Topic: Are the good days for meme coins gone forever ? - page 3. (Read 885 times)

Then how do we know the ones that will last in the market?

Meme coins are good only for short term investment, you can never be sure when the project will go down despite their promises during their advert and because it is centralized the team can part ways after they achieve their goals.

Following trends for short time is good but always do more research about any project you are about to invest in so that you can be safe and make sure you take your profits because altcoins cannot be trusted.

In my opinion, meme coins will never disappear in the crypto world, because memecoin is a lottery, and of course everyone likes lotteries where lotteries can provide wealth in a short time, but it's not as easy as turning the palm of your hand to get  only luck can determine everything.

Some meme coins performed well while many coins came in the same category become scams Therefore people are often afraid to invest in meme coins but now as there are lots of meme coins which have made many individuals wealthy so people start trusting them.

Meme coins are a chance either this can make you profitable or if it goes wrong then your money will be dropped. The choice is yours whether you want to take this risk or choose another project which will not be as risky as that of meme coins.

The meme coins that have been on the market for a long time are the exception rather than the rule, meme coins due to their nature have the tendency to disappear rather quickly after they are released to the market, with the majority of them never gaining any recognition and disappearing almost immediately, so when taking into account those factors, it is clear that it is a mistake to invest in those coins thinking that somehow you should be able to reap long term benefits out of those coins.

I think it's almost impossible to find a meme coin that can last very long on the market. Maybe only 1 in 10,000 projects will survive. We see meme coins like PEPE SHIB or DOGE that can survive for years but if you dive deeper into meme projects you will see that there are many meme projects that died and gave losses to their investors. I think holding a meme coin for a long time if it is a new project would be very risky. Unless you choose a meme coin in the top 100 cmc.

I too used to be cautious about memecoins. How they don't contribute to the crypto world and how ponzi like they are. But on those several years I stayed away from them, people kept on making their fortunes and at the moment they are stronger than ever. I currently have invested in several memecoins making them the largest part of my portfolio. And in the last 24 hours all of them have outperformed bitcoin and other altcoins that I hold. I'm not just holding but booking the profit at pre-set prices like a grid trading and memecoins provide the right volume and volatility for such trades.

Meme coins will never disappear and will definitely always get support from several communities because as we know, many people have become millionaires just because they have meme coins. Maybe you've heard information about someone becoming a millionaire just because of coin memes. and I'm sure there are many people who are inspired to do the same.

You are right that not all memes are scammers and from some projects many people take profit with their desired capital. There will be volatility in the entire crypto market and you have to stay in the middle of investing. In fact, the valuation level of the market depends on the investors' interest and the development team should strengthen their valuation base and take care of each level over time. The developer team responsible for most of the meme coins' crashes is a barrier to investment. But I think the ones that are doing well have dev teams that are very crafty and you can find hidden gems if you invest. You must check them before investing.

Hehehe...I do not see it like that bro, as the whole cryptocurrency market is a place where the bullish season and bearish season are being observed, and also a place of uncertain moments, and so are the meme coins despite being in the cryptocurrency market itself. Mind you, cryptocurrency is not complete without mentioning meme coins/tokens today, and I am certain that it will always be like that forever, they are part of it. If you take a look at the crypto industry, you would realise that it has classes/sectors, where you see Layers, Infrastructure, Defi, Meme, Liquid staking, AI etc. This alone should have hinted to you that meme is a whole sector of the crypto world, this is intended to be kept that way as it will be a disaster for any flourishing sector of the crypto economy to cease to exist again for whatever reason.

If that happens, then any sector may be threatened going forward which I do not think can be good for the crypto industry itself. As I write, more meme projects are being developed and more will be developed over time. I mean more that will even perform better than many other cryptocurrencies that are not memes, including the ones that are attached to some kind of physical engagement. Meme is a big name now even as the top 2 (Dogecoin and Shib) have a huge market capital already and many more meme projects will over time beat more cryptos of other sectors that are still ahead of them in capitalization to show how much people appreciate them. You can see how Floki, PEPE, BONK, BOME and many more performed in recent months, which are proofs that they are not here for a joke.

