Post
Topic
Board Altcoin Discussion
Re: How fast can one achieve Crypto millionaire status with meme coin?
by
yohananaomi
on 03/02/2024, 23:15:20 UTC
If you mean boom meme coins like it was with dogi coin, then I think it was a one in a million chance. Its price tag was raised by a well-known person with the help of his tweets, but this did not last long, the same with other meme coins, it is impossible to predict such a price boom, because there is no technology or in-depth analysis, it is purely hype.
It is very difficult to be able to repeat something like that, and that is an exception that is only due to chance, and I agree that the probability of being able to get something like that is very high, and one in a million is to give an example that seems very unlikely to happen again.only relying on tweets and his followers believe in that and raise prices quickly but then those who speculate to buy because of influence, actually experience losses because the time has disappeared.No, and don't rely on meme coins because it is not and is very difficult to place meme coins as a reliable investment.