As Trump's campaign gains momentum, DOGE (Dogecoin) suddenly becomes hot, attracting a rush of buyers.
Driven by this buying frenzy, the price of Dogecoin skyrockets like a rocket, and it also ignites the entire MEME sector.
Established meme coins like SHIB (Shiba Inu), PEPE (Pepe Coin), and FLOKI (Floki Coin) also rise in tandem with Dogecoin. Even the poorly rated NOT chain, which has been criticized, managed to hold on for several days during this market wave. Among them, X coin performed remarkably, surging tenfold in just a week, which is truly astonishing!
Seeing the strong upward trend of established meme coins, retail investors can no longer sit still. They hurriedly start exchanging their new meme coins, such as BOME, NEIRO, etc., for established meme coins. As this coin-switching behavior becomes more frequent, the prices of established meme coins gradually stabilize, and the rate of increase also noticeably slows down.
However, at this moment, those new meme coins, after experiencing massive sell-offs and nearing a 'clear-out' state, suddenly enter a crazy upward mode.
Everyone is anxious, fearing they might miss this great opportunity to make money, so they quickly sell off their other sluggish coins and eagerly rush into the meme sector.
After this turmoil, the meme sector first stabilizes gradually, and then begins to pull back, while other popular sectors, such as AI artificial intelligence and Bitcoin ecology, seize the opportunity to take the stage and become the new favorites of the market.
