Post
Topic
Board Altcoin Discussion
Re: Are memecoins really important for the crypto market?
by
EarnOnVictor
on 10/02/2024, 10:32:41 UTC
Do you support the existence of memecoin in the crypto market?
Of course, I do. They've made the cryptocurrency market more exciting, though without them, the cryptocurrency market would still be as it is no, no difference envisaged in my opinion. But nevertheless, they are welcome developments.

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Have you ever invested in memecoin? Which memecoin is that?
Yes, I've invested in a few of them like, MEME, SHIB, DOGE, PEPE, FLOKI and more.

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Has your investment in memecoin brought you joy, profit or loss?[/li][/list]
Well, in some, yes, but in SHIB, no. I've invested and gained in virtually all of the meme coins I invested in, to the point that my last investment in $MEME earned me more than double of my investment.

But with what I've lost in SHIB, it will take time before I recover it. I invested in SHIB in 2021 at that time when it was just getting ready to fall long-term. I suffered a huge loss which will take at least a year of good bullishness to recover and SHIB would have moved at least x4 of the present price before that will be possible.