Good morning crypto academy, it is with a great joy in my heart that I'm putting down this writing.
Prof. @wahyunahrul, it is a pleasure to learn from you.

INTRODUCTION

Before i delve into the subject of the day, i will like to clear some ground.
You will believe me that social media is now the order of the day, in the sense that if you are not connected you feel as if you are amongst the apemen.
Social media providing us with the avenue to communicate with each other around the globe won't be fun in the absence of stickers and memes. This brings us to the subject matter "MEME TOKEN"
Meme tokens found there way into the crypto space and today we have many meme tokens in the crypto space.

HOMEWORK

1. Why meme token could be one type of cryptocurrency that will have a big impact on the cryptocurrency market in 2021?
2. Do you think meme token is a type of cryptocurrency that need to be created?
3. If you had to choose to invest or trade on meme tokens, which would you choose? Explain your choice in details and provide strong evidence for your choice.
4. Choose a meme token (except Dogecoin and shiba inu) and do an analysis of the meme token with the following conditions:
   if in question 3 you choose to invest, then do a detailed fundamental analysis of the meme token you choose to prove that meme token of your choice is a good investment tool. (Screenshots required).

QUESTION 1

Why meme token could be one type of cryptocurrency that will have a big impact on the cryptocurrency market in 2021?

Meme, in the actual sense was created to crack people up.
From my little experience, the crypto market is a no joke area because of its volatility and the tendency of loosing.
But, it is quite appeasing that even in a serious situation it is required that people cheer up and catch some fun.
Of a truth, meme coins have made a great impact in the crypto space. At a point some meme coins like doge were now seen as Alt. Coin because it rose drastically cushioned by tweets from doge daddy 'elon musk'.

Of a truth meme coins lack the fundamentals and to an extent usecase which other coins possess but it is a non- argueable fact that meme coins have bring about great influx in to the crypto space and believe me, we are yet to see the flux of meme coins.
I believe with no trace of doubt that meme coins will keep influencing the crypto market even beyond 2021.

QUESTION 2

Is meme token a kind of cryptocurrency that shouldn't be created?

It is of a great importance that every crypto currency should have a usecase.
Ethereum's usecase of assisting developers in building Defi and in minting of NFTs brought about its rise by 909989% and bnb on the other hand due to low gas fee facilitates most airdrop claims.
Therefore, in answering the question above i think meme token should be created but made feasible in the sense that every developer should provide a genuine use case for their tokens and with that the meme tokens will continue influencing the crypto market.

QUESTION 3

If you had to choose to invest or to trade on meme tokens, which would you choose? Explain your choice in details and provide a strong evidence for your choice.

With what dogecoin did early this year, i will invest on meme coins.
Some reasons why I chose investment over trading:

• Back ups: it is of no doubt that most of these meme coins are backed by billioniares who does not only promote these tokens but also invest in them.
• My experience as a crypro trader: for you to be a successful trader, you have to be very good in fundamental and technical analysis and this two key requirements meme coins lack.
  So, how can you possibly predict where a meme token will go or will you keep waiting for a tweet from one of the promoters before you trade?
• Popularity: before this year the most prominent crypto currency is bitcoin but at a point, it seemed as if meme token took over the crypto market and in that vein drew the attention of investors to them. A wise investor will ask if he should buy 1 bitcoin at the price of $50,000 and there be a rise in the price of bitcoin he may end up earning extra $3,000 but if he should invest in meme coins, you know what it should be.

below are some amazing meme token and how they performed this year:

doge coin

Source
hoge finance

Source

QUESTION 4

Choose a meme token (except Dogecoin and shiba inu) and do an analysis of the meme token with the following conditions:
if in question 3 you choose to invest, then do a detailed fundamental analysis of the meme token you choose to prove that meme token of your choice is a good investment tool. (Screenshots required).

For me i will go for samoyedcoin, it is shocking right but there are fundamentals about samoyedcoin yet unknown and i will be dishing some out.

Samoyedcoin is a meme token built under solana blockchain, currently ranked #453 on coinmarketcap and #5 on meme token market.
It has a Trading Volume of $6,750,252.97 28.79% in the past 24 hours and a Market Cap of 0.07697.

below is the chart between samoyedcoin and usd.

*pictures above are gotten from
https://coinmarketcap.com/view/memes/

Samoyedcoin was launched on April 2021 inspired by Sam Bankman-Fried CEO of FTX assisted by Anatoly Yakovenko. Ir was made know to the general public via twitter, and some other social media Platform, and airdrops were disbursed using discord.
Samoyedcoin have a max supply of 14,000,000,000. Samoyedcoins ath is $0.03291 and i believe with the rise in cryptocurrency values, it will really do well.
Samoyed coin being under Solana blockchain can be checked using 'sonar watch' which can also be used to check the prices other solana project.

CONCLUSION

Although most meme tokens lack usecase, making it likely impossible for them to make a reasonable move except for tweets and Promotions by billioniares that invested in them. But i know for sure that if meme token should be given the attention due it, it won't only make wave but it will equally move crypto market to a greater height.
My appreciation goes to @wahyunahrul for the teaching.
I must say it is really enriching and I hope my assignment impacts into my audience.