Exactly, as you said, a new project will have a lot of interest depending on the product they have. Even though it has entered the exchange with high daily trading volume, if the product they are developing is not very useful and has a very large supply, it will make This project does not have a good price.
Agree with what you say, so far we can see many projects whose prices are very cheap because the projects they are developing are not really in demand and the supply is too much like what happened with Dogecoin, imagine if the supply of Dogecoin was limited it would make the price rise.
Almost everyone is currently speculating about new projects that will lead to meme coins because they are cheap and easy, but as you said, their supply is so large that the price cannot be increased to reach the highest value. Likewise, with doge, with a large supply, there will be difficulties that will be experienced even though it is the best. When and is able to reach the highest value. When the bullish season comes, there could be another surprise.
If you want to invest in meme coins, you should reset first, because I have experienced losses in the past due to meme coins. Currently I only hold doge and shi, and plan to buy PEPE. I will collect meme coins that are popular and have a large market
Agree, but it must be remembered that meme coins are no longer looked at by most crypto holders because their reputation cannot improve to be good. It must be remembered that yesterday's meme coin increased because of the role of bitcoin, not because of its own efforts, so it can be said that it will not last long to fall.
The best meme coin is still on Doge and everyone knows that and the one that might now start to approach is Pepe.
If you want to speculate about the next bullish season, then both are highly recommended to hold, but waiting for a correction will be better.