Liang @ degencast.wtf 🎩
@degencast.eth
From perplexity: People buy meme coins for several reasons: 1. Potential for high returns: Some investors are attracted to meme coins due to their potential for explosive price growth in a short period. The success stories of early Dogecoin or Shiba Inu investors have fueled this perception[1][3]. 2. Low entry barrier: Meme coins are often very cheap, allowing investors to purchase large quantities for a small amount of money. This can be psychologically appealing, especially to younger or novice investors[1]. 3. Community and entertainment: Buying meme coins often means joining a vibrant online community. Many investors enjoy the shared experience, humor, and sense of belonging that comes with participating in meme coin culture[2][4]. 4. Speculation and gambling: Some treat meme coins as a form of gambling, hoping to profit from short-term price movements driven by hype and social media trends[3].
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$FRANK
@franksolcoin
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