APE surged 70%! Is DYDX the next one?

APE has surged recently, attracting the attention of the market. Behind this phenomenon is not just simple popularity, there are some key points worth thinking about.

1. The price of the currency must be in an upward trend

Before APE, many projects have tried similar "pumpfun" strategies, but the effects are mostly short-lived. Only when the price of the main currency is on an upward trend can the ecological effect really promote liquidity and currency prices.

2. How retail investors judge opportunities

Retail investors should first look at the trend of the main currency, and at the same time pay attention to the opportunities of altcoins in CEX. Only when the flow of funds is good can the wealth effect of the entire chain be driven.

3. The strategy and execution of the project party

In order to bring liquidity and popularity through "pumpfun", the project party needs financial support. It is not enough to rely on the product itself, but also to know how to combine meme culture and attract large households and KOL cooperation.

Success case: APE's performance

APE combines festival activities and community interaction, and also grasps the timing well, attracting a lot of attention and driving the market value up.

DYDX's potential

DYDX has also made some moves recently. After the founder returns, he plans to launch a new platform to try to catch up with this wave of enthusiasm. Whether it can be as successful as APE depends on their execution.

Although the currency circle is hot, success requires a combination of timing, funds and strategies. Let's wait and see whether DYDX can take over.