LIVEThe Biggest MEME Explosion in the Second Half of the Year 🌋
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**1. PEPE**
Hillary Clinton's choice, Trump's supporters' politicization of the leading MEME in the 2016 election, Binance, and Mao tickets have made this MEME popular from traditional self-flow. Americans are likely to buy it. The only downside is its cost, but quality assets are rarely cheap. In a bull market, expensive assets tend to become even pricier.
You can earn more during the rise by increasing your position. A significant bull market involves holding a large position with CEX leaders, allowing for easy entry and exit; otherwise, you might face unexpected losses.
**2. PEOPLE: Crypto Native MEME from the US Constitution**
With a constitutional concept, Binance, and Mao tickets, PEOPLE is a notable MEME with about 400 million tokens. Its drawbacks include its status as a native MEME in the crypto space, not directly tied to election topics. Previously, its rise was driven by a national market, particularly by Chinese investors expecting Americans to buy. Historically, such MEMEs undergo a prolonged correction after a significant rise.
Currently, there are no other similar MEMEs on Binance. Waiting for a mid-term correction could present a good investment opportunity to anticipate market changes. In a bull market, managing expectations is key to consistent profits. Some investors aim for massive gains, but realistic targets can ensure steady returns. Betting on profits and reinvesting your principal can be risky; if the market turns, it can lead to significant losses.
The altcoin market has seen inflated values, with many new coins lacking sufficient correction. Unlike the last bull market, the wealth effect of altcoins on exchanges has diminished, with most action happening on-chain. Despite the challenges, many altcoins are expected to reach new highs within three months. Best of luck!
