Quote from: Vincom on March 19, 2024, 09:08:43 PM

Quote from: New Money on March 18, 2024, 11:29:08 PM

I do support meme coins and I think meme plays an important role in the crypto world.

Some of the top meme coins I have purchased or I will purchase:

(please let me know if you other thoughts)

ConstitutionDAO (PEOPLE): A DAO initiative that raised over $42 million to buy a 1787 U.S. Constitution copy, demonstrating DAOs' potential despite losing the bid.[/li][/list]
-cut-

I think PEOPLE is the token of a leading DAO project in the market, where holders can vote on proposals within the network. I think it is a serious experiment in DAO in the crypto market for other projects to refer to and learn from.

SHIB is also moving in its own direction towards DeFi and Ethereum Layer-2, perhaps we will soon mention SHIB as a potential project related to technology rather than just a memecoin.

Quote from: irhact on March 18, 2024, 11:52:40 PM

But does it matter if your coins is still in the top coins on coinmarketcap, what matters is whether you made profits from your investment or not therefore if you can make profits from memecoins and change your life story as some individuals are doing, why not follow them and try your luck but don't invest more than you can afford to lose as memecoins investment are more as gambling than investing as you don't know what the outcome will be and you'll most likely lose your money.

Most Memecoin projects are pump and dump scans this is the reason you're more likely to lose your money when investing into them therefore if you don't have the ability to let go of your loses don't chase after memecoins and invest into fundamental altcoins as Ethereum that won't disappear with your money but will be active in the market in all conditions developing their Blockchain to make it more better..

The goal of investors for each token is to generate profit, not just memecoins. I also think that DOGE has affirmed its value in this market when it is constantly in the top 10 and receives investment cash flow.

Even the Dogecoin chain can completely carry value like the way Bitcoin is being used because their technology is quite similar. Litecoin has failed and been forgotten by the community, but Dogecoin still has a very large community. DOGE can completely be the currency of the internet with a cheaper price and lower transaction costs than BTC.