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!
Risky? Yeah every single on eof them. They are literally creating them out of thin air and there is no real project behind the coins. Most if they say have a project they are building is useless in terms of long term viability. The memcoin market is driven solely by greed, I'd steer clear of it.
The name is also a meme-coin, most of them are only selfish for the sake of reaping a profit, this type of coin design is only temporary and not for us to hold for as long as possible. But there are also those who really maintain the trust of their users but coins like this are very rare because most of them are just nonsense.