Have you heard the statement that all you need is a SOL and a dream?
I used to see many screenshots of memecoin traders turning $200 into $10,000, $20,000, $50,000...
Are traders still manifesting those kinds of profits these days?
Did the era of memecoins end in 2024?
Just curious!
Memecoins do not really have a season per se, most of them just come as they wish and vanish into thin air again after accomplishing their missions. But it is also not deniable that memecoins are mostly prevalent during the time of the bull market. The times are not over and you should expect them to come again very soon since the bull period is still active.
Most especially, waiting for them in the time of the alt season which is still been anticipated for to see people turning few dollars into large amounts of money. Although, the market has well been saturated and we get to see people not investing in most of this altcoins as before, they’re very calculative and most especially don’t invest in where they can’t reap good profits from. The memecoin season will come but our expectations on them as they use to be as before should reduce this time around.