In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit.
Bitcoin users or investors that move their into memecoin because of the recent surge in price of memecoin is a naive crypto enthusiasts.
For record, memecoin is the current player ground of BTC whales for quick profit. They dont want to loose their BTC bag, they hold their BTC while they use meme coin as a quick profit making space.
At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?
No altcoin not to mention meme coin has the capacity to challenge the dominance of BTC.
Do you think the 51.88% dominance of BTC is a joke?