$牛来 This sudden plunge—I’ve always felt something isn’t quite right.
Compared to things going completely bad, I’m more inclined to think this is a shakeout after the spot listing. After all, the narrative is so strong; it went up to spot but then kept drifting downward all the way, which really doesn’t make much sense. Also, the market cap is only a few tens of millions of dollars right now—at this level, there really isn’t that much of a bubble.
Putting it all together, I topped up a bit of the spot holdings and plan to just hold for now. After all, memes that are listed early on Binance at the beginning of a bull market often won’t perform too badly #meme板块关注热点 #美财政部拟回购最多60亿美元国债 #Ripple游说推进CLARITY法案投票
Compared to things going completely bad, I’m more inclined to think this is a shakeout after the spot listing. After all, the narrative is so strong; it went up to spot but then kept drifting downward all the way, which really doesn’t make much sense. Also, the market cap is only a few tens of millions of dollars right now—at this level, there really isn’t that much of a bubble.
Putting it all together, I topped up a bit of the spot holdings and plan to just hold for now. After all, memes that are listed early on Binance at the beginning of a bull market often won’t perform too badly #meme板块关注热点 #美财政部拟回购最多60亿美元国债 #Ripple游说推进CLARITY法案投票