Post
Topic
Board Altcoin Discussion
Re: why meme coins are trending?
by
TimeTeller
on 22/10/2023, 19:12:42 UTC
Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

It's because of one man, Elon Musk, he is the one who started this trend since he shills it, and as long as he keeps shilling and backing Dogecoin more meme coins will follow, AI is a new trend but the meme coins still remain because Elon keeps his support to meme coin headed by Dogecoin, there's still no end to this meme coin trend because Elon is planning to add Doge to Xtwitter.
Dogecoin used to be a joke or funny coin now it has the potential to overtake some of the top coins in the market as long as it has Elon Musk's support. 
There is no meme coin trend. It's just that many people think that it's easy to make a profit on such coins. But it always turns out the other way round, buying meme coins people lose money more often. Just because there are so many such projects being created, it seems to be a trend. But in fact it is no different from other coins that are created for the hype.

Let us face the reality that most of these meme projects are just jumping the bandwagon.
They don't have real use case as their main motivation is to exhaust money from these gullible users who will jump on their project.