Post
Topic
Board Altcoin Discussion
Re: Is the meme coin still worth holding
by
bengsabeng
on 23/12/2021, 13:10:58 UTC
I do not think the hype of meme coin is still there. Most of this meme coin will be dead when a new hype came forward except for some exceptional ones like doge and Shiba Inu. These two projects already made their name in the market and their community has grown exceptionally. I do not know what will be the price of them but I think they will survive the storm in the end.
Doge and Inu are not dead but they'll be dead soon.

If we look at the previous weeks and compared it now, we can see that their ranking are going down, that's due to the simple reason that when there's no hype, the coin will not survive, and since we are not anymore seeing a bullish market, their standings will be heavily affected compared to the altcoins that has a good usage.
The ranking of the two altcoins has indeed dropped slightly but both altcoins are still in the top 20 rankings in CMC, in other words the two coins still deserve to be called big altcoins. I can't say for sure how the condition of these altcoins will be in the future, what is clear is that the two altcoins have survived so far because of the hype created by influential people like Elon.