I got into crypto in 2024, so I recently found I missed many memecoins when it felt like everyone was finding 20x or 100x coins back then. But the more I look into them now, the harder it is for me to take them seriously as long-term investments.
Most of what I see seems to be social media hype, something created by memes, influencers or celebrities. No fundamentals and practical value. People hoped they were early enough to exit before the next person, so all of this makes me feel like gambling rather than investing.
I was looking at some of the memecoin charts on bydfi and noticed how huge their short-term swings can be. SHIB last week was a good example. That kind of move reinforced my thought: memecoins' volatility makes them hard to justify as long-term holds.
Are you still holding any meme coins in 2026? Do you think anyone trying to invest in crypto long-term should ignore them?