Musk's profile picture change directly triggered market sentiment, and the "frog meme" became a hot topic again!
In the current sluggish market, PEPE rose in response, rising by 7% in a short period of time, once again showing the market's extreme sensitivity to hot spots.
Current mainstream coins related to "frog"
There are currently two "frog-related" coins listed on *** and ***:
PEPE: As one of the representatives of Meme coins, PEPE has repeatedly set off waves in the market with its strong community foundation and hot spot effect. BOME: Although not as famous as PEPE, it also has the potential for short-term capital attention and is worth tracking continuously.
Meme coin investment needs to be cautious
Although this emotional pull is very attractive, the risks cannot be ignored:
Short-term volatility is drastic: Meme coins have a large increase and a more severe retracement, and investment requires position control. Hot spot dependence: Event-driven market conditions such as Musk's shouting orders are often limited in sustainability, and following the trend requires fast entry and exit. Trading depth and liquidity: Meme coins on some platforms may have insufficient trading depth, so pay attention to potential slippage.
Suggestions: Short-term strategy: Pay attention to the continuity of hot spots, track social media topics and exchange dynamics, and you can take advantage of short-term opportunities.
Risk control: Do not hold a large position, especially when setting a stop loss when taking over at a high position. Potential coin tracking: In addition to PEPE and BOME, pay attention to the listing and market performance of other frog-related currencies.
There are still opportunities driven by hot spots. Stay on the Frog Express, maybe the next stop will be the moon! What do you think, fellow coin friends? Welcome to discuss in the comment area.
Follow Mr. Zhao, explore these cutting-edge projects in depth, and grasp the latest developments in the crypto world! #pepe #BOME #BOME你就高攀不起了 #PEPE创历史新高 #比特币战略储备
