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In trying to summarize the mindset of the meme coin investor, Forbes came up with this: “Buying a meme coin is like asking a gambler at Foxwoods why they like playing roulette. Because they ...
If you intend to invest in meme coins, you need to be prepared to lose everything. Just think of all the Dogecoin investors who bought in at the market top of $0.74, only to be stuck with an ...
Deciding between a major cryptocurrency like Ethereum (CRYPTO: ETH) and a meme coin like Shiba Inu (CRYPTO: SHIB) should be an easy choice for most investors. It hasn't been an easy time to hold ...
In promoting the meme coin, Trump told supporters to “Have Fun!” The website selling the tokens says they are meant as expressions of support and not an investment opportunity. The coin’s website said 200 million Trump meme coins are currently available, with plans to issue 1 billion over the next three years.
A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic. [1]The term is sometimes used interchangeably with the term shitcoin, which typically refers to a cryptocurrency with little to no value, authenticity, or utility. [2]
Meme coins have gained renewed popularity, but before jumping in, investors should understand the extreme risks. September Saw a Surge in Meme Coin Value. Here Are 3 Tips for Investing in Meme Coins