Someone asked: Why do Meme coins suddenly surge or plunge so often?
My answer: A single post by a celebrity or an exchange listing announcement can trigger sharp short-term swings in Meme coin prices. When leveraged positions are crowded, any major price move can trigger mass liquidations, pushing the market even further.
$PEPE 0.0₅489（-0.61%）
What do you think? Feel free to share your thoughts in the comments.
#PEPE
My answer: A single post by a celebrity or an exchange listing announcement can trigger sharp short-term swings in Meme coin prices. When leveraged positions are crowded, any major price move can trigger mass liquidations, pushing the market even further.
$PEPE 0.0₅489（-0.61%）
What do you think? Feel free to share your thoughts in the comments.
#PEPE