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Topic: memecoin with a whitepaper (Read 298 times)

hero member
Activity: 2170
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July 12, 2024, 10:21:54 PM
#23
Well, since the coin is categorized as a memecoin, then I think it doesn't matter whether the coin has a whitepaper or not, in fact it is a meme coin. Many people try to make the memecoins they believe in look like coins that actually have benefits. However, in reality there are many factors that make this coin have a big risk, especially the foundation of the coin which is designated as a meme coin. It is very difficult to encourage this coin to remain a long-term investment coin, because it is likely that people will take advantage of the high volatility level of the coin, then sell it.
hero member
Activity: 952
Merit: 552
July 12, 2024, 04:38:37 PM
#22
Every meme coin that appears is purely a meme token without whitepaper. There are many other coins that run without whitepaper in the crypto space. If a meme coin is serious then it will develop a certainty that it has a future goal to increase that coin. Let's take a look at some of the popular meme coins that have made developments in several ways so that they continue to grow so that they can gather lots of investors in them.

I think we know what we are doing in this space. Meme coins means fun which was done by Doge and didn't even trended well not until the likes of Elon used it for its own gains and other people start the trend which is now the usual place for Solana. Anybody creating Whitepaper for meme coins are just trying to impress the investors to buy since people say meme coins are for fun and lack product, maybe that will impress investors that the team are serious but that's all fake impressions, meme will remain a meme.

Meme coins are not security that security exchange commission will run after, if the team is that serious with launching a project, maybe they should remove the initial mindset as meme into new token the way some other altcoins are doing but I doubt if they are going to do that because of the pump and dump involved, good projects don't get enough attention these days.
jr. member
Activity: 408
Merit: 3
July 11, 2024, 03:42:18 AM
#21
Every project has it own motive been created by the team and has already written on whitepepper which does not guarantee of the successful, what meme Coin really need is community support and team hard working towards the goal of the road map as stated on the whitepepper. Therefore, is good to make a research before investing in any meme Coin, as of floki Coin is a good one have to invest on, because, it has a future potential in the cryptocurrency market
member
Activity: 280
Merit: 22
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July 10, 2024, 04:42:02 AM
#20
Whitepaper doesn’t change the fact that meme coin has no utility no matter what sweet words they put in their whitepaper. There’s technical aspect for this type of token since it’s main purpose is meme only.

Meme coin is not a utility coin that has real use. A one pager website is only what it needs to showcase what is the meme coin all about regardless of the meme coin you are describing including $Rosa.

So, whitepaper will not boost valuation of meme coin. I think private investors is one good method to determine meme coin with potential.

From what I think the whitepaper brings a new perspective to the world of meme coins which always impresses investors so that they are more interested in it so that they can make more money from it and even that all happens there needs to be effort for its development in entering the market requires decent skills but I considering it as luck to do all that requires broader thinking to achieve this.
full member
Activity: 308
Merit: 142
July 09, 2024, 05:39:25 PM
#19
There are so many memeconis with whitepaper just that you haven't come across them all these why. Just so you know, having a whitepaper doesn't guarantee the success or how legit the project is. A whitepaper can be plagiarised from another project to fake it and it won't take more than 30 minutes until it is fully ready. And that is one of the main reasons i do not advice people to invest in Altcoins in general because what the say in their whitepaper might be the opposite of what they will do. And it is easy to fake things by making it look real.
hero member
Activity: 2268
Merit: 588
You own the pen
July 09, 2024, 10:19:23 AM
#18
Since they have nothing to prove at this point because of lack of budget, they don't really need it rather all they need to do is to create hype like any other Memecoins to make some noise and to get the attention of some investors.

After that, if they become successful doing it, they will follow it up with promising whitepaper and roadmaps to strengthen the hope of their investors.

Therefore, while the investors are like gambling with their money to invest in these Memecoins, the Devs are also the same but mostly they're the one gets the profit. Because when they don't reach their goal on their sales they will just simply stop the development and leave their investors with false promises leaving them behind just like what happened to most of the Memecoins that have become shitcoins so far.
copper member
Activity: 2800
Merit: 1179
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July 09, 2024, 10:11:46 AM
#17
Whitepaper doesn’t change the fact that meme coin has no utility no matter what sweet words they put in their whitepaper. There’s technical aspect for this type of token since it’s main purpose is meme only.

