There are now so many altcoins in the crypto world, and we also have new altcoins every day, some of which are legit and most of which are scams, so be cautious when investing, especially in new coins, because there are so many scammers taking advantage of the meme coin trend, so always check and do your own research before investing in a new coin.
we really have to be selective in choosing projects, especially new projects that appear just because they follow the hectic trend. know well what we are going to invest in, don't be fooled, and make sure the project has real functionality and strong fundamental support. meme coin was created for instant profit by taking advantage of hype, community support and influencers. The risk is quite large, so if you enter or exit late, you can end up in a loss. it is better to choose another project whose function is more tangible.