Trader Eugene Ng Ah Sio has predicted the end of the meme coin market, citing significant wealth destruction and flawed execution methods. In a recent post, Ng highlighted the ineffectiveness of long-short strategies in crypto markets during critical periods and warned of potential contagion effects. He also bid farewell to crypto yield companies, suggesting a challenging future for these entities.
Eugene Ng Foresees End of Meme Coin Market and Crypto Yield Firms
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.