Side Hustle School Ep. 3058 - Q&A: “Is it a good time to launch a meme coin?”
May 16, 2025
Is launching a meme coin a smart side hustle? The discussion dives into the evolving landscape of these crypto coins, unpacking their risks and rewards. With market volatility in mind, the need for strong branding and storytelling emerges as a key to success. It’s not just about profit; the conversation urges aspiring creators to focus on genuine value and sustainability in a crowded market. Tune in to learn how to navigate the challenges of this intriguing and unpredictable arena!
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Episode notes
Typical Meme Coin Life Cycle
- Meme coins typically follow a volatile life cycle of rapid rise and crash.
- They differ greatly from established cryptocurrencies like Bitcoin which have proven stability and value.
Meme Coin Market Realities
- Meme coins have enormous risks and most never succeed or last.
- The market is saturated; hype alone no longer drives lasting momentum.
Honesty and Transparency Matter
- Be honest about your goals: fun, sustainability, or a quick cash grab.
- Ensure transparency and trust to build momentum and avoid scams.
