At some point most of us have interacted or discussed the pump that Meme coins had over the last bull cycle, even some of us held some and got some profits on the way. The thing is that nowadays there are thousands of meme coins and shitty projects that try to grab a bag, but, even most newbies at the market are aware of it.
That being said, this week I have seen multiple sources covering the uptrend from DOGE and SHIB, I find it interesting how these projects may have a possibility to surge again and claim a space as a 'useful' token for the future projects. What are your thoughts about this?
My view on meme coins is pretty negative overall to be honest. I really think that the whole meme-coin hype that was going on a year ago or so was really harmful for the whole crypto space and also one of the reasons why we are in such a bear market now. Back in the day during the heigt of the meme-coin hype there were literally hundreds of new meme coins appearing each and every day. Of course 99,9% of them are already dead again.
Dogecoin was the first of it's type and Shiba Inu was able to secure as the top second generation meme-coin so i would guess that those two projects will still be there in the future, but i would still not invest into one of them. There are just so many better projects out there with a real use case where you can invest. You don't have to pick meme-coins.