Recently, many established altcoins have started to rise to the top of the gainers list, and $MEME has once again dominated the gainers list, appearing multiple times!
Why have MEME coins suddenly started to rise? Analyzing it, there are several main reasons:
1. The main reason for this surge: Last night's speech by Powell was favorable, driving up the prices of risk assets.
2. MEME coins have been consolidating at the bottom for a while, and the recent increase is likely a natural rebound of established coins.
3. On-chain data shows that there has been a continuous positive inflow of funds into the MEME chain recently, providing momentum for the rise of MEME.
Yesterday, MEME began to pull back, and Brother Chao noticed it appeared on the decliners list. He believed that last night's speech would be favorable and decisively notified fans to position themselves, achieving a morning profit of 61%. Those who are conservative can take profits and exit now!
Recently, there are also signs of recovery among some established altcoins on the gainers list. Everyone can pay attention to those old coins that haven't risen yet. Brother Chao will also select strong coins for positioning, so feel free to follow him.
