Post
Topic
Board Altcoin Discussion
Re: Memecoins lose $20 billion in market capitalization since May
by
Charles-Tim
on 19/08/2024, 02:51:55 UTC
Losing $20 billion in less than 90 days is no small feat, and the future of the meme coin market remains uncertain.[/i]
This is not a surprise because it is expected. They will create a coin, people will buy and pump it and later dump it and move to other coins. Meme coins are not different from altcoins. If you want to gamble, gambie with them. If you do not lose money but lucky to gain from the one that you bought, sell it as fast as possible.

So the future of the coins is that people will buy them and later dump them and move to new coins. The new coins will become old and they will also dump it and move to a new one and so on.