Meme coins are now big business, despite formerly being written off as jokes.
Investors are drawn to their community participation and viral potential. The crypto market is seeing a flood of new meme coins. But will this enthusiasm last forever, or will it eventually fade?
The meme coin market saw a 9.25% valuation reduction at press time, with prices dropping for DOGE, SHIB, and others. Despite this, investors remain optimistic. Traders are on the watch for the next big crypto asset ready to capitalize and maximise profit.