What are your thoughts on the memecoin market presently, cause I believe most traders here must have been on a cool profit making with current market trend.. as we are still hoping to see more price surge from these coins by next week.
I have not seen any meme coin launched this year that is so influencing like Donald Trump and his wife Melanin meme coins and yet people rush in to buy. The Trump meme coin caught everyone by surprised and the coin made some people money, atleast people that are awake to buy the coin but guess what? People that loss money later are more than people that gain.
Melanin coin was the worst and it was the reason why people lost money in Trump after everyone dump to buy Melanin and now the two of them are down yet you think people are making money from meme coins, wish anyone who want to try food luck.
Actually, the Donald Trump and Melenia meme coins was one of the most meme coins frenzy of all time, those that were lucky to enter the market earlier made good returns especially the day traders
I heard late information about Trump meme coins very later, it had already hit $73k, and base on my strategic trading plans, I don't enter a trader at the top of resistance prices level.
Trump meme made huge hypes and was very volitile, unfortunately many newbies investors lost because of inexperienced. In facts, newbies takes positions any how, no knowledge, no experience, they jump into the market with hypes. It was unfortunate that Trump meme had to dump so heavily.