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I bought my first meme coin and it’s up more than my entire portfolio (sigh)

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by COINS NEWS 246 Views

How is everyone feeling regarding meme coins?

I've had a healthy gain on more prominent cryptos - ETH etc. which make up the majority of my portfolio. However, I've noticed that with a certain meme coin I'm up around 400% in a few weeks.

Does anyone else have the urge to say 'fuck it' and drop a considerable portion into a meme coins?

I'm also curious on the sentiment regarding meme coins and whether people think they increase generally with the broader crypto market, do they behave in a similar cycle as alt-coins (traditionally increasing when BTC rises then crabwalks) or whether there's other catalysts?

I, of course understand the risks of the meme coins. However, I think after some of the insane gains some people have made this year and the downright crazy success some of them have had I think it would be a bit of a shame to ignore them entirely.

I'm genuinely curious about people's strategies (if any) in the meme space

EDIT: As I've had numerous DM's the coin in question is $D0BO

submitted by /u/skewdub
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