Topic: Meme coin caused Solana price to rise by 40% in a week - page 3. (Read 519 times)
I'm not a fan of meme coins and I only see this as a temporary hype as a first meme dog token on solana. I don't think this will have a long term value and given it's on solana, I don't think this will survive till the next bull market. People think this meme coin will be the saving grace of solana but I don't think so. Their bonkcoin is too late in the meme coin era. If they came earlier in the game, They could achieve so much more compared on the gain they have today. Again, It's remarkable that the meme coin value gain so much despite of the market situation but yeah it's temporary and most of us knows.
even though this is meme coin it's quite good seeing some bullish coin after all the things that the market went through basically have quite long bearish, I guess meme coin could always goes against the trend and somehow make some coins looks alive again in this case is solana that got influenced by the existence of meme coin.
I remember the bullrun back then was accompanied by meme coins and I think this meme coin could change the course of the trend after all the influence was quite big to its platform even though we should wait and see whether this coin could still hold its value or just losing it as it goes.
I remember the bullrun back then was accompanied by meme coins and I think this meme coin could change the course of the trend after all the influence was quite big to its platform even though we should wait and see whether this coin could still hold its value or just losing it as it goes.
Good thing is you know that it's all hype and hype isn't something that's long-lasting. Whether it's good for Solana or not does not really matter because we are still in a bear market. I sense some sort of pump and dump scheme going on and members who FOMO out to be very careful with this or else the pumpers and dumpers will profit from you leaving you holding bags of shitcoins.
People who are interested in this will end up with buying more, and it could all be because of a hype and doesn't mean it will drop neither. Maybe some rich whale saw it and liked it and bought some to store it aside as well, who knows? That's why it's much better if we could end up investing into SOl when we see it low, not when it jumps up this big, it just doesn2t make sense to do that.I know it's not as simple as people make it out to be, it takes a while for it to be settling again back to where it was, or maybe it won't but I definitely disagree with anyone who wants to buy it now when it is high, should have done it two weeks ago when it was low and sell now when it's high.
For an investor on Solana every rise is a news they welcome regardless of what’s the source of the good news.although the creation of Solana which I thought was a wrong move seem to be their saving grace. Memecoin are always quick to get hype.
From Dogecoin to some other memecoin they received good hype early on and fades. I am concerned how long Solana could hold the rise if it’s true they saw the rise due to a memecoin on their network.
From Dogecoin to some other memecoin they received good hype early on and fades. I am concerned how long Solana could hold the rise if it’s true they saw the rise due to a memecoin on their network.
Solana has something doesn’t it. It’s still so cheap, it has suffered loads of FUD. The network even went down a few times but it’s still here swinging. It was touted as the ETH killer & who knows, it just will not lie down.
I definitely think it has potential to bring great profits in the next bull market & as I said it’s so cheap. Definitely a good idea to buy some & sit patiently for a couple of years. It definitely has another wild, parabolic cycle left in it.
I definitely think it has potential to bring great profits in the next bull market & as I said it’s so cheap. Definitely a good idea to buy some & sit patiently for a couple of years. It definitely has another wild, parabolic cycle left in it.
Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
There is very little liquidity in the market right now, so the price usually drops after such pumps. Serious projects continue to leave this ecosystem.There is a lot of news about cryptocurrencies until there is no real mass application in the budget sectors for the majority of users. Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
Not a surprise as meme coins are just hype and can't be trusted when it comes to long-term investment. But, I don't say it was a mistake investing in Solana but be sure to sell them when it peaks otherwise, regrets are really gonna happen in the end. But if we are looking into something that we can assure the safety of our investment, better to avoid meme coins like Solana. The hype will never stay long and many investors had failed to make a profit because of thinking more (greed), and I don't want you to suffer like that.
Once again we're looking at a new meme coin and it's taking Solana a step up. Actually this is an opportunity for them to attract big investors again, I mean they can take advantage of the meme coin hype on the Solana network to introduce the innovations they will run. But if they don't take this as an opportunity, I think in the future we will see the same ending (once this meme coin is less hype) they will be left again.
meme coins are not enough to generate much interest from investors except for beginners trying to gamble their luck and want to get rich quickly or vice versa. the nature of meme coin is not sustainable in the long term. We have gone through many meme coins even on the Solana network also many meme coins have been launched. Hype is definitely not the ideal sector for investors to play with big money unless they don't understand how long term investing works.1 coin hype meme if I'm not mistaken $BONK, has attracted many fraudsters to launch the same coin and that's where Solana will become a hotbed of destruction. I mean just in a week or maybe 1 month it can last but in the end the Solana network can't fix its mistake in one night.
Good thing is you know that it's all hype and hype isn't something that's long-lasting. Whether it's good for Solana or not does not really matter because we are still in a bear market. I sense some sort of pump and dump scheme going on and members who FOMO out to be very careful with this or else the pumpers and dumpers will profit from you leaving you holding bags of shitcoins.
Tell that to Shiba Inu with a marketcap still worth 4.6 BILLION dollars. And how do you know if this is just a short or long term hype? There has been many cases when some altcoins have rised during the overall bear market. And BONK is just few days old. It's given free to active solana NFT projects, which i love as fair distribution.Sure, rising 4000% in one week raises eyebrows but there can be many things that justify it.
