Recently, we have noticed that Binance has become very interested in listing meme coins, more than ever before. In other words, these are the kind of coins that start as a "joke" or "trend" on the internet, and big platforms like Binance are giving them importance.
You may be asking yourself: why all this interest in meme coins?
The answer is simple: because the liquidity and daily volume that moves in these coins is very large. In other words, a lot of people are trading in these coins now, and therefore, there is a lot of movement and opportunities.
But, as a piece of advice from me, unless you find a meme coin that has been around for a long time (a year or more) on other platforms, and its price has risen a lot (for example, it has risen X times), it is better not to take the risk and enter at that time. It is better to wait until the price drops a lot, about -90%, then it is the right time to think about buying.
More explanation:
These currencies are like memes, like waves, when they rise a lot, it is difficult to know where they will stop. People enter and buy when the trend is up, but then the price drops very quickly. To protect yourself, it is better to wait until the price drops significantly, then think about entering.#NeiroOnBinance #BinanceLaunchpoolHMSTR #TURBO/USDT #neiroth $NEIRO $TURBO