Post
Topic
Board Economics
Re: Let's use the cryptocurrencies and blockchain techology for good idea
by
btc78
on 01/06/2024, 03:05:29 UTC
Sorry to ask mate but do you know about meme coins? They are literally fun and nothing more. Anyone on solana can create a contract for one, add a customize image and launch and with proper marketing, you will earn more than you invested if the project goes well but majority of them are scams and fraud that launch nonsense that later defraud people their hard earned money, is that the idea you want term as good idea? Maybe with other coins or preferably Bitcoin.

Memecoins are made from memes which give it that fun element however I think some people nowadays tend to use memecoin wrong. Even if it is not exactly inspired by a meme, they call it a memecoin. It can be profitable if like you said they succeed and you take advantage of that success. But if you don’t want to deal with too much risks, memecoin may not be for you.