Are we already in meme coins mania? - page 4.

so98nn

hero member

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As stated they are nothing much but the meme coins so they are made to do nothing but make joke of! Cheesy

They are like fuels in the crypto open space, if you light it with smallest possible fire then it will catch big fire in the market and make a boom. But obviously after few days that is unaccounted for!

What I mean with this example is: We seen same story with the DOGE. The coin was literally worth penny and it was easy to pump with even small money. But guy like Elon fuel it with his fans money, his own money and driven the big fire towards it giving our ROI more than thousand percent in very short period of time.

That is the whole point here, meme coins are joke to the crypto, then can played the way we want if done smartly.

isaac_clarke22

sr. member

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Merit: 264

Quote from: maxreish on July 21, 2021, 10:06:24 AM

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Pretty much this. I still kind of heard some people being able to use them to casino stuffs though I am not fan of these gambling stuffs due to how risky it is rather than investing.
These are pretty much just hyped up most of the time.

ethereumhunter

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Activity: 2912

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Leading Crypto Sports Betting & Casino Platform

Quote from: Noruka on July 21, 2021, 11:00:27 PM

Quote from: teosanru on July 21, 2021, 11:50:59 AM

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Who knows whether it is really over. Memes are a wide field. For now it related a lot to dogs and frogs and I don't know... Cheesy

But you can turn a lot of things into memes. You can turn Trump into a meme. Therefore we will see more meme coins coming, but we will probably not have another DOGE.

Doge will still Doge and it can not replace by the other meme coins. The trend for meme coins already end but it could rise again as we can not predict what will happen in the future. But playing on the meme coins can tempt people to become greedy because they already make a big profit from Dogecoin and still want to make another profit from the other meme coins. But they need to wait for more to see if the meme coins will have the chance to rise.

DapanasFruit

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Activity: 1218

Merit: 49

Binance #Smart World Global Token

Right now, even if the whole cryptocurrency market is on a big dip or bearish mode, there is a resurgence of meme token projects all over. Just go to any free-to-join Telegram shilling groups and you can see what I mean. There are just too many and they are all promising the heavens including the stars and the planet therein to their prospective investors. They all want to bring us to the moon and beyond. Admittedly, I am supporting some of these new projects but am not anymore shelling out money from my pocket as I am now tired of scam type of a project and those who just failed or died a natural death. We have to be careful as 99% of these will just evaporate into the sky together with the money you invested on them. Be warned. Be wise.

Noruka

sr. member

Activity: 910

Merit: 253

Quote from: teosanru on July 21, 2021, 11:50:59 AM

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Who knows whether it is really over. Memes are a wide field. For now it related a lot to dogs and frogs and I don't know... Cheesy

But you can turn a lot of things into memes. You can turn Trump into a meme. Therefore we will see more meme coins coming, but we will probably not have another DOGE.

teosanru

hero member

Activity: 2114

Merit: 619

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Davian144

hero member

Activity: 2576

Merit: 579

Quote from: ?? on ??

Maybe yes, but I'm not a meme coin mania. this way to grow the popularity of coin memes with lots of new coins. but I'm not interested in collecting them. always be careful

It's good if you're not into coin memes as coin memes aren't really a collectible in the long run nor are they a good choice for trading in the crypto space,
so it's okay if you don't like coin memes.

maxreish

sr. member

Activity: 1330

Merit: 326

But meme coin is just a meme without crypto use. Just an entertainment purposes that will still fade as time goes by. I dont think there are still new meme coin that can be a dogecoin. I mean, dogecoin used in some gambling site and have been chosen by many investors even before the hype because of the lowest fees and fast transactions.

However, if these new meme coins can also proved their greatest existence in crypto like SHIBA INU and others who created after dogecoin pump, then let us see.

gwdf1

full member

Activity: 680

Merit: 103

Personally I am not against meme coins. Trading on them is a good tool to get more than 10x in one day. But what you should remember when investing in them is: firstly, don’t invest money that you are afraid to lose, secondly don’t be greedy and as soon as you notice that price starts falling, sell it.

It is pointless to hold meme coins and, as a result, to be left with nothing.

lienfaye

hero member

Activity: 3010

Merit: 629

Because of the drastic growth of Doge due to Elon's tweet, meme coins got the spotlight and gain popularity especially to new investors who like to join the hype. Its not surprising to see the increasing number of meme coins on cmc, it became a new trend. However due to the market condition and the price declined of bitcoin, most coins (including meme tokens) were affected of bearish season.

Quote from: wwzsocki on July 20, 2021, 05:31:07 PM

Never buy this shitcoins, especially already pumped once, if you are early and like to gamble, I understand that 800x can be tempting Wink

Indeed its too risky, early investors are the ones who will benefited the price increased and those who were left behind are unfortunate to missed the price pump.

indrakusumaindra

full member

Activity: 728

Merit: 101

The Standard Protocol - Solving Inflation

I feel the Meme coin mania are about to over now cause the correction of bitcoin price. The mania makes people looking for new coins on tiktok or even in some signal coins on instagram, They will buy it fast on pancake swap with high gas and sell it immediately. Its really bad that people chasing pump coin and some people just got dumped very hard by buying this useless coins with zero project at all.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Thank you very much Bitcointalk members for such great response to my thread, haven't expected that.

