Lately, political memecoins have become very popular, such as $TRUMP or $BODEN, which refer to political elections in the US. The most surprising thing is that in some memecoins of this type the capitalization has reached 800 million dollars, which is truly crazy.
đ€The question of the day is: can you make money with this type of coins?
The answer is yes and no at the same time. There are people who really make money, and a lot, thanks to these things, but the vast majority lose a lot of money, and when I say it's a lot, I mean that their wallets can go down 100 times. I have personally seen an investor who invested 8 million dollars in a currency like these and in just two weeks his wallet was at 80,000 dollars.
đThis, like any other investment, has its risks, but it will most likely result in losses, so I would not recommend anyone enter this world. Always DYOR. What do you think about this topic?
