98% of meme coins are scam projects and as time fly by these meme coins will have nothing else to offer their community then they will start dying, the only meme coin that looks ever strong is still Shiba and its not wrong to just buy 20$ Shiba and abandon in your wallet just in case it grows better in future like Doge coin.
Stay away from others.
Topic: So we've gone from 1 meme coin to one hundred now ? - page 2. (Read 646 times)
Not just shiba, but there's a dozen different others I think.
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
Definitely not bad. Oh, and the meme mayhem seems to continue with the increase numbers. It's a good thing you made something out of it. For me, it's all bad luck and I cannot seem to understand how the market flows when it comes to this cheap meme coins. I had no luck making even a cent. All my trials are a lost cause. I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I may try again buying some as this posts made me urge it can be done. It's not that I will keep it, just maybe try and make money and buy it with more Ethereum and Bitcoin.
Really matter with the timing when placing your investment, meme asset is a high risk investment, you need to manage your money
as there's always dump that will happen along the way, making a mistake with your timing will result to losing your money, take time to sort
and then pick what meme from those long list you think that will bring you luck and earn decently..
What scares me most about memes coins is their total supply which runs in trillions. I can only be a fan of Dogecoin which am already, any other meme coin apart from that is a flop.
Bear this in mind, never put all hopes in altcoins because the price of one you hoped for can diminish in a tiny air when you least expect
Bear this in mind, never put all hopes in altcoins because the price of one you hoped for can diminish in a tiny air when you least expect
Not just shiba, but there's a dozen different others I think.
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
Definitely not bad. Oh, and the meme mayhem seems to continue with the increase numbers. It's a good thing you made something out of it. For me, it's all bad luck and I cannot seem to understand how the market flows when it comes to this cheap meme coins. I had no luck making even a cent. All my trials are a lost cause. I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I may try again buying some as this posts made me urge it can be done. It's not that I will keep it, just maybe try and make money and buy it with more Ethereum and Bitcoin.
They all have close to zero utility & chance of ever becoming a real life means of exchange. It’s just a shitcoin lottery & one I am not willing to play. Stick with the legitimate coins if you want a close to guaranteed chance of making it.
I'd rather avoid investing in meme coins, because I don't think this project has a clear purpose other than just entertainment. It seems that the meme coin only serves as an arena for profit with no reciprocity for buyers.
All of meme tokens are scam. Doge coin was the old coin created by legit developers for the community unlike another meme token in the market that . Meme tokens are only being used by scammers to farm more money from the market. There's no good reason to use meme token as an investment. This is a blatantly scam token created for the scam purpose. People are so dumb to buy meme token. So, if everyone spent that money on bitcoin instead of shiba, then we would have a much more solid background to it, since shiba doesn't mean anything and most of the money was gone to the team and inefficient in that case, makes no sense at all.
Not just shiba, but there's a dozen different others I think.
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
Well, I guess this is the reason people still insist on investing in all these shitcoins because somehow they still make some profits from them and in a few cases made serious profits too but let's not forget that more meme cons investors are not that fortunate in this investments, however, we are all on a different level of risk tolerance. I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I really don't understand what they are trying to trade here, as OP said he got 50$ profit in just one day, but if unlucky how much will he lose, 100 dollars or 1000 dollars.
Compared to 20% profit, 50% is too small if the risk of loss is up to 100%. If you use that money to invest in bitcoin or top tokens for 3 to 4 years sometimes profit will give you x10, x20 with shallow risk. I'm not entirely against investing in memes, but I don't think it's worth focusing on them, it's more like gambling than investing. If I invest in memes, I will only bet on doge and shiba, at least they have a reputation and are proven by the community.
Well! you call this one trend and whenever something like this became popular, no matter how bad it is or nonsense, as long as they're making money out of it, they will mimic or make something like it to earn some money as well. The cycle is like this no matter what industry you go into because people want easy money where they don't really need to think of some innovative strategy, they just easily create something like the current trend, and everything is set. Just like how the fake brands are doing.
Not just shiba, but there's a dozen different others I think.
