Post
Topic
Board Altcoin Discussion
Re: New coin - PEPE
by
lixer
on 24/05/2023, 16:33:50 UTC
Do any of these "meme" coins matter? What use cases can they provide to the world? People are only getting into the hype with the hopes of getting rich quick. Good luck with that. PEPE may be the hottest "meme" coin around, but that doesn't mean it's worth it. The "pump" in market price will be shortlived, especially when the coin doesn't have any real substance to it. I cannot use PEPE to pay for goods and/or services the same way I can with BTC or even ETH for that matter. It's all speculation to say the least.

I think Dogecoin will be the sole survivor of the "meme" coins group because of its tried-and-tested blockchain network over the years. The others are just clones or failed attempts to copy the original "meme" coin. At least, it will be a fun ride while it lasts. As long as you don't put all of your money in "meme" coins, there should be nothing to worry about. Just my thoughts Grin
It's only fun if you manage to get on the ride early, there is no point when you get in when the hype is almost over and the token has started dropping from its ATH. It barely happens that a meme coin gets significantly high in price after the hype is over but people don't get it, they think every token will work just like the ones that we've seen in the past.

I've also seen people who invest in almost every single meme coin or shitcoin they hear about only in the hope that they might blast and they become millionaires, they waste too much money only to get nothing in the end.