📋 Meme | Meme Season
· Definition: From April to May 2023, the newly launched PEPE quickly went viral within just a few weeks.
· How to understand it: Most of the new Meme coins that emerge during a hype cycle soon fade into obscurity, and only a very small number can sustain their popularity.
· Reminder: When sentiment cools, pullbacks are often rapid. It’s safer to plan your take-profit and stop-loss strategy in advance than to figure it out when the time comes.
$DOGE 0.07759(-3.64%)
· Definition: From April to May 2023, the newly launched PEPE quickly went viral within just a few weeks.
· How to understand it: Most of the new Meme coins that emerge during a hype cycle soon fade into obscurity, and only a very small number can sustain their popularity.
· Reminder: When sentiment cools, pullbacks are often rapid. It’s safer to plan your take-profit and stop-loss strategy in advance than to figure it out when the time comes.
$DOGE 0.07759(-3.64%)