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Meme Coins / Re: Isn't this funny that there's a lot of memecoin variants?
« Last post by TomPluz on Today at 06:24:59 AM »Also wondering how many of you invested in memecoins last time? Or did you quit too soon?
I am not into memecoins and all because for me this has become like a gambling type of projects. Most memecoins are not solid and in fact they will only think of their utility cases after they achieve some level of popularity. However, that is in fact the very nature of memecoins...they are here for some people to make some money and people behind any memecoin will be gone when they see that the project is going nowhere. I can see that these days, it would not be easy to start a memecoin and I think you just need some minimal capital for this enterprise and then use some hypes to reach out to as many investing people as possible. I read somewhere that 99% of new memecoins will naturally die within their first 3 weeks of existence...am not sure if that is true but the point is that they can be liken to mushroom that will sprout abundantly and then will be gone soon after. And we have to be careful in choosing what memecoins to support, if one is really so attractive to this option and then pray that they would pole-vault x100 as soon as possible otherwise one can just be wondering what happened.