I took a look at the price movement of a certain political figure’s concept token, and its price has almost gone to zero. Some people have stocked up and plan to hold for a few months to observe—after all, similar tokens have previously surged from just a few cents to highs of $2-3.
These kinds of tokens mainly rely on consensus-driven hype, and the celebrity effect can indeed bring a wave of attention. Theoretically, with a small amount of capital, $100 could multiply dozens or even hundreds of times? But it could also go straight to zero—meme coins are just that extreme.
If you want to play, remember: only invest what you can afford to lose, don’t go all in dreaming of getting rich overnight.
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I took a look at the price movement of a certain political figure’s concept token, and its price has almost gone to zero. Some people have stocked up and plan to hold for a few months to observe—after all, similar tokens have previously surged from just a few cents to highs of $2-3.
These kinds of tokens mainly rely on consensus-driven hype, and the celebrity effect can indeed bring a wave of attention. Theoretically, with a small amount of capital, $100 could multiply dozens or even hundreds of times? But it could also go straight to zero—meme coins are just that extreme.
If you want to play, remember: only invest what you can afford to lose, don’t go all in dreaming of getting rich overnight.