Memes were a little easier to play back then than they are now, there was always risk but if you were smart you usually didn't get burned too badly. Today's seem more of a pump and dump more than anything with no real strong community or even a hope of a purpose for the tokens. I haven't played any memes this time around, there are just too many and to profit you need to be: "in the know". I sadly, am not in the know for any of them!
!hiqvote
There aren't strong communities anymore because anyone can just print memes for the purposes of just dumping them. I saw rugpulls on Twitter on a steady and one of the reasons why it's even popular is because of tweets like
"I made $500k with just 500$"
People hop on trends like this and completely forget to do research because of greed and the urge to make quick money.
It's a great way to lose $500, that's for sure!
For sure. I saw tweets like these regular on crypto Twitter and honestly the people in the comment sections wants to quickly dive in