Lumiere business
--
Why Can Shitcoins Bring Big Returns?
1. Hype Effect (FOMO – Fear Of Missing Out)
- Communities like r/WallStreetBets or crypto influencers (Elon Musk, etc.) can make a shitcoin explode in a few hours.
- Example: Dogecoin ($DOGE ) increased by +20,000% in 2021 thanks to Elon’s tweets.
2. Organized Pump & Dump
- Some Telegram/Discord groups organize massive purchases to drive up the price before selling everything (dumping on latecomers).
3. New Narratives (Memes, Politics, Internet Culture)
- Pepe ($PEPE
) rode the nostalgia of memes.
- MAGA ($TRUMP
) took advantage of the American election.
1. Hype Effect (FOMO – Fear Of Missing Out)
- Communities like r/WallStreetBets or crypto influencers (Elon Musk, etc.) can make a shitcoin explode in a few hours.
- Example: Dogecoin ($DOGE ) increased by +20,000% in 2021 thanks to Elon’s tweets.
2. Organized Pump & Dump
- Some Telegram/Discord groups organize massive purchases to drive up the price before selling everything (dumping on latecomers).
3. New Narratives (Memes, Politics, Internet Culture)
- Pepe ($PEPE
) rode the nostalgia of memes.
- MAGA ($TRUMP
) took advantage of the American election.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
193
0