Quote from: Issa56 on January 27, 2025, 04:02:45 PM

Quote from: AlphaBheta on January 27, 2025, 03:05:33 PM

How long do you think this hype around memecoins, especially Solana memecoins , will last ?

Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.

I don’t think anyone knows how long it’s going to last, but you should know that meme coin is just about hype. Whenever a coin is being listed and it’s being hyped, then it’s going to pump, immediately the hype dies down, then the coin will dump, and you might not hear about the coin again, so the best thing is just to take advantage of the hype; don’t make meme coin a long term investment, because immediately the hype dies, you might not even hear about the coin anymore, and it’s going to dump. Also, I don’t always recommend meme coin investment, but anyone that chooses to invest in meme coins should do it with a little amount of money because of the risk involved in it.

This is my same approach whenever I want to invest in memes. And yes like with every form of investment, it's important that we approach them cautiously.