how do you think meme coinis? - page 2.

kingvirtus09

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Many meme coins in the market today are showing good performance and have the potential to give good profits once Bitcoin's rally starts in earnest.

But let's just remember that if anyone is going to invest in meme coins, they should only buy at least one of the top 10 meme coins, and those that exceed ten can be bought and can be consider
for a short-term period.

Fiasem20

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Memecoins are cryptocurrency in the crypto space that have no value,they have less potentials unlike Bitcoin.Dogecoin is an example of a memecoin.So if your investing in memecoins it's at your own risk,you just have to choose the memecoins that skyrocketed in the previous bull run.Though with the hype on memecoins by developers and influencers most folks have been scammed because not all memecoins in the crypto world are legit,most of them are created by scammers.And memecoins are pump and dump scheme,if your investing in memecoins you ought to be an active timer of the market order for you to take your profit on time because it may dump and never pump.

Essential10

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Quote from: Mehedi72 on May 30, 2024, 02:13:07 PM

Most of people including me, was considered memecoins as another version of shitcoins cause They don't have enough reason for their existence even I can't analysis themselves properly as they don't reveal their identity or don't have any Whitepaper or roadmap. Just created for fun. And most of these turns into scam after some time. Although some memecoins like pepe bome wif are trying to change this concept of shitcoin cause they pumped incredible and trying to create positive buzz about memecoins

Memecoin has lost credibility nowadays, many memecoin projects are turning into scams despite having a white paper or roadmap. As we have seen in the past dogecoin, Shiba inu lost value after making known gains, then trying to come back for a long time but not yet. Pepe, bome, wifi pump temporarily but there is no real guarantee that it will lose value soon. Due to Bitcoin's recent bull market, many meme coins are trying to stay in the market for a long time. You have to be careful not to lose money too quickly by investing.

GideonGono

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I see meme coin as a way to earn profit, they are like a pump and dump group itself, just as I mention meme coins price could easily be moved.
Most consider them as a shitcoin or worthless in crypto space, honestly I don't really know much on what they are for, cause I only see them as a way to increase my portfolio.
I know how risky they are that is why I don't really hold or see them as a long term investment, when I get a profit from them I would just trade all of it into another alt-coin.

oktana

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While I’ve seen various explanations, think of memecoins as a coin that is created just because it can be created and no particular reason. It is usually created for fun and no serious important attached. What makes it have value is the community that surrounds it. The hype that they create is what makes it soar and investors get interested in it.

Kristiyana

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Actually I'm not a lover of meme and I don't even know about there potential because I don't always look at meme, however with the way op sounded seems he is planning to invest in memecoin, if yes" you need to be very careful because no one can guarantee you about the future of memecoin. well if you're planning to go into meme Investment first you need to understand how meme Investment works and also the risk that is involved in meme Investment, This are the things you need to consider before looking out to invest.

Mehedi72

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Most of people including me, was considered memecoins as another version of shitcoins cause They don't have enough reason for their existence even I can't analysis themselves properly as they don't reveal their identity or don't have any Whitepaper or roadmap. Just created for fun. And most of these turns into scam after some time. Although some memecoins like pepe bome wif are trying to change this concept of shitcoin cause they pumped incredible and trying to create positive buzz about memecoins

DiMarxist

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Memecoins are from the birth of airdrop and all the major cryptocurrencies were in airdrop to memecoins to where they are right now. And memecoins are cryptocurrencies that people like to invest and have quick profit. And that period of waiting there is pump and also dumping so it is good to cash out whenever the memecoin rise in price before it dumps again because it dumps very fast. And the potential is always at the beginning.

pancakebirb

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i think meme coin is just a clone of doge. nowadays many projects with meme concept are popping up and many of them can't survive long after being listed. but doge is not that bad compared to other meme coins.

loco_loco00

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deathcode

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

The advantage of memecoin is that pumps and dumps can occur very quickly. that's very normal for memecoin prices. not all memecoins will be good for you to invest in. You have to take a good look at memecoins that have potential. and choosing memecoin I think is quite difficult at the moment. and maybe you should pay attention that memecoin will not be suitable for you to hold in the long term. Once you get an increase in price, then sell without regret. that would be better for you than thinking memecoin will continue to rise.

adaseb

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Meme coins shouldn’t really have any value however take Dogecoin for example. After 10 years it still exists. And there is also SHIB which I assumed would of died off by now but didn’t. Then there is PEPE and WIF which will also most likely survive.

So just because a coin has no purpose doesn’t mean it’s going to go to zero. If there is a market after it, it will pump like crazy even if it’s worth less.

GreatArkansas

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

It's really risky right now. But sometimes joining with the hypes just to make money is good.
A lot of memecoins right now that randomly pumping without any reason, some are manipulated, some losing money, and some making money. This is really the sign of a bull market and for me, it's kinda becoming normal.

