I recentl find $MEMEFARMS, an upcoming project inspired by Memecoin(Recently listing on Binance )and felt an urge to express my thoughts with you.
Are you one of the teams to promote the meme coin? Or are they just investors so that the meme coin becomes more well known and becomes hype like other meme coins? In fact, not only this coin has appeared, but there are lots of other meme coins that we can find for those who are new or existing on the market. and in the end we already know the ending, don't we, however only a very few meme coins can really survive while the others, well, will just die when the hype or promotion ends. because there are not many developers who can maintain the meme coin to continue to grow and survive on the exchange. So in my opinion you need to be very careful when choosing a Meme coin because it is true that Meme coins have a very high risk compared to other coins. So if you are new to the world of crypto, it would be better if you avoid the Meme coin because the risk of losing money is higher.