Can a meme image turn into a token?
My understanding: Many newly launched meme coins are concentrated in the hands of a few addresses, and when large holders sell, they can send the price crashing.
Dogecoin (DOGE) was launched in December 2013, originally created as a joke by two programmers.
My current rule of thumb: I only touch meme coins with spare money I can afford to lose entirely, and I decide in advance under what circumstances I’ll exit.
$DOGE is one of the oldest meme coins.
My understanding: Many newly launched meme coins are concentrated in the hands of a few addresses, and when large holders sell, they can send the price crashing.
Dogecoin (DOGE) was launched in December 2013, originally created as a joke by two programmers.
My current rule of thumb: I only touch meme coins with spare money I can afford to lose entirely, and I decide in advance under what circumstances I’ll exit.
$DOGE is one of the oldest meme coins.