All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha
Always Do your own research before especially in shitcoins that you wanted to invest with because most of this shitcoin are pump and dump tokens which can give you either 1000x profit or -1000x profit.
That post above you is very true. When reading successful journey to a certain project, people are easily being inspired. With curiosity about them, they follow the project to the point that they also invested with it.
The problem with this people even if they already got some knowledge about shit or meme coins that they are eyeing to participate they still willing to push forward and take the high-risk investment, when being trap or when everything falls to nothing they've learned things the hard way and most of them never invested back.
Better to work with decent project that have usable services to offer, Meme/shit is being classified as game of luck and good timing.