๐ Today's post no. #2 Educationl tip
#Write2Earn #cyptodailynews #bnbrewards #Binance
Top 3 reason a meme coin pump โฝ
๐ 1. Viral Hype on Social Media
Platforms like Twitter, Reddit, TikTok, and Telegram can trigger explosive interest.
Influencers or memes can create FOMO (Fear of Missing Out), causing a surge in buying.
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๐ณ 2. Whale Activity
Large holders ("whales") can buy in bulk to manipulate price and spark retail interest.
Sometimes followed by a dump when retail investors buy in late ("pump and dump").
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๐ 3. Low Market Cap = High Volatility
Most meme coins start with a tiny market cap. Even small investments can cause big price moves.