Post
Topic
Board Altcoin Discussion
Re: Why are more people getting excited about memecoins?
by
Essential10
on 11/06/2024, 10:28:41 UTC
I think the coins like doge, Shib, Pepe etc have changed the perspective of meme coins among people. These coins have set a trend of giving 100x on investment upon meme coins.

It was because of the move SHIB did that is one of the reasons why the interest of people into meme coins has increased though I must say that SHIB made so many people rich because I no of people who made huge money from the coin, Doge is also good but in terms of price movement I think SHIB has more than Doge and since then people has always believe that more coins like SHIB still exist and that's why they keep investing on alt coins, I'm not against it but people should always be cautious about there investment.
Both SHIB and Doge were popular in the past, but the coin are still on the market.  We went through a period in the past when SHIB & DOGE in value tremendously, some individuals made huge profits from these coins.  Currently several meme coins have entered the market, offering high prices and trying to attract the public.  SHIB and Doge have been laying for so long that there is no guarantee of what they are going to do next.  Although many are expecting a bullish price from the coins in the coming bull season but I don't think that will increase much.  These coins are not totally unsuitable for investment, but invest according to your decision here so that you don't regret later.