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Topic: Are MEME Coins A NEW Trend - page 10. (Read 1450 times)

member
Activity: 296
Merit: 10
June 04, 2021, 11:29:56 PM
#33
Not all MEME coins are as lucky as Doge, if you want to imitate what happened to Doge, there must be someone as popular as Elon or someone who has great influence to pump up a MEME coin. For a beginner it is better to start with real coins, rather than playing with MEME coins.
legendary
Activity: 2884
Merit: 1258
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June 05, 2021, 01:58:29 AM
#33
What are you thoughts on meme coins?
There's nothing much to think about. They can add as many features as they want but they're still meme. Period.

I agree, but still it is somehow a trend now.  Many new altcoins were created following the Dogecoin examples.

Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
SHIB had a good backing until Vitalik dumped his bags. Who knows if these new Doge killers or the next Shiba will get the same support.

The good thing with the action of Vitalik on Shiba is that he donated those SHIB to India, but as far as I know he did not dump all the SHIBA that is in his bag, the majority of them were burned to not destroy the SHIBA market.
sr. member
Activity: 1162
Merit: 268
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June 05, 2021, 12:38:33 AM
#32
I am seeing meme coin is becoming popular this day because of Doge coins value going to the moon, Plus coming from the support of a famous influencer like Elon, But I have doubt on this kind of project because  majority of this kind of meme coins don't have  uses, good benifets, Example in helping the blockchain ecosystem. Other whale's or big investor, or ordinany people are into these  because of the profit they want to accumalate.
full member
Activity: 462
Merit: 100
June 04, 2021, 10:32:15 PM
#31
With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
When list coinbase I was thinking it will pump minimum 50% but no there is no change price is dump.this is very bad for doge holders.every token or coin when list on coinbase my past experience pump something but doge is exceptional.
sr. member
Activity: 1232
Merit: 379
June 04, 2021, 10:21:15 PM
#30
Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

Most scammy dev or token owner tend to follow the trend to make more money, These meme tokens are launch by a single few people that keep recycling their ideas after rug pulling their past projects., We expect to see more of these in the coming months.
You are right, most of the meme coin decentralized exchange looks exactly the interface of PancakeSwap, an exactly photocopy of cake dex, these teams are just sitting down to repeat what they have done with different idea, this is ridiculous and it tarnishing the image of
member
Activity: 501
Merit: 10
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June 04, 2021, 10:19:56 PM
#29
I think meme coins like doge and shiba makes a lot of investor nowadays because of its small price and they believe that it will pump huge in the future that is why it is kind of trendy in the market but let’s be real that meme coins like that don’t pump a lot because there’s mostly no use of it.
hero member
Activity: 1932
Merit: 511
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June 04, 2021, 09:54:45 PM
#28
Elon Musk support for Dogecoin has a huge impact on coins related not only meme coins, some coins associated with animal names are also rising. Will there be many cryptocurrency projects based on meme coins and animal coins in the future? I think Elon Musk support will create a new trend this time.
sr. member
Activity: 2198
Merit: 273
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June 04, 2021, 09:46:55 PM
#27
With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.


The problem is Elon Musk is now starting to get distrusted, how will this trend continue? I think there have been a lot of people who are disappointed that Elon Musk's fud spread about fossil fuels has an impact all including meme coins.
full member
Activity: 1204
Merit: 102
June 04, 2021, 09:46:46 PM
#26
With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

the hype doge has faded, and so has the meme coin. so it will just be a shitcoin in the market. then is it bad for the market, i think it's bad. there are too many shitcoins in the crypto market and they are viewed negatively.
hero member
Activity: 2800
Merit: 595
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June 04, 2021, 09:23:40 PM
#25
Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

It was the start of the trend and then all are joining the scam. The trend will slow down soon and maybe replaced by a new trend. The NFT and DEFI trend seems to be gearing still but the creation of new projects is already slowing down unlike when it first was introduced.

