Why is the MEME sector so depressed? What conditions are needed to stimulate the growth of the meme sector?
Recently, many friends have come to ask me this question, saying why the meme sector has fallen so hard. When rebounding, other currencies have a small rebound, but many currencies in the meme sector have not increased but fallen.
First of all, meme currency is also meme coin. As we all know, meme coin is based on popularity. When the meme sector is popular, it will be pulled up.
Any sector will be washed. AI has been washed, meme coins have also been washed, and the washing of the meme sector has even lasted for two years. The strength of meme this time is ultimately due to the changes in the hype method and retail investor trends. Most retail investors will not buy too many memes, or they will not get such a high multiple if they buy. This is the reason why meme can continue to rise, so if you want to make more money, you have to buy away from crowded places.
If you are stuck buying meme coins, you can hold on to them if you don’t want to sell them. You can sell them later when there are suitable stocks to keep up with the new layout. $MEME $PEPE $FLOKI