Many of you know that memecoins are all the rage right now, but with so many to choose from, it can be hard to know which ones are worth investing in. If you're thinking about jumping on memecoin, it's important to do your research and understand the risks involved.
So personally, I'm currently holding two memecoins that I believe have the potential for significant growth: $WIF and $BABYDRAGON.
Are meme coins suppose to be hold for long time? How are you going to be comfortable holding a meme coin? We all know how risky meme coins are, and most of them are just created by scammers just steal peoples money, it’s surprising how some people are so confident in meme coin, most of them have no use case, no road map, they are just created and they decide to pump money into marketing to create awareness so that people will invest, most meme coins don’t even last, you hear about them for just few moments and they will die off, how are you going to hold coins like that for a long period of time? It doesn’t make any sense to me.
If am not investing in bitcoin, then I will rather invest in strong altcoins like Eth, BNB, Solana and many other coins, instead of investing in meme coins, I see meme coins to be a waste of money, am not saying people are not making money from meme coin investments, but the risk is just kind of high, and just little people are making money from it.