$USELESS 24 hours surged by over 73%, with market value breaking through $237 million—how exactly did this rally come about?
The biggest driver behind it was Bonk Guy’s high-profile bullish call, which directly attracted massive capital inflows, with both spot and perpetual contract trading volumes surging sharply. Even more interestingly, during this round of gains, both whale and retail holdings increased in sync, and community sentiment has already reached an extremely frenzied state.
Although the short-term uptrend is fierce, it’s still worth reminding everyone that rallies driven by this kind of hype are extremely volatile. Be sure to control your position size and don’t let FOMO cloud your judgment.
#memecoin #cryptocurrency market
The biggest driver behind it was Bonk Guy’s high-profile bullish call, which directly attracted massive capital inflows, with both spot and perpetual contract trading volumes surging sharply. Even more interestingly, during this round of gains, both whale and retail holdings increased in sync, and community sentiment has already reached an extremely frenzied state.
Although the short-term uptrend is fierce, it’s still worth reminding everyone that rallies driven by this kind of hype are extremely volatile. Be sure to control your position size and don’t let FOMO cloud your judgment.
#memecoin #cryptocurrency market