POWSCHE, a Solana-based token, continues to trade actively in the market despite experiencing a 90% price drop from its all-time high. This community-driven project emphasizes engagement over large-scale endorsements and has chosen an anonymous approach with no publicly named founders or executives on its website. The project blends car culture with the Solana ecosystem, utilizing Phantom and Solflare wallet setups for tokenization. 90% price decline has not deterred trading volume averaging $130,000–$150,000 daily. This activity highlights POWSCHE’s focus on community engagement through airdrops and referral programs as the project navigates its current market environment without significant institutional backing or regulatory guidance. The lack of public figures endorsing the token echoes a pattern seen in other meme tokens on Solana, highlighting both challenges and potential opportunities for the project. While historical precedents for POWSCHE’s path are scarce, it offers an intriguing case study within the realm of meme tokens, exemplifying the impact of community-driven dynamics in the crypto market.