Meme Coin Group Crash: Liquidity Crisis and Market Contradictions

TL;DR;

Another group crash occurred last night, especially with $Luce, which was once favored by many, including myself. The author managed to exit with $30000 profit, but it could have gone to zero. It is not yet clear what caused this chain crash, but it is certain that a large amount of liquidity has been withdrawn from meme coins. The meme season was supported by dealer groups, not simply by retail consensus. Meme coins that have been abandoned are unlikely to have big V returns in the short term. After two consecutive crashes, it is estimated that more people will give up their illusions and sell the meme coins that have been trapped in their hands. Other dealers who have not yet crashed may also consider withdrawing. On one hand, Bitcoin is still at a high level and even has the intention of counterattacking. On the other hand, the cottage VC currency is squeezing water, and on the other hand, the meme currency is collapsing. This market is really contradictory and unprecedented.