Quote from: mamesso on Today at 03:20:07 AM

Not just memecoin, All cryptocurrency are quite difficult to analyze price changes. Price fluctuations are a big enough obstacle to analyze properly. MemeCoin has no real value and purpose. The memecoin hype is always related to issues circulating from Influencer, like what Elon Musk did to Shiba a while back. Meme Coin tends to be abandoned after a trader makes a profit, after that traders will look for other coins to secure their assets.

You're absolutely right mate all crypto tokens are quite difficult to analyze and not just meme coin, the volatility of the market is still the main concern of all of us. The only thing that a meme coin differs from other token is that it has no real use cases that may support the token to still have a value until the following years. Though it is undeniable that hype does give value to a meme coin like what Elon Musk did to doge and Shiba but once the hype just passed by I don't think if it will still have value. The main point here is that we don't know if meme coin is still a good catch after the trend.