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.
Yes, I think Mim coins made some hype but I don’t think people can now trust Mim coins because many mim coins have already made people’s money. So I don’t think people will invest in Meem Coin now. Mim Coin has still led tender in some cases, but some are dependent on social media and community effects. Mim coins can be basically like entertainment or cheap experiment but prices sometimes fluctuate too much. As you said, if you’ve bought some time ago, there was a possibility of good profit but it would be extremely stupid to see it as a stable and long-term success. I want to say something in terms of your question. If you’re interested in Mem Coen, it’s very important to decide on the current market situation and the ability to take your risk, I think that a wrong decision can ruin your money.
Yeah, and I didn't even buy this one for long term purposes, I saw that it was going to list on my exchange, and immediately I saw that it was about educating people on blockchain, I thought it migt do well when it listed.
I bought it as soon as it listed, and once it cleared a couple of zeroes I sold it, the price was a little over 0.05 when I sold it on Bitget. That's the way I approach all my meme coin investments, I try to get in early, and leave when the hype is already everywhere.