Meme coins are just pump and dumps hoping they will catch on with enough people and keep their scam going longer. while the meme coins may offer the illusion of easy money, the reality is far more sobering, better to avoid taking risk in such speculative assets.
You've got that right! Why would anyone want to invest in "meme" coins for the long-term? After all, they're "pumps" and "dumps". The only ones who benefit are none other than whales and developers. The rest ultimately get "rekt" as market prices go all the way down the drain in an instant.
You'd only invest in a "meme" coin if you know what you're doing. For day trading or micropayments, "meme" coins does wonders. If you're looking for something serious, choose BTC or ETH instead. Hopefully, popular blockchain networks increase on-chain scalability to avoid being clogged up by "meme" coins. The future can't be predicted, so lets hope for the best.
