Event:
Over the past 24 hours, the $WECHATDOGE memecoin has shown an impressive 37% growth, and its capitalization has reached $5.9 million. Such a jump has attracted the attention of many DOGE fans, because the token positions itself as a project close to it. It is worth noting that the token was launched only 21 days ago and its relevance is bearing fruit.
Pump review:
The main reason for the growth of $WECHATDOGE is an active community that promotes the token on social networks and crypto exchanges. Unlike many other memecoins, there are no large marketing budgets or influential investors - only the enthusiasm of users and the viral potential of the meme. The novelty of the project also played an important role: the token appeared at the height of interest in Solana memecoins, which ensured its quick start.
$WECHATDOGE Team:
According to our experts, the project team does not stand out from other memecoins. Their posts on social networks and official channels do not motivate the community, and their activity is limited to basic announcements. Unlike projects like Dogwifhat or Bonk, $WECHATDOGE does not have a bright marketing strategy or public opinion leaders, which does not allow the token to rise a step higher.
Future analytics:
We believe that the token is currently in a correction phase, which is typical for memecoins after a sharp rise. However, if the community remains active, $WECHATDOGE may continue to develop in the long term. Forecasts indicate a possible growth to $0.018 and higher by the end of the year, but much depends on the overall market situation.
Conclusion:
$WECHATDOGE is a typical memecoin whose success depends solely on the community. Despite the weak team, its novelty and active fans have given the token a chance to grow. However, investors should be careful: such assets are extremely volatile and can both soar and disappear in a matter of days. For more information on the token, you can look at its contract - 83kGGSggYGP2ZEEyvX54SkZR1kFn84RgGCDyptbDbonk
We continue to monitor the developments around $WECHATDOGE.
This article is not financial advice!
