I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
Please DYOR and don't take any of this as investment advice. I'm curious about the new narratives emerging for memecoins. I also find the excitement of getting into early projects quite interesting.
You observed the market well, I saw that also. The big players are dipping but most memecoins are pumping and allowing their investors take profit. Only the very greedy ones who are not fast to sell off once the memecoins they have begin to pump are the unlucky one. Memecoins are high risk and most of those who put their money in it have to know it. Those who are going to depend on comments here to invest without researching those coins should have themselves to blame if they loose their investment. You said it well.