I know that you have been very attentive this week to the market-leading coins that had been dormant for a long time, the MEME coins!, and in turn, you will wonder if they are stable coins or are they volatile 🤔
It is clear that these coins are not as stable as other altcoins, since they do not have projects that support them nor do they have a utility beyond humor and virality. This is why you will never be approved by institutions like the SEC (Securities and Exchange Commission) or if they are, they would be the last.
And now, we answer the question, are they stable? 🤯
They are neither as unstable as they seem nor are they as stable as other altcoins. These coins can generate short-term profits and a long hold is not recommended. Having a lot of liquidity, they are useful for making FOMO (quick buying and selling) and generating some profit. If you try this practice and lose income, simply keep them in your portfolio and sell them at another time, I assure you that you will recover your investment or end up earning some large or small amount (as long as no extraordinary event happens).
I would appreciate it if you would follow me since providing this cryptographic information requires time and is still altruistic to help novice investors ❤️