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RE: Hawh Tuah Memecoin Rug Creates Uproar. What Did People Expect??

in LeoFinance11 days ago

I've given up on memecoins because it never ends well for me.

In 2021, I sold DOGE too early in early April (ATH for DOGE happened in late April).

Bought BSC memecoins ended in a rugpull due to FOMO. Bought SOLANA memecoins using a method shared by an "influencer" on Twitter, but it didn't end well. Creating tokens on pump(dot)fun didn't work either.

I bought only 1 memecoin this time (BONK, though not many) because last year this token had a successful Christmas event. And this year they will burn tokens during Christmas and next year there will be a Chinese New Year event.

BONK went up about 200% after I bought it. Not too bad for me who always has bad luck with memecoins.

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I think we are all in the same boat with memes. Most fail but that one success gives us nice memories but they are very very dangerous. Glad to see BONK went well for you.