Post
Topic
Board Altcoin Discussion
Re: how long do we think memecoins narrative is going to last ?
by
X-ray
on 20/05/2024, 02:27:26 UTC
Memecoins were keep launching, Listed on exchanges but continuously failed after come in market and dead after some time later and people want to make good profit before memecoins get disappear but they don't calculate the risk while they are involving themselves with memecoin community and invest decent amount of capital to get rich. But i saw these memecoins which are start launching on solana chain, got good responsed nowadays. It seems memeocin hype won't gonna end soon.
depends on which exchange the meme coin that got listed we are talking about, if its binance, almost guaranteed the meme coin gonna keep its trading volume and market cap, because most the meme coin listed in binance probably getting $500 million market cap overnight, like WIF and the likes.
the narrative aren't going anywhere, meme coin is the place where people trying to become rich overnight through taking high risk, in every bullrun meme coin just gonna appear.
I think its already a part of crypto market these days, the popularity of meme coin is as big as bitcoin because many people interested in interesting story of rags to riches by investing in meme coin overnight.
even solana right now consistently introducing meme coin that sometime hits the exchange listing after a day of being popular in the dex and garnering all the attention.
this will be a never ending trend even after decades I think.