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Solana Memecoins

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Hey guys. Happy Thanksgiving for our US friends. Hope you all have a safe and happy holiday and no Turkey Frying accidents.

You all have seen Powsche and the community grinding for over 8 months now. Launched in March, they had a huge run up to $28M MC in a matter of weeks before dropping down and consolidating around $1-2M MC for the better part of 6 months. Many people on the outside assumed the project was dead. People in the community knew it was far from that.

See, the first run up wasn’t the healthiest of runs. Few holders owned large chunks of the supply having sniped the project early. There were people joining looking for a quick 2-5X (that ended up with much more because of how quickly price moved) and there wasn’t a huge amount of time for the narrative and vision to take hold. People took profits and down it came as they went chasing green candles around the market with their new found SOL.

This is where a very timely decision from Mr Powsche (Dev) came in to play. A decision that we are just now seeing the true benefits of. He cut all marketing. Everything. Right off at the ankles. He figured what is the point right now? Market is in a sideways chop. The true run kicking off was still months away. The people in right now don’t have a true long term conviction. What’s the point? So the MC was intentionally brought down to trench levels. Levels where he could weed out the weak and the green chasers.

And it worked. Members were lost, team and community, but a funny thing happened. The project got stronger. Tokens distributed to people that saw the long term vision. For every whale that lost patience and left, 10-30 smaller holders replaced them. Making for a much healthier token distribution.

Not only that, the people that joined the team joined for the right reasons. For the vision, not the instant money. They started building long term goals and products. That’s right I said products. A memecoin with real crypto utility? That’s right. Powsche is transcending the meme space into the real-world. Both with their message and their utility.

Holders are up to 7,500 plus now, up from 3,000 this time last month. You see the increase on MC as well. This is the part of the cycle where we see people stop gambling everything and placing some funds into their conviction plays.

It was a small decision, but not an easy one. But it was the right decision. Everything that the Dev has done has been strategic and for the long term good of the project. If you haven’t checked out Powsche in the last 30 days, you don’t know what it is. I strongly encourage everyone to do so.

See you very soon in the TG

PAW

RWD

submitted by /u/Big-Basil-4059
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