I'm already done investing with meme coins. I had 8 and only 1 of them that I made at least x3 profit. The rest are just either at a loss or rug pull. I know that others are happy with the gains of DOGE and SHIBA, but they're not good in the long run as they have no real fundamentals. Look at the latest rug pull of Squid Token. People fell for it because it was inspired from a popular Netflix series without doing their own research. Only luck ones had got out before the unexpected happens.
Yes and even if it doesn't end up as a rug pull, how on earth could someone predict a moon flight like Shiba did? I really didn't believe that to happen ever.
It is certainly manipulation, but yes I know that is what you have to take into account trading cryptos anyway. Still though one would wish for some rationality because that would make analysis more valuable. Then again you could argue that I should just change my style and way of analysing coins. Shiba went so crazy that I am still shaking my head!
