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?
In my opinion, there is no way to identify whether a memecoin is good or not, because it's a scam, I think it's luck or gambling, I also suggest choosing low risk coins like BTC and ETH, sometimes memes have high risk and low returns, but it's up to you if you want to invest your money. This memecoin is just a suggestion to correct me if I'm wrong
peace