Post
Topic
Board Altcoin Discussion
Re: A meme coin called baby doge worth this risk?
by
zaki12
on 25/09/2022, 18:18:39 UTC
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

No disrespect though, but I am not a fan of memecoins. Even the "almighty" memecoin known as DOGE doesn't have real use cases and fundamentals as it is only just for "fun" coin and was just being hyped by Elon Musk and Mark Cuban that time when DOGE got up to almost $0.80 I think.

Sorry but I am not a believer of any memecoin because it's just hype. Any new memecoin will just only pump short term before we see a long term dump until it's technically "dead".
yes I also agree with you, Meme Coin is often seen as a joke. although some investors believe that these coins can be a gold mine for them. most Meme Coins are just made for hype. Some Meme Coins become popular because they highlight things that are going viral or are promoted by famous artists. This is why the value of these coins can soar quickly even though the fundamentals are quite fragile.