Popular MEME coins have recently experienced highs and subsequent declines, making profits not easy.
First, let's look at Cheems on the BSC chain, which currently has a market cap of $69 million and has seen fluctuations over the past week. HIGHER on the Base chain once surged 10 times, but trading volume plummeted to just $155,000, and its price also dropped by about 50%. DEGEN fell from 0.011 to 0.0085, reaching a peak since its listing on Coinbase.
On the SUI chain, MEME coins have driven market development, but the leader HIPPO has dropped from a high of 0.0185 to 0.001, approaching a 50% decline, with a trading volume of $10 million. On the Ethereum side, the market cap of the big goose Daram is $15 million, having fallen from a high of 0.00028 to 0.00007, showing quite weak performance. In contrast, SPX remains relatively strong, with a market cap of about $700 million.
On Apechain, due to the launch of the public chain and MEME launcher, APE surged 150% in a single day. Currently, the leader CURTIA has a market cap of $8.8 million, down from a high of 0.0285 to 0.0088, with a decline of nearly 70%.
In summary, investing in MEME coins requires caution, as the risks are greater than those associated with VC coins; yesterday’s popular coins may go to zero today.
