12,000 RMB in the MEME coin ecosystem could be just a matter of minutes. Converted to MYR, that's 6,900.
The average monthly salary for a regular worker in Malaysia is about 3,000 to 3,400 MYR, which means a typical office worker would need to work nine to five every day for over two months to accumulate a return of $1,710.
With this comparison in mind, the short-term fluctuations of MEME tokens in the crypto market become quite interesting. A one-hour price swing could be equivalent to a normal person's two months' salary growth. This not only reflects the risk characteristics of these highly volatile assets but also highlights the huge differences in income levels and opportunity costs in capital markets across different regions worldwide. Of course, high returns often come with high risks—in assets like MEME coins with ultra-high volatility, doubling or zeroing out can happen in an instant.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
GateUser-ccc36bc5
· 12h ago
Really, workers' monthly salaries are being outpaced by meme coins in just one hour.
View OriginalReply0
TradingNightmare
· 13h ago
Really, doubling an hour and clearing it in an hour is outrageous
View OriginalReply0
NFTArchaeologist
· 13h ago
Two months' worth of salary gone in an hour—that's MEME coin for you.
View OriginalReply0
CountdownToBroke
· 13h ago
Two months' salary vanishes in an instant—that's the charm of meme coins.
View OriginalReply0
ponzi_poet
· 13h ago
Doubling in a few minutes, returning to zero in a few minutes—that's the charm of meme coins.
View OriginalReply0
GhostWalletSleuth
· 13h ago
Two months' worth of salary gone in an hour—that's MEME coin for you.
12,000 RMB in the MEME coin ecosystem could be just a matter of minutes. Converted to MYR, that's 6,900.
The average monthly salary for a regular worker in Malaysia is about 3,000 to 3,400 MYR, which means a typical office worker would need to work nine to five every day for over two months to accumulate a return of $1,710.
With this comparison in mind, the short-term fluctuations of MEME tokens in the crypto market become quite interesting. A one-hour price swing could be equivalent to a normal person's two months' salary growth. This not only reflects the risk characteristics of these highly volatile assets but also highlights the huge differences in income levels and opportunity costs in capital markets across different regions worldwide. Of course, high returns often come with high risks—in assets like MEME coins with ultra-high volatility, doubling or zeroing out can happen in an instant.