Crypto facts 📚 Meme coin volatility
Most meme coins have no revenue or real-world utility to use as a basis for valuation, so their prices are driven mainly by sentiment and the flow of funds in and out.
A single post from a celebrity or a listing announcement from an exchange can trigger sharp price swings in meme coins within a short time.
If I’d understood this sooner, the money I wasted could’ve paid for several hot pot meals.
$PEPE The official website states that PEPE is a meme coin with no intrinsic value. Current price: 0.0₅391.
NFA. Do your own research.
Most meme coins have no revenue or real-world utility to use as a basis for valuation, so their prices are driven mainly by sentiment and the flow of funds in and out.
A single post from a celebrity or a listing announcement from an exchange can trigger sharp price swings in meme coins within a short time.
If I’d understood this sooner, the money I wasted could’ve paid for several hot pot meals.
$PEPE The official website states that PEPE is a meme coin with no intrinsic value. Current price: 0.0₅391.
NFA. Do your own research.