Certain new investors in the market go for memecoins and they actually make up the back bones for funding these projects that mostly yeild little or no results. I prefer buying alts to memecoin, despite hearing news of smart traders that has made fortunes through them, but it's just like gamblers winning a jackpot. The number of profitable ones has always been low, and unpredictable. To be fair some alts are sometime just as bad if not worse, at least with the popular meme coin there's no insider allocation but most of alts got 80% of coin allocated to insider . As from my experience, meme coin yield better result than most of alts, because alts' so called innovation are actually just gimmick, but with meme coin that have huge FDV, it's basically just a market of pure speculation. Though this can still be argued. Alts can be bad but won't wipe away while you sleep. It could be saved for a while, unless for new ones with no strong market value. Memecoins as you said could be beneficial and profitable, yet the dangers of it which I'm not fine with is the massive fall in price, when it climbs. Also no use case is another part of it that derails the interest of some investors. Even with the huge FDV it's not certain how well the memecoin would go. Doge has being around over the years and the hype around it is not yet over, but the rest of the memecoins that follows Fun88 Wallet isn't a nice fit for investment.
Certain new investors in the market go for memecoins and they actually make up the back bones for funding these projects that mostly yeild little or no results. I prefer buying alts to memecoin, despite hearing news of smart traders that has made fortunes through them, but it's just like gamblers winning a jackpot. The number of profitable ones has always been low, and unpredictable. To be fair some alts are sometime just as bad if not worse, at least with the popular meme coin there's no insider allocation but most of alts got 80% of coin allocated to insider . As from my experience, meme coin yield better result than most of alts, because alts' so called innovation are actually just gimmick, but with meme coin that have huge FDV, it's basically just a market of pure speculation. Though this can still be argued. Alts can be bad but won't wipe away while you sleep. It could be saved for a while, unless for new ones with no strong market value. Memecoins as you said could be beneficial and profitable, yet the dangers of it which I'm not fine with is the massive fall in price, when it climbs. Also no use case is another part of it that derails the interest of some investors. Even with the huge FDV it's not certain how well the memecoin would go. Doge has being around over the years and the hype around it is not yet over, but the rest of the memecoins that follows Fun88 Wallet isn't a nice fit for investment.

Certain new investors in the market go for memecoins and they actually make up the back bones for funding these projects that mostly yeild little or no results. I prefer buying alts to memecoin, despite hearing news of smart traders that has made fortunes through them, but it's just like gamblers winning a jackpot. The number of profitable ones has always been low, and unpredictable. To be fair some alts are sometime just as bad if not worse, at least with the popular meme coin there's no insider allocation but most of alts got 80% of coin allocated to insider . As from my experience, meme coin yield better result than most of alts, because alts' so called innovation are actually just gimmick, but with meme coin that have huge FDV, it's basically just a market of pure speculation. Though this can still be argued. Alts can be bad but won't wipe away while you sleep. It could be saved for a while, unless for new ones with no strong market value. Memecoins as you said could be beneficial and profitable, yet the dangers of it which I'm not fine with is the massive fall in price, when it climbs. Also no use case is another part of it that derails the interest of some investors. Even with the huge FDV it's not certain how well the memecoin would go. Doge has being around over the years and the hype around it is not yet over, but the rest of the memecoins that follows Fun88 Wallet isn't a nice fit for investment.

Certain new investors in the market go for memecoins and they actually make up the back bones for funding these projects that mostly yeild little or no results. I prefer buying alts to memecoin, despite hearing news of smart traders that has made fortunes through them, but it's just like gamblers winning a jackpot. The number of profitable ones has always been low, and unpredictable. To be fair some alts are sometime just as bad if not worse, at least with the popular meme coin there's no insider allocation but most of alts got 80% of coin allocated to insider . As from my experience, meme coin yield better result than most of alts, because alts' so called innovation are actually just gimmick, but with meme coin that have huge FDV, it's basically just a market of pure speculation. Though this can still be argued. Alts can be bad but won't wipe away while you sleep. It could be saved for a while, unless for new ones with no strong market value. Memecoins as you said could be beneficial and profitable, yet the dangers of it which I'm not fine with is the massive fall in price, when it climbs. Also no use case is another part of it that derails the interest of some investors. Even with the huge FDV it's not certain how well the memecoin would go. Doge has being around over the years and the hype around it is not yet over, but the rest of the memecoins that follows Fun88 Wallet isn't a nice fit for investment.