Meme coins on the BSC chain collectively plummeted yesterday. The decline within a single day generally exceeded 20%, and some popular targets were even cut in half.
This situation is actually quite common. The characteristics of Meme coins are fierce volatility and concentrated risk — small amounts of funds can indeed leverage large returns, but conversely, losses can also be rapid. Using small funds to chase big gains sounds tempting, but the reality is often straight-line losses.
As soon as the news of non-farm payroll data falling below expectations was released, market sentiment began to fluctuate. BTC also adjusted accordingly, and at this point, retail investors holding Meme coins are basically the bagholders. Want to double your wealth through Meme coins? First, you must accept the risk that it could wipe you out overnight.
The crypto market is always: high returns inevitably come with high risks. No exceptions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
PuzzledScholar
· 01-14 09:08
Another day, another batch of people getting wrecked. This is the daily life of meme coins.
Yesterday's plunge really leaves nothing to say; I knew it would happen.
As soon as the non-farm payrolls data was released, it was game over. Those retail investors all-in on meme coins are really gambling.
Going to zero overnight is not a dream, it's a reality.
View OriginalReply0
CoffeeOnChain
· 01-13 10:11
Here we go again. Every time macro data fluctuates, memes get hit directly. My small HODL has already run away, and I dodged a bullet this time.
View OriginalReply0
GasGuzzler
· 01-12 08:55
It dropped again and again, I couldn't catch it this time, brothers.
View OriginalReply0
LiquidityWitch
· 01-12 08:54
the liquidity just evaporated like some cursed ritual gone wrong... meme coins bleeding out their essence the moment the macro gods sneeze. tbh saw this coming from the dark pools ngl
Reply0
SighingCashier
· 01-12 08:43
Once again, I got cut again, and this time I really didn't escape...
Meme coins are like this: when you make money, it's exhilarating; when you lose money, it drops to zero instantly.
Honestly, it's all because of greed.
View OriginalReply0
NFT_Therapy_Group
· 01-12 08:38
Here it comes again, this is the fate of meme coins. Before entering, everyone hopes to double their money, but by the time they exit, it's already zero.
View OriginalReply0
NotFinancialAdvice
· 01-12 08:37
Damn, another round of losses. This is the fate of playing with meme coins.
---
Always saying this time is different, but it still results in heavy losses.
---
As soon as the non-farm payroll data is released, retail investors all get sacrificed. How many times has this script been played out?
---
Zeroing out risk? We've been used to it long ago, haha.
---
Doubling small funds? Sounds great, but in reality, it’s faster to go to zero.
---
That pile of trash coins on BSC should have been cleared long ago. One round of losses, then another.
---
I’m the sucker who takes the hit, no problem.
---
High risk, high reward? No, only high risk and losing money.
---
Here we go again. Who hasn’t been scammed by meme coins?
Meme coins on the BSC chain collectively plummeted yesterday. The decline within a single day generally exceeded 20%, and some popular targets were even cut in half.
This situation is actually quite common. The characteristics of Meme coins are fierce volatility and concentrated risk — small amounts of funds can indeed leverage large returns, but conversely, losses can also be rapid. Using small funds to chase big gains sounds tempting, but the reality is often straight-line losses.
As soon as the news of non-farm payroll data falling below expectations was released, market sentiment began to fluctuate. BTC also adjusted accordingly, and at this point, retail investors holding Meme coins are basically the bagholders. Want to double your wealth through Meme coins? First, you must accept the risk that it could wipe you out overnight.
The crypto market is always: high returns inevitably come with high risks. No exceptions.