$I’m here, damn it. I took a look at this coin—it’s a typical pattern of a sudden surge that draws attention, followed by a long period of base-building.



Earlier, it spiked to around 0.022, attracting a large amount of capital in a short time, but then it kept sliding all the way down, with the hype gradually fading. Currently, the price has been ranging at low levels for a long time. After a few months of digestion, the market has moved from the frantic speculation phase into a consolidation phase.

The biggest feature of this kind of meme coin is: when nobody’s talking about it, it’s easiest to create an expectation gap.

From the current market structure, the price hasn’t continued to break down significantly. There’s some support at the low end, suggesting that sell pressure isn’t as concentrated as in the earlier period. If market sentiment warms up later and the meme sector restarts, these low-market-cap coins’ upside elasticity is often amplified.

Of course, the biggest risk with meme coins is that the hype doesn’t last. If there’s no money paying attention, it’s likely to keep grinding. So the key isn’t how much it already pumped in the past—it’s whether there’s a new narrative and whether new capital will come in afterward.

Why Lao Lin is watching this coin
First, the earlier bubble has already been fully flushed out.
Second, the low-level supply has been settled for long enough.
Third, once the meme cycle returns, small-cap coins tend to show excessive volatility.

Now the market isn’t mentioning it, but opportunities often simmer when nobody’s paying attention. $I’m here, damn it. Lao Lin will add it to the watchlist first, and wait for the wind to come back. 🚀
#PreIPOs第二期OpenAI认购 #盘前合约上线长鑫存储
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned