Most of them are pump & dump schemes where the devs & VC’s at startup/mint/premine end up making a lot of money, often at the expense of others when they rug pull.
You can make a lot of money with them but mostly only if you get in early. Unfortunately most people are laggards & only buy once a viral, social media craze starts. By that point it’s usually too late.
Just be careful out there.
Topic: 🚀 Memecoins Unleashed: Exploring the Evolution and Substance in the Industry (Read 59 times)
May 18, 2023, 05:33:07 AM
May 18, 2023, 02:02:43 AM
After you've read it, let's hear your hot takes. Do memecoins have a place in the crypto world? Do they just talk big or can they really make a difference in the industry? Share your thoughts and let's get this discussion going!
Dogecoin for instance was created as a joke, so the probability is there that there was no intention for it to go beyond a short period and all to cash in on the hype at that time, but now that dogecoin has gained popularity investors are now rushing into it by starting large amount to benefit from the joke if it got sold out.
But Ultimately meme coins are just gambled and for short-term speculations, since there is no mechanism to propel further development or an ecosystem where their fit in.
May 18, 2023, 12:58:37 AM
📢 Hey Bitcointalk fam!
Here's the deal. It's time to move beyond catchy names and meme-worthy mascots. This article raises some legit questions about the long-term sustainability of memecoins. Are they just a flash in the pan or do they have some real-world substance?
If you're curious like me, check out this article:
📚 "From DOGE to PEPE: The evolution of memecoins and the search for substance in the crypto industry"
🔗 https://cointelegraph.com/news/from-doge-to-pepe-the-evolution-of-memecoins-and-the-search-for-substance-in-the-crypto-industry
After you've read it, let's hear your hot takes. Do memecoins have a place in the crypto world? Do they just talk big or can they really make a difference in the industry? Share your thoughts and let's get this discussion going!
Here's the deal. It's time to move beyond catchy names and meme-worthy mascots. This article raises some legit questions about the long-term sustainability of memecoins. Are they just a flash in the pan or do they have some real-world substance?
If you're curious like me, check out this article:
📚 "From DOGE to PEPE: The evolution of memecoins and the search for substance in the crypto industry"
🔗 https://cointelegraph.com/news/from-doge-to-pepe-the-evolution-of-memecoins-and-the-search-for-substance-in-the-crypto-industry
After you've read it, let's hear your hot takes. Do memecoins have a place in the crypto world? Do they just talk big or can they really make a difference in the industry? Share your thoughts and let's get this discussion going!
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