I have studied several popular MEME coins in depth recently:
pepe people $not
They have appeared frequently on the list of recent gains, attracting the attention of a large number of investors.
Below, I will take you to briefly understand the reasons for the rise of these MEME coins.
1️⃣ Pepe:
The promotion of the super bull market and multiple favorable factors have caused the market value of the entire cryptocurrency market to soar, providing an opportunity for new Meme coins such as PEPE to emerge. PEPE originated from "Boys Club" and has a deep cultural heritage and has formed a broad community consensus. After experiencing team splits and low prices, PEPE's chips are dispersed, laying the foundation for future explosive growth. With a broad audience base, dispersed chips, good market depth and strong cultural genes, it attracts the favor of capital and hot money.
2️⃣ People:
People coin has experienced a period of volatile decline after listing on the exchange, but with the popularity of MEME narratives and the approaching US election, it may usher in new opportunities. The dealer/market maker has already invested the cost, indicating that the coin has the potential to rise.
3️⃣ Not:
Notcoin is listed on multiple exchanges at the same time, and its market value has soared rapidly, attracting the attention of investors. As the gamefi+meme coin of the TON ecosystem, Notcoin has attracted a large number of users through a simple "Tap to Earn" mechanism, and the community is very popular.
These three currencies are all meme coins (MEME coins). Although they have no practical application value, they have become popular in the market with their strong community consensus and speculation. Investing in meme coins has the characteristics of high risk and high return. Investors can ambush potential meme coins in advance and wait for them to explode.
