Quote from: Oxbro on March 03, 2024, 02:41:02 PM

for real! Sleep dreams of gettin' rich quick can turn into a cry real fast. Meme coins?

Risky business, man. They hype you up with flashy deals, but truth is, they're short-lived. Most meme coin crews are greenhorns with little know-how. They're here just to snatch your cash and bounce. Stay woke, choose projects with solid foundations

DYOR

True, but it's the potential profits that lure in investors towards meme coins, and the creators and crews of these meme coins know they will get a lot of investors if they make a bunch of fake promises because the market has seen meme coins performing way better than their abilities and a lot of investors have become millionaires because of their investments in meme coins even when their investments weren't that high.
So it's a mind game that the creators play with investors, and to be precise, most investors in meme coins are newbie investors which means that the creators of meme coins specifically target new investors for their projects.