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Topic: Are we already in meme coins mania? - page 5. (Read 794 times)

legendary
Activity: 2282
Merit: 1344
Buy/Sell crypto at BestChange
July 19, 2021, 10:23:51 PM
#31
Shitcoin is shitcoin.
These random altcoins who are just popping everywhere with huge percentage on 1 day and after few days, look like the very huge dump.
And what I am also starting to see these days are the NFT games, or blockchain games involved. I am afraid to see another set of scams with these new things involved, NFT/Defi/Blockchain games.
sr. member
Activity: 1988
Merit: 283
July 19, 2021, 10:21:16 PM
#30
Since the day that doge trying to impress and want to get attention in the market, thats how some of the meme coins start emerging as well,  they literally take the advantage but after all a waste of time and can't even guarantee profits wherein only losing money. So i suggest to stay away from them. Because they're totally scam project that will show a hype but suddenly  always turn into worthless coin. See what's happen to doge, seems no more chance to recover from the dip after the manipulation.. So don't expect with new meme coins they're a joke in the space.
hero member
Activity: 2870
Merit: 642
July 19, 2021, 10:18:36 PM
#29
Maybe. But it's too bad it's not something new. I mean a new platform.
ICO, IEO, DeFi, NFT. They are all unique. But this time it is not, because most of them are copycats of the original meme coin.
It's bad to tell names. Let's just call them the dogs.  Grin My Twitter account is flooded with those types of new meme coins and I need to unfollow most of the news services that I used before.
legendary
Activity: 2072
Merit: 1315
July 19, 2021, 09:34:44 PM
#28
Let's say that if someone takes a profit knowing the whole project itself is PnD scheme, well they have intention in the first place to blasted all the newcomers who invested. Therefore, they should have known the profits they are taken, are some else's losses knowing the reason why they investing they project in the first place.
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.
sr. member
Activity: 910
Merit: 253
July 19, 2021, 04:20:45 PM
#27
I don't think this is a long term mania phase. Shitcoins moon and die all the time even in the bear market. That's nothing new. There will always be another alt that claims to be the next x100 coin and sometimes it really is, until it goes to zero. The coin you linked to isn't anything special. It is just good old pump dump.

The best coins are those who even call themselves 100x coin! Guaranteed profit, why else the name? Since it fits your comment:

https://coinmarketcap.com/currencies/100xcoin/

Pump and dumps everywhere.
sr. member
Activity: 1596
Merit: 264
July 19, 2021, 04:01:50 PM
#26
~
It all just started when a certain rich guy hyped it up. I wouldn't call it meme coins mania just yet, though I doubt it will happen anyway. Let's just see how long can they still last on their shillings because surely there will be point that these people will sell their coins.
NFTs going crazy right now here in my country as well and it is just because of a simple game.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 19, 2021, 03:22:20 PM
#25
First DeFi then very short NFTs and now I see we are or entering the Meme Coin mania times on crypto markets.

Of course people learned nothing from Doge and keep investing in all sorts of meme coins available on the market.

What is even better there are literally dozens of new meme coins started in last few weeks, don't want to spread the names to obvious scams, so you will need to research this, but believe me I have seen more as 20 new once.

To add the fire many scammers can fill the hype and they pump many of this coins to record highs reaching best gainers positions and scoring free advertisement from the biggest crypto related websites.

For me this is little hard to understand that they do completely nothing to filter this out.

I don't mention any names of websites or project on purpose, every little experienced crypto investor knows what I am talking about.

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

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


I think we are, people want to earn some easy money that is just their nature, instead of trying to earn money consistently and do well over the long term they want to get rich now, and they think those meme coins are the answer they have been looking for and quite honestly they are completely wrong, what they do not understand is that only 1 in 100 will get the results they want and the rest will lose all their money, and if they want to still invest in those coins with those odds then that is their choice.
full member
Activity: 1829
Merit: 134
Moderator
July 19, 2021, 02:31:22 PM
#24
I suppose there was still some little hype on any Coin that created based on meme as you Mentioned "Jiro Inu" On that link but the hype not really much when previously Elon Mention "Doge" Or "Shiba" The crypto market has entered the saturated phase especially on DeFi & Meme from my opinion, It's good try to get some instant profit on short term but not really good for long term.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
July 19, 2021, 12:20:58 PM
#23
I think this coin meme trend has ended, because the influence of Elon, who started this trend through DOGE, no longer has much influence.
sr. member
Activity: 938
Merit: 251
July 19, 2021, 11:18:01 AM
#22
Memecoin/ token have taking a forefront in Cryptocurrency market in recent weeks and you can see these coin been listed daily on coingecko even in a bearish market.  I wonder why people keep creating these token ! It is obvious that  some scamners are creating most of these coin to defraud naive Cryptocurrency investors.  The sign on the wall is big!
sr. member
Activity: 1484
Merit: 326
July 19, 2021, 11:07:15 AM
#21
i dont think NFT and DeFi are similiar to this meme coin, they had strong concept and great for many projects. unlike meme coin majority had no purpose and only for fun and for their community, and it seems like this meme coin it was a trend only because of Elon Musk. and just hype at the time and now looks at the market those coin are tend to continue down more and more . I have some friends who are under a lot of stress because of this.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
July 19, 2021, 09:24:38 AM
#20
I don't think this is a long term mania phase. Shitcoins moon and die all the time even in the bear market. That's nothing new. There will always be another alt that claims to be the next x100 coin and sometimes it really is, until it goes to zero. The coin you linked to isn't anything special. It is just good old pump dump.

