Post
Topic
Board Altcoin Discussion
Re: Are memecoins really important for the crypto market?
by
Troytech
on 16/03/2024, 23:44:20 UTC
I'm not a meme coin hater just hate the fact that they are so many of them and scammers often use them to scam the crypto community and such news affect bitcoin in a way or two. Meme coins might have in a way or two brought some persons into bitcoin since they spread quickly but often also leaves some in losses since they are far more volatile than other alts and have great tendencies to crash quickly.

This unique distinction reflects the freshness and optimism of the crypto market. Participants in this space are primarily young individuals who embrace innovation and financial exploration rather than sticking to traditional assets like gold, oil, and foreign currencies. Their optimism translates into humor, giving rise to the likes of Dogecoin and ShibaInu. The meme wave is unstoppable, fueled by the boundless creativity of human humor.

Seriously bro, the only optimism I see is that of getting quick profits from meme coins, they have no real utility and are just created for the purpose of giving huge returns and making quick profits, it's like a gamble. So yeah lots of young people woudl be highly inspired by it.