I wouldn't go around looking for ideas to try to predict the next meme coin boom. I think if you want to try to find one, invest in several of these types, since they come out of nowhere and go to nothing quickly. The ideal is to always invest in solid projects that have something behind them.
True. There are more random in memecoins than anything else, trying to predict something is even more pointless than with all other markets.
But aren't they at all worth exploring? People do post about the positives that they see in meme coins and how they can still be worth considering as part of a broader investment strategy.
I've also heard that meme coins often benefit from strong, enthusiastic communities that can drive their popularity. This community support can be a powerful force, sometimes turning seemingly obscure coins into major players in the market. Engaging with communities and following trends can provide insights into how to find meme coins early and potentially capitalize on their growth.
All can't be scam? yea?
It could be worth exploring as you have said, but there are two sets of investors here,
a. those who invest on solid coins and stay away from meme coins because of the risk
b. those investors who are willing to take a big risk to invest on them
And with that, I think those who are answering here are mostly on the first category. Maybe they have been in the market too long enough to understand that meme coin is a big risk and they could have experience a huge lost.
My only advise is just be careful about those meme coins, it's just like gambling and you really don't know how it will end, as you might take a big lost, just saying.
So best of luck hunting them.
