Mid-Cap Memecoins: Worth the Risk?

[Aurora..]

 

Hey everyone, I’ve been thinking about memecoins and want to hear your thoughts.

Aren’t we just buying and selling hype with memecoins? The creators make money, and the rest of us hope to get lucky. Most people don’t profit, but a few do hit the jackpot. It feels like gambling, with most of the money going to developers.

I’m not saying I’m above it. I hold three memecoins myself, with market caps between 500M and 1bn, and I just added another one (Mongy) after its listing on Bitget. But what do you think about mid-cap memecoins with market caps from 25M to 100M? And what about those that get listed on an exchange, even just one? Are they still a big gamble? Could they pull the rug on us?

I’m torn. Part of me thinks it’s risky, but another part is tempted by the potential gains. What do you think about these mid-tier memecoins? Are they worth a try, or should we avoid them?

Let me know your thoughts!

[AntonietteK]

Investments come with risks. You could gain handsomely or lose. For maximized yields in crypto, I would recommend participating in giveaways in addition to buying newly listed coins. Bitget is hosting a Poolx event to distribute $MONGY to all who stake USDT. New listings have unexploded potential.