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$SOL
According to WuSaid, the well-known KOL DonAlt expressed a bearish view on Meme coin on Twitter. He believes that there are already countless Meme coins on the market, and thousands of new Meme coins appear every day. Many people buy them because of the GME -> Meme rotation narrative, which he thinks is very stupid. He also pointed out that the charts in all aspects do not look good, and the market sentiment is heavily biased towards bullishness. He further stated that BTC has attracted almost everyone willing to buy Meme coins at the current price level, and too much capital flowing into new Meme coins will further dilute the market. If BTC needs to rise sharply to attract external funds, a large amount of liquidity injection is needed. Previously, a16z CTO Eddy Lazzarin also criticized Meme coins for undermining the long-term vision of cryptocurrency and lacking technology
Everyone can empty it
According to WuSaid, the well-known KOL DonAlt expressed a bearish view on Meme coin on Twitter. He believes that there are already countless Meme coins on the market, and thousands of new Meme coins appear every day. Many people buy them because of the GME -> Meme rotation narrative, which he thinks is very stupid. He also pointed out that the charts in all aspects do not look good, and the market sentiment is heavily biased towards bullishness. He further stated that BTC has attracted almost everyone willing to buy Meme coins at the current price level, and too much capital flowing into new Meme coins will further dilute the market. If BTC needs to rise sharply to attract external funds, a large amount of liquidity injection is needed. Previously, a16z CTO Eddy Lazzarin also criticized Meme coins for undermining the long-term vision of cryptocurrency and lacking technology
Everyone can empty it
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$SOL
A large amount of sol and btc has just been transferred to the exchange, the market will definitely fall tonight
A large amount of sol and btc has just been transferred to the exchange, the market will definitely fall tonight
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