Recently, Trump's popularity has created countless wealth myths, and this Meme coin has caused countless players to lose everything. In this issue, we will explore this type of Meme coin😃
Meme coins are cryptocurrencies based on internet culture and social media trends, birthed from interesting memes or trending images.
These coins do not have any real value or technological innovation; their prices mainly fluctuate based on cultural resonance, celebrity influence, and market sentiment🤑
This extreme speculation has been criticized by most mainstream voices and is one of the main criticisms of the cryptocurrency world🤑
It is precisely this extreme speculation that brings about extreme volatility, with daily fluctuations of 100% or even higher being common. For example, Musk's tweets have previously caused DOGE's price to skyrocket by 2000% in a single day, while Trump-related coins surged 15000% within 12 hours.
Some invested $3000💵 in the early days of PEPE coin (a type of meme coin) to buy 49 trillion PEPE, which is now worth about $35.5 million💵, achieving a return of 1107700%. PEPE saw an astonishing 375000-fold increase in just 21 days, a number that truly astonishes.
Of course, behind the wealth myth lies more risk of losing everything. Due to the extremely low issuance threshold for these coins, the low fees on the Solana chain have provided Meme coins with more space for wild growth.
Due to the nature of memes, these coins are highly dependent on the popularity and discussion of topics and communities. Once the hype fades, their value can drop to zero. Statistics show that about 60% of meme coins lose their value within three months. Such high returns have also attracted a slew of scammers who created various PiXiu coins (PiXiu only takes in, not out) and ran away with the money after scamming people.
Therefore, investing carries risks; everyone should carefully choose their investment targets. If purchasing meme coins, one should set profit-taking and stop-loss limits, as these coins can indeed drop to zero overnight😂
#交易故事 #MEME法案 #山寨币交易 #BTC重返10万 #最近的一筆交易
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