I want to hear your opinion about memecoin in the crypto market:- Do you support the existence of memecoin in the crypto market?
- Have you ever invested in memecoin? Which memecoin is that?
- Has your investment in memecoin brought you joy, profit or loss?
Yes, I really support the existence of memecoins in the crypto market because I think memecoins can provide a different color from altcoins in general and memecoins can compete with altcoins.
and I have held memecoins such as doge and shiba inu for some time, and both gave me great benefits.
The advantage of memecoins existance in the market is
It could able to create awareness to those people who doesn't know about crypto and they will be aware that memecoin and other altcoins exist.
Disadvantage is we all know that most of them are scam so it will be unfortunate for new people in the market will encounter such unfortunate situation since we might see them lost a lot of money for believing that memecoins could bring a lot of money to them, but its bad that the scamming is the one they experience from those memecoins.
People need to know that memecoins is so risky so invest only what they can afford to lose.