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Topic: Meme coins still makes you rich or end of trend? - page 6. (Read 991 times)

sr. member
Activity: 1722
Merit: 309
Leading Crypto Sports Betting & Casino Platform
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?
Holding some cryptocurrencies even if it's a memecoin like DOGE and SHIB. Still it can make you rich if you could eventually flip it wisely and your timing is indeed good when whales decides to pump and dump it again. While it can make you rich fast, it can also makes you lose your funds fast because of the whales schemes, and that's the hard part of it which makes it extreme volatile and riskier. About the hype and trend? It's to soon to decide if the trend already ended knowing that we know one famous whale who manipulates market for fun according to his wants. I bet you know who he is.
hero member
Activity: 1932
Merit: 504
I still see some memecoin or worthless projects that pumps more than 100% and I can say that it still can make you rich if you manage to find one on the market or go along with the pump I don't think this will be the end of the trend since as you can see whenever there are some trending topics a memecoin from that topic will come and would be a hit.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
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so holding meme coins still make you rich or soon it'll be end of meme trend?
I think its pretty obvious that it's over already.
Those meme coins who just entered because of hype are the ones who are dead right now. Well, there is DOGE who has been there for a long time and there is this SHIB who is the newcomer at the top 100.

The meme trend if over but it doesn't mean that it will not make you rich. There is still a possibility that you can get money from them but not as easy as it is when the trend started. Since price of these coins are still moving, you can still trade some of the meme coins but do it with your own risk because most of the meme coins doesn't have any volume at exchanges at all.
sr. member
Activity: 2016
Merit: 281
Seabet.io | Crypto-Casino
Currently the hype trend for meme coins has faded and moreover the price of bitcoin is also experiencing a significant decline so that many meme coins on the market have to lose price and are powerless, in my opinion, only two meme coins will survive, namely Doge and Shib because both coins it now has such a large community that it will help keep the prices of the two meme coins going.
full member
Activity: 1022
Merit: 100
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?

Having a lot of memecoins can be said to be a fortune if in the future it has a good price, but there is also the opposite, namely the memecoin is removed from the exchange and trading. for now not all memecoins can make you rich, but at least you have them in your wallet.
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
You don't need to stay away from meme coins just makes sure you know how to identify the good ones among the rest before investing money, some meme coins are good and some have play to earn games integrated, some even have doxxed team so use the money you can afford to lose and take profits when available
hero member
Activity: 2170
Merit: 530
Not just memecoin, All cryptocurrency are quite difficult to analyze price changes. Price fluctuations are a big enough obstacle to analyze properly. MemeCoin has no real value and purpose. The memecoin hype is always related to issues circulating from Influencer, like what Elon Musk did to Shiba a while back. Meme Coin tends to be abandoned after a trader makes a profit, after that traders will look for other coins to secure their assets.

You're absolutely right mate all crypto tokens are quite difficult to analyze and not just meme coin, the volatility of the market is still the main concern of all of us. The only thing that a meme coin differs from other token is that it has no real use cases that may support the token to still have a value until the following years. Though it is undeniable that hype does give value to a meme coin like what Elon Musk did to doge and Shiba but once the hype just passed by I don't think if it will still have value. The main point here is that we don't know if meme coin is still a good catch after the trend.
member
Activity: 644
Merit: 10
I think coin memes still have good potential to grow, we can see in the market that the meme coin transaction volume is still higher than the old coin transactions, but I recommend being careful and never buying meme coins before doing detailed research.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
Yes, that's right, it's hard to analyze the price changes of meme coins because they are so volatile and their price and popularity are largely related to their relationships with social media influencers, they are useless and have no real purpose and most of them have been created as a means of making quick profit only so I wouldn't advise anyone to invest in like these hype coins.
Not just memecoin, All cryptocurrency are quite difficult to analyze price changes. Price fluctuations are a big enough obstacle to analyze properly. MemeCoin has no real value and purpose. The memecoin hype is always related to issues circulating from Influencer, like what Elon Musk did to Shiba a while back. Meme Coin tends to be abandoned after a trader makes a profit, after that traders will look for other coins to secure their assets.
sr. member
Activity: 1876
Merit: 318
I prefer to avoid it. The meme trend is tantalizing but the risks are comparable. I've seen many of my friends lose their wealth instead of becoming rich because of the meme coin trend. I just felt the dogecoin trend and took a little profit.

