Quote from: GAM ACHEH on November 22, 2023, 01:31:07 PM

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

Very good topic OP, You are quite right that meme coin having no roadmap, no team and also no other details which we often check before choosing the best project but it is fact also that rising speed of meme coins is much higher than Solid and long term projects.

People who was thinking that btc was the only coin which pumped very high and maybe no one will get this type of coin. When meme coins launched especially Shiba , Pepe and Floki this thought is proved false and people made a high amount just in the matter of 2 months. I am not saying that memecoin is competitive of btc as there is no coin who could beat btc even Ethereum cannot but in term of profit yes meme coin couldn't be forget.

Meme coin are riskier also and one have to first complete research about total token holders and community detail before entering. If we invest small amount which we afford to lose then investment in memes coin is not bad.