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Most of the meme coins doesn't have any potential or any use-case at all.
Most of them are being created for the sake of profit. Nothing more.

Some of the meme coins are being labeled as "the coin of the community" that's why they're being created under a specific blockchain, but in reality, most of them don't have any benefit to the users at all except for profit (if they can get out with profit of course). Advantages? I can't think of any aside for the fact that they can give huge profits to a very few investors. On the other hand, that advantage can be a disadvantage of course because not all investors will make profit on meme coins because most will lose their money especially those who got FOMOed.

Overall, some of the meme coins might be a good short to mid coin to hold, but most of them are just trash shitty coins that are being created for the sake of profit.

lalabotax

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Can we say that meme coins are really like blades? 1 Siis, that's not a problem and even helps us in some things. but on the other hand, it could be dangerous for us. Yes, this is indeed what is happening right now. Meme coins are often hype coins that appear repeatedly and find almost the same progress and market conditions. namely they optimize in marketing so they can hype as best as possible. After that, they will find that the price of meme coins has skyrocketed very quickly.

After?
Don't ask that, because after that, we won't be able to guarantee it. In the long run, these meme coins will actually be revenge for those of us who are late in taking profits and taking opportunities. because once it's too late to gain profits, there's no chance left.

So, be careful with meme coins if you are new and not familiar with how they work sofar.

Yatsan

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Every coin has its potential to be recognized by investors. Meme tokens are just being belittle by most of us because it is often haaving no utility unlike with other coins. However, we saw it a couple of times; meme tokens haaving a massive price increase in a short period of time; imagine being able to ride the tide. Indeed, most of the time, hype and manipulation are the things which causes sudden price increase but that's still an opportunity to earn profit from investing to these coins, no matter how we look at it, that we should take advantage of whenever there is. Just be mindful that sudden price decline could take place and that is for you to watch out if you are aiming to engaage in meme coins. And if you are too worried, then there are other projects as an option. We do have different risk tolerance and appetite in the first place.

doomloop

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Quote from: kentrolla on April 09, 2024, 08:45:13 AM

I am sharing my personal opinion as I consider memecoins as nothing less than gambling because the projects don't have anything to offer as a technology or solutions and the profit and loss are depending on luck as it can give you 10x or 100x or else it can turn your capital into zero in no time. I wouldn't suggest anyone to invest into memecoins if they are looking for genuine investment but if you are considering it like gambling then go ahead. I don't find any realistic use case of memecoins and there are hundreds in the market.

Why less than only? You should say more than or equal to gambling. Those who want to try to earn a profit, will look for a genuine meme coin because there are also scam meme coins. They can only lack in utility which makes their life span shorter, so we should also treat them as a short-term investment.

We can also trade them. If we like to gamble, it's better to just do it in a real casino because even if you lose your money at them, at least you will enjoy and then you can also help someone else because most casinos are tax payers and I think our tax can also be donated by the governments those people who are in-need of help. Casinos them selves can also do donations directly.

Essential10

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

Due to the increase in the prices of the top coins in the market, many meme coins are entering the market with very attractive offers. Among them, it is the most difficult to predict exactly which meme coin you will be successful in investing in. We have seen many times that many people have pocketed huge profits overnight by investing in meme coins, but I think it is better not to invest in such coins because you can make mistakes in selecting the coins most of the time. Many times after being convinced about the benefits of Meme Coins you may end up getting cheated. Although the decision is yours, if you want to invest in meme coins, invest money that you won't regret losing.

Wexnident

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

For fun. Their advantage? I guess you can say they pump really high and really fast so if you can get lucky and time it properly, you can quickly double, triple or even more your initial investment rather easily. Sadly imo anyone who's able to take advantage of those instances, or at least the vast majority of them, are insiders of the pump-and-dump scheme. Not to mention that only some meme coins are inside that circle. Sometimes they're just straight-up scams so they just take your money and leave immediately.

Outside of that, nothing really. They're usually made to represent a well known meme in the internet, and mostly for fun imo.

Taskford

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Quote from: shanhaigamefi on April 09, 2024, 03:12:00 AM

I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?

You see it spreading its because they are riding with the hype and to many scammers create a token to take advantage of peoples want to earn.

So if you don't want to be a victim of those meme coin scams much better if you ignore or erase the thoughts of investing on any of those since there's nothing you can get there and getting scam is more likely to happen rather than gaining some profit with those tokens.

If you still convince that meme coin is good due to some several people earning with this tokens then even if some people earn there's still a lot more people losing their money because they didn't know how to anticipate on when those scam devs will pull their exit scam so think about it.

Topic: how do you think meme coinis? - page 2. (Read 474 times)