Recent Chinese Meme coin communities have indeed seen significant activity. With a 193% surge in 24 hours and market cap briefly breaking through $39.66 million, currently holding steady above $37 million, this type of movement is relatively rare in the Meme sector.
Looking closely at this wave of action, it's not just the coin price moving—what does it reflect underneath? Active addresses in the community are increasing, holder consensus is strengthening, and capital continues to flow in. Put simply, it's a cohesive force from the community—cultural identity + social transmission effects, which is indeed the core logic of traffic.
However, I need to be honest: Meme coins themselves have large volatility swings, and high returns typically correspond to high risk. This type of asset is easily driven by emotion, and FOMO psychology can easily lead people to make wrong decisions. I recommend everyone manage positions properly, set stop-losses, and don't let the excitement of a surge cloud your judgment.
The key right now is whether we can maintain the current price level and further break through resistance. What are your thoughts on the subsequent movement of this wave?
Recent Chinese Meme coin communities have indeed seen significant activity. With a 193% surge in 24 hours and market cap briefly breaking through $39.66 million, currently holding steady above $37 million, this type of movement is relatively rare in the Meme sector.
Looking closely at this wave of action, it's not just the coin price moving—what does it reflect underneath? Active addresses in the community are increasing, holder consensus is strengthening, and capital continues to flow in. Put simply, it's a cohesive force from the community—cultural identity + social transmission effects, which is indeed the core logic of traffic.
However, I need to be honest: Meme coins themselves have large volatility swings, and high returns typically correspond to high risk. This type of asset is easily driven by emotion, and FOMO psychology can easily lead people to make wrong decisions. I recommend everyone manage positions properly, set stop-losses, and don't let the excitement of a surge cloud your judgment.
The key right now is whether we can maintain the current price level and further break through resistance. What are your thoughts on the subsequent movement of this wave?