The meme sector is quite annoying. I've mentioned before that the cryptocurrencies in the meme sector are one of the strongest and most tightly correlated with Bitcoin's price increases!
However, while the increases are strong, the pullbacks are still not too bad. It can be said that the meme sector's cryptocurrencies have greater volatility than any other sector! After this recent increase, it's evident that profit-taking in the meme sector is still quite serious. If Bitcoin makes another aggressive upward move, these meme sector cryptocurrencies will likely be the strongest driving force for increases.
Therefore, the meme sector deserves more attention. If BTC makes another strong upward move, these cryptocurrencies in the meme sector can easily recover all their previous declines! It's just a matter of time!
