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In the cryptocurrency market, whenever Bitcoin enters a stagnation period, we can always observe an interesting phenomenon: MEME coins often demonstrate incredible activity first. Today's 24-hour rise and fall leaderboard clearly reflects this trend, with almost all of the top-ranked being MEME coins.



Behind this phenomenon lies its unique reasons. MEME coins typically do not have strong project teams controlling them, which makes their market behavior more free and unpredictable. Some small MEME coins can significantly raise their prices with just a few million dollars in funding, while well-known MEME coins like the cat and dog series can trigger significant price fluctuations with only a few tens of millions of dollars.

This flexibility mainly stems from the relatively small market scale of MEME currency. Taking some well-known MEME currencies as examples, their 24-hour trading volume is usually only around 200 million USD. This means that compared to other mainstream encryption currencies, a smaller capital inflow can have a greater impact on the price of MEME currency.

However, investors need to treat this characteristic of MEME coins with caution. While they may perform well during market downturns, they also carry high risks. The price fluctuations of MEME coins are often more intense, lacking stable fundamental support, so investment decisions should be made with extra caution.

Overall, MEME coins play a unique role in the cryptocurrency ecosystem, and their behavioral patterns provide us with another perspective to observe market sentiment and capital flow. Whether investors or market analysts, everyone should closely monitor the underlying reasons behind this phenomenon and its potential impact on the entire cryptocurrency market.
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ZKProofEnthusiastvip
· 07-17 21:55
Playing with coins is a sure way to die.
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SnapshotLaborervip
· 07-17 04:50
meme is just a play-to-earn Wallet
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PrivacyMaximalistvip
· 07-17 04:49
Copy trading without thinking is a trap.
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PessimisticOraclevip
· 07-17 04:49
Another wave of suckers being played for suckers.
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StableNomadvip
· 07-17 04:38
The suckers' winter has arrived.
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ClassicDumpstervip
· 07-17 04:37
The suckers' nightmare has arrived.
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rugdoc.ethvip
· 07-17 04:33
Running away after playing makes the most money.
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DefiPlaybookvip
· 07-17 04:30
Easy to Get Liquidated and Double
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