Memecoins are affordable and popular in the market. It is extremely simple to invest in the project, but it is not worth placing all of your hopes in them. They fluctuate steadily, and they have a distinct season when they make big moves in the market. Good timing also assisted traders in determining when to buy and sell meme coins.
Meme Coin isn't a great choice for a long-term investment, but it might be good for making a few trades as long as the hype is strong. I didn't, but if you want to do it then take your profits as soon as you see the price going up. Meme coin prices are also frequently manipulated by whales, so be careful if you're putting a big budget out there in the long term.
Beginners are discouraged from trading with meme coin as the volatility and risks are much more unpredictable than most of the other popular altcoin. Indeed, meme coins can provide returns, but instead it has become a trap that has made many trader have to accept losses.