Someone asked: How can a single remark from a celebrity send a meme coin soaring?
My answer: When a celebrity mentions a meme coin on social media, it often triggers a surge in trading volume and a sharp price spike in a short time. Those who buy in at the height of the hype usually pay the most, while early buyers often use that moment to sell.
$DOGE 0.08161 (+2.72%)
Did everyone else misunderstand this before, too?
Just an observation, not investment advice.
My answer: When a celebrity mentions a meme coin on social media, it often triggers a surge in trading volume and a sharp price spike in a short time. Those who buy in at the height of the hype usually pay the most, while early buyers often use that moment to sell.
$DOGE 0.08161 (+2.72%)
Did everyone else misunderstand this before, too?
Just an observation, not investment advice.