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Recently, the on-chain meme coin market has experienced a strong rise, bringing joy to many investors. Among them, the market capitalization of $LIZARD has surpassed 3 million, providing early investors with a substantial threefold return. Meanwhile, FARTLESS has performed even more brilliantly, with its market capitalization breaking through 7 million, also contributing over three times the returns for investors.
Faced with such considerable profits, some investors chose to take moderate profits, cashing out half of their principal and gains. However, there are also investors who hold an optimistic view on the prospects of FARTLESS, believing it has the potential to become the next 'big dog', with hopes of breaking through a market capitalization of ten million. Therefore, this group of investors has chosen to continue holding their remaining shares in anticipation of higher returns.
It is worth noting that the popularity of this round of meme coin market is closely related to the overall activity of the cryptocurrency market. Recently, Solana's futures trading volume has reached a new high, reflecting that investors' enthusiasm for crypto assets is heating up. However, investors should also keep in mind that the meme coin market is highly volatile, and while enjoying high returns, they should also pay attention to risk management, proper capital allocation, and risk control.