Talking About #Meme Coins
By 2023 and up until September 2024, countless #meme coins have been created. Meme coins featuring animals such as cats, dogs, frogs, and monkeys have emerged, and theyâve shown massive price increases. As a result, people are now searching for information from all over to invest in newly created meme coins in hopes of making a profit. Naturally, if youâre lucky, you can make a lot of money. However, if youâre reading this, you should realize that this probably wonât happen.
Meme coins also have a certain system. While there hasn't been a truly successful #DeFi project yet, unless you're one of those who bought in extremely early at very low prices, or unless you're someone who can take moderate profits and sell everything, it's nearly impossible to expect massive gains.
Currently, when Bitcoin or altcoins have low trading volumes on exchanges, it's difficult for meme coins to gain enough volume to drive price increases. However, trends change, and I believe it will happen soon. The flood of meme coins being created right now looks like the #NFT craze from a couple of years ago, and I believe they will also drop like autumn leaves.
Lastly, to survive in this market, I believe it's better to buy $BTC or solid #altcoins . Just my personal opinion.
