Why do meme coins often experience sharp rises and falls?
A single post from a celebrity or a listing announcement from an exchange can cause dramatic short-term price swings in meme coins.
Meme coins with small market caps usually have thin order books, so a single large trade can cause a significant price movement.
The most important thing to remember when managing your position: only invest in meme coins with money you can afford to lose without affecting your life, and plan your exit in advance.
$PEPE 0.0₅49(-0.41%)

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For reference only. You are responsible for your own profits and losses.