Why do Meme coins often surge and crash so violently? Don’t panic, the class rep is here to answer:
Most Meme coins have no income or practical use as an anchor for valuation; prices are mainly driven by sentiment and capital inflows and outflows.
When leveraged positions pile up, once the price makes a big move, waves of liquidations will further amplify the volatility.
This kind of practical info can’t make me rich overnight, but it can help me avoid some pitfalls.
$PEPE 0.0₅39（+2.9%）
#PEPE
Whether to buy or not is up to you; this is just a share.
Most Meme coins have no income or practical use as an anchor for valuation; prices are mainly driven by sentiment and capital inflows and outflows.
When leveraged positions pile up, once the price makes a big move, waves of liquidations will further amplify the volatility.
This kind of practical info can’t make me rich overnight, but it can help me avoid some pitfalls.
$PEPE 0.0₅39（+2.9%）
#PEPE
Whether to buy or not is up to you; this is just a share.