CBB: If a token's market cap does not reach $3 billion within 24 hours of listing, it is essentially a junk coin.
According to Odaily, trader CBB posted on X stating that certain individuals spent several months promoting a particular token, but within 24 hours of its launch, the token's fully diluted valuation failed to surpass 3 billions USD, calling the token a pure meme coin.
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.
You may also like
British Pound slips as hawkish Fed outlook boosts US Dollar
Japanese Yen bulls seem hesitant amid BoJ's dovish rate hike as Fed bets support USD
Hyundai builds vehicles for Waymo: hoping autonomous taxis will offset the impact of slowing EV demand
Hyundai aims to offset the slowdown in electric vehicle demand by introducing driverless taxis.

