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
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