Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
TheGreatPython
on 13/08/2021, 21:03:27 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.
The thing with these meme coins is like they are mainly being used for pumps and dumps, so that’s the thing, you’re either going to lose or you win. Whenever they pump they get pumped heavily and when they start to dump they are being dumped heavily and to the extent a lot of people will lose so much of their money and even get discouraged.

And I do see some of these meme coins as scam, because they have some really weird names that come across as being unserious. So, it’s usually best to avoid them and if you’re going to invest in them then it will be better to invest in the top ones that are popular. These days anyone can just come out with their own meme coin.