Dear colleagues,
A long time ago, I wrote a theory about the “wolf market” on the stock exchanges. Back then, cryptocurrencies were not at all relevant, there was almost nothing to trade with, and it wasn’t as easy or intuitive as it is now.
However, the last six months have made me realize that, besides “bullish” and “bearish” markets, the market can also be “wolfish.” I’m aware that most people might not understand what I mean, but I’ll do my best to be as clear and well-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 other parties tied to specific projects. These characteristics are common in the crypto ecosystem, supporting the possibility of such a market existing, much like bearish and bullish markets. Doesn’t this sound like a description of today’s situation in the crypto sphere?!
For over a year, I’ve been observing certain trends, one of which is the increase in crypto users by more than 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 moving forward, many new people will join us, trying to trade and enter this business. Naturally, these people represent potential and fresh money in the system. But let’s be honest—these are also people who still don’t understand much. These individuals 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’re cheap (you see $100 as a small amount, but you could turn it into $1000). Developers and influencers see them as a quick way to get rich, while whales, who have insider information through trading meme coins, suck everything up and convert it into $BTC
How does this happen, or what’s the scheme? Imagine someone with information, or who’s part of a meme project, invests $1000, and the corresponding meme coin rises in price from $0.00010 to $0.010. That’s $100,000 from $1000—at today’s prices, that’s more than 1 BTC. Easy, right? And this money comes from people who lack information, driven only by a huge desire for quick riches and gambling addiction. Through various projects fueled by people’s moods and mass hysteria, certain individuals profit both in the short and long term.
In this context, the “Wolf Market” can be linked to markets dominated by aggressive trading practices or group dynamics, reflecting psychological aspects like fear, greed, or loyalty to the community. For example, in some cultures, wolves are associated with aggression or cunning, which could mirror markets with high competition and risky strategies—something often seen in the crypto ecosystem. And let’s not forget that wolves howl while looking at the Moon… ;)