Quote from: Jackl87 on Today at 06:55:55 PM

Quote from: Len Saldua on Today at 07:27:22 AM

Not just shiba, but there's a dozen different others I think.

A months ago during the peak of the meme-coin hype there were at least 100 meme-coins created each and every day, which was absolutely crazy. Most of those tokens were created on the BSC network of course because the network fees there are just way lower compared to the ones on Ethereum and most people that created meme-coins only had one reason why they did that. They wanted to make quick and dirty money without any effort. Of course now more than 99% of those meme-coins are already dead again which is a good thing for the whole crypto market in my opinion because now investors can focus again on real projects.

It's true that most meme coins are created just to make a quick profit for the creator. Especially when Dogecoin and Shiba Inu experienced
a very significant increase, made a lot of new meme coins popping up and finally as you said most of the meme coins die. Because in the end,
many people realize that investing in meme coins only makes their lose money. That's why we really have to prioritize investing in projects that
have clear functions and projects that have strong fundamentals. Especially in a bear market situation like now, don't be easily influenced
by influencers who promise big profits from new projects. We should just focus on investing in top coins, which already have a good reputation.