Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
It's not enough only with some concept, Today the project need MVP, Huge Marketing Program and Backed by some partners or listed on BIG CEX First, it was possible to do it in a cheap way too but the project need solid community and sometimes Meme too, tons of other coin was going to big with just Shilling the most simple example was $SHIB and of course $DOGE. Well, Crypto market was unpredictable, You can't predict accurately what will happen in the future. 
Topic: Is this a bad time for altcoins? - page 13. (Read 3643 times)
It all looks red to me... 
until BTC goes over 40 K again! especially when and if it heads for 40 K!
until BTC goes over 40 K again! especially when and if it heads for 40 K!Bitcoin already reached its all-time high price now it will stay between 30k$ to 42k$ but this is the right time to buy altcoins because all altcoins are at their lowest price and altcoins will grow and reach their all-time high prices, buy as many altcoins you can if you really want to get some good profit. Altcoins pump is near so buy and hold to get profit.
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
Because shifty coins are out there trying to siphon money out of real projects or coins. What do I mean, well these guys use strategies of pump and dump so they create that picture of the project to be doing well when the pump and people invest in these shitty projects but when the owners exit this time bomb of a shitty project... value crashes too when the devs dump their holding for legit coins and it ends as an exit scam. So be on the look out don't fall for such, if it's too good to be true then it ain't! 
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
There are lots of memes coins flying and some of them becoming a shitcoins in no time.As you can see many of them are dead already and not have a chance growing up, So we need to be careful all the time and be aware from those meme coins. If have some new altcoins must better to search them first before to doing something.
altcoin momentum will start when BTC has stabilized above. we are looking at how BTC is fixing its price. when you see BTC is stable then soon altcoins will make a long rally.
what happened when yesterday's correction should have made us realize that BTC is reframing the market to make trading and adoption increase again. because when the market is too overpowered at the top, it's also not good for new investments.
what happened when yesterday's correction should have made us realize that BTC is reframing the market to make trading and adoption increase again. because when the market is too overpowered at the top, it's also not good for new investments.
I think having a bearish market is really not a good time for altcoins but that just how market works sometimes is in bullish and sometimes in bearish and for now is a bad time as we can see the price of altcoins but the good thing is that we can buy the altcoin we wants and hold it till the bullish market comes.
so you think meme coins are not altcoins?
all other types of coins besides btc are altcoins no matter what field the project is in it's called altcoins, and regarding what you said maybe it's not time for them to go up, or their rise doesn't happen quickly and takes time.
all other types of coins besides btc are altcoins no matter what field the project is in it's called altcoins, and regarding what you said maybe it's not time for them to go up, or their rise doesn't happen quickly and takes time.
There are many altcoins appearing every day, which leads to more and more scattered funds.
At present, the price of many altcoins may drop to zero in a short time, so it is best not to participate more in altcoins, do not hold them for a long time.
At present, the price of many altcoins may drop to zero in a short time, so it is best not to participate more in altcoins, do not hold them for a long time.
don't rely on meme coins for long term investment, currently Bitcoin price is going up, many altcoins are slowly starting to follow while meme coin growth is based on some communities deliberately pumping for attention.
It should be noted again, many big investors play the price of coin memes so that beginners start to feel like they already hold the coin of the future. but actually it's just a vehicle for traps. stay focused on projects built on high volatility crypto networks and great attraction for investors.
It should be noted again, many big investors play the price of coin memes so that beginners start to feel like they already hold the coin of the future. but actually it's just a vehicle for traps. stay focused on projects built on high volatility crypto networks and great attraction for investors.
In this current market condition, if bitcoin is stable above 39k i think good altcoins will rising. Good altcoin means altcoin with a good fundamental and great projects ahead. Meme coins are rising because of whales are pumping it with purpose of trapping newbies, so you can choose to follow the wave and get out in the right time to make profits, or you can just ignore those and focusing on buying good altcoins
Meme coins that fly if they fall will not be able to get back up, in contrast to projects that are really quality even though the process is a bit long but will not be easily thrown to the bottom. Don't get caught up in greed.
