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Topic: Are MEME Coins A NEW Trend - page 5. (Read 1463 times)

full member
Activity: 902
Merit: 112
August 04, 2021, 03:04:32 PM
i never defend for meme coin, and it will danger for the industry. i observing several meme coins initially those have not fundamental,

there no chances to survival in case of long future. rich guys can invest here to fun and play with pump dump game. shiba inu given inspiration for those meme coin creator Grin
full member
Activity: 1088
Merit: 102
July 22, 2021, 03:21:18 PM
they came indeed just for the hype. some of the meme projects are serious but most of them are things that will quickly disappear. that's why serious investors won't pay attention to the meme coin that's trending right now. they are too bad in the long run and certainly too risky to put our money in there.
It's true, those who love coin memes and the coin meme trend are just ordinary investors who take advantage of the hype in the short term, because in the end they too will throw away all those coin memes for something else.
sr. member
Activity: 686
Merit: 252
www.cd3d.app
August 04, 2021, 02:30:08 PM
Yes, it looks like you know who with some help.
However, it does not seem to me that this is a useful trend for cryptocurrencies, coins that can depreciate at any moment can seriously damage the reputation of a cryptocurrency.
I believe that people should know in advance all the necessary information about these coins and correctly assess the risks.

full member
Activity: 1190
Merit: 108
August 03, 2021, 02:24:53 AM
Memes are a product of today's crypto developments, offering quick gains on trades, but also a lot of downsides as i see it.
Its really become new trend nowadays, with alot of victim because they did not aware with what their follow.
For me, Meme coin is not my style to get profit, its too dangerous, the price going high and down so quick and sometimes rug pull happened and nothing we can do when its really happened.
hero member
Activity: 3010
Merit: 666
July 22, 2021, 06:32:20 PM
Well in my own opinion when meme coin was very trending, others also may follow the steps of dogecoin because they saw how popular it is.
There are a lot of meme coins that have been followed and perhaps their devs thinking that it is the same with dogecoin they will also get possible profit. It seems like on gaming base NFT that now becomes trending --we saw now that there are a lot of projects that has done the same because they saw that there is one project on game-based NFT that recently very trending.
They are in the wrong idea, they are also following shitcoin and means that they'll be going to become sh** as well in the near future. They are supposed to think about how they could help the crypto space to grow, not to help it down and ruin the image. Because of these numbers of meme coins, I don't know how to find reliable and legit projects.

They just get in trending and hypes because of the bullish season but as it was done, I'm not going to expect that they will survive the crisis.
full member
Activity: 1148
Merit: 101
July 22, 2021, 12:20:27 PM
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?
Dogecoin is inseparable from how its creator gave birth to cryptocurrency. In the past dogecoin was a meme coin in crypto currency but valued not because of scarcity and supported by buyers who are constantly buying new dogecoins in circulation to maintain their value, now popular and in demand by many people, my opinion of meme coin is a concern in the market, for me to get this profit no problem, more and more coin demand will trend in the market.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
July 22, 2021, 04:55:21 PM
Well in my own opinion when meme coin was very trending, others also may follow the steps of dogecoin because they saw how popular it is.
There are a lot of meme coins that have been followed and perhaps their devs thinking that it is the same with dogecoin they will also get possible profit. It seems like on gaming base NFT that now becomes trending --we saw now that there are a lot of projects that has done the same because they saw that there is one project on game-based NFT that recently very trending.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
July 22, 2021, 04:49:06 PM
- I can only say that these mushrooms have started to go moldy and start to decompose

 Cheesy

True, one of the biggest problems in this cryptocurrency market is precisely the copy/paste, it is unbelievable what we see. Until months ago people started to create many projects named after Japanese food, then came elon musk (doge pai) who started to support doge coin and many scammes started to appear to create altcoins named after dogs, something ridiculous... but What shocks me the most is to know that there are hundreds of people who take money to invest in these altcoins named after Japanese food and named after a dog and with that the cryptocurrency market keeps having several meaningless altcoins, pure pump and dump

but many people are still loyal members of such projects, naivety or greed is the incalculable consequence.

and to make matters worse, people are creating videos on social networks to publicize such meaningless projects
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
July 22, 2021, 12:13:50 PM
Some people are being crazy for meme tokens It's just a matter of time. As we know Shib has achieved massive growth in its price so after seeing this some useless people will have thought why shouldn't we create our own meme tokens and make people fool and it has begun luckily some meme tokens were able to gain attention and it's all became a trend or hype whatever it is anyways this is not gonna happen last long.

Always think that way, there are sets of people who understand the laziness and greediness of other people. By creating Memes they are seeing potentials that investment will flow,

Using some tweaks, pumping the coin after listing it then wait for traders and investors to follow and ride, simple way of taking profits without any real use and help to this industry.
legendary
Activity: 3752
Merit: 1415
July 22, 2021, 04:41:14 PM
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?
Dogecoin is inseparable from how its creator gave birth to cryptocurrency. In the past dogecoin was a meme coin in crypto currency but valued not because of scarcity and supported by buyers who are constantly buying new dogecoins in circulation to maintain their value, now popular and in demand by many people, my opinion of meme coin is a concern in the market, for me to get this profit no problem, more and more coin demand will trend in the market.

