The erstwhile-popular memecoin, $PWEASE, finds both its market cap and holder base sinking, with what appears to be a very rapid shift in sentiment across the community.
For instance, over just the last 11 days, the holder base seems to have shrunk by more than 9 percent. Of course, not a lot seems to be going on with the $PWEASE cap itself: As the cap drops in what seems to be a pretty effortless slide, the trading and liquidity around it seem to drop pretty parallel, leaving us to wonder if $PWEASE is done or if it’s got some life left.
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A Sharp Drop in Holder Count and Market Cap
A little more than a week ago, $PWEASE had a strong base of 25,374 holders. However, that count has since taken a nosedive to 23,082, with 2,292 holders deciding to leave the ship. This represents a remarkable 9.03% drop in the count of holders, which could indicate a turncoat signal for the memecoin—either a loss of confidence or a pivot toward more stable investments as the market becomes less favorable.
Once the memecoin market turned into a talk show, $PWEASE reached a peak market capitalization of $54 million. But that peak has been short-lived, and the setup now shows a total of $6 million, which is a decline of 88.89% from the ATH. That setup alone raises some serious questions about the setup in terms of how long it can actually last.
The decrease in market cap is a clear sign of the shift in market sentiment around $PWEASE. What was once a thriving and optimistic community is now contending with a much more pessimistic outlook. In the fast-moving world of memecoins, such rapid fluctuations are not unknown, but the extent of the drop is hard to overlook.
Market Liquidity and Trading Volume Are Draining
Adding to the complexity, the cash available for trades using $PWEASE is also very restricted. This rarity is represented by the current liquidity of $358,000, which amounts to only 5.97% of the coin’s market capitalization. By this measure, which makes the PWEASE seem a little underwhelming, its liquidity is barely touching the surface of 6% of the cash that could be available in the total market for PWEASE.
11 days ago, $PWEASE holders count was 25,374
ATM, holders count is 23,082
2,292 holders have exited the memecoin
The holders count dropped by -9.03%
PWEASE got to an ATH of $54m Mcap and is now at $6m mcap indicating a -88.89% drop in market cap.
Market sentiment have… pic.twitter.com/uDbm61SSxP
— Stalkchain (@StalkHQ) April 2, 2025
For $PWEASE, or any token, liquidity is a basic requirement for making way for smooth market activity. Without adequate liquidity, traders will find it hard to buy or sell the token without significantly changing its price. This situation can lead to buying and selling at unfavorable prices. Most of us have been there before. You are trying to sell some of your assets, but the market is so thin that the price is going crazy, and you’re getting offered amounts that are below what the price should be in a semi-stable market. So you’re facing the decision to sell at a loss or not sell.
Furthermore, insufficient liquidity frequently discourages additional investors from entering the market because they are concerned about the ease with which trades can be executed and the danger of slippage. Thus, the continuing insufficient liquidity exacerbates the already nasty problem that $PWEASE faces and makes it even more difficult for the coin to rehabilitate itself and regain the confidence of investors.
The Shift in Sentiment: From Optimism to Pessimism
$PWEASE was once seen as a potential memecoin with tremendous prospects. Its market sentiment, however, has taken a sharp turn. The price had been moving in a favorable direction, accomplishing a near 45 percent surge from around 272.5 units to 395.4. But since then, it’s taken a nosedive down almost to its original price again. This kind of behavior, especially in a price drop that looks so much like a “buy the rumor, sell the news” scenario, ought to make even the most loyal traders take a good long look at their positions again.
Although some may cling to the notion that $PWEASE can bounce back, the truth is that the market has left behind the once-optimistic highs that defined the coin. The falling number of holders, the dramatically reduced market cap, and the lack of liquidity all point to a situation where more and more investors are looking in the opposite direction. They’re not just unimpressed; they’re evidently worried and searching for better and safer opportunities in the volatile memecoin market.
Can $PWEASE Recover?
The future of $PWEASE is doubtful, and it may be easy to relegate it to the side, but what do we know about the memecoin market? In the best and the worst of market situations, it is known for being unpredictable. And that unpredictability signed the memecoin’s death warrant on several occasions, apparently, but only to see it rise from the ashes at others. The latest pricing moment may feel like a dose of the latter, but it still has too much unpredictability written all over it to condemn it; that is, if we are condemning anything, which so far, the authors of the White Paper from the memecoin have not done.
Nevertheless, the limited liquidity and the current downward trend in holder count present a hard-to-hard-to-gleam future for $PWEASE. Unless a major sea change occurs to restore confidence in the memecoin, which trades for well under a penny, we see it as unlikely that its value will head up, which renders the prospect of profit for its holders bleak.
Conclusion: A Rocky Road Ahead
The significant drop in market capitalization and number of holders for $PWEASE, coupled with a complete lack of liquidity, makes the outlook for this memecoin rather bleak. A rebound, of course, is still within the realm of possibility. But the current market conditions suggest a recovery is far from certain. In fact, it’s likely many traders will be watching this coin closely for any sentiment or liquidity changes before even considering entering or exiting a position. As it stands, $PWEASE seems to be trudging down a bumpy road.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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