Investing in meme coins is worthy or not?

Rampagoe004

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Quote from: Kocret02 on June 16, 2024, 07:24:07 AM

In my opinion, whether it is worth it or not depends on how far you have researched the memecoins you mentioned above. because we all know that memecoins have a very high risk and this can make us lose assets in a short time. So in my opinion you should do your research and consider whether buying memecoins or the top altcoins.

I think there is no technical research or looking at tokenomics if we are talking about meme coins. But I agree with you we still need research in choosing meme coins. Investing in meme coins will be very risky therefore it is better not to invest without doing some research. You can try to see the development team, how this meme coin project will be created and the most important thing is how strong the project community is. Meme coins have no fundamentals so you have to make sure they have a good community.

manok jepang

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Of course, it is very feasible if memecoins are used as an investment, but you really have to choose the right memecoins that have great potential, this can be seen from the size of the existing trend, because in my opinion not all memecoins can give you profits. , but if you don't have time to research and learn which memecoins to buy, it's best to leave memecoins and invest in altcoins that are in the CMC top 10, because altcoins that are in the CMC top 10 can definitely give you a profit.

Kocret02

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

In my opinion, whether it is worth it or not depends on how far you have researched the memecoins you mentioned above. because we all know that memecoins have a very high risk and this can make us lose assets in a short time. So in my opinion you should do your research and consider whether buying memecoins or the top altcoins.

AnonBitCoiner

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Quote from: avarnet on June 06, 2024, 04:38:01 AM

For some people, they really like meme coins, especially Pepe, Shiba and Dogecoin, all three of which have gained a lot of popularity in the crypto market this year. For me coin memes are just a joke created to make a profit for certain groups so they are not worth investing in, either long term or short term.

In the past people were not interested in meme coin investment and the reason was that nobody ever gained profit from such investment but now as the time goes more and more coins are arising which are trending during bull season so one can use his mind to get profit from trending coins.

Floki, Pepe, doge and Shiba inu are considered as good investment coins which will give you good revenue if you sell them after visualizing surging in the price of these meme coins and don't wait for another surge because there is no belief about the next pump for meme coins.

Kristiyana

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

Actually I'm not familiar with this coin you just mentioned so i don't know if it's worth it or not, with your explanation seems you make a lot of investigations about this coin. moreover if you think the coin is worth it you can go ahead and make your investment the choice is yours, honestly I'm not a lover of memecoin and i can't even advice you to invest in memecoin i rather invest in those top altcoin instead of memecoin.

Asyifiah

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Meme lovers say it is very worth investing in meme coins, while big investors will stay away from meme coins. Investing in meme coins certainly has no future. If you are not careful in buying meme coins, you will lose all your money. On this occasion, meme coins are shining and are very popular this year. We can take profits when there is a trend for these meme coins and it is not recommended to invest for a long time, which is very risky for our assets.

Godday

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Quote from: Essential10 on June 04, 2024, 12:53:24 PM

While meme coins come with credibility, most of them are fraudulent. When a new meme coin comes into the market, team members adopt such a tricks and attract newbies in particular by showing them various tempting offers. They are currently promoting on social media in a way that is going viral very easily. Even people who have never invested are attracted by the meme coin campaign and rush to invest. The most important thing is that coins are cheap, which many people don't want to consider.

I agree with you. Although I have made some profits from meme coins like WIF and BOME but I think investing in meme coins has a very high risk. As you said there are many scammers who use meme coins to gain profits and commit fraud. They can easily pay people on social media to promote their projects. I think investing in meme coins remains very risky.

Mehedi72

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Meanwhile I've tried to check that project and haven't found much information on Google. There are some articles (seems paid article for promotion). Not listed on cmc or coingecko but found a website gives some info about dingdand's price and Supply as well as trading volume. It seems this project already dead. Lol. Hope you already got your answer I mean, memecoins are creating short term hype, Short term pump and get vanished. Be careful from new launching memecoins

avarnet

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For some people, they really like meme coins, especially Pepe, Shiba and Dogecoin, all three of which have gained a lot of popularity in the crypto market this year. For me coin memes are just a joke created to make a profit for certain groups so they are not worth investing in, either long term or short term.

cute nmp

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Memes coins are mostly pump and dumb most of those project don't have any long terms plans for further development after listings. So if you missed out on the presale I will suggest not buying at all cause it will mostly results into a loss. Only invest in meme coins when they are low not the other way round that's the only way you can make profits from them .

leonair

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Quote from: Bushdark on April 06, 2024, 12:33:14 PM

Before investing in the crypto market, we need to understand what it takes and the level of risks we shall be taking because this is what is going to determine how much we could make from the market. If we are only after making money without doing any research then there could be risk of us losing fund because their are good and bad token and we must understand the ones we ought to hold so that one don't lose plenty of money in the market.

Those who invest in the crypto market invest after analyzing the crypto market. After investing for some time when the market condition goes dumping then the new ones get depressed and sell the invested coins. Faced and those who have good experience in the crypto market never fall into despair. Because of their knowledge about the crypto market, they hold the coins and when the market conditions are good, they can sell them and make a lot of money.

