Quote from: fuguebtc on Today at 08:27:01 AM

Quote from: God bless u on June 08, 2024, 06:01:21 PM

Quote from: Waldorf77 on May 30, 2024, 10:15:55 PM

The solana meme coins could be good way to invest into real world projects.
As banks don't give money so you could collect funds with meme coins and it will start the innovation and a lot great ideas will be turning into reality becouse If there is funds people can realise their dreams.
For example building and real estate developement or any other business idea to collect funds limitless opportunity i don't know why people don't do that ?
I would love to invest something like this and then i'll get rewards or ownership of business.
Sure, you can't never trust anyone can create meme coins but If we going to risk anyways for fun and no actual use case or utility then atleast lets use it for something good.
Also can collect donations for projects and many many more ideas i would really love to invest in this way.
That will Bring more money than actually USA wall street doing it now you could collect more than fed can print money for all kind of projects.
I really love to invest into real projects trough solana meme coins they could be like company stock shares.
Just Nice it will be

All of this is ok but what about the risk that is involved while investing and holding memecoins. I have seen meme coins to drop upto an unbearable extent for the investor in hours. If someone asks me the worst Investments in terms of risk involved I'll name them as meme coins because of the volatile market.

So kindly can you comment on the impact of risk that are involved and how we can rely on some projects even though big project are not able to maintain their worth in meme coins market.

The market is going through a correction phase and the meme hype on blockchains like Solana, Ton, base is showing signs of cooling down. Many memecoins have dropped in price significantly and there isn't as much hype around them as there was at the beginning of the year. I wonder if OP is okay with just investing in memes and not having any bitcoin or top altcoins in his portfolio?

Investing in altcoins is also disappointing for many investors because we can see bitcoin rising but altcoins not rising, bitcoin falling slightly, all altcoins being severely dumped. Investing in altcoins in this cycle is facing many difficulties and challenges, let alone memes.

Yeah that's true and I think now the correction phase will start with the performance of BTc. We have seen after halving the market is so volatile and we have not gained enough performance that we all were expecting.

Now meme coins were giving profits a little but they have also became stagnant. Now we all can hope for BTC to lead the market again like the past. Otherwise it'll be a very tough season for all of us as the conditions are telling so.