Post
Topic
Board Altcoin Discussion
Topic OP
Need Advice: Long-Term Spot Investment in Meme Coins
by
Loco1887
on 16/11/2024, 11:09:13 UTC
Hi everyone,

I’ve been looking into some meme coins for a long-term spot investment and would love to hear your opinions. The ones I’m currently considering are PEPE, DOGWIFHAT, BONK, and FLOKI.

My goal is to hold them for a longer period (1+ years) and see how they perform. I understand that meme coins are high-risk and heavily driven by hype, community strength, and sometimes luck. However, I’m trying to evaluate which of these might have better potential based on:
   1.   Community support and activity. (Currently BONk has massive volume compared to its marketcap)
   2.   Utility or any real-world use case behind the project.
   3.   Team or development activity (if applicable).
   4.   Listing on exchanges and trading volume/liquidity.

What are your thoughts on these coins for a long-term spot hold? Are there any red flags I should be aware of, or do you see potential in one of them?

Thanks in advance for your insights!