Is the end for altcoin season | Bitcointalksearch.org

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Quote from: OmegaStarScream on January 20, 2025, 01:58:15 AM

$TRUMP Flash crashed -55% as soon as Melania announced her memecoin. This is going to end up very badly. I'm not sure who are the crypto advisors, but they need to be fired. Who thought its a good idea for POTUS and his wife to launch a memecoin? I can't believe this is real.

It isnt a good look really, is it. But from what i understand it is being compared to previous Presidents and their memorabilia cash grabs (pre & post office). Pictures, gold coins, little things that are sold to commemorate someone being elected (aka a cash grab). Except this time big Donnie and the fam are doing meme coins and making a load of money... and its probably a stretch comparing meme coins to classic dated memorabilia of the past.. David Sacks was one of the players behind the scenes that did their ones, i believe.

Jegileman

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Quote from: Outhue on January 20, 2025, 01:12:32 AM

So I woke up this morning only to see that the First Lady of the United States launched her own meme coin as well.

Cheesy

It's like they said, holy shit, this scam works???

Melania: We can do it again?

Hahaha, can't help but start laughing out loud, what do you think will happen from here on? Is this the end for crypto alt season or this is the beginning? What do you think?

This is just the beginning in my opinion and we should expect more of this in the future as the crypto world is been taken a new turn after seeing politicians now having to create their own tokens to make their own money too in the crypto space using this means. I am not surprised and I’m expecting that more of them will be coming into place and we will see them always looking to loot the people of their hard earned money. It is explicitly clear that this time is for altcoin and most specifically for memecoins. They are known to be for short term investment for long now and we should try a treat them as one and not rely fully onto them for our future gains in the crypto market. If you’ve decided to invest in any of this memecoins, try as much as possible to treat them as a risky investment and leave the market immediately you earn some good profits.

lixer

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Quote from: JamesDaniel90 on January 20, 2025, 06:49:54 AM

I really have no idea to be honest. I felt we were on track for a great 2025 up until this new Trump coin came out the other day and now also this Melania one too.

I guess you are saying that those meme coins ruin our run? And then it is now the end of alt season? As for me, I think meme coins (even those two) are still small for them to greatly influence the whole altcoins and its seasons. BTC is still doing well on its recovery, so I think that is a good sign that alt season will still continue or will now start if it haven't yet.

Quote from: JamesDaniel90 on January 20, 2025, 06:49:54 AM

but the last few days have just felt more of a joke - how can a president release a coin that does almost a 1000% move in 24 hours and it be ok? Feels very dodgy to me.

Indeed a joke because that is what are meme coins for. Their alternative name is even a joke coin. If it is true that it came from a president then I wouldn't wonder anymore on why it sky rocketed like that. Well it is due to its power, connection and publications. It may be ok for now but for sure not anymore later on. It will be like any other meme coin that dumps and never recovers anymore.

Zanab247

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No, is not the end of altcoins season because there are some altcoins trying to improve to draw the attention of other customers to be aware of their altcoin with so much profits for those that involved in the altcoin, which is what the first lady is trying to do by launched an altcoin to draw the attention of other investors. Do you think she will regret for this moved she display to inform other crypto users? No, I believe she know what to do to make the altcoin to go round different communities with enough benefits attach to it, and it will make the altcoin popular in the market soon.

People have earn a lot of profits from altcoins because many altcoins pump higher when the price of BTC hit $105k this season, and there is still hope for those that will invest wisely in altcoins in this season.

mu_enrico

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The end of meme coin, maybe, but I doubt pump and dump meme coin can be erased from the crypto world. People who join the meme coin train already know the risk unlike several years ago, and they want to gamble and enjoy the ride.

For altcoins that aren't memes and serve some purpose or are a legit experiment, I believe it's still bullish especially if you look at the Bitcoin Dominance chart.

el kaka22

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Lol, and the funniest thing is, ever since we have seen Melania coin, we have seen Trump coin going lower as well, it's just a pump and dump, people who bought trump coin, realized it was a pump and dump, so they sold and got the new one and now selling that.

Lol, this is going to go down a lot more I guarantee you that, we are going to see Trump coin out of top 50 without a doubt, to be fair a president of USA ends up with a top 100 coin, that part is staying, but I do not see that many good green days for it, not better than other investments at least. It had a 12 hour period where you could make money, but that's about it and nothing else will happen, the real trick is that we are going to just see this become boring for us.

