No coin deserves to be bought because they will all end up the same or you will lose everything. I really don't understand how anyone can buy a product that is grossly created to steal money
The fact is, people buy them. Then there are another category of people who think that hey, there are stupid people that buy these coins and make them expensive, let's follow them and profit from the situation. Then the coin grows even more and finally we get shit that has value.
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Great investment oppotunity for new and active members.
I can say that now the memecoin trend is over. The average investor does not want to take the risk of putting money in memecoins that are not necessarily profitable.
From various experiences, almost all memecoins end up in vain in the sense that they are worthless, causing investors to suffer losses.
IMO, most such coins/tokens are only given away by devs to people who have influence to make those coins/tokens famous. Investors are no longer as easily swayed as Vitalik experienced in March who profited from selling shitcoins.
https://cointelegraph.com/news/vitalik-dumps-700k-worth-of-shitcoins-that-he-never-asked-forThe effort and focus made by investors in investing only in coins that have certainty such as Bitcoin, although a small part of them also put their money in several altcoins such as Ethereum.
Memecoin trend is not over, it's just that there is not a big bull run like it was in 2021. In 2025, some months after the next halving, we will see the return of this trend.
Try to convince me with a good degree of accuracy that PEPEWX is a potentially profitable memecoin for anyone who wants to invest.
I'm not going to say that memecoins like PEPEWK are trash coins, but I don't want to put my money for a long time in memes or shitcoins which have proven from my experience very rarely to get desired returns or even end up being worthless.
Even if I want to invest in coins other than Bitcoin, then I will choose altcoins with good potential such as Ethereum and several other altcoins whose prices follow the movement of Bitcoin.
Memecoins are definitely less beneficial than trash itself but the problem is that some people really make tons of profit out of it. I just don't understand why but people definitely prioritize memecoins, pictures of apes, naked girls on onlyfans while builders, manual labor and hard-working people earn tiny amount of money.