Quote from: abel1337 on June 14, 2024, 03:01:55 PM

Quote from: Wildwest on June 14, 2024, 02:53:21 PM

There is no wise way with meme coins to make a profit from it, I doubt that many people who make big profits from meme coins are those who dare to take risks and are even ready to lose money. After I looked at the market in the near future and a few months ago, the meme coin that was leading the market with hundreds of coins appeared, to make a wise profit, choose the meme token that is currently hype or the current top level meme coin.

Yep that's true. I believe that almost 90% of memecoins created since 2020 had died and only few of them are still surviving to this date, top meme coins did a good job on creating and maintaining their community support. Today, we can see a ton of meme coins being created daily and I think that majority of those memecoin/shitcoin will just die before a being noticed by the public.

That is something we always see every day from memecoins, of the hundreds or maybe even thousands of memecoins that are born, only a few memecoins can survive, and they can also survive because there is hype, but once the hype is gone, they will also disappear from the market .
I agree with you, 90% or even more of the memes created have probably been lost somewhere. That's why I don't recommend investing in memecoins at all. Maybe once in a while we can enter, but that too with a small allocation and it's also just PSDA memecoin which can be said to be hype. We must be prepared to lose when investing in memecoins, because those of us who have been in the crypto space for a long time already know what memecoins are like.