Why do meme coins often rise and fall so sharply?
Many people can’t answer that!
Most meme coins have no revenue or practical use as a valuation reference, so their prices are mainly driven by sentiment and money flowing in and out.
When leveraged positions pile up, once the price moves quickly, waves of liquidations can push the market even further.
Try to make sure the money you put in is an amount you can still تحمل lose.
$PEPE 0.0₅389(-2.26%)
Many people can’t answer that!
Most meme coins have no revenue or practical use as a valuation reference, so their prices are mainly driven by sentiment and money flowing in and out.
When leveraged positions pile up, once the price moves quickly, waves of liquidations can push the market even further.
Try to make sure the money you put in is an amount you can still تحمل lose.
$PEPE 0.0₅389(-2.26%)