A single post sends a coin soaring in a day—what happens next?
The celebrity effect is especially pronounced with meme coins because they inherently lack other valuation benchmarks.
When you see a coin’s price surge after a celebrity mentions it, first find out who said it and what they said. Don’t rush in right away.
$DOGE has seen several sharp short-term swings following celebrity posts.
Have people misunderstood this before, too?
The celebrity effect is especially pronounced with meme coins because they inherently lack other valuation benchmarks.
When you see a coin’s price surge after a celebrity mentions it, first find out who said it and what they said. Don’t rush in right away.
$DOGE has seen several sharp short-term swings following celebrity posts.
Have people misunderstood this before, too?
