A hot topic in the market these days, especially with the wave of meme coins.
Let me clarify the current context of the #MEMEAct discussion:
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What is meant by #MEMEAct?
The term has started to spread as a hashtag on Crypto Twitter and within trading communities, referring to the organized or sudden movement in the meme coin market (like PEPE, DOGE, SHIBA, etc.).
Some link this hashtag to attempts by certain entities (whether large whales or new investment funds) to revive meme coins and turn them into a tool to attract massive liquidity from retail investors.
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Why now? (The analysis behind the scenes)
Recently, we have seen a very rapid rise in meme coins, some of which have achieved multiplied profits within days.
The #MEMEAct could be a tactical move to draw liquidity from strong currencies like BTC and ETH temporarily, and pump it into memes for quick profits.
Some theories suggest that hedge funds entered the crypto market after seeing the huge profits from PEPE and WIF.
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Its impact on the market currently:
BTC is indirectly affected: the more momentum there is on meme coins, we might see some temporary pullback in BTC due to liquidity transition.
But it’s an opportunity: because after the wave on memes ends, liquidity usually returns to Bitcoin as a safe haven (Flight to Safety).
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My technical opinion on #MEMEAct now:
An opportunity for quick traders (Scalpers and Swing Traders) on memes.
Warning for long-term investors: because these movements are usually short-lived, followed by severe corrections.
From a smart perspective: exploiting opportunities in memes with extreme caution, then repositioning in strong coins like BTC and ETH after the wave ends.
