Can Meme Coins still Catch Up With The Likes of Doge and Shib?

bluebit25

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Quote from: VicManton on April 30, 2024, 04:22:09 PM

Let's be real, who doesn't love a good meme coin story? I mean, we've seen those goofy tokens turn into serious cash – remember how everyone laughed at DOGE and SHIB? Now, those early buyers are probably sipping cocktails on a yacht somewhere.

Point is, there's always that underdog meme coin lurking, waiting to blow up. It might seem like a gamble, but that's half the fun, right? I stumbled across this KATT DADDY on bitget's PoolX- A wealth creation avenue imo (you can farm tokens for free & earn hourly). KATT's got that classic meme energy – edgy, a little rebellious, kinda pokes fun at the whole crypto scene.

Now, I'm not saying this is the next Shiba Inu, but who knows? With the right activities and a bit of luck, these things can moon. Plus, looking at their setup, they seem to have thought about the tokenomics and stuff, not just a quick cash grab.

Anyone else digging into the meme coin scene lately? What hidden gems have you found?

So how many of them are you honest with that status?

I just like the clarity that even with altcoins it's like gambling

A few share success with memecoins, but do you know the story behind it? I know some people commit fraud through memecoin to prey on people's greed.

And of course in the crypto space we don't like to be seen as gamblers, but it's essentially no different from being vague and expecting quick wealth like the way lottery tickets work.

Tipstar

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They would certainly. It just takes time. Dogecoin and Shiba Inu are the Bitcoin and Ethereum of memes. But their lead would be challenged much easily than on overall crypto leaders. Dogecoin is even harder, even though it doesn't have a supply limit. With no mining halving or any decrease, the coin won't indefinitely rise. But the numbers itself does keep the market cap higher even if the price don't increase. There are other newer meme coins that if increased have potential to replace Shiba Inu, like Pepe, bonk or bome.

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Quote from: DiMarxist on May 02, 2024, 07:00:56 AM

After the early memecoins, other coins have been emerged and most of them are dead, some are struggling while some are doing well. Dogecoin has been on the system for a long time so if it is catching up to the peak then it deserves it. It is one of the memecoins that is good to be invested because it promising future. But Dogecoin has not reached $1 yet but there is hope and the end of the tunnel. There will no memecoin that will overtake Doge for now.

After dogecoin, then Shiba Inu, I don't think that there's any other memecoins that have made so much impact and popularity like them, and the reason could be because of the uncountable influxes of new meme projects. Perhaps if there are not so many of them, one would've made it to the very top because investors wouldn't have too many to choose from, another reason why we might've not seen a new meme to match the top two is because most of them end up dead, which is a discouraging factor for investors.

strunberg

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Quote from: VicManton on April 30, 2024, 04:22:09 PM

Anyone else digging into the meme coin scene lately? What hidden gems have you found?

I've seen some meme coin projects. I had missed the train on Shiba a few years ago. And I have also lost my opportunity at PEPE. I'm trying to find hidden gems on the Solana network. And I see there are thousands of meme coin projects. It is very difficult to find hidden gems. You will lose your money because most projects are scams. So for me meme coins are not hidden gems but gambling. It's very easy to create a meme coin so there will be a lot of scammers trying to take your money there.

Belarge

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Quote from: DiMarxist on May 02, 2024, 07:00:56 AM

After the early memecoins, other coins have been emerged and most of them are dead, some are struggling while some are doing well. Dogecoin has been on the system for a long time so if it is catching up to the peak then it deserves it. It is one of the memecoins that is good to be invested because it promising future. But Dogecoin has not reached $1 yet but there is hope and the end of the tunnel. There will no memecoin that will overtake Doge for now.

The Dogecoin and Shiba Inu we're watching today is quite different. Do OP know the meaning of memecoin? Memecoin have served major purpose and have provided aides for investors and traders in the market. Any altcoin that's able to maintain the top trends automatically is classified to be memecoin. Dogecoin and Shiba Inu was once classified to be memecoin because they made huge pumps and keep their trends alive for investors to grab and make good opportunities.

