How long do we think memecoins narrative is going to last ?
How long do we think memecoins narrative is going to last ?
I know there have been a lot of discussion about memecoins during their prime. Especially when Bonk and shiba 50-100x some people’s few weeks ago but then again the rise of new memecoins like OMNI which I stumbled upon, the first memecoin distributed on multiple chains with liquidity pools, and powered by the groundbreaking protocol LayerZero. It offers something truly unique in the world of memecoins.
Isn’t it too late for that? I know in crypto there’s nothing like been late but what I mean is. Just like we have Altseason, meme season etc.. Is true they have good community and I realised they have been listed on Bitget, Mexc etc and I also read some places that they have plans of getting listed on Binance.
Now, do you really think this memecoin will do a thing especially when I believe the meme season is over
Meme coins with their lack of innovation and purpose should not have thrived to begin with, and yet here they are, so if you have strong reasons to believe that a particular meme coin could do well and you want to invest in it, you can do it, just remember that meme coins are investments that entail a huge risk, and personally I would never invest in one, since even if the potential profits are high, I really believe the risks that you are taking by investing in them are many times higher.