3 Important Things to Keep in Mind When It Comes to Meme Coins

While meme coins have been around for more than a decade now, it's only in the past few months that they have really tipped into the mainstream. Social media influencers, celebrities, and even high-profile politicians have launched meme coins, and the total valuation of the meme coin market is now more than $50 billion.However, if you're counting on meme coins to help you become a crypto millionaire, think again. Here are three important things to keep in mind the next time you're tempted to invest in a meme coin.Five meme coins now have a market cap above $1 billion, led by Dogecoin (CRYPTO: DOGE), a dog-themed meme coin with a staggering $30 billion valuation. With a market cap like that, surely there's some value somewhere, right?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool