Post
Topic
Board Altcoin Discussion
Re: Do not be pulled by the hype of meme coins
by
Jating
on 25/05/2023, 20:45:07 UTC

Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

I guess we have issues a lot of warning before, not just for this cycle, but on the previous one about meme coins because if you look at it, there are not really any use case for this project expect hype and greed and money for the creator and the people behind it.

But crypto investors don't want to listen, like your friend did, because they thought it's a get rich scheme but it's not. The only people that will get wealthy here are those groups, and then the pump and dump schemes of individuals. So again, let this be a warning to others, there could be another meme coins, like Doge, Shiba and even Pepe that will suckered everyone to invest.