Post
Topic
Board Speculation (Altcoins)
Re: Where do you think memecoins will go in future?
by
Webetcoins
on 10/07/2024, 09:16:02 UTC
The answer is simple, those meme coin projects that bring actual utility for their communities are going to stay because they are going to have use cases and people will keep using them in the future as well, and meme coins that have no utility at all and have no projects or functionalities backing them up may gain temporary hype and gain some value but they will eventually die and will be replaced by new ones.

However, despite all these things, I wouldn't recommend anyone spending a lot of money on meme coins hoping that they are going to get rich by doing this because even if a meme coin has a project backing it up, it will still contain a lot of risks and one should only invest a small amount in it to try their luck so that they don't lose a lot of money.
I agree, I also feel that no one should take a huge risk on memes coins. Nowadays, many new tokens are launched in the market and some are going to be launched and most of them are being told that they will come in the market and give good profit I think they are fake.

If people have low incomes and cannot invest in Bitcoin because the price of Bitcoin has gone far out of their reach, still there are good alternative coins in the market that always have all their investors benefited and never disappointed its users then why waste even a little money on meme coins? I think if people who benefit from meme coins are only lucky and nothing else because it's just like gambling where you place your bet and hope for the best outcome.