Teacher A’s reflections on the meme currency leader:
The two strongest new memes this round: pepe and wif
In the last round of gains, pepe obviously overshadowed wif. Teacher A preferred pepe as the leader, and he only went to pepe when buying the bottom.
But after this round of decline ends:
wif fell from 3.5 to 1.95, a drop of 45%; then it rose from 1.95 to 4.65, an increase of 138%
pepe fell from 1084 to 581, which was also a 45% drop; then it rose from 581 to 840, an increase of only 45%
The reasons are as follows: wif is the leading meme of sol and is the new darling of this round, while pepe is the mem currency of eth, and the recent weakness of ether has a greater impact. Another reason is that wif is a new currency, and coins that are ten times or a hundred times in bull markets often come from new coins.
