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.
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?
First of all, I would like to provide some basic information regarding the market capitalization rankings of the tokens you mentioned above.
1. Pepe (PEPE) is ranked #15
2. dogwifhat (WIF) is ranked #30
3. Bonk (BONK) is ranked #36
4. FLOKI (FLOKI) is ranked #46
Based on the ranking, it depends on how you view your investment. If you can tolerate high risk, you should go for Floki (FLOKI), especially since this token has been in the market for a long time which means it is sustainable. And if you can't tolerate high risk, I think it would be better for you to invest in Pepe (PEPE).