Topic: Meme coins have no use case (Read 680 times)
I think their assumptions regarding this coin are too enormous so the truth that is occurring now is that numerous individuals would prefer not to acknowledge and still expectation with a siphon from a very rich person. As it began to fall, they became useless bits of resources and I don't figure anybody would contribute further on such coins which don't have a legitimate case at any methods.
Indeed, meme coins looks like trash to me, without hype they are nothing, even Dogecoin too. But again, if investing in cryptocurrencies is to make money, and investing in meme coin can make money, then there is no good or bad i think. The important is that you can get profit form it.
But not for long, you can make a short term profit but if you are not very attentive you will find yourself late in dumping your shares and might end selling at a loss, any coin with no usage and will not contribute anything in this technology are bound to be a shitcoin and will vanish in the market in just a short period of time.
I don't think a mem coin is that attractive, but if anyone can predict when the time is right to join in and exit with a big profit when the pump hits, the meme coin might be a not so bad choice.
Nowadays most of the projects available in the market with meme coins which have very popular but not all coins. Shiba Inu derivatives coins have popularity and it's target objectives also very effective. You can invest those meme coins undoubtedly.
Meme coins are such a waste of your precious time and resources. This is why I never bothered keeping a single bit of my attention to them. I would rather invest my hard-earned money in profitable altcoins like ETH, ADA, LTC, BNB, and Stakenet XSN which has a unique use cases and technology-driven innovations.
I don't think a mem coin is that attractive, but if anyone can predict when the time is right to join in and exit with a big profit when the pump hits, the meme coin might be a not so bad choice.
That's right and it's obviously useless if we invest in coin memes,
I don't even have high hopes for coins like that either,
much better to invest with coins that have a clear project or we can invest in the top 10 coins
memes coins is just a props in the space wherein they're hoping to get some attention from some investors as well after the dogecoin become trending because of elon, but see what happen to doge after comparing with bitcoin? So for short if you contribute on that memes coins for sure it's like you dash money to someone for free. Lol I don't even have high hopes for coins like that either,
much better to invest with coins that have a clear project or we can invest in the top 10 coins
I think any coins can be used by traders, if we know if thet "Meme coins" only pumped and dumped coins, maybe we can do something with very small amount of capital. Maybe with $10 and then the coin get pumped, we can get worth value of a coins, and if dumped, well $10 usually can be afforded by people.
we will not know how the fate of coin memes in the future. if many give an example of dogecoin. then they should consider how long it will take Dogecoin to build a strong ecosystem with a lot of adoption in the market. Of course, it is not simple and short achieved by Dogecoin.if there are meme coins that take advantage of the momentum of dogecoin, I think it will take quite a long time or long term for the asset to become viable.
Meme coins can have a use case depends on the developer's roadmap. After all, being a Meme coin is only a label, development and roadmap depends on the developer themselves. Just, for example, a dogecoin can be developed into a more useful one but sadly developers are quite lazy to do something about it. Many other newly created Meme coins are following Dogecoin's footsteps but some of them are actually planning to put a real-life application such as creating dexes as a service, while others are to develop a platform where anyone can enjoy purchasing something where their Meme token is the main medium of exchange.
Dode coin develops and advances takes quite a long time. They groan with the years. But now there are many meme coins circulating on exchanges who want to follow in the doge's footsteps. Many new crypto users who want to get rich quick with meme tokens. I don't think that's good. Because there are many token memes, the end of the developer is blurred. Moreover, meme tokens circulating on the bsc network. Because there are many interested meme tokens on the BSC network. So there are some people who want to make their own profit by making meme coins. Indeed, meme coins looks like trash to me, without hype they are nothing, even Dogecoin too. But again, if investing in cryptocurrencies is to make money, and investing in meme coin can make money, then there is no good or bad i think. The important is that you can get profit form it.
following hype in market actually give us multiple profit than in common projects. we have to see what is be trend now in market , and no matter is it shitcoin or qualified project. look at past trend such as NFT meme coin, all of them give us much profit than trading in bnb or ethereum. but we have to care about risk if suddenly project become scam. 
