Post
Topic
Board Altcoin Discussion
Re: Are MEME Coins A NEW Trend
by
Sanitough
on 02/09/2021, 21:13:53 UTC
With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
These new meme coins that were suddenly emerging in the market are an instant red flag for me. I don't want to waste my time and money on most of them. As much as possible, don't fall from their sweet promises of massive profit returns. If I were you, I would rather put my hard-earned money into a more established and stable project that has been around in the business for several years already. A project with steady development progress. The like of Stakenet XSN is a perfect example.
Very well said, don't ride with the hype, if you will, just learn a strategy to enter and exit at the right time. DOGE coin is a big example, I'm not sure if people can still exit with a profit since the time they bought the time during the ATH where the trading volume of DOGE had significantly increase as well.