Is 2024 the Year of Memecoins? - page 3.

betswift

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It seems like this year is the year that memecoins have continued to emerge since the beginning of the year and several top meme coins have taken over the crypto market and are growing very rapidly. At first glance, memecoin is only created like a lottery or joke, but what it plays is very convincing for investors in 2024. From the altcoin side there has been no price movement on altcoins, only an increase in bitcoin and ethereum, while on the other hand there has been no passive movement, is it still possible that an altcoin bullrun will occur this year.

It also became a lot easier to create one (memecoin, I mean), ensuring a flow of not-so-good and bad projects alike flooding into the market Wink

We shall see how they all will feel after the BTC goes up in the months to come (as it should).

Sayeds56

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

There is no doubt that meme coins have been trending during the current due to entry of millions of newbies in crypto landscape with dream of becoming rich in the shortest time. I think these new comers are driving this hype. I am afraid they will take quick take the exit when many of them will start incurring losses, as there is no real life use case backing the value of meme coins.

It is wise to invest in Bitcoin and other tops-20 cryptocurrencies those can potentially transform our financial future in the long term.

Issa56

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

Even when there are rug pulls, we are still going to see some meme coins that are going to perform well, but the problem is that you won’t know which one will perform well, and the one that will rug pull, mostly the ones that you don’t have any money in, is the one that will perform well, and the one that you invest in will scam you. So to avoid disappointment, it’s just better you stay away from meme coins, because you might not be lucky enough to invest in the one that is going to pump hard, the money that you will be wasting, then it’s just better if you invest it in bitcoin or other strong altcoins.

Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

I also heard about the project, and I don’t have anything against it. The only thing I will say is that if you are a fan of meme coin, then always make sure you leave a small amount of money there, don’t invest heavily in it.

Akbarkoe

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

We don't know what the future holds for Memecoin, although we've seen that it's often laughed at, it's just a game of those with money, 2024 may be a mystery for the crypto market that we're blind to.

The thing that scares me is when people actually gamble on memecoin who don't understand the proper foundation of how to invest properly, although memecoin can provide returns many times greater than potential altcoins in a very fast time, but every day a new memcoin comes along, even the community is also not something that can be used as a reason to look at meme projects.

Stick with the money you're prepared to lose on memecoins, it'll be much better if you force yourself to invest.

passwordnow

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Quote from: Iamcrypticguy on August 11, 2024, 12:15:02 AM

Quote from: passwordnow on August 09, 2024, 06:26:01 PM

Good luck, not all of those meme coins that has under a billion market cap are going to be successful. But this is a volatile market, choose your lottery ticket.

From statistic, memecoins have outperformed ever other crypto sector so far this year.. that's a fact.. not even all altcoins are going to be successful.. my opinion is weigh the facts before making a decision.

I am not against with your opinion if that's your basis with the facts and I am good with that because you've got something to stand for. No doubt that memecoins have outperformed a lot of crypto and that's your way of choosing what to invest. And that's why I am telling you a good luck with that as most if not all of these memecoins are like lottery tickets.

You'll never know which of them are going to be the next one big thing for this season. Not all of them are going to be as good as the first ones that have already been established but if you're up for the profitability, this bull run for sure is going to show that many of them are going to be. But again, you just have to be picky and choose what you think are the right choices based on the facts that you've gathered in choosing them.

Mustang Shelby

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Quote from: DeathAngel on August 09, 2024, 10:27:06 AM

Memecoins are a lottery, it’s literally like playing roulette when investing in them but if you like taking risks then sure, sometimes it pays off & you can make life changing money in memecoins. Just don’t go all in on one, because this is crypto, the wild west, you could lose everything in little known memecoins.

You summarized it very well. Memecoins are like gambling. There is winning as well as losing and the possibility of losing is higher. Isn't it the same in gambling, the possibility of losing is much higher than the possibility of winning. There will definitely be interest in Memecoins again this year. However, the important thing is to correctly predict the Memecoin that may rise. Pepe made people rich in the past, doge made people rich, maybe why not another one?

shawonngp

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

CatDog is not listed in any coin tracking site? i find it coinmarketcap but now showing price and other things. Where listed catdog coin, i never heard it. If you are really want to invest in meme coin then invest in shiba,pepe,not and doge, all of those trendy meme coins in 2024, so many meme coins in market but most of them scam coin, and people losses high. So be careful to invest for long term in meme coins.

CoinFoxs

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Bt seeing the trend of the market the answer is NO but may be in december the memcoins will start growing and you will see their maximum price by the end of december 2024. This is just a speculation may be you will see this before December. Good luck with your Memecoins

Iamcrypticguy

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Quote from: passwordnow on August 09, 2024, 06:26:01 PM

Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Who made this term? should it be the year of meme coins now? It seems that it's not.

Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

I'm not impressed with the runs of memecoins to be honest. Rug pulls are always there every run that we have. It can't be avoided to happen but we as invetors, we can avoid them by investing to the reliable coins that we want. Those that you've mentioned they're pretty successful but that doesn't mean that it's the year of memes already.

Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

Good luck, not all of those meme coins that has under a billion market cap are going to be successful. But this is a volatile market, choose your lottery ticket.

From statistic, memecoins have outperformed ever other crypto sector so far this year.. that's a fact.. not even all altcoins are going to be successful.. my opinion is weigh the facts before making a decision.

Iamcrypticguy

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Quote from: DeathAngel on August 09, 2024, 10:27:06 AM

Memecoins are a lottery, it’s literally like playing roulette when investing in them but if you like taking risks then sure, sometimes it pays off & you can make life changing money in memecoins. Just don’t go all in on one, because this is crypto, the wild west, you could lose everything in little known memecoins.

Super advise mate.. since I posted, I've been looking for an entry. And I think it's almost at my Poi

Will consider this..

X-ray

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aside from the rugpull it's pretty much the year of meme coin but to be fair, meme coin could just pop out of nowhere disregarding the current trend of the market and could still reach billion dollar market cap, that's the thing with meme coin, it just being valued purely by the hypes.

with catdog, the meme you mentioned, i don't really know though

the fact that the market cap and the trading volume is quite good enough and there are exchange listing already meaning it probably already reviewed by exchanges such as bitget, but really it's a hit or miss with meme coin, you can never know which one gonna go high.

DiMarxist

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Yes 2024 is a year of memecoins and airdrop. And after the NOTcoin is the beginning of all the airdrops started to come out. And most of those projects are scammers so be careful when investing in them.

SamReomo

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Investing in meme coins is a new type of betting I guess. I've personally seen many meme coins getting 10x in value within hours because of huge pumps but the ones who bought those meme coins when its market cap was low dumped their coins on others and took their money.

It's more like a haven for the scammers because with the help of meme coins they can literally convert small amounts to huge amounts by dumping their coins and taking liquidity of the other investors. Only a few meme coins can reach million or billion dollar market cap while most of them will go to 50k to 10k market cap within days.

$crypto$

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Every time we enter a bull run people will say this will be the "Year of the Memecoin" this term is often associated with when the market moves into the green, there are so many obscure memecoins that I think they are speculating and gambling with memecoins.

Doesn't matter if you believe in Catdog? Do it if you think it's good because you must have done your research right?
I don't always pay attention to meme coins now, it's like a gamble that continues to be done, I'm actually not ready and it's better to play real gambling instead of meme coins.

passwordnow

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Who made this term? should it be the year of meme coins now? It seems that it's not.

Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

I'm not impressed with the runs of memecoins to be honest. Rug pulls are always there every run that we have. It can't be avoided to happen but we as invetors, we can avoid them by investing to the reliable coins that we want. Those that you've mentioned they're pretty successful but that doesn't mean that it's the year of memes already.

Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

Good luck, not all of those meme coins that has under a billion market cap are going to be successful. But this is a volatile market, choose your lottery ticket.

CK485

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

I think this year memecoin will be a better year, becoming the biggest meme coin sensation this year, has become a phenomenon in the crypto world with interesting investment opportunities, as well as catdog can drive price increases or decreases depending on the growth of market adoption, even so the first thing to do is to try it, because maybe luck will come to you, because there is no price prediction method, which is really clear to determine the value of any cryptocurrency in the future.

nelson4lov

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The reason 2024 feels like the year of memecoins is because memecoins have largely outperformed every other every other category in crypto and there are more retail users trading memecoins vs trading infrastructural or fundamental tokens. I believe many understand that they're essentially gambling with memecoin and don't mind throwing a few around until they finally get one win to get it all back.

One useful thing about established memecoin tokens is that there is no future dilution of token value. All tokens are unlocked and available at TGE.

wheelz1200

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

2021 was the year of the memcoins. That's when millionaires were made. It's just more in the picture now because of those gains. Now everyone is making them but while some people might make money on a couple I think most will probably lose money. I think there are too many coins out there and the money is just spread too thin.

KillerEyez

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

2024 definitely seems to be shaping up as another big year for memecoins! The success of POPCAT and others you mentioned is impressive, and it’s exciting to see new contenders like Catdog gaining traction.

Speaking of promising projects, have you checked out Pepe Unchained? It’s another memecoin that’s been gaining attention, especially due to its strong deflationary model, which could drive long-term value. With the right community backing, these coins could see some serious growth. What are your thoughts on Pepe Unchained?

Charles-Tim

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Quote from: Iamcrypticguy on August 09, 2024, 08:23:39 AM

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

I hope this is not an approach to let more people know about this shit coin.

Its marketcap is not up to $100 million. It is $97600 which is more than 100 times less than what you posted about it. It is one of the existing shit coins that people should avoid.

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