I agree, it's just a pump and dump coin and we already have DOGECOIN whom I believe is so special in terms of pumped because it was able to position in the top 5 of the market during its ATH. As we can see, DOGE is dumping already, there was a prediction that it could go as high as $1 and some even believe higher than $1, but look where Doge is going now, it is slowly sliding, so any new coin that is hype will not keep that uptrend in the long run, they'll all die because they are just hype.
sr. member
Activity: 770
Merit: 268
July 19, 2021, 03:18:57 AM
#19
as others have said, we're already past them. it's time for 'high quality project' to face the test. whether they survive or not will decide how they will do in the future. my bet is, just like ico boom, 90% of them will die and the rest will struggle, while only one or two project will fly to the moon.
legendary
Activity: 3234
Merit: 2420
July 19, 2021, 02:20:30 AM
#18
I don't think this is a long term mania phase. Shitcoins moon and die all the time even in the bear market. That's nothing new. There will always be another alt that claims to be the next x100 coin and sometimes it really is, until it goes to zero. The coin you linked to isn't anything special. It is just good old pump dump.
legendary
Activity: 1932
Merit: 1273
July 19, 2021, 02:15:49 AM
#17
~snip Trading crypto is to earn money but somehow if you think of the pnd profits and some are losing their hard earned money due to hype and just been invited out of a silly project? We cant enjoy that way. Knowing we exited on their provided liquidity. Im not saying its a trader faults if he got profit, its just pityful for those who blindly buying those meme coins and lose.
Cryptocurrencies trading as a whole itself is a non-zero-sum game. The profits we have taken are some else losses, no matter whether the project itself has fundamental or a useless cryptocurrency. The thing is how to minimize the losses. I'm sure that every one of us, in the beginning, is completely numb about how trading works, and the lesson and experience have taught the experienced traders a lot.

Let's say that if someone takes a profit knowing the whole project itself is PnD scheme, well they have intention in the first place to blasted all the newcomers who invested. Therefore, they should have known the profits they are taken, are some else's losses knowing the reason why they investing they project in the first place.

member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
July 19, 2021, 01:32:18 AM
#16
If it's true that we are in meme coins mania times like what you said, then in my opinion this is one of the darkest eras in the crypto world. It's stupid, unclassy, and degradation. There are so many great projects out there with remarkable technology and could be massively adopted in real life for human importance, shadowed by these meme coin projects. This is saddening. Common people will only know the crypto world as a joke with a pump and dump scenario. Sorry for being so harsh, but this needs to be stopped
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
July 19, 2021, 01:31:45 AM
#15
i think we are passing this mania stage
Yeah I think this is what's happening right now. Elon's hype on Doge doesn't have that same effect while Shiba lost steam when Vitalik dropped the bomb on them. The new meme tokens like baby X and baby Y, cats, and other breed of dogs didn't really have that popularity.



If we're talking about mania, check out play to earn projects following the footsteps of Axie.
member
Activity: 517
Merit: 10
July 19, 2021, 01:17:22 AM
#14
meme coins have always existed but its been brought to the attention of the quick rich people because of Elon Musk and his ludicrous support for Dogecoin. We will see more and more meme coins being released in the coming months and none of them will amount to anything. I have seen legendaries getting in on the action too and that is concerning because they cannot legitimately think that they are worth anything unless they are just trying to mock.
Yes, without Elon making a trend on coin memes, maybe no one will be interested in meme coins, that's obviously because the functions and benefits are minimal or even almost non-existent.
hero member
Activity: 2296
Merit: 504
July 19, 2021, 01:13:13 AM
#13
I thought were already leaving the mene hype behind? You see not that many people actually interested in meme coin anymore instead many of us has already put our attentjon to something else, whats left are just those existing coins with speculative purpose.
But the newer ones usually fail so hard it got relatively low trading volume  i think theres no point worrying about it.
legendary
Activity: 2072
Merit: 1315
July 18, 2021, 11:58:41 PM
#12
Not sure if meme coins are still on the lose but I am hoping it could end so to give way to those fundamentel and solid projects. Investors should learn to see the difference of good and potential tech from pump and dump scheme. Trading crypto is to earn money but somehow if you think of the pnd profits and some are losing their hard earned money due to hype and just been invited out of a silly project? We cant enjoy that way. Knowing we exited on their provided liquidity. Im not saying its a trader faults if he got profit, its just pityful for those who blindly buying those meme coins and lose.
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