Why can one post by a celebrity send a Meme coin soaring?
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 period of time.
Meme coins launched by celebrities are still Meme coins. Their prices are driven by sentiment, and fame cannot replace fundamental value.
The most important thing to remember when managing your funds: if a celebrity’s post includes a “claim link,” first make sure it was posted by their actual account. There are many impersonator accounts.
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