this post was submitted on 03 Apr 2024
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Cryptocurrency

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Does anyone know of a community that talks or speculates about the next Meme coins to explode? ๐Ÿค” I do not believe that currencies are created and rise only because of the name they are assigned ๐Ÿ™ˆ

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[โ€“] [email protected] 1 points 2 days ago

Not sure, but I don't think it's entirely logical which meme coins blow up and which ones fail. It's pretty random.

[โ€“] [email protected] 6 points 6 months ago (2 children)

meme coins

you mean scams?

[โ€“] [email protected] 1 points 6 months ago

To each their own. Do your own research and due diligence. Some of the craziest returns are from memecoins, especially on Solana -- and Base building up. The tough bit is to find a legitimate community and the timing of when you purchase.

[โ€“] [email protected] -3 points 6 months ago (1 children)

Obviously they are not currencies that you are going to keep for a lifetime or in which you are going to invest a lot of capital, but they are undoubtedly leaving profits to those who take advantage of the entry opportunity and know how to exit.

[โ€“] [email protected] 4 points 6 months ago

I feel enough people do not understand what a Boiler Room Scam is. I believe Reddit tied with COVID has resulted in an explosion of guys like this in the last five years who functionally operate boiler room scams but think they are just particularly intelligent.

[โ€“] [email protected] 1 points 6 months ago

This right here is how you know that somebody does not believe in true cryptocurrency.