Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
crzy
on 05/07/2021, 20:58:19 UTC
In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.
And whose to say that in the next bull run meme coins will be a thing???

From previous bulls, we know that what's hot today is probably not going to be hot tomorrow and this might well be true for meme coins. And, yh, for sure these coins have seen massive dumps just like the rest of the market, but I do not think there's a road to recovery for them.
Recovery will only happen to the good coins but if there’s still a hype with the meme token then I believe they can still rise but it will always depend on that. Meme token can’t stay longer here because they have no purpose in the market and they can’t just depend on any hype, this bear trend will hurt them that much so better to stay away for that meme token, that’s not worth the risk anymore.