New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover.
  • jay_edwards@monero.town
    2·
    4 days ago

    Yeah, took part in several projects, in the result, I swapped all these memecoins on Exolix and Trocador, gained $200 USD which are not worth of spent time

  • Rin@lemm.ee
    1·
    4 days ago

    Well yeah… their value is derived from popularity and most of them are pumps and dumps

  • key_brolin@monero.town
    2·
    5 days ago

    Wow, unbelievable, unexpected. I am gonna use Monero further and and don’t think about these memecoins at all