PWEASE Meme Coin Surges Following JD Vance’s Viral Social Media Post

The cryptocurrency PWEASE experienced a sharp price rally after U.S. Vice Presidential candidate JD Vance shared a meme referencing the token on social media. Trading volume spiked 235%, with gains holding at 10% even after initial hype subsided.

The meme coin originated from a photoshopped image of Vance during a controversial political exchange in February. Its resurgence highlights the growing influence of political figures on niche crypto markets, mirroring Donald Trump's demonstrated ability to move token prices through social media engagement.

Market observers note the incident underscores how meme coins increasingly serve as cultural barometers, though the sector's volatility and reactionary nature continue to raise questions about its long-term viability as a market mover.