Book of Meme Bumi. Yesterday, the 24-hour transaction volume reached an astonishing 800 million U, ranking fourth. Today's 24-hour trading volume is also very large. In comparison, its market value is only 800 million.
This currency is undoubtedly very topical and controversial. For cryptocurrencies, especially meme coins, topics are a constant source of fuel.
From the founder to the story of getting listed on Binance in three days, it all shows that the water here is very deep, and there is no fuel-saving light in it. You must be cautious with leveraged contracts.
But it is also certain that this coin will gain popularity in the short term, and Binance will also give it some exposure, so it can maintain its current position in a short period of time.
My feeling is that it is okay to find opportunities to buy within the spot market value of 1 billion, then hold on, pay out the principal when there is a certain profit, and let the rest go.
DYOR.