Santiment: Meme coins have seen more minor breakthroughs this week, and whale wallets will continue to push up the market value in the future
On December 8, the cryptocurrency market research institute Santiment posted charts on social media showing that several Meme coins quietly made more minor breakthroughs this weekend. For tokens like Dogecoin, Pepe, Dogwifhat and Bonk, whale wallets may continue to push up their market value for a longer period until retail investors FOMO returns. Once the crowd becomes greedy upon hearing the news, whales will sell off and prices usually adjust shortly after.
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.
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