Meme coins are "cryptocurrencies" that were created as a lighthearted joke. However, some meme coins have skyrocketed in value, g...
Meme coins are "cryptocurrencies" that were created as a lighthearted joke. However, some meme coins have skyrocketed in value, gaining billion-dollar market caps, and gaining the support of famous celebrities. such as Elon Musk, Donald J Trump, etc.
What I’m here to remind you of today is the fact that most meme coins will NOT make you money.
Why not? If a project does not have inherent value, there’s no reason people will keep buying it. Eventually, the supply will be higher than the demand, which makes the value plummet.
And that’s only the least-scammy outcome. A lot of meme coins are scams — pyramid schemes or other types of scams. Regardless of the type of scam, most of the time, the first few people to get into a project will make money from all the people who get in after them.
New regulations and Pumpfun lawsuits are signaling the end of greatest scams in human history. NO MORE TRADING FOR MEMECOINS.
#memecoin🚀🚀🚀 #Crypto #Regulations #Write2Earn
COMMENTS