Quote from: lalabotax on Today at 09:17:57 PM

Quote from: Abiky on March 28, 2024, 04:42:13 PM

What's your opinion on this? Do you think the "meme" coins craze will move the industry away from being a utilitarian one to a speculative one? Will the hype last forever? Do you think crypto will do fine with "meme" coins in the way?

Sometimes, to be honest, I think so too. It is quite difficult to accept the various onslaught of meme coins, which are often not worth it and do not meet the market's convincing criteria. But unfortunately, that's precisely what often appears. And in fact, this time, many parties are actually deliberately looking for meme coins to optimize the profits they can get. Here, we understand that what we want is related to profits, whatever it is. So, as long as we can optimize it, just continue using meme coins, no matter how we like them, they are sometimes quite worth it. But if we really don't like them, then just avoid them. There's no need to think about it because there will definitely still be lots of developers who will create more coin memes in the future.

Yes that's the problem because even the people they are moving away from features and utilities which a project provides and just blindly going for memecoins with the expectations that's it would provide better ROI than other coins but people shouldn't be focussing on few projects which were successful they need to look at the number of memecoins which has failed then they would realise the chances of getting profit from memecoins are very thin. Unfortunately money and greed has taken over.