Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now - page 5.

beerlover

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Quote from: Abiky on April 01, 2024, 12:07:26 PM

Quote from: Rasa nanas on March 22, 2024, 12:24:38 AM

If we talk about performance it seems like WIF is the meme coin that has had the best performance this year. whoever held onto this meme coin from the airdrop has probably now made thousands or thousands of dollars. However this good performance certainly cannot beat Doge's popularity and Doge remains the most popular meme coin to date.

That's the problem. If we already knew which "meme" coin was going to "pump", we would've been rich by now. They're like a game of chance where winning is based on pure luck. You could either win big or lose everything in an instant. Totally not worth it, in my opinion. If you've got money you can afford to lose, then go ahead. Otherwise, I'd suggest you choose serious cryptocurrencies with a long-term plan/vision instead (Bitcoin, Ethereum, Monero, etc).

Despite the fact that there are numerous "meme" coins on the market, only one has shown resilience over time. That "meme" coin is Dogecoin. I believe it will survive, while the rest go down the drain in an instant. Elon Musk is the one who started this craze, anyways. Without him, "meme" coins would be nothing today. Who knows what will happen in the future?

Yeah true, pumps are unknown and we have no idea which one will go up and which one won't. I think the fact that we are looking at the market and not understanding why even the ones that went up even went up, talks about the situation enough.

Like I see one of them go up 25% one day, and I look at it and there isn't even a news about it, like if there was some new feature or something new then I would at least sort of understand it, like some new development occurred and now they can use it for something or whatever, none of that. Nothing happens to a meme and it just gets hyped and go up. I believe most of them are just pump and dumps, rich people just buy a lot, pump it, and then dump it on all those people who gets hyped.

Tmoonz

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Quote from: Iamcrypticguy on March 04, 2024, 01:46:02 AM

The memecoin craze has returned in full force, with several meme-themed cryptocurrencies seeing massive gains recently. Leading the pack is PepeCoin (PEPE), which has skyrocketed over 60% in the last 24 hours.

Pepe is a memecoin based on the popular Pepe the Frog meme. It was originally launched in 2013 but gained renewed interest this year as the memecoin market heated up again. The recent price surge has made Pepe one of the top trending coins today, according to CoinMarketCap.

Other memecoins seeing big gains include Wif, FLOKI, SHIBA and Bonk. All doing impressive numbers over the weekend.

The return of memecoin mania also reflects the powerful momentum of hype and virality in crypto. Memecoins often have very enthusiastic online communities that aggressively promote their coin, fueling massive rallies. While memecoin investments are highly risky due to the volatility, the potential for explosive short-term gains is enticing many retail investors.

The comeback of memecoin mania is also indicative of the current bullish sentiment in the crypto markets. With Bitcoin and Ethereum recovering strongly in 2024 so far, investors are more willing to speculate on altcoins in hopes of parabolic returns. This is pushing up memecoins along with the broader altcoin market.

The big question is: which memecoin will perform best going forward this year? Could we see Dogecoin reclaim its former glory as the king of memecoins? Or will newcomers like Pepe, FLOKI, WIF and Bonk continue to steal the spotlight? I'll like to hear your views...

It depends on what you want, Bitcoin is never a quick and get rich scheme, and you must be prepare to be patient enough while investing in Bitcoin, but when it comes for other coins is more like a quick and get rich quick scheme, so it depends on what you want considering your risk tolerance level, financial situation, and your gials and objectives. Si every individual must make that inform idecision based on what will work best for him or her. But however the honest truth has been that Bitcoin is less risky when compared with other coins in as much as every investment comes withit shares of gain and loss.

Abiky

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Quote from: Rasa nanas on March 22, 2024, 12:24:38 AM

If we talk about performance it seems like WIF is the meme coin that has had the best performance this year. whoever held onto this meme coin from the airdrop has probably now made thousands or thousands of dollars. However this good performance certainly cannot beat Doge's popularity and Doge remains the most popular meme coin to date.

That's the problem. If we already knew which "meme" coin was going to "pump", we would've been rich by now. They're like a game of chance where winning is based on pure luck. You could either win big or lose everything in an instant. Totally not worth it, in my opinion. If you've got money you can afford to lose, then go ahead. Otherwise, I'd suggest you choose serious cryptocurrencies with a long-term plan/vision instead (Bitcoin, Ethereum, Monero, etc).

