Memecoins always work like gambling with a rare chance of giving a return on investment because they have no use case, and devs work for their own interest;
I do see people that invest in meme coin as a gambler also, I don’t really see much difference in them. Meme coin investors are so crazy, I see no reason why someone will invest in a coin, and will be praying for luck to happen. Meme coin investment depends on luck, just pray you identify the right coin, and you buy at the right time, and sell at the right time also. When it comes to bitcoin investment, technical analysis doesn’t always work. I don’t even know how meme coins investors are making profits, because the loss is always much.
