You observed the market well, I saw that also. The big players are dipping but most memecoins are pumping and allowing their investors take profit. Only the very greedy ones who are not fast to sell off once the memecoins they have begin to pump are the unlucky one. Memecoins are high risk and most of those who put their money in it have to know it. Those who are going to depend on comments here to invest without researching those coins should have themselves to blame if they loose their investment. You said it well.
of all things you need to pay attention amidst the ups and downs of the market and that is a normal thing to happen because the cycle continues to turn, even though the market is not good but memes are still there and continue to increase in price and that happens and some memecoins experience a decline and I think when investing in meme coins you should do research first so as not to take risks in the future and this is very necessary considering that anything can happen without you knowing, most of them will not realize it until everything goes downhill. 
Topic: Despite the downtrend. Some memes are still green (Read 205 times)
don't take any of this as investment advice. I'm curious about the new narratives emerging for memecoins. I also find the excitement of getting into early projects quite interesting.
I also find it interesting to be amongst the first people to participate in a project because it brings some kind of joy that once the project pays out you will always be part of it. I like the idea of working out my own projects myself so I like to do research for any memecoins I want to have
I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
Please DYOR and don't take any of this as investment advice. I'm curious about the new narratives emerging for memecoins. I also find the excitement of getting into early projects quite interesting.
You observed the market well, I saw that also. The big players are dipping but most memecoins are pumping and allowing their investors take profit. Only the very greedy ones who are not fast to sell off once the memecoins they have begin to pump are the unlucky one. Memecoins are high risk and most of those who put their money in it have to know it. Those who are going to depend on comments here to invest without researching those coins should have themselves to blame if they loose their investment. You said it well.
Memes are like hiding places and because it gives quick profit , people are quick to throw some dollar in. At least maybe what they can afford to lose. The designs or ideas are what are simply changing but it's all the same scope. It's always good to Take profit though.
Actually, if we look at the Coin Market Cap data, it's true. There are lots of meme coins that experience an increase when the market drops like this.
Let's see this information:
https://coinmarketcap.com/view/memes/
In the last 7 years, there have even been several meme coins that have risen by tens to hundreds of percent, and this is when the price of Bitcoin and other coins have really plummeted.
But the problem is:
how strong will they be on the market and experience an increase?
But indeed, meme coins cannot be used as a benchmark and indeed often work or operate not in accordance with current market conditions. so, just fix it. If we can take the opportunity and profit from it all, that's good, if not, don't let us get hit by hype and suffer losses. You need to be careful, that's for sure and you need to be careful when using these meme coins.
Seriously what an earth are you talking about? I am not sure if you meant to say days. Because if i bought bitcoin exactly 7 years ago price would be up today by 23,908%Let's see this information:
https://coinmarketcap.com/view/memes/
In the last 7 years, there have even been several meme coins that have risen by tens to hundreds of percent, and this is when the price of Bitcoin and other coins have really plummeted.
But the problem is:
how strong will they be on the market and experience an increase?
But indeed, meme coins cannot be used as a benchmark and indeed often work or operate not in accordance with current market conditions. so, just fix it. If we can take the opportunity and profit from it all, that's good, if not, don't let us get hit by hype and suffer losses. You need to be careful, that's for sure and you need to be careful when using these meme coins.
Not to mention other altcoins and how much they have mooned.
And if you meant that during 7 days they haven't moved as much, this has always been the case. Especially with small to microcaps, because it's nature of them being way more volatile then something like bitcoin. They often even live their seperate lives outside of trends, because with micro and small caps, smallest investments can moon or crash them. And most of them crash. People tend to forget that and focus on the rising meme trend.
And ironically some of them rise because people don't understand marketcap works. They just look at the price of one full token being "cheap". And dumb money flows in inflating the price. When it never goes anywhere close to zero, people keep thinking it's cheap. Yet the amount of people needed to keep them floating requires so many ignorant investors that at some point market is too saturated.
I think, there are some memecoins in the market you can invest and have some passive income to achieve, if you can carry out your personal research before investing your funds, because they don't increase high like the way Bitcoin and Ethereum use to increased higher in the market. Never you use the green light to make your choice to purchase memecoins, because there are some memecoins that will continue displaying the green light in the market, the price will not be increasing, because they lack potential teams and it will be very difficult for the memecoin to hit higher in the market. If you have funds to spend on memecoins, I will advice you to spend the funds on Ethereum and BNB, because they are in good position to help their investors to achieve double income in their investment.
