Topic: How viable are solana memecoins as investment options? - page 2. (Read 238 times)
I think they have an extremely high potential, you just have to follow some principles, e.g. realise memecoins are not for long-term investing. And you have to catch the momentum. I usually use (and recommend you) NOW Wallet for this matter as they typically are pioneers in listing hyping memecoins, and it often becomes vital to be on time with buying, u know.
Well if a new investor does want to invest in the meme coins I think there is some better options then the Solanan meme coins. There is only 4 of them with a marketcoin of more then $1 Billion.
For me I would never invest my capital in a coin called Fartcoin, Unicorn Fart Dust, Just a chill guy, or Smoking Chicken Fish. I do think most of them are going to become 'rug pulls' and if you invest in them you will lose your capital. If you want to invest in meme coins it should be Doge or Shib.
yes that's true i already lost my capital in trump & melania's coins, especially i lost big amount in melania because i was going to follow trumps coin trend, but melania can not perform like trumps coin, many investors lost their money both of those coins, now i decided to never invest in celebrities meme coins in the future. For me I would never invest my capital in a coin called Fartcoin, Unicorn Fart Dust, Just a chill guy, or Smoking Chicken Fish. I do think most of them are going to become 'rug pulls' and if you invest in them you will lose your capital. If you want to invest in meme coins it should be Doge or Shib.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
Meme coin trend and hype will be last forever. People always speculated meme to go dead ever since a few years ago, but nothing happened. It's just getting even more crazier with the launch of Trump and Melania meme tokens. I expect it will stay forever.
Talking about PnD in meme token is a common thing that happened during the bull season. It goes up based on how much demand bought meme tokens to doubled their money, but believe me, this is a money game in crypto. So many people are always using it as a short term money generator. The winner can be lost, and the looser can be win. It's always cycling on this cycle.
The meme hype will never end, increasingly I see that this category of tokens is like gambling for market players. It doesn't matter which network it is, it will only move from one network to another, previously we saw a lot of it on the $BNB network, but now the trend is moving to the $SOL network, maybe in the near future we'll see this hype on the $SUI network. There's nothing wrong with fighting in this category, it's just necessary to create clear limits in order to maintain your portfolio.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
You already said it mate, it's meme coins, and throughout it's history, we haven't seen meme coins that last a long time. Everything is base on it's hype and pure pump and dump scheme.
That thing with the altcoin market though is that it hasn't had it's own bull run yet. And so maybe investors are going into meme coins right now and probably earning a good amount of profit. Nevertheless, it's not going to last and so if you guys knows how to take advantage of it then why not? But let be known that the risk is too high and so just be very careful investing on them.
Well if a new investor does want to invest in the meme coins I think there is some better options then the Solanan meme coins. There is only 4 of them with a marketcoin of more then $1 Billion.
For me I would never invest my capital in a coin called Fartcoin, Unicorn Fart Dust, Just a chill guy, or Smoking Chicken Fish. I do think most of them are going to become 'rug pulls' and if you invest in them you will lose your capital. If you want to invest in meme coins it should be Doge or Shib.
For me I would never invest my capital in a coin called Fartcoin, Unicorn Fart Dust, Just a chill guy, or Smoking Chicken Fish. I do think most of them are going to become 'rug pulls' and if you invest in them you will lose your capital. If you want to invest in meme coins it should be Doge or Shib.
Why is everyone always talking about coins when it's pumping and the noise will dimmed away when it's dumping, there was a time when BONK, a Solana meme broke into the space with lots of hype and all that, if i will ask, what happen to the price of BONK now, any hope on it now, can it still give you profits if invested on the long term, the answer would be, it's not certain.
The truth is that, memecoins profits within that short period of time to the early buyers, after that, it keeps dumping until the price becomes stable for longer time. The crypto market is never a place where the subcoins, I mean the ones depending on a blockchain wins, it's the blockchain based coins that wins in the end, it's best you consider SOL, ETH, BNB, OP, ABT, and other L1/L2 , these are the biggest games in the industry if you miss out early pump on memecoins.
The truth is that, memecoins profits within that short period of time to the early buyers, after that, it keeps dumping until the price becomes stable for longer time. The crypto market is never a place where the subcoins, I mean the ones depending on a blockchain wins, it's the blockchain based coins that wins in the end, it's best you consider SOL, ETH, BNB, OP, ABT, and other L1/L2 , these are the biggest games in the industry if you miss out early pump on memecoins.
Investing in Solana will be much better than Solana memecoins as the possibility of Solana rising in the long term is much better than these memecoins, and even if there is a collapse, Solana will perform better.
Solana is there to stay, while memes on it live and day by hundreds and thousands.
The choice is obvious.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
The bigger question is how successful have memecions been since the hype around them started, also considering the current market conditions, what is the performance of the top memecoins at the moment and what is the percentage of the crash between their all-time high and current market price, if it loses in price is greater than half of the total ATH it means there is no potential sustenance of the market, so since we already that that memecions lack an ecosystem and depends on hypes for it price to get pumped it then means that it is open to manipulation anything which is not a good investment feature for any assets, so I advise you be careful when dealing with solo chain based memecoins as an investment.Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
That said, the memecoin frenzy might not vanish overnight. As long as crypto stays in "risk-on" mode (and chains like Solana keep buzzing), traders could keep chasing these short-term pumps.
