goozerin on Nostr: Memecoins in Crisis: Hands Off or Perfect Market Entry? š¢š° All signs in the ...
Memecoins in Crisis: Hands Off or Perfect Market Entry? š¢š°
All signs in the memecoin market have been pointing downward in recent weeks š. New hype projects like Dogwifhat have been plummeting for days, trading volume on decentralized exchanges was in free fall šŖļø.
The mood ā on the brink of capitulation š°. Now, many projects are recovering, with gains of up to 20 percent š. A brief respite before the final crash ā or is the sector experiencing its comeback? š¤
Controversial celebrities like Andrew Tate or Hulk Hogan jumped on the bandwagon šš. Scams, rug pulls, insider trading: Discontent was spreading š . Everywhere you looked: lies and deceptions š¤„.
"Pack it up, boys, it's over," tweets Ki Youn Ju, CEO of Crypto Quant, for example š¦. "The dominance of memecoins is declining, indicating a broader shift in the crypto community's attention." Away from gambling, towards altcoins with fundamental values š°ā”ļøš.
#Memecoins #CryptoMarket #InvestmentRisks šØš±
All signs in the memecoin market have been pointing downward in recent weeks š. New hype projects like Dogwifhat have been plummeting for days, trading volume on decentralized exchanges was in free fall šŖļø.
The mood ā on the brink of capitulation š°. Now, many projects are recovering, with gains of up to 20 percent š. A brief respite before the final crash ā or is the sector experiencing its comeback? š¤
Controversial celebrities like Andrew Tate or Hulk Hogan jumped on the bandwagon šš. Scams, rug pulls, insider trading: Discontent was spreading š . Everywhere you looked: lies and deceptions š¤„.
"Pack it up, boys, it's over," tweets Ki Youn Ju, CEO of Crypto Quant, for example š¦. "The dominance of memecoins is declining, indicating a broader shift in the crypto community's attention." Away from gambling, towards altcoins with fundamental values š°ā”ļøš.
#Memecoins #CryptoMarket #InvestmentRisks šØš±