Struggling to invest in which meme coin?
Below is an analysis of the pros and cons of DOGE, SHIB, and PEPE.
DOGE has a long history, stable market position, loyal fans, high visibility boosted by Musk, decent trading volume and liquidity, and relatively good stability. However, due to its high visibility, it is difficult to have explosive growth; the price is influenced by internet culture and sentiment, resulting in high volatility.
PEPE is a rising star, and after gaining popularity, it offers high returns, but the price is highly volatile, and seizing the right moment can yield high profits. However, its market position is unstable, posing high risks, and there may be situations of 'pump and dump'; its position in internet culture is still being established, making its development uncertain.
SHIB has strong community support, and its ecosystem is expanding, with projects like ShibaSwap being quite good. It has growth potential, but due to the large token supply, it limits price increases unless demand surges. Additionally, it is highly speculative, relying on market hype for price fluctuations.
Overall, now may not be a good time to enter the meme coin market; consider building positions over the weekend. Each of the three coins has its pros and cons, so choose carefully based on your own situation.
