Sense

topic of the day /sense 
memocoins is a hype or a long term investment?

🔸️in fact it's a hype investment. Meme coins might be more useful to people who are interested in the community of users or the meme itself but they usually lack utility, purpose, or new tech exploration. Since their value is pegged to the online hype, they are also a highly speculative and volatile investment.
🔸️ That’s not to say that meme coins generated in more recent years don’t have utility as some can, but meme coins were originally created as a joke

Pros and Cons of Meme Coins
🔸️Pros
Fun asset type to use to learn about cryptocurrency and blockchain technology

Generally much less expensive than other cryptocurrencies

Potential participation in an active investing and trading community

🔸️Cons
High risk and volatility

Often over-hyped by developers or a community

No uses other than being a token

painter🎨&Trader📈📉📊🤘    
Success is not built on success. It's built on failure. It's built on frustration. Sometimes its built on catastrophe.

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