• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Expert analysis on the current state of the meme cryptocurrency market

Expert analysis on the current state of the meme cryptocurrency market

user avatar

by Max Nevskyi

2 years ago


Founder of the investment company SharesPro, Denis Astafyev, noted that every day a vast number of new projects emerge on the meme cryptocurrency market, operating on the Solana blockchain. However, in his opinion, the majority of them do not survive. The expert believes that only a few projects will stand out and achieve success.

Astafyev emphasized that key success factors for new meme cryptocurrencies include not only the originality of the idea but also the team's ability to attract investments to promote the project. However, investing in such digital assets carries a high risk due to market instability. According to him, many of these coins are analogs of "lottery tickets," where the chances of success are extremely unpredictable.

The expert stressed that attempting to profit from such "pyramids," knowing that they are doomed to fail in the end, is a misconception. Instead, he recommends considering investments in fundamental cryptocurrencies, backed by technological potential and established innovations, with experienced investors and user bases. In the specialist's opinion, such digital assets represent a more stable and justified investment option with a lower level of risk compared to meme cryptocurrencies.

Expert Michael Gerlis, representing the ecosystem of services for mining emcd, noted that the success of meme cryptocurrencies is driven by PR and marketing. He expressed the opinion that "those whose owners can better organize these processes will succeed." While the expert himself prefers more reliable investment options with a long-term strategy and has a negative attitude towards speculation in the market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

UK Lawmakers Call for AI Stress Tests in Financial Sector

chest

A cross-party group of UK lawmakers is calling for regulators to implement AI-focused stress tests to prevent potential disruptions in the financial sector.

user avatarDavid Robinson

Impact of MakinaFi Hack on DeFi Landscape

chest

The recent hack of the MakinaFi protocol highlights systemic risks in decentralized finance and emphasizes the need for improved security measures.

user avatarZainab Kamara

Experts Clarify 7.5% VAT Application on Banking Services in Nigeria

chest

Experts clarify that the 7.5% VAT applies only to service fees, not to the actual money transferred or deposited.

user avatarSon Min-ho

Nigerians to Face 7.5% VAT on Banking Fees Starting January 2026

chest

Nigerians are facing confusion over the introduction of a 7.5% Value Added Tax (VAT) on certain banking fees, effective January 19, 2026.

user avatarJacob Williams

MakinaFi Suffers Major Ethereum Hack

chest

MakinaFi was exploited on March 21, 2025, resulting in a loss of 1,299 ETH, valued at approximately 413 million.

user avatarAndrew Smith

Market Reversal Following Geopolitical Tensions

chest

A sudden reversal in digital asset inflows occurred after outflows of $378 million hit the market, influenced by rising geopolitical tensions over Greenland and renewed threats of additional trade tariffs.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.