MUBARAK Token Release Enters Coinmarketcap Ranking 255

[Mr. Magkaisa]

      -     It seems like it will drop more around 0.04$, maybe I'll wait for it to drop below 0.01 to 0.004$, if that happens, maybe I'll try to buy it, because these are meme coins, so I don't want to buy right now, as the momentum it's showing is still in the hype.

Then we know that with meme coins, when they just start listing on top exchanges, it doesn't mean that their price will immediately go straight to the market, and of course that's not the case, in which the usual things happen, right? It has a sharp price drop first before pumping heavily.

[Bobcrypto]

These are all tokens for making money on hype. Soon, most cryptocurrencies will leave the market due to lack of demand.

Yes, it very obvious that most traders/investors are attracted by the hype and speculation of these newly listed meme coins. No matter the advice on social networks and news platforms about the denger of meme coins pumps and dump scheme, many investors, especially the newbies will still fall on the trap.
Again, majority of the new listed meme coin this days has failed based on the expectation of the crypto community which also will affects the demands, and will end up scrash uncontrollably. 

[Mr. Magkaisa]

These are all tokens for making money on hype. Soon, most cryptocurrencies will leave the market due to lack of demand.

Yes, it very obvious that most traders/investors are attracted by the hype and speculation of these newly listed meme coins. No matter the advice on social networks and news platforms about the denger of meme coins pumps and dump scheme, many investors, especially the newbies will still fall on the trap.
Again, majority of the new listed meme coin this days has failed based on the expectation of the crypto community which also will affects the demands, and will end up scrash uncontrollably.

      -     But if you look at its chart on the exchange using the 4hr timeframe it is forming a cup in which it is in a short consolidation, which if I am reading it correctly then in a few days from now its price could rise again in my perception analysis.

However if it breaks the support of 0.0366$ it could fall to 0.01$ and when this happens I can still start to dca here because it could bounce
here again for short trade activity.

[yohananaomi]

These are all tokens for making money on hype. Soon, most cryptocurrencies will leave the market due to lack of demand.

Yes, it very obvious that most traders/investors are attracted by the hype and speculation of these newly listed meme coins. No matter the advice on social networks and news platforms about the denger of meme coins pumps and dump scheme, many investors, especially the newbies will still fall on the trap.
Again, majority of the new listed meme coin this days has failed based on the expectation of the crypto community which also will affects the demands, and will end up scrash uncontrollably.

      -     But if you look at its chart on the exchange using the 4hr timeframe it is forming a cup in which it is in a short consolidation, which if I am reading it correctly then in a few days from now its price could rise again in my perception analysis.

However if it breaks the support of 0.0366$ it could fall to 0.01$ and when this happens I can still start to dca here because it could bounce
here again for short trade activity.

if what you analyze is something that can be believed, of course, don't miss the opportunity to be able to gain the profit that you can receive because sometimes that opportunity cannot be repeated.
if you are sure that with dca you can receive profit, then do it immediately because such things cannot be predicted and could change because in my opinion meme coins are very vulnerable to movements that we don't want.