Is there any good news behind the recent surge of 40% in this coin $MEME ? Is it still worth holding?
Actually, there hasn't been any particularly good news driving this surge.
The recent short-term increase in this coin is mainly due to continuous inflow of funds on the blockchain, combined with the market makers managing their positions quite steadily, and they have largely finished their shakeout, leading to a normal bottom rebound.
However, I personally am not very optimistic about this coin.
The reason is simple: the trading volume isn't keeping up, and the market's attention is not high. Under such circumstances, while it may rise quickly, it can also drop just as fast, lacking sustained funding and hot topics to support it.
This rebound is more of a technical correction and does not indicate any substantial improvement in the fundamentals. If you are just looking for short-term speculation, remember to strictly implement risk control; if you intend to hold for the long term, it is advisable to observe the sustainability of funds and hot topics more closely, and not to blindly chase the highs.
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