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.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
For those who do have that experience then we've been through into a meme coin season on which BSC chain had become that the main trend on which tokens or meme on that particular time was really that popular and coming back on $SHIB on which we know on how popular it is. Now that we are on a new market cycle then this is the year for $SOL meme based tokens but somehow there are still on other chains that are having some considerable meme coin counts but of course when it comes to volume then we can say that solana based meme coins are really that have more.
In speaking about investment options then its good for short term but for long term? Nah. It will really be that a huge problem if you do so because we do know that these meme coins will really be having that only have that one huge pump then die forever and create another new meme coin and this cycle continues. This is why you should really be careful on what you are dealing into.