It's the same old story—new coins crash right after launch. On the surface, it's supposed to drive Meme hype on a particular chain, but the broader market environment isn't cooperating. With no fresh capital inflow and no wealth-creation effect, prices are breaking below issuance levels. This kind of market only scares away retail investors. So the whales are simply reversing course, issuing positive signals to suppress bearish sentiment.

But honestly, the outlook ahead isn't great. There might be a few more rallies, but those will be prime shorting opportunities. It all comes down to one thing—in an environment of depleted liquidity, 99% of Meme coins are destined for obscurity. Without hot money flowing in and without wealth-creation narratives, no matter how compelling the story sounds, it's just a mirage.