I like your decision to avoid investing in meme coins, because the risk of investing in meme coins is very high. Because more people suffer losses
when investing in meme coins than people who make profits from meme coins. For me all coins can make us rich, including meme coins can also
make us rich. But the problem is that we must be able to analyze the movement of meme coins correctly, then buy and sell meme coins at
the right time. But the fact is that meme coins often go up suddenly and after going up they go down very quickly. So we must often monitor
the market, in order to be able to sell meme coins before the price drops. For people who are busy and do not have good analytical skills,
then they should avoid investing in meme coins and choose only top coins which are definitely safer for investment.
full member
Activity: 378
Merit: 167
betfury
maybe yes, maybe not.
Meme coin has been around since time immemorial, getting rich or losing is a cause. When you get used to it like someone buys anything you know about the law of reciprocity.
do you already have a meme coin or are you researching to have one? Elon Musk is indeed one of the most influential whales out there. Are you sure? just follow the flow.!
sr. member
Activity: 2106
Merit: 282
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
I prefer to avoid it. The meme trend is tantalizing but the risks are comparable. I've seen many of my friends lose their wealth instead of becoming rich because of the meme coin trend. I just felt the dogecoin trend and took a little profit.
sr. member
Activity: 1540
Merit: 276
Since there has been a sharp decline in bitcoin and altcoins at this time, we are hesitant in choosing memekoin at this time, because memekoin is more risky when compared to other potential coins although for now shiba inu is in the discussion of the warmest topic at this time because many predict the memekoin will match dogecoin but for now there are no big signs that occur so we are less with the coin, Although there was an increase some time ago but now memecoin is back down dratis.
legendary
Activity: 3640
Merit: 1407
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?

This is definately the end cash out now.  There is no need or utility of coins based on memes.  They are all cash grabs and the cycle has run its course.  Look at doge.  Peaked at 1200 sats and has already fallen into the 300s.  They will slide under 100 and the rest will probably fade into oblivioun as people are left holding untraceable bags of garbage.
legendary
Activity: 1680
Merit: 1343
meme coin is just a hype phenomenon full of manipulation, so it takes a lot of luck to get rich and profitable from meme coins.  don't expect you to be able to analyze price changes on meme coins because it's useless..
Yes, that's right, it's hard to analyze the price changes of meme coins because they are so volatile and their price and popularity are largely related to their relationships with social media influencers, they are useless and have no real purpose and most of them have been created as a means of making quick profit only so I wouldn't advise anyone to invest in like these hype coins.
hero member
Activity: 1582
Merit: 758
Meme coins have great potential, in terms of profit, by using the correct strategy, and considering luck as a huge factor too. Due to their hype, it drives an upward trend, which could potentially lead to exceptionally high returns. However, the risk involved with such meme tokens/coins is great, since they are not based on anything whatsoever. Their trend is now dying down, Doge and Shiba aren't been fuelled anymore, however, I wouldn't be surprised if they explode once again, in the distant future.

If I were in your shoes, I'd rather not invest in something that's basically pump and dump, based on memes and copycats of the already joke coin, Doge, despite their high yields, if successful.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
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?
Memecoin trend already ended if you ask me, most especially for the useless ones, there are still some memecoins out there that are shifting from being a meme coin to becoming a good project with good utility for its tokens, this kind or type of meme coins are likely to survive in a longer term, but for ones that are just built to take advantage of the meme coin trend, I personally think their end have come because the meme coin trend is dying out fast and soon, the term "meme coin" will become history.
full member
Activity: 1001
Merit: 100
SOL.BIOKRIPT.COM
I think the meme coin trend has ended, where almost all memecoins have decreased drastically making it difficult to grow again, for example DOGE and SHIB, even though there are many crypto users who have profited from the memecoin, but the coin cannot be used as an investment long-term. I myself really doubt that doge and shib will be able to survive in crypto.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
meme coin is just a hype phenomenon full of manipulation, so it takes a lot of luck to get rich and profitable from meme coins.  don't expect you to be able to analyze price changes on meme coins because it's useless..
The majority of the cryptocurrency space run on the basis of hype and do we need to complain about that. Majority of the projects does not have any use case and they are rallying simply because they are run by big funds backing their project and their vision is to make money and some of the project are doing that wonderfully, so why accuse meme coins as just hype.  Tongue Cheesy

Anyone who invested in Doge last year would have made a fortune, that is the ultimate aim of some of these projects Wink.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
meme coin is just a hype phenomenon full of manipulation, so it takes a lot of luck to get rich and profitable from meme coins.  don't expect you to be able to analyze price changes on meme coins because it's useless..
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