@sYRpnB@The__Solstice no I am saying any coin just needs the right group to pump it and there are hundreds of tokens with less than 100M supply they can choose from to pump higher than any meme token.
@sYRpnB@The__Solstice it's idiotic to put your money in something with billions of tokens that you KNOW is going to get rugged you just don't know when but it's hot right now so you hope you are early enough to get a 20% return.
but the truth is that could happen with any coin.
@silver_pump@The__Solstice nah actually what happens is Bitcoin goes through halving cycle and people see BTC triple to 240k, they jump in, it dumps 30 percent like clockwork cuz it's only worth 120k now realistically, and they go away.
@sYRpnB@The__Solstice a lot of alts have a working platform but no users.
but the OP is right, I honestly don't know what people were thinking investing in memes
@ArhantAcademic@Yesreel_ there are 36.2 billion ADA and maybe 10 people use it. realistically it's a sub 1 cent coin . only reason why it's so expensive is it still has volume. if that drops off that is where it goes.