Scenario 1: The tokens may continue pumping due to high trading volume and rumors of Elon Musk's involvement. However, this outcome is less likely.
Scenario 2: A potential rug pull.
These are meme coins launched on Solana with no substantial long-term use case.
Many holders bought in at low prices and could start taking profits, triggering a sharp decline.
Like other meme projects, they risk losing value over time.
Caution: Trade carefully, especially on margin or leverage. Set a stop-loss below the high-timeframe support to minimize risk.
Personally, I hold these tokens on spot but have already taken 70% of my profits. They’re ideal for short-term scalping due to their high volatility.