Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
peter0425
on 13/07/2021, 04:17:12 UTC
Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu
today I'm trying to stay as far away from meme coin as possible, it's really not profitable...

Shiba inu and dogecoin have made many people millionaires but made many people poor too. Coins whose prices move based on hype really have no future.
This is nothing but a Pump and Dump coins and even that Shiba Inu is sooner will vanish from top coins as Meme coins can't provide product and any positive help towards crypto holders.
i would rather choose shitcoins than Memecoins .
memecoin does have a very high risk but behind it all we can get a lot of profit from memecoin, it's just that in my opinion there is no guarantee that you can always make a profit unless you apply long-term trading like what happened to dogecoin holders can get a lot of profit.
If you cn find the literal pumping one then yeah you can make profit , so what is the difference from Shitcoins?