Quote from: Godday on September 02, 2024, 04:47:06 PM

Quote from: Wakate on September 01, 2024, 07:35:30 PM

It is very important for us to understand what meme coins actually are and why we don't need to wait for too long before we sell off our meme coins especially if it is not a solid project. Their are thousands of meme coins in the market right now and it is good we should choose wisely before we buy because many of these meme coins are being hyped and when the hyped has ended, the price could starts dropping continually.

We can see some meme coins on the TON network that can be an example that meme coins are not for long term holding. Notcoin had some popularity when it was first released. But now its price has stabilized. And since it is a meme coin, I don’t think there is any reason to buy it again. Then there was the popular Hamster airdrop but it seems like the participants still haven’t gotten paid. Right now Dogs is the new popular meme coin. But its price is very very cheap and many people are complaining. So I think if you are not betting your money on the crypto market, buying meme coins is not a good option right now.

Meme coins price will gradually decline it's a nature of meme coins, these are pump and dump coin so meme coins will not stable for long time, every new coin make hype in the early stage then start dumping so notcoin and dogs are not different. But everyone will never buy meme coins, mostly sellers who participated in the airdrops, they don't complaining because they got free money, who's buy such meme coins from their own money they are complaining after price dropped.