I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.
Come to mind about on whats happening on SHIB on which it is purely a meme coin which is really that next or been inspired on DOGE and now it did really make that huge increase in price despite on being on the bear market or simply much still higher compared into those previous years prices. Wayback, it doesnt really have that usage or utility or even up to now until it did make out some development and
ending up on creating that Shibarium which is something that hasnt been launched. Therefore, we could really say that there's still possibility that a meme coin would really be able to develop itself when it comes
to utility which is something that might happen on PEPE as of this moment if ever this one would surpass or the next SHIB as they say.
Speaking about future, theres no such thing about being assurance about a certain coins future but in speaking about utility and recognition then it could possibly happen despite
of being a meme coin. We know that this market does have all the possibilities on which it could be able to happen.