Quote from: AmoreJaz on July 19, 2024, 09:08:16 PM

Quote from: Essential10 on July 11, 2024, 07:28:20 PM

Quote from: Samurai trieng on July 09, 2024, 08:45:59 PM

As time goes by, I think memecoin will continue to develop in the future because there are more and more fans of memecoin over time, but I personally am not sure that meme coin can compete with altcoin in the future, because it is based on record until now there has not been a single memecoin that stands out that can surpass altcoins,

People have become more accustomed to social media since people spent more time indoors when the world was infected with the coronavirus. I think meme coin is still trying to survive around social media. People are attracted to cheap coins because people want to eat more with less. So I'm not writing off meme coin at all, there will be ups and downs and many more coins will disappear again in the future, meme coins will go through a cyclical state. I don't want to argue here whether meme coin will rise or altcoin will fall but you need to do proper analysis and go for investment because both are risky.

Meme projects if you will try to look at the reasoning of their existence, will give you idea whether they can survive long or not. Because most of them have shallow foundation, you can expect that they won't last after the team exhausted their opportunity to pocket money as much as they can. Hence, a very risky move if you will invest your hard-earned money from these projects. But if you have the time to keep up and explore their profitability, why not? Most of them are just for short-term profits. If you fail to keep up, you will be holding worthless tokens later on.

Those things are really that good for short term and this is why you should really be that careful on dealing with it because once you do decide on holding up a meme coin then you are just basically putting up yourself
on such condition or situation that you might be able to bag a shit coin, because on the time or moment that the hype dies down then it would really be that over for such meme coins.
However, there are instances on which there are meme coins which are really that worth to hold up specially if the community support or simply the demand is really that high. Then,there would really be those
chances that a certain holder would really be ending up on having that kind of probability of becoming rich but of course these are just rare chances but odds for it to happen is really there.

This is the main reason why on why there's so much interest on dealing up with meme coins just because it is really that giving that kind of opportunity but somehow
dealing up with something like this does really involved that kind of risks level on which not everyone could really be able to indulge or someone could be easily be able to deal
or bare with it. So it would really be just that depending into someones approach.