Great another useless token, whoopee. Please tell me why anyone should ever put theor money into something like this. Really, long term what does this token do that the thousands of other useless tokens don't? Hoping to drop your bag on someone? I can't wait until this pointless memecoin fad ends.
They have crowded the altcoins section with these shitcoins. Most of them have new accounts, and the first thing they post is promoting one of these meme coins that no one has ever heard of before. This may be his first post in the forum, as with the OP. Indeed, you mentioned some rational questions, so there's no compelling reason to invest in one coin over another, as they all lack utility and use cases. Most of these memes are heavily manipulated by their teams and whales. I read news 20 hours ago on Conigraph via this
link that Ronaldinho and Messi promoted the $water coin based on Solana. The more celebrities support and endorse meme coins and attract investors to them, the more the meme coins fad continues in the market despite their high risks, with many of them being pump-and-dump schemes.