In the past six months, the global market seems to have fallen into a collective downturn, with the US stock market falling, the Hong Kong stock market falling, and the cryptocurrency market also sluggish. Every sector seems to have lost the battle, and there is a lot of wailing in the market. The big bull of interest rate cuts that everyone once expected seems to have become an unattainable dream. Everyone is waiting for the Federal Reserve to "open the floodgates", but before the water is released, the bull has already fallen into a bear.
On the other hand, the meme market, although it is completely "transmitted from person to person", just like the virus, it is driven by emotions and public opinion, but at least you can still hear the noise in the market, and it is very lively. Various projects come and go, and investors chase hot spots. Even if the risks are high and the volatility is large, there is still a bit of "risk". Although meme coins may not be a long-term solution, at least in this cold market, it is still hot.