Memecoin may look convincing at the moment, but for me it is too risky. After my past experiences I would not put too much trust in memecoin.

I remember when I first learned about Dextools and tried to buy WIF before it was listed on Cex and it was $0.0003. After that I was really surprised by the price increase very quickly and after that I sold everything I had when I felt I had made a profit. But it turns out that after listing on Cex, the price went 5000%+++ higher.

This was the beginning of my downfall because I felt very confident from the new memecoin and tried to buy back the new memecoin on Dextools and to my great surprise it only took me 2 minutes to lose all the value of my assets.

Since then I have always avoided memecoins and prefer altcoins that are in the top 10.