I researched the recent popular $avax ecosystem memes, which mainly have several characteristics, just for recording and sharing, not investment advice:
1. Similar to early token issuance platforms, like pump.fun, and cooperating with influencers for recommendations, the biggest influencer on the avax platform is danielesesta, who should have a deep cooperative relationship. Projects recommended by Daniel tend to take off easily;
2. The few projects that have emerged, such as $KET, $LAMBO, $FOMO, $WIFE, etc., have small pools, are highly controlled, and can easily take off with the help of KOL recommendations. Similarly, they can also crash; with small pools, there isn't enough depth. In the early stages, the market must be highly controlled to avoid the risk of being crushed to zero;
3. In terms of narrative, there is basically no narrative; it all depends on the market maker's strategy, whether they can pull the price up, and whether those following can make money depends on how much market value the market maker can drive up;
Leading one $KET at 400 million dollars, the narrative is a cross-chain system transaction driven by AI (the narrative is good);
$LAMBO at a high of 60 million dollars, the narrative is a meme about cars, Lamborghini;
$WIFE takes his wife to buy a $LAMBO ??
$FOMO is just the FOMO sentiment
The ones with high market value are basically those called by danielesesta, and the price can rise quickly;
The risks at high positions are relatively large because the pool is too small;
$Supra went from 3 million to zero yesterday, also due to a small pool and a narrative of imitation;
4. Staking function: Currently, several coins are coming out with staking functions, where staking A can yield B, etc., with a certain lock-up period and cooling-off period. Seeing the lock-up makes my head hurt a bit, be cautious, after all, the lifecycle of memes is too short;
5. Why hasn't the price of $avax increased?
The above is just a superficial sharing, still learning, following along is a good choice, you can follow #鲍威尔发言 #加密概念美股