Meme coins are often criticized as scams, worthless, or just a joke in the cryptocurrency market. Opponents often argue that these are projects lacking a technological foundation, having no real utility, and are only inflated by hype on social media. However, most of these criticisms actually stem from a desire to get rich quickly without thoroughly understanding cryptocurrency.
In reality, meme coins accurately reflect the nature of financial markets: speculation, community, and crowd psychology. Some meme coins, like Dogecoin or Shiba Inu, have developed beyond their initial 'joke' status, building strong communities and real applications. Those who see meme coins as merely scams are often individuals who have invested without knowledge, expecting enormous profits in a short time without a strategy. When they do not meet their expectations, they blame the market instead of taking responsibility for their decisions.
Of course, meme coins are not always a safe investment, and there are many projects that are indeed 'rug pulls' (scams). But instead of criticizing in a one-sided manner, investors should delve deeper into the market, identify risks and opportunities, rather than relying solely on emotions and biases. Personally, I only need small profits and safe projects for my wallet, and do not speak out saying that others are scamming because no one can take money from your wallet without your consent; it is you who willingly gives your money to others, which is your greed!
