Have you observed the significant number of project launches featuring the name "PEPE"? If you check the recently added list on CoinMarketCap, you'll notice that approximately 90% of the project names include "pepe." Lately, meme coins have been experiencing a remarkable surge in market capitalization. What are your thoughts on meme coins and the prevailing trend of pepe-related projects? Personally, I wasn't initially a fan of meme coins, but it appears that they have gained considerable hype. I'm curious to know your opinion on meme coins as well. Have you invested in any of them?
Yeah i also noticed that. Once a project that makes a x1000 appears pretty much out of nowhere it only takes a few hours and the first projects appear that have exactly the same name, sound similar or that are just adding another word to it like PEPEAI or PEPEX or whatever. I have to say that this kind of impostor projects are the worst that happen in crypto. I mean meme-coins as a whole are totally useless and harmful for the crypto space in my opinion, but some of them at least find a own name and are creating hype around it.
Those impostor projects are literally doing nothing they just create a new token alter the name a bit and that's it. No one should buy those tokens.