Post
Topic
Board Altcoin Discussion
Re: Do you like Meme Coins (Pepes project)?
by
DaNNy001
on 04/11/2023, 20:55:34 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.

I am so happy seeing the price of Pepe gaining the previous momentum it had lost for a while because the unfortunate event happens. I am so delighted that the team are able to look for a better way to keep back the previous liquidity running. I was so amazed then when the market capitalization of Pepe was among the top 10 cryptocurrency in the market. It was amazing to see a new project to gain this kind of popularity in the market. This is one of the reasons why we need to look out for good projects not minding whether it is meme project or not. The aim is to make profits from the market and we need to try our possible best to achieve that.
I guess you are right, but with so many altcoins out there, there is high possible chance that you might get your hand on the wrong one when it comes to investment, thats why so many people just choose to stay with the particular coin they are familiar with which is Bitcoin bit they forget that not all altcoins project are bad, I mean take a look at this project pepe coins which gained so much liquidity in just a little time, I can only imagine how much benefits those that bought would have enjoyed.