- According to Rodney, meme coins are here for a good time, not a long time.
- DOGE is the gold standard of meme coins because Elon Musk is holding it.
- Besides DOGE, SHIB and PEPE, other meme coins won’t be around for long.
Meme coins are here for a good time, not a long time, according to Rodney, a renowned meme coins trader and YouTube crypto content creator. Rodney made the statement during a discussion with Kelly, the YouTube channel Discover Crypto’s host.
According to Rodney, DOGE is the gold standard of meme coins, and the reason for that is because Elon Musk is holding it. He also recognized Shiba Inu and the new PEPE token that has a little bit of life, but besides that, others are not going to be alive for too long.
Rodney used an expression, “If crypto is the red-haired child of finance, then meme coin is the red-haired child of crypto.” In his opinion, trading in meme coins is similar to gambling.
In the discussion, Rodney acknowledged Kelly’s position that most people invest in meme coins because they want to outpace the gains of Bitcoin. According to Kelly, such scenarios are common after the Bitcoin halving, when the market moves int…
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