The Cryptovator

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I know a few earlier meme holders became millionaires somehow. But I haven't invested in memes at all. I don't know why, but I wasn't interested in memes. Probably I lost the train, but fortunately we don't know which meme will be pumping hard. You will be surprised to hear, but I did a press release for Pepe. But I didn't buy those meme coins. When I saw pepe have been trending around the crypto industry, I regretted it. But it was too late to invest in Pepe. However, I am not interested in any brand new meme coins. Because scammers have been taking advantage of the trend and scamming us. But if you want to gamble with your money, then you can invest in a brand new meme. If your luck favours it, then you may become a millionaire, but don't be overconfident and don't gamble too much.

batang_bitcoin

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There are a lot of meme coins that are being launched from time to time and you can describe it the way you want it whether it's going to be the next shib or dogecoin.
Because no matter what is the potential to pump of that meme coin that's newly launched, it is not going to change the fact that their hype isn't going to last forever.
They're good as brand new but then eventually, they're going to lose that.

Silberman

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Quote from: moneystery on May 02, 2024, 09:18:09 AM

i don't think that there will be a meme coin that will be trending like dogecoin or shiba, this is because these two types of meme coins appear when the market is bullish and elon musk's position is promoting meme coins on his twitter account, so it makes people think that meme coin is something worth investing in. but now many meme coins have died and people have started to be careful in investing their money in meme coins and not many people are willing to bet on them.

Most of those that lost their money to meme coins have not changed their ways, they ran out of money and they are saving what they can to get ready when the next positive movement appears, and as soon as it does you will see all of those people investing in some of the most absurd coins all over again, lose their money and complain bitterly about it, not realizing that if they had invested that money in bitcoin instead, they would have obtained profits which are much higher than what they could obtain with other assets.

moneystery

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i don't think that there will be a meme coin that will be trending like dogecoin or shiba, this is because these two types of meme coins appear when the market is bullish and elon musk's position is promoting meme coins on his twitter account, so it makes people think that meme coin is something worth investing in. but now many meme coins have died and people have started to be careful in investing their money in meme coins and not many people are willing to bet on them.

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Quote from: VicManton on April 30, 2024, 04:22:09 PM

Now, I'm not saying this is the next Shiba Inu, but who knows?

Yes, who knows, because cryptocurrency is just speculation, everyone speculates about what will happen to coins that are believed to provide profits, so it could be true but also vice versa, and if you really like risk memecoin could be an option, and of the many that are whether it's old or new, no one knows for sure what will happen, only big holders and whales know about the memecoin market because they have the ability to influence the market.

AnonBitCoiner

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With meme coins there is always a doubt not guaranteed therefore if someone wants to get profit from meme coins then they have to take the risk after which loss or win will be dependent on his luck. Now there are numerous meme coins so one cannot identify about its future therefore I don't think that we have to take huge risks with investment in meme coins.

Doge and Shiba performed well but all meme coins are not the same as these coins therefore meme coins are highly risky but if someone still wants to invest in meme coins then it is up to them. Meme coins are alive just because of bull season after which their performance remains doubtful.

DiMarxist

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After the early memecoins, other coins have been emerged and most of them are dead, some are struggling while some are doing well. Dogecoin has been on the system for a long time so if it is catching up to the peak then it deserves it. It is one of the memecoins that is good to be invested because it promising future. But Dogecoin has not reached $1 yet but there is hope and the end of the tunnel. There will no memecoin that will overtake Doge for now.

TastyChillySauce00

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Quote from: VicManton on April 30, 2024, 04:22:09 PM

Let's be real, who doesn't love a good meme coin story? I mean, we've seen those goofy tokens turn into serious cash – remember how everyone laughed at DOGE and SHIB? Now, those early buyers are probably sipping cocktails on a yacht somewhere.

Im loving it caused by the only best way to get fast money from buying the low mcap meme token. The perspective from the crypto users have changed a lot. They saw meme token as a way to print money too.

Quote from: VicManton on April 30, 2024, 04:22:09 PM

Point is, there's always that underdog meme coin lurking, waiting to blow up. It might seem like a gamble, but that's half the fun, right? I stumbled across this KATT DADDY on bitget's PoolX- A wealth creation avenue imo (you can farm tokens for free & earn hourly). KATT's got that classic meme energy – edgy, a little rebellious, kinda pokes fun at the whole crypto scene.

I never heard that token before. I would go for bento on base network. We have not yet seen a popular meme token from base network that can reach big mcap.

Quote from: VicManton on April 30, 2024, 04:22:09 PM

Now, I'm not saying this is the next Shiba Inu, but who knows? With the right activities and a bit of luck, these things can moon. Plus, looking at their setup, they seem to have thought about the tokenomics and stuff, not just a quick cash grab.

