Post
Topic
Board Altcoin Discussion
Re: Have you been profiting from memecoins?
by
LogitechMouse
on 14/05/2024, 20:42:58 UTC
~
Meme coins? Aside from DOGE, all other meme coins out there are pretty much useless, and they are only there for the sake of profit. Well, other top meme coins are still making some developments on their project which is good, but most of the meme coins are being created for profit especially those low market cap meme coins.

This isn't only applicable with meme coins, but whenever a token gets listed on a popular exchange, its price tends to go up temporarily. Community behind it? The token that you indirectly shilled might have a community, but there's a chance that all of you might get scammed. After all, the ticker symbol of the token isn't that attractive too as well. It might surge 70%, but in the long run, it will go down in price until it reaches 0. NFA of course. Cheesy

Overall, I'm not profiting from meme coins, and I will not touch any meme coin as of now... except for DOGE I guess. Cheesy