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.
thats the thing, many people keep thinking as if they gonna make money by investing in meme coin, the truth is, out of 1000, only 1 make money and that 1 person make money off the other 1000.
doesn't seem like a good deal to me, not to mention the fact that 1 person could be very well the devs themselves.
which means its just market full of manipulation and nothing more, therefore I don't think its a good investment better than ordinary coin even if it fluctuates a lot and give chance to make money but hardly you can money by going against the manipulation. its better off to invest in some ordinary coins like bitcoin and ethereum waiting for the right time.