$TROLL quietly surged nearly 8x in 10 days
it dropped from a 96% crash of its ATH of $280m to a low of $10m, a range where it consolidated for ~100 days while everyone declared it dead... then BOOM, it skyrocketed 14x from the lows and 7x in a week out of nowhere
this reminds me of $FLOKI in the last cycle
it plummeted 99% from its ATH of $3.5 billion at the end of 2021 to lows of around $40 million in mid-2022, after the most aggressive FUD I've ever seen directed at a memecoin + the bear market, and many called it dead forever
then out of nowhere, it exploded from $40m to $800m, retraced and consolidated for a while, and then shot back up to its ATH of $3.5 billion (a ~117x increase)
that's how memecoins work!
memecoins have this habit of blasting off super strong when they first launch, dropping 90%+ and then consolidating for months while everyone thinks they're dead, only to explode from the lows out of nowhere and make new ATHs when no one expects it
every time, we see people come out of nowhere to say 'this time it's different, memecoins are dead forever for this reason'... then we watch the same thing happen again with $TRADOOR
#IranRejectsUSPeacePlan #TrumpToVisitChinaFromMay13To15 #StrategyToResumeBTCPurchases #GrayscaleCardanoETF #CFTC&SECStrengthenOversightCollaborationOnPredictionMarkets @Yi He @Richard Teng @CZ
it dropped from a 96% crash of its ATH of $280m to a low of $10m, a range where it consolidated for ~100 days while everyone declared it dead... then BOOM, it skyrocketed 14x from the lows and 7x in a week out of nowhere
this reminds me of $FLOKI in the last cycle
it plummeted 99% from its ATH of $3.5 billion at the end of 2021 to lows of around $40 million in mid-2022, after the most aggressive FUD I've ever seen directed at a memecoin + the bear market, and many called it dead forever
then out of nowhere, it exploded from $40m to $800m, retraced and consolidated for a while, and then shot back up to its ATH of $3.5 billion (a ~117x increase)
that's how memecoins work!
memecoins have this habit of blasting off super strong when they first launch, dropping 90%+ and then consolidating for months while everyone thinks they're dead, only to explode from the lows out of nowhere and make new ATHs when no one expects it
every time, we see people come out of nowhere to say 'this time it's different, memecoins are dead forever for this reason'... then we watch the same thing happen again with $TRADOOR
#IranRejectsUSPeacePlan #TrumpToVisitChinaFromMay13To15 #StrategyToResumeBTCPurchases #GrayscaleCardanoETF #CFTC&SECStrengthenOversightCollaborationOnPredictionMarkets @Yi He @Richard Teng @CZ