June 9, 2024 Grandpa checks in
Unisat's pizza airdrop to wallet users became a big hit. This meme token distributed for free based on the B-circle Pizza Festival made the rune market popular again. Behind the price surge, in addition to the recognition of Unisat, it is more about this year's anti-VC market. Instead of letting VC take over, it is better to play your own meme. Although the risk is high, there are more opportunities to get rich. Even if you lose money, it is a group of friends who cut it off. If you play well and pull a coin to hundreds of millions of dollars, like pizza, you can make a small profit.
Just like this one that the group members compared. "ARB official website shows: $ARB is the future of Ethereum, we have the most advanced blockchain expansion technology, our ecosystem is booming and empowering builders." PEPE official website: "$PEPE has no value, no team, no roadmap, don't expect to get returns, the project is completely useless, only for entertainment." Everyone has seen the final price performance. Now ARB is still hovering around $1, and the highest price is doubled, but PEPE has risen more than ten times.
But I am not saying that pizza and $PEPE are good coins. On the contrary, when they were very popular a few days ago, I also said that you should not touch them. Because sometimes when we judge whether a coin is good or bad, we don’t just look at the project itself. In addition to whether it has commercial value and popularity, I think the most important thing is the price, that is, the market value. When Pepe’s market value is about to squeeze into the top 20, I can only say that the risk is huge. After all, the long-term price still relies on value. As for the value of the so-called meme culture, there is no precedent before.
It is also because pepe has attracted a lot of funds that the current secondary market is difficult to operate. On the contrary, some grid orders and band operations can make some small profits, because the prices of many currencies have basically risen and fallen in the past six months. Today is the weekend market, and there is no fluctuation. However, we will see the market tomorrow and the day after tomorrow. If there is fluctuation, it will fall again. If not, it will continue to go sideways in the next week. Those who sold copycats a few days ago may consider taking them back first.
Thank you for your attention and likes.
