#meme币狂欢 Is Everything a Scam?
Since the launch of Dogecoin, the number of meme coins has become countless.
The original purpose of launching meme coins was for entertainment, community interaction, and collection.
However, the recent market and rules surrounding meme coins have long since devolved into an opportunity for issuing organizations to manipulate prices for huge profits.
The value of these meme coins now, to put it bluntly, is just a short-term trend and a fleeting moment of community exposure, and they are not suitable as long-term assets or investment tools for borrowing money to turn around, because these coins have no substantial intrinsic value.
When issuing organizations launch new coins, they can do so at a very low cost, and then leverage the power of social media to hype up the traffic, causing the coin prices to soar.
But it's all an illusion; when the coin value is hyped up to the selling point set by the issuer, the price immediately crashes, and you may not have time to sell.
I advise everyone not to borrow money to bet on meme coins; otherwise, the consequences could be dire. Meme coins can indeed yield huge profits when they rise, but when they fall, you often can't react in time to sell.
If you really want to buy meme coins, please use the idle assets in your account to make the purchase.