The era of playing with KOLs in the Shitcoin market is over——
For a trending Shitcoin, the more KOLs get on board, the higher the probability of losing money.
This is a fact that cannot be denied at present.
Many people have become KOLs through Shitcoins, making money from the trend's dividends and their personal instincts, and once they become the center of attention, retail investors blindly follow.
I believe that this development model will only make MEME coins increasingly difficult to play with.
Having influential people along with a bunch of retail investors joining in will only increase the difficulty for the market makers to pump.
Given the current market liquidity, there is basically no support moving forward; it’s still the same people in the circle, and the money is still the same money, making it hard for the market makers to have a strategy.
Especially with particularly hot narratives.
Now, the Shitcoins emerging in the market all share a common trait:
For example, labubu, useless, kled, etc.,
These all have sustainability and have not experienced a one-day wonder.
Very few KOLs are getting on board, and at least there are hardly any public calls to action.
So now, having KOLs on the same bandwagon is not a good thing, at least for retail investors.