Meme Coins -- Long or Short? 🤔

All memecoins have pumped significantly in the past three days, following $DOGE rally. After Elon's departure from crypto space, there is no inherent driving force for DOGE.

Following DOGE pump, prices of$SHIB $FLOKI $BONK have also jumped. The growth of these AltCoins is correlated with the growth of DOGE. Memecoins will be the last of the coins to be considered a Security by SEC. They have no inherent value and only motivated by FOMO. This is why, Memecoins should be Shorted in the long term.