Complete nonsense. It annoys me that the crypto market has reached the point that completely useless coins have weight and are bought by people.
This is pure speculation and nothing more. Blockchain is primarily a technology, and we have coins that are actually nothing at all.
Topic: Are meme tokens dangerous or moon - page 3. (Read 3060 times)
Anyone investing in these real far out "meme tokens" is likely to get severely burned. As we see with Dogecoin, which was an extremely rare exception, even the original creator is calling it worthless trash and advising people against buying it. Dogecoin was around for almost a decade which gave it a very strong base and a lot of the coins were mined before it really got popular. The newer coins have no where near that level of price support - heck Dogecoin even had physical Bitcoins produced because it was such a great novelty. When everyone is trying to copy such an idea then it quickly loses it's appeal to the masses. You're better off sticking with established altcoins than chasing duplicates who are likely only created to make the founders money.
It is all true that even th Dogecoin developers never anticipated this newfound interest in the coin because they were not the reason the coin started getting momentum, it was all Elon Musk who created the momentum in the coin and the developers rushed to upgrade the software because they never bothered to update and anyone investing in the new meme coins is because they expect rallies like these in the future when someone influential helps them achieve their dreams 
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Shit coins are shit coins no matter what and their sole purpose is a basic pump and dump but hey if you catch one at a bargain then buy and be willing to bet your ass on the line but seriously meme coin are just meant the have speculative fun
We do only have few meme coins before the hype happened on this year and when in talks about its purpose then its really literal but it turns out to become the main trend when elon had hyped about Dogecoin and we have seen on how the market did react on that one and after than we had been flooded out by lots of shitty meme coins in the
market which it isnt surprising since this market is highly reactive to news and trend that whenever theres something new then expect that there would
be some follow up and this is where should investors to mind on.
Shit coins are shit coins no matter what and their sole purpose is a basic pump and dump but hey if you catch one at a bargain then buy and be willing to bet your ass on the line but seriously meme coin are just meant the have speculative fun
This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.
Anyone investing in these real far out "meme tokens" is likely to get severely burned. As we see with Dogecoin, which was an extremely rare exception, even the original creator is calling it worthless trash and advising people against buying it. Dogecoin was around for almost a decade which gave it a very strong base and a lot of the coins were mined before it really got popular. The newer coins have no where near that level of price support - heck Dogecoin even had physical Bitcoins produced because it was such a great novelty. When everyone is trying to copy such an idea then it quickly loses it's appeal to the masses. You're better off sticking with established altcoins than chasing duplicates who are likely only created to make the founders money.
Until now I'm not interested in any meme coins, maybe DOGE has shown growth but in it there is a game and manipulation from an Elon and it irritates me, the risk of meme coins I still can't accept, I'd better choose definite coins over meme coins .
Yeah investing in meme feels like Grambling which makes me feel uncomfortable, I just prefer a project that have good product instead of just a coin made with the purpose of being highly speculative. After all for long term investment, these meme coins not gonna be suitable and could drastically dumped in price anytime since it has weak fundamental but with a project with good product long term investment could be promising.
DOGE, SHIB and now another meme coin. I don't think JSHIBA will works as good as doge or shib, right now it's kinda ridiculous most people think they can be rich just over one night to invest on this meme coin like this.
Everything depends on advertisements and marketing campaigns. If another Elon Musk plugs JSHIBA or any other shitcoins, it will increase by 100 times easily, so no problem for people to become rich in just one night by investing in meme coins like this. I am not against meme coins for fast speculations, but when it is for a small sum of money. But as soon as hype ends they will die,so the most important thing is not to be very greedy.
They are garbage and I mean they are the lowest of the low of altcoins. How can something that was made as a joke become successful without any technical advantages over the rest of the altcoins? Doge is shit and has no reason to be included in any discussions of successful coins.
Yes, in general what you say is also true because Dogecoin is in a good position in the crypto space, it's only because of the large volume that it can be in a good position, because if one day no one is interested in Dogecoin anymore, then the ranking will be very deep it could even reach 100th in the crypto space. Still depends on what coin are you investing, there are so many meme tokens now existing in the CoinMarketCap and there are so many newly created meme coins every day and most of them are scam so be careful on investing on all of those, always make sure to have research first before you choose a coin to invest to. Always invest what you can afford to lose and invest only in the coin with the use case.
That last part of your statements applies with this kind of investment, Memes are for those risk takers who are willing to gamble with luck knowing that the project that they are investing is a high risk investment. You are lucky if you pick the one that being pumped and quickly mooning, giving you the chance to cash out your investment with many folds for your profits,
While in the other side, chances of completely being dumped and died as early as it reached the market would bring you to a huge loss.
Still depends on what coin are you investing, there are so many meme tokens now existing in the CoinMarketCap and there are so many newly created meme coins every day and most of them are scam so be careful on investing on all of those, always make sure to have research first before you choose a coin to invest to. Always invest what you can afford to lose and invest only in the coin with the use case.
