The Olympic meme has gained popularity again due to Musk's interaction. How to quickly grasp the hot topics in the PvP market?

Deep Tide TechFlow
2024-08-07 12:32:07
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The hype never stops, and crypto never sleeps.

Author: Deep Tide TechFlow

BTC just rebounded to touch 70,000 USD, only to start leaking immediately, erasing half a year's gains in a week. On the day of "805," during the dog days of summer, crypto investors felt a chill in their hearts.

However, no matter how the market stagnates, a portion of fixed liquidity always remains on-chain, keeping the Meme market lively. As long as the Earth keeps spinning, the heat of Memes will not cease.

Recently, after the hype around Trump’s shooting and the new dog Nerio faded, the Meme wind has blown towards the Olympic theme.

Pocket Gunman Yusuf Dikec

Whether or not you are paying attention to the Olympics, you must have some impression of the air pistol shooter Yusuf Dikec in recent days.

Over fifty years old, with one hand in his pocket, gray-white hair, and an expressionless face…

On the Olympic stage, unlike other athletes clad in professional gear, Yusuf Dikec casually wore a simple pair of reading glasses and easily won the Olympic silver medal, afterwards even wiping the fingerprints off his gunshot wound… The relaxed demeanor combined with his mysterious identity creates a strong contrast, leading netizens to speculate that Yusuf Dikec might even be a retired professional hitman, giving the impression of someone who "just happened to stroll into the Olympics to take a couple of shots."

The Turkish uncle Yusuf Dikec became famous overnight, quickly gaining recognition from netizens worldwide.

Of course, he couldn't escape being rapidly turned into various Memes:

A global hot topic with Meme attributes, isn't this a "natural Meme saint"?

Yusuf Dikec's sudden popularity naturally attracted some attention from the crypto market, with the related concept coin $HITMAN launching on Solana and ETH mainnet, experiencing a complete Memecoin journey from a rapid surge to gradually returning to zero in a short time.

The inherent Meme attributes seem insufficient to sustain the long-term heat of the related concept tokens, but with a twist, the permanent Memecoin figure Elon Musk happened to take an interest in this "pocket gunman." After Yusuf Dikec rose to fame, Elon Musk frequently interacted with him on Twitter, and yesterday the two exchanged messages on Twitter, hinting at a possible meeting in Istanbul.

Their interaction seems to be ongoing. This afternoon, after Elon Musk posted an AI-generated video about Yusuf Dikec on Twitter, the related concept coin $HITMAN surged, reaching a peak increase of nearly 450%, before gradually retreating.

From a hot event to the ups and downs of related concept tokens, this process is all too familiar to Memecoin players. Of course, whether the token can successfully emerge and become a true wealth code is not something that temporary heat can determine.

The risk and reward ratio of participating in Memecoins has long been a common topic. To be honest, the vast majority of players speculating on Memecoins are well aware of the risks involved; it's just that the stories of getting rich quickly are too tempting, and the potential for excessive returns often leads MemePlayers to inadvertently overlook the huge risks behind them.

Still want to strike gold in the Meme wave? Here are some small suggestions for your reference:

  1. Speed is king, but don’t be blind

The most intense PVP Meme segments often benefit the early birds, but this doesn’t mean you should blindly rush into every new token. While acting quickly, you should also have basic judgment; sometimes slow is fast.

  1. Capital management is the foundation of survival

On-chain Memes are more like "entertainment speculation." Blindly going all-in may feel good for a moment, but recovering can be quite painful.

  1. Pay attention to social media, but maintain independent thinking

A single tweet from Elon Musk can trigger a surge in $HITMAN. Quick-thinking players may profit from news, but useful information is scarce, especially for hot tokens, where various noises flood social media. Don’t let public opinion completely sway you.

  1. Enjoy the process, but don’t become addicted

Participating in Meme PVP is thrilling, and if you profit from it, that’s even better. But just like the plots in martial arts novels: swinging a sword is exhilarating, but remember that the sword should follow the person, not the person follow the sword. Enjoy the fun of investing, but don’t let it overly impact your life.

The hype never stops, and crypto never sleeps. Some opportunities may be fleeting, but the market is never short of opportunities, while risks always lurk on the other side of human nature.

After all, even if it’s a well-known hot topic, tokens don’t appear out of thin air. The wealth code in front of you may very well be a trap carefully constructed by someone hiding in the shadows, using profits as bait to consume your principal.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
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