Does anyone know of a community that talks or speculates about the next Meme coins to explode? ๐ค I do not believe that currencies are created and rise only because of the name they are assigned ๐
this post was submitted on 03 Apr 2024
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you mean scams?
To each their own. Do your own research and due diligence. Some of the craziest returns are from memecoins, especially on Solana -- and Base building up. The tough bit is to find a legitimate community and the timing of when you purchase.
Obviously they are not currencies that you are going to keep for a lifetime or in which you are going to invest a lot of capital, but they are undoubtedly leaving profits to those who take advantage of the entry opportunity and know how to exit.
I feel enough people do not understand what a Boiler Room Scam is. I believe Reddit tied with COVID has resulted in an explosion of guys like this in the last five years who functionally operate boiler room scams but think they are just particularly intelligent.