You have to understand that many influencers don’t even care nor understand crypto at all. Why should they care whether a specific project can actually bring you profit? All they care about is how they are the ones earning from sponsorship deals.
Influencers hop on anything trending. They gain followers if they do something fun or entertaining and if it means making or promoting a memecoin then they will do it.

Meme coins are popular from time to time because whales generally fill and then empty through meme coins. When they fill it, there are many different marketing tools to attract new audiences, the easiest of which is through Meme. That's why the answer to your question is that I don't think its popularity will end easily. When altcoins start to move, Meme tokens will also move.

I think not, because not all memecoins are scammers, if you are persistent and patient in learning about meme coins then you will get hidden gems with memecoins, if you are lucky and get the right memecoins then you will become a billionaire in a short time,

I agree with you my guy. Investing in memecoins is like playing puzzle games, you don't know if you will win or matched the letters. And now the motivation people have in investing in memecoins or tokens is because of the recent launched of Notcoin and those who mined or bought before it was launched made good profit from the coin and because of that people are mining any token that came to the cryptocurrency ecosystem market. Memecoins behaviors are not clear. Some of them were listed in exchanges and increased in price and few months or years later they would die down.

And if your were not smart enough and removed your coins from the exchange or wallet then your coins would burned and you lost everything. And investing memecoins in a short term is another dangerous movement because you don't know if it will rise again. Those we heard people testimonies that they invested in memecoins in the past and for the FOMO made them to sell it in a short term and later years the coin became popular and done well and increased in price very well and they regretted for selling their coins coins in the early stage.

Nope, that wouldn't happen to meme coins it's just that fluctuations took over that's why we saw some of minor changes in the market. Influencers were all biased, they're just dependent on the reality of trending coins, we need not to worry about it since the perfect timing isn't about to happen. Our patience will be measured during the hard days, even though we felt good days seems to be faded. Always remember surprises doesn't give us any clue, randomly it will shock us without further announcements.

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price

I don't want to say that meme coins are bad but their behavior is not understandable. There are several memes which have good market cap compared to other altcoins which gives investors a lot of profit but price volatility makes them puzzle with right investment timing. I took some meme and was in some profit sharing and holding position. But it seems to me that most meme coins are made for gamblers and are suitable for short term investments.

Will always be there. Keep in mind thaat memecoins solely depends on the hyp created by retailers and big investors, an that's simply something that could take place on any day. However, as we all know, not all meme tokens has the potential to alwas cope up with market price behavior in general except for the big names we often see wherein communities are more sustainable at this point. Never be closing the doors for thins that could generate profit. If you're not really after these coins then that's just fine but we cannot conclude for other people.There will always be a supporter of this catergory ad also people who are either uninterested or are just not confident with meme tokens. Better days are coming for this industry and that includes this meme coin industry.

Why should influencers promote memecoins when they know that there is no guarantee with memecoins. I mean a altcoin that doesn't have any Whitepaper roadmap even any use! Just created for fun. Of influencers promote memecoins then it'll down his/her popular when lots of people lost their fund after investing memecoins. If some influencer can shield a memeocin by money like elon mask, then its good to go. Otherwise it isn't wise to promote memecoins. But nowadays many memeocin are getting successful as if memecoin era js started already.

I don't really understand memecoins, but there are a lot of meme coins whose prices went up when the price of bitcoin went up a few months ago. For now, the price tends to fall, but if we look at the chart from the previous 3 months, we can see a high increase in meme coin.
However, investing in meme coins is a very risky thing, the price can even fall in a short time, or even, when a bull market comes, the price is not affected or even decreases. So, it's very natural if you see some meme coins not experiencing any development at all.

I actually think that many good cryptos are being left behind by these meme coins and that was indeed very disappointing for us who only support good coins and not meme coins. The bull run is supposedly built for them and not for the meme coins.

Meme coins are also the ones that are being promoted by these influencers because there is quick money lying at them. It is either they are being paid by the people behind the meme coin or they do it on their own. We can only wish that all of these are not happening in the meme coins now. They should be gone forever for good and that would bring the shine of the classic cryptos again.