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Industry insiders: The threshold for issuance of "meme coins" is extremely low, and most of them lack technical support.
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3 hours ago 4,784
According to Golden Finance, recently, Manus, known as the "world's first universal intelligent product", was quickly "out of the circle", and its popularity spread rapidly, and the invitation code was once speculated to tens of thousands of yuan. With the popularity of Manus, a number of Manus tokens of the same name appeared in the cryptocurrency market. Their prices rose sharply and fell sharply in a short period of time. Some of the tokens of the same name rose by more than 900%, and some of them fell by 95% in just 3 hours and prices almost returned to zero. Ji Yichao, co-founder and chief scientist of Manus, immediately clarified that Manus has never participated in cryptocurrency projects, token issuance or blockchain initiatives. An industry insider told reporters that the issuance threshold of "meme coins" is also extremely low. "Now there are many platforms for issuing coins with one click." Zhao Wei, a senior researcher at OKX Research Institute, told reporters that most meme coins lack technical support and community foundation, and eventually lose liquidity due to insufficient market recognition. This type of meme coins that rely on short-term speculation have extremely low survival rates and extremely high investment risks. (Meijing.com)
Keywords: Bitcoin
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