I am avoiding all of these meme coins except Doge because i am using it for a long time in gambling sites but the rest does not even have a use case other speculation and pump and dump
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No shitcoin/memecoin could be like Dogecoin.
Except If a filthy rich man like Elon would try to shill and pump a specific shitcoin, It could pump but cannot sustain like how Dogecoin was sustaining his value before the Elon hype.
People has become crazy about following and investing in shitcoin with no real use cases is just so annoying.
They're taking the risk to a much higher level. No shitcoin would pump If nobody puts an hype into it, and the most hardest part is to choose which shitcoin will you choose amongst the thousands in the market.
You've quoted the wrong guy mate.
But the sure thing that will happen is that bitcoin is going to recover no matter what will be the altcoins that are being hyped there. They're living in pure hype and that's scary because you'll never know if your money is worth it upon investing it to those meme coins. That is the reason why it's better to invest to bitcoin or any altcoins that you've known for quite a while.
The entire cryptocurrency market is all about hype and expectation and the prime example is the recent rally in ETH even before the fundamental issues are sorted and we are yet to see the complete upgrade and well before that investors started to accumulate the coins in huge numbers and then the DeFi hype created the real scary hype and then comes the meme coins and looking at their success there are several other coins popping up as well.
I am avoiding all of these meme coins except Doge because i am using it for a long time in gambling sites but the rest does not even have a use case other speculation and pump and dump
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Not the entire market. Bitcoin has been in hype whenever it pumps but when there's the sudden drop, the hype gones and most of those people who got FOMO are also going out of the market quickly. Because they're all thinking the same that the market is a rich scheme market but they can't classify it because they're only thinking about making money so quick. Good luck in your holding Dogecoin, I still find it has a huge market and you'll never be left on it if the volume remains the same and you've got a companion on it and that's Elon but you should be prepared if Elon stops talking about it.
