Is BAN still worth investing in?
The short-term speculative enthusiasm has clearly decreased, and in the past few days, most popular Memes have experienced a price correction of over 40%. The current trend direction is highly uncertain.
However, as a Meme coin, BAN, which is associated with both 'Sotheby's auction' and 'SpaceX Starship', has a sustained discussion heat, making it likely to be mentioned again in the future. Therefore, for me personally, BAN is worth adding to my 'watchlist of Meme coins'. I will keep an eye on and analyze the addresses that make large purchases of BAN daily; there may be opportunities for a 'second entry'.
Many family members probably belong to those who can't sit idly on-chain for a long time, are slow in trading, don't want to blindly invest, often miss out on the high-flying 'golden dog', are hesitant to chase high market capitalization, or are cautious about investing too much in low market capitalization. So, having a narrative for the dip and then entering again is also a good option.
It's about gradually building a position after the once-popular concept Meme has drastically dropped—relatively speaking, this is more suitable for medium-sized capital. Coincidentally, in the past two days, Meme coins have overall seen a significant correction, which presents good entry opportunities.
I will occasionally share more market advice and strategies in the chat room. Friends who want to trade but lack direction can come and take a look.
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