JamesDaniel90

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Quote from: o48o on January 20, 2025, 12:46:46 PM

Quote from: Outhue on January 20, 2025, 01:12:32 AM

So I woke up this morning only to see that the First Lady of the United States launched her own meme coin as well.

Cheesy

It's like they said, holy shit, this scam works???

Melania: We can do it again?

Hahaha, can't help but start laughing out loud, what do you think will happen from here on? Is this the end for crypto alt season or this is the beginning? What do you think?

I am starting to hope that this is the end. I don't think i could take any more weirdness. But i am afraid that this is just a first day of very confusing next years.

Markets will drop hard during trump's presidency because it's just this time of the cycle that they will pump. Imagine what happens when all of this dumps to hands of more newbies then ever. People who trust trump on this are probably losing everything. Maybe not the people who bought now, but there are more people then ever buying near next ath. I have seen this scene from 2013, and this is the first time i am genuinely afraid what happens when everything crashes. It's an economic depression like we have never seen before.

Big investing firms will be fine. It's the people who put more they could lose, who are going to be in trouble. Also, how is this not a top sign? Similar to that press article with 2 people wearing ugly crypto shirts, with a title: "all your friends are getting rich". From that we should have know to sell. How aren't we selling now?

It’s too early in the cycle for it to be a top. Many say the top won’t be until November time, some say it will be in Summer. I have no idea when it will be but think we have till April / May at least.

Soon as Bitcoin goes past $125k that’s when I will be selling a lot of mine.

I can’t wait to sell all of mine too as the last few years have been draining. Plan is to cash out my profit then have a year off from it all at least and buy again bear market next year.

o48o

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Quote from: Outhue on January 20, 2025, 01:12:32 AM

So I woke up this morning only to see that the First Lady of the United States launched her own meme coin as well.

Cheesy

It's like they said, holy shit, this scam works???

Melania: We can do it again?

Hahaha, can't help but start laughing out loud, what do you think will happen from here on? Is this the end for crypto alt season or this is the beginning? What do you think?

I am starting to hope that this is the end. I don't think i could take any more weirdness. But i am afraid that this is just a first day of very confusing next years.

Markets will drop hard during trump's presidency because it's just this time of the cycle that they will pump. Imagine what happens when all of this dumps to hands of more newbies then ever. People who trust trump on this are probably losing everything. Maybe not the people who bought now, but there are more people then ever buying near next ath. I have seen this scene from 2013, and this is the first time i am genuinely afraid what happens when everything crashes. It's an economic depression like we have never seen before.

Big investing firms will be fine. It's the people who put more they could lose, who are going to be in trouble. Also, how is this not a top sign? Similar to that press article with 2 people wearing ugly crypto shirts, with a title: "all your friends are getting rich". From that we should have know to sell. How aren't we selling now?

Botnake

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It was just a few days after their launch, and the negative impact of their doings and the credibility of the projects looked like it drove these projects to like shitcoins $0.

Well, we have nothing to do with people, as their judgment is more fatal. I could just imagine what it looks like next month or if we still hear Trump coin and Melania. Honestly, it is easy to forget coins that give no value in the crypto market.

Of course, I dare not risk money with these coins. We've done with meme season already.

AbuBhakar

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Quote from: Outhue on January 20, 2025, 01:12:32 AM

Hahaha, can't help but start laughing out loud, what do you think will happen from here on? Is this the end for crypto alt season or this is the beginning? What do you think?

People is still buying it like a bird brain thinking that they can all be rich so it’s an altcoin season since meme coin is an altcoin. I’m sure many popular personalities will follow on this scam scheme since the future president itself is doing it without any legal repercussions so they will be on the same boat in case shit happened.

I think this trend started by Trump will open for more demand on meme coins that might cause a bigger problem in the future once the scam is already take effect and many people losses their money on this obvious scam.

I hate meme coins like this but we can’t stop them investing on this tokens if there’s so,e few user posting testimony on how they get rich on meme coins investment.

Odusko

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Thousand's of millions of dollars have been liquidated in the last 24 hours or above since the whole trump family thing started and at the moment both the president and the first ladies memecoins are oversold and in red zone Trump meme

And Melina coin which is nearly 12 hours of lunch has dumped rapidly from somewhere around $12 to presently around $9.40 from it all time here of $11 and above.