Trends will come and go. Tokens will also come and go, most of them. It is not only memecoins that will disappear with time, we shall also see some top tokens disappear too. Those tokens that are top on the list this year may disappear in less than 2years from today. There are also top tokens people say do not have use case. Dogecoin is an example but it is still there. Infact, Dogecoin is getting stronger and stable each passing day. What everyone needs to do is become more careful while buying any token whether memecoins or not.
Indeed, meme coins looks like trash to me, without hype they are nothing, even Dogecoin too. But again, if investing in cryptocurrencies is to make money, and investing in meme coin can make money, then there is no good or bad i think. The important is that you can get profit form it.
i don't support any of these coins because i don't believe in its future and for me those coins are manipulated currencies that will die eventually even before the crypto adoption happens in the future.
When mainstream crypto adoption will be happening, I believe all kind of coins which are already known to people and having some significant user base might be reaching its peak levels. This way I believe, no one is going to be bothering about what kind of usecase one coin will be having but they will simply adopt what already is known for them. So, how famous one coin right now might be deciding its fate in the future.I mean when a community support then anything can be used for momentary exchange and there will be no compulsory of being an innovation based thing alone to be used as money for day to day life.
This is what exactly happening right now and one good and famous example must be dogecoins. Traders and investors will not be going to bother about what kind of use case one coin will be having but they will simply adopt whatever is famous and already being used by most people. 
I think there is no distinction here, I would choose both. I really like erc20 because from what I have used before, I realize the familiarity as well as the simplicity. And BSC is similar, and it also brings many better utilities. And many people still use it for fud Ethereum, but those who have faith in it see that the problem will soon be solved and there will be no problem again 
I think is too risky to invest in meme coin, and that's all.No use case? I don't think so, does Dogecoin no use case? As long as the consensus of meme coin is strong enough, it may also be used for payment, but is very very hard i think. By the way, i don't think those are named technical coins have any use case, for example, eos. In a word, i don't suggest buy meme coin just because of the risk is too high.
Very good advice, because everyone also knows that coin memes are just trash coins that don't have any function so without you giving an example, some people have steered clear of coin memes.I don't even have high hopes for coins like that either,
much better to invest with coins that have a clear project or we can invest in the top 10 coins
i don't support any of these coins because i don't believe in its future and for me those coins are manipulated currencies that will die eventually even before the crypto adoption happens in the future.
but of course there are some coins that will remain though i don't wanna risk my money for those and instead will by regular coins .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I do not know if meme coins have a use case or not, but meme coins are just for fun
This is the point and you got it. The main purpose of meme coin is just for fun but these days due to the steady profit and people have been starting to change their opinion if the meme coin was not for fur but its' for money.
That was creating a new opinion if the meme coin should have a useful product and that can bring them all huge profit instantly like doge and shiba although these coins didn't have usecases.
These days people are so crazy for money.
If that is about money, people tend to become crazy and not thinking much.
You are absolutely right. Meme coins are shitcoins, and as such, are only good for pump and dump.
And don't get cocky, as soon as it pumps, the team behind it will dump. If you're lucky, you might get some profit, but at the cost of so many naive people losing money
And don't get cocky, as soon as it pumps, the team behind it will dump. If you're lucky, you might get some profit, but at the cost of so many naive people losing money
Isn't it the nature of the cryptocurrency market? Bitcoin, Meme Coin, Privacy Coin, and any label fall under the pump and dump schemes. Whales accumulate, then pump the price before dumping their stash, create fud to accumulate again, and the cycle restart. Anyway, I always believe it all depends on the developer, ETH, and any other known altcoins had been subject to dev dumping their stash, but if you know any dev that doesn't sell their coins I will admit I am wrong then. Though I agree 100% that in order for one to get a profit, someone needs to produce in order for us to gain profit.
Recently, we saw so many people buying Meme coins, hoping for a new Doge. At first, some profits could be made but it didn't last long.
Keep a realistical point of view
From a realistical point of view, Meme coins don't offer any improving feature, it's just pump and dump, pure speculation. If nobody will buy it anymore, it becomes obsolete. Behind Meme coins, no innovative technology can be found.
Meme coins can be used for payment, but also like every existing project, so why not using Bitcoin for it? No seller will accept dozens of Meme coins.
