Dear colleagues,
A long time ago, I wrote a theory about the 'wolf market' in exchanges. Back then, cryptocurrencies were not relevant at all, and there was almost nothing to trade, plus it wasn't as easy and intuitive as it is now.
However, the last six months have made me realize that besides 'bull' and 'bear', the market can also be 'wolfish'. I know that most people won't understand exactly what I mean, but I will try to be as clear and reasoned as possible.
It seems likely that a 'wolf market' could exist in cryptocurrencies, defined as a market with high volatility, manipulations by groups, or conditions for constant profit for developers, whales, and others associated with relevant projects. These characteristics are common in the crypto ecosystem, which supports the possibility of such a market existing, similar to bear and bull markets. Does this sound like a description of today's situation in the crypto sphere?!
For over a year, I have been tracking certain trends, one of which is the increase in crypto users by over 100 million people from 2024 to 2025. This year, over 840 million crypto wallets have been counted! This leads me to think that in recent years and in the future, many new people will join us, who will be trying to trade and enter this business. Naturally, these people are potential and fresh money in the system. But these are also people who, let's be honest, still understand nothing. These people need to be attracted and retained through their purely human weaknesses. Hopes, fears, desires, and dreams...
And here come the meme coins. Why? Well, they rely on people's hopes, they are cheap (you see a little $100, but you can take $1000). Developers and influencers see in them a quick way to get rich, while the whales, who have information through meme coin trading, suck everything out and turn it into $BTC .
How does this happen or what is the scheme? Let's imagine that someone who has information or is part of a meme project has invested $1000, and the corresponding meme increases its price from $0.00010 to $0.010, which is $100,000 from $1000, that's more than 1 BTC at today's prices. Easy, right? And this money comes from people who have no information, just the overwhelming desire for quick wealth and gambling addiction. Through various projects based on people's moods and mass hysteria, certain individuals profit both in the short and long term.
In this context, the 'Wolf Market' can be associated with markets dominated by aggressive trading practices or group dynamics, reflecting psychological aspects such as fear, greed, or loyalty to the community. For example, in some cultures, wolves are associated with aggression or cunning, which may reflect markets with high competition and risky strategies, commonly found in the crypto ecosystem. And let's not forget that wolves howl looking at the Moon... ;)