Speaking of projects like $WET, there's been another wave of price manipulation recently. Looking at this market cap level, I can't help but want to comment.

Let's review the project's fundraising history — combined private and public offerings raised nearly $6 million (I've heard some data might be exaggerated). With the current market cap sitting here, early investors are definitely selling as they please; after all, cashing out is the key. From this perspective, there might be significant selling pressure coming up.

However, the movement of these meme coins is indeed interesting and worth observing. If you're also into researching this area, we can discuss and exchange ideas. I'm purely sharing my thoughts without any trading signals; I just want to see how this market evolves.