Whenever meme coins skyrocket
There will be a wave of discussions in the currency circle
Regarding whether useless coins will rise
Is it because of cognitive limitations that it limits one’s own ability to make money, etc.
I think
Is a coin stupid?
Are there any actual use cases?
Is there a long-term development path?
Of course it is related to the price
But correlation is not absolute
Most stupid coins are worthless in the long run
This does not mean that all stupid coins will be worthless in the long run.
It doesn’t mean that stupid coins won’t skyrocket in the short term.
Price fluctuations do not necessarily have any economic background.
Otherwise, economists are the best people who can make money by speculating in stocks.
This is not just a coin
The stock market and bond market are all
All I can say is that there is nothing new under the sun.
I think some people may not like stupid coins.
But there is no need to belittle them because they will definitely not rise.
But conversely
Stupid coins are skyrocketing
There is no need to praise them to the sky just because of this.
Will it go up anyway?
Is it useful to follow
They are two things that are related but have no absolute cause and effect.
But for some reason, many people in the currency circle always like to confuse this with