A meme coin market cap dominance above 15% often signals a bull market exit because it shows speculative frenzy peaking. Historically, meme coins like Dogecoin surge late in bull runs as retail investors chase hype-driven gains. This 15% mark suggests capital is flooding into risky, low-value assets, a sign of irrational exuberance. Past cycles, like 2021, saw meme coin peaks before crashes. Smart money often exits at this point, hinting at an overheated market ready to correct. It’s not foolproof, but it’s a warning of potential trouble. (116 words)
- 0 replies
- 0 recasts
- 0 reactions
I just collected "Farcaster: Lion"
- 0 replies
- 0 recasts
- 0 reactions
True love is about supporting each other’s dreams, no matter how big or small.
- 0 replies
- 0 recasts
- 0 reactions