Why was my feed full of dog and frog coins for a while?
First, some context: the newly launched PEPE token took off in just a few weeks between April and May 2023.
Why it happens: Meme coin frenzies often occur when market risk appetite is high, and hot money is more willing to chase volatile assets.
$DOGE is often seen as a barometer for the Meme coin sector.
Understanding the mechanics can help you avoid some pitfalls, but it can’t replace risk management.
First, some context: the newly launched PEPE token took off in just a few weeks between April and May 2023.
Why it happens: Meme coin frenzies often occur when market risk appetite is high, and hot money is more willing to chase volatile assets.
$DOGE is often seen as a barometer for the Meme coin sector.
Understanding the mechanics can help you avoid some pitfalls, but it can’t replace risk management.