The effect of copycats getting rich overnight is showing. Here is my opinion on meme in this round:
Although cryptocurrencies have been washed for more than half a year, and everyone is exhausted; although the narrative in the circle has dried up, and VC coins have become a nobody, relying on MEME coins to support them; but if you are the original capital of the coin circle, in the current global competition for liquidity, the only way to break the circle is to copy, and it must be a copycat that can make people rich overnight, a copycat that creates myths.
My opinion on the market is that it will not break through 68,000 before the election. But now high-quality copycat positions have begun to rise generally
Neiro is obviously the PEPE of this round, and the distribution of chips is very fair.
PEPE rose more than ten times from May last year to February this year, and Neiro was fairly traded from 20m to 600m after Binance’s announcement.
The meaning of fair turnover is that the opportunity cost of each institution/large investor/retail investor is the same, and there is no unlimited unlocking and unlimited dumping of VC coins, as well as low-cost fundraising chips.
The bottom chips of this round of high-quality meme are actually very precious. After PEPE rises, it is very resilient even after a deep correction. In contrast, various VC coins slowly fall by 8-90%. Even if a 2-30% positive line is pulled, it is 12%-26% of the original.
The leader of this round of copycats is high-quality meme, and the current leader is PEPE NEIRO (unless $POPCAT is diverted to Binance spot). Otherwise, everyone will not easily hand over chips
After two years of washing in 23-24, the market has chosen meme as the leader of copycats in this round of bull market. Whether it is from the transaction volume, the increase, or the degree of resistance to decline when the market is poor, the increase when the exchange is listed, meme is the top stream of this round.
Because only in this way can you verify a trader's trading logic from the timeline and learn his thinking mode. The real way to make money is not to make "100 times" of the local dog, believe me, you can't hold it; but to let your body instinctively learn how to make money.
Finally, I hope we can all control our impetuous emotions. Please remember that the time when we lose the most money is not in a bear market, but in a bull market;
What makes us most uncomfortable is not that we don’t make enough money, but that others make much more than us.
