Future of meme coins like dogecoin, dogebnb, shib, etc. - page 2.

Mkmanik

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Quote from: konflikkastil on October 02, 2021, 01:59:04 PM

I think Meme coins are so underrated, cause when you take a good look at most of these coins you will know that anything can happen at anytime resulting into breaking out for a big cash. Anybody can come and adopt the coin since it's not that attached to a particular purpose and solving any real life issues. The lesson Dogecoin has thought me alone, is never to underestimate the power off any coin. Majorly, the so called Meme coins. Do you know some people have made so much money on degecoin than they will ever made in BTC or any other stable coin.

Which one is underrated? You sure whats you are talking about? Dogecoin, Shib, Safemoon all pump a lot. It was hype, Nothing else. Especially you are talking about Dogecoin. I strongly believe this coin pump because of the ELON MUSK tweet. ELON makes a lot of tweets regarding this coin and new investors show too much attention to this coin. After many years this coin pumped like a rocket. That doesn't mean all the MEME coins will follow Dogecoin.

Sooner or later most of the meme coin will die. Dong hopes big from those coins. you can buy some meme coins for entertainment purposes but the risky is 99% here. Don't compare BTC with DOGE. Bitcoin investment is the safest and it's proven also. I don't think, I need to explain it.

TimeTeller

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Quote from: konflikkastil on October 02, 2021, 01:59:04 PM

I think Meme coins are so underrated, cause when you take a good look at most of these coins you will know that anything can happen at anytime resulting into breaking out for a big cash. Anybody can come and adopt the coin since it's not that attached to a particular purpose and solving any real life issues. The lesson Dogecoin has thought me alone, is never to underestimate the power off any coin. Majorly, the so called Meme coins. Do you know some people have made so much money on degecoin than they will ever made in BTC or any other stable coin.

Are you sure meme coins are underrated?
Most of them don't actually have purpose but hoping that they will be hyped by the community.
Like for example, SHIB, what is the major reason why it was created?
Have you seen their thread in the forum? The OP is not active here and yet, they gained so much popularity.
I agree that many people got their huge profits from doge, but they just got lucky.
Don't expect that this will happen to other meme coins again.
In time, people will think, what is the use of these meme tokens in the market?

crzy

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Quote from: speedforce on October 02, 2021, 07:46:16 PM

It will stayed on its price if the community strong enough to hold the sell pressure at the moment. I dont think many people who bought at the peak would cutloss its positions too.
But if it happens, probably the price would be sinked since the community is lost all its hype in the future.

Those who bought at peak with SHIB can now have the chance to sell it, the price is getting better and the chart is looking good aiming for a new peak. If the market continues then good meme tokens has the chance to pump as well. Though I'm not really into meme token because for me they have no reason to stay in this market especially the fake meme token, but for those who wants to keep on joining the hype, this might be a good chance to make profit again.

speedforce

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It will stayed on its price if the community strong enough to hold the sell pressure at the moment. I dont think many people who bought at the peak would cutloss its positions too.
But if it happens, probably the price would be sinked since the community is lost all its hype in the future.

konflikkastil

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I think Meme coins are so underrated, cause when you take a good look at most of these coins you will know that anything can happen at anytime resulting into breaking out for a big cash. Anybody can come and adopt the coin since it's not that attached to a particular purpose and solving any real life issues. The lesson Dogecoin has thought me alone, is never to underestimate the power off any coin. Majorly, the so called Meme coins. Do you know some people have made so much money on degecoin than they will ever made in BTC or any other stable coin.

julim99basit

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I have been in crypto world from 2 years, not too good experience but i can say meme coins like doge , shib , goma etc are almost gambling coins. They are very risky to invest or buy these types of coins while sometime they also give very huge profits like 20x , 40x with very short period of time. So i think future of these types of coins will be risky while for short time like 6 months they are good to invest.

BuNga_cute

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Quote from: South Park on September 30, 2021, 01:53:28 PM

Quote from: kizlod on September 24, 2021, 10:09:15 AM

Dogecoin might have future because it has pretty big and devoted community. The others are just were trying to get on the hype and like most of the times it can't work for long.

