How to play the hot MEME market?
At present, institutional capital favors BTC, while retail funds have a clear direction - going straight to MEME coins! The strong performance of MEME coins is inseparable from Musk's assistance: the market value of Dogecoin has exceeded 60 billion US dollars, driving the entire MEME sector to reignite the craze, SHIB has climbed to 15 billion, and PEPE has exceeded 10 billion market value.
Surprise! The second record high in this bull market is PEPE! With the help of CoinBase's launch, PEPE doubled wildly in a short period of time, setting a new record high and becoming the second altcoin to explode after Dogecoin!
However, it should be noted that PEPE's whales have begun to reap profits - 2 trillion PEPE held by a fund address has sold 500 billion at a high point.
The risk of chasing high is not small. It is recommended that friends who love PEPE should be cautious in short-term operations! As Bitcoin and Dogecoin rise, the traffic attention of the MEME sector has increased sharply. In this round of rotation, the MEME sector will most likely explode first!
Recently, whether it is old MEME coins such as $Doge, $Shib, PEPE, or new hot-selling ones such as WIF, $MAGA, PNU, ACT, the performance is extremely impressive!
Especially ACT and PNU launched on Binance, which have seen a dozens of times increase in just a few days, and the market value has soared to 2 billion US dollars; and DOGE, SHIB, and PEPE have even reached a market value of tens of billions of dollars, driving the market value potential of the entire MEME sector to soar.
Today, MEME coins with a market value of 100 million US dollars are commonplace, and 1 billion US dollars has become a new benchmark. Under the wealth effect, retail investors have ushered in a round of very attractive profit opportunities.