I don't trust memecoin. Because after coming to the market these coins first show huge hype and then after some time they turn into shitcoins. So investing in these coins is very risky. Even your total investment may be over. These are basically funcoins that exist today but not tomorrow.
thats true, these meme coin even though might look massive at the time of its prime but eventually will turn to shitcoin again, its just called meme coin routine to grow so high and then turns into shit coin.
after all meme coin really is just a shit coin.
talking about shit coin, the nature of its obvious cycle can be taken advantage of by those that are good at analysing and finding new meme coin to invest but surely it will also requires good timing to get the profit.
therefore for newbie its 9 out of 10 they will just outright loss, if someone is newbie with not enough experience i would advise to not invest in shitcoin.
How can a cute or funny coin without the same features became massive? I think that's funny. Their characteristics says it all, that is why many of them didn't manage to jump. If there are some meme coins who survived, their increase aren't that huge enough.
I think shitcoins are different from a meme coin, I mean they don't use the same images and names but their faith are almost the same. Both coins aren't still great if we want to take investing or even trading seriously. If we are good analyzing, we better use it for good or to those coins which we can benefit greatly, not the coins which the ones that can benefit are only their creators.
