Topic: My observation on memecoins seeking legitimacy. Cool or not cool? (Read 238 times)
Meme coins create hype in the market and tend to scams. Meme Coin is a cryptocurrency based on online jokes. They are prone to massive volatility and rarely offer any real reason to prefer them over less lightweight crypto names. These harmless cryptocurrencies can add some fun to your digital investments, but they are also risky. This is why investors should carefully look for the legitimacy of meme coins.
March 16, 2024, 06:42:53 AM
Will their utility moves work or will they always be tainted as lucky jokes?
They're lucky jokes and that's why they're called memes. That's why many of the investors looking forward to invest for their actual utility and that is to get traded in the market.One thing' I know for sure, the memecoin realm is getting weird.
Definitely weird because we used to think that most of them wouldn't have any value at all. But the weird fact is that many investors are looking into them and they're making some great gains that we can't imagine. Usually, the devs of theirs are the ones making such money. 
March 16, 2024, 06:40:02 AM
Memecoins are called memecoins because they were made out of jokes from the internet. Was there any specific requirement that states that a coin should be worthless and completely derived of from a meme in order to be considered as a memecoin?
Because to me, memecoins are coins that were inspired from memes but does not necessarily have to be worthless and functionless. I personally think this era of memecoins adapting to what the investors need is a good idea. They are generating a coin out of memes to get popularity but at the same time actually has utility.
Because to me, memecoins are coins that were inspired from memes but does not necessarily have to be worthless and functionless. I personally think this era of memecoins adapting to what the investors need is a good idea. They are generating a coin out of memes to get popularity but at the same time actually has utility.
March 16, 2024, 06:36:01 AM
Yo all, did y'all catch how these joke crypto projects are trying to become legit? I'm talking OGs like Dogecoin, Shiba Inu, Floki and even this new player Alita.
These coins used to just be silly memes capitalizing on trends. But now they're working overtime to add actual use cases to their offerings. It's a total role reversal. Kinda cool though, don't you think?
Shiba started as a "Dogecoin Killer" but now they've built a whole DeFi ecosystem called Shibaswap and want retailers accepting Shiba. Talk about pivoting.
Floki Inu was all about the Elon's dog meme energy. But their roadmap is to build a metaverse platform for marketing and gaming. From dog jokes to meta utilities, damn.
Then you got Alita giving full cyberpunk anime robot vibes, ultra memeable. But get this - they're trying to launch a cross-chain DEX called AlitaSwap with an integrated AI crypto analysis assistant and even partnering with some good platforms. https://twitter.com/TemuFund/status/1767138794342699356?t=2Qu-pftT0_1gNzAETe0oVg&s=19
A meme coin getting that sophisticated is wild.
At this point, I don't even know what to think. Meme coins out here stopping the memeing and seeking real legitimacy. Will their utility moves work or will they always be tainted as lucky jokes? One thing' I know for sure, the memecoin realm is getting weird.
Gone are those days everyone thinks less of Memecoins, well personally I use to feel same way when Elon musk was shilling he’s. But I can tell you that a couple of them has really made me some good money. One thing I like about Memecoins is that with as low as even $10 you could still get a significant return of profit, everyone doesn’t have to invest in Memecoins cos of the risk involved. Same way but all successful traders got their dough💵 through buying just $BTC yeah.. A lot of exchanges now glorifies Memecoins and add a couple of events which I’ve seen on kucoin , bitget etc. I’m buying more of solana Memecoins like $Brett $wen & newly listed $bome which just recently got listed on bitget exchange and also binance is listing, these memes are going parabolic now These coins used to just be silly memes capitalizing on trends. But now they're working overtime to add actual use cases to their offerings. It's a total role reversal. Kinda cool though, don't you think?
Shiba started as a "Dogecoin Killer" but now they've built a whole DeFi ecosystem called Shibaswap and want retailers accepting Shiba. Talk about pivoting.
Floki Inu was all about the Elon's dog meme energy. But their roadmap is to build a metaverse platform for marketing and gaming. From dog jokes to meta utilities, damn.
Then you got Alita giving full cyberpunk anime robot vibes, ultra memeable. But get this - they're trying to launch a cross-chain DEX called AlitaSwap with an integrated AI crypto analysis assistant and even partnering with some good platforms. https://twitter.com/TemuFund/status/1767138794342699356?t=2Qu-pftT0_1gNzAETe0oVg&s=19
A meme coin getting that sophisticated is wild.
At this point, I don't even know what to think. Meme coins out here stopping the memeing and seeking real legitimacy. Will their utility moves work or will they always be tainted as lucky jokes? One thing' I know for sure, the memecoin realm is getting weird.
