Where do you think memecoins will go in future?

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Where do you think memecoins will go in future?

It’s no surprise that solana has become a full hub for memecoins, it’s not even debatable that you can say ethereum is the top 1 for memes..

But most of the memecoins are still around while some of the memecoins are possibly gone or rugged.. But new memecoins are also coming in full force… I can see a lot of new memecoins coming in, based mostly on animal themed, celebrity and more.

To be honest with you guys, I can see some memecoin projects are also attempting to build actual utility beyond just being a meme. Like bringing dapps with gamified functionalities, project own app and more… So, i’m thinking there might be more onto these memecoins. what if team just brings up more and more hype and eventually get all investors and you being a holder suddenly see the team building usecases in an announcement? Could that be possibility in future?

Anyway what you guys think about these celeb or animal themed memecoins and what have you seen on the chart? is it bad or good? Just being serious cos I know memecoin in general is not even good.

Kasun Premathilake Answered question July 31, 2024
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For me, it’s only hype, just like what happened before when Dogecoin did the parabolic run especially when Elon Musk also hyping it. After that everything became boring.
So for me, Dogecoin will stay but most of the other memecoins out there will vanish and will not stay for too long. A bear market event will clean these random memecoins.

Kasun Premathilake Answered question July 31, 2024
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