Post
Topic
Board Altcoin Discussion
Re: Why are more people getting excited about memecoins?
by
Essential10
on 14/06/2024, 08:07:24 UTC
I think the reason people are really interested in memecoin right now is because memecoin can provide big profits in a short time, because the memecoin trend is currently very good, and I think memecoin is like gambling, if you are lucky then you be a winner.
Yes this can be a reason why people invest in memes because it will give profit in short period of time. But I think new investors are always curious before investing, there is a fear that if they buy a coin at a high price then it will go down again. That is, most of the newbies invest in cheap national meme coins. Depending on luck, investing in such coins can never really get ahead. But if you are a good analyst or have a good understanding of the coin then you can make a future opportunity out of meme coin.