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Why meme coins are good for crypto

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by COINS NEWS 187 Views

“ A rising tide raises all boats”

I see a lot of hate on this sub surrounding Shib, Doge and even Elonmars.

The fact is, marketing sells. And whether you like it or not these coins are being marketed freely every time they get in the news. This marketing is in turn creating a whole new consumer in finance.

Irregardless of their tech, tokenomics or market cap - they are getting air time other coins aren’t. For a lot of people, these are entry level coins.

This is great news! This means more people entering the market and creating more opportunities to invest in other coins.

Shib hitting a dollar is highly unlikely. Shib Holders realizing why it won’t and buying more ETH and BTC is.

Respect it.

submitted by /u/Psalms26
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