I was busy last days (of course with crypto) but stay assured I have read all the answers and will be happy to reward few best once with merits, but unfortunately don't have any and kindly ask merit sources to the job.

I know we are in altcoins section but I have read all comments and am sure many deserve merits, so I am quite shocked that I haven't seen even one rewarded.

But maybe this is topic for another thread? Let's get back to meme coins.

I see many of you agree that we have/had meme coins mania on the market started by Elon and Doge, as always in crypto we will have to wait and see where it will bring us finally?

Don't think it will end up well for many newbies, literally only Doge has small chance to survive in my opinion, thanks to Musk and the hype he made.

Never buy this shitcoins, especially already pumped once, if you are early and like to gamble, I understand that 800x can be tempting Wink

I wish luck to all of you on crypto minfields, sorry markets Wink

Cling18

full member

Activity: 1708

Merit: 126

I must say yes since it's too visible that meme coins are getting more attention these days since they're being carried by the hype of most influencers just like what Elon did to Doge. However, I believe that if a coin was originally made for a meme, it would only pump for a short time since it has no definite function.

Review Master

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Activity: 1456

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BitByte Crypto: https://link3.to/bitbytecrypto

Quote from: DonFacundo on July 20, 2021, 08:54:06 AM

With this down market seems most of the meme coins were dumped so much like Shiba Inu and I don't see anymore meme coins that skyrocketing, looks like the hype is over now. The meme coins will not survive for long, only the coin that has a real project.

Just wait for another meme word from Elon musk to get another pump-dump memecoin. Whenever Elon tweets any meme word, memecoin with that same word, skyrocket within short time because of the fomo among users. Indeed, it's just another hype/trend and only real projects with great fundamentals will survive in the long run.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Problem I have is with the big exchanges and crypto websites supporting this shitcoins by listing and even promoting them, this made me realize that some of this big platforms don't really care about the health of this space, but rather, they care more about the money they are getting from all this shitcoins, ignorant investors are getting scammed everyday and when you contact this platforms why they list such projects without proper researching them, they tell you not listing them will undermine the main purpose of crypto currency which is decentralization, meanwhile they themselves are not decentralized.
But am not really bothered though, as it looks like the bear market is fast taking a full swing, am watching closely to see how many of this meme shitcoins will survive a crypto winter if it hits us hard like the one that followed after 2017 bull market.

Evgenklm

member

Activity: 896

Merit: 17

it seems to me that good advertising rules the world, because advertise your product well and people will buy it and it doesn't matter what this coin will cost or what the value is, the main thing is hype.

deathcode

copper member

Activity: 1428

Merit: 253

Quote from: DonFacundo on July 20, 2021, 08:54:06 AM

With this down market seems most of the meme coins were dumped so much like Shiba Inu and I don't see anymore meme coins that skyrocketing, looks like the hype is over now. The meme coins will not survive for long, only the coin that has a real project.

that's what meme coin is doing in the market. grow with hype, when it's all done then a lot of people will throw it away. especially in market conditions like this.
Now the focus of many investors will be more on the big assets in the market. no longer meme coin. but for Shiba, I think they still have a strong and big market. it all depends on the developer. want to raise their token or will just wait for the hype going on in the market.

Jackl87

sr. member

Activity: 1722

Merit: 269

Quote from: wwzsocki on July 18, 2021, 03:03:56 PM

First DeFi then very short NFTs and now I see we are or entering the Meme Coin mania times on crypto markets.

So tell me, are we in meme coin mania already?

https://poocoin.app/tokens/0x984ae7a0e32ae2813831b3d082650e1eca7a1996

I think you are pretty late to the party when you say we are entering the meme-coin mania now. This stuff is going on since the middle of April and i even think that it slowed down now.. thank god for that. I also think that those meme-coin hype was really bad for the whole crypto market overall and it was probably one of the main factors why the market is dumping since the beginning of may. Which serious investor or financial institute would decide to join the crypto market when they see that projects like shiba-inu, elon-one or babydoge have much more trading volume and market cap than most of the new projects that actually have a use-case. I hope that in a few months that whole meme-coin craze is completely gone.

DonFacundo

full member

Activity: 1344

Merit: 102

With this down market seems most of the meme coins were dumped so much like Shiba Inu and I don't see anymore meme coins that skyrocketing, looks like the hype is over now. The meme coins will not survive for long, only the coin that has a real project.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: cryptoaddictchie on July 19, 2021, 08:34:44 PM

Yeah I get it. I just hate the idea mate, no offense cause I also exited when I profited. I just want to reiterate to those who are newbie or just started to invest with this kind of investment should be very careful and always take action and dont be greedy. If you have your profit already should have taken it and dont be greedy cause chance of losing is also there if you become so obsess with higj profits.

Sure, I do have a pity for those who lost their hard-earned money or we know that some people use their savings/emergency funds only to ride the cryptocurrencies boom. Nevertheless, we all should know that it is a non-zero-sum game.

I do agree with your main idea, to warns newcomers who blindly invest/trade to cryptocurrency. There some stories that people suicide because they lost all the money they got, and got no helps but to end their life. That is really devastating. I do too emphasized for the people who participating in cryptocurrencies no matter how experienced they are, to not use their savings/emergency funds to play jumps on this highly volatile market.

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