🤑 Meme Coins = Scam?🤑

In recent months, the market has been swinging back and forth, and some altcoins are showing bearish patterns. I constantly hear that during Bitcoin dumps, meme coins will be the first to suffer. They are unlikely to recover, they are a scam, and investing in memes is not the most reliable activity.

💼 Of course, I wouldn’t recommend building a portfolio solely from such coins. Yes, they can give good returns during a bull run, but market makers are often monopolistic here, so nothing stops them from pushing a coin's price below the floor.

On the other hand, I don't understand the skepticism about memes. Yes, they are not backed by serious technologies or companies. But did the loud words about cross-chain swaps and the Cosmos blockchain save investors in INJ (Injective)? Let me remind you, this coin fell from $55 to $21 in just a couple of months. And it seems likely to continue falling.

My point is simple — neither serious altcoins nor memes are safe from Bitcoin dumps. Technologies do not always help slow down this decline. However, hype is another matter, and this tool, in my opinion, is much more powerful than the complicated terms unclear to most investors.