Confused by or Afraid of Investing in Meme Coins? Try Using This New Perspective
Many investors take a dismissive attitude toward meme cryptocurrencies like Dogecoin, Shiba Inu, Dogwifhat, and others. None of them have any real utility or value, nor will they ever, and the fact that they're based around silly pictures of pets makes them inherently unserious investments that aren't befitting of serious, long-term oriented investors -- so the argument goes.
The coins' extreme riskiness, wild volatility, and penchant for brutal crashes seem to indicate that the detractors are correct, and the dictionary of technical terms and slang that permeate the industry make it even harder to approach.
But there's another perspective on the issue of meme coins as investments that most investors haven't considered.
Source Fool.com
