DeSci-Based Memecoins: The Next Bullish Narrative?

[Coincollector]

Hey everyone, how's the week been so far?.
I’ve noticed a surge in DeSci (Decentralized Science) memecoins lately, with names like RIFSOL, URO, KZL, and BIOACC topping the charts. 

Are there any meme traders here? What’s your take on this trend? Could DeSci-based memecoins be the next big narrative in the space? 

[Mia Chloe]

Hey everyone, how's the week been so far?.
I’ve noticed a surge in DeSci (Decentralized Science) memecoins lately, with names like RIFSOL, URO, KZL, and BIOACC topping the charts.
Are there any meme traders here? What’s your take on this trend? Could DeSci-based memecoins be the next big narrative in the space?

Most traders don't fancy the idea of trading tokens without analysis. Meme coins are way  too volatile for a trader to dilve into the market without first understanding the market behaviour and characteristics of the token like volatility and market dynamics.
If you observe carefully most traders prefer to trade coins and tokens that are already popular because of the high liquidity present . Most times traders only trade those new tokens and meme coins during the very first period of their launch when investors are still much in the market.

[Coincollector]

Hey everyone, how's the week been so far?.
I’ve noticed a surge in DeSci (Decentralized Science) memecoins lately, with names like RIFSOL, URO, KZL, and BIOACC topping the charts.
Are there any meme traders here? What’s your take on this trend? Could DeSci-based memecoins be the next big narrative in the space?

Most traders don't fancy the idea of trading tokens without analysis. Meme coins are way  too volatile for a trader to dilve into the market without first understanding the market behaviour and characteristics of the token like volatility and market dynamics.
If you observe carefully most traders prefer to trade coins and tokens that are already popular because of the high liquidity present . Most times traders only trade those new tokens and meme coins during the very first period of their launch when investors are still much in the market.

That's true. Memes is a quick fix not really a trading strategy.. that's true. You trade memecoins?

[TomPluz]

Are there any meme traders here? What’s your take on this trend? Could DeSci-based memecoins be the next big narrative in the space?

I am not actually into memecoin trading or investing but I am overserving this part of the cryptocurrency industry as more and more people are drawn into it all because of memecoins' potential to really create millionaires (though there are also many risk as there can be rewards, one should note that all the time). Now, we all know that from time to time the memecoin industry is changing according to the narratives that attracts support and activities. Unfortunately, there is no solid ways we can determine and know in advance what can be the next big hits...all we can do is speculate and maybe just be watching that you can be able to ride right at the time when some memecoins will be taking off.

[Mia Chloe]

That's true. Memes is a quick fix not really a trading strategy.. that's true. You trade memecoins?

Not really. I'm not much into meme coins as well as trading them though I understand the basics of how they work and some common market behaviours.

Unfortunately, there is no solid ways we can determine and know in advance what can be the next big hits...all we can do is speculate and maybe just be watching that you can be able to ride right at the time when some memecoins will be taking off.

Volatility is literally the key. It's either it turns out positively for you or it ends up the other way round. Like I always say if you are looking to make cumulative profits probably in the form of Hodling over a long period of time then meme coins isn't for you. However, if you are looking to make huge risks with high potential profits over a very short period of time then meme coins could be one of the best picks. The risk margin is the main thing.