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Earlier this year, there was an hype based on the shit coins that suddenly start a spike and it caught everyone unaware, first it was dogecoin, it is a coin many cryptonians had a big bag of years ago and most of us even tipped it out and some sold it at a very low price until recently the pump begin and it hit all time high of $0.5, many people were heartbroken as they calculated how much they could have made from this coin if they hold it, it actually made OG feels like a learner as they never expected a meme coin to go up that high...
It didn't take long before more shit coins were launched and gradually shit coins took over,safemoon did it and made many people millionaires and so many people started investing in shitcoins instead, there were many like safemars, craters, moonmax, pitbull and so many others, even tho some did some great pump but others rugged because the owners were scammers and only did it to scam people of their money....
I checked the market this week and realize most of this shit coins are dipping badly, could this be the end of them? i hardly hear about the shitcoins trend anymore too, it seems the day of shitcoins are over and it won't be long before everyone get back on track but it was fun while it lasted, i see 50usd turning to 2000 usd in less that two days!
Recently the market is bloody, all coins are dipping and this is as a result of bitcoin going down as well but i have learnt a lot never to dump my bags in panic of the market downtrend and also a good reason why i need to invest in a strong project i believed in not just any coin i see pumping in the market..
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To those who are interested in investing at the moment, i think the solana project is a good place to look into, so many project are coming out from there and in few months time, they are all going to be big!
The solana blockchain token is sol and it is trading at 43 usd at the moment, just like bnb it has the tendency to hit 100 usd in the next few months due to the demand for it by other project who are making use of the solana network to launch their own tokens...