Post
Topic
Board Altcoin Discussion
Re: Craze for Meme coins never ends?
by
radjie
on 19/12/2023, 10:31:31 UTC
Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.

This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.

To read about 1000 to 100K journey: Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

The risk is too big to try your luck buying Meme coins for trade, especially if you spend quite a lot of money.  However, luck can come to anyone, by chance it could be that people who buy Meme coins can get multiple profits, but this opportunity cannot come a second time because the increase that occurs in Memecoin will not last long like other types of Altcoin