Then, you shall find a new token that will be promoted by elon musk. It doesn't need a lot of requirements. The new meme token shall have fair distribution of its supply combined with elon's support. that will enough to help you generate millions of money as long as you can snipe it. LMAO

Quote from: VicManton on April 30, 2024, 04:22:09 PM

Anyone else digging into the meme coin scene lately? What hidden gems have you found?

It's hard to guess it but i would call this as a gamble. Any meme tokens are not worthy to hold for long term.

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Quote from: Kelward on May 02, 2024, 02:54:22 AM

Quote from: DeathAngel on May 01, 2024, 06:03:04 AM

I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.

A new memecoin can possibly emerge and catch up or even top doge and Shiba Inu, but the problem is that so far none has stepped up yet for the challenge, leaving this two at the top of the meme ranking. The problem with memecoins is that there are too many of them and most of them are scams, making it hard to pick the ones that can last as these top memes.

I doubt a new meme coin can suddenly take the position of the top two Doge & Shib. The third and fourth meme coin according to market capitalisation is PEPE & Dogwifhat. If any meme coin that can overtake Doge or Shib will be either PEPE or Dogwifhat. The possibility of a new coin going on the top is a vague assumption to me.

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Quote from: DeathAngel on May 01, 2024, 06:03:04 AM

I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.

A new memecoin can possibly emerge and catch up or even top doge and Shiba Inu, but the problem is that so far none has stepped up yet for the challenge, leaving this two at the top of the meme ranking. The problem with memecoins is that there are too many of them and most of them are scams, making it hard to pick the ones that can last as these top memes.

The memecoin that's mentioned in the OP might be the next shib, we'll never know, just like many others that are in the memecoins category, so it's for every investor to do their research and take their chances on the ones that they choose, because they're risky. Remember to invest the amount that you can afford to loose.

hugeblack

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The strategy you follow depends entirely on luck, but you cannot achieve wealth by luck. Since obtaining these tokens for free, there will be a large supply and therefore real investments are needed for the price to move higher. In the case of Doge, it was the meme’s tweets that made investors pump money, and thus the price rose, but it did not rise to be a single dollar price. This is an exceptional case, but normal cases confirm that meme coins do not achieve wealth.

Bournesparks

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Quote from: wheelz1200 on April 30, 2024, 05:11:12 PM

Right now I don't think it's possible reason being is there are so many of these projects coming out. The money is spread too thin and everyone thinks their bag is gonna pump. Doge came up big and shib too because there were only a couple memecoins at the time. Now there are coming out in the thousands. That ship has sailed. Next bull run a new fad will probably emerge and everyone will drops these like they should be.

It's fierce out there but I think once you can spot a good meme, it might make your bull run experience & probably add spice to it because of the potential ROI it'll give.. op's right though, been mining KATT hourly on PoolX, let's hope I get something tangible before it expires in 8days

SeriouslyGiveaway

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With the current position and marketcap of Doge and Shib, I don't think they are considered Memes anymore. But they are always the symbol of Meme coins. It is the success of Meme coins along with life-changing stories thanks to them in the previous cycle that has attracted many new people to this market through meme coins. They have become an indispensable trend in this market, and the proof is that from the beginning of the growth season until now, memes are one of the strongest growing trends.

There will be new memes that can catch up with the success of Doge and Shib similar to last season, such as Pepe or Bonk. The flow of money into the market in this cycle will certainly be huge, so the growth rate of meme coins will certainly be crazier than previous seasons. Most new people learn about this market through news about Bitcoin, but the coins they buy to seek the most profit are meme coins. The capitalization of new meme coins may not be able to keep up with Doge and Shib at the moment, but profit growth will likely be even crazier than them this cycle. But to me, meme coins are only suitable for lottery, not suitable for investment.

Reatim

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There are probably hundreds of memecoins circulating out there right now and we only have really at least top 5 maybe ten if you want to push it that we can call profitable or at least a valuable coin to hold. Even if it means not holding for long.

I have no doubts that more memecoins will be released this year but will one really enough to follow up on the success of their predecessors? Memecoins are trying to break the useless stereotype and lean more on to functional coins so we shall see how the scene of memecoins shift.

DeathAngel

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I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.

Topic: Can Meme Coins still Catch Up With The Likes of Doge and Shib? (Read 222 times)