To be honest, the recent hype around Meme coins has risen again, and you can see how crazy it is just by looking at the data.
In November, Dogecoin's monthly trading volume surged to $1.53 billion, while Shiba Inu reached $128.3 million, and even Pepe skyrocketed to $318.1 million. What's more exciting is that the first Dogecoin spot ETF was actually launched in the U.S., and the issuer pulled a slick move — early investors were exempt from management fees. Can you believe it?
New projects are also wildly attracting capital. There is a presale coin called Noomez, which has increased in price from $0.0000187 to $0.0000230, and it is now in its fifth round, with 184 addresses having invested $41,600. Established Meme coins like Bonk, Pepe, and those coins riding on political trends are still dominating the trending topics.
By analyzing historical data, a pattern can be found: the cryptocurrency market usually performs stronger in the fourth quarter, especially in November and December, when the trading activity of Meme coins often surges.
That said, this thing is ridiculously risky. Many times it's not about how great the technology is, but whether the community is active and the memes are popular enough. No matter how beautifully the code is written, if no one plays it, it will still flop. If you're thinking about getting in, weigh it carefully.
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TokenomicsPolice
· 11-27 17:59
It's that season again to Be Played for Suckers, and this time we're riding the coattails of the Dogecoin ETF, how wonderful!
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MetaverseLandlord
· 11-26 22:17
It's another Meme coin relay race. Can it last until the end of the year?
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SnapshotBot
· 11-25 15:54
Here comes the same old play people for suckers routine again, it's crazy every year, when will the big pump curse in the 4th quarter be broken?
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ForkThisDAO
· 11-25 15:53
With the launch of the DOGE Spot ETF, institutions are starting to play with shitcoins too, it's hilarious... Is this market really about to reverse?
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ImpermanentLossEnjoyer
· 11-25 15:53
Really, it's that same trap again. No matter how strong the technology is, if there's no popularity, it will still cool down. I've seen this enough times here.
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ponzi_poet
· 11-25 15:46
It's the same old story again. The data may look good, but it's all built on the blood and sweat of retail investors.
No management fees? Ha, that's just baiting, those who got in early have already doubled their money and pulled out.
Meme coins are just a casino; once the meme dies, the coin dies too. Don't keep staring at those numbers all day.
Wait a minute, Noomez raised only over forty thousand in five rounds of financing? That must be rough.
If you really want to play, fine, just treat it as a way to spend three to five hundred bucks, but don't go bankrupt.
This wave of hype at the end of the quarter is very hollow; it'll explode again by the end of the year.
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FlashLoanPrince
· 11-25 15:31
DOGE volume is skyrocketing, this wave of memes is indeed going crazy, but the risks are really high.
To be honest, the recent hype around Meme coins has risen again, and you can see how crazy it is just by looking at the data.
In November, Dogecoin's monthly trading volume surged to $1.53 billion, while Shiba Inu reached $128.3 million, and even Pepe skyrocketed to $318.1 million. What's more exciting is that the first Dogecoin spot ETF was actually launched in the U.S., and the issuer pulled a slick move — early investors were exempt from management fees. Can you believe it?
New projects are also wildly attracting capital. There is a presale coin called Noomez, which has increased in price from $0.0000187 to $0.0000230, and it is now in its fifth round, with 184 addresses having invested $41,600. Established Meme coins like Bonk, Pepe, and those coins riding on political trends are still dominating the trending topics.
By analyzing historical data, a pattern can be found: the cryptocurrency market usually performs stronger in the fourth quarter, especially in November and December, when the trading activity of Meme coins often surges.
That said, this thing is ridiculously risky. Many times it's not about how great the technology is, but whether the community is active and the memes are popular enough. No matter how beautifully the code is written, if no one plays it, it will still flop. If you're thinking about getting in, weigh it carefully.