Meme Coins Going Legit Is the Worst Thing for Meme Coins

In particular, there is a “critical threshold” of 3,000 holders that tends to indicate a project is gaining traction. The next phase, characterized by the number of new buyers exceeding existing traders, typically sees holder counts jump to 10,000 and the involvement of whales without extreme market swings.

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• Source: https://www.coindesk.com/consensus-magazine/2024/03/15/meme-coins-going-legit-is-the-worst-thing-for-meme-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines