Post
Topic
Board Altcoin Discussion
Re: Solana memecoin is trending on twitter..
by
LogitechMouse
on 18/03/2024, 16:19:23 UTC
~
Are you holding any?
No. The risk is too high for me to invest into any of these meme coins.
They are just becoming popular because of the hype surrounding SOL but when the hype of SOL fades, so does these meme coins.

Developers are just taking the opportunity to create a meme coin, put it on SOL blockchain, and wait for it to become popular. I will not touch any new meme coins especially those who are overhyped right now like those meme coins on SOL blockchain. If I will buy a meme coin, I'll pick those old ones as they are lesser risky than that of these new ones. The reward is lower of course, but I don't care. Maybe some can just do a short trade on these ones, and still can make profit through these exchanges like Bitget. Beware of the risk though. As for Twitter, I've been using it for quite some time, but not because of meme coins, but for airdrops.

Expect the worst for these meme coins especially those who are popular right now.