MemeCoins have been a cheap alternative for new investors looking for low prices in the hope of a significant appreciation, but the truth behind this is that most of these MemeCoins have been used dishonestly to generate value and manipulate the market. Many scams and frauds have been listed and reported every day, coins that appreciate and then suddenly 'disappear,' leaving a large hole for small and large investors.
The world of cryptocurrencies has been very successful and has shown to be very effective for those seeking returns and liquidity of their assets, like $BTC and $ETH , the 2 largest cryptos in the market. However, many new coins appear every day without a clear proposal, aiming only for 'super appreciation,' and that's where you, the investor, need to pay attention, as the cheap can end up being expensive.
Invest with awareness and study your assets before jumping into any 'HYPE' and ending up at a loss.
