Re: Are memecoins really important for the crypto market?
Meme coins are just another category out of all the coins out there.
Now are they important? I don't know about most of the meme coins out there, but the only meme coin I believe is important is DOGE because it's the first-ever meme coin. All the others are just there for investors to gain some profits.
I don't see meme coins as important, but one thing's certain. Meme coins are here to stay for different reasons.
I want to hear your opinion about memecoin in the crypto market:
- Do you support the existence of memecoin in the crypto market?
- Have you ever invested in memecoin? Which memecoin is that?
- Has your investment in memecoin brought you joy, profit or loss?
1. I don't know what's the definition of "support" but if that means investing in meme coins then no.
2. Yes I invested into meme coins. The first one is a meme coin called SAFEMOON, but I lost more than half of my capital investing in it. The next ones are BONK and CORGIAI where I just flipped them.
3. Overall, it's a loss. I got profit from BONK and CORGIAI though, but the profit that I got trading those 2 coins isn't enough to cover my losses that I got from SAFEMOON.