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. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?
Seeing from the percentages obtained, there are many meme coins out there that exceed bitcoin, maybe there are also meme coins that reach 1000% increase in a short time.
As far as I know bitcoin is the king in the crypto market. That's why memecoin can never surpass bitcoin. We all know that meme coins have very low performance and investors will never get the same profits as bitcoin if they jump here. Bitcoin longterm investment is much stronger than any other currency.