Binance Research just dropped a reality check: a whopping 97% of memecoins have “died” off, with near-zero trading volumes. Turns out, all those coins we were HODLing “to the moon” mostly ended up in a black hole. 🚀➡️🕳
In 2023 and 2024, memecoins exploded faster than you could say “diamond hands,” but their lifespan? Not so diamond. For every Dogecoin or Shiba Inu that stands strong, dozens of tokens fade away, leaving only memories (and some sad wallets).
Binance’s advice? Enjoy the memes, but don’t bet your life savings. Remember, for every “moonshot,” there’s a dumpster full of tokens that never made it out of orbit. 🌕💸
$DOGE $SHIB #memecoin🚀🚀🚀 #ElectionResults #USElections2024Countdown