March 15, 2024, 03:43:38 PM
Most of the meme coins were like a ponzi but as the market is maturing so did the investors. So for being a meme coin is not enough these days and we are seeing legitimate meme projects are trying to be more than just a meme project. Not sure if that will be enough or not, but its working as many investors are joining the meme industry which leads to the total marketcap of meme coins to be above 63B which is more than the total marketcap of AI coins. The industry is evolving, and the meme project is as well. Let's see where it leads to the meme craze.
Your comment seems to be realistic. Memes are introducing burns now, making sure they evolve from the tag to something good. I think OP is right. Might be a long process but some memecoins imo are turning the corner. I just saw a post of GEC Burning almost a $1M. now that's an effort worth commending. I'll check Bitget memezone if it's trading there and prolly observe before taking a position....
March 15, 2024, 07:37:25 AM
At this point, I don't even know what to think. Meme coins out here stopping the memeing and seeking real legitimacy. Will their utility moves work or will they always be tainted as lucky jokes? One thing' I know for sure, the memecoin realm is getting weird.
Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.
Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.
Some of them just create a fictitious stories about seeking legitimacy since this is not happening on a coins which is usually been abuse by scammers to take advantage on the hype. Much better for people is to stop thinking about far beyond what they are seeing since for not its not possible to happen. Those scam meme coin are just updating there methods so people should not make anything of it as a basis to call them legitimate since meme coin as you said is like a ponzi schemes which needed to avoid.
They should not join on the hype and bag hold any meme coin since there's big risk for them to lose their money if they believe on any stories like it will go up for more and became one of the best token exist since this provably not gonna happen with those shitcoins.
March 15, 2024, 07:24:27 AM
I believe that if these meme coins you mentioned were to have utilities, they would no longer be considered mere meme coins because a meme coin typically lacks a real use case or utility; they are just for fans, a joke coin. If they were to be given use cases, it would imply that they are no longer just for amusement because they have transitioned from being a joke to something serious.
I think that the name memecoins have underscored any meaningful innovations that any of the meme teams will want to add to their values, and who can blame investors that has this mindsets towards the meme family, when most of them operates more like Ponzi schemes. Most of the new memes are scams, they'll come with hypes, give early investors mouth watering ROI then scam the latter investors, this is why I'm most skeptical about them. Although top memes like dogecoin and Shiba Inu, are trying to change the narrative of memecoins, but they can only impact their own tokens and not the bunch.
March 15, 2024, 05:47:48 AM
I believe that if these meme coins you mentioned were to have utilities, they would no longer be considered mere meme coins because a meme coin typically lacks a real use case or utility; they are just for fans, a joke coin. If they were to be given use cases, it would imply that they are no longer just for amusement because they have transitioned from being a joke to something serious.
March 15, 2024, 05:23:43 AM
Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.
Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.
Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.
March 15, 2024, 05:11:39 AM
Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.
Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.
Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.
Well I don't agree with you on this. Shiba, FLOKI, they're not just memecoins.. and I'm finding alita to be in the same vein hence this post. It's an all encompassing ecosystem that supports a variety of DEFI products judging by what's on their web.
It'll be really cool to see how much it grows once more people join. I think the situation might be similar to the case of Peng Memecoin that got listed. Surprisingly, it has gone up to $1, haha.
Thanks for this. I think from the link you sent, PENG Is trading over $1 and I saw other memes like BOME on their memezone same on Solana ecosystem. Seems paying attention to their ecosystem will pay off in the long run..
March 15, 2024, 05:09:19 AM
This is very good news for people holding these meme coins I think. Look projects after getting down profits will definitely try to invest those profits in developing their projects and increase the use case. If they do that then they can pull themselves out of the meme coins category and it'll be very good for the holders of their coins.
When the use case of the projects increases they get hype and increase in market demand. Once they get hype they will be noticed by different investors and brokers. People will start to invest in them and they'll give better profits than others because a growing project is always more profitable than a well grown project if you have the right strategy to invest.
When the use case of the projects increases they get hype and increase in market demand. Once they get hype they will be noticed by different investors and brokers. People will start to invest in them and they'll give better profits than others because a growing project is always more profitable than a well grown project if you have the right strategy to invest.
March 14, 2024, 10:56:08 PM
Meme coins are ways to express emotional and cultural values. While some meme coins have utility attached to it, most meme coins have no utility function. In my opinion, meme coin's reputation increases with time. Doge coin is a typical example. Currently, Doge coin and Shiba Inu, have stude the test of time by maintaining the first page of the Coinmarket. Becuse most meme coins are simply built by the owners to make money due to hype or rug pull, meme coins legitimacy have a lot to do with how long it has been in the market as well as the support it has gained form its community and the team behind the project/coin. Support form influencers may also play an important part in making the coin gain acceptance and reputation. IMO, I will prefer to hold meme coin, like Doge coin, that have stood the test of time rather than new ones.