Yes they are green but they are not rising but just at the green side. Even Ethereum is not too much affected. When bitcoin hit $70k Ethereum was $3,36+k and now theat the price has come down Ethereum is still there. So the cryptocurrency market is trying to stable at this point and rise again.
Actually, if we look at the Coin Market Cap data, it's true. There are lots of meme coins that experience an increase when the market drops like this.
Let's see this information:
https://coinmarketcap.com/view/memes/
In the last 7 years, there have even been several meme coins that have risen by tens to hundreds of percent, and this is when the price of Bitcoin and other coins have really plummeted.
But the problem is:
how strong will they be on the market and experience an increase?
But indeed, meme coins cannot be used as a benchmark and indeed often work or operate not in accordance with current market conditions. so, just fix it. If we can take the opportunity and profit from it all, that's good, if not, don't let us get hit by hype and suffer losses. You need to be careful, that's for sure and you need to be careful when using these meme coins.
Let's see this information:
https://coinmarketcap.com/view/memes/
In the last 7 years, there have even been several meme coins that have risen by tens to hundreds of percent, and this is when the price of Bitcoin and other coins have really plummeted.
But the problem is:
how strong will they be on the market and experience an increase?
But indeed, meme coins cannot be used as a benchmark and indeed often work or operate not in accordance with current market conditions. so, just fix it. If we can take the opportunity and profit from it all, that's good, if not, don't let us get hit by hype and suffer losses. You need to be careful, that's for sure and you need to be careful when using these meme coins.
~
The memes don't follow the market, they follow the teams that manipulate their coins market lol. And no, the stories they make are just something they use to attract people not really something you'd consider when buying the coin itself for its possible utility, if there ever was. I guess if it was the narrative your buying then yea sure ig, but by then I'd just suggest investing in a novel writer lol. And yes, short-term profits are usually the thing for meme coins. They usually pump sky high at some point then dump 6 feet under after some point, maybe a day or two for most of them.
Based purely on greed. There is no reason projects like bitcoin and eth shoukd be in the red lately and they are going up lol. There is no logical reason why they would be going up. Tells ypu that market is based purely on greed and speculation. When the big projects start moving expect money to pile out of those useless tokens into real projects. Most won't realize until it's too late.
Memecoins don't follow basic market protocols ahaha. It's like magic 🪄✨
I agree, and it really doesn't follow the market cycle and it will just go high and low which you really don't know when to buy or sell. But, investing with meme coins really could get you a lot of profit like the PEPE if you have bought from last year.
on the current hype then they would really be that getting in line with that. This is why there are really that tons of people who do really get fond of dealing with meme coins just for some quick profits
or even thinking that they could really that get rich because of it. On the moment that you would really be dealing up with memecoins is that you should really be avoiding on trying to yourself
on buying on the peak. So how you would really be doing it? No one really knows and this is the primary risks that you would really be needing up to deal with on the moment that you do consider on making such investment.
If you could be able to bare up with dealing up with meme coins then it would be your call but for some people they wont really be touching up this space because
there are tons of rug projects that lurks on this area which i couldnt blame them on.
Based purely on greed. There is no reason projects like bitcoin and eth shoukd be in the red lately and they are going up lol. There is no logical reason why they would be going up. Tells ypu that market is based purely on greed and speculation. When the big projects start moving expect money to pile out of those useless tokens into real projects. Most won't realize until it's too late.
Memecoins don't follow basic market protocols ahaha. It's like magic 🪄✨
I agree, and it really doesn't follow the market cycle and it will just go high and low which you really don't know when to buy or sell. But, investing with meme coins really could get you a lot of profit like the PEPE if you have bought from last year.
Based purely on greed. There is no reason projects like bitcoin and eth shoukd be in the red lately and they are going up lol. There is no logical reason why they would be going up. Tells ypu that market is based purely on greed and speculation. When the big projects start moving expect money to pile out of those useless tokens into real projects. Most won't realize until it's too late.
Memecoins don't follow basic market protocols ahaha. It's like magic 🪄✨
Based purely on greed. There is no reason projects like bitcoin and eth shoukd be in the red lately and they are going up lol. There is no logical reason why they would be going up. Tells ypu that market is based purely on greed and speculation. When the big projects start moving expect money to pile out of those useless tokens into real projects. Most won't realize until it's too late.
From all the coins you've listed, I've only heard of APECOIN. There's an abundance of meme coins, with new ones popping up every single day. With quite a few of them being pump and dump coins, it's not surprising to see them on the green side, even when the whole market seems to be crashing. I'm personally not too fond of such "investments" due to the risk they involve; I'd rather invest in something that has an actual purpose with some kind of potential for growth than some random meme coin with zero purpose.
