In my research I saw more factors that one can use to determine a genuine meme coins. As the cryptocurrency has come to and existence good and bad coins are also in the space good ones are those ones that tested and trusted while the bad ones are the cryptocurrencies that created by scammers to scam people in the ecosystem so when trying to know more on a memecoin, you have to know some of the factors so that you will not be a victim to scammers. And the following link can give you some the things you have to know about a legit memecoins. https://www.analyticsinsight.net/5-factors-that-determine-legit-meme-coin/
Always play save with memecoins.
Topic: How to Know the Next PEPE (Read 1210 times)
Now I see that some meme coins are gaining popularity again. I don't know about pepe, but for example bonk has shown great growth. Maybe pepe can surprise everyone again. But I wouldn't consider such projects for investment. It is very risky.
In 2021 i wrote an article on medium and created a YT tutorial on how to spot a memecoin project that will become something.
From that teaching, here are the two key factors to look out for.
1. Community:
It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.
2. Strategic Partnerships:
How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.
Therefore in researching the next memecoin project to degen in, these factors should be your priority.
What other factors do you think influence memecoin projects?
From that teaching, here are the two key factors to look out for.
1. Community:
It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.
2. Strategic Partnerships:
How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.
Therefore in researching the next memecoin project to degen in, these factors should be your priority.
What other factors do you think influence memecoin projects?
Because of what happened with the Pepe coin, many whale investors or manipulators supported this coin. Almost nothing is different from Dogecoin. But anyway, if there are many whale manipulators in a meme coin project, it means that they can bring and control its volume market.
In short, they can maintain and generate the volume needed on an exchange site platform. Maybe there are talks being made by those investors who are manipulating the market on the coin they will support. That's what I think and my opinion that can be seen.
Pepw had been a good project that made many of their investors to make money from investing in the projects. Also we should be prepared to take risks since the crypto market is risky on it own. We can make lots of money from the market if we invested our funds on projects that has good community and reliable team that are able to do marketing that would push the project to the next height.
Looking for good crypto project to invest in is not easy. We need to make sure that we keep our eyes on what's new.
If you look at the first initial movement, of course you will be quite surprised by the quite good increase. Even though it was finally corrected, it is still good, but whether it will be able to survive will of course be seen in the future, as will whether, when we enter the halving era, we can also move well together.I agree that if you make an investment, you must ensure that it is supported by a capable and reliable community to be able to mobilize when experiencing a correction.Indeed, you have to continue to monitor the movements that occur because it is clear that this is needed to be able to determine the next steps to be taken so as not to experience significant losses. It must be remembered that meme coins are very susceptible to sudden changes. Looking for good crypto project to invest in is not easy. We need to make sure that we keep our eyes on what's new.
Another thing that would matter for newer meme coins in future would be it's efficiency on transfer. Pepe and multiple other ERC20 coins at the moment are being effected by the higher transaction for their native transfer. Intra exchange transfer and intra wallet transfer are being facillated by the specific exchanges and wallets but it's difficult to transact them on chain. In such case, coins like BONK would have better scope.
Pepw had been a good project that made many of their investors to make money from investing in the projects. Also we should be prepared to take risks since the crypto market is risky on it own. We can make lots of money from the market if we invested our funds on projects that has good community and reliable team that are able to do marketing that would push the project to the next height. Looking for good crypto project to invest in is not easy. We need to make sure that we keep our eyes on what's new.
If everyone or any influencer knew about projects like Shiba INU, PEPE before their rally then this project wouldn't be like that. People would have invested heavily in the dip and started shorting or selling their holdings around 10X to 15X. So such a rally won't be possible. All these projects got a community after the raise not before that and most of those who are supporting the project either got profit or their liquidity stuck in that project due to the correction. Investing in a meme project is like gambling. Very few projects will succeed when most of them will give you a loss.
It is like gambling as you don't know which one will be a hit or flop in the market.
Just like Shiba Inu, it started here like a crappy project based on their thread, but it gained traction later on.
Particularly when binance listed it in their exchange even without the team's application.
And now, their market cap is billion dollars of USD already. Who would have thought such fate?
Pepe is also in binance now. But not all meme projects can have such route.
Most are being shelved and forgotten in time. If you have no time to follow this type of project, better not to throw your funds into this market.
