According to Odaily, Andrei Grachev, co-founder of DWF Labs, recently shared his insights on market trends during downturns on platform X. He noted that even when the market is in a slump, there are always certain things that are on the rise.
Investors, often referred to as 'paper hands', sell off their holdings in an attempt to recover or catch a lucky break. This is why memes are particularly popular in a flat or depressed market. Some of these memes always seem to be on the rise, providing an opportunity for people to gamble.
Grachev's comments highlight the unpredictable nature of markets and the strategies investors may employ to navigate through downturns. His observations also underscore the growing influence of memes in today's digital culture, particularly in the context of market trends.