Quote from: Tipstar on Today at 09:55:25 AM

Quote from: AlphaBheta on Today at 09:41:17 AM

Although I might be wrong, but it looks like memecoins are still leading the trend, despite the bad rap that some of them have gotten.

I say this because personally, I remember seeing TUT the memecoin on BSC, and I immediately thought about CZ's involvements with BSC and how that might translate to a token like that.

Sure enough, when I went to check what I had bought, it was already up about 84% and about 140% from the listing price. Although to be fair, in this case I got in really early.

I'd still like to know other people's opinion on what the market trend is, especially if you don't think memes are the trend currently.

If we talk about the overall trend, yes, memecoins are leading it over a year now. There are talks of different other types of AI, big data coins but none has came close to the popularity, volume and market cap of meme coins. People may argue that utility coins are more in trend but utility coins is a general name for wide range of coins trying to achieve wide range of tasks but meme coins are simple and don't want to achieve anything, they are purely hype and speculation based. Memes are where price pump and dump occurs as they have nothing to answer to anyone.

I agree, I think the simplicity is a big part of why they are appealing, and although they come with a lot of risks, examples like the one I mentioned encourages a lot of us to keep trying our luck at them.

This year, I've put money in about 4 of them, and TUT is the only one that paid off for me, I wasn't trying to be greedy so immediately I saw that it was around 0.047 I sold it, I got it a lot cheaper when it listed on Bitget, so it was kind of a big deal.