Re: Is the meme coin still worth holding

The main idea of meme coins is to attract attention to something.
There are a lot of things to attract attention. For example appear such coins like https://twitter.com/DogeGaySon/status/1488443132718948352 to attract attention to some problems and protect some people rights.

For meme coins, it is important to have a big community of supporters and users of this coin.
That is why it is important to support the community and encourage it.

In 2021 meme coins rose in price even more than other tokens or coins. They gave opportunity investors to earn even more money than other altcoins. That is why meme coins were even more popular than altcoins or Bitcoin.

I don't think that meme coin is not more popular than bitcoin or other altcoins, the increase in the price of meme coin in 2021 was nothing more than the effect of Elon Musk tweet on Dogecoin, after the hype that happened to Doge prompted many developers to create other meme coins such as babydoge and shiba inu, but after the hype disappeared I think the popularity of meme coin is also starting to fade and it is evident from the number of meme coins that are experiencing a decrease in liquidity in market today.