In the early stages of the Bull Market, altcoins always lag behind. The meme outbreak is partly a narrative hot spot and partly to attract new suckers into the market. The purpose of valuable altcoins is actually to harvest retail investors, so memes make money quickly. In short, they will be harvested, so most people choose memes. However, after the first wave of memes, the market will experience a pullback. When greed turns into fear, valuable altcoins may slowly start to gain momentum.

MEME1.65%
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