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.
As for me, I didn't see any difference between memecions and gambling because you never know what will happen in the next few hours or minutes. In fact, nowadays the worst thing is that they are using memecion projects to scam people. Just imagine they will launch coins at a good price, but within a few hours everything will just be down. For anybody who wants to invest in memecions, they should just zero their mind that they will get anything from there, so that they will not go ahead and invest money in the memecions projects. I have invested in some memecions projects recently, and have lost in almost everything, and I don't think the projects will recover anymore.