I've read a lot that's not good about that pumpfun, because most of the meme coins that we know and hear about come from platforms that are under the solana network because with a very cheap amount of dollars you can create meme coins in just a few minutes.
And because of this system that exists, until now many people still rely on luck because they saw many communities still hoping that they would hit the jackpot
here with meme coins which is not really true.
I am not good at playing in meem coin so until now the buzz about meme coin has not succeeded in tempting me. Some platforms seem to survive quite well but with the process of making meme coins getting easier it is certainly getting harder to filter them. When altcoins are not given a chance in this bullrun market, meme coins are not really getting a good flow from investors.
I'm also not very experienced in trading meme coins, and many people advise against them due to the extremely high risks. The risks of trading meme coins include high price volatility, potential fraud, and a lack of real utility. Furthermore, meme coins are highly susceptible to market manipulation, especially when endorsed by crypto influencers.
Therefore, I strongly avoid meme coins because, in my opinion, they are the most volatile and sometimes illogical assets. We can make huge profits or suffer significant losses. Meme coins generally lack clear fundamentals, making them very dangerous. I only recommend meme coins for short-term trading. If you make a small profit, sell it immediately and transfer it to BTC for the long term. But if you really don't understand anything about meme coins, don't even try.