Memecoin hype is dead, you are more than half a year too late. The small meme trends that you see jumping from chain to chain, after the solana trend died is just a dead cat bounce. It is nothing compared to the hype that was happening on Solana in 2024.
I have been inactive since last year. Most of the airdrop projects that I've been too were a flop and that's why I am no longer interested into them because it's not making me anymore money. Aside from that, these airdrops have been milked by the developers, they want you to sign up for them and then promises you to have a bigger allocation but you'll have to invest. That's been the mechanics lately of these projects and that's why it's no longer worth it for someone like me who justs do them when we've got a free time to use for claiming their tokens and doing their tasks.
In case of airdrops, if you follow lots of them then there are chances that you may get benefit from one or two. The success ratio of these airdrops is very low that's why it's not beneficial to invest your time and effort in meme coin airdrops. Meme coins are very risky and investing in such coins is like gambling with your money that's why investors are not willing to invest in them anymore. Take example of recent Trump coin, it has badly shattered the confidence of investors while also damaging repute of meme coins.
They are most a waste of time. If you actually tracked your hours invested in these things and the return rate, you would see that unless you get exceptionally lucky that it is waste of time.
Well, thats how hype do works on which it would just simply come and go just like the same on what happened with that BSC memecoin hype before SOL chain take place? If you haven't been able to experience it out then better check it out. This is how this market works on which there would be hype and if it dies down then it would be replaced by another one. Now that we are approaching bull run and after this one then the market resets for another cycle and this is where bear market hits and lets see on what chain will be able to make the hype and would be that having that dominance on the next cycle. Just like been said that hype do come and go and if you are that having the love for meme coins then you wont just that easily make yourself that easily give up on dealing up with meme coins specially if you had been able to experience some nasty profits on it on this current or even with those previous cycle on which we know that we've been there already.
If you are someone who had already been able to keep up with the meme hype and made out some money then you would definitely be wanting to see for another set or hype or on whatever the things that you would be able to encounter into the next cycle. If you do just that simply know on how to ride with the waves then there would be no issues but on the moment that you are losing up that much then it would be just that ideal that you should be stopping on dealing up with it. Just like been said that this is mostly like gambling on which making up some investment into something that doesnt have any utility or just that being built basing up with pure hype and interest on which it would be the reason for its price to be driven into those higher multipliers. There are those people who do make themselves that being rich because memecoin but we cant avoid the fact that there are tons who had messed up their lives because or meme coin investing.