Let's take a look at the few MEME coins that have trapped the most people in this bull market.
$BOME has not increased since it was listed on the exchange; it has fallen from March 2024 to now. When it first launched, it had a market cap of 2 billion, and its current market cap is 46 million, which is basically no different from going to zero.
$PNUT Squirrel, after being listed on the exchange, increased fivefold, benefiting from endorsements by Musk and Trump. Many people hoped that PNUT would become the second PEPE, but its market cap peaked at 2 billion and is currently around 84 million. This is also one of the meme coins that has trapped the most people.
$NEIRO Lowercase Dog, an ancient meme coin from 2021, was specially launched on Binance to rescue the market. After being listed on the exchange, it increased tenfold, similarly peaking at a market cap of around 2 billion, and is currently around 50 million, with a decline of over 95% from its high.
ACT Artificial Intelligence AI + meme coin, which grew hundreds of times before being listed on the exchange on the SOL chain. Major KOLs are optimistic about it, with the wizard being the most optimistic, publicly stating it could reach a market cap of 10 billion. The project once had a highly controlled supply that did not fall, and many retail investors had high hopes for it. However, as the market turned bearish, the project could not withstand a single-day sell-off of 70% and fled, subsequently announcing the project's death.
Everyone has been trapped by these four meme coins to varying degrees, among which BOME is the most despicable, as it was all about dumping from the start, just like VC coins. At least PNUT and NEIRO increased several times after being listed on the exchange, giving retail investors a chance to make money. As for why retail investors did not run or greedily increased their positions later, that is their own problem. ACT was purely a pump driven by KOLs; many KOLs bought in advance and then collectively called for selling, leaving their poor fans as liquidity for their dumping.
Are there still people trapped in these coins? How much are they trapped in? {spot}(NEIROUSDT) {spot}(PNUTUSDT) {spot}(BOMEUSDT)
If you can't hold on, that's your problem; the market is always a rare opportunity that only a few can seize.
This public chain not only has stablecoins, DeFi, memes, and NFTs, but more importantly, it is a deflationary public chain, with lunc tokens decreasing every day.
This is a public chain that can normally sustain development, operations, and ecological continuity.
This is a public chain with extremely high transaction fees; transferring 100 million requires paying 500,000 lunc, 80% will be permanently destroyed, 10% for community development funds, and 10% for block reward payments. There is no issuance, an almost perfect blockchain protocol.
This is the lunc public chain, with a market value of only 200 million. Which of those altcoin public chains is not worth tens of billions, nearly a hundred billion?
Today I accidentally came across this brother's post in the square, unlimited bullets can't be depleted, it feels like he's a bit obsessed, and many times when the mindset collapses, the more you operate, the more you lose. Taking appropriate breaks is also a form of operation.
😳One night 200,000? No one told me that trading cryptocurrencies could be this profitable! Let's talk about the trend of ZEC. ZEC can't hold on any longer, it plummeted 30% overnight, and its crash was actually predetermined long ago. Because the big players are not doing charity, they didn't push it up this high to give retail investors money, in the end, they will harvest. As shown in the picture, it formed a double top and broke the neckline at 550. This time the endpoint may be near the previous low of 430, but the 500 level also has some support; if you want to be safe, it's also okay to take some profits here.
Indeed, it has dropped a bit too much in the short term, and there may be some rebounds, for example, you can consider shorting near the neckline at 540-560. A 1x long position won't get liquidated; personally, I opened a 20x position with 5% margin, which is actually 1x. Even if temporarily stuck, it will eventually come down later.
In general, our short positions in the three legendary cryptocurrencies ZEC, FIL, and ICP have all collapsed after two weeks. Shorting with a 1x long position, not afraid of fluctuations, it's limitless. Now we can consider slowly taking some profits. So trading cryptocurrencies is just like that, watch the trend, don't be influenced by public opinion, and achieve the best results! We open orders every day and improve together~
$XRP Recently, Grayscale has bought the most XRP Grayscale is selling coins every day, with BTC reduced from 640,000 to 170,000 now, averaging 200 sold per day {future}(XRPUSDT)
The big pancake is the only thing that works, second illness has been wasted
K线人生飞哥
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As of now, BTC has basically fallen to the annual increase, and ETH has incurred losses. It is mid-November now, and if it maintains or is below this price by the end of December, then the liquidity crisis for this year has essentially begun. At that time, both the US stock market and the A-share market will not be able to remain unaffected. Stablecoins and BTC's ETF have completely tied cryptocurrencies to the US stock market, which is essentially a dollar asset, closely synchronized with the US stock market, and even more sensitive to liquidity than the US stock market. Therefore, with BTC falling so badly, the US stock market still needs to manage risk effectively.