Crazy moves like that are a reminder of how detached markets can get from fundamentals. A meme coin skyrocketing 14,000% in a weekend is pure speculation, not sustainable value. While $7 for ZIP might seem doable in a best-case scenario, the reality is that ZIP’s fundamentals don’t support such a leap, especially given their heavy reliance on the US market. With interest rate uncertainty and increasing competition, I’d be cautious about expecting those kinds of gains. Markets might be wild, but gravity eventually kicks in.
ZIP Price at posting:
$3.06 Sentiment: Sell Disclosure: Not Held
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