Post
Topic
Board Altcoin Discussion
Re: Will Utility Make Memecoins More Stable?
by
coin-investor
on 28/05/2024, 15:31:58 UTC


Is this a new trend with memecoin? I know I play lots of games so I believe games can definitely attract a new niche. But will utilities like this make memecoins more stable in general?

So much depends on the kind of utility if the utility is something that will benefit the community in a long term yes they can make the coin even if its a meme coin to grow and be stable, not only that it should be updated as it progresses.

There are coins with utility but failed to sustain itself because it failed to keep up in times so they eventually become obsolete, its good to know that some memes are attaching utility to their platform this is one of the criticism of meme coins they were created to be a pump and dump.