Meme Coins See Renewed Hype, But Fundamentals Still Lacking

• These meme coins like Bonk, Dogecoin, and Shiba Inu are very volatile and speculative investments without underlying utility.

• Bonk is up 90% in 2024 after a 300% spike and crash in late 2023, driven by cryptocurrency exchange listings.

• Dogecoin has rallied 80% in 2023 on the back of the crypto market rise, despite no project updates.

• Shiba Inu has doubled in 2023 after a 2021 surge, but fundamentals remain weak.

• Author recommends selling these meme coins in March before their highly speculative rallies fade.