🧮 Meme|Celebrity Effect
· Key point: The celebrity effect is especially pronounced in meme coins, because these coins lack other valuation benchmarks to begin with.
· How to understand it: Celebrity comments mainly bring attention, and attention fades quickly, making it difficult for prices to stay high for long.
· Reminder: If a coin’s price surges after a celebrity mentions it, first find out who said it and what they said. Don’t rush in right away.
$DOGE 0.07135(-1.65%)
· Key point: The celebrity effect is especially pronounced in meme coins, because these coins lack other valuation benchmarks to begin with.
· How to understand it: Celebrity comments mainly bring attention, and attention fades quickly, making it difficult for prices to stay high for long.
· Reminder: If a coin’s price surges after a celebrity mentions it, first find out who said it and what they said. Don’t rush in right away.
$DOGE 0.07135(-1.65%)
