Coin Metrics published a pretty sobering study today: Meme coins hit their peak after a median of 17 days, then lost 95% of their value over 370 days.
Peak in 17 days, down to just 5% after a year—this isn’t a joke, it’s the data.
That’s why the right way to trade memes has always been to get in and out quickly. Those who fall in love with them end up holding the bag.
(Not investment advice)
#MEME
Peak in 17 days, down to just 5% after a year—this isn’t a joke, it’s the data.
That’s why the right way to trade memes has always been to get in and out quickly. Those who fall in love with them end up holding the bag.
(Not investment advice)
#MEME