Post
Topic
Board Altcoin Discussion
Re: Becareful with Meme Coins
by
errorcode99
on 28/10/2021, 15:28:18 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


Actually we have to be careful with these types of coins even though many public figures are also promoting and tweeting about them. They may be able to make a lot of profit for us, however, we can also lose a lot of money because of them, they are new and the volatility is very high. Apart from that, I have seen how this type of coin is in the market, just based on the hype. No really good fundamentals there.