How Do Meme Coins Keep Making (and Losing) Millions?

[mendez]

Q: Are meme coins like Fartcoin actually serious investments?
Not really. Many meme coins are driven by hype, jokes, or internet culture rather than real utility. Some can skyrocket in value quickly, but they often crash just as fast — leaving late buyers at a loss.

Q: Why do people still invest in them?
Because of FOMO (fear of missing out). When a token suddenly gains traction, people rush in hoping for quick profits. The problem is most enter late, after early buyers are already taking profits.

Q: What’s the lesson here?
Just because something is trending doesn’t mean it has value. Always ask: Is this based on hype or real fundamentals?

[bonk]

love how “no utility” is somehow more honest than fake roadmaps