Post
Topic
Board Altcoin Discussion
Re: Is the meme coin still worth holding
by
Predict_Vision
on 28/02/2022, 17:09:14 UTC

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.

The price of meme coins depends on the conditions of cryptocurrency market.
When cryptocurrency market rixe a lot of people are interested in cryptocurrencies and buy cryptocurrency and use it for investment perposes.
When market falls people lose their attention and sell cryptocurrency.
But after the fall will be a rise again. It is necessary just to wait.

For meme coin liquidity is important. But to have a big liquidity it is necessary to have a big community and a lot of users.
Meme coin must be useful for people to be in demand.