In recent days, the popularity of zero-removal meme coins has declined, paving the way for a new speculative wave—many-zero coins.
Trends in the Meme Market
$MOCO, a newly launched meme token, has soared nearly 300% in just three days with an estimated market cap of around $5 million, making it a hot topic in crypto discussions.
Analysis of MOCO’s Behavior
The price of MOCO surged from 0.029100 to 0.026124, effectively 'removing' three zeros. The hype, however, has exposed a cognitive gap among investors, with some mistakenly claiming that MOCO’s market cap is '1000T', interpreting 'T' as 'thousand.' This sparked laughter among seasoned traders.
Risks and Prospects of the New Wave of Meme Coins
Some analysts compare this phase to the early stages of the $DOGE and $SHIB rallies in 2021. Speculative funds are rotating into ultra-low-cap plays, creating risks for participants who lack understanding of liquidity and market risk evaluation.
$MOCO represents the volatility and uncertainty characteristic of meme coin cycles. While such movements can bring profit, they also pose significant risks for investors.
