Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
eaLiTy
on 05/07/2021, 23:59:20 UTC
meme coin is very easy to manipulate and all the price depends on the developer so it's unfair because it can be proven to be used for something the OP mentioned, so I think we should avoid tokens like that so it won't cost you in the future.
When the price of Dogecoin rallied everyone wants to take that opportunity and run their own version of the coin and now i lost count about the number of projects in existence aiming at luring the investors promising that i could be the next hype train that could rally and there are some similar coins that made a huge rallies but no one can assure you that the new meme coins will survive.