Cryptocurrency Trader Turns $27 Million Into $52 Million With Smart Investment In #memecoin #pepecoin🐸
Despite having no intrinsic value, memecoins have created many new millionaires in the cryptocurrency market recently.
Memecoins such as $PEPE E and $DOGE E reflect the frustration of the younger generation with the traditional financial system, says Bybit’s Hao Yang. According to him, this phenomenon is comparable to the impact of punk rock, representing the disillusionment of young investors. Despite their popularity, extreme volatility is evident: during the $1.7 billion sell-off on December 10, some of the top memecoins led the biggest losses. $PEPE #