Most cryptocurrencies are still chasing quick profits in the mechanics, despite the signs that the broader “super” of speculative assets may end. This shift follows the recent disappointment associated with the launch of Memecoin associated with US President Donald Trump.
The most successful currency traders in the industry continues through the returns – that are tracked as “smart money” traders on the Blockchain Intelligence platform in Nansen – in searching for the fast Memecoin returns.
While Stablecoin’s increasing property shows increasing caution, smart money remains open to speculative plays, According to To Nikolai Sondargard, research analyst in Nansen.
He said during the CointeleGRAPH’s Chainrection series on X.
He added: “The madness of the last MIM was just a fun play it worked on, while the broader market secretes the direction because the mines are not necessarily affected by the macroeconomic economy such as Bitcoin and ethereum.”
Related to: Bitcoin holds a firm, as the shares lose 5 meters in the Trump -Trump sale record
Analysts’ visions came a week after a smart merchant turned into an initial investment of only $ 2000 to $ 43 million with the famous Cryptocurrency Pepe (Pepe).
Pepe merchant, transactions. source: Lookonchain
However, the trader was unable to sell the summit, but it still achieves a postponed profit of more than $ 10 million, although the Pepe, which is more than 70 % from its highest level ever.
Related to: The Trump family mechanics may increase the SEC scrutiny on encryption
The Trump Token’s launch may have ended Memecoin “Supercycle”
The official launch of the official Memecoin Trump (Trump) on January 18 may have indicated the end of the “Supercycle”.
“Pump.fun was a synonym for” Memecoin Supercycle “, which represents more than 70 % of the symbols launched on Solaa, according to the Binance Research a report Common with cointelegraph.
pump. Use measures. Source: Binance Research a report
Memecoin Launchpad’s weekly use metrics in the Trump inauguration week have since declined. The total active portfolio decreased on Pump.fun from 2.85 million per week from January 20 to only 1.44 million from March 31.
A spokesman for Binance told Cointelegraph, adding: Adding: Adding: Adding:
“Market morale seems to have also turned amid unreasonable reports from the internal trading associated with subsequent high -level symbols like $ Mellania and $ Libra.”
The spokesman said: “The broader macroeconomic uncertainty, including the fluctuations driven by global tariff policies, may be more likely to speculates with mimokins in general.”
Trump/State, the graph at all. Source: CoinmarketCap
Meanwhile, the Trump code fell by more than 87 % of its peak of $ 75.35, which was reached on January 19. The distinctive code decreased over 8 % last week, Coinmarketca data He appears.
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