Are memecoins actually investments, or just attention markets?
I' ’ve been thinking about this a lot. Most memecoins don’t really have persistent utility or intrinsic value in the traditional sense. Their price usually depends on hype, liquidity, timing, and whether the community can keep attention alive.
That doesn’t mean they’re useless. For traders, they can be a brutal training ground: you learn timing, discipline, liquidity, slippage, DEX mechanics, and how fast narratives can die.
But for long-term holders, the risk seems completely different. Once attention moves on, many of these coins never recover.
So my question is: do you treat memecoins as short-term speculation only, or do you think some of them can become long-term assets?