Trader Ansem: Meme coins only account for 2.5% of the total market value of cryptocurrencies, there is still potential for growth
ChainCatcher news, renowned trader Ansem posted on platform X saying: "The overall flow of funds into Meme coins is insufficient (50 billion USD out of a 2.2 trillion USD market cap, accounting for 2.5%), and they are gradually gaining momentum.
The best trades in the next four months will determine which Meme coins have the following characteristics:
Long accumulation period;
Loyal community on X;
Easily relatable to ordinary people."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mitsubishi UFJ: If non-farm payroll data worsens, dollar selling may accelerate until the end of the year
Elon Musk's wealth hits a new high, with his net worth surpassing $600 billion for the first time
Bank of America Report: With Crypto Regulation Taking Shape, Banks Are Accelerating Toward an On-Chain Future
Nasdaq plans to extend stock and trading product hours to 23 hours