The biggest meme coins out there can maintain relatively stable valuations because they have strong market maker teams backing them and well-established communities supporting them.

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But a lot of these new meme coins popping up on Solana nowadays don't have any of that going on. No market making teams propping up the prices, and they haven't even had time to build up a real community yet.

It's just regular investors like you and me going back and forth in this PVP, which is why we're all mostly just throwing money away instead of actually investing.