Yes. Most lose momentum once attention fades, and the space is lightly regulated. Learn the risks and what you can check first.
How to check it yourself
- Check how much liquidity is in the pool. A small pool means even modest sells move the price a lot.
- Open the holders list and see how much of the supply the top wallets control.
- Look at trading volume over recent weeks. Falling volume is a sign attention is fading.
Sources
- schwabassetmanagement.comhttps://www.schwabassetmanagement.com/story/what-are-meme-coins-uses-and-risks-to-know
- coingecko.comhttps://www.coingecko.com/learn/meme-coins-good-bad-ugly
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