Well-known trader LaserCat said in a post on X that he has not changed his thesis on the meme coins he follows, even after a recent pullback in related token prices. In his words, "the price changed, but the narrative didn’t," and both his buying logic and selling targets remain intact.
LaserCat said he still favors "Niulai" and "Hakimi." He also argued that the on-chain meme coin market looks different from a few months ago, when the sector as a whole was weak. According to his post, the market now has a large number of meme coins valued in the several-million-dollar to tens-of-millions-of-dollars range.
He added that capital is mainly waiting for a related meeting on the 11th and progress on legislation on the 15th, leaving the broader market in wait-and-see mode for now. LaserCat said the market only needs one signal to confirm that the bull market has returned. He also said his current positions can all be checked on-chain and that he has no plan to exit at this stage.
Odaily reported that well-known trader LaserCat said in a post on X that, despite a recent pullback in related meme coin prices, his view has not changed.
LaserCat wrote that 「价格变了，叙事没变」, or "the price changed, but the narrative didn’t," adding that both his buying logic and his selling targets remain the same. He said he still favors "Niulai" and "Hakimi."
He also said that compared with the broad weakness seen in on-chain meme coins a few months ago, the market has now produced a large number of meme coins with market capitalizations ranging from several million dollars to tens of millions of dollars.
According to LaserCat, capital is currently waiting for a related meeting on the 11th and legislative progress on the 15th, leaving the market largely in a wait-and-see phase. He said the market only needs one signal confirming that the bull market has returned. LaserCat added that all of his current positions can be checked on-chain and that he has no plan to exit for now.
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