from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one.
Web:
https://schoolofmeme.fun/In my opinion, memecoins are primarily for fun and lack inherent value. They don't offer the kind of utility or technology that would make them essential to own. When considering investing, I think it's crucial to gauge the project's community. If there's genuine enthusiasm and engagement, it could lead to increased demand and price appreciation. However, I believe the hype surrounding memecoins tends to be short-lived due to their lack of intrinsic value.
Ultimately, the decision to invest in memecoins rests with you. But always remember, as you mentioned, they carry a high risk of turning out to be scams.