Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: Yamane_Keto on August 13, 2024, 04:21:18 PM
-
This is a success rate of merely 0.0001%.
The meme coin sector is one of the most challenging markets for achieving sustained success. According to research, out of more than 1.7 million meme coins launched on Pump.fun, only 15 have managed to maintain a market capitalization of over $10 million for multiple weeks.
https://beincrypto.com/only-15-meme-coins-out-of-millions-survive/
(https://beincrypto.com/wp-content/uploads/2024/08/GUl0se6bkAAhGg1-850x282.jpeg.optimal.jpeg)
At best, the probability of success is 1.4%, which means that diversifying into more memecoins is a losing investment.