Is it good to pay attention to a meme Coin?
Take a look at this data and draw your own conclusions.
- Dogecoin ($DOGE ) reached a price of $0.73 in 2021. This means it generated a profit of over 20,000% in 1 year.
- Pepe Coin ($PEPE ) rose over 5,000% in 3 weeks, and then fell to less than 80%.
- 99.9% of viral digital coins do not replicate that type of success.
- On the other hand, 90% of meme coins die in less than 3 months, but the remaining 10% can multiply your money by 100.
- The most popular meme cryptos (without a doubt) are Pepe (PEPE), Dogecoin (DOGE), and Shiba Inu ($SHIB ). These projects were extremely explosive, to the point that even Elon Musk supported one of them and achieved profitability.
And what do you think, is it good to invest in a meme Coin?