Despite the fact that there are numerous "meme" coins on the market, only one has shown resilience over time. That "meme" coin is Dogecoin. I believe it will survive, while the rest go down the drain in an instant. Elon Musk is the one who started this craze, anyways. Without him, "meme" coins would be nothing today. Who knows what will happen in the future?

Rasa nanas

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If we talk about performance it seems like WIF is the meme coin that has had the best performance this year. whoever held onto this meme coin from the airdrop has probably now made thousands or thousands of dollars. However this good performance certainly cannot beat Doge's popularity and Doge remains the most popular meme coin to date.

Phoenixtrader

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Quote from: wheelz1200 on March 17, 2024, 10:04:28 AM

If this isn't a bubble I don't know what is. No way am I deviating from bitcoin at this point. All of these memecoins are useless and serve no purpose. It's going to be a zero sum game and someone is going to be left holding the bag and it's not gonna be me. I see no point in diving into memecoins at this point, too much risk.

I didn't know why this was funny when I read it. I think imo you shouldn't deviate from Bitcoin.. but memes might be a stepping stone to accumulate more BTC bags. Memes like SLERF, did decent numbers. Rn there's a potential for alts like BENDOG and the likes to do well. That's what I'm doing..I'm positioned on Bitget memezone to snip trending memes..

Abiky

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Quote from: sunsilk on March 17, 2024, 01:59:44 PM

No one will know if dogecoin will retain its position as the king of meme coins but we have known one thing on this market, nothing is permanent except Bitcoin to remain at the top.

Those that have been performing well like those that have been said, they surely have been part of the market as top 100 and they're winners of this market. But you'll never know if they're going to stay there for so long because not everything that's seen to be good now will be there after this cycle.

I am starting to see a lot of recreated meme coins with almost the same name has been made like cybonk, bome, etc. But I am not going to buy them.

Why would a clone replace the original project in the future? It doesn't make any sense. All of the "meme" coins you see now are just failed attempts to recreate Dogecoin's success. They can't beat DOGE, the same way altcoins can beat BTC. I'd expect things to stay that way for as long as crypto lives. Developers are the ones getting rich out of foolish investors buying their worthless "meme" coins. It's a complete loss to be honest.

If you really want to build wealth, choose BTC instead. "Meme" coins are a gamble because they grow big and then end up forgotten and abandoned in the long run. They're only good for short-term profits. The higher the reward, the higher the risk of loss will be. Hopefully, the crypto market will mature as it moves away from hype and focuses into utility. Who knows if PEPE, FLOKI, BONK, and SHIBA's days are numbered? Cheesy

sunsilk

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No one will know if dogecoin will retain its position as the king of meme coins but we have known one thing on this market, nothing is permanent except Bitcoin to remain at the top.

Those that have been performing well like those that have been said, they surely have been part of the market as top 100 and they're winners of this market. But you'll never know if they're going to stay there for so long because not everything that's seen to be good now will be there after this cycle.

I am starting to see a lot of recreated meme coins with almost the same name has been made like cybonk, bome, etc. But I am not going to buy them.

vs2014

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Your title is misleading because bitcoin is king in this crypto world and people invest here more risk free. If you want to risk more from memecoin then it will be up to you because very few memecoin will be long time and most memecoin will be lost in short time span. However everyone has different goals and investment objectives. You can buy any token for investment but profit can be obtained only with research and skill. You should enjoy the bitcoin bullish and grab a share of the profits.

wheelz1200

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If this isn't a bubble I don't know what is. No way am I deviating from bitcoin at this point. All of these memecoins are useless and serve no purpose. It's going to be a zero sum game and someone is going to be left holding the bag and it's not gonna be me. I see no point in diving into memecoins at this point, too much risk.

Dr.Osh

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this is why people prefer to invest in meme coins over other coins. that's because the potential increase is very high, even hundreds of percent in a short time, and the price is also very cheap. So, sometimes people save money they don't use in coins like this hoping that a big rise can occur.
However, the risk is indeed high. But, this often happens when a bull market occurs. However, if you have a lot of money, it's best to choose investments that are clearer, and have lower potential. For a small investment, maybe people will choose meme coin, but if the investment is large, I think people will still choose bitcoin.

dogemoon

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The fact that part of Bitcoin's liquidity has been directed to memecoins (when in the previous session these were last), would indicate that investors no longer have time or energy to read papers and investigate serious projects that they don't even understand, preferring to stay in established and recognized projects, and with part of the gains from each cycle betting on memecoins.

