Are Memecoins Really Bad for Crypto?

People say memecoins are damaging the crypto space, but let’s take a closer look. 🤔

This year alone, VC-backed cryptos are down 70-80%, while memecoins like $KOKO and $PEPE have brought insane returns—500%-1,000%! 🚀 So, what’s the real reason behind the backlash against memecoins?

For the first time, retail investors are on equal ground with VCs. But remember, while memecoins can bring quick gains, they're risky and often short-lived. 📉

We should be focusing on true utility tokens for sustainable long-term investments. Most people don’t have time to watch charts all day! Making smart investments matters—don’t let hype destroy your hard-earned money. 💡#mememcoinseason2024 #memecycle #BTC67KRebound #CryptoPreUSElection $BTC