🐸 Why have MEME COINS become the most resilient sector in the market?
Friends, hello everyone.
There is an interesting situation on the market right now. I don't know if you have noticed? Well we can see that during not the most active phases of the market or in times of correction, memcoins behave stronger than “top” altcoins. It used to be the other way around.
📑 Memcoins were rising strongly, but they were also falling fastest. It was hard for them to resist the negative market. It used to be a great idea to switch from memes to some fundamental asset (e.g.$WIF , $APT , $ARB, $STRK.) during the fall.
Now, however, the situation is reversed. Fundamental assets are falling and memes are rising. But why?
Funds are to blame. Earlier I described the situation with investment rounds. To summarize, the main struggle between investors of a project takes place even before its release.
🔎 Those funds that will come in at the very first round will probably already have 100x on paper. And if the project is successfully listed, even more.
BUT - in memcoins there is no such situation. The main struggle takes place after the token is released. The most important thing is that there are no token unlocks. This allows big players to get a large number of tokens at once and then make the price pump.
❕ In general, memcoins are just more susceptible to manipulation because of their low capitalization. It's a simple system of pump and dump. I hope everyone knows how it works though?
