CRYPTO CLASS: SEASON 1
Meme Coins or Shitcoins can be called sewage coins or joke coins
It is a coin that has grown to be very popular with Crypto people as it can give you a profit even 1000 times your capital in a short time.
In this Crypto season, shitcoins have grown to be widely available in Blockchain called Binance Smart Chain (BSC) via a website called Pancakeswap and to purchase you must have a balance of BSC coin called BNB and be in the Trust Wallet App, you will use the address of your coin to purchase it
We are usually accustomed to Coin growing with a particular project for people to invest.
Meme Coins are so many, some of them are
- Doge Coin
- Mona Coin
- Shiba You
- Banana
- Cum Rocket
- Doge Swap
- Safe Moon
The largest Meme Coin is Dogecoin and is dominated by the rich cookie Elon Musk
Dogecoin was created as a joke with the aim of teasing people that nowadays people create stupid coins so he created his own called Dogecoin with a picture of a Japanese dog called Shiba Inu
This Dogecoin only increases in value when it is announced by the people with the aim that they will one day get rich
In this season of the Crypto Market (2021) we have seen these football coins enter the market every day led by Safemoon coin which the creators admitted that they created it without knowing what it would be used for and did not know it would blow as it did.
These Meme Coins, or Joke Coins, can give you great benefits in the short term if you can understand their secrets and buy them in its season and most importantly.
Comedy Coins the day it enters the market these pigeons are quickly bought by the owners and people are called ‘Whales’ or ‘Whales’ using special software called ‘trading bots’ which make purchases faster than humans
Whales or Whales are people who have a lot of money to make the price of Coin go up quickly in a short period of time. These people are planning a deal with the owners of the coins. If they buy it first then we come to hear that a certain coin has a trend it has increased in value 5 or 10 times that is when most people buy it. Once we buy it, the value goes up again because we have so many, but now is the time for the Whales and the owners to sell their Coins.
If you delay, you will realize a big loss because if they sell the big ones you will get a loss, the only way to prevent this loss is to promo the coin and buy it so that the price does not fall …
Because the coin is useless, it is very difficult to persuade people to buy it.