Older thread but do people really believe that memcoins will have another run? When does a fad go parabolic, fall back and thrive again when the underlying token is useless. These coins are all useless why would it have multiple runs in the thousands of percent? Think about it.
meme coin that are already hitting that huge market cap aren't gonna be having parabolic at least thats what on my mind, after all, who insane enough to put their life saving in a coin thats already hitting high market cap and think oh yeah it will hit yet another all time high and ahve even higher market cap because as you said there's quite literally zero utility that these meme coin present.
these meme coin exist just because they can exist not because they are here to solve some problem, pepe, shiba, doge coin all of them are definitely not gonna have good run in current bullrun.
even right now i havent seen any new meme coin going up again because pure hype from people.
hopefully though the current circumstance just stay this way because its better that these money are flowing to the better project instead of the meme coin.
because we are talking about real huge money here.