Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
Quidat
on 05/07/2021, 21:18:18 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.
Trend like this is something we had seen in the past where trend or hot events do happen but asking about if it would last or sustain? No, there are no things that could really last forever.
What comes up must come down and this cant be called a market if we are just seeing upward movement or trend.About meme coins then its up to someone if neither they would buy or not
but for me then it isnt something worth for me to invest on specially now. Meme coins had already made out some significant impact when it whats shilled or hype out
and that starts with DOGE and we have seen clearly on how the market reacts which is a typical thing.