2021 was the year of Meme coins and I think next year also will be the year of Meme coins. Keep an eye on these 4 they are in my list of coins that in my opinion will explode in 2022. Always DYOR and remember they are high-risk cryptocurrencies.
1. SHIB
2. Dogecoin
3. FLOKI
4. BabyDogeCoin
I really see no future for "meme" coins other than serving as purely-speculative assets. They're driven by hype so they can either go all the way up or down in an instant. With how bearish 2021 seems to be ending, I don't think 2022 will be any different. It's all about Bitcoin these days, so if Bitcoin goes down, so will the rest of the other cryptocurrencies on the market. I'd advise people to "put their money where their mouth is" by choosing coins with a solid foundation built upon them. Crypto projects with a proven track record of development and innovation will most likely succeed in the future. It's not about hype, but rather the usefulness (utility) of a coin. There are so many projects claiming to be the "next Dogecoin", the "next Shiba Inu", or the "next Ethereum" only to fail doing so in the long run. Concrete results is what'll make a coin rise all the way to the moon.
I'd say altcoins like Ethereum, Cardano, and Binance Chain (BNB) have potential for growth because they fulfill said requirements. Who knows how the future will look like as crypto dives deeper into the mainstream? Just my thoughts
I tend to have this kind of thinking rather than thinking that memecoin is a coin that has great potential. based on function, foundation, volume, etc., I think meme coin is very much lacking in that respect, and makes me think that the potential in question is purely speculation. well, there's nothing wrong with investing in memecoin, but the thing we need to realize is meme coin is a coin that can make your money disappear in a short time.
however, responding to people who are still confused about investing, I hope they can see an investment based on what the project has. if it is a popular coin such as ethereum, BNB, SOL, ADA, and others, it is a wise choice, because looking at the coin based on its function, we can judge that the potential of the coin could be very large in the future.