How are investors copping with the hype games in memecoins
How are investors copping with the hype games in memecoins
The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.
So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
Memecoin is an important sector in the ecosystem of a network today because memecoin really has a high hype and market sensation, starting with ethereum, namely Shiba inu which managed to bring a lot of profit in the previous season then followed by solana which managed to become the current main pillar and center for the resurgence of memecoin on its network which makes this network become more popular and increase over time.
We used to think that memecoins would die because they were just an entertainment token, but no, they are getting more and more interesting and growing in community and interest, and that is the place for new hope for the network on a project to be entered by meme hunters, as the TRX network recently did.