Topic: 20x in first 6 months! Do you see potential in the meme coin $SEC on PulseChain? (Read 282 times)

It's really a bit too to late to go in, but, the possibility was there

Indeed. Crossed previous ATH and going up. Time to pay attention...

https://www.geckoterminal.com/pulsechain/pools/0x6da4f7c69fb5c30188a5215a8db1e1f0fbdf84c7

Bouncing back...

Actually the main problem that people face while investing in meme coins is that if one gives you profits the other destroys your portfolio completely. No one can find a balance between memecoins so that the portfolio can be overall profitable. Someone gets huge profits and other ones gets huge losses.

Thats why meme coins have not been that much in the market. Now they're being invested in because altcoins and BTC are also not giving that much profits multipliers.

Looks like you were right!

Chart is now like a falling knife...

This whole thread can be proof that not all memecoins with hype are going to last forever. Even if it’s reaching 2x, 3x or 10x in quite an appropriate amount of time, we can still not say whether a coin can survive and not die. Not only memecoins are like this but pretty much almost every altcoin being released out there.

There is no safe way in investing so always invest with care!

Probably death of another MemeCoin.

Whole market is bleeding though...

Not much movement in last month. Where is it heading?

Risk vs Reward analysis is also required before investment...



Name me a few more tokens that did 20x in last 6 months...

20x rise in 6 months on an upcoming halving isn't that surprising anymore since a lot of people are speculating and trying to chase profit. Dropping 99% after the bullrun is also expected for a lot of altcoins. Long-term potential in this meme coin? I don't see it. Let's see how they do after the bullrun.

I am not denying the risk associated with meme coins. But, that applies to DOGE, Shiba Inu to PEPE. These coins gave great return to early buyers in a short span of time. This was not possible with BTC or ETH. PulseChain itself is new and I think, $SEC is showing similar trajectory to moonshot meme coins. And we all know...

No Risk = No Gain.

Saying that, final call is always yours.

It's a meme coin which will eventually fall to zero as will the rest of them.  People are holding onto the 2020-21 fad but it will die soon, or at least mostly all of them will.die.  most of these coins offer literally nothing that isn't already available from viable projects.  Where there is no need, there will be a failed project.  Not if, just when.

There is no need to criticize any coins because anything can happen at anytime in the market and the project we are criticizing might be among the top gainers coins. There are some project in the crypto marketplace and making a choice now can be difficult because we don't know what will happens in the next minutes although all we have to do is to keep being any coins that we are confident about for as long as we want to for the bull market to arrive.

So you want people to criticize $SEC meme coin. Meme coin as the name implies, it is already under criticism and because if that name many do not like to even invest in them because as for them, it is a waste of time to invest in meme or shitcoins because they is no value in them. And if luck gone out from the investor, the project might even becomes a Ponzi Scheme (Scam Project) and you lost everything so because of all these untrustworthy nature of meme coins people run from them.

If a meme coin has 420,000,000 as a start then it is good start but how genuine is the project and how long will the project last with that amount of money. Because many projects start with huge amount yet they collapsed. We should not rush to invest in any meme coin but make a thorough investigation before investing and even at that doesn't invest because big amount. "Only invest what you can offer to lose and it will not pain you if happened".

OP updated with latest info...

Do you have a count for how many meme coins are created and published within a month? Or do you know how many meme coins were created at the time when Doge or Shiba were being hyped? I don't think you do, but if you say something like this, you need to have a general idea about these things. When there are thousands of them created and only a couple actually manage to get significant hype and popularity, it doesn't make them all good.

Just because a few meme coins in all these years managed to gain some value and some people got significant profit from them you can't say that it is worth investing money or wasting time on a meme coin which god knows will get any hype or not and we all know that meme coins die without hype.

However, there is a difference between an industry leader and a junk exchange. Read my thread. It wasn't a pure luck like Pepe, which has nothing but a name. For example, binance had such a strong position that crypto projects paid millions for listings in the form of launchpads. Binance shared these tokens with bnb hodlers, which, when dumped on the day of listing, managed to bring 20% APY (in 2019 I overestimated it)


And all this on a token that is deflationary (around 7% annally) because Binance burns tokens for part of the profits. In 2019, bnb was fundamentally undervalued and I proved this in my thread. The same cannot be said about PEPE, because just making a token and coming up with a name takes 15 minutes of work and a maximum value of $50.

Or probably BNB is just the first to have this kind of native token, that really started everything, so yeah there could be an element of luck. And then those who have missed the boat, might have tried it with MXC or even OKX and it failed.

I must admit that I also fall for this hype around 2018, invested on some exchanges project but it never took off.

As for the potential on PulseChain, not really sure though, maybe if there is some element of luck again, or if you are one early investors, then maybe once it took off, you can have your profits later. Just like the early investors of Doge or Shiba.

You got lucky with BNB just like I got lucky with PEPE. There is nothing more or nothing less in it. If valuation were on usefulness in exchange, then many other exchange tokens like MXC or OKX would have exploded by now.

classic amateur mistake. You see something valued at $8 billion and assume that it must have such a value hidden somewhere. And the more the price increases, the greater the hidden value must be, right? It's just strange that it can't be proven tangibly, no one uses this crap, no one knows whats its for, but it must be there if the valuation is so high, right? Nothing could be further from the truth. The investor's role is to estimate value and potential and buy something whose valuation is below this value. I did this with BNB when it was @ $15 in 2019. I estimated Binance's profits in 2 different ways, the average deflation of the token, returns from various competitions (lauchpads/lauchpools), staking roi, compared it to the Nasdaq P/E and the average dividend on SP500 and I found it cheap so I invested. Try do it with shiba and doge or other 10 000 memecoins lauched in 2023. indicate the advantages that shiba has over 10,000 other meme coins apart from the high valuation.
For me the estimated value of shiba is around $1,000,000 and dogecoin is around $50,000,000 and only because they have some momentum and recognition (people know what it is thanks to 2021 shameful bubble). Which means that shiba is probably overvalued 4,000 times and dogecoin 150 times and therefore they are not worth time and money. Prove me wrong.