I think it is really risky for investing in meme coin. However, there are many fastidious investors who buy meme coin because of the possibility of getting rich very quickly. Besides, a lot of meme coins can be purchased with a small amount of money and if a big hype is created, then more profit is available.
In short, high risk, high reward.
Most of the meme coins right now are scams and only for hype. The best example for me is Shiba Inu, after the hype, Shiba Inu started to dump.
The only remains calm and still on top is the king of meme coin; dogecoin.
So for me, Dogecoin is a must memecoin you should have on your portfolio.
What about pepe, what do you think about it? Investing in memes is really risky but undeniably the big profits it brings. moreover, if we look at dogecoin, I find it better and more potential than the top altcoins and always say they have good technology. indeed, any investor who is intending to invest in memecoins should not ignore dogecoin.
I have also recently accumulated quite a bit of dogecoin in my portfolio for the next bull season, I bought it for less than $0.07 and am making a substantial profit. but I won't sell it until it crosses $1 and goes higher, sounds crazy but we'll see that next bull season.