Hello to all newcomers.

Why should you not buy memecoin?

Let's take the example of pepe:

The price is intentionally very low, in order to deceive people thinking that if the price reached 1 dollar, they will become millionaires by having invested little money.

But the reality is that it will never reach 1 dollar, nor 0.1 dollar, nor even 0.001, and very unlikely 0.0001 dollar.

Why?

In the picture (taken from binance lite), you can see the number of tokens in circulation, at the bottom of the page, and as you can see on pepe, there are 420,689,900,000,000 (420,689.9 Billion).

For pepe to reach $1, it would therefore have to have a capitalization of $420,689 billion.

For information, bitcoin being the most recognized and safest crypto, it has a capitalization of $2,061 billion at the time of writing this message.

Do you really think that a meme coin like pepe can compete with bitcoin???

For pepe to be equal to bitcoin (but that will never happen), its price would have to reach $0.049.

Get your feet back on the ground, even if it was 1/10 of btc, or at a price of $0.0049, it would be a huge feat.

Do your own research before stupidly investing money in memecoins.

NEVER buy when the price is rising, because you will definitely sell at a loss.

Don't think you're smarter than others, because others have understood very well how to make their profits.

In reality, memecoins are used to ruin the vast majority, which benefit a small minority.

If you are a real beginner, invest instead in bitcoin, there is a good chance that you will make a profit in the medium and long term.

You will have been warned.