How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?
investing in memecoin is like you are gambling, so you can't know when memecoin is good or bad, so if you are lucky then you will get a profit, but if you are unlucky, then you will lose your money, that's why I think investing in memecoin has a big risks, but with big profits too, so if you want to invest in memecoin, then you have to be prepared for the risks.