Did Memecoins crash?! Behind the evaporation of 40 billion dollars, the rules of capital games have changed!

In December, the Memecoin market staged a roller coaster drama: the market value plummeted from a peak of 137 billion dollars to 92 billion dollars, a 30% drop shattered the dreams of speculators. Star coins like Pepe instantly lost their luster, and the 'wealth code' for retail investors became the rich spoils of capital.

Looking back at the battlefield:

The myth of Pepe came true and then shattered: surging 18 times from the beginning of the year to the peak, but crashing down in December. Savvy traders made a fortune, selling off for over 52 million dollars in profit in one go.

Platform effects could not withstand the market winter: Binance and Coinbase listed to grab traffic, but the direction of capital had already changed, and the popularity of Memecoins ultimately could not withstand the reality of the bear market.

The frenzy of Memecoins is merely a reflection of market sentiment; its essence is still a game of hot potato. In 2024, relying solely on 'memes' will not change destiny; real capital is the weapon to change trends!

Gaining insight into market rhythms is the beginning of mastering wealth! Stay close to Lao Tan, plan ahead, and let the next peak belong to your account! Follow Lao Tan, and never let opportunities slip away!