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?
Their heydays will soon come to an end, I don't see any meme coins making waves in the market now after the Shiba Inu hype, let's admit it many of these meme coins are just pump and dump coins with nothing to offer or any usage, early investors are just pumping and create hype on these meme coins this is to attract newbie investors, they thought that these meme coins will become another Dogecoin, because of Elon Musk's hype of Dogecoin we have a disruption in the market and many are more into the pump and dump coins.
that's a meme coin. they have no real product of project development. they are big because of the hype their community has built. talk a lot on forums and social media. then there will be more and more people buying. don't we see a lot of new projects like that nowadays?
we can't hope for the long term on meme coin. that we can use some pumps and dumps occur. we can benefit from there if we have skills.