How long do we think memecoins narrative is going to last ?

157 viewsGeneral Discussions

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

Trevor Moraes Answered question May 16, 2024
0

I think there still is the possibility for a coin to make returns however I wouldn’t put my money on a memecoin if I am expecting 50x-100x. Unless of course you find something worthy to invest on. You can definitely still buy memecoins and get profit but only if you hold short term and nothing more. Otherwise, I think it would just be bad news for you.

Trevor Moraes Answered question May 16, 2024
0
You are viewing 1 out of 2 answers, click here to view all answers.