What do you expect from a coin that has not had a weekly candle close above 30% since it was listed on Binance? Even when the BTC wave has surged since Trump won the election?
This is not a meme frog, because mentioning frogs refers to Pepe; it doesn't have any specific meme to refer to and create a trend, unless KOL mentions its name directly.
Now saving this coin can only be done through a Coinbase or Robinhood listing, while Binance has split into 5-6 wallets but still holds over 55% combined, with other exchanges holding around 20-30% more, so why would the other two jump in? To just take a profit? While the old Meme market is good and new memes are also good, one can normally earn a few hundred grand in U, why bother holding this lousy coin? Now hoping for a Coinbase listing might take until the fourth quarter of the next year. By then, anyone who entered from 27-22-18-15 or even a bit lower at 11-12 probably won't feel too bitter.
Long-term compression is what everyone is looking forward to, but money isn’t just leaves for market makers to push it up for free; now that the number of holders has increased to 6-7k in the past month, the number of people believing it will rise has also increased. Those holding a lot and spreading FUD or shilling don’t have much meaning anymore, because essentially all holders are just providing liquidity for the exchange.
Anyone playing this coin should throw in small amounts for a lottery; going all in will only lead to disaster. In general, this coin should not be longed or shorted, and no all-in; those with extra money can play, but don’t expect it to double or triple. It won’t happen.
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