The newly launched VC coins have absorbed about 55% of stablecoins, but these stablecoins are generally in a state of continuous decline, mainly sold by airdrop participants and market makers.
Although the overall market value of new meme coins is not large, the rapid increase in their number has greatly absorbed the liquidity of the market.
The problem now becomes very simple: retail funds have dried up, and most people are no longer profitable, so who will take over the role of the market's receiver?
At present, where is the money that has the ability to buy unlimited Bitcoin within the range of $61,000? When will the VC coin traders dare to launch a pull-up action, and can their pull-ups be profitable?
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