The common theory that $Trump Coin will bring in many retail investors is so dumb. By now, everyone already has a wallet and trades memecoins or low caps. No new people are coming into the space.
Instead, the fact that this caused a 50% crash in all other memecoins will drive users further away, more and more, especially after their portfolios have already been under stress over the past 6 months. Continuous fast pump-and-dump and uncontrollable saturation are only making things worse in this space.
Retails love to hold, and day by day strategy is becoming bloody.
2017 and 2021 wasn’t like this, just Hodl was the motto and it worked till the end
Instead, the fact that this caused a 50% crash in all other memecoins will drive users further away, more and more, especially after their portfolios have already been under stress over the past 6 months. Continuous fast pump-and-dump and uncontrollable saturation are only making things worse in this space.
Retails love to hold, and day by day strategy is becoming bloody.
2017 and 2021 wasn’t like this, just Hodl was the motto and it worked till the end