A friend asked about this, so I might as well explain.
Why do Meme coins often rise and fall so sharply?
In my view, small-cap Meme coins usually have very thin liquidity, so a single large order can cause the price to swing dramatically.
When trading Meme coins with leverage, keep the multiplier low and use a stop-loss. Don’t let a single wick wipe out your entire position.
$PEPE The official website also states that PEPE is a Meme coin with no intrinsic value.
Have you heard of this before?
#PEPE
Why do Meme coins often rise and fall so sharply?
In my view, small-cap Meme coins usually have very thin liquidity, so a single large order can cause the price to swing dramatically.
When trading Meme coins with leverage, keep the multiplier low and use a stop-loss. Don’t let a single wick wipe out your entire position.
$PEPE The official website also states that PEPE is a Meme coin with no intrinsic value.
Have you heard of this before?
#PEPE
