Post
Topic
Board Altcoin Discussion
Re: "Meme" coins are ruining everything
by
Mate2237
on 01/04/2024, 14:38:53 UTC
Meme coins and NFT's are part of cryptocurrency, whether we like it or not. They are simply too popular with whatever this generation is. I think we should avoid them in order to avoid financial ruin. They are not serious investments.
Meme coins play both a positive and negative role in the cryptocurrency market. Yes, they make cryptocurrencies a little frivolous and clog up blockchains. At the same time, they force developers to improve blockchains and increase their scalability. But the concept of usefulness and uselessness will still be decided by the market, as with all cryptocurrencies up to this time. Everything that is superfluous and unnecessary will disappear over time. Therefore, there is no point in worrying too much about this.
Meme coins play both a positive and negative role in the cryptocurrency market. Yes, they make cryptocurrencies a little frivolous and clog up blockchains. At the same time, they force developers to improve blockchains and increase their scalability. But the concept of usefulness and uselessness will still be decided by the market, as with all cryptocurrencies up to this time. Everything that is superfluous and unnecessary will disappear over time. Therefore, there is no point in worrying too much about this.
[/quote] And add it to what you have said memecoins also create the market competition in the cryptocurrency ecosystem market and why why memecoins are rampage in the ecosystem because of bitcoin when the transaction was very high, developers used that opportunity to developed coins so that people would used it since bitcoin transaction fee was very high.

But all in all the risky in memecoins are still high. And in the bull run, they are not increasing in value but just stagnant. Ethereum which I think will increase just stable in one place.