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PWEASE
PWEASE
Pwease is a memecoin that operates on the Solana blockchain. The token gained significant media attention due to its direct connection to a viral internet meme satirizing United States Vice President JD Vance, whose subsequent engagement with the meme caused a notable spike in the token's value.
Overview
Pwease was launched in early 2025 as a speculative digital asset with no specified utility, a characteristic common to most memecoins. Its creation was timed to capitalize on the popularity of an internet meme that emerged from a public interaction between U.S. Vice President JD Vance and Ukrainian President Volodymyr Zelenskyy. [5]
The project's public identity is rooted in meme culture. Its official website uses the slogan "You should have said pwease" and features a cat meme as part of its branding. The marketing strategy appears to rely on its presence on various cryptocurrency exchanges and an implied association with public figures, including a tweet from Elon Musk that is featured on its homepage. The legal entity associated with the project, according to its website's copyright notice, is "Say Pwease S.A." [2] The token's market performance has been characterized by extreme volatility, including a rapid rise to a multi-million dollar market capitalization shortly after launch, a subsequent sharp decline, and a sudden resurgence driven by external media events. This volatility includes surges of 150% in a 24-hour period in March 2025 and another 65% spike in one hour in September 2025. [7] [8]
History
Origin of the Meme
The meme that inspired the Pwease token originated in February 2025 following a public exchange between JD Vance and Volodymyr Zelenskyy. During this period, Vance publicly stated that President Zelenskyy should "say thank you" for American financial and military support provided to Ukraine during its war with Russia. This comment was quickly adapted by internet users into satirical memes. One of the most prominent formats included an edited image of a bald Vance with exaggerated, bulging eyes. Another popular iteration depicted him as a child, accompanied by the caption, “You have to say pwease and tank you, Mistow Zensky,” using a deliberate misspelling to mimic childlike speech. This meme spread rapidly across social media platforms, becoming the cultural basis for the cryptocurrency. [6] [8]
Launch and Market Performance
The PWEASE meme coin was created on the Solana network around February or March 2025, capitalizing on the meme's viral momentum. Shortly after its launch, the token experienced a significant surge in interest and value. During its initial rally in March 2025, the token saw its price increase by 150% in 24 hours, with trading volume surging past $37 million. [7] By early March, its market capitalization reached a peak of $54 million. According to market data, the token's all-time high price of $0.05455 was recorded on March 15, 2025. [5] [6] [8]
Following this initial peak, the token's value entered a prolonged decline. Over the next several months, its market capitalization decreased substantially. By September 23, 2025, it had fallen to approximately $4 million, representing a 92% drop from its all-time high. This period of decline was reversed by an unexpected event involving the subject of the meme itself. On September 24, 2025, JD Vance posted the "Pwease" meme featuring his own edited image to his account on the social media platform X (formerly Twitter). His post was reportedly a response to a political commentator who had suggested he may have benefited from Diversity, Equity, and Inclusion (DEI) initiatives. Vance's acknowledgment of the meme acted as a direct catalyst for a sudden resurgence in the token's market activity. Within one hour of his post, the price of PWEASE increased by 65%. This spike was followed by a partial correction, with the price later decreasing by 24% from its new peak, settling the market capitalization around $4.65 million. [6] [8]
Technology
Pwease is a token built on the Solana blockchain and adheres to the SPL (Solana Program Library) token standard. Its operations are recorded on the Solana public ledger, which can be viewed using blockchain explorers like Solscan. [5]
- Blockchain: Solana
- Token Standard: SPL
- Contract Address:
CniPCE4b3s8gSUPhUiyMjXnytrEqUrMfSsnbBjLCpump
As an SPL token, Pwease is compatible with a range of non-custodial wallets that support the Solana network. These include browser-based and mobile wallets such as Phantom, Solflare, Backpack, and Trust Wallet. [5]
Tokenomics
The tokenomics of Pwease are defined by a fixed maximum supply. According to data from market aggregators, the total supply is nearly identical to the maximum supply, with the vast majority of tokens in circulation.
- Maximum Supply: 1,000,000,000 PWEASE
- Total Supply: 999,923,144 PWEASE
- Circulating Supply: 999,923,144 PWEASE
The data indicates that approximately 99.99% of the maximum possible supply of PWEASE tokens was in circulation as of September 2025. [5]
Market Data and Trading
The Pwease token has exhibited significant price volatility since its inception. Its all-time low price was recorded on March 3, 2025, at $0.00002631, just twelve days before it reached its all-time high of $0.05455 on March 15, 2025. [5]
During its initial rally on March 12, 2025, technical analysis showed the PWEASE/USDT trading pair reached a peak of $0.045 before encountering resistance and retracing to approximately $0.0356. At that time, its immediate support level was identified at $0.0338. [7]
The token is available for trading on both centralized exchanges (CEXs) and decentralized exchanges (DEXs). The most common trading pairs are PWEASE/USDT on centralized platforms and PWEASE/SOL on Solana-based decentralized platforms.
Exchanges
The token is listed on the following exchanges:
- Centralized Exchanges (CEXs):
- Decentralized Exchanges (DEXs):
This list of exchanges is compiled from information available on the project's official website and major data aggregators. [2] [5]
Controversies
Norwegian Tourist Incident
In June 2025, the meme associated with the Pwease token became the subject of a minor international incident. A 21-year-old tourist from Norway publicly claimed that he was denied entry into the United States after immigration agents discovered the "Pwease" meme on his phone. The image in question was the edited picture of a bald JD Vance. According to the tourist's account, the agents who questioned him described the image as "very clearly a piece of dangerous, extremist propaganda."
The U.S. Department of Homeland Security (DHS) later issued an official statement denying these claims. A spokesperson for the department stated that the individual was deemed inadmissible and refused entry based on information revealing previous drug use, and that the denial was unrelated to any meme found on his electronic devices. [6] [8]
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