Cryptocurrencies is not too old to say that what we can accept new from this technology. BTC or some big coins are 10 0r more years old but all meme coins are just come and people get involved in their hypes, like what happened to shiba Inu, record breaking jump but now more people into this world understand cryptocurrencies and its usecase so it is very difficult that meme coin will make you rich. Overall a market goes where public goes Specially in crypto so look what is going to happen to this industry.
Topic: Meme coins still makes you rich or end of trend? (Read 986 times)
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
Like you have said, it is a craze, and one thing about craze is that it comes at times when you least expect it to happen.But right now, the meme coin trend is already over and we are not sure if it’s going to start again, and if it’s going to start again, we are not sure when it is going to be. It is just like the last one that happened, no one knew it and no one really was expecting it to happen, it just took up all of a sudden.
The best thing is just to be alert to know when it’s going to happen, because things like these are best if you get on the trend as quick as possible and get off before it’s late.
Meme coin trend ended ended when Elon Musk stopped tweeting about crypto. It was replaced by NFT and metaverse trends. Now it is war in Ukraine trend and started or starting economic crisis. First, I dont understand who will invest in meme coins right now, since projects with a real idea behind cant raise funds for develoment. Second, who would have spare money to invest in crypto, when most people will start to live from salary to salary.
The right coins will survive in times of crisis as meme coins only succeed due to hype and in the current situation, there's no more hype. Bitcoin is even struggling, so how much more with these meme coins, we can already expect that to happen because it's not always bull run, and now that we are in a correction phase, those coins that are hype will also experience a big time dump. Meme coin trend ended ended when Elon Musk stopped tweeting about crypto. It was replaced by NFT and metaverse trends. Now it is war in Ukraine trend and started or starting economic crisis. First, I dont understand who will invest in meme coins right now, since projects with a real idea behind cant raise funds for develoment. Second, who would have spare money to invest in crypto, when most people will start to live from salary to salary.
The idea of making huge money inside this industry is slowly fading, those who have the kind of mindsetThinking that they can make a huge amount of money from this market now realizes that it's not that easy. Some already went away
while others are still here and trying to figure it out if they still have that chance.
Meme coin, just like how you describe the situation, there are fewer people who have spare money to risk by investing in this kind
of asset.
Meme coin trend ended ended when Elon Musk stopped tweeting about crypto. It was replaced by NFT and metaverse trends. Now it is war in Ukraine trend and started or starting economic crisis. First, I dont understand who will invest in meme coins right now, since projects with a real idea behind cant raise funds for develoment. Second, who would have spare money to invest in crypto, when most people will start to live from salary to salary.
Unfortunately it's the end for new meme coins but not the old ones that have better stronger community like doge coin and shiba inu, something still tells me that bitgert will be on the list too but others aren't doing so well lately, the hype is officially dead.
It’s like anything, you can get lucky if you invest in the right one & make huge gains. All likelihood though is you’ll pick the wrong one to invest in & lose money. If you feel like taking a risk & must invest in meme coins don’t invest more than you can afford to lose.
But all the meme coins are having a bad market as of recent, they are all bearish. Doesn’t seem like Dogecoin is recovering again, after it almost broke a record of one dollar all time high price. And this has been the only time that Dogecoin had any serious bullish trend ever since it was created by its creators who sees it as a joke and merely takes it as a serious thing.Now, we don’t know whether there will ever be another time like this again that the price will go as high as it did. SHIB hasn’t been good also as of recent. It’s no longer a trend, everybody has moved on to other new trends in the market, especially the metaverse.
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
End of the trend for sure.
People are way more cautious in investing in a bear market, and there isn't going to be the unbridled enthusiam that you see from earlier on last year.
The money has rotated out of these meme projects into actual utility projects in DeFi and NFTs, which is honestly great for crypto in the long run given that these memecoins are somewhat parasitic.
Some time still have meme coin can make you rich but keep early entry investing who get return much profit and for lately entry is not have chance can earn profit although bough at lower price and keep not guarantee with profit. Meme coin just running once time only when have been on higher price still not possibility coming twice and always shit coin just an once time popular only, when many investor have sold all assets price back dump and never take chance buy although with lower price because not become interested again, many investor will find news shit or meme coin again.
You are right, for now meme coins are a trend that are at a very low level, perhaps due to market conditions that are not very good and do not allow it to go away with that great fomo that meme coins are used to doing or giving At the time of launch, for me meme coins are a matter of opportunity, that is, the coin came out, it was bought, it was waited for it to give benefits, it was sold and that's it, for me it is not a coin that can have a good impact in the market, otherwise I see it as a great pump and dump. The way to seek to make money that many friends use is with Binance, they always do technical analysis to determine the pump and dump, not only of meme coins but of many altcoins that survive, that is why.
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
it is inevitable that many still hope that meme coin can make a surprise, because obviously a low price and litle investment will get a large amount, so if there is an increase, of course you will receive a hefty profit. everyone is doing that speculation and obviously full of risk but usually they won't hold on for long, because of the risk.SHIB, DOGE, of course, there are a lot of people who speculate there, because they hope that there will be surprises in the future even though it's not getting better right now because everything is red. Doing speculation with small funds but getting a large amount of course is very tempting too.