This is the hard truth about the industry. Whales usually pick a project that no one is talking about or has a big community. Now i understand why elon choose doge coin to promote because it was cheap but it was already listed on all the top exchanges. So what he did was accumulate doge for some times then start promoting it through his metaphorical messages on twitter. This was pretty easy for him to make so much money only by making a few tweets on social media. Smart investment strategy made by elon.
If everyone or any influencer knew about projects like Shiba INU, PEPE before their rally then this project wouldn't be like that. People would have invested heavily in the dip and started shorting or selling their holdings around 10X to 15X. So such a rally won't be possible. All these projects got a community after the raise not before that and most of those who are supporting the project either got profit or their liquidity stuck in that project due to the correction. Investing in a meme project is like gambling. Very few projects will succeed when most of them will give you a loss.
It is like gambling as you don't know which one will be a hit or flop in the market.
Just like Shiba Inu, it started here like a crappy project based on their thread, but it gained traction later on.
Particularly when binance listed it in their exchange even without the team's application.
And now, their market cap is billion dollars of USD already. Who would have thought such fate?
Pepe is also in binance now. But not all meme projects can have such route.
Most are being shelved and forgotten in time. If you have no time to follow this type of project, better not to throw your funds into this market.
A good ecosystem and community makes any coin a success. For example, the same TFS token provides high APY, which attracts a lot of people, +strong community and the whole ecosystem with their token brings profit to any holder of this token
If everyone or any influencer knew about projects like Shiba INU, PEPE before their rally then this project wouldn't be like that. People would have invested heavily in the dip and started shorting or selling their holdings around 10X to 15X. So such a rally won't be possible. All these projects got a community after the raise not before that and most of those who are supporting the project either got profit or their liquidity stuck in that project due to the correction. Investing in a meme project is like gambling. Very few projects will succeed when most of them will give you a loss.
Another thing that would matter for newer meme coins in future would be it's efficiency on transfer. Pepe and multiple other ERC20 coins at the moment are being effected by the higher transaction for their native transfer. Intra exchange transfer and intra wallet transfer are being facillated by the specific exchanges and wallets but it's difficult to transact them on chain. In such case, coins like BONK would have better scope.
PEPE did make investors, especially the early ones to smile during its first pump in the system. Memecoins have been in existence in the past decades and we can have just a memecoins rather they're numerous and they're making bullish runs, and you know the sets of investors that earn massively? Ofcourse they're the early investors and also the top whales, ever ready to bagged as much pieces that's equivalent to their portfolio and this also lead to the team profounding burning of the token, leading to more good pumps in the market. Pepe provide decent number of profits to each and every early investor who really take that big risk supporting this project,
though I can't really say support but more in gambling to this project.
Knowing that by luck and the coin pump up then the amount to collect as profits is really something that will going to let them enjoy and that's real.
Anyone who manage to buy before the pump and manage to sell it out before it experienced downfall are all gainers for this project.
1. Community:
It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.
2. Strategic Partnerships:
How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.
No doubt Elon musk an influencer who made dogecoin and Shiba Inu popular. But that doesn't mean he willake all memecoin popular.How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.
What other factors do you think influence memecoin projects?
Just like I said investors makes project to stand strong because the fund they put on it will make it to have more liquidity and it will stand firm. If you check most coin on coin gecho you will see that the total amount invested would be like millions of dollars.
Strategic partnerships? that sounds like a bs if it's with Pepe. But there is no denial that this meme coin has been so profitable for so many people that are into meme coins.
Maybe the next PEPE! I've stumbled upon something incredible and just had to share it here! It's Galaxy Coin, built on the XRP Ledger, and it's currently sitting at an all-time low – which means one thing: immense growth potential.
Well, too many tokens on the XRP ledger/network that didn't gained that much traction. I don't know if it's the community or the project itself but they're not just amusing at all if it's from that ledger.
Maybe the next PEPE! I've stumbled upon something incredible and just had to share it here! It's Galaxy Coin, built on the XRP Ledger, and it's currently sitting at an all-time low – which means one thing: immense growth potential.
Galaxy Coin isn't just another token; they're making serious moves in the NFT world with their comic book series. They're also diving into crypto education and partnering with aerospace companies. This isn't just a coin; it's a solid business with a vision that's set to skyrocket.
What excites me most? It's still a hidden gem. The kind of opportunity we dream of finding. Right now, it's perfectly poised for a moonshot, and I believe it will bring substantial gains.
