Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#Strategy加仓BTC BSC Chain Meme Coins Skyrocket Overnight—The Truth Behind the 1200x Rally
Recently, the BSC ecosystem has been buzzing intensely. A Meme coin surged over 1200 times in a short period, with its market cap soaring to nearly $9 million. Sounds crazy, right? But now the price has fallen back to around $6.7 million, and this contrast is quite shocking.
Why does this happen? Simply put, Meme coins thrive on emotions. As long as market sentiment is high and capital floods in, prices can soar; once the trend shifts, funds exit quickly, causing prices to fall faster than they rose. Behind these extreme fluctuations, low liquidity combined with short-term speculation is usually the culprit.
The real risk here: when a small coin becomes a hot topic, short-term capital flows can be extremely volatile. Everyone wants to make a quick profit when entering, but when the market cools down, everyone rushes out simultaneously, leading to a stampede. High volatility = high returns? Not necessarily. More often, high volatility is a synonym for high risk.
$BTC $ETH $SOL These mainstream coins perform relatively steadily, but for Meme projects on BSC, you must be clear before entering—can your psychological resilience withstand such extreme fluctuations? There are always opportunities in the market, but the chance of losing money can come even faster.