Meme coin is not a utility coin that has real use. A one pager website is only what it needs to showcase what is the meme coin all about regardless of the meme coin you are describing including $Rosa.

So, whitepaper will not boost valuation of meme coin. I think private investors is one good method to determine meme coin with potential.
copper member
Activity: 252
Merit: 4
July 09, 2024, 10:04:38 AM
#16
I've been investing in various memecoins, rarely seeing any with a decent whitepaper. Most seem similar, except Floki with its utilities. I prefer coins like Floki - multichain or with a good whitepaper.
They are imitations of existing meme coins, so their model is very similar to other memes, so they don't bother to create a whitepaper.

A whitepaper is in deep research for supporters to understand the project fully, so since they are just an imitation, they can exist without, and investors will just invest because they are relying on hype brought about by the hype on memes.

Calling meme coin buying as an investment looks like very wrong statement, I better call it as the form of gambling with hope to earn huge PnL!
sr. member
Activity: 2030
Merit: 269
July 09, 2024, 08:33:37 AM
#15
I've been investing in various memecoins, rarely seeing any with a decent whitepaper. Most seem similar, except Floki with its utilities. I prefer coins like Floki - multichain or with a good whitepaper.
They are imitations of existing meme coins, so their model is very similar to other memes, so they don't bother to create a whitepaper.

A whitepaper is in deep research for supporters to understand the project fully, so since they are just an imitation, they can exist without, and investors will just invest because they are relying on hype brought about by the hype on memes.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
July 08, 2024, 01:35:43 AM
#14
Haha, I can see you don't really trust any of these memecoins apart from Doge. Well, you have a point. But I think for now, I'm planning to take profits and not hold forever. Then I can buy again. I'm saying this because I've been seeing a lot of memecoin investors with huge profits, while I'm making little to none with my holdings.
It is up to you how to proceed, if you can succeed on getting in an out of meme coins before they collapse and earn profits while doing so, then you should keep doing this, as who can resist making money that easily and with such little effort?

However, the reason we often do not recommend for anyone to do this is that the majority of traders try to do this and fail, and that is when they begin to wonder if it would not have been better for them to just buy some good coins and hold them, but by the time they make this realization, it is too late to do anything about it.
jr. member
Activity: 366
Merit: 1
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July 05, 2024, 05:17:59 AM
#13
Any project can have a good whitepaper, and with meme tokens you can see most of those projects trying to impress the investors so they can get more money from them. I don't see Meme tokens as an investment and seriously, it's more of a gambling to me because you are taking this by luck and no guarantee of making profit. I'm still asking myself for the real purpose of a meme token and how the market can utilize it, unfortunately I can't think any reason for this.

with an optimal whitepaper supporting community providing document solutions presented by the best cryptocurrency startups as well as points with in-depth explanations of the topic and it is very helpful, and of course all developers also have almost the same goals, and I have also invested in various memecoins that is The only thing is that when you are lucky enough to get a cheap price there are always risks you will face.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
July 03, 2024, 06:30:41 PM
#12
I've been investing in various memecoins, rarely seeing any with a decent whitepaper. Most seem similar, except Floki with its utilities. I prefer coins like Floki - multichain or with a good whitepaper. I've seen $WIF, $MEW & $ROSA. ROSA seems multichain but least popular.

What's your thought on $ROSA compared to others.
And is there any other CEX listing it apart from Bitci?

You won't because most of them are useless coins.  And even then all you need is somebody with some sharp skills and imagination to develop a nice looking white paper.  No memecoin maybe besides dogecoin because it has first mover status will last all that long.  Yes you can make money because of the greed pumps but in the end they will all fall to the same price...$0
Haha, I can see you don't really trust any of these memecoins apart from Doge. Well, you have a point. But I think for now, I'm planning to take profits and not hold forever. Then I can buy again. I'm saying this because I've been seeing a lot of memecoin investors with huge profits, while I'm making little to none with my holdings.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
July 03, 2024, 08:41:33 AM
#11
That's only normal OP, since they are only just a meme coins anyway and even if let say they have it, there is still a chance that many people won't treat them seriously, so they are only wasting their time there and money, if they are hiring someone to create and design it for them.

