Could we witness another memecoin's upsurge this season?

[Incarts]

Since their launch, memecoins have drawn immense attention and debate. Memecoins, which were inspired by random online memes and trends, have captured the interest of both traders and investors with their sharp price increases and interesting nature.

Memecoin has taken off like a wildfire, each with its own unique theme or meme-inspired story, thanks to the decentralised nature of blockchain technology that enables anybody to create and distribute their digital currency.

More investors and speculators are now attracted to the space in an effort to make big profits as seen in previously successful memecoins like $PEPE, $DOGE etc. This has also effectively served as inspiration for the development of a number of different memecoins as they aim to leave their imprint in the market.

We are now in a memecoin season when each memecoin that generates enough hype has the potential to cause a significant upsurge; in my opinion, $DORKL may be the most recent to do so based on its steady rise and hype.

What do you think about $DORKL's chances in the fiercely competitive market? Do you think it–or any other memecoin will have a wild spike this year?

 

[Mary]

It might, but that depends if there will be any hype to it. When the meme coin went live there was a pretty price surge to it

[BashJasper]

I can't vouch for any memecoin but my mantra has always been invest what you can afford to loss on memecoins and probably stake them flexibly. Always remember to take your profit during staking though