Quote from: lixer on September 07, 2024, 05:49:23 AM

Quote from: FortuneFollower on September 04, 2024, 09:08:33 AM

No innovation or new use cases for them, you are right Grin

They can't be reshilled, sorta.

That's the case with every meme coin, they don't have much of a use case anyway, it's just the initial hype that makes them gain some value, but overtime as the hype fades away, they start losing traction and eventually fade away from the markets as well and another one replaces them and have the same faith over time. That's how meme coins work in the first place, it's all about understanding them.

Those who buy these meme coins late and hope that they might have another cycle of the same level of hype and provide them with substantial profits are wrong because that doesn't happen. It's better if they try their luck with a newer meme coin which might get some hype and earn them some profit if they aren't unlucky.

Holding old meme coins and hoping for a price rebound isn't wise, in my opinion.

Yeah, it's only viable if you have some info insides that the X coin is going to do massive marketing attempts + influencers piling up to try to renounce the situation.
But ordinary people wouldn't be able to use that opportunity.