Lately, I keep seeing these “memecoin carnival” events popping up all over Twitter. It seems like everyone’s hosting some sort of giveaway, and a friend of mine keeps asking if I’ve tried getting in on one yet.
I’ll be honest, I’m skeptical. I’m not anti-memecoin, but I also don’t think most of them have any real staying power. For every success story, there’s a long list of projects that just faded out as fast as they arrived. Personally, I’d rather get some exposure for free through these events if I’m going to get in at all, rather than putting any serious cash into something with “meme” in the name.
Curious if anyone here has actually made anything from these giveaways or if it’s usually more smoke than substance.
Well, you'll not be wrong to feel skeptical about memecoins and the long list of those projects that faded out as fast as they arrived. But looking at the list of Memecoins announced by Bitget for their carnival for instance; DOGE, PEPE, WIF, SHIB etc are all successful and established memecoins and participants in the carnival are simply expected to trade some of this and stand chances of earning a share of the price pool. Not sure this is a task to fret! Just feeling it's worth the show