gongyan (gongyanqilin)

**Analysis of BASE Meme Coin Market Trends** The yellow line represents the number of active, non-strongly correlated wallets, indicating market activity. The blue line represents the number of profitable coins, and the orange line represents the average return of all profitable coins.

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Since April, I have been conducting BASE chain sweeps, participating in new coin alerts, and organizing data. Currently, we are seeing two consecutive days of overall growth, but the sustainability is noticeably lacking. The buying pressure is weak, and the gains cannot be maintained.

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Market momentum is a process of dissemination: the first wave of early adopters calls in the second wave, and after several such waves, the demand reaches a point where the coin can be sold at a good price. **Waiting for incremental markets!**

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This is a new art form

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