This is that simple, dogecoin despite its nature as a meme coin has gained recognition from a section of the community and it has in fact some actual usefulness and as such I see it surviving for a very long time, however the rest of the meme coins are just trying to get advantage out of this and while this has worked for a while, since this growth is not based on nothing solid then sooner or later it is going to go away and when that happens those coins will disappear.

Of all the meme coins circulating, it is likely that only Dogecoin will survive, because Dogecoin is an old project that has been proven to last until now.
Because other meme coins only take advantage of the hype that occurs in Dogecoin, without any clear function. It is very likely that meme coins other
than Dogecoin will eventually slowly disappear, because it is abandoned by investors who no longer get benefits. The conclusion is that we should
avoid investing in meme coins other than Dogecoin if we don't want to suffer losses.

SquallLeonhart

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Quote from: ipanks on October 01, 2021, 07:37:19 AM

If that meme coin is Dogecoin, that could still have a future but for the others, I do not know because those meme coins are released in the Dogecoin booming, so many developers want to get benefit from that moment. So it is still a mystery to see if meme coins can reach popularity like what happened before. Besides that, we do not know their future because the trend will always change in the crypto world. But who knows, those meme coins can come back and repeat their time to attract attention from the investor.

That is exactly what they did. Dogecoin had the logo of a shiba inu and that is because there is a shiba token for example. There is absolutely nothing about that shiba token that makes sense, it is a useless and worthless token that will never worth something in the future but people did show a lot of interest to it because people wanted to be part of this memecoin world and that is why they invested into it.

I do not really get why people are doing that, I would never invest into something like that ever but I still enjoy being away from it and let others lose their money and learn from it. If you do not make bad investments like that then you will never learn to make safer investments neither.

Mkmanik

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Quote from: ipanks on October 01, 2021, 07:37:19 AM

If that meme coin is Dogecoin, that could still have a future but for the others, I do not know because those meme coins are released in the Dogecoin booming, so many developers want to get benefit from that moment. So it is still a mystery to see if meme coins can reach popularity like what happened before. Besides that, we do not know their future because the trend will always change in the crypto world. But who knows, those meme coins can come back and repeat their time to attract attention from the investor.

Right now there are a lot of Meme coins available and most of them are made by the same developer team that I believe. They just taking advantage of this current hype. Most of the Meme coins pumped a lot and those developer team already makes a lot of money. Still, they are creating these kinds of coins.

Personally, I don't like dogecoin, also not holding any dogecoin right now. I have no plan to hold Dogecoin, Sometimes I just take some trade Dogecoin. But with a tight stop-loss, because this coin is very volatile. For fun I have bought a few million SHIB, If they hit 0 I don't regret it because I bought those coins for only fun.

A few days ago I also bought some ELON coins from the Kucoin exchange. I don't know what will be happening in the future but if they hit 0, I don't regret it. I bought it for gambling purposes, I know the risk is 99% here. Maybe one-day ELON MUSK will show some interest in this coin like Dogecoin

So holding a few million ELON coins is not bad at all.

RokokGudangGaram

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As long as they don't have actual use in our lives, they will not stay long even if they are meme coins or actual projects. The reason why meme coins are still here since many people and community support it and some kind of influencers online try to make it a hype but in reality they are not Ethereum or Bitcoin they are just a coin with no actual use.

ipanks

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If that meme coin is Dogecoin, that could still have a future but for the others, I do not know because those meme coins are released in the Dogecoin booming, so many developers want to get benefit from that moment. So it is still a mystery to see if meme coins can reach popularity like what happened before. Besides that, we do not know their future because the trend will always change in the crypto world. But who knows, those meme coins can come back and repeat their time to attract attention from the investor.

cafucafucafu

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Absolutely no future.

They all have no intrinsic value and now the space is getting absolutely saturated by these coins for no apparent reason.

Once interest rates start lifting up and the era of easy money starts to end, these meme coins will tumble to zero.