Abiky

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Quote from: Rasa nanas on March 15, 2024, 02:15:40 AM

I think that until now Doge remains the king of meme coins because so far there has been no meme coin that can beat Doge in terms of market capitalization and popularity. It is very difficult to replace Doge as the king of meme coins because Doge was the first meme coin and was the beginning of the creation of meme coins.

Lets not forget that Dogecoin also has Elon Musk's endorsement. This should keep it afloat for quite some time. The rest of the other coins are trying to carry on with Dogecoin's success. But they will eventually fail. After all, they "can't beat the real thing". I hope the crypto market becomes mature enough where "meme" coins and speculative NFTs are no longer its driving force.

With serious projects laser-focused on real use cases, the crypto industry could reach new heights. I'd try to avoid "meme" coins like the ones mentioned by the OP, just to be safe. It's not always about making money, anyways. Grin

Rasa nanas

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I think that until now Doge remains the king of meme coins because so far there has been no meme coin that can beat Doge in terms of market capitalization and popularity. It is very difficult to replace Doge as the king of meme coins because Doge was the first meme coin and was the beginning of the creation of meme coins.

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Quote from: evichi on March 14, 2024, 11:23:00 PM

While the gains on meme coins, like Pepe during this bull run is more than that of Bitcoin, it is still a high risk to invest on meme coins. I suggest that you watch your back especially new meme coins - ensure you invest only what you can afford to loose. As most of the growth associated with meme coins are usually due to hype, meme coin's growth is not sustainable. Once the hype fizzles out, holders of such meme coins may experience huge loss. It is important to note that scammers may take advantage of this bull run to defraud unsuspecting investors on meme coins.

well to be frank there are tons and tons of coin that actually have utility and still gained more than meme coin but undeniably meme coin growth has been quite fast in every bullrun it always grow to certain extent where the project just gaining massive increase to the level of hundred millions sometime within short amount of time the community behind the unified movement of pump is crazy to be honest.
far surpass some of other popular coin in that regard.
to be honest, there's nothing wrong with investing in meme coin it all comes down to speculation after all its just that investing in something that has fundamental seems just give me more ease of mind for investment though.
therefore i will pass on the meme coin investment but good for them that willing to bet their money and make some good profits.

irhact

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Quote from: Iamcrypticguy on March 04, 2024, 01:46:02 AM

The big question is: which memecoin will perform best going forward this year? Could we see Dogecoin reclaim its former glory as the king of memecoins? Or will newcomers like Pepe, FLOKI, WIF and Bonk continue to steal the spotlight? I'll like to hear your views...

I don't think we should forget Bitcoin even though there are Memecoins that are becoming top gainers, those memecoins can't hold their position for so long as another memecoins will top them and the interest will be lost from investing in the previous trending memecoins. Bitcoin will always have interest and when you make profits you can always be sure that you will never lose all your profits as Bitcoin will always be trending every time there's a bull market but not the same for altcoins.

The new memecoins are going to give new profits than dogecoin as they're new project will more chance of rising and this is the reason Pepe is gaining more attention. New investors believe that the old project has already been bought and to make more profits they have to invest in new projects so they can get more amounts with a small amount of investment. Don't forget Bitcoin but also invest in altcoins.

evichi

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While the gains on meme coins, like Pepe during this bull run is more than that of Bitcoin, it is still a high risk to invest on meme coins. I suggest that you watch your back especially new meme coins - ensure you invest only what you can afford to loose. As most of the growth associated with meme coins are usually due to hype, meme coin's growth is not sustainable. Once the hype fizzles out, holders of such meme coins may experience huge loss. It is important to note that scammers may take advantage of this bull run to defraud unsuspecting investors on meme coins.

Abiky

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Quote from: Iamcrypticguy on March 04, 2024, 01:46:02 AM

The memecoin craze has returned in full force, with several meme-themed cryptocurrencies seeing massive gains recently. Leading the pack is PepeCoin (PEPE), which has skyrocketed over 60% in the last 24 hours.

