Post
Topic
Board Altcoin Discussion
Re: Understanding Memecoins: A New Phenomenon in Crypto
by
CK485
on 14/08/2024, 11:49:18 UTC

one thing that make them popular is they have low barrier of entry, memecoins are often priced low, making them accessible to a broader audience, including new and small-scale investors who might be looking for "the next big thing", but i read somewhere that only 15 out of 1.4 million memecoin is success. that mean to much popularity that some people take advantage of that to creating pump and dump scheme. also influencer lot of them promoting memecoins.

It is true that meme coins are in great demand at a low price with many options to offer, where you can easily buy and several cryptocurrencies including meme coins, I think by developing a community about its development, and being actively involved, in increasing the potential success of your meme coin, by involving the use of various strategies that include active participation in online communities with several opportunities available, to create a new wave in digital investment.