The Rise of Meme Coins

Slippery as a squid [Click to view in browser](. Dear Reader, We have some BIG UPDATES for all you Markets and Minds subscribers. [And you need to take action now to make sure you don't miss out!]( Our newsletter got a complete makeover. We overhauled the format and layout of the newsletter, making it easier to read and simpler to follow. And gave it a nifty new title - THE JUICE [But you won't receive this newsletter unless you sign up HERE.]( Because pretty soon, Markets and Minds will disappear FOREVER! Proprietary Data Insights Financial Pros Top Surging Crypto Searches This Week Rank Name Increase #1 EverGreenCoin 2,533% #2 Decentraland 1,600% #3 Zcash 1,500% #4 Fantom 500% #5 Quant 400% Meme Coin Dangers [Steve Irwin Danger GIF] In our main article, we discuss the rise of ‘meme coins’ - cryptocurrencies' latest fad. While these tokens can produce serious gains, they also are incredibly dangerous. Here are some problems you may not have considered: - Liquidity - Not all coins trade often. You may find it difficult to sell your coins or get a good price. - Tradeability - Many meme coins don’t trade on popular brokers - Volatility - It’s great when the 10x gain goes in your favor. But it can disappear just as quickly. Cryptocurrencies are still in the infancy stages. Bitcoin, the most well-known, isn’t a payment option at many places yet. So, ask yourself why a so-called meme coin is worth hundreds of times its value from just a few months ago. Sponsored [Free Report: 5 Top Tech IPOs to Watch for in Q4]( Investors could bank massive profits from these hyper-growth firms [Get the Report FREE Now]( Cryptocurrencies The Rise of Meme Coins Key Takeaways - Squid tokens, based on the Netflix series, jumped 230,000% before losing nearly all its value. - Meme coins like Shiba Inu are seeing market caps blow up with incredible gains. - Regulators and market watchers worry about the dangers hidden in these coins investors aren’t aware of. [Confused Abc GIF by The Bachelorette] Tell me you’re a frothy market without telling me you’re a frothy market. I’ll go first. Squid Tokens. Say What? You heard me right. Squid tokens - a meme cryptocurrency inspired by the Netflix hit. In the past week, this random coin surged 230,000%...yes 230,000%... Before it plunged 100% to less than half a cent. Holy Crap! Ohh it gets better. Remember Dogecoin, the crypto started as a joke with the Shiba Inu dog as the mascot? Well, some developers came up with the ‘Dogecoin Killer’ known as Shiba Inu tokens (real original). But it’s no laughing matter. This meme coin built on the Ethereum blockchain has shot up to a market cap of over $25 billion. Its founder - the mysterious ‘Ryoshi.’ Here’s some crazy facts about the crypto: - With 400 trillion tokens in circulation, the meme coin can hit a max supply of one quadrillion. - Ethereum co-founder Vitalik Buterin donated $1 billion worth of the coin to a Covid-19 relief fund in India. - One wallet bought $8,000 worth of the coin back at inception. That holding is now worth over $4 billion (see below)... Terrible Timing The craziness in crypto couldn’t come at a worse time. Regulators were already hot on the tails of the industry. While many see promise, government officials recently said that ‘stablecoins’ should be policed like banks. And with congress negotiating a +trillion dollar package, they’re looking for places to pick up revenue. Many industry proponents are growing concerned about the proliferation of so-called ‘meme’ coins. With questionable purposes, they want regulations now to stave off potential problems in the future. The Bottom Line: Meme coins can generate spectacular gains. But be prepared to lose everything you put in. News & Insights Freshly Squeezed - [Berkshire Hathaway Stock Portfolio: 10 Long-Term Stock Picks]( - [These Dogecoin And Shiba Inu Knockoffs Are Striking Major Gains Today, With One Elon Musk-Themed Coin Up 1390%]( - [18,000+ Clients Driving Triple Digit Revenue Growth for This Upcoming SaaS Star]( [Make sure to sign up for The Juice to keep receiving our premier investment newsletter.]( # [submit to reddit]( [submit to reddit]( [submit to reddit]( To ensure delivery of all emails, [whitelist us](. Update your email preferences or unsubscribe [here](. View our privacy policy [here](. Copyright ©2021 InvestingChannel. All rights reserved. 1325 Avenue of the Americas, Floor 27 & 28 New York, New York 10019 Disclaimer: This is not investment advice. This InvestingChannel, Inc. newsletter is for information purposes only and opinion-based. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions. [Link](