Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.
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Yeah for all those reasons I rarely invest in meme coins since I'm a long term holder not a short time, meme coins easily pump and dump just because someone manipulates them to get more profits. Personally I'm really avoiding investing in meme coins except when I have money to throw freely in meme coins but something that I like about meme coins is their community is pretty solid to build the coin together.