Quote from: JeffBrad12 on November 22, 2024, 01:52:41 AM

Quote from: notMeNahh on November 15, 2024, 11:44:32 AM

I find it absolutely hilarious that people make millions of funny narratives like this but I guess that's why people love memcoins

yeah it's the age of capitalizing the hype, if in other field we can also capitalize on the hype, why not in meme coin, not to mention that I think meme coin in essence is just converting hype to an asset.
like basically anything that's hype, you got one meme coin representing them.

the people who make millions usually have keen eyes to capitalize on it, either being the deployer of the meme or buying very early when mcap was still just few thousand dollars.
once the trend actually gaining momentum like how PNUT being shilled by famous people, there'd definitely be huge inflow of cash going in.

They have a keen eye for sure, but they are also taking a huge risk as well, and I am not sure if it's worth taking that much risk in this market. I get that it may feel that way, like you could take a risk and could do well enough, but in most cases we can't really take that risk since it looks like a shitcoin.

So many memes that got hyped and made people richer are just resembling shitcoins, hence I do not believe that it makes any sense to keep doing that, out of 100 memes, one becomes something you can get rich, while the other 99 are just shitcoins that crash and not make you any money. Taking that risk is useless and people should stay away. I personally do, never invest into any memes and I am not regretting that one bit.