Recently, the popularity of Chinese-themed narrative has clearly heated up. This name itself is quite clever and lends itself easily to riding this wave of sentiment. Looking at the chart, earlier it saw volume pick up again from around 5K and then pushed up to 11K, which indicates that capital has already started to speculate.
Right now the market cap is only about $11.7k, and the previous high was still $55k, so I chose to set a position early, betting that the hype will keep growing.
Meme coins don’t talk about value—they’re about narrative + hype + capital. As long as the community keeps people playing with it, this kind of low market cap stock still has a lot of upside elasticity.
Right now the market cap is only about $11.7k, and the previous high was still $55k, so I chose to set a position early, betting that the hype will keep growing.
Meme coins don’t talk about value—they’re about narrative + hype + capital. As long as the community keeps people playing with it, this kind of low market cap stock still has a lot of upside elasticity.
