Quote from: Wiwo on December 06, 2024, 10:30:42 PM

Just that, Many altcoins investors are finding it hard to accept the obvious truth about altcoins being just gamble, and to say a wave like memecions in which category PNUT coin belongs, just as the memecions hype is still very high, same way coins like this will follow the trends and end in the same manner, so for that we have to make up our minds as to what we can do to improve our general total well being as investors, since we are well aware of the nature of hype period like this it doesn't last long and any coin develop along with it also fade off with time.

To be more precise, memecoins are like gambling, because 99% of memecoins that appear every day are just Rug pull that will be lost and worthless,
just taking investors' money very easily.

Now, the memecoin hype is indeed a big concern, because some memecoins like $PNUT $ACT can be listed on Binance and even surprise everyone.

Indeed, this kind of trend will not last long and will soon fade, moreover, it is just a memecoin without any utility and does not necessarily have a strong community like other memecoins that are trying hard to keep growing.

Now it is only necessary to take profits and if you want to hold some until the trend finally completely fades, it becomes everyone's choice.
It will only see where the trend will end, but with the profits that have already been obtained.