#doge⚡ #shiba⚡ #mememcoinseason2024 #meme_coin #DOGSONBINANCE

The explosive growth of memcoins: what's behind the popularity?

Memcoins such as Dogecoin and Shiba Inu have become a phenomenon in the crypto market, attracting the attention of investors and a wide audience. Their popularity is due to a combination of humor, meme culture, and potential profit. According to a study by BDC Consulting, an average of about 40-50 thousand new memcoins are created every day, indicating a high interest in this segment. However, only about thousand of them reach listing on prominent sites, which emphasizes the high competition and risks in this area.

Is it worth investing in memcoins, given their high volatility and low success rate?