The two blockchains, Ethereum and Solana, are the birthplace of many meme coins. Platforms like Pump.Fun is works like the meme incubators. Every day, eye-catching meme concepts have been created in these two blockchains. Because a meme coin does not require a value foundation, only the popularity is enough. Therefore, every day new concepts will be born, and die after some days.
In reality, meme coins in the entire crypto world are a hunting ground for intelligent algorithms and market makers. Historically, only a few meme coins established their foot in the crypto world, but they are also unconfident for making a long term strong foundation. In fact, the short-term price bubble of meme coins is always fragile. Investment in the long term for meme coins is not possible. Instead, the valuation of memes is continuously decreasing, and its appreciation in the future is greatly reduced.
Bitcoin is huge and leaves a very small place for other crypto projects. Today, investing in meme coins with a long-term strategy is not possible; it’s like building your profit on quicksand. Every day, you are waiting to hear the news of external liquidity injection.
From my personal experience, I have noticed that whenever the token is officially announced to launch on some exchange, its prices soar like a wild horse. Many crypto traders believe it is the best opportunity to buy low and sell high. If these coins are held for some time, they become attractive for retail investors, and they are likely to move and take over at a high price.
If you look at altcoins, it is evident that altcoins are blooming, but they never guarantee obtaining a super-high 10 times return; such opportunities for high returns are becoming less and less.
Today, the better approach for crypto investment is finding the real value of the project. The best way is to examine the technical strength and application scenarios. Do not invest blindly or follow the hype. Projects with real value are often more resistant to risks and provide you with long-term growth in a fluctuating market.
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