When it comes to the celebrity effect, keep these points in mind:
1) Price gains driven by celebrities often give back a large portion once the buzz dies down.
2) When a celebrity mentions a particular meme coin on social media, it often triggers a short-lived surge in trading volume and a sharp price jump.
3) If a coin’s price jumps after a celebrity mentions it, first find out who said it and what they said. Don’t rush in right away.
$DOGE has seen sharp price swings over short periods several times after celebrities posted about it.
#DOGE
1) Price gains driven by celebrities often give back a large portion once the buzz dies down.
2) When a celebrity mentions a particular meme coin on social media, it often triggers a short-lived surge in trading volume and a sharp price jump.
3) If a coin’s price jumps after a celebrity mentions it, first find out who said it and what they said. Don’t rush in right away.
$DOGE has seen sharp price swings over short periods several times after celebrities posted about it.
#DOGE
