Those who cannot realize that investing in memecoin is risky, I think their crypto knowledge is very low. As a result, some of them get some profit by investing in memecoin and most of them lose their original capital. Memecoin is the most volatile coin. They show a lot of hype at first. For this newbie trader is interested and invests here.
People who invest in Memecoins have no idea about Memecoins. Investing in Memecoins does not have the potential to make a profit but they do have the potential to risk their money. So I think people who are smart and have good experience about investing invest in bitcoins. Investing in bitcoins is safe. Investing in bitcoins is more profitable. No one has a good idea about what happens to memecoins because most of the time. Investing in Memecoins can lead to losses.
I agree with you. I see many people trying to invest in meme coins thinking it will give them profits of up to thousands of percent. Even though investing in meme coins means you are gambling with your money. Meme coins have no fundamentals and are created just for fun so how could anyone think of making meme coins an investment option?