Topic: Meme coin craze - page 2. (Read 367 times)
The value of a memecoin is the value of their comunity, but a comunity that is basically there to make money will run when the going get tough
Take profits and keep taking profits, there is nothing wrong investing in good meme coins just for the profits, I've made tons of profits from shiba inu than any other good projects with good utilities combine, get into the hype and get out early, that won't hurt
Right, as long as you know what you are doing and investing money that you can afford to lose then why not? The dangerous thing is that there are newbies who think they can just pour their money on a hype and meme coins and have a good profits in return. But that won't work if you don't know what meme coins you are going to invest.
Shiba right now is making huge profits for investors, specially those bagholders who enter early, but how about for those who enter the top? they might be trap and then lose their money and these newbies blame the crypto market itself.
When there are more advanced meme coins like Dogecoin, then copy coins will also be born to take advantage of certain moments such as hype and trends, an example of this you can find in Babydoge.
After that when Shiba Inu gets a lot of good responses and amazing pumps, then a meme coin with a copy of this name will also be born as you have mentioned and all of them will trap everyone who starts to believe in him at this time.
Advanced like doge? Doge was a joke, it was literally made as a joke and it will always stay a joke as well. I do not think that there will be any situation at all where people will be able to understand how much of a joke it was and why it was created. At the time doge memes were a lot and people just memed about it, so some guy who just knew how to code ended up doing it in 2 hours (his own words) as literally a joke, like a meme, so that we would laugh for a while.After that when Shiba Inu gets a lot of good responses and amazing pumps, then a meme coin with a copy of this name will also be born as you have mentioned and all of them will trap everyone who starts to believe in him at this time.
The fact that it is taken seriously right now is all because of Elon Musk, it was nothing before this, it was just something that we had fun and that's it. To think that doge is a better version of anything is just convincing yourself for your investment and nothing else. Don't get me wrong, shiba and all the others are still as bad as it gets, I would never spend a cent on them either, but just because the other memes are bad, doesn't change the fact that doge is a joke as well.
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Well of course. It is just all hypes obviously and I am not sure why would some people expect something like that to be something for a long-term to root for. After that supposed "exchange listing", it is almost always just go dry overnight. I never made any attempt to join meme coins, as I am a long-term holder nor I care about those coins really if they get reported a lot in crypto news which is almost often when I tend to scroll down in Facebook.
Take profits and keep taking profits, there is nothing wrong investing in good meme coins just for the profits, I've made tons of profits from shiba inu than any other good projects with good utilities combine, get into the hype and get out early, that won't hurt
Just know where you put your money not all these meme coins mean business
The same on decentralized swap exchanges before. Honestly, not new to crypto. We have seen that many times. But yes, since there are always new on this game, they might easily be lured on those new projects because of its sounds legit as names are derived from popular ones.
But I trust most newbies today that they won't fall on that simple trick. Yes, there will always be someone that will be lured by it but at least, and I believed, that the whole percentage isn't that high.
A lot are deceived to spend their savings to this kind of project hoping that they will get good profits, if the token will suddenly pump.
So there are still a good number of crypto users who are lured into this venture.
Just like with SHIB, honestly, I don't know how this meme token will survive once the hype is over.
Good that it is listed in top exchanges like binance, but how long they can sustain its market?
Just know where you put your money not all these meme coins mean business
The same on decentralized swap exchanges before. Honestly, not new to crypto. We have seen that many times. But yes, since there are always new on this game, they might easily be lured on those new projects because of its sounds legit as names are derived from popular ones.
But I trust most newbies today that they won't fall on that simple trick. Yes, there will always be someone that will be lured by it but at least, and I believed, that the whole percentage isn't that high.
Dogezilla meme coin just rugpull hours back lol, over 300 BNB are been sold by the scam artists leaving people at huge loss, this will serve as a lesson for all those desperately looking for where to invest their money without proper research
Nice catch! This is exactly what OP is talking about, new scammy projects are popping out and people invest in them and lose money! Just because of the hype around, this time about meme coins!
Well, people who invest money without proper research risk a lot definitely, I don't believe they are aware of that, they will get a clue once everything is over! In the end, we all paid some school, looks like it's how things going!
Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
Just know where you put your money not all these meme coins mean business
Don't know if you're fan of anime or not, but those project owners wanna take advantage of anime lovers as all those tokens are named from the characters name of "Naruto" anime. Not only this, there are also so many memecoins which used the main character's name of famous anime/manga. Also, those are just launched to grab money from the market and many of those projects already became scammed project. So don't believe into those, just put those amount which anyone can afford to lose. Kiba inu
Naruto inu Which I'm sure is coming
Just know where you put your money not all these meme coins mean business
Dogezilla meme coin just rugpull hours back lol, over 300 BNB are been sold by the scam artists leaving people at huge loss, this will serve as a lesson for all those desperately looking for where to invest their money without proper research
After the success of Shiba inu it is not surprising to see copy cat jumping out and using the inu name to gain recognition, Shiba inu according to an article I read has shibaswap audited by certik which means Shiba inu now has a use case and it is more than just a meme coin, and as for those copy cat inu, I would say be careful with them.