Dzwaafu11

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Quote from: Ricardo11 on June 02, 2024, 10:17:24 AM

I am less of a believer in these meme coins, I try to stay away from them as much as possible because they disappear from the market very quickly. Most of these coins are fake. These coin pump very well in the beginning, seeing that we all get more or less addicted to them, and invest without wanting to. But after a few days they disappeared with all our money. Most coins disappear like this. So I stay away from them as much as possible. It totally depends on you. Do your research, look around, and invest when it feels right to you. Don't invest in all these meme coins on someone else's word.

Investing in meme coin is too risk. investing in meme coin is just as if the investor is gambling with his or her money, because these coins we are saying can rise to even pass our expectation. meaning we can make money out of it, but the problem is we don't really know how far this coins can go. they don't really last in the market, like other alt coins that we can invest in with peace of mind. However, to me whatever the level of research as long as is meme coin I"m not interested I dont really like how it too risk it is. I rather invest in other altcoins even if it will take too much of time.

gabbie2010

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

Few meme coins are profitable, however to know the potential meme coin that would pump 10x, 5x etc is a huge task considering the numerous numbers of the meme coin in crypto space, though some of them are hyped pump and dump which make them to be highly risky investment, however if you luckily invested massively in a potential good coin bought at a very cheap price definitely you would some decent profit, personally I tried to follow two signal providing channel for somes memecoin on Solana network, I think you can also try and search for those channels whose trading calls are accurate most of the time.

Essential10

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Quote from: sotelorene on June 02, 2024, 11:01:18 AM

In addition to what they replied so far, memecoin are not something to be trust with all our heart when we invest in them cause it is a 50/50 something, is either you make profit or you loss money though some of them can make one get rich overnight that is the reason why even with risk attached people still invest in it. What you said about the team sounds somehow to me and i think that is there strategy to convince people to invest however, as we have the mindset that memecoin are not something we should invest much on that is how the team is also thinking on how to convince people to invest so that they can make their own profit.

While meme coins come with credibility, most of them are fraudulent. When a new meme coin comes into the market, team members adopt such a tricks and attract newbies in particular by showing them various tempting offers. They are currently promoting on social media in a way that is going viral very easily. Even people who have never invested are attracted by the meme coin campaign and rush to invest. The most important thing is that coins are cheap, which many people don't want to consider.

sotelorene

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In addition to what they replied so far, memecoin are not something to be trust with all our heart when we invest in them cause it is a 50/50 something, is either you make profit or you loss money though some of them can make one get rich overnight that is the reason why even with risk attached people still invest in it. What you said about the team sounds somehow to me and i think that is there strategy to convince people to invest however, as we have the mindset that memecoin are not something we should invest much on that is how the team is also thinking on how to convince people to invest so that they can make their own profit.

Ricardo11

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I am less of a believer in these meme coins, I try to stay away from them as much as possible because they disappear from the market very quickly. Most of these coins are fake. These coin pump very well in the beginning, seeing that we all get more or less addicted to them, and invest without wanting to. But after a few days they disappeared with all our money. Most coins disappear like this. So I stay away from them as much as possible. It totally depends on you. Do your research, look around, and invest when it feels right to you. Don't invest in all these meme coins on someone else's word.

tengui

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Honestly I just heard about this meme project and I don't know anything about this project. But I think investing in this meme project is quite worth it because you have a strong reason to invest. So the team behind this project has previously launched projects and was successful, and I think this is reason enough for you to invest in this meme project. I do not recommend anyone to invest without a strong reason or just following FOMO.

lina2018

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

It's always wise to be cautious with new projects, but DingDang sounds promising, especially with a proven track record like Kikswap. Successful past projects can be a good indicator of a team's capability. However, remember to do thorough research and consider the project's fundamentals and community support before investing.

Speaking of exciting new opportunities, you should also check out $PIZPEPE. Launching next week, $PIZPEPE promises a fun and engaging community experience, with the potential for early investors to make 100X gains. This could be another fantastic chance to get in before the hype builds!

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Bushdark

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Quote from: Muslimin mj on April 05, 2024, 10:26:43 AM

Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

In my opinion, it is very worthy for you to invest in the memecoin you mentioned. because the team successfully launched Kikswap in 2022 and in the presale they made 10x profit at launch, and they also managed to raise 506 BNB in the initial seed sale. so I think this is a very good achievement. because so many memecoins don't make it in presales and seed sale.

Before investing in the crypto market, we need to understand what it takes and the level of risks we shall be taking because this is what is going to determine how much we could make from the market. If we are only after making money without doing any research then there could be risk of us losing fund because their are good and bad token and we must understand the ones we ought to hold so that one don't lose plenty of money in the market.

sekalitas

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Quote from: Cryptosmart00215 on January 11, 2024, 11:15:34 AM

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

Website and Whitepaper link are below:
Web: https://dingdang.io/
Whitepaper: https://dingdang.io/whitepaper.pdf

Memecoin prices are, in my opinion, primarily driven by community sentiment. A solid team track record, like successfully launching Kikswap in 2022 with a 10x return for presale participants and raising 506 BNB in the seed sale, can certainly boost community confidence. This might make early investment attractive. However, memecoins are inherently volatile and high-risk. There's no guarantee of success, and many are simply pump-and-dump schemes. Frankly, I view most memecoins as 'shitcoins.' Therefore, invest cautiously and consider short-term positions only.

Topic: Investing in meme coins is worthy or not? (Read 1626 times)