Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently observing the performance of several mainstream cryptocurrencies, I found some interesting differences.
Looking back at the market trend in November 2024, Bitcoin's early rally was fierce, but it lacked momentum later on and performed quite poorly. In contrast, XRP didn't move much initially, but in the later stages, it showed the strongest upward movement. This contrast is quite worth pondering.
Now, looking at the current market, MEME-type coins are performing the most aggressively. From a technical perspective, this is actually a signal — the decline of MEME might not have been fully released yet. In other words, this stage is very likely a trap set by the big players to induce more buying.
For traders with good instincts, there are indeed opportunities to profit in this kind of volatility. But for retail investors just following the trend without understanding the rhythm, they are most likely to get caught. The game in the crypto world has always been that a few make money while the majority take the losses. This wave of MEME market is a typical example.
The recent movements of BTC, XRP, MEME, LTC, and other coins still require more observation and less impulsive action.