TronWeekly - Binance Research cautions that while memecoins attract interest for their cultural appeal, the vast majority quickly lose value, posing high risks and making careful, informed investment essential

blockchainhorror -

https://www.tronweekly.com/75-of-memecoins-born-this-year-but-97-are-gone/

Binance Research’s analysis warns that while memecoins appeal with ideals like fairness and decentralization, 97% of those created recently are now "dead" due to minimal trading, often following pump-and-dump schemes.

Despite high interest, most memecoins fail to maintain value, exposing retail traders to potential losses.

Investors should remain vigilant and well-informed, as memecoins’ speculative nature and high turnover make them highly risky assets prone to market manipulation.