BlockBeats Latest News, on December 22, well-known trader Eugene Ng Ah Sio shared his views on the recent Meme coin market on social media. Recently, four Meme coins: MOODENG, CHILLGUY, PNUT, and GOAT have experienced a wave of panic selling, with prices nearly retracing most of their gains during the altcoin season. 😅
Eugene Ng Ah Sio stated that despite the market's volatility, he personally tends to buy these Meme coins at this time for long-term positioning. This perspective undoubtedly provides investors with a new viewpoint: during market downturns, it may be a good time to position for the future.
Of course, investors need to carefully assess their risk tolerance when considering whether to follow Eugene's strategy. After all, the Meme coin market is known for its high volatility and uncertainty, so investments should be approached with caution.
For blockchain enthusiasts and investors, what are your thoughts on this wave of price fluctuations in Meme coins? Feel free to share your views and strategies in the comments section, and let's discuss this vibrant market together!