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However popular memecoins are, they are all about timing and having 15 minutes of fame, making them even riskier investments than Bitcoin and other cryptos. Some crypto investors aim to guess which memecoins will stand the test of time, looking for factors other than popularity that could give them lasting value — but it’s mostly speculation. Even the co-creator of Dogecoin has become a critic, noting the potentially harmful influence of social media “get rich quick” trends. Named after social media jokes and puns, memecoins are a type of popular altcoin whose value comes from community buy-in more than anything else like cat tokens or doge coin. It is also a popular altcoin used by advanced crypto traders when trading crypto on an exchange, since it offers a way to cut down on fees compared to exchanging U.S. dollars for each transaction.
Crypto portfolio tracker https://wallmer.com/ a crypto portfolio is a set of cryptocurrencies owned by an investor or trader. Portfolios usually contain many different assets, including altcoins and crypto financial products. They are similar to traditional investment portfolios, except that you own one asset class. You can learn more about this at "Wallmer"!