Post
Topic
Board Altcoin Discussion
Re: How can I understand meme coin good or bad position?
by
btc78
on 19/11/2023, 13:59:32 UTC
Memecoin concept is, such coins are created without having any purpose. That's why we usually see that, memecoins pump a lot first one or two days after add on exchange to draw attention, then it lost liquidity and being traded with so called volume. Then how can you expect good thing from such coins? Only shiba, doge able to existed and gained popularity. Otherwise all memecoin fail and disappeared. It will be wasting of time if you search for something good in memecoin

lots of people can say that memecoins have given them profit this is because they knew exactly what to do many memecoins will be seen with a promising value then will disappear later on hence why they’re best for short-term investment only

learn how to spot a memecoin early on check on social media platforms which ones are at trend and search about the market it’s best if you get ahead of everyone instead of buying only once it’s already at its peak