This could be it for those looking for a smart investment in a project with real substance and exciting growth prospects. You can get Galaxy Coin on Bitrue, Lbank, or the XRP DEX. Let's ride this rocket to the moon together! 🚀
Galaxy Coin isn't just another token; they're making serious moves in the NFT world with their comic book series. They're also diving into crypto education and partnering with aerospace companies. This isn't just a coin; it's a solid business with a vision that's set to skyrocket.
What excites me most? It's still a hidden gem. The kind of opportunity we dream of finding. Right now, it's perfectly poised for a moonshot, and I believe it will bring substantial gains.
This could be it for those looking for a smart investment in a project with real substance and exciting growth prospects. You can get Galaxy Coin on Bitrue, Lbank, or the XRP DEX. Let's ride this rocket to the moon together! 🚀
Another thing that would matter for newer meme coins in future would be it's efficiency on transfer. Pepe and multiple other ERC20 coins at the moment are being effected by the higher transaction for their native transfer. Intra exchange transfer and intra wallet transfer are being facillated by the specific exchanges and wallets but it's difficult to transact them on chain. In such case, coins like BONK would have better scope.
PEPE did make investors, especially the early ones to smile during its first pump in the system. Memecoins have been in existence in the past decades and we can have just a memecoins rather they're numerous and they're making bullish runs, and you know the sets of investors that earn massively? Ofcourse they're the early investors and also the top whales, ever ready to bagged as much pieces that's equivalent to their portfolio and this also lead to the team profounding burning of the token, leading to more good pumps in the market. 
Another thing that would matter for newer meme coins in future would be it's efficiency on transfer. Pepe and multiple other ERC20 coins at the moment are being effected by the higher transaction for their native transfer. Intra exchange transfer and intra wallet transfer are being facillated by the specific exchanges and wallets but it's difficult to transact them on chain. In such case, coins like BONK would have better scope.
What other factors do you think influence memecoin projects?
Factors I see that influence altcoins are: Community just like you said. Market cap, market dominance, liquidity and total supply. This factors are the main key factor affecting memecoin.Any meme coin that lacks the potentials, will defimately not grow. Because these factors are the key factors that make every project to maintain it's dignity and longivity.
Bigger community doesn't mean a memecoin will be the next pepe. Now telegram is turn into the place of scammers where anyone can do anything with money. Bigger community with fake members alone with verified telegram channel won't be a big deal today. And how do you know a influencer will influence which memecoin when bags of memecoins are launching daily? Actually it isn't possible even pepe hype is also gone and it keep dumping when every altcoins is pumping now
What other factors do you think influence memecoin projects?
One factor that influences memecoin projects is the choice of the coin's name. The name of the meme coin should ideally be derived from the most famous and amusing internet memes, such as Pepe, Shiba Inu, and others. Alternatively, the meme coin's name should be attention-grabbing within the community. Another important aspect is selecting a name for the meme coin that originates from a tweet or post by a well-known influencer like Elon Musk. The third one is the coin still not BOOMING in any social media, when the coin already hype in social media i think you already too late to join the party. Meme coins is purely hype, without hype the type coin like this has nothing.
It's never too late if you want to invest, I think and also consider the following factors such as Community Strength. Well, in some use cases a Community that has large numbers and enthusiasm can create high hype and speculative value for memecoin rather than Strategic Partnerships.
A directly recognizable example of a famous Influencer associated with memecoins, namely Elon Musk, whose tweets can boost the popularity of memecoins like DOGE. Other additional factors for reference you can also check their website tokenomics, development team expertise, use cases/utility, market sentiment, transparency, and risk management. One more thing is to update the coin program if you have already purchased it.
It is hard to guess how many meme coins are created every day. To guess which of these coins will bring profit, you need to be the owner of the exchange where this coin will be traded or be in collusion with the exchange. There are very few successful cases when investing in such coins, most often people lose money, because after listing the price falls.
this year memecoins continuesly keep launching after pepe fuel the memecoin industry to fly. After that numerous memecoin start launching and i wonder people also show their intension on those with their inventment. Actually it is kind of impossible for a memecoin case, which one will be cutter successful or become next shiba or pepe while 99 percentage memecoin get failed. Even i saw team withdraw all the liquidity what they provided during create hype. So you can't even sell at the end Jump to: