The Observations and Thoughts of Meme Coin Enthusiasts
As a worker who clocks in from nine to five every day, I was both shocked and confused to see news about a Pump raising $600 million in 12 minutes, with a valuation of $4 billion. The craze for meme coins feels like an 'overnight wealth myth' on the internet, enticing yet daunting to jump into. For us workers, saving up some money is not easy; how can we dare to go all in on such high-risk ventures? However, seeing friends post screenshots of their meme coin investments doubling does create a bit of FOMO.
The popularity of meme coins seems to stem from a combination of community meme culture and speculative psychology. Platforms like Pump have lowered the barrier to entry, leading retail investors to rush in and drive up valuations. But to be honest, we workers are more concerned about stable returns; coins driven by emotions can rise quickly but also fall hard, and the risk is extremely high. If one really wants to play, it should be with some 'spare money' to test the waters, not with living expenses.
The market's frenzy for meme coins appears to be an opportunity in the short term, but in the long term, it resembles a gamble.
