Quote from: shanhaigamefi on May 29, 2024, 06:28:45 AM

Meme coins thrive on speculation and hype，their prices are driven more by sentiment and social media trends than by fundamental value.
I've been reflecting on my approach to meme coins, and it's become clear to me that their hype-driven nature has become my guiding principle. Essentially, it's become a case of "follow the money" - whichever coin has the biggest marketing budget, that's the one I invest in, aiming for quick gains. It's a rather blunt strategy, but it's yielded results.

Currently I agree with you that meme coins are currently experiencing a rapid increase due to speculation and sensation as well as being driven by social media which currently often reports about meme coins which are experiencing an increase, especially Shiba Inu which is in the top 10 coinmarketcap and Pepe which is is in the top 20 coinmarketcap.so this becomes a trend for everyone to get into.