The reason may be on why ROSA is not popular is because they lack in budget to market themselves but even if they do, I think they will still have a hard time of convincing the people to join them because their utility have already existed on other meme coins. You know, most people here in the crypto space, doesn't like copy cats but they always seek for a project that is unique.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
June 28, 2024, 06:09:41 AM
#10
For me memecoin is memecoin and has nothing different with the other, heck there are dozen of memecoin that has whitepaper. Memecoin become a big memecoin because its community support it. The whitepaper might said that allcoin will be an liquidity and burn forever and thats it.

Personally I never know about this rosa coin. But if the dev and community is active then why not to buy it but always dyor
sr. member
Activity: 2422
Merit: 357
June 28, 2024, 03:33:02 AM
#9
I've been investing in various memecoins, rarely seeing any with a decent whitepaper. Most seem similar, except Floki with its utilities. I prefer coins like Floki - multichain or with a good whitepaper. I've seen $WIF, $MEW & $ROSA. ROSA seems multichain but least popular.

What's your thought on $ROSA compared to others.
And is there any other CEX listing it apart from Bitci?
Any project can have a good whitepaper, and with meme tokens you can see most of those projects trying to impress the investors so they can get more money from them. I don't see Meme tokens as an investment and seriously, it's more of a gambling to me because you are taking this by luck and no guarantee of making profit. I'm still asking myself for the real purpose of a meme token and how the market can utilize it, unfortunately I can't think any reason for this.
legendary
Activity: 3752
Merit: 1415
June 27, 2024, 06:08:40 PM
#8
I've been investing in various memecoins, rarely seeing any with a decent whitepaper. Most seem similar, except Floki with its utilities. I prefer coins like Floki - multichain or with a good whitepaper. I've seen $WIF, $MEW & $ROSA. ROSA seems multichain but least popular.

What's your thought on $ROSA compared to others.
And is there any other CEX listing it apart from Bitci?

You won't because most of them are useless coins.  And even then all you need is somebody with some sharp skills and imagination to develop a nice looking white paper.  No memecoin maybe besides dogecoin because it has first mover status will last all that long.  Yes you can make money because of the greed pumps but in the end they will all fall to the same price...$0
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
June 27, 2024, 12:02:42 AM
#7
I've been investing in various memecoins, rarely seeing any with a decent whitepaper. Most seem similar, except Floki with its utilities. I prefer coins like Floki - multichain or with a good whitepaper. I've seen $WIF, $MEW & $ROSA. ROSA seems multichain but least popular.

What's your thought on $ROSA compared to others.
And is there any other CEX listing it apart from Bitci?
And what were you expecting out of the white paper of a meme coin? When the reason to be of a meme coin can be stated in just a few sentences, and it is a given all the developers also have pretty much the same goals as well.

Besides even if you were to find a great white paper, it should not matter at all, as I remember reading some really incredible white papers during the ico era, and all of those coins collapsed just like every other coin that had a disappointing white paper.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
June 26, 2024, 11:58:15 PM
#6
The point of a memecoin is that you're buying that — a meme. If it has a serious whitepaper with specifications and use-cases and such, is it really a memecoin? As with Shiba Inu and BONK, they started as purely a memecoin but then implemented serious stuff after a while.
legendary
Activity: 2576
Merit: 1043
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June 26, 2024, 10:49:08 PM
#5
~
What's your thought on $ROSA compared to others.
And is there any other CEX listing it apart from Bitci?
Another way of promoting a project indirectly. Nothing uncommon since many newbie-ranked accounts are doing it in the past as well.

Anyway, I will not try to spend some time doing some research on a meme coin because that will make my time useless. I'm sorry for the new meme coins, but I'll only invest in DOGE when it comes to meme coins. Will my perspective change? Probably, but not too soon. As for meme coins with whitepaper, I don't care about whitepapers anymore because at the end of the day, these might've been duplicated, or they might have a very good whitepaper, but will end up as a scam.

Overall, I will not touch the project nor making research. I'll just say good luck with the project, I guess. Smiley
hero member
Activity: 3066
Merit: 536
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June 26, 2024, 10:09:03 PM
#4
The reason why meme coin mostly have similar whitepaper because there's nothing really to elaborate, its called meme token for a reason  Grin

from my observation the thing about $ROSA is that the market cap of the coin itself doesn't justify the liquidity thats available literally 7 million dollar volume for a market cap of $650 million not to mention the exchange isn't really popular.

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