Coin Bureau|Jul 29, 2026 13:33
Bloomberg: Crypto Traders Bring Memecoin-Style Volatility to AI Stocks
Former memecoin traders are shifting into SK Hynix and Micron, bringing anonymous X accounts, coordinated communities and round-the-clock leverage.
Citrini Research analyst Jukan Choe calls the rallies “a tower of liquidity built up by retail investors,” warning they could collapse rapidly.
The risk comes as US margin debt hits a record $1.4 trillion and fewer than 70% of US stocks trade above their 200-day moving averages.
Fewer stocks are driving the S&P 500 to new highs, leaving the rally increasingly dependent on a small group of companies. This makes that a bull market more fragile.(Coin Bureau)
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