Скачать или смотреть Meme Coins Aren’t A Scam; Here’s Why!

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Meme coins are extremely volatile since they have no use other than for trading. While cryptocurrencies in general experience greater volatility than traditional currencies, meme coins take that volatility to a whole new level.

Meme coins' unique design is one of the factors contributing to their dramatic value fluctuations. Meme coins sometimes have an unlimited supply, which means there is no limit on how many of them may exist, in contrast to fiat currency and the majority of cryptocurrencies.

Last but not least, the extent to which a meme has become viral affects its worth. For example, Dogecoin's value skyrocketed after Elon Musk and Mark Cuban supported it. But as soon as the excitement passed, it fell off its high horse.