Now let's talk about the catch-up mechanism of the bull market copycat.
A well-known sentence is that a certain coin will surpass Bitcoin, although it is very whimsical, but when the bull market is hyped, there is really a situation where a small market capitalization surpasses a large market capitalization token, and after exceeding, there may be a short-term top within a day, such as:
SHIB surpasses DOGE's market capitalization.
PEPE surpasses SHIB's market cap.
TRUMP's market cap exceeds PEPE.
I think this round of moodeng is obviously the market funds recognize him as the leader and rush to raise funds.
Therefore, I think the target price of the first stage should first benchmark the market value of PNUT, which is more than 400 million. Price: 0.4 This is the position where I think the first part of the Hippo must take profit.
Then there is the price near the new high, 700 million market capitalization, and the price is 0.7 At that time, it was also the position of moodeng spot on Coinbase, which was also the position of the top of the take profit.
The rest will have a bottom in the end, and if you get the big top of your imagination, you may be able to break 1?
There is always a lack of suitable market and imagination in meme. Since the market has run out of this meme, it is the right time, the right place and the right person to have all three, and the rest is left to time.
Show original
169.47K
169
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.