Quote from: Engineer7 on May 12, 2021, 12:06:24 PM

I noticed that even new coins that are simply created like on BNB, without even a small thought behind it, gets millions of volumes per day trading.

Is their something behind this volume? I mean is it this something technical or really happening.

What are coins do you mention?

Huge volume belongs to meme tokens, not coins. They rose too crazy after the crazy hype of Dogecoin and SHIBA. Those meme tokens are bleeding and I won't think they will stop bleeding soon. No utility and only get price from hype, they will die soon.

I hope people bought those meme tokens at whichever price, will make their decisions to cut loss and exit (if they still have profit). Staying too long with those meme tokens will bring pressure for them. It is easier to enjoy unbelievable rises but for unbelievable falls, your mentality won't be stable. I personally will never take such pressure because of my gamble.