as the trend of their memecoin, which is very relevant now. We are confident that the pump developed thanks to shilling on the X social network, where many large influencers began to repost this memecoin.

The $TRENCHER team and their capabilities:

Having examined the strategy of this team, our experts believe that it is not their strong point, as is the team itself. Banal approaches, rare communication with the audience and lack of creativity can lead the $TRENCHER token to a zero price.

Analysis of the future price of $TRENCHER:

Despite today's positive pump, we cannot say with certainty that tomorrow will be the same, because the token community does not particularly believe in it, the team is not strong, which also cannot but upset the audience. All their progress occurred precisely due to the temporary trend on their memecoin, which, unfortunately, cannot pump them very high.

Conclusion:

$TRENCHER is a multifaceted memecoin, which on the one hand is not clear when it will stop growing, on the other hand, it is quite promising due to the trend. Our analysts would not recommend buying this token for long-term profit. We continue to follow the developments around $TRENCHER.

This article is not financial advice!