Despite the market, memes are still delivering. I've noticed many trending tokens like CHEEKS, MICHI, and JASON, mostly celebrity memes. They're some of the funniest I've seen, especially APECOIN, which playfully equates "aping" with investing. However, beyond the humor, APECOIN isn't just a typical meme. It tells a story of determination, depicting a primate's journey and the challenges it faces in its quest to reach the moon.
I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
Please DYOR and don't take any of this as investment advice. I'm curious about the new narratives emerging for memecoins. I also find the excitement of getting into early projects quite interesting.
That's because small/microcaps don't necessarily follow overal trend. Smallest amount of money flowing in or out can move them drastically because there's no real liquidity. But when the overal market is bullish as hell, these small caps are often used for flipping bags and they are definitely not suitable for long time hodl, because all the money will flow to popular coins and tokens.I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
Please DYOR and don't take any of this as investment advice. I'm curious about the new narratives emerging for memecoins. I also find the excitement of getting into early projects quite interesting.
Even trying to do short term flips with microcaps during overall altcoin fomo is way more dangerous then investing to steadily growing mid or large caps.
Memecoins will always have a place. Currently most are built on hype which will eventually end and the coins will vanish. Companies are starting to notice memecoins and are beginning to utilise them as effective marketing tools. Soon this will become the norm and memecoins will thrive as sustainable on their own worth.
copper member
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Correction, despite the downtrend many altcoins not only meme coins are still on green due to the volatility and hype of a certain project that can impact the price easily.
It’s much better to still invest on a high confidence project given that the majority of tokens are all down. Don’t focus much on meme coin since all altcoins is subjected on this kind of opposite trend depending on the news of the token.
It’s much better to still invest on a high confidence project given that the majority of tokens are all down. Don’t focus much on meme coin since all altcoins is subjected on this kind of opposite trend depending on the news of the token.
hero member
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Yes, while investing in meme coins, it is wise to do your own research properly in order not to risk more than what you can afford to lose. Naturally, crypto investment is kind of volatile, but the volatility determines the huge profit and huge loss that are being encountered, which is why it is so important to only invest the amount that you can afford to risk losing in an altcoin investment. If you are investing in Bitcoin, you have some assurance that it is not a pump-and-dumb coin like meme coins. With meme-token investment, you need to be very smart, know when to buy and when to sell, and just take your profit.
Despite the market, memes are still delivering. I've noticed many trending tokens like CHEEKS, MICHI, and JASON, mostly celebrity memes. They're some of the funniest I've seen, especially APECOIN, which playfully equates "aping" with investing. However, beyond the humor, APECOIN isn't just a typical meme. It tells a story of determination, depicting a primate's journey and the challenges it faces in its quest to reach the moon.
I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
There will be no new narrative in meme tokens, and in my opinion, meme tokens did not fully follow the market. The modest market capitalization makes it relatively simple for whales to pump and dump. Investing in memes is obviously quite similar to gambling. I love the idea of profiting from them short-term as more people discover them on social media, which can drive the price up. Even though I know memecoins are high-risk and not worth holding long-term, it's kind of like gambling. Do you think we'll see new narratives for memecoins?
I like how meme tokens have become one source of income for me, but there are only one or two legitimate meme tokens. I liked how it gave me 100% - 1000% results in a short period of time. This will not appear on other tokens or coins.
And if you're lucky enough, a few hundred dollars will make you the next millionaire. I frequently purchase and trade meme tokens on Bitget, and it only lists doxxed meme tokens.
These memes are not easy to find there are lots of minted memes but they fail, only a few memes become popular to people and build a community.
Until now I don't see any reason why memes were created but for others, it is a piece of art it doesn't have any uses right now maybe in the future someone will develop something to make these memes useful.
For now, like you said it's risky to hold this for the long term even in the short term it is still risky we know old news about a project that just suddenly disappeared or rug pulled after they got their target it might be possible in memes they are going to sell huge amount that can make this token price collapse and then disappeared.
Until now I don't see any reason why memes were created but for others, it is a piece of art it doesn't have any uses right now maybe in the future someone will develop something to make these memes useful.
For now, like you said it's risky to hold this for the long term even in the short term it is still risky we know old news about a project that just suddenly disappeared or rug pulled after they got their target it might be possible in memes they are going to sell huge amount that can make this token price collapse and then disappeared.
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