Despite the market, memes are still delivering. I've noticed many trending tokens like CHEEKS, MICHI, and JASON, mostly celebrity memes. They're some of the funniest I've seen, especially APECOIN, which playfully equates "aping" with investing. However, beyond the humor, APECOIN isn't just a typical meme. It tells a story of determination, depicting a primate's journey and the challenges it faces in its quest to reach the moon.
I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
There will be no new narrative in meme tokens, and in my opinion, meme tokens did not fully follow the market. The modest market capitalization makes it relatively simple for whales to pump and dump. Investing in memes is obviously quite similar to gambling.
I like how meme tokens have become one source of income for me, but there are only one or two legitimate meme tokens. I liked how it gave me 100% - 1000% results in a short period of time. This will not appear on other tokens or coins.
And if you're lucky enough, a few hundred dollars will make you the next millionaire. I frequently purchase and trade meme tokens on Bitget, and it only lists doxxed meme tokens.