Post
Topic
Board Altcoin Discussion
Re: how do you think meme coinis?
by
BRINIRHA
on 01/06/2024, 02:55:18 UTC
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?
Meme coins are speculative and only rely on hype and the strong drive of community cohesion. So in this case it is quite difficult to determine or choose which memecoin has potential. But everything can probably be seen from the growth of their community itself.

The interesting thing about meme coins is that they can provide large increases, even 100x or more. But the drawback is that we can experience quite large losses in a short time. So it is better to avoid it if we are not ready to take the risk.