These mecoins (including doge) provide zero to the current market of coins.  They are all just ways for people to trade to get more bitcoin.  The constant block reward of 10,000 doge every minute will be the death of that coin.  There is no way to continually sustain it.  You constantly need more buyers but when it plateaus the bottom will be so hard because the selling pressure will just keep coming.
full member
Activity: 926
Merit: 100
July 22, 2021, 04:36:42 PM
Dogecoin is inseparable from how its creator gave birth to cryptocurrency. In the past dogecoin was a meme coin in crypto currency but valued not because of scarcity and supported by buyers who are constantly buying new dogecoins in circulation to maintain their value, now popular and in demand by many people, my opinion of meme coin is a concern in the market, for me to get this profit no problem, more and more coin demand will trend in the market.
True, but for the meme coin category, usually it will never stay in a good trend for long, even though the meme coin has been in the crypto space for a very long time like Dogecoin, because Dogecoin stays in crypto not because of the pump or hype, but because it is a meme coin which is good in general, despite the hype someone deliberately creates.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
July 22, 2021, 04:12:54 PM
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?

MEME coins have been around for a long time now, at least DOGE coin has been around but a good attention was not paid on it not until this year, and since the crypto space most of the times moves with trend, MEME coins became a new trend to the extent that even top exchanges were listing them so as not to miss out.
Also, since it is all about trends, a lot of scam ones were created which are littered everywhere in this space as seen today. To add to this, most of these Meme coins are just for pump and dump with no clear path as to what they can offer in the future.
Lastly, asking if they are bad for the industry, I can't say yes because for top exchanges to list them shows that they aren't bad or maybe to an extent, but however, one will need to apply extreme carefulness when buying or trying to hold any of them for long term.
sr. member
Activity: 1498
Merit: 443
July 22, 2021, 04:10:01 PM
If he meant Shiba Inu, he is right to have analyzed the right coin meme but if other alt coin memes are not recommended to follow in long term trading due to high risk of loss
Do you think Shiba Inu is the right coin for the long term?
No, it is not a proper coin to hold for a long time. This coin is growing just because of the hype of Dogecoin. I am not sure the hype of Dogecoin to last a long time. They are the same, meme coins, so the risk is always the same. We all agree if all meme coins are too risky for a long-term holding.

meme coin is just an opportunity to recover losses or take profit for short term trades .
I never buy meme coins to recover my losses. Why do you want to recover losses on the riskier coins?
I think it is not a good idea, you put your funds into an inappropriate coin. This may lead you to bigger losses.

sr. member
Activity: 980
Merit: 252
July 22, 2021, 04:04:50 PM
Everyone who was able to make money by investing in any, even the most junk coin (Dogecoin, Memecoin or the like) will be in a better position than those who invested in a serious, technological project, but lost all their savings. This is the essence of investing. Choose and take risks in the moment.
full member
Activity: 2324
Merit: 175
July 22, 2021, 03:56:52 PM
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?

It's a bad entry point for newbies to get introduced to Cryptocurrency because of MEME coins, these are pump and dump coin the chances to make a profit is lower, and you will end up losing or have to cut your losses if you don't know how these developers and old investors are pumping and dumping this kind of coins, newbies should start with coins that are on the top spot already.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
July 22, 2021, 02:39:13 PM
I think coin memes are not a definite benchmark in giving rise to industry, many coin memes that appear on the platform will not happen like the dogecoin meme coin that reaches a new ATH and it's possible that the newly emerged coin meme most of these coins are just looking for profit for themselves and their team
They are only for-profit and the newbies are buying them because of how hype they are. But technically speaking, there's nothing to gain with such because it's hard to bear up with those newly made meme tokens and they're likely to be dumped within the next days after they're being launched. And the first people to dump it are the developers and this is not new in cryptocurrencies. That's why for the newbies, they have to be careful with every investment that they do because that's very unpredictable when exactly they are going to make it happen.
member
Activity: 481
Merit: 11
July 22, 2021, 12:54:33 PM
I think they are might be a new trend for now with a lots of pumps, communities, etc. but in real world and for some serious investors they don't find it a good investment of course if you are an investors you won't buy an asset that is useless and doesn't have any use at all or a live project, right? however this trend could be a good source of profit too.
they came indeed just for the hype. some of the meme projects are serious but most of them are things that will quickly disappear. that's why serious investors won't pay attention to the meme coin that's trending right now. they are too bad in the long run and certainly too risky to put our money in there.
legendary
Activity: 2660
Merit: 1141
July 22, 2021, 10:05:54 AM
There are coin memes that can indeed be used as investments, because they are really serious about running the project
What meme coins are you referring to? I don't know if any meme coins were created by a serious project team. In my understanding, if a project wants to be serious for their business, they won't make meme coins. We all know if the reputation of meme coins is very bad, so some people only use them for short-term trading. But for big investors, they should prefer to choose non meme coins because it is too risky.
If he meant Shiba Inu, he is right to have analyzed the right coin meme but if other alt coin memes are not recommended to follow in long term trading due to high risk of loss, meme coin is just an opportunity to recover losses or take profit for short term trades .
full member
Activity: 966
Merit: 102
July 22, 2021, 12:48:22 PM
I think they are might be a new trend for now with a lots of pumps, communities, etc. but in real world and for some serious investors they don't find it a good investment of course if you are an investors you won't buy an asset that is useless and doesn't have any use at all or a live project, right? however this trend could be a good source of profit too.
TWW
full member
Activity: 1456
Merit: 109
July 22, 2021, 12:32:49 PM
it's was a trend..

Many people know crypto first because of doge, like few years back.

Now with many meme like safemoon, shiba coupled up with many tiktokers shill it too more retail enter the space, but yeah not everything goes up forever, the retail/newbie will pay the price again.
This trend doesn't seem to be over yet.
there are still a lot of people on social media like TikTok and Twitter also talking about some meme coins that have hopes of being like dogecoin and Shiba.
not much can be like dogecoin. The market and community that Dogecoin builds on are already very strong. and it was built in no time.
everyone should know that. because that doesn't mean meme coin will end badly. because in the future there will always be new trends that we never know about.
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