Someone asked: Why can a single comment from a celebrity make a meme coin surge?
My answer: Meme coins launched by celebrities are still meme coins. Their prices are still driven by sentiment, and fame can’t replace real value. “A celebrity mentions it” and “a celebrity owns it” are two different things. Celebrities can also change their tune or exit at any time.
$DOGE 0.07884 (-0.49%)
What would you like to see next? Wallets or something else?
My answer: Meme coins launched by celebrities are still meme coins. Their prices are still driven by sentiment, and fame can’t replace real value. “A celebrity mentions it” and “a celebrity owns it” are two different things. Celebrities can also change their tune or exit at any time.
$DOGE 0.07884 (-0.49%)
What would you like to see next? Wallets or something else?