You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
Whether we like it or not, meme coins are here to stay. The prospectus of profit are huge so are the risks involved.
The benefit of meme coin is it is more community oriented and if you enter early you have potential to becoming a millionaire overnight. But the journey won't be as pleasant for every coin. And finding out which of them would work out and which not does determine the the success you may have.
There are also some meme coins which has established themselves among large altcoins and are finding utility of their own. It won't hurt to keep a small portfolio of new and old meme coins.