Quote from: justdimin on July 20, 2024, 05:42:23 AM

Quote from: Solanastrong51582 on April 22, 2024, 12:55:48 PM

People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?

Marketing does seem like the correct answer I agree with that. Making people excited about "hddminingtokennumber72" is a lot harder than making them excited about "donkey token" or whatever. I don't know if there is actually a donkey token, but if there was, I am sure it would have done fine. In the end, we are talking about something that's taking a bit of a time before people realize that its not about the name or the hype or anything, but about how much money you can make from it.

If you keep working towards a goal, you are going to do fine. I believe that we should be considering how we could grow with the market. NFT is nearly done, and I doubt it will get bigger, but right now it looks like memes are not there yet, I still think they will be.

There is even a meme coin for water at this point (WATER), so I wouldn't be surprised if there are many of them thematically attached to donkeys.