1. Common Characteristics
Simply put, all three coins are memes. Due to the meme rhythm led by Pepe and Wif in the first half of the year, whether retail investors or seasoned ones, all they see is meme coins. I actually feel that memes and VC coins are all toys of the market makers; the candlesticks can be drawn however they like.
2. There is a very good wealth effect
These three memecoins had market capitalizations of
neiro—20 million
cat—20 million
pnut—around 100 million
The above three tokens are roughly within these ranges; if there are errors, please don’t criticize.
However, the rise of a token is divided into two phases.
1. After Binance's announcement—officially listed on Binance
This part saw the most significant increase because the benefits and visibility brought by Binance spot trading are exceptionally scary.
Act and Neiro went directly from 20 million to 100 million and then quickly to 200 million.
Top scientists focus on monitoring, buying for example that a formula can multiply the principal tenfold in a short time. Ordinary retail investors, if they have money on-chain or decisively withdraw from Binance and then gamble on-chain, can also ride a large wave.
2. After being listed on Binance
there will be a brief decline, as on-chain players rush in to sell right after the opening
This will allow more retail investors to become aware, bottom fishing and then just holding for a day or two before a strong rally.
Here we categorize retail investors into two types: those who can't hold and exit, and those who can't resist entering. If you're unlucky and buy at the peak, it can be devastating, but actually, this possibility is low; quick entries and exits can still yield profits.
The 'dog dealer' will choose the best liquidity to sell; they are not seeking the peak.
Selling was satisfying, with prices hovering at high levels—because many retail investors wait for prices to drop slightly to their psychological expectations before buying in aggressively. Every candlestick on the way down has countless retail investors hanging on.
If you pay attention, you will find
that during each decline, the ones that people are bottom-fishing are basically these three coins—Neiro, Act, Pnut, etc. Only when nobody is really talking about them will they start to rise.
I do really like these three tokens, but after being tormented by Bome, I will no longer touch these.
Neiro, Act, and Pnut feel harder to hold than Bome.
Bome has been washed for half a year and is still not clean; it feels like Bome will only rally if these three do.
Summary: The listing policies for Act, Neiro, and Pnut are simply perfect; even though these three coins have trapped many people, no one goes back to curse Binance, they just blame themselves for being bad; I still hope for more like these because they really make people want to buy.