Today I went to Guangzhou to communicate with friends who are very good at playing with overseas traffic, and I gained a lot from it.
Let me share a bit, which is why some meme coins that have gone to zero can rise again. It turns out that there are speculators who specifically look for some meme coins that have gone to zero, buy up a lot of chips at a very low cost, then manipulate the market, collaborate with some web3 communities, conduct ground promotions, and even have KOLs shout about it, etc., to hype up this coin. When the heat rises, retail investors take over, and the speculators can slowly unload their holdings.
Although I had seen this kind of strategy before, understanding this matter from the perspective of others' projects and operators is still quite shocking. Wow, so this is how it works.