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
Legit coins such as Cardano and BNB are doing relatively well. I would even say that they are slightly overpriced. It is entirely another topic that shitcoins such as XRP and Dogecoin are overpriced by a factor of 10x or even 100x at current levels. So you can't say that good coins are doing well. And regarding shitcoins, the bubble will burst soon and they will see a very sizable correction. Anyone holding these coins are going to face crippling losses (as it has happened manytimes before in the cryptocurrency market).
This is mainly because the cryptocurrency market is not mature enough right now. There are lot of people who will invest in memecoin or shitcoin just because some reddit page or some tweet being circulated. Also, a lot of people get attracted to a coin which shows very low value (like Shiba Inu) and believe that the value will increase substantially, without considering the fact that the total supply is in quadrillions/trillions and it would need hell lot of investment from people to actually grow in value.
Also, marketing of some shitcoins and memecoins is done in such a way that people tend to go for it rather than rationally discussing on the project or seeing the value of such project.
Also, marketing of some shitcoins and memecoins is done in such a way that people tend to go for it rather than rationally discussing on the project or seeing the value of such project.
Those are short term speculators, once they have done with the pump to those shit coins and they will be going back again to the quality coin. They are only aiming to make fast money from the shitcoins and that's why you have seen that the demand for the quality coins have been decreasing compared with the opposite trend that was happening with the legit coin. This trend will not be so long. It will be the same like the defi trend.
once people feel bored with it and they will be jumping again to the legit coin.
once people feel bored with it and they will be jumping again to the legit coin.
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
Probably the market has been saturated already.
And it's easy to make money right now in crypto, just create a meme coin promote it that's it. So devs are not thinking a real utility or token that can change the world. Now every one is greedy, not scamming per se, but just creating projects that will be used to pump and dump. And then create a new hype, rinse and repeat.
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
The reason is clear, someone wants to destroy the market. Memecoins are supported not only by Musk, but also by major exchanges such as Binance and Kucoin. Binance was interested in successful projects in the past years, but nowadays they lists and also promotos for manipulating memes price. And it seems that the generality is already hypnotized. What decentralization can we talk about in this case, everyone goes downhill blindfolded and the end of this road does not look good at all.
If there is a correction of the cryptocurrency market, then it affects all cryptocurrencies, altcoins and, of course, bitcoin, and no matter what capabilities and technologies these cryptocurrencies have and how popular they are, the correction will not kill anyone, and therefore when the cryptocurrency market starting correcting, we just need to wait until the correction of the cryptocurrency market will be over and now we need to hope that the correction of the cryptocurrency market would be short.
it's only temporary but when you could try to take a look at some meme coins and then you will have found that so many meme coins already dead.
The meme coins got a very big demand caused by people are going so crazy to doubling their money instantly and that's why they were looking for a new altcoin to be used as a pump and dump scheme only.
The coin with real utility usage can survive for so long.
The meme coins got a very big demand caused by people are going so crazy to doubling their money instantly and that's why they were looking for a new altcoin to be used as a pump and dump scheme only.
The coin with real utility usage can survive for so long.
after ico mania 
now we are actually living the "meme coins" era.
The worst part will come when it will end since a lot of people will remain with useless tokens emitted in billions units! I think it's not DEV fault about this, they are seeking a profit unless is really viable as product.
People are greedy to get rich quick...
now we are actually living the "meme coins" era. The worst part will come when it will end since a lot of people will remain with useless tokens emitted in billions units! I think it's not DEV fault about this, they are seeking a profit unless is really viable as product.
People are greedy to get rich quick...
meme coins are doing well because there is a lot of people that are doing pump-and-dump and gamble-only investment schemes, and that would always be the case in new industries, you cannot expect that all people will be honest, could you?
but, and this should not be taken as advise, I tend to stick with projects that have something behind them to support their development during harsh times and bear market, and meme coins are usually just up during bull markets
but, and this should not be taken as advise, I tend to stick with projects that have something behind them to support their development during harsh times and bear market, and meme coins are usually just up during bull markets
Jump to: