Almost all investor knows about meme coins and the possible risk if we invest on it. But many investors also earn a big money because of investing meme coins specially when it pump during hype, that is why many people are now looking for the meme coin that has a capability of rising in the next few months or years it is too risky but if you are lucky on this type of coin you can also earn millons of profit on it.
New investors might not know them at the beginning time and that is why they are the investors fall for the scammers memecoins and also they might not know the risks involved. And why investors like to invest in memecoins because they make quick money from them. And those who are investing in memecoins always target the new ones. As they came out or launched at the first time, they would just invest on them and wait for like few weeks or months and once the coin increases in value small, they would withdraw and take their profits.
Memecoins or altcoins are very risky. I have done it before so I now the risky involved.