So, the big question is:
❓ Are meme coins still worth investing in today?
❓ Or is the era of meme coins officially dead?
You just said it in the beginning of this thread by mentioning some meme coins of some specific years; these coins did well then despite the crypto market citation and most investors that invested in the project made a lot of money because they took great risk and invested early in the projects.
Therefore, if you are good in altcoin investment, you will still find your way out because we are seeing projects going up daily despite the market conditions.
The only thing that is important to note is the risk involved in the investment, but the higher your risk, the greater your return.You have actually said what I wanted to hear, which is the higher the risk, the greater the return.
Then my question is are you willing to take such risk with your hard earned money?
Because by the look of things, investment in most of this meme coin are like gambling where the percentage of you ending up losing your money is like 50/50.
Though the gamblers will want to risk it, but I wouldn't do that because it's not a reliable investment too me since they aren't trustworthy as Bitcoin is.
Then lastly, if meme coin are actually dead? No they are not, they will always be there in the market, just as every other market where fake products are way more higher in quantity than the quality ones.
And you talk about those sets of investors that are still making it by investing in meme coin, yes, people are still making it, just that the percentage of those that are actually making it are just few, while the majority are losing money, so you see why it's more like gambling? That's what it is bro.