Post
Topic
Board Altcoin Discussion
Re: Can Meme Tokens Forge a New Era of Crypto Champions?
by
kizlod
on 09/08/2023, 09:01:48 UTC
I doubt it. Simply because no one is interested. Memcoins in the crypto community are perceived solely as a way to get rich quick. There is no other merit to these cryptocurrencies. No one is trying to look for some kind of utility, useful functions in them, or to create large communities. The whole idea of creating memcoins revolves around greed and lust for enrichment. This is why I believe that memcoins will not unite into anything.

100% agree. Memecoins have no real use and everybody that buys them, thinks it will shoot up 100% or more and they can get rich over night. I will be honest, I bought multiple memecoins myself (mainly shiba inu and DOGE) and made some nice money out of DOGE so it is possible; I just invested 50$ in it and made about 300$ from it, could have been a lot more if I sold them at their ATH lol.

Also, memecoins sometimes make people disappointed in crypto. They fall for the hype, buy it, and the it goes down and they think that the whole market is a scam or something. Well, I'm not saying they are smart, but still.