Post
Topic
Board Altcoin Discussion
Re: Do you like Meme Coins (Pepes project)?
by
Sophokles
on 03/11/2023, 21:17:00 UTC
I personally really don't like meme coins, because there are lots of meme coins that can't last long and compete in the market, that's just for people who want to get quick profits.  because of the large number of meme coins, it also has an impact on scammers who take advantage of opportunities to create fake projects and seek one-sided profits.  lots of selling meme tokens on the web and in social media posts without any continuation of the project they built, it's really bad for the development of the meme token itself.

  If you don't want meme coins, that's your choice, and no one is stopping you, but not everyone who invests in meme coins wants a quick profit. Why did I say that? I am one of those who also buys meme coins, and I always do trading activity daily so that someone can somehow make a profit. It's not big, but at least I get some profit here every day.

  I will ask you, What do you think is the difference between day trading in meme coins and other cryptocurrencies? Day trading is also done to get profit if the method used and tools used to predict the price direction are the same.


You are making profits from the meme project every day! That will be an interesting topic to discuss if you make a topic about how you are doing this. Meme projects are only for speculation and none of them have any financial value nor will there be any. There are more than hundreds of meme projects out there but how many of them do you know about? They are all similar and if they contain so much value then they all should pump like pepe, shiba inu, doge but they don't, even though all of them have the same principles and models. If you are really holding them for the long run then I am suggesting you take a look at their business model. Just let me know if you find any revenue stream from their service that can keep the price pumping.