Post
Topic
Board Altcoin Discussion
Re: Are memecoins really important for the crypto market?
by
CK485
on 05/06/2024, 12:36:23 UTC
In my opinion, there is purpose of meme coins is to give us profit. Even though they are useless they are also the reason why new traders are coming in which means more volume since they are grabbing the hype.  Taking advantage of cheap memecoins has benefits and the potential to gain a lot of profit in the future like Dogecoin.

It is difficult to gain profit value with a thorough understanding of meme coins that do not offer some use with unclear benefits that turn out to be not good to keep for the long term, with little profit value obtained  just as aimless hype it is difficult to get the expected profit.