Quote from: Asiska02 on April 04, 2024, 04:28:42 PM

With the recent and dramatic increase in users holding meme coins, it is already passing a big message on how cryptopreneurs are ready to sacrifice some bucks in this coins and hope to get a big cash out from them in the short possible time. We have witnessed and seen how meme coins have been performing in the market with few only making it to the next bitcoin cycle. They are mostly pump and dump projects that can make you rich overnight or make you poor overnight. The interest of people in it shows how a lot of people are ready to risk their monies to get big gains in the end. I wouldn't say it is not worth trying but it is only possible if you have the zeal to do it. Nothing comes easy and most life changing opportunities always come with you taking a lot of risks in it. I still believe there are a lot of meme coins that will change a lot of people's life this bull run but while looking to invest in one and the one you are convinced about, make sure you invest what you can afford to lose.

I think some memecoin like DOGE, FLOKI, SHIB and PEPE that has good mcap are a little secure to invest in but the will certainly not bring the kind of profits new and emerging projects will bring. I have observed that once BTC start moving, this four memecoins also followed the trend. The recent memecoin project evolving from Solana ecosystem is been crazy but just like you rightly said, one should invest what they can afford to lose but unfortunately, most people are always optimistic that this new memecoin will make them rich. Sadly the victims of the dump is those that wait to buy from CEX. Most people already made money and take profit before some of this project make it to CEX.