I've noticed meme coins often have little to no real value and are heavily influenced by market speculation and hype. I am interested in investing in cryptocurrencies that are trusted and have a strong team behind them. I'm looking for coins with a clear roadmap, a strong community and a transparent and trusted development team where the points don't fall into the characteristics of meme coins. I think it's better to explore stable investment options than to be uncomfortable with the unpredictability and rapid price swings associated with meme coins.
Well, it was always the case with memecoins, they don't have any real value besides hype and, you guessed it, memes. But most memecoins after DOGE don't really care about memes and are just trying to get hype and money, at least I see it like that. I avoid this market because of that.
They only exist just because of hype and there are lot of token creators just take advantage on peoples greed that's why for newbies this is not good investment choice for them if they want to invest on crypto since from that tokens the more faster could lose their money its because the dev is already rugged and there's huge risk for them to lose their money if they insist and believe on those devs promises.
For newbies better they avoid those tokens and practice their skills on top coins since they have more better chances to learn there but as well the risk to lose their money is so low since even if the price of the coin they bought dump there's still a chance for them to earn it back.