Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Wang Feng: If the price of Bitcoin breaks the previous high today, the market value of meme stocks could still see triple the space, Doge/Shib/Pepe may be difficult to stop

Wang Feng: If the price of Bitcoin breaks the previous high today, the market value of meme stocks could still see triple the space, Doge/Shib/Pepe may be difficult to stop

Bitget2024/03/05 08:08

Wang Feng((@wangfeng_0128))'s Twitter post discusses adjusting strategies in the crypto market during a bull run:

Memes like Doge/Shib/Pepe may continue to rise if Bitcoin breaks previous highs. The market favors assets with mainstream appeal over technical complexity. Newcomers are entering the market, focusing on popular concepts like AI and avoiding overly specialized sectors initially. Patience is key for holding valuable assets despite sector rotations. Ordi may rise eventually but not currently reliant on memes or the current bull market, rather on Coinbase listing for growth potential. Market simplicity contrasts with personal biases and fears of being stuck in old mindsets.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!