š¢ From 10x to -90%: The Meme Coin Standard.
š Over the past week, multiple micro-cap memecoins saw insane pumpsāsome hitting 500%+ intraday gains fueled by influencer hype.
š But by the next day, many of those same tokens retraced -60% to -90%, leaving late buyers holding the bag.
š On-chain data shows whales consistently using these rallies to exit, while retail traders are left chasing shadows.
š Just a reminder: memecoins remain the ultimate volatility casinoāsometimes jackpot, sometimes wipeout.