Rocket explosion in the world of meme coins, is it time to buy?
The meme coin market has seen a rise of +2% within just 24 hours while major coins fluctuate, with new names emerging that have achieved remarkable jumps:
1️⃣ TRUMP coin: up 8.8% despite the launch of 40 million new coins this week
2️⃣ WZRD coin achieves a jump of 67.2% in one day
3️⃣ Coins like AIC and SIREN record gains ranging from 14% to 25%, but DOGE and SHIB are declining.
4️⃣ The market cap of the sector touches $49 billion, but it is still far from its peak of $78 billion, a loss since the beginning of 2024
Opportunities are great, but the risks are greater as most coins are still 80-90% lower than their historical peaks.
How to benefit from opportunities without falling into traps?
1. Don't follow blind enthusiasm, analyze the reasons for the rise (Is it news? Partnerships? Or just speculation?).
2. Use stop-loss orders to protect your capital from sudden volatility.
3. Diversify your portfolio between strong coins and emerging projects.