Post
Topic
Board Altcoin Discussion
Re: Favourite MEME COINS?
by
FrozenBit
on 08/04/2023, 14:59:11 UTC
I think meme coins are less attractive to people, because of the lack of utility of a meme coin itself, nowadays it seems that people are more careful and wiser in choosing coins
It's hype at its core, and early comers always have the upper hand, but I have to admit the meme environment in the crypto space is trash. It does not bring positive value to the market and in short term people make very quick profits as well as very volatile investment. Personally, I also participated in some coin memes and also made a profit, then the market situation was very optimistic and the money poured into the market so it was easier to pump than now. So I think anyone who intends to profit from this market with memes should be wary of their decision if they don't want to be stuck with them.