We've all seen and heard the stories of the 10x, 20x, and 30x gains made from trading memecoins. These tokens could be helping to bring crypto to the mainstream. I mean, after all, who doesn't like dogs?
As these memecoins develop products to grow their brand, there are many other great projects that have less media presence compared to the trending tokens. Coins like Lossless (LSS), Tribe One(HAKA), and ShareRing(SHR) provide real world value, to protect traders and investors.
As NFT gaming becomes more mainstream, digital marketing is so instrumental in the vitality of a coins initial offering, and trading activity. Memecoins, NFT artwork and gaming tokens are branded perfectly to quickly trend on the leading social apps.
Investors are waiting to see how high the memecoins will run before the gains realized transfer into altcoins with existing utilization.