Shiba Inu is an success story of meme which gained huge worth. People love to invest in coins which has good used case and solid project. But, recent Meme coins have changed the dynamics of investment. Now, the question arises, is it a good strategy to invest in Meme coins?
Straight answer of this question is No. As it is pretty risky to invest in Meme coins, which have no good used case. It may drop any time. Launching on centralized exchange may increase the worth of coin on temporary basis but if the coin doesn't have good use case it will struggle to maintain worth in longer run. As a result you may loose your all investment.
If you are they guy who love to take high risk you may try Meme coins. However, I will not suggest you to invest huge equity on Meme coins. It is better to invest with small amount like $10 to $20, as you will receive huge amount of Meme token with small investment.
You can try you luck. 100X from here will turn your $10 investment to $1,000 and $20 investment to $2,000. On the other hand you have a chance to loose only $10 to $20 if the worth of coins become zero. You can easily afford to loose $10 and $20.
If you are the long time investors, never invest in coins which have no good use case. Always do your own research and select solid project which has good use case. It will help you in longer run. What is your opinion my friends?
If you are the lover of Meme coins. Invest only $10 to $20 in Meme coins. You will recieve huge coins with little equity. Even you can afford to loose $10 to $20. I will opt strong projects instead of meme coins.
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.