I just don't get it. What puts such a intense hype on meme coins?
What is the use case scenario for all this? I see a very interesting SOL project listing all these new Memecoins like Slothana or Dogwifhat
and just dont get the actual use case for it? I mean, dont we have enough memecoins on the market already with DOGECOIN or SHIBA INU?
I hope someone can help me to unterstand this
What is the use case scenario for all this? I see a very interesting SOL project listing all these new Memecoins like Slothana or Dogwifhat
and just dont get the actual use case for it? I mean, dont we have enough memecoins on the market already with DOGECOIN or SHIBA INU?
I hope someone can help me to unterstand this
Solana Blockchain was getting attention as solana was recovering and then some individuals decided to launch memecoins on the solana Blockchain and as they began to get attention more and more memecoins on the Blockchain began to come out. There's no user case of memecoins it's just hype and since solana Blockchain was getting alot of hype it was the prefect place to use in launching all this Memecoins. They will fail eventually as we can't have all this memecoins existing.
Therefore you don't have to invest into every memecoin that you see as many of them will not make it until the end of the year. They're getting hyped as we're getting closer to the bull market but after that they'll die and new ones will be launches again and it will be the same founders of this memecoin that are dying that are launching new one and making money again while those buying are always losing money.