Since February this year, many new friends have poured into the meme coin market. Perhaps after witnessing the surge in pepe and the subsequent frenzy of the pre-sale of bome, they mistakenly regarded short-term large positions and the pursuit of huge profits as the norm of meme coin investment. However, they lack sufficient understanding of the violent fluctuations and reversals in the meme coin market.

Looking back, we can see some vivid examples:

After $PEPE landed on Binance in May last year, its market value once soared to 1.6 billion, but then plummeted 85% in the following months. It was not until February of this year that it ushered in a violent reversal, with its market value soaring to 7 billion.

The Harry Potter-themed $BITCOIN experienced a tragic drop from 8 million to 700,000 last year, a drop of more than 90%. However, it then turned on the reversal mode, with its market value rising to 250 million at its highest, and currently stabilizing around 100 million.

The trend of $MOG is equally thrilling. Last year, it fell from a high of 25 million to 3 million, then rose back to 35 million, and then fell again to 7 million. It was not until this year that it ushered in a real violent reversal, and its market value once approached 700 million.

$JOE's experience is also regrettable. Last year, it plummeted from a high of 35 million to 600,000, a drop of more than 95%. This year, although it once rose back to 40 million, it has now fallen back to between 15 million and 20 million.

These examples tell us that buying and singing all the way, and easily making hundreds and thousands of times of money forever are just other people's wealth myths. In the meme coin market, there is no anesthetic decline of altcoins and VC coins, nor is there a hundred times or thousands of times of profit that can be obtained without experiencing a short-term 90% plunge, countless dog-blood fuds and zero risk. If you pursue such returns, then you can only pray that you are the son of God. But the reality is cruel, and investment requires rationality, patience and risk management. #热门趋势 #热点话题 #meme板块关注热点

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