In recent months, the most eye-catching thing is the rise of the meme series!!!
Among them, pepe has become the leader of the entire meme series, leading a myth of getting rich quickly.
After all, those who have made a lot of money on pepe are a minority, and more people are attracted by the craze of the meme series and flock to this sector, trying to find the next pepe.
They soon discovered that most of the meme series currencies did not soar like pepe, but were falling. Even if the overall market continues to rise, these meme coins are still weak.
The reason behind this is not complicated.
As the signs of the peak of the pepe market become increasingly obvious, the main funds begin to quietly leave the market.
The withdrawal of the main force means that the funds of the entire meme sector are withdrawing, which is undoubtedly a double whammy for meme coins with a small market value and no actual value.
Their risks are increasing, and investors' confidence is gradually eroding.
In fact, as early as mid-this year, I have already warned about the risks of pepe.
Although it has recently broken through the historical high again, making many people think that a new market is about to start, in my opinion, this round of new highs means greater risks.
Because from the overall market, the rise of pepe has become smaller and smaller, and the bullish force is gradually weakening.
At the same time, the volume has also shown a divergence. Although the price continues to break new highs, the funds entering the market are decreasing.
These are strong signals of inducing more, indicating that large funds are leaving the market.
The rise of pepe is more driven by emotional retail investors, rather than real market forces.
This also explains why the overall performance of the meme series has been weak recently, because pepe, as a weather vane of this sector, has revealed signs of large funds fleeing.
Those small currencies lack the support of funds and are difficult to achieve an increase.
Fake currency focus: DOGE WIF SUI BONK XRP
For the next layout direction, I will lead the fan group to target the profit opportunities of the altcoins, especially those projects with great potential. It is quite easy to double the money.
Don't be a headless fly and bump around everywhere. I hope to earn several times the profit in the bull market and ambush the interest rate cut next month. I will escort you all the way, so that you can get on the bus easily and enjoy the bull market dividends together!
