#Meme Coin THE Surge Over 90% Then Quickly Retraces $THE
{future}(THEUSDT)
🚨 THE Meme Coin: Surged 90% Then Quickly Plunged (2026-03-15, Binance/On-chain)

I. Market Overview (24h)

- Highest: $0.000189 USDT (Increase +91%)
- Current Price: $0.000102 USDT (Retracement -46%)
- 24h Trading Volume: 128 million USDT, Turnover Rate 312%
- Market Capitalization: Approximately 10.2 million USDT (Circulating 10 billion coins)

II. Reasons for the Surge (Purely Emotion Driven)

1. Community FOMO Eruption: X/TikTok Viral Spread, “THE” Minimalist Symbol + “Everything Can Be THE” Narrative Going Viral
2. Whales Pumping + Contracts Opening Long: Early Addresses Concentrated Buying, Perpetual Contract Funding Rate Temporarily Spiked to **+0.8%**, Leveraged Funds Accelerating Upward
3. Meme Sector Sentiment Warms Up: DOGE/PEPE Slightly Rebounds, Funds Flowing into Low Market Cap New Meme Targets

III. Core Reasons for Rapid Retracement

1. Profit-Taking Concentrated Selling: Early Whales Selling in Bulk in the **+80%–90%** Range, Selling Pressure Instantaneously Breaking Through Buy Orders
2. Contract Long Liquidations Triggering: Price Plunging Triggered **3000+** Long Liquidations, Forming “Decline → Liquidation → Further Decline” Cycle
3. Narrative Lacks Fundamental Support: No Technology, No Application, No Team Endorsement, Purely Emotionally Driven Speculation, Hype Quickly Fades Within 1 Hour
4. Overall Market Weakness Dragging: BTC/ETH Declining in Sync, Market Risk Appetite Cooling

IV. On-chain and Trading Signals (Key)

- Chips: Top 10 Addresses Hold 62%, Highly Controlled, Extremely High Selling Risk
- Liquidation: 24h Long Liquidations 12.8 million USDT, Bears Short-Term Dominating
- Funds: Funding Rate Turned Negative, Bulls Paying Bears, Selling Pressure Not Released

V. Risks and Operational Tips (Must Read)

- Extremely High Risk: Meme Coins Have No Value Support, Daily Volatility Often Exceeds 100%, Easily Going to Zero
- No High-Following: Currently in a Retracement Phase, No Stabilization Signals, Do Not Bottom Fish
- Position Discipline: If Participating, Position ≤1%, Set Stop Loss Below **$0.00009**, Quick In and Out
- Stay Away from Contracts: High Leverage + High Volatility, 90% Probability of Liquidation