DWF Labs Associates: meme coins popular and likely to rise in a market downturn
DWF Labs co-creator Andrei Grachev posted on the X platform that when the market is down, something is definitely going up, and paper hands sell what they have and try to recover/catch their luck. That's why meme's are especially popular in flat/depressed markets, where something always goes up and people can gamble on it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 1.6181 million LINK transferred from an anonymous address, worth approximately $23.84 million
Machi Big Brother's ETH long position is worth $25 million, with unrealized profits exceeding $1.59 million.
The "1011 Insider Whale" deposited 40 million USDC as margin and placed orders planning to buy ETH.