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Don't remind me again today

The Monad chain Meme coin has collectively cooled down, with CHO market capitalization shrinking by over 70%.

The Meme craze on the Monad chain seems to be cooling down. Those projects that once were all the rage are now experiencing significant reductions in market capitalization.

Take CHOG, the first project with a market capitalization exceeding ten million dollars on-chain, for example; it has now fallen to less than three million dollars. What's even more exaggerated is that, besides the top two in the market capitalization list, other projects have basically shrunk to below three hundred thousand dollars. This round of correction is indeed significant.

However, there are always exceptions in the market. Today, moncock experienced a completely opposite trend - it surged 350% in 24 hours, with a market capitalization reaching 1.2 million USD and a unit price of about 0.0012 USD. It is now the second-ranked Meme coin by market capitalization on the Monad chain.

But to be honest, Meme coins are too volatile. Most projects are supported by emotions and concepts, with no real application scenarios. If you want to play, you need to weigh the risks yourself.

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RektDetectivevip
· 7h ago
CHOG has dropped like this, it's really incredible. Is anyone still buying the dip at the bottom? --- moncock's pump this time is outrageous, it feels like someone is going to get trapped again. --- That's how it is with Meme coins, when they rise, everyone is a genius; when they fall, everyone is a victim. --- Except for the top two, the rest have shrunk to below 300k, this is the fate of Meme. --- A 350% rise sounds great, but the next one to get smashed will be it. --- To put it bluntly, it's just gambling, only the name has changed to investment. --- CHOG has dropped from tens of millions to three million, how many people must have gotten liquidated? --- moncock should be careful, such high heat usually doesn't end well. --- There are always dumb buyers in the market, this is the ecosystem of Meme coins. --- Playing after such a sharp fall, the risk awareness is really strong.
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PoolJumpervip
· 7h ago
CHOG dropped from ten million to three million, this wave is really tragic, but why can moncock rise by 350%? This is really outrageous. Meme coins are just an emotional game, today's big pump might be gone tomorrow, playing still depends on psychological endurance. This is the truth of Monad, once the heat passes, they start crazily playing people for suckers. Why does the rise of moncock feel a bit strange? Let's monitor if there's any manipulation. To put it bluntly, CHOG's fate is the same as most meme coins: if there's no dumb buyer, it's dead. In fact, apart from speculation, it really has no value, but you'll still find that there are always people rushing in. In such a market, it seems like those who go in now are all tough guys, or should we say gamblers. moncock is indeed outrageous; could this be another story of a dumb buyer? These coins on Monad really can just fall over with a gust of wind, no fundamental strength.
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Anon32942vip
· 7h ago
CHOG has fallen like this, it should have been anticipated, it's a meme coin after all. moncock's rise this time is a bit fierce, but if you take the opposite position and dump, you'll be crying. The essence of meme coins is gambling, just don't throw your living expenses into it. Those that can rebound after this big dump indicate that there are still people buying at the bottom. Market capitalization shrunk by 70%? Laughing to death, some projects have dropped to zero and you haven't seen it.
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FortuneTeller42vip
· 8h ago
CHOG fell from 10 million to 3 million, this is the fate of Meme coins. Why can moncock rise by 350%, who is catching the falling knife this time? To put it bluntly, it's just a game of passing the buck, a game of heart-pounding. Meme coins, it's time to give up hope. Another emotional play, without actual application it's just a paper tiger.
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