From May to November 2024, the MeMe segment kept telling people to watch how they would end up taking 85%+ drawdowns.
In the end, that bunch still got hit—me included, the hundreds of people in my public group.
The market was really pure FOMO. You can’t talk them out of it at all.
Back in July that year, I talked about moving the Pepe position up to Doge. The subsequent market action was also to prepare to replicate the 2021 Defi.
At the time, that public group claimed that an “A9” led people to rush into Squirrel, hyping all kinds of MeMes—obviously a roadside scam the moment you look.
Those people were truly miserable: they used Ethereum’s major BTC/ETH core assets to swap into SOL, and everything else they had was converted into MeMes.
At the time, most of the KOLs were still trading in with proof posts, trying to join in… a bunch of roadside fools…
They consumed a 85%+ drawdown within two months, then spent the rest of their lives standing guard at the top—no amount of persuasion could stop them.
$BTC $ETH $PNUT
In the end, that bunch still got hit—me included, the hundreds of people in my public group.
The market was really pure FOMO. You can’t talk them out of it at all.
Back in July that year, I talked about moving the Pepe position up to Doge. The subsequent market action was also to prepare to replicate the 2021 Defi.
At the time, that public group claimed that an “A9” led people to rush into Squirrel, hyping all kinds of MeMes—obviously a roadside scam the moment you look.
Those people were truly miserable: they used Ethereum’s major BTC/ETH core assets to swap into SOL, and everything else they had was converted into MeMes.
At the time, most of the KOLs were still trading in with proof posts, trying to join in… a bunch of roadside fools…
They consumed a 85%+ drawdown within two months, then spent the rest of their lives standing guard at the top—no amount of persuasion could stop them.
$BTC $ETH $PNUT
