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?
Everything has a season in the cryptocurrency market, so most people tend to hop into it when they see that opportunity, so that they can make income from it. A lot of people already know that this trend would come to an end, in fact right from time we are all aware of it, but some people would still try to go for it because they know that there is still that opportunity of making income.
There are lots of people that it favoured, and there are also those that had bad luck from it. Some people got in and invested when the trend was already over and the market was going down, so they didn’t gain from it and were the losers, while there are those who were lucky enough to invest when the trend was hot and the market was still increasing in value.