🔴Meme cryptocurrencies are known for their high volatility and risk. However, experienced traders can achieve remarkable returns. An example is the meme token Comedian, which surged nearly 500 times in value. An unknown trader invested around $1,795 and turned it into $873,000 in just two days.
🔴The key to success lies in a smart strategy and social media analysis. Currently, the asset is trading around $0.052026, with a market cap of $50.25 million and just over 8,000 active holders.
🔴Investors are also closely watching the upcoming U.S. elections. Professor Omid Malekan believes that a win for Donald Trump could negatively impact meme cryptocurrencies, as he views them as symbols of geopolitical populism and a form of protest against major projects.