Meme｜Why do meme coins often surge and plunge so sharply?
Meme coin themes change very quickly, and hot money often rotates frequently among several themes.
When leveraged positions pile up, once the price moves sharply, a wave of forced liquidations can push the market even further.
The official website of $PEPE also states clearly that PEPE is a meme coin with no intrinsic value. Current price: 0.0₅434.
Understand the principles more thoroughly before getting started, and don’t place orders based on gut feeling.
Meme coin themes change very quickly, and hot money often rotates frequently among several themes.
When leveraged positions pile up, once the price moves sharply, a wave of forced liquidations can push the market even further.
The official website of $PEPE also states clearly that PEPE is a meme coin with no intrinsic value. Current price: 0.0₅434.
Understand the principles more thoroughly before getting started, and don’t place orders based on gut feeling.
