On Binance, several meme coins, such as goat, moodeng, pnut, and act, have fallen by about 70% from their highs. Even if they may continue to fall, the room for decline is already very limited. In this case, buying in batches at low prices and holding for a period of time is likely to yield gains.

This is the characteristic of meme coins. They are extremely fierce when they pull up, and they are also extraordinary when they fall. This is a typical example of "the bold die of overeating, and the timid die of starvation."