Why are Meme coins so popular?
1. Investing $2000 in mainstream coins can lead to fluctuations without acquiring much, and a small increase yields minimal profit.
Real investors earn money through market cycles. They build positions during bear markets and sell during bull markets. No one can accurately predict the length of a cycle, and a typical investor with a $2000 principal waiting several years for a twofold return will likely struggle; they entered the market hoping to get rich quickly, which is psychologically hard to accept.
2. Investing in meme coins is different; it doesn’t require specialized knowledge, just FOMO buying, which is very friendly to ordinary investors. Moreover, the entire investment cycle is significantly shortened, with results visible in weeks, days, or even hours.
3. Every day, dozens or even hundreds of new meme coins launch with the slogan of fair launch, attracting retail investors who rush into various projects. Many people can't sleep if they haven't made a trade that day, hoping to hit the next big number like $DOGE , $SHIB , $PEPE , etc. This phenomenon is enticing due to the myths of sudden wealth, real-time high-frequency feedback, and fellow investors comforting each other in groups, all while aiming for high returns on small investments.
4. Many retail investors put in small amounts and multiply their investments several times a day. If the project collapses, they curse and move on, but if it rises, they all shout and FOMO together, eager for quick results, without time to hesitate, as they rush to the next opportunity.
5. The latest Elon Musk-inspired Dogecoin Marvin (7055) has a strong narrative and community consensus, constantly gaining momentum! Now with a market cap of over $7 million, it’s at the bottom; hurry up if you haven't jumped in yet!
