How long these people would still fall for this or how long they will realize that a meme coin is just a hype coin used by Elon and his influence? Be it on a social media or with his meme coin everything is just temporary somehow, someday Elon and his meme coins will fall but I bet Elon wouldn't left without gaining enough profit after that. Floki, Inu, Doge it doesn't matter what its names he will be the one that would make more profit at the end of the day.
I hope people realize that.
People are only following the hype, so they will invest in a "meme" coin even if it doesn't provide any real value to the mainstream world. Elon Musk knows this, as he's been "shilling" these coins for his own benefit. I'm afraid most people will become "rekt" due to immature decisions on the crypto/Blockchain space. Floki Inu is just another "shitcoin" that will see its demise faster than you'd ever imagined. The same can be said about Shiba Inu. Dogecoin may be the exception, as it's one of the oldest cryptocurrencies in existence with a large community behind it. But the cryptocurrency itself has no intrinsic value, since it was only created as a "joke".
Instead of focusing on "meme" coins like Floki Inu or Shiba Inu, people should focus on serious cryptocurrencies for day-to-day use. Only then, the crypto/Blockchain space will mature. For what I know, "meme" coins are extremely risky investments. But if you know how to play your cards right, there should be nothing stopping you from making profits out of these coins. Just my thoughts
