Binance Alpha Launches New $BANK Meme Coins, Leading to Collective Collapse!
$LUCE $MANEKI $JELLYJELLY $AIDOGE These 46757379287 coins have plummeted dramatically, with the worst dropping over 50%.
Why did they collapse so uniformly?
Currently, there are two speculated reasons:
1. Liquidity has been drained: The launch on Alpha took all the attention and funds, leaving no one to take over the old Meme coins.
2. Large holders on-chain liquidated: Some discovered that there might be whales facing liquidation, triggering a chain reaction of Meme coins being sold off.
Can we catch the bottom?
Jumping in now = betting on a rebound, suitable for short-term high-frequency players.
The risk is not just a downturn; if the project truly collapses, it will crash to the ground.
If there is a chance for a rebound, the funds will first show signs of life; it's not too late to wait for a bullish candle before making decisions.
What we fear most is not the drop, but the lack of liquidity + projects pretending to be dead, which could genuinely turn into worthless coins. Just look at how many retail investors are still paying attention to $TRUMP now?