Pepe is a memecoin based on the popular Pepe the Frog meme. It was originally launched in 2013 but gained renewed interest this year as the memecoin market heated up again. The recent price surge has made Pepe one of the top trending coins today, according to CoinMarketCap.

Other memecoins seeing big gains include Wif, FLOKI, SHIBA and Bonk. All doing impressive numbers over the weekend.

The return of memecoin mania also reflects the powerful momentum of hype and virality in crypto. Memecoins often have very enthusiastic online communities that aggressively promote their coin, fueling massive rallies. While memecoin investments are highly risky due to the volatility, the potential for explosive short-term gains is enticing many retail investors.

The comeback of memecoin mania is also indicative of the current bullish sentiment in the crypto markets. With Bitcoin and Ethereum recovering strongly in 2024 so far, investors are more willing to speculate on altcoins in hopes of parabolic returns. This is pushing up memecoins along with the broader altcoin market.

The big question is: which memecoin will perform best going forward this year? Could we see Dogecoin reclaim its former glory as the king of memecoins? Or will newcomers like Pepe, FLOKI, WIF and Bonk continue to steal the spotlight? I'll like to hear your views...

If you're willing to take huge risks with your money, then investing in "meme" coins should be a no-brainer. But I wouldn't advise leaving Bitcoin behind, especially when it's the major driving force of the market. I know many people want to get rich quick with crypto. But that's not the way it works. It takes a lot of patience and dedication to get what you want.

"Meme" coins were created as speculative investments serving no purpose other than being a pure joke. Just because Elon Musk endorsed Dogecoin, doesn't mean "meme" coins are worth it. Unfortunately, the level of immaturity in the crypto/Blockchain space has led us to an influx of "meme" coins that moves us away from Bitcoin's original values. I sure hope this craze comes to an end, so people could focus on what matters most.

It's not about the hype, but rather the usefulness of any given cryptocurrency. If the coin you've selected provides real use cases to the world, then it could last a lifetime. Just remember to diversify your investment, and there should be nothing to worry about. Grin

Claymore2

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In my view, while meme tokens can yield big gains, they're also highly volatile. Unlike Bitcoin's steadier growth, meme tokens often see sudden spikes and crashes. It's wise to take profits rather than risk losing out if their value suddenly drops.

o48o

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Quote from: Webetcoins on March 10, 2024, 09:25:04 AM

I think those 3 meme coins are not new in the market anymore but the only question is if long they can stay?
If there is any meme coin that will last longer, that might only be Dogecoin, nothing more. There is no coin that can maintain their value or growth because each has what we called as volatility.

There are stable coins but even them do also fluctuate in value. They can recover but non-stable coins recovery will depend on how much their latest ATH are. Meme coins are not the future but it was the title of Bitcoin, (the future of money). Before NFT, we already have meme coins but their trend have only came back for a couple of times now.

Dogecoin had volatile past as well, and has some occasional huge spikes. Dogecoin is like Bitcoin of memecoins, being a first with an exemption of not being developed since.

And yeah, we had memecoins that have died, but so we have altcoins that have died, NFTs that have died but some have survived this bear / all bears runs. And with every bull market there comes more new tokens and coins into this play and many of them have survived. Many of them seem dead in comparison to top 10 marketcap coins even though they might already have huge gains and bigger marketcap compared to last bullrun.

OP:s post is provocative, but i've been in this space for so long that i can't help but smiling, when ever i see people losing their minds over meme coins and NFTs are making more gains then bags they hold. Saying things like "this is the reason crypto is not being taken seriously". If you really believed on your own crypto you wouldn't mind people playing with theirs. I don't get why people are collecting physical trading cards or trading them either, or using money to level up in mobile games, but i don't call them stupid for doing so. It's their money.

There will be just more meme tokens then ever, and most of them die for sure, but that's just casino economy. We don't need to understand it for it to keep happening. Most people don't understand basic any other economic systems either. You can think meme tokens as surrealism in economics.

PurpleDog

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All of us try to earn money, one way or another. Hodling is a way to go, trading is another and there's nothing wrong with trying to spot the next meme coin that will make it to the moon. Like I said in another thread, PENG might be the one. Or not. Grin

Topic: Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now - page 5. (Read 1069 times)