📎 Meme|Meme coin
· Definition: Dogecoin has no supply cap and issues about 5.2 billion new coins each year.
· How to understand it: One major reason Meme coins fluctuate so sharply is that they lack fundamental anchors. When sentiment shifts, their prices often fall rapidly.
· Note: For newly launched Meme coins, check whether ownership of the contract has been renounced and whether liquidity is locked. Avoid contracts that allow arbitrary increases in supply.
$DOGE 0.07769(-2.81%)
#DOGE
· Definition: Dogecoin has no supply cap and issues about 5.2 billion new coins each year.
· How to understand it: One major reason Meme coins fluctuate so sharply is that they lack fundamental anchors. When sentiment shifts, their prices often fall rapidly.
· Note: For newly launched Meme coins, check whether ownership of the contract has been renounced and whether liquidity is locked. Avoid contracts that allow arbitrary increases in supply.
$DOGE 0.07769(-2.81%)
#DOGE