I think a lot of u guys are holding memecoins that will genuinely never see their ATH again
Not because the market is rigged or we’re waiting for the bull run
The entire reason anyone cared about ur coin in the first place is gone
Some random animal went viral. A celebrity tweeted. Something happened in the news
Everyone bought it.. everyone moved on
And now ur sitting there waiting for the exact same people to get excited about the exact same thing again
Lol
This is why I think community coins are so interesting
Most memecoins exist because something got attention
The strongest community coins get attention because they exist
Read that again
One needs the internet to give it another moment. The other has people going out every day trying to create one
Obviously doesn’t mean every community is worth buying
If ur telegram is 400 unemployed guys posting diamond hands while nobody new is showing up, that’s not a community advantage. That’s group therapy
But if people are consistently bringing in new holders and finding ways to make the coin relevant.. that’s a completely different situation
Especially after a 70% drawdown when everyone who was just there for the trade has already left
Anyways. Some coins are down 90% because they’re being overlooked
Others are down 90% because there’s literally nothing left to look at
And a lot of u seem to think those are the same thing
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