Sithara007

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Quote from: Jaered on September 30, 2021, 03:41:21 PM

Just like any hype, whether in crypto or outside crypto, it is bound to die off sooner than later. It's a life axiom and there is nothing you can do about it. NFTs appealed mostly to celebrities who saw it as a quick profit scheme and they made their money off the hype, and that would be it. So my advice, pull out when you can. It's not a long term thing

You can't be sure about it. In such case, shitcoin such as Doge should not exist by now. It was created just to mock the idea of cryptocurrency in 2013. It has not only survived, but also managed to accrue a market cap of tens of billions of USD. If it was just a fluke, then it could have survived only for a few months and not for this long. But over the years, a large number of celebrities have been pumping the coin for their own benefit and this has made Doge as one of the top-10 cryptocurrencies. Latest is Elon. Let's see whether it works in long term.

isaac_clarke22

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Quote from: dothebeats on September 24, 2021, 07:56:11 PM

~

Same thoughts as this.
Putting it as a meme coins just makes it like something not to be taken seriously. Now you made me recall of Musk's hype to Doge back in the days, when he chooses to hype it over Bitcoin due to "environmental effects" that he claims about Bitcoin.

I heard a lot of casino use Doge though, at least that is what I heard of its actual utility other than another investment.

Jaered

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Just like any hype, whether in crypto or outside crypto, it is bound to die off sooner than later. It's a life axiom and there is nothing you can do about it. NFTs appealed mostly to celebrities who saw it as a quick profit scheme and they made their money off the hype, and that would be it. So my advice, pull out when you can. It's not a long term thing

haidil

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I'm not too sure about coin memes, because no matter how they behave they don't have long lasting value. So for anyone who wants to play around with meme coin please pay attention not to make it a long term grip. Even for the Doge though when your mental is not ready to wait for the increase. All this is because meme coins suck too much hype and can't promise a good future as an investment coin at all.

rezasg

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Quote from: DogeBNB.org on September 24, 2021, 10:01:28 AM

Leave your comments below. Wink

You have to keep in mind that most of the meme coins currently circulating in the market right now have a high-risk rating and certainly won't last long. Just stick to those well-established and stable coins. The likes of ETH, ADA, LTC, BNB are excellent choices.
You might want to check out Stakenet's XSN as well. Another stable project that has been around since 2018. Has an impressive road map and white paper. Run by a transparent team of professionals and backed by a positive community. Certified rug proof.

South Park

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Quote from: kizlod on September 24, 2021, 10:09:15 AM

Dogecoin might have future because it has pretty big and devoted community. The others are just were trying to get on the hype and like most of the times it can't work for long.

This is that simple, dogecoin despite its nature as a meme coin has gained recognition from a section of the community and it has in fact some actual usefulness and as such I see it surviving for a very long time, however the rest of the meme coins are just trying to get advantage out of this and while this has worked for a while, since this growth is not based on nothing solid then sooner or later it is going to go away and when that happens those coins will disappear.

Ararbermas

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For me probably doge only can survive in the market when it comes meme coins because this first ever meme coin already proved that despite of some rumors and negative feedbacks it still can survive and make good improvement in the market, and also shiba inu this one makes hype after some bad news as well wherein instead of falling it showing up by 3%.. Lol so if i will choose which is good meme coin in the market it should be these two. No other than., I don't know in the future if there will be the next good meme projects.

matchi2011

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Quote from: AwoCorporation on September 30, 2021, 08:21:05 AM

There are so many meme coins in the crypto space right now, and not many are able to survive, only meme coins that have a large community that will survive and even then if the fan community continues to support it, currently only two meme coins are in the spotlight namely DOGE and SHIB, this Also due to the hype created by Elon with his tweets, it is not easy for a meme coin to survive in the crypto space.

Musk make a huge impact way back, but now without his presence Doge is no longer experinecing any hypes, Musk is quite for now
but who knows if this meme coin will bounce back and again recieve support from the public. With SHIB, since the price still cheap
we can't tell if there are still investors who wanted to follow and take the risk investing with this coin.

Topic: Future of meme coins like dogecoin, dogebnb, shib, etc. - page 2. (Read 481 times)