Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
I'm not a fan of the memecoin frenzy. It feels like a bubble waiting to burst. Without proper documentation and plans, it's hard to trust these projects. I hope the market will eventually shift back towards more legitimate and well-established cryptocurrencies It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
