Post
Topic
Board Altcoin Discussion
Re: Dogwifhat vs. Floki: Which Is the Better Long-Term Play?
by
Loco1887
on 24/11/2024, 22:49:32 UTC
May I know why you are interested in investing in meme coins for the long term? I ask this because meme coins are only good for short-term speculative trading because they tend to be highly volatile, and on top of that, they don't always have a very long life expectancy, which means that a meme coin might die off tomorrow because most of them don't even reveal their actual owners and use some pretextual name and profile to fool their investors.

If you are looking at the long-term picture, I would suggest that you do some research and go for cryptocurrencies that have been around for years and have never deceived their investors. They should have a team, and the project should at least be worth investing in. It should have some literal utility that would make the project stand out among the crowd because we know how saturated this space has become these days.

Isn't floki and especially dogwifhat too big
To disappear after this cycle ? Dog is nr1 memecoin on Solana