That last part of your statements applies with this kind of investment, Memes are for those risk takers who are willing to gamble with luck knowing that the project that they are investing is a high risk investment. You are lucky if you pick the one that being pumped and quickly mooning, giving you the chance to cash out your investment with many folds for your profits,
While in the other side, chances of completely being dumped and died as early as it reached the market would bring you to a huge loss.
They are garbage and I mean they are the lowest of the low of altcoins. How can something that was made as a joke become successful without any technical advantages over the rest of the altcoins? Doge is shit and has no reason to be included in any discussions of successful coins.
MEME is suitable for short time investing because new meme coins will come to any market.
Yes, but meme coins are much more risky in the long run, so for those who are late to follow the trend of meme coins will always be at a loss, so there is no need to consider meme coins to own them even in a very short time 
Memes coin or Shit Coin has no any strong fundemental and its supply are huge as compare to other which has a bad effect on his price.
Memes coins goes to moon sometimes but mostely they dump too much and all of your fund lost.most of time shit coin become scam and people who invest here and think I will go to moon got nothing because they do scam
Memes coins goes to moon sometimes but mostely they dump too much and all of your fund lost.most of time shit coin become scam and people who invest here and think I will go to moon got nothing because they do scam
I don't think meme tokens are worthy to invest for long because they just pump and dump. There is no project behind it, the dev made it just for fun and also can make money, he can dump it all anytime. This is how so risky investing in meme tokens, very dangerous...
This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.
Some had already Mooned but majority are Scams , Dogecoin is even a Meme coin that reached the top this year.I'm sure that People around the market that we called Whales had already made thir actions .
They are the one who is making this act on market , and they are Playing the market as the Bitcoin strength shows the whole community and they find this opportunity to manipulate the market.
Meme tokens are dangerous the only can who benefits is the scammers.. They hold 90% of the token which they can dump and exit. It is really dangerous to invest in my opinion. Now you created a meme token I don't think people will interested it.. This down market it is impossible that your meme token will go to the moon.
I also think investing in meme tokens is dangerous, especially since the current market situation is very bad. So if we force buying meme tokens,
what we have we will experience a loss, it is possible that the price of meme tokens will continue to fall if the market has not recovered. After all,
meme tokens are often used by whales to pump and dump, meaning it is very dangerous when we buy meme tokens and sell them too late.
The price of meme tokens will fall even more and it will be difficult to get up again. For now, it's best to avoid investing in meme tokens.
Meme tokens are dangerous the only can who benefits is the scammers.. They hold 90% of the token which they can dump and exit. It is really dangerous to invest in my opinion. Now you created a meme token I don't think people will interested it.. This down market it is impossible that your meme token will go to the moon.
I also think investing in meme tokens is dangerous, especially since the current market situation is very bad. So if we force buying meme tokens,
what we have we will experience a loss, it is possible that the price of meme tokens will continue to fall if the market has not recovered. After all,
meme tokens are often used by whales to pump and dump, meaning it is very dangerous when we buy meme tokens and sell them too late.
The price of meme tokens will fall even more and it will be difficult to get up again. For now, it's best to avoid investing in meme tokens.
Well i dont see the any reasons that could explain that meme tokens are going to the moon. The last pump is only because the tweet from someone famous like elon musk. There is no value behind it and even vitalik butterin just happily sell it and make it dump so hard. I do believe many meme coin are useless and you should not invest on it cause it pretty dangerous, most meme coin have an anonymous developer which i dont think good cause they might be run away and also not credible enough to take as a reason to buy the meme coin.
If the pump just results from a single tweet or support from a celebrity, then it is not going to last. The situation can change however, if some of the promoters take an active interest in the development and make the coin acceptable to ordinary cryptocurrency users. And in case of Dogecoin, I am yet to see any such effort from their part. The promoters and large holders seems to be blinded with the sudden influx of wealth that landed in their hands, after the 100x bull run they had in the last 12 months. They are least bothered about the long term survival of the coin.
In my opinion, not all meme coin prices can increase very high, because only meme coin that have a large community and popular whose price can increase very high, therefore I think investing in meme coin must be very risky and not suitable for long term investment, so of course I will never invest in meme coin, because if meme coin is no longer hype, then the price will be difficult to increase very high, especially if it is a new meme coin.
Honestly, why does the title different from your explanation, thou'? It seems like you're actually confident that meme token is a great thing, you even promoting a project lol. Anyhow, back to the question. I think the answer probably will be different, depending on who you're asking. If those people only focusing on profits then, for now, meme tokens actually not dangerous, it can be a good opportunity to gain some short-term profits. But, if you're asking those people who actually care about the crypto world's future I think the answer is, yes it's dangerous. Why? because it can harm legit projects with good fundamentals, technology, and real use cases. It's shadowed by meme token projects, people leave those kinds of projects for only some short-time profits. Then, those good projects will die for lacking funds. This is also dangerous because common people probably will be attracted just because of this kind of project. Pump and dump scenarios, without looking further what actually the crypto world can do in the future. Sad.
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