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?
most of these meme tokens are just speculative tokens and you can't say that they have potential since people trade them just by looking at the market speculation. if there is a whale that moves one of the meme tokens, usually later the lovers of this meme token will follow. and vice versa if there is a whale that sells, then the lovers of this meme token will follow. or because of other things that make the movement of this meme token tend to be unstable.
Well, this scheme happened with Doge Coin when Elon adopted it and it happened very clearly and the impact was a very good rise in the price of Doge so that as their community grew, they were moved by whale tweets on social media platforms. I think the scheme will be imitated. with other new memes coins