Post
Topic
Board Altcoin Discussion
Re: Would you guys invest meme coins now?
by
pauloaragaomelo
on 19/08/2022, 23:44:19 UTC
Currently it is very risky to invest in meme coins, because all coins are experiencing a high decline so to invest, of course you have to have a big consideration, so that we do not experience losses in investing, meme coins such as shiba and doge actually deserve our rely, know all need a process to increase the price and currently shiba is burning coins and the price is starting to increase so we are even more confused to hold the meme of the coin, so all need consideration so that everything can be as we expected.
The meme coin is no more a pump and dump than the community hype, after the meme coin hype is quiet then the price movement is directionless and only follows the price of Bitcoin, the bad fact of the meme coin is that when the market is bearish the price will be lower due to huge dumps from investors and cannot ensure a recovery future meme coin price.