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?
nobody will know until when meme coin will last, people back then said meme coin is just a fad, yet it survived until now though some also don't really retain their value that much after a while but some instead hitting ATH.
but one thing you need to remember is that with these meme, usually the money is rotating to newer one, the entire market depends on a narrative and hype, once narrative and hyper subsides, the price going down. then the money looking for another meme coin that's trending, basically pump and dump, so there's no such thing as ending if the main reason these meme coin market exist is for speculation and zero sum game.