Sharing a quick piece of knowledge—it’s short and takes just one minute to read.
How can a single comment from a celebrity send a meme coin soaring?
In my view, when a celebrity mentions a meme coin on social media, it often triggers a sharp increase in trading volume and a rapid price spike in a short time.
Don’t treat a celebrity’s comment as a reason to trade. They aren’t responsible for other people’s gains or losses.
$DOGE has seen sharp fluctuations over short periods several times in the past after celebrities posted about it.
There’s no shame in taking it slow. Staying in the game matters more than making a big profit on any one trade.