Why buy meme coins
Why did A16 executives complain to the SEC about meme coins
Because no one is taking over the coins invested by these institutions
The current new coin shipments have invented a new routine
That is, the initial circulation of the coin is controlled very small when it is listed. Generally, 1% to 10% of the coins are unlocked, and then shipped through unlocking. The unlocked coins are often huge
The most classic example is arb. The coin price has not changed, but the market value has doubled. It’s not that this coin has not risen, but that the money has been earned by the coins unlocked by the institutions
There is also wld. The total amount of this coin is 10 billion, and the initial circulation is only 100 million, which is about 1%. But now the total amount of this coin unlocked has reached 200 million, which means that the price of wld should be around 8u, but now it has been reduced by half
The new coins listed recently are basically all such a routine. This is also one of the reasons why there are no hundred-fold or thousand-fold coins in this bull market
But meme has risen very well in this bull market. Why? Because meme coins are fully circulated, not unlocked, and there is no selling pressure from the project party. Everyone is on the same starting line
The last point is that everyone comes to the currency circle to make money I am not going to receive the tokens unlocked by the institution.
Have you received the tokens today?
