Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
. This kind of movement is common for Meme coins:
- Price is dominated by “controlled funds,” and after a rapid rise, it usually involves quick sell-offs and withdrawals;
- Lacks fundamental support, and after hype subsides, the price can shrink significantly or even approach zero.
3. Market enthusiasm is unsustainable
The hype around Meme coins is highly time-sensitive. Tokens like “I'm coming, damn it,” which rely on puns and wordplay for hype, tend to cool off quickly, and there is a lack of ongoing motivation to attract funds.
In summary, this token does not have long-term growth potential. Its current volatility is just short-term speculation, and in the long run, its value will continue to decline.