A lot of young traders have this delusion that memecoins are a guaranteed ticket to victory. Truth is that for one success, there exist thousands of bagholders. A majority of memecoins pump on hype and just vanish into thin air. Extremely few actually change the existing paradigm.
But every now and then, a few of them do blow. They break through the DEXs, pick up steam, and even get listed on major exchanges, a sign that they might have real staying power. Gork is one of those interesting cases. It listed on DEXs, and there was an excellent community surge, and now it is listed one Tier-1 CEX.
Can Gork maintain a positive streak if more CEX listings emerge? Maybe. In my book, it's a 60:40 against the green side but, you know, it's crypto. Anything can go parabolic in the blink of an eye.
What do you think?
That type of sucess expectations is what make many people lose alot with memecoins, some of the regrets that comes from most failed memecoins investors is the fact that, most of them failed to sale out their coins when they have that chance to, to be able to gain from memecoins, one need to be very smart with following the market.
Once the opportunity present itself, is important to take it, don't expect too much from the market and as far as the coins can pump so also ot can dump easily too.