The sharp price drop of MEME coin MOO Deng did not affect this Large Investors holder.
Moo Deng, a memecoin inspired by a dwarf hippo in Thailand, has experienced rapid market capitalization rise and fall. Despite the price drop, an early buyer still holds $5 million. Liquidity issues for memecoins like Moo Deng may lead to significant fluctuations and market chaos.
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.
Reward
like
1
Repost
Share
Comment
0/400
要赚钱先学会亏钱
· 2024-10-01 17:31
What can you do without holding 5 million? This small market cap of 5 million dollars can get dumped. Maybe it can be sold for just over 100,000 dollars.
The sharp price drop of MEME coin MOO Deng did not affect this Large Investors holder.
Moo Deng, a memecoin inspired by a dwarf hippo in Thailand, has experienced rapid market capitalization rise and fall. Despite the price drop, an early buyer still holds $5 million. Liquidity issues for memecoins like Moo Deng may lead to significant fluctuations and market chaos.