Topic: Memecoins Vs legit Altcoins in 2023 (Read 1124 times)
Memecoin wants to rule this year because there are lots of memecoins coming in but you should avoid these and invest in altcoins. If you invest in memecoin then the money should be kept in soup for a certain period of time because the market of memecoin is less strong. But if you invest in top altcoins you can sell anytime and get profit so always choose the best investment and time to keep your investment in profits.
Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
Memecoins have become a dominant trend in the crypto space in 2023, surpassing many projects that have whitepapers, roadmaps, and teams. According to CoinMarketCap, there are currently more than 340 memecoins in circulation, with a total trading volume of over $2 billion.
However, memecoins are also highly speculative, risky, and volatile. They have no intrinsic value or utility, and their prices are largely driven by hype and sentiment. They are also susceptible to market manipulation, scams, and regulation. Therefore, investors should be cautious and not treat memecoins as a substitute for more established and reliable cryptocurrencies.
Don't buy it and leave it, it only eats up your money, it's a trash project, even on Coingecko, of the 20k registered assets, only 5000 projects are still active, the rest are scams.
Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
They know that there are many newbie In the crypto space who don't have time to check such things, rather go for it without minding the risk invole, hoping for aasive pump, or parhaps they are ignorant and they will always fall for it. It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
I noticed that Memecoin, which is often driven by hype and social media trends. Nowadays the number of people in the online world has increased so much that the popularity of certain memecoins has increased based on online trends and social media influence. Due to the increase in social media population nowadays, some crooks are luring people. People mainly find cheap, since meme coins are cheap people are attracted there. Scammers often take advantage of this by promoting Meme Coin with false promises and hype, causing many people to lose their money. Overall, although MemeCoin may generate buzz and short-term speculation, it will basically sink everyone.Though there are some who can earn from investing with meme project, but the majorities will fail, those who come in late will suffer from
huge losses since big bag holders already cashing out their profits.
You needed to work well with your DYOR if you are planning to throw some money with this kind of investment, but if you are not willing to take the big risk, it's better to invest with good asset mostly on the top rank projects.
Already high in value and volume but with growing community and continuous progress, the chance to see rising in value still possible.
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
I noticed that Memecoin, which is often driven by hype and social media trends. Nowadays the number of people in the online world has increased so much that the popularity of certain memecoins has increased based on online trends and social media influence. Due to the increase in social media population nowadays, some crooks are luring people. People mainly find cheap, since meme coins are cheap people are attracted there. Scammers often take advantage of this by promoting Meme Coin with false promises and hype, causing many people to lose their money. Overall, although MemeCoin may generate buzz and short-term speculation, it will basically sink everyone.Though there are some who can earn from investing with meme project, but the majorities will fail, those who come in late will suffer from
huge losses since big bag holders already cashing out their profits.
You needed to work well with your DYOR if you are planning to throw some money with this kind of investment, but if you are not willing to take the big risk, it's better to invest with good asset mostly on the top rank projects.
Already high in value and volume but with growing community and continuous progress, the chance to see rising in value still possible.
The interesting thing is, memecoins have developed their own target audience, they aim to the guy who wants to "play the investor game" by buying maybe 5 or 10 bucks worth of the last memecoin and hopes to make massive profits in the pumps
Most of them just want to earn quick money through meme coins but most of them you need to gamble to see which meme coin is better for your buck, but let's be real here the chance of you getting something on meme coins on first launch is really rare nowadays and most of the new meme coins out there are just the same for scamming people and run away with their money, so stay away from that.That being said the line between memecoins and legit altcoins is a very thin one, a project may begin as a joke without a white paper or innovative characteristics, but by getting a big community behind it can find itself with more real use cases and better tech support
That's how they gather communities on memecoins, most of them know the memes and it's so easy to make them interested. I think why many memecoin projects have been launched because many people want to get rich quickly. I think one of the reasons many people buy memecoin and the memecoin project has been launched is because many people want to get rich quickly and this is like gambling. It's better for you to gamble rather than invest in memecoin. Advice from I should never invest but you don't know what you are investing in. Be a smart investor, no one gets rich quickly, everything requires a process
Everything to be achievable takes time, it's not easy on my end but I keep pushing to accumulates significant profits. Outsmart some projects because they're merely present to deceived investors and tricking them to invest in dump projects that will bring losses and regrets. Personally I create awareness of a project roadmap to my fellow colleagues that are in the space with me and provide solid information that will aides in building constructed background of knowledge in the system. Consistency is the key of milking the system, nothing good comes easy. It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
I noticed that Memecoin, which is often driven by hype and social media trends. Nowadays the number of people in the online world has increased so much that the popularity of certain memecoins has increased based on online trends and social media influence. Due to the increase in social media population nowadays, some crooks are luring people. People mainly find cheap, since meme coins are cheap people are attracted there. Scammers often take advantage of this by promoting Meme Coin with false promises and hype, causing many people to lose their money. Overall, although MemeCoin may generate buzz and short-term speculation, it will basically sink everyone.