March 14, 2024, 02:07:06 PM
It's just the risk bro, we are just keeping the risk lightly with their sudden improvement and that of course required some further investigations on whether they last longer or not because we all know that lots of their competitors have already given up and lost hope since they cannot get any more support from investors due to the lack of development and real-time updates according to their roadmaps, these meme projects on the other hand are making some noise. However, the high risk of investing in such projects is still there. We might gonna see some huge changes in the future since they now want to be recognized as legitimate coins to invest in and offer some innovative technologies for the future as well.
March 14, 2024, 01:46:26 PM
Most of the meme coins were like a ponzi but as the market is maturing so did the investors. So for being a meme coin is not enough these days and we are seeing legitimate meme projects are trying to be more than just a meme project. Not sure if that will be enough or not, but its working as many investors are joining the meme industry which leads to the total marketcap of meme coins to be above 63B which is more than the total marketcap of AI coins. The industry is evolving, and the meme project is as well. Let's see where it leads to the meme craze.
March 14, 2024, 01:43:33 PM
What do you should know I that, memecoins are pour Ponzi like and for that at some point those flaw influence will show and this is when you see the trend of them moving towards Ponzi since Their like any basic form of ecosystem that can provide them liquidity to support their market.
This is the mail n reason why I always advice investors to only take meme coins as just short term speculative assets which are subject to pump and dump at anytime, many times we have realised this and have settled with the reality because if you risk your investment on memecoins for lunch ng term you will be supprised at what becomes your reality in the future.
This is the mail n reason why I always advice investors to only take meme coins as just short term speculative assets which are subject to pump and dump at anytime, many times we have realised this and have settled with the reality because if you risk your investment on memecoins for lunch ng term you will be supprised at what becomes your reality in the future.
March 14, 2024, 12:58:48 PM
Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.
Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.
Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.
Well I don't agree with you on this. Shiba, FLOKI, they're not just memecoins.. and I'm finding alita to be in the same vein hence this post. It's an all encompassing ecosystem that supports a variety of DEFI products judging by what's on their web.
It'll be really cool to see how much it grows once more people join. I think the situation might be similar to the case of Peng Memecoin that got listed. Surprisingly, it has gone up to $1, haha.
March 14, 2024, 12:32:19 PM
The word "Utility" has always been used to deceive many of us that are crypto investors.
We should be led by the word utility ending up investing in the wrong project. The crypto market is majorly based on hype and any project that has more hype could have more investors but this often time does last for too long. Meme coins are good to hold but we need to be wise and scrutiny the projects we intend to buy before we invest our capital. This would help us to stay safe in the market and not lose money anyhow because we are freak about utility tokens.
We should be led by the word utility ending up investing in the wrong project. The crypto market is majorly based on hype and any project that has more hype could have more investors but this often time does last for too long. Meme coins are good to hold but we need to be wise and scrutiny the projects we intend to buy before we invest our capital. This would help us to stay safe in the market and not lose money anyhow because we are freak about utility tokens.
March 14, 2024, 12:28:51 PM
A joke will always remain a joke! meme coins usually starts as an experiment to the market. majority of the times, Developers look for the opportunity to pull out at the right time making millions of dollars. But in very few exceptional cases, a meme coin is able to build an eco system, like Shiba Inu. But don't expect the same from every meme coins. be very very cautious while investing your hard earned money in to meme coins. Avoid if possible. because you never know what's going to come out of them.
Personally, I avoid meme coins and only invest in Bitcoin and ETH. When it comes to money, I am very very skeptical about investing in new coins.
Personally, I avoid meme coins and only invest in Bitcoin and ETH. When it comes to money, I am very very skeptical about investing in new coins.
March 14, 2024, 12:03:38 PM
Memecoins are in high demand this bullion because Doge and Shiba have shown that a substantial amount of ROI can be made. Tsukiyomi an Ethereum memecoin inspired by the Japanese moon god is set to take off on Monday March 18th (follow twitter for exact launch time). Tsukiyomi believes in community collaborative initiative were member ban together to create something breath taking.
Tsukiyomi emerges as a unique and spiritually inspired project. A cat memecoin named after the Japanese moon god, Tsukiyomi embodies a fusion of ancient wisdom, meme culture, and modern blockchain technology.
Check them out on Twitter- https://twitter.com/Tsukiyomi_io
Tsukiyomi emerges as a unique and spiritually inspired project. A cat memecoin named after the Japanese moon god, Tsukiyomi embodies a fusion of ancient wisdom, meme culture, and modern blockchain technology.
Check them out on Twitter- https://twitter.com/Tsukiyomi_io
March 14, 2024, 11:22:35 AM
Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.
Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.
Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.
Well I don't agree with you on this. Shiba, FLOKI, they're not just memecoins.. and I'm finding alita to be in the same vein hence this post. It's an all encompassing ecosystem that supports a variety of DEFI products judging by what's on their web.
Jump to: