Altcoins surge 2811% overnight—how long can the crypto meme frenzy last?

According to the latest news, the so-called “air coins” have surged by 2811.29% since launching Alpha, with the current price at 0.00249 USDT. This number looks crazy, but in the context of the current crypto market, it reflects not good news but that market sentiment has reached an extreme level. When rapid surges become the norm, bubbles are not far from bursting.

Market Signals Behind the Surge Phenomenon

The Truth About Extreme Gains

An increase of 2811% is indeed astonishing, but this figure itself contains risk information. Several market observers mentioned in related reports that the current crypto scene is in a typical meme coin frenzy stage, with retail investor sentiment pushed to the extreme. The ability of air coins to achieve such rapid gains in a short period precisely indicates two things:

First, these types of coins have extremely low initial prices (such as 0.00249 USDT), so a very small amount of capital can drive a huge percentage increase. Second, the market is flooded with retail investors chasing gains, whose irrational enthusiasm provides false support for these projects’ prices.

Current Market Status: End-Stage Meme Frenzy

According to analysis in related reports, the current state of the crypto market is very clear: air coins are everywhere, and retail investor sentiment has been pushed to the limit. This is not a new phenomenon but a repetition of historical cycles. The reports explicitly mention that when funds start flowing due to risk aversion and the innate search for certainty, it often signals that the frenzy is nearing its end.

Key characteristics of the current crypto scene include:

• Frequent appearance and rapid collapse of celebrity coins (e.g., NYC coin issued by the former New York City mayor, which drained liquidity at its peak, causing an 85% crash)
• Widespread KOL collective pump signals (often a warning sign of distribution)
• Retail chasing of air coins reaching madness levels
• Mainstream coins instead steadily rising (Bitcoin breaking through 95K, Ethereum following suit)

Risks Warning of Air Coin Surges

Historical Cases for Comparison

A typical case mentioned in related reports is the NYC token issued by the former New York City mayor Adams, which reached a market cap of $600 million within minutes. Half an hour later, the project team withdrew $2.5 million in liquidity at the high point, causing the coin to plummet by 85%. This is not an isolated incident but a common pattern in air coins.

The essential features of air coin surges:

Why Are Surges Actually Dangerous Signals

An analyst in related reports pointed out an unwritten rule in the crypto scene: “Rising equals righteousness.” As long as the candlestick is fierce enough, even the most ordinary things can be packaged as “technological innovation.” But this is precisely the most dangerous moment because:

• Fundamentals are completely ignored, driven purely by emotion
• Most participants are retail traders chasing gains, with no long-term holding intentions
• Once sentiment reverses, there is no supporting force
• The interests of dumpers and buyers are severely misaligned

Comparison with Mainstream Coins

In contrast, the logic behind Bitcoin and Ethereum’s rise is entirely different. During the same period, Bitcoin surged from 91K USD to over 95K USD, driven by institutional entry, policy expectations, and more solid fundamentals.

Market Observation

According to consensus among multiple analysts in related reports, the current crypto market has entered a capital game stage. What does this mean? Simply put, the era of speculative red envelopes is over. The “buy blindly and profit” era of 2021 has passed; today’s market is more complex and brutal.

Related reports explicitly mention: well, making money is getting harder and harder. Each bull cycle is driven by different manipulation techniques. This indicates that market participants are evolving, strategies are updating, and retail survival space is shrinking.

In this context, the rapid surge of air coins is not an opportunity but a trap. Multiple reports emphasize that truly valuable projects do not need “brainwashing marketing” to attract people; hype does not equal value.

Summary

The 2811% surge of air coins looks tempting, but it fundamentally reflects that the meme frenzy in the crypto world has reached an extreme. History repeatedly shows that when everyone is chasing air coins, it’s often a sign that the bubble is about to burst.

At this moment, it’s crucial to stay alert: while retail investors chase air coins, institutions and major players are quietly positioning in mainstream coins. Multiple analysts in related reports point out that due to risk aversion, funds will ultimately flow back into value zones with real support.

For ordinary investors, the current strategy should be: beware of surging air coins, focus on steadily rising mainstream coins. The wild party will always end, and the real winners are those who can survive after the party ends.