The cryptocurrency market is too exciting right now!
Last year, over a million new meme coins were introduced, directly disrupting the market. Most altcoins have fallen so much that even their creators wouldn’t recognize them, but stablecoins like USDT and USDC have been rising consistently. This indicates that the market is not lacking in money; what it lacks is the courage to place bets!
Now, there are meme coins everywhere, but big investors are focused on the top players. Let's say you have 100 million to invest in meme coins, would you dare to buy some obscure one?
You would definitely choose well-known ones like Dogecoin, Shiba Inu, or Pepe! The big players have figured this out long ago; when Musk casually posted a frog meme, PEPE skyrocketed from 200 million to 10 billion. Recently, the surge of PEPE and PNUT is a double whammy of celebrity effect + fanbase!
Those retail investors still dreaming of a hundredfold return should wake up; the cryptocurrency market is no longer an era of equal distribution. Money will only flow into the hottest meme coins; only those with traffic and fans can continue to rise. Altcoins without stories or fans can only lie in the corner as air coins.