It’s like anything, you can get lucky if you invest in the right one & make huge gains. All likelihood though is you’ll pick the wrong one to invest in & lose money. If you feel like taking a risk & must invest in meme coins don’t invest more than you can afford to lose.
correct. In memecoin, it is highly recommended to invest with assets that you can lose, because 80% of investing in memecoin is relying on luck. after investing, you can only hope that the coin you choose will be very high. memecoin can make you rich if you choose the right coin. however, don't expect too much. there are so many memecoins created and now it's rugpull
The trend is already over for the meme coins. Although right from time people has never really taken these meme coins as serious. That’s why if you check, there haven’t really been any serious trend in the meme coins market except as of recent that they had a really huge uptrend.
The trend started with the DOGE market, the price was bullish and almost getting to $1, but later dropped and SHIB took over and started riding on that same wave, but it didn’t take long before it also crashed. There were lots of positive news on SHIB, and it getting listed on various exchanges, which includes Coinbase. Surprised it never really went that far.
The trend started with the DOGE market, the price was bullish and almost getting to $1, but later dropped and SHIB took over and started riding on that same wave, but it didn’t take long before it also crashed. There were lots of positive news on SHIB, and it getting listed on various exchanges, which includes Coinbase. Surprised it never really went that far.
It’s like anything, you can get lucky if you invest in the right one & make huge gains. All likelihood though is you’ll pick the wrong one to invest in & lose money. If you feel like taking a risk & must invest in meme coins don’t invest more than you can afford to lose.
But all the meme coins are having a bad market as of recent, they are all bearish. Doesn’t seem like Dogecoin is recovering again, after it almost broke a record of one dollar all time high price. And this has been the only time that Dogecoin had any serious bullish trend ever since it was created by its creators who sees it as a joke and merely takes it as a serious thing.Now, we don’t know whether there will ever be another time like this again that the price will go as high as it did. SHIB hasn’t been good also as of recent. It’s no longer a trend, everybody has moved on to other new trends in the market, especially the metaverse.
It’s like anything, you can get lucky if you invest in the right one & make huge gains. All likelihood though is you’ll pick the wrong one to invest in & lose money. If you feel like taking a risk & must invest in meme coins don’t invest more than you can afford to lose.
If the bitcoin price rises again, memecoins will quickly gain in value. But if the prices continue like this, I don't think memecoins will be very profitable, on the contrary, they can lose a lot of money
lol, what are you saying here? if bitcoin price rose up? what if the meme coin you invested did not comply with the movement?
I hope they are correlated, but look, we have lots of meme coins but only a few rises, so it's still a matter of choice and for sure, investors would choose the most hyp meme coins like SHIB and DOGE, however, it does not guarantee that they will rise when bitcoin rise because there might be a new craze in the market and who knows, Elon Musk influence is over that time.
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
Their heydays will soon come to an end, I don't see any meme coins making waves in the market now after the Shiba Inu hype, let's admit it many of these meme coins are just pump and dump coins with nothing to offer or any usage, early investors are just pumping and create hype on these meme coins this is to attract newbie investors, they thought that these meme coins will become another Dogecoin, because of Elon Musk's hype of Dogecoin we have a disruption in the market and many are more into the pump and dump coins.
we can't hope for the long term on meme coin. that we can use some pumps and dumps occur. we can benefit from there if we have skills.
Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?
Their heydays will soon come to an end, I don't see any meme coins making waves in the market now after the Shiba Inu hype, let's admit it many of these meme coins are just pump and dump coins with nothing to offer or any usage, early investors are just pumping and create hype on these meme coins this is to attract newbie investors, they thought that these meme coins will become another Dogecoin, because of Elon Musk's hype of Dogecoin we have a disruption in the market and many are more into the pump and dump coins.
I think the time to get rich with memecoins is over now. I don't think they will be as trendy anymore.
Don't just look at the trend instead see how meme coins move, these coins mostly being used for manipulation meaning this can be a pumping and dumping tool.
so if you come to get the timing of the pump then you will surely become richer.
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If the bitcoin price rises again, memecoins will quickly gain in value. But if the prices continue like this, I don't think memecoins will be very profitable, on the contrary, they can lose a lot of money
lol, what are you saying here? if bitcoin price rose up? what if the meme coin you invested did not comply with the movement?
Once the price of the coin meme soars, many investors sell soon after for a quick profit. Since meme coins have no real use today, it is unlikely that they will remain in place in a few years or decades. Once investors turn to a new stock or cryptocurrency, meme coins will likely see their prices plummet. While it is possible to make money by investing in meme coins, this type of investment is very risky.
I believe investors who invested earlier quickly earn their profits and quit having known the risk involved in hodling any meme coin for long term, the price of meme coins is too volatile than majority of other cryptocurrencies thus any investor who bought late at the peak will get rekt and liquidated swiftly, indeed a very risky investment for any newbie.Personally I can't invest in meme coins because their prices are usually influenced hypes and sentiments, I will rather invest in projects that doesn't have any link with meme coin
actually i don't know for sure what will happen in the future. it could be memecoin will make us rich, and vice versa it could just make us bankrupt. right now some people are being careful, but for some people still like to save memecoins and hope it will make them rich.
i personally, prefer not to invest in meme coin, although the profits will be greater but the losses will also empty my pocket.. so, i can't take that risk.
i personally, prefer not to invest in meme coin, although the profits will be greater but the losses will also empty my pocket.. so, i can't take that risk.
Most of those who invested their money in this kind of assets are risking their money.
Some maybe already have the idea about the high risk while others are just new and hoping that it will bring them huge
amount of profits.
If you are not a type of trader who can't handle the stress of seeing your money losing, best not to proceed and look for
other kind of investment, meme might not be fit to your kind of investment.
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