You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!
Memecoins are currently flooding the market with hard hit and as you asked and I will say it is risky because scammers will also use this opportunity to launch fake airdrops to scam people. My country government warned all the citizens to avoid investing on the Davido memecoins because it is a scam project. Right now celebrities have join the scamming game of launching fake airdrops.
Though I am not saying that people should not invest but if you must invest, invest wisely and don't invest and enter the wrong memecoins to be scammed.