The only reason ? GREEDY ATTITUDE .
that is what many fails in this market instead of earning because they are not contented in what those coins
might experience .
those are what they called GEM? never that I do believe in this thing because what we are facing more or less
is failure. risk is normal but this is if we knew what type of project we are supporting .
Hidden gems are indeed that existing specially into those projects which does have that actual utility but if we do speak about with those meme coins or with those shitcoins in the market
then this is something that cant really be known or something that cant be predicted. There's no way that you could really be able to point out that it is really that something that could pump out into the moon.
It is really just that community hype and support and recognition is really just that too powerful and this what makes that a certain meme or shitcoin could pump into 1000% or even more.
This is why tons of people are really that a fan on dealing up with these projects or coins just because of those kind of hopes that being getting rich.
On the moment that you are seeing those huge returns on social media specially with those meme tokens then you cant really be able to resist not to consider on not to invest or throwing up some bucks
because you would really be definitely be having those kind of hopes too that you could be able to make huge money or return on the moment that you do dive in.
That's how powerful the news is. It really affects all of the people who are into trading and they rely on those people who think they will gain a huge profit by following the trend. But, this kind of altcoins/meme coins has a real purpose on the market to increase the market value and attract new traders/investors which I think is really good for the market.