Industry insiders: The issuance threshold for "meme coins" is extremely low, and most of them lack technical support
According to online reports, recently, Manus, which was called "the world's first universal agent product" by its publisher, quickly "went out of the circle" and its popularity spread rapidly. The invitation code was once fired to tens of thousands of yuan. With the explosion of Manus, a number of Manus tokens of the same name also appeared in the cryptocurrency market. Their prices rose and fell in a short period of time. Some tokens of the same name rose by more than 900%, and some fell in just 3 hours. After falling 95%, the price almost returned to zero. Ji Yichao, co-founder and chief scientist of Manus, immediately clarified that Manus had never participated in a cryptocurrency project, token issuance or blockchain project. Some industry insiders told reporters that the issuance threshold for "meme coins" is also extremely low."There are now many platforms for one-click issuance of coins." Zhao Wei, a senior researcher at the OKX Research Institute, told reporters that the vast majority of meme coins lack technical support and community foundation, and eventually lose liquidity due to insufficient market recognition. Such meme coins that rely on short-term speculation have extremely low survival rates and extremely high investment risks. (Every Jingwang)
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