Recently, there's been excitement in the Solana ecosystem, mainly due to the impressive rise of memecoins. We've seen the likes of BOME, SNAP, and today, SLERF is performing well. There have been promising announcements regarding cex adoption, with platforms like Bitget, MEXC, and OKX all joining in. SLERF has already achieved a market capitalization of 400 million in just a few hours. The hype is crazy. Are you holding any?
I think the Solana meme coin has become a subscription every cycle. When Bitcoin has touched ATH, big investors in Solana flock to launch memecoins. However shitcoins are still shitcoins which always cause more victims than profits. Those of us who already understand how shitcoin works will not be too brave to take risks unless we want to just gamble, then it's fine once in a while if we want to try as long as we have cold money and are ready to lose it if the Shitcoin project is a scam. Because no matter what, Solana Season will be used by irresponsible parties to deceive beginners, and crypto does not discriminate in matters like this. Even if you are able to do research, it is not necessarily profitable because this is a shitcoin that has no meaning at all other than as a joke.