Actually collecting profit from meme coin is a surprising phenomenon because some number of people get good profit from this meme coin but most people take loss here. If a meme coin enters the best exchange then you can trust it. But if they don't do any development activities then you have to understand that they are scammers. Many meme coins are operating staking system and they charge big money as reward which is really tempting risk.
This is because when they see the successful stories of those people that invested in the Doge coins, they thought the same when some of these new meme coins were first introduced to the public and money people are aware of their existence and also the cheap price helps a lot to gather huge numbers of investors at that time that's why the price suddenly rise, and many people are also successfully gain a decent amount of income because of it. You can even judge the coin by its usage because sometimes meme coins like these are in huge advantage compared to some coins that have a real purpose in the world.There can be only so many people who buy the bottom before the price starts to rise and you will be part the rest of the people who did invest during the peak, and can now only hope for new peak.
