A Memecoin sends over 50% of its total supply to celebrities who won’t sell, making price fluctuations increase by more than 2x. When it pumps, it pumps faster; when it dumps, it dumps faster too. Is it a bear market now? There’s not much money in the market, so people are starting to play with these low-cost, high-efficiency memes. Back when there was money, everyone played fully circulating memes. Now that there’s no money, they’re playing semi-circulating ones