$BTW $BTW Still not at the top? Analysis of the consolidation logic of a great meme coin 🚀
Great meme coins usually surge to test the top in a moment, then drop sharply. It’s rare for them to trade in a high-range sideways consolidation at the top. When $BTW rises to this kind of size and can still hold without falling, it suggests the top may not be in yet!
Looking at the price action of extreme meme coins like RAVE and LAB, their circulating market caps at their peak were truly astonishing. As long as this support holds, there’s still room for imagination and further upside.
Great meme coins usually surge to test the top in a moment, then drop sharply. It’s rare for them to trade in a high-range sideways consolidation at the top. When $BTW rises to this kind of size and can still hold without falling, it suggests the top may not be in yet!
Looking at the price action of extreme meme coins like RAVE and LAB, their circulating market caps at their peak were truly astonishing. As long as this support holds, there’s still room for imagination and further upside.
