Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
If you are on time to invest in meme coin, it will surely give you higher profit but too risky. We don't know what will happen in the future but I think meme coin will not disappear in crypto space. A lot of people still investing in meme coins despite of no real use case.
I think things like this are getting back into momentum.
Many people are trapped in meme coins like dog coins where they don't have basic TA in TA but just jump right in without caring about anything.
this is certainly very risky and indeed possible in a coin like this level of risk like this is something that is reasonable.
but on the other hand we also have to be able to see and when we are profitable we immediately sell quickly because coins like this are not very suitable for the long term.