Shiba isn't the only meme coin that passed certik, others like kishu inu, saitama and very few passed certik successfully, even kishu and saitama made it to gate.io, people just tend to like meme coins this time around simy because of doge coin success, I'd say enter and take advantage as well 
Hype began to surface again with the marked increase in Shiba Inu and all memecoin began to move showing a massive increase. Almost all promote various memecoin under the nicknames of their dogs.
Whether with a very large number of memecoin, of course it is difficult to identify which ones are truly profitable. Because the ups and downs of investors are quite volatile.
I dare not choose one memecoin. Too careless to enter when heavy rain will bring big currents. I'll be watching Shitcoins on the prowl.
Whether with a very large number of memecoin, of course it is difficult to identify which ones are truly profitable. Because the ups and downs of investors are quite volatile.
I dare not choose one memecoin. Too careless to enter when heavy rain will bring big currents. I'll be watching Shitcoins on the prowl.
Just know where you put your money not all these meme coins mean business
Thanks for the reminder but I'm not investing in those.the fact is you really can't tell which one has a serious team and which one isn't, it's just that meme coins are 💯 more dangerous
True.Many of these meme coins came out and just were for the profit and we didn't expected that shiba could grow this a lot. Well, despite it's hot in the market, I've decided not to invest on it.
This kinda garbage will always follow when some coin is in the boom. Sometimes I feel like there is whole team is sitting around the corner who is continuously coding a token or coin once they find the parent coin is booming. Lolz. They would immediately start with their github development, make some non sense site with lucrative design, social media accounts with cheap budget followers and everything that can support it as amazing looking project.
You are completely right, they will also deceive the newbies with the same names either the whole or partial. It's such a stupid thing to do but these peeps know they have the ability to loot peeps so its like criminal warfare of crypto underworld. Funny and worst at the same time.
You are completely right, they will also deceive the newbies with the same names either the whole or partial. It's such a stupid thing to do but these peeps know they have the ability to loot peeps so its like criminal warfare of crypto underworld. Funny and worst at the same time.
Well searching "Naruto Inu" led me in this page. Not sure why people think that these coins are worth losing your money for, but I am just curious on the reasoning.
I watch anime, but I was never fan of that anime lol. Doge and Shiba were the popular coins that I know that are meme, but I never expected that a lot will still follow.
I watch anime, but I was never fan of that anime lol. Doge and Shiba were the popular coins that I know that are meme, but I never expected that a lot will still follow.
I would say those anime inu coins are not worth to invest because they are just a meme but the reality is different, the hype of those coins is really high and it could make one exchange listing a week (Big exchanges also). So my conclusion is, meme coins could make a lot of profits as long as we enter at the right time because when the hype is over, our investment could be consider as gone.
A quick warning for those who needed them, be careful with projects that ends with the word .inu and nomics , right now investors are investing once again on projects mainly on hype and FOMO and developers are ready to take advantage of them, almost every new projects that listed on coinmarketcap ends with inu, small time now we will start seeing
Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
Just know where you put your money not all these meme coins mean business
Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
Just know where you put your money not all these meme coins mean business
It is really hard to keep track what is even happening or which projects with a great long term potential are launching soon with all those meme-coins that are coming out each and every day and that for at least a few months now. I was really hoping that the meme-coin wave would slow down or even die out when the market dropped quite heavily in the beginning of may, but somehow that trend just won't die. The reason for that is quite simple in my opinion. You don't really need to be a dev to launch a meme-project, you just create a ETH, BSC or Polygon token and give it a weird name and hope for the best. 99% of those meme-coins will be dead in a few months.
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Well searching "Naruto Inu" led me in this page. Not sure why people think that these coins are worth losing your money for, but I am just curious on the reasoning. I watch anime, but I was never fan of that anime lol. Doge and Shiba were the popular coins that I know that are meme, but I never expected that a lot will still follow.
After the success of Shiba inu it is not surprising to see copy cat jumping out and using the inu name to gain recognition, Shiba inu according to an article I read has shibaswap audited by certik which means Shiba inu now has a use case and it is more than just a meme coin, and as for those copy cat inu, I would say be careful with them.
Okay, shiba can be useful, but everyone knows that other meme tokens or cat, dog tokens do nothing but create fomo. In fact, it is beneficial for conscious investors, new investors for some reason always join the ecosystem to invest in such shit tokens and usually lose their money. The only difference between them is shiba and it has proven itself in this regard.
A quick warning for those who needed them, be careful with projects that ends with the word .inu and nomics , right now investors are investing once again on projects mainly on hype and FOMO and developers are ready to take advantage of them, almost every new projects that listed on coinmarketcap ends with inu, small time now we will start seeing
Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
Just know where you put your money not all these meme coins mean business
Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
Just know where you put your money not all these meme coins mean business
There are too many meme coins on crypto market now, there is a new wave of hype that is why there are many scammers, who use this hype and launch their tokens to attract newbies. But we should be very careful in terms of new coins. We should investigate a web-site, documents, partnership, a development team and it will be great if you can read smart-contracts.
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