The celebrity effect in three sentences:
Accounts impersonating celebrities often piggyback on trending meme coin discussions to promote “coin giveaways,” enticing users to transfer funds or connect their wallets.
Those who enter at the peak of the hype often pay the highest price, while early entrants often use that moment to sell.
When a coin’s price surges after a celebrity mentions it, first find out who said it and what they said—don’t rush in right away.
$DOGE 0.07144(-1.58%)
#DOGE
Accounts impersonating celebrities often piggyback on trending meme coin discussions to promote “coin giveaways,” enticing users to transfer funds or connect their wallets.
Those who enter at the peak of the hype often pay the highest price, while early entrants often use that moment to sell.
When a coin’s price surges after a celebrity mentions it, first find out who said it and what they said—don’t rush in right away.
$DOGE 0.07144(-1.58%)
#DOGE