The crypto market somehow because unregulated is abused by these developers ruining the reputation, there will be more users who will come to claim they are scammed by these meme coins.
hero member
Activity: 1316
Merit: 514
June 04, 2021, 09:11:58 PM
#24
Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

Most scammy dev or token owner tend to follow the trend to make more money, These meme tokens are launch by a single few people that keep recycling their ideas after rug pulling their past projects., We expect to see more of these in the coming months.
sr. member
Activity: 2198
Merit: 273
DGbet.fun - Crypto Sportsbook
June 04, 2021, 08:54:21 PM
#23
Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.
legendary
Activity: 3234
Merit: 1029
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June 04, 2021, 08:29:21 PM
#22
With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.

It may end soon as SEC already warned elon about his tweet was violating the SEC regulation and contract. that means elon will not try to create another shilling tweet again dude.
There must be a better trend than this one. That will make people to join in the crypto caused by the quality of the project and it's not caused by the instant profit from the shitcoin.
I see the activity on ethereum and BSC chains. there are bunch of new tokens issued
newbie
Activity: 4
Merit: 0
June 04, 2021, 08:18:09 PM
#21
With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.
sr. member
Activity: 1330
Merit: 326
June 04, 2021, 08:11:28 PM
#20
After meme coin dogecoin rise up massively, many new meme coins are out in the crypto market. But that doesnt mean such meme coin will be all like dogecoin that had a chance to prove itself to become potential one. There are certain circumstances that greatly influenced  it.

One of those  is that Elon Musk tends to support and keeps on bragging about it. It also has a good impact after his tweets and heavily pump. And to think that it was established like other altcoins, holding much of it will benefit an investor. But not will guarantee those new meme coins today.
sr. member
Activity: 826
Merit: 263
June 04, 2021, 08:00:10 PM
#19
Maybe yes, because of DOGE, there are some new shit meme coins emerging.  Grin
As we know, whatever the trend, there will be always followers that create new shit coins following. ANd there will be so many types of the coins like this. That is why just watch out, most of them may be shitcoin and scams.
That's right. If there are many more meme coins, there will be some of them that are shit coins.
We actually know that new projects like this cannot be successful, moreover, if they only follow something to survive. If they cannot be accepted by the community, they will be dead soon and will not be able to survive. Crypto is hard, and we must be careful in this case. Not every new hype must be followed, just be sellective.
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
June 04, 2021, 07:52:15 PM
#18
I am observing a trend, but so many times in crypto a trend is just a minute long that I do not give this one more than a month for the market to get tired of it. After all, a coin has no physical representation, so anything out there could be classed as a meme coin IMO. But hey, the fool´s money is out there for grabs, so I am not going to judge whoever is willing to take it anyway - best luck and let the dumbest meme win!
full member
Activity: 1582
Merit: 132
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June 04, 2021, 07:47:24 PM
#17
Maybe yes, because of DOGE, there are some new shit meme coins emerging.  Grin
As we know, whatever the trend, there will be always followers that create new shit coins following. ANd there will be so many types of the coins like this. That is why just watch out, most of them may be shitcoin and scams.
copper member
Activity: 2968
Merit: 575
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June 04, 2021, 07:09:22 PM
#16
With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
Oh yes, meme coins are the current trend now. You just have to find which one is going to get pumped out of the thousands of other meme coins. In other words, you have to get very lucky and be smart. If you get lucky, you will get rich over night, but if you don't act smart, you will lose everything. By smart, I mean you sell when you make profit. Don't keep on holding because once the trend is over, the price is going to get dumped and you will lose everything you invested.
hero member
Activity: 2814
Merit: 526
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June 04, 2021, 05:37:16 PM
#15
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
Yes. Dogecoin was made for the memes and people thinking of making another meme coins should not be treated the same way as other coins. That's just my perspective, so don't judge too seriously.

And also it's correct it's just a bait trap for newbies, I mean that's literally the whole scheme of this event anyway. Just to lure those uneducated newbies, with shitton of viral coins and those newbies would regret it afterwards by their own decisions. Just like in 2018.
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