Post
Topic
Board Altcoin Discussion
Re: What could have happened to all meme coins
by
FrozenBit
on 25/03/2023, 15:01:28 UTC
I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?
A few problems will continue to maintain and develop to adapt to the market, and most of them will be dead projects. To be honest with me memecoins pay like ponzi schemes, so I'm not too fond of it in my portfolio, I've been lucky enough to make money with dogecoin, shibainu,... but I just consider it myself lucky, and I also know many of my friends who are still stuck with memecoins.
in one respect Elon has had quite a negative impact on the market as many people abuse whatever is claimed by Elon to be the future development of certain fields, and this is up for review because such manipulation, but above all that we ourselves are skilled enough to analyze whether there is a risk or a return from engaging with such products.