When buying in at over 1.7 million for $1, friends playing with Shiba Inu (memecoin) in the second phase on BSC should pay attention to screening, and try to choose those that haven't 'died out' yet and are not purely relying on news hype.
Although this wave has brought liquidity back to BSC, many new coins can reach a market cap of over a million at their ATH, but in reality, most are just a temporary surge, rising quickly and then continuously declining. For example, the 20x $BUBBLE I had the day before yesterday and the #300 million users from last night only lasted a few hours before continuously hitting new lows. Concepts relying on news hype come quickly and leave just as fast.
So it's best to choose non-news concepts with sustained expectations for the second phase, like $1, which is tied to the top sister concept. As long as the top sister remains the leading figure on Binance, it has a chance to reach new highs again. From the trend, the 1-hour candlestick shows signs of bottoming, and the daily chart is also starting to rise, indicating that the first wave of washing out should be over, and it has already stabilized with a market cap of over a million. Relatively speaking, it is somewhat more stable. #ETH走势分析
