【Blockchain Rhythm】On December 28, the Meme coin WhiteWhale on the Solana chain surpassed a market capitalization of $35 million, setting a new record. The 24-hour trading volume reached $2.4 million, with a surge of 41.2%, attracting many traders’ attention.
However, a word of caution—Meme coins are extremely volatile, with price movements entirely driven by market sentiment and hype. They lack substantial practical applications or real use cases. These types of tokens carry very high risk, so be sure to think carefully before investing and don’t be blinded by the percentage gains.
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Blockchainiac
· 10h ago
41.2%?Ha, it's that kind of thing that looks exciting but is extremely risky—meme coins are really just an upgraded version of gambling.
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WhiteWhale has surged, but I still don't dare to touch it; it's too unpredictable.
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A market cap of over 30 million sounds pretty big, but in reality, it's just a bubble inflated by hype.
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Coins like this always behave the same way—rise quickly and fall just as fast; you might wake up to a 50% cut.
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Honestly, people chasing a 41% gain are probably just bagholders.
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The thrill of bottom fishing is fun, but in the end, you're the one losing money.
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Don't be tempted by the price increases; if there's no solid fundamental support, it's all just illusions.
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BlockchainDecoder
· 12-29 21:59
According to studies, the price discovery mechanism of this type of asset is essentially a self-fulfilling prophecy based on liquidity expectations—41.2% daily gains reflect a phenomenon of collective polarization of speculators' psychology.
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StakeTillRetire
· 12-28 07:30
41.2%?Bro, this is gambling, not investing.
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Another hype surge, stay calm, stay calm. Meme coins are like that—today's moon, tomorrow's zero.
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Uh, surpassing 35 million market cap... Honestly, this market cap is a bit small.
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The risk is indeed high, but you have to admit, that's the charm of the Solana chain, isn't it?
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Every time I look at meme coins, I have to ask myself: is this trading or gambling?
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240K trading volume with a 35 million market cap? Liquidity is worrying, everyone.
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Behind the crazy surge is crazy decline. Really, don't go all-in on this kind of thing.
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Whales are selling off, retail investors are buying in—old story.
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Anyway, I can't understand this market trend. Did anyone make money?
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Meme coins = emotional coins. When market sentiment shifts, it's all over.
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RektHunter
· 12-28 07:29
41.2%?Is this another wave of pulling the wool over the eyes?
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WhiteWhale is just gambling, don't be fooled by the price surge.
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Meme coins rise ridiculously, fall even more ridiculously. I've calculated and won't touch them.
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Here we go again, one word sums up this kind of coin—toxic.
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A market cap of 35 million is called a new all-time high? Let's talk when it drops to zero.
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It's just hype around concepts, with no fundamental support—pure speculation.
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Saying the risk factor is extremely high is good, but some still go all in—that's the tragedy of Web3.
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A 2.4 million trading volume in 24 hours sounds like a lot, but it's really just so-so.
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There are many such coins on Solana; most of them eventually go to zero.
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Let me ask, who can really profit from this kind of volatility? Mainly those who got in early and made money.
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CryptoGoldmine
· 12-28 07:16
41.2% increase looks great, but with a trading volume of only 2.4 million, it’s pushing such a large market cap, indicating that liquidity is very fragile. A slight selling pressure can easily cause a dump.
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The ROI curve of meme coins is always steep at first and then crashes; most participants are latecomers who buy the dip.
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Compared to my mining returns, the risk-weighted return of this kind of volatile asset is actually not worth it.
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A market cap of 35 million sounds substantial, but the liquidity that can be safely exited might be less than one-tenth of that, which is the trap of meme coins.
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Don’t talk about new all-time highs; the meme coin’s all-time high is actually the last chance before hitting a new low.
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Interestingly, the volatility of these coins is completely opposite to the yield curve of my mining pool, indicating that the market is just allocating hot money between gambling and mining.
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Just looking at the 24h trading volume and price increase data is actually setting a trap for retail investors.
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MetaverseVagabond
· 12-28 07:11
41.2%?Same old trick, after a pump, it gets cut in half. Meme coins are really just gambling.
WhiteWhale hits a new all-time high, Solana Meme Coin surges over 40% in 24 hours
【Blockchain Rhythm】On December 28, the Meme coin WhiteWhale on the Solana chain surpassed a market capitalization of $35 million, setting a new record. The 24-hour trading volume reached $2.4 million, with a surge of 41.2%, attracting many traders’ attention.
However, a word of caution—Meme coins are extremely volatile, with price movements entirely driven by market sentiment and hype. They lack substantial practical applications or real use cases. These types of tokens carry very high risk, so be sure to think carefully before investing and don’t be blinded by the percentage gains.