Post
Topic
Board Altcoin Discussion
Re: Are the good days for meme coins gone forever ?
by
laijsica
on 20/05/2024, 16:07:42 UTC
Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?
I don't want to say that meme coins are bad but their behavior is not understandable. There are several memes which have good market cap compared to other altcoins which gives investors a lot of profit but price volatility makes them puzzle with right investment timing. I took some meme and was in some profit sharing and holding position. But it seems to me that most meme coins are made for gamblers and are suitable for short term investments.