Investing in Solana will be much better than Solana memecoins as the possibility of Solana rising in the long term is much better than these memecoins, and even if there is a collapse, Solana will perform better.
Solana is there to stay, while memes on it live and day by hundreds and thousands.
The choice is obvious.
Investing in Solana will be much better than Solana memecoins as the possibility of Solana rising in the long term is much better than these memecoins, and even if there is a collapse, Solana will perform better.
Short answer - not good enough.
Don't trade stability for the hype - it will backfire in one swift moment for you.
Don't trade stability for the hype - it will backfire in one swift moment for you.
The actual question should be: What should we expect from meme coins in general?
The answer to that question is simple: We should expect losses because they contain extreme levels of risk. Just because a few meme coins manage to gain some value, it doesn't mean we should start trusting all the meme coins that are about to launch to give us profits. Investing in meme coins is like playing with the fire, you can get yourself burned if you don't know how to manage it properly.
Only those who take calculated risks in meme coins and other newly launched cryptocurrencies can somehow profit from them, and even if they don't profit, they will at least not lose a lot of money because they know how to manage the risks and how much they should invest, when to buy and when to sell.
If someone is new in the market or trading in general, I advise them to stay away from meme coins, and shouldn't think it's a quick way towards riches.
The answer to that question is simple: We should expect losses because they contain extreme levels of risk. Just because a few meme coins manage to gain some value, it doesn't mean we should start trusting all the meme coins that are about to launch to give us profits. Investing in meme coins is like playing with the fire, you can get yourself burned if you don't know how to manage it properly.
Only those who take calculated risks in meme coins and other newly launched cryptocurrencies can somehow profit from them, and even if they don't profit, they will at least not lose a lot of money because they know how to manage the risks and how much they should invest, when to buy and when to sell.
If someone is new in the market or trading in general, I advise them to stay away from meme coins, and shouldn't think it's a quick way towards riches.
They're mostly all rug pulls that only make profits for the developers & early buyers. Look what happened with $TRUMP, so many people get rekt. I just think you need to be very careful with these meme coins. You need tobe very lucky to hit the rights ones & not get rug pulled.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Meme coin in the cryptocurrency world has come to stay, just like any other sector of the space. It's time we know and acknowledge that we have sectors in cryptocurrency, and some are L1/L2, Payment, Liquidity staking, Defi, Gaming, AI, etc, and we have Meme coin too. So, meme coin is part of the history of cryptocurrency before it gets to where it is today, no one can clean it off ever again. This is unless an unforeseen regulation does that. As for Solana meme coins, they continue to rival TON until a viable rival is created to displace their dominance. That time, no one knows yet. 
Basically nothing is certain, i guarantee anyone will not know how long memes on the solana network will remain alive, all just assume. i think as long as people continue to introduce meme tokens with all the benefits they get in a relatively short period of time, new people will continue to come.
Plus donald trump just created a meme token, this adds more fomo so many of them will buy in, adding to the long list of meme tokens especially on the solana network.
That's why they are "meme" coins after all, nobody would know anything about all of this, it's just not a reasonable approach at all. I get that you may feel like you want it to do better, but that doesn't mean that we are going to end up making a lot of profit from it neither, we can't do that, it's just not viable at all.Plus donald trump just created a meme token, this adds more fomo so many of them will buy in, adding to the long list of meme tokens especially on the solana network.
I understand there are people who wants to invest into memes and they like doing it and they think it's fun and there is a chance of them go up so they want to ride that trend wave. However, just because you want to, doesn't mean it's a smart decision, so we need to realize that it's just a danger awaiting the market and we are unfortunately just waiting to see who will be impacted by this on the long term.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
Basically nothing is certain, i guarantee anyone will not know how long memes on the solana network will remain alive, all just assume. i think as long as people continue to introduce meme tokens with all the benefits they get in a relatively short period of time, new people will continue to come.
Plus donald trump just created a meme token, this adds more fomo so many of them will buy in, adding to the long list of meme tokens especially on the solana network.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Something certain about the cryptocurrency space is the uncertainty of the market that no one can actually get to be sure about just anything about its future. People should just enjoy the solana market hype while it lasts and not forget that a dump is imminent for them not to be too comfortable that they don't get caught up in the bears before they know it. Perhaps while we watch on bitcoin market price as a means to spot the bears the memecoins/altcoins would have hit the road before bitcoin. 
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
I don’t think anyone knows how long it’s going to last, but you should know that meme coin is just about hype. Whenever a coin is being listed and it’s being hyped, then it’s going to pump, immediately the hype dies down, then the coin will dump, and you might not hear about the coin again, so the best thing is just to take advantage of the hype; don’t make meme coin a long term investment, because immediately the hype dies, you might not even hear about the coin anymore, and it’s going to dump. Also, I don’t always recommend meme coin investment, but anyone that chooses to invest in meme coins should do it with a little amount of money because of the risk involved in it.Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
The bigger question is how successful have memecions been since the hype around them started, also considering the current market conditions, what is the performance of the top memecoins at the moment and what is the percentage of the crash between their all-time high and current market price, if it loses in price is greater than half of the total ATH it means there is no potential sustenance of the market, so since we already that that memecions lack an ecosystem and depends on hypes for it price to get pumped it then means that it is open to manipulation anything which is not a good investment feature for any assets, so I advise you be careful when dealing with solo chain based memecoins as an investment. Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
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