JamesDaniel90

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I really have no idea to be honest. I felt we were on track for a great 2025 up until this new Trump coin came out the other day and now also this Melania one too.

We still could have a great alt season in the next few months but the last few days have just felt more of a joke - how can a president release a coin that does almost a 1000% move in 24 hours and it be ok? Feels very dodgy to me.

I am just hoping that the money made from these two new coins is reinvested into other altcoins which would then give the whole altcoin market a boost.

jcojci

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I just worry if that makes many people getting in the trap in the game. We don't know what will happen later and those people only want to make a profit from the meme. They can think that playing with meme coin is fun so they may launch the next project and make a lot of money.

People should be careful and not tempting of what they see. They must research if that project is really from the official or that is just from the scammers. The crypto alt season is just begin and I don't think that will end so soon. But if you are afraid this will end, you can decide what you want and make sure you can take your profit.

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Quote from: markm on January 20, 2025, 01:15:08 AM

I guess all the ponzi-memecoin scammers will be asking does this mean ponzis are legal or merely that the Trumps are above the law? Cheesy

-MarkM-

It's about sending the message.
Who would be next on the list of the Trump family to repour liquidity from Melany to it? Wink

asriloni

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It's the end of crypto alt season.

Look at how Bitcoin stays above 100k, and reached new ATH, but shit happen with altcoins. Some tokens were touching new ATL. It means no more alt season to come.

Everything is now being concentrated to the Trump's family shite tokens. No more left for alts.

People are always having big expectations toward alts, but everything changed. People are now putting their money to the memes instead of utility token.

The trend is changing, no more bullish trend for alts.

PrivacyG

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Quote from: OmegaStarScream on January 20, 2025, 01:58:15 AM

$TRUMP Flash crashed -55% as soon as Melania announced her memecoin. This is going to end up very badly. I'm not sure who are the crypto advisors, but they need to be fired. Who thought its a good idea for POTUS and his wife to launch a memecoin? I can't believe this is real.

They are most likely people who are moving incredible amounts of thin-air-produced Wealth from one Meme Coin to another. Was it not a flash crash immediately after Trump re tweeted what Melania had posted? It is probably thousands of people with a few thousand Dollars each on average hoping the bounce from one to another will make them Rich as hell.

I am just as afraid this will end up extremely badly. This is probably one of the biggest Scams in the history of Cryptocurrencies we are witnessing. It almost looks like everybody and their mommas running as fast as they can toward disaster. Incredible.

And I am afraid this is only the beginning of a train of fresh Meme Coins that will ruin the lives of a TON of people.

OmegaStarScream

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$TRUMP Flash crashed -55% as soon as Melania announced her memecoin. This is going to end up very badly. I'm not sure who are the crypto advisors, but they need to be fired. Who thought its a good idea for POTUS and his wife to launch a memecoin? I can't believe this is real.

Odusko

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Quote from: markm on January 20, 2025, 01:15:08 AM

I guess all the ponzi-memecoin scammers will be asking does this mean ponzis are legal or merely that the Trumps are above the law? Cheesy

-MarkM-

Memecoins are not assets and shouldn't be relied on as an investment, so yeah it's Ponzi any ways for a coin that pumped to $83 to drop back to $30 and now struggling to sustain $60 above price within less than 48 hours is crazy, and now Trump wife jumped on the scheme with her meme, this indeed what we call family affairs, but coming from the president and his wife is something that we can not understand the motive behind all of this, well Trump is a smart guy, so he should be able to use his presidential power to push everything through if the scheme succeeds or he pushes thing under the carpet if and when the bubble blows it a Ponzi and it will surely end with tears for those that believe it.

markm

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I guess all the ponzi-memecoin scammers will be asking does this mean ponzis are legal or merely that the Trumps are above the law? Cheesy

-MarkM-

Outhue

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So I woke up this morning only to see that the First Lady of the United States launched her own meme coin as well.

Cheesy

It's like they said, holy shit, this scam works???

Melania: We can do it again?

Hahaha, can't help but start laughing out loud, what do you think will happen from here on? Is this the end for crypto alt season or this is the beginning? What do you think?

Topic: Is the end for altcoin season (Read 169 times)