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Algorithms are buying all the meme coins

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by COINS NEWS 181 Views

Ever wonder why these worthless meme coins skyrocket in minutes? Well I hopped on over to crypto moon shots subreddit and the coins names are about as spammy and nonsensical as app store games made for children. Except, they're not made for children at all, they're made for algorithms.

Algorithms scour the internet for the most searched and talked about coins/phrases/trends of crypto. When they see Shiba and Doge spammed 7 million times across Reddit, news articles, Facebook, they run in to buy everything they can.

Everyone is asking, "how do you find these coins before they pump?". Well... you don't. Computers are the ones finding these coins first. Computers are the ones pumping the coins. Computers are the ones selling to humans, turning them into sad panda bag holders...hey that's actually a great name for a coin...

submitted by /u/Hot-Ambition-3253
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