We all know the drill behind meme coins, just a hilarious internet jokes turned into cryptocurrencies with wild price swings. They can explode in value based on a single celebrity tweet, then crash just as fast. So basically fueled by hype and speculation.
I recently came across RUNES•X•BITCOIN (X) on X and will like to know your thought about it. It's a meme coin referencing Elon Musk, but it's built on the Bitcoin blockchain using a runes protocol. Plus, they claim to be completely decentralized and airdropped over 100,000 addresses for free! So it's got the meme part down, and the community focus.
But do you think this project has what it takes to make a lasting impact, or is it just a fleeting meme?
I think that's the perfect time to invest in these type of tokens only if you are a long term invester and you have some leisure assets in your pockets.
After halving the market has not responded like the way it should have respond so it will do better as after the dump. It does. For this strategy in your mind you can have these investments.