Meme coin volatility in three sentences:
Meme coins with small market caps often have thin order books, so a single large order can cause a major price move.
When there are no fundamentals to use as a reference, the price mainly depends on “how much the next buyer is willing to pay.” When sentiment shifts, the price can plunge sharply.
Before chasing a sudden rally, ask yourself: Could you accept it if the price immediately fell by half?
$PEPE 0.0₅487(-1.42%)
#PEPE
Meme coins with small market caps often have thin order books, so a single large order can cause a major price move.
When there are no fundamentals to use as a reference, the price mainly depends on “how much the next buyer is willing to pay.” When sentiment shifts, the price can plunge sharply.
Before chasing a sudden rally, ask yourself: Could you accept it if the price immediately fell by half?
$PEPE 0.0₅487(-1.42%)
#PEPE
