A coin whose name means "the bull is coming" just fell 14% in a day. The market has a sense of humour. 🐂
$牛来 $0.0551 (-13.9% in 24h)
24h range: $0.0520 – $0.0648
24h volume: $7.77M
$BTC is down 5.9% today — this coin is falling more than twice as fast.
It has bounced a little off its $0.052 low of the day, but it is still sitting near the bottom of its range. No news behind the move — a small meme coin, and $7.8M of trading in a day can swing a coin like this hard either way.
The name promises a bull run. The chart shows the opposite today — and a big drop with no news behind it is not automatically a buying opportunity.
Do meme coin names ever influence you, or do you ignore them completely? 😅
#Crypto #MemeCoins
Not financial advice.
$牛来 $0.0551 (-13.9% in 24h)
24h range: $0.0520 – $0.0648
24h volume: $7.77M
$BTC is down 5.9% today — this coin is falling more than twice as fast.
It has bounced a little off its $0.052 low of the day, but it is still sitting near the bottom of its range. No news behind the move — a small meme coin, and $7.8M of trading in a day can swing a coin like this hard either way.
The name promises a bull run. The chart shows the opposite today — and a big drop with no news behind it is not automatically a buying opportunity.
Do meme coin names ever influence you, or do you ignore them completely? 😅
#Crypto #MemeCoins
Not financial advice.
