Is It the Summer for Meme Coins?

Market data indicates that the leading meme asset on the Solana blockchain, Bonk, has surged from around $0.0000001900 in October last year to approximately $0.0000473253 recently, marking a nearly 250-fold increase in six months. In recent days, DOGE and SHIB, both of which experienced significant gains during the previous bull market and are now considered mainstream assets, have also seen gains surpassing the industry average. According to market data, DOGE has more than doubled in value over the past two weeks, while SHIB has seen gains of over four times in the same period. With low costs and high gains, meme coins tend to trigger FOMO sentiment among the public during each bull market cycle, and this cycle is no exception.

Is it the summer for meme coins? Apart from these mainstream meme coins, are there any promising meme coins in their early stages worth investing in?

Are we back to 1 DOGE = $1 memes?

Floki

elipa said:

I can't advise to save/hodl meme coins due to experience, most meme coins are at low cost price which you can choose to invest on for long term, six or few month hodl meme coins might not be profitable.

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Do you think it has potential?

There is nothing supporting these meme coins so when crash will happen here, lot of people will be burnt.

cniueng said:

Market data indicates that the leading meme asset on the Solana blockchain, Bonk, has surged from around $0.0000001900 in October last year to approximately $0.0000473253 recently, marking a nearly 250-fold increase in six months. In recent days, DOGE and SHIB, both of which experienced significant gains during the previous bull market and are now considered mainstream assets, have also seen gains surpassing the industry average. According to market data, DOGE has more than doubled in value over the past two weeks, while SHIB has seen gains of over four times in the same period. With low costs and high gains, meme coins tend to trigger FOMO sentiment among the public during each bull market cycle, and this cycle is no exception.

Is it the summer for meme coins? Apart from these mainstream meme coins, are there any promising meme coins in their early stages worth investing in?

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Yes, there are still some promising memecoins. Invest with the money that you can afford to lose.

Let me tell a litle story about how i ended up to hold $candle.

I'm in crypto since from 2017, not a "professional" trader, or youtube influencer(on the contrary, I hate those crypto influencers, except for a few, and if I learned one lesson it is this: just beware of any coin recommended by these influencers because 90% are insiders and you will be rugged) but i learned my lessons which cost me a lot. I have rug pulled many times

Long story short 2 month ago i landed in $SLERF, but unfortunately i aped in at the bottom price. After that i saw a twitter post from my friend about the $Candle launching by BullBNB(if you are serious in crypto you know him), to be honest, to me he is the most honest person from the whole f***ng Twitter, aah and rich+modest

The total supply of $candle at launch was 1 billion, BullBNB bought 775 million tokens and burnt 755 million!!!

After that he Burnt 400 $Sol worth of $Candle which he bought aswell. Thats 60K USD

He created this for the community and gave us to manage and grow(Practically he assured a Rug-Proof memecoin) and told us that after 90 days the party will start(in this time period the jeeters will fall out and so on).

Currently the team are in a full development of a brand new site with some utility, and we are going to do a lot of stuff(i'm a meme creator).

Just do a search on twitter with these: $candle or #candle to see how hard we are working

The current Mcap is 1M because of the 80% supply burn, else this wou.l be at 11M. For those who are in crypto, they know well what this means. A 100X minimum from the current price.

Also we have a donation address where the community members can donate for the future marketing things. Last time BullBNB donate 12 SOL

Guys, i have just one request for you, just please join to our Telegram Group 24H ONLY, if you don't like what you will see there (what kind of people are there, what is the atmosphere like) you can leave, and even you can report me here on Reddit.(I am so confident in this).

If you are joining please don't forget to mention that you are from Reddit(Roy's post) in this way we can know that you are coming from here

Here is the links: https://linktr.ee/candlecatofficial

We are really trying to gave back the trust for the whole SOLANA blockhain where everyday 100 of new rugpulled project are created.

Guys i know it's sounds strange especially from an unknown person, but this is really a chance of your life

I would like in a few months to have more comments on this post thanking me for changing your life for the better with this post.

Thank you very much and have a nice day

yes summer will be good

Seems like this is the fastest get rich quick scheme right now