• 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

AAVE Price Set to Surge Toward 125 Following Chart Pattern

chest

AAVE shows signs of a potential rally toward the 125 price level as it forms a familiar chart pattern.

user avatarRajesh Kumar

Ethereum Foundation Hosts First App Town Hall to Discuss Future of dApps

chest

The Ethereum Foundation is cohosting the inaugural App Town Hall on November 18, 2025, to discuss future plans and developments in the dApp space.

user avatarLucas Weissmann

AAVE Crypto Price Stabilizes Amid Strong Performance Metrics

chest

The AAVE crypto price has stabilized at a key support region, despite strong performance metrics indicating potential for a significant rally.

user avatarEmily Carter

Nevin Shetty Convicted of Wire Fraud for Misusing $35 Million in Crypto Investments

chest

Former CFO Nevin Shetty was convicted of wire fraud for misappropriating $35 million into risky DeFi investments, leading to significant financial losses.

user avatarTomas Novak

Ethereum Achieves All-Time High in Network Performance

chest

Ethereum has reached a record average of 24,192 transactions per second, sparking discussions about its scalability and future growth.

user avatarFilippo Romano

Uniswap Experiences Surge in Interest Following Governance Proposal

chest

Uniswap has experienced a surge in interest following the introduction of the '34UNIfication' proposal, which aims to enhance value for holders and modernize treasury roles.

user avatarKaterina Papadopoulou

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.