Investing in meme coins

[nomad]

I have invested on multiple memecoins like dogecoin, Shiba inu, pepe, and floki. I have made good profits by investing in pepe and floki, I did not make profits with dogecoin but I did not make any loss either. However, I made a huge loss with Shiba inu. Have you invested in any meme coin? Did you make profits or did you incurred losses?

 

[Suba]

At first I only invested in memecoin in Doge and SHIB but since the price continued to erode, I took a cut loss to avoid bigger losses on SHIB. but until now I still hold several thousand doge.

 

[Etini Willie]

I have been asking myself the value propositions that meme coins have and really can't find any. That's why I can't ever invest my hard earned funds on meme coins.

 

[Suba]

The popularity of meme coins is only momentary, especially when they are endorsed and get tweets from famous people, so many retail investors are interested and buy mmecoin, and the price will rise but not long after it will be destroyed, only Dogecoin is the original memecoin.

 

[Cam]

I just think these meme coins are the definition of a pump and dump. Famous people (like Elon) talk them up, but they’ll cash out at the perfect time.

 

[Ratine]

I have never invested on the meme coins for sure. I really don't have any idea about that.