And I am especially talking about those memecoins like dogecoin, shiba inu and those other coins that pump and dump in those shiba doge and those make up coin names? There is zero purpose of these coins. They had that squid game token I believe. What is the purpose of these coins? It literally sounds like someone creating a video game and making up coins. The worst part is you have people buying these coins to most likely try to make a profit and then sell since rarely are these coins meant for holding.
Just don't have anything to do with these pumps and dump coins and you will be fine, the one thing that motivates these people from investing and supporting these coins is greed there's nothing really on these coins but for a few people to make money if you are not part of the pump team you will likely lose a lot of money, the rule of the thump is a coin should have a platform or usage attach to it, we are past the time where you just create a coin and everybody will make money.