The interesting thing is, memecoins have developed their own target audience, they aim to the guy who wants to "play the investor game" by buying maybe 5 or 10 bucks worth of the last memecoin and hopes to make massive profits in the pumps
That being said the line between memecoins and legit altcoins is a very thin one, a project may begin as a joke without a white paper or innovative characteristics, but by getting a big community behind it can find itself with more real use cases and better tech support than a project with proper development that simply fails to catch public attention and becomes nothing more than a low volume item in a few exchanges, in this sense Dogecoin, the archetypical memecoin, is among the most legit altcoins out there
That being said the line between memecoins and legit altcoins is a very thin one, a project may begin as a joke without a white paper or innovative characteristics, but by getting a big community behind it can find itself with more real use cases and better tech support than a project with proper development that simply fails to catch public attention and becomes nothing more than a low volume item in a few exchanges, in this sense Dogecoin, the archetypical memecoin, is among the most legit altcoins out there
Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
I think why many memecoin projects have been launched because many people want to get rich quickly. I think one of the reasons many people buy memecoin and the memecoin project has been launched is because many people want to get rich quickly and this is like gambling. It's better for you to gamble rather than invest in memecoin. Advice from I should never invest but you don't know what you are investing in. Be a smart investor, no one gets rich quickly, everything requires a process
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No it will not be full of memecoins, there are recently quite good projects out there but compared to the bad one is just ridiculously incomparable.
there are good projects too but meme projects are too much among those. Such thing is happening cause scammers finally understand that, people prefer meme projects more than others cause people can earn more money through meme project even early adoption of memecoin could make their capital raise up multiple time within short time period. So people don't care much about copycat or fake generated contain based memecoin but show their inter for holding No it will not be full of memecoins, there are recently quite good projects out there but compared to the bad one is just ridiculously incomparable.
meme coin is not a place to fully invest, I think we only rely on luck in investing, therefore it is very necessary to be careful, Therefore, self-control to think healthily is very necessary, namely by paying attention to good money management
do you know any memecoin that got successful in this year 2023, except pepe? If you ask me, i don't know although i saw large number of memecoin already launched in this year. Which means your investment will be lost with memecoins or somehow you just need to be super lucky to invest on a successful memecoin. People actually want huge profit within little tomey period and so they choice memecoin as a way but at the end, they loss more than gain. Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
Once certain thing went viral, every projects will try to copy-cat and make the same thing like the viral projects one so people would definitely to try their luck to invest on new projects. Although in this case especially memecoins, most of memecoins project out there are just pure garbage and not worth to look at. It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
No it will not be full of memecoins, there are recently quite good projects out there but compared to the bad one is just ridiculously incomparable.
I agree, there are really a lot of memcoins out there right now and they attract a lot of money quickly while having no stability because of which people can lose money instantly. I would prefer stable projects that have proven themselves, like TFS token or the first 50 tokens on the market
true. Even bedsides most of People want to make profit, sooner or later. People invest bnb, eth, btc only for profit, which is slow process as those altcoins won't pump dump randomly but meme coins does! Thats why people invest in memecoins and so memecoins are kind of trding coin now but I don't know why people take so much risk by selecting memecoin cause most of those were/are dumped and dead most of the time
It's like a gambling coin
100000% agree like the other coin if you become early adoption of memecoin you will feel the craziness of memecoin that could pump the price of a thousand percent in a matter of day and sometimes the dev gives you staking services with annual of 100%+ APY to tempt new user to join the ecosystem.
Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?
The meme coins will increase post BTC halving. I am with some like $X $KEYS and $WSM via Bitget Swap
thats greed when people want to flip their money into million of dollars they don't have the logic to think whether they truly gonna make it instead of losing their money
correct! There is not an issue if anyone aim/dream to earn huge money but the process of investing memecoins they choice, is wrong path to archive their goal. It is wrong to jump on memecoin investment when almost all memecoin turn into dust with short time. Hype is temporary but scam is kind of mandatory thing for memecoins and investor loss money most of the time cause a memecoin never get successful. Some may available in crypto industry but those are rare example. thats greed when people want to flip their money into million of dollars they don't have the logic to think whether they truly gonna make it instead of losing their money
correct! There is not an issue if anyone aim/dream to earn huge money but the process of investing memecoins they choice, is wrong path to archive their goal. It is wrong to jump on memecoin investment when almost all memecoin turn into dust with short time. Hype is temporary but scam is kind of mandatory thing for memecoins and investor loss money most of the time cause a memecoin never get successful. Some may available in crypto industry but those are rare example. To the above we can add the rather low cost of meme coins/tokens in relation to “classic” altcoins. A very clear example of dishonest behavior by a meme coin developer is the example of PEPE. There is an opinion that the PEPE developer artificially influences the coin rate by buying or selling large volumes of tokens through dummies. Just yesterday, one of the users purchased PEPE in the amount of 390 ETH and several other users bought over a trillion PEPE.
Yep, Pepe dipping all day, no damn good news at all. No sign of mooning.
I'm glad. I dumped it long ago, and I moved on to better things.
But they are trying to pump back up so the dev can Dump the rest of their tokens. People like this make me sick.
Nothing good comes out of whatever money we got from this.
The dead project, shitcoin, pump, and dump. cashed out the pepe now.
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