Only thing i hate about this is their logo forced to look like generic 3d plastic blob made by cheapest artist ever.
Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
Yes this meme coin has super recharged Solona coin and now many Meme coins has been launched and giving free Airdrops to Solona Users. Solona coin was dying day by day and after Bonk coin launch and Airdrop to NFt holder Solona price back to 13$. Now it's looking so positive and we can see very soon 29$ in upcoming days if trend continues. 
Once again we're looking at a new meme coin and it's taking Solana a step up. Actually this is an opportunity for them to attract big investors again, I mean they can take advantage of the meme coin hype on the Solana network to introduce the innovations they will run. But if they don't take this as an opportunity, I think in the future we will see the same ending (once this meme coin is less hype) they will be left again.
Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
not surprising. but that's exactly what happened to Solana from the start. they take advantage of the hype that occurs in their network. developing several projects from the Solana network which suddenly became very expensive. this happened in the past. but now the much talked about meme coin seems to be moving the Solana price. however, we already saw how Solana took off last year. I don't know what to do, maybe this year they will be better, or just for a moment. 
Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
Not gonna say anything about solana but those that are investing in Bonk and think that it's not going to fall anytime. Well, honestly this is the time that you should be worried if this is the time you want to get in.It's likely that the peak has been reached and the fall will start to happen anytime soon. We're done with meme coins or should I say not yet and they're building it up on the different networks so that it's going to be sort of something new for most investors.
But this isn't the way for me to invest, I'm avoiding most of these meme coins and the hype that it creates.
Solana rose a lot in a past bull market with support from FTX, Alameda Research which are all dead now after FTX fiasco.
Without big backers like FTX and Alameda Research, Solana won't be able to reclaim $200 all time high. Solana blockchain has technical problems that caused a lot of issues on its network and lot of inconvenience for users. At some points, Solana blockchain even stopped working that is not a good history.
The hype of meme tokens on Solana blockchain caused $SOL price to rise a lot. It's a good chance for $SOL holders to cut loss in my opinion.
Without big backers like FTX and Alameda Research, Solana won't be able to reclaim $200 all time high. Solana blockchain has technical problems that caused a lot of issues on its network and lot of inconvenience for users. At some points, Solana blockchain even stopped working that is not a good history.
The hype of meme tokens on Solana blockchain caused $SOL price to rise a lot. It's a good chance for $SOL holders to cut loss in my opinion.
Recently a meme coin was launched on Solana network which got a lot of hype. As a result, Solana prices are about 40% up in last one week. Do you think this is good thing or bad thing for solana ? Just a meme coin causing this boost instead of some solid news like good partnerships or adoption in some company.
We just need to take a chance at the beginning and not fall for it when the hype has peaked. the benefits of buying meme coins are indeed quite tempting with fantastic increases. Some of my relatives bought them and indeed at this point, they have taken advantage of them early before disposal occurs. The meme coin itself is identical to the hype which is futures so it won't be profitable forever even if it can be thrown away at any time so it has no value in the market. It's a double-edged sword, as it's advantageous for early buyers and those exposed to the hype should be wary of disposal at short notice. Hype is still hype or indeed this is more of a coin meme gambling that has happened a lot everywhere. In the end, nothing lasts. 
MemeCoin cannot do that, as some speculators may have found it an opportunity to invest, especially with the closing of trading and weak liquidity during the holidays.
In general, it is not a good hypothesis for a currency that you want to invest in in the long term, as there are many doubts about the centrality of Solana, so if you were invested in it before, withdraw your profits and leave the rest for a short-term investment.
In general, it is not a good hypothesis for a currency that you want to invest in in the long term, as there are many doubts about the centrality of Solana, so if you were invested in it before, withdraw your profits and leave the rest for a short-term investment.
Of course, it's a good thing and they hope this will constantly be the scenario in their market because undoubtedly it will gonna be the reason to multiply their investors. Actually, this is good news for all of us because since the bearish market has occurred, we rarely see news such as this one, and others always negative that affect the crypto market negatively. We hope to see more positive progress in the future because we really need to move on against this bearish trend to keep out from critics because whenever the market is not looking good, they are there to spread lies against the crypto community.
According to the tracking, bonk is most likely from a Chinese team. They have created a number of ups and downs before, which have wiped out the wealth of many people. Bonk is not a decentralized meme, but a highly controlled fraud. Please be careful.
It is obvious that those who are investing now in this meme coin will be in loss as price is already too much pumped up. 
Good thing is you know that it's all hype and hype isn't something that's long-lasting. Whether it's good for Solana or not does not really matter because we are still in a bear market. I sense some sort of pump and dump scheme going on and members who FOMO out to be very careful with this or else the pumpers and dumpers will profit from you leaving you holding bags of shitcoins.
According to the tracking, bonk is most likely from a Chinese team. They have created a number of ups and downs before, which have wiped out the wealth of many people. Bonk is not a decentralized meme, but a highly controlled fraud. Please be careful.
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