We should ask us ourself: which benefits can a Meme coins really offer? And our answer will be: none, it's just speculation.
We can assume: when we don't have any hype, such projects will crash.
Buy innovation instead of hype
Crypto is still very early and we will see so many projects build on crypto. But good projects will not be build on Memes coins, good projects will be built on solid platforms where all features are available for a high-scaled and decentralized.
Such projects are for example IOTA and Avalanche, rising and innovating Blockchain standards and showing a clear vision for technological standards. IOTA has a record of being an innovative and internal leading projects for industrial standards, coming from Germany and already partner of industry leaders. Avalanche has established to arise as an interoperable project also for economic solutions, like decentralized finance but also government cooperation. A highly relevant feature of Avalanche will be subnets, where each industrial or governmental standard can be met - powered by Avalanche.
Such projects will be innovative and important to buy because whole industries will be built on it - not on Meme coins!
Meme coins are just pump and dump and have no real value. When crypto shows its true potential, Meme coins won't play a big role anymore.
Conclusion: Invest wisely and research about projects for industrial, economical and governmental use!
Keep a realistical point of view
From a realistical point of view, Meme coins don't offer any improving feature, it's just pump and dump, pure speculation. If nobody will buy it anymore, it becomes obsolete. Behind Meme coins, no innovative technology can be found.
Meme coins can be used for payment, but also like every existing project, so why not using Bitcoin for it? No seller will accept dozens of Meme coins.
We should ask us ourself: which benefits can a Meme coins really offer? And our answer will be: none, it's just speculation.
We can assume: when we don't have any hype, such projects will crash.
Buy innovation instead of hype
Crypto is still very early and we will see so many projects build on crypto. But good projects will not be build on Memes coins, good projects will be built on solid platforms where all features are available for a high-scaled and decentralized.
Such projects are for example IOTA and Avalanche, rising and innovating Blockchain standards and showing a clear vision for technological standards. IOTA has a record of being an innovative and internal leading projects for industrial standards, coming from Germany and already partner of industry leaders. Avalanche has established to arise as an interoperable project also for economic solutions, like decentralized finance but also government cooperation. A highly relevant feature of Avalanche will be subnets, where each industrial or governmental standard can be met - powered by Avalanche.
Such projects will be innovative and important to buy because whole industries will be built on it - not on Meme coins!
Meme coins are just pump and dump and have no real value. When crypto shows its true potential, Meme coins won't play a big role anymore.
Conclusion: Invest wisely and research about projects for industrial, economical and governmental use!
You are absolutely right. Meme coins are shitcoins, and as such, are only good for pump and dump.
And don't get cocky, as soon as it pumps, the team behind it will dump. If you're lucky, you might get some profit, but at the cost of so many naive people losing money
I think is too risky to invest in meme coin, and that's all.No use case? I don't think so, does Dogecoin no use case? As long as the consensus of meme coin is strong enough, it may also be used for payment, but is very very hard i think. By the way, i don't think those are named technical coins have any use case, for example, eos. In a word, i don't suggest buy meme coin just because of the risk is too high.
Very good advice, because everyone also knows that coin memes are just trash coins that don't have any function so without you giving an example, some people have steered clear of coin memes.I don't even have high hopes for coins like that either,
much better to invest with coins that have a clear project or we can invest in the top 10 coins
Meme coins are just pump and dump and have no real value. When crypto shows its true potential, Meme coins won't play a big role anymore.
Memecoins are just another part of momentary system; why do we need only serious things whereas there will be a room for everything? I mean when a community support then anything can be used for momentary exchange and there will be no compulsory of being an innovation based thing alone to be used as money for day to day life.I am always against on pump and dump but there were lots of copycat coins which were being built just to suck investors' money whereas some coins are coming up by announcing themselves as non-serious one and people are supporting it and I am not seeing any wrong on investing with them as well.
If you think about real world use case, that might be true. But we are getting a completely different financial and virtual environment within the internet. We are making possession and capital through NFTs and crypto. Utility tokens help other crypto activities to prosper. Meme coins are exciting and trendy. Use case arises when you believe you are using it.
Jump to: