CMT Digital’s head of trading, Brad Koeppen, agreed. Cryptocurrency markets are almost uniquely vulnerable to gossip and sentiment swings, he said. The correlation between public personas and trading activity isn’t always apparent from public exchange data, especially for tokens with identifiable figureheads like Binance’s BNB (CZ) and Tron’s TRX (founder Justin Sun), Koeppen said.
Related posts
-
Shiba Inu Price Rockets 20%, Brett and Pepe Also Pumping – Time to Buy Meme Coins?
The meme coin market is heating up again, with... -
Crypto Analysts Say These are the Best Meme Coins to Buy for October: Popcat, Floki, Crypto All-Stars
Meme coins – they’re the wildcards of the crypto... -
Crypto Inspired by 'Moo Deng' Zooms to $100M as Hippo Meme Takes Over Internet
Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over...