I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?
Memecoins are cryptocurrency in the crypto space that have no value,they have less potentials unlike Bitcoin.Dogecoin is an example of a memecoin.So if your investing in memecoins it's at your own risk,you just have to choose the memecoins that skyrocketed in the previous bull run.Though with the hype on memecoins by developers and influencers most folks have been scammed because not all memecoins in the crypto world are legit,most of them are created by scammers.And memecoins are pump and dump scheme,if your investing in memecoins you ought to be an active timer of the market order for you to take your profit on time because it may dump and never pump.