The surge of a certain coin brought by Musk changing his avatar and name
I believe everyone knows that yesterday, Musk updated his avatar and name on Twitter, which correspondingly led to a surge in two currencies. Our Pepe also managed to get a sip of soup. The surge in these two coins didn’t actually have any favorable narrative or historical background; it completely relied on one of the characteristics of meme coins: riding the hype. But is the well-known good news really good news? Will entering the market now turn into bad news? I remember last time when Musk changed his avatar, he supported a coin called Wukong, which has now gone to zero. So friends entering the market now face a very high risk; if Musk changes his avatar and name again, it could very well lead to a crash!
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