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
Don't be surprised since Dogecoin's success has led developers to create coins of their own as a means for profit. Everything is open source and decentralized in crypto/Blockchain land, so there's nothing stopping devs from launching new coins on a daily basis. What really matters is utility, not the hype. There are so many "meme" coins, but the majority of them (if not all) are useless. They bring no real use cases to the world, unlike Bitcoin or Ethereum. Such coins are usually driven by hype, so anything or anyone that would make it popular would certainly have a positive effect over its price.
I'd only use "meme" coins for quick trades or as a short-term solution for sending small amounts of money to people across borders. But not as a serious long-term investment. As long as you don't spend all of your life savings into "meme" coins, there should be nothing to worry about. Just my thoughts
I'd rather avoid investing in meme coins, because I don't think this project has a clear purpose other than just entertainment. It seems that the meme coin only serves as an arena for profit with no reciprocity for buyers.
All of meme tokens are scam. Doge coin was the old coin created by legit developers for the community unlike another meme token in the market that . Meme tokens are only being used by scammers to farm more money from the market. There's no good reason to use meme token as an investment. This is a blatantly scam token created for the scam purpose. People are so dumb to buy meme token. 
The only desire of the team issuing the next meme coin is to make a profit. But it becomes more difficult to do this with each launch, since most investors have already decided to stay away from new similar coins. But in any case, there will definitely be those who will buy a million coins for $5 and will dream that the price of one coin will rise to $1.
I'd rather avoid investing in meme coins, because I don't think this project has a clear purpose other than just entertainment. It seems that the meme coin only serves as an arena for profit with no reciprocity for buyers.
meme coins aren't the right coins to invest with, you can't really think about earning them in the future, not in the long-term but for just in a while when it pump. Because after that, once the hype is over, I'm not sure if they still have the chance to recover or are gone forever. In fact, Dogecoin and Shiba Inu have just known meme coins but as you can see they are far from getting potential, they'll somehow lose their value from time to time. And I was afraid Shiba Inu will be ended up moving to the bottom.
Yes, it's true that meme coin is not a good coin for us to make as a long-term investment because so far almost everything is not worth it anymore after the hype subsides except Doge and SHIB because these two coins already have a very large community so that every time there is a dump with Doge and SHIB, their community will spread FOMO so the price of the coin will go up again.
We shouldn't care about many other, the only meme coin that makes a lot of sense is still shiba inu and as we speak Shiba is slowly leaving its meme coin idea behind, its well accepted more than many other meme coins out there and very close to doge coin performance, the token will one day costs much as doge coin is today.
With Shiba's popularity at the beginning of its launch and finally getting its current price, many meme coins have been launched. We don't know what the developer's motive was following Shiba's popularity and we can only guess. Maybe they thought their project on the meme coin could also get the same popularity as Shiba's. But it's different because their project has to be able to compete with other meme coins and nowadays, there are a lot of meme coins that want to get a good position in the market list. Also, we don't know which meme coin will increase so this is already a kind of speculation leading to gambling. If you're not careful and stick with meme coins to invest in, you might be disappointed that there aren't many meme coins that can increase high.
To succeed like doge and shiba is not easy, can be considered lucky with these 2 coins. Meme projects not only have no utility but are full of fakes, they copy each other.
They have a purpose, but the aim is to bump and dump and then disappear with your money. Investing in memes is not really called an investment but a gamble because the risk is too high.
Hope OP is profitable so stay away from memecoins, don't be too confident that new memecoins are investments that can bring value.
But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I've seen the development of the crypto market, lately especially about meme coins and other types of coins, I think Bitcoin at that time had touched the price of $60k why only a few coins were moving, memes were sinking instead.So, i think this coin is a factor influencing price by investors inside, because so many memes are now circulating in the market, so i don't believe investors can do a bigger pump on memes, same with doge and shiba, if investors don't aim to two memesit eventually sank.
I think you are taking a high risk to be investing in new meme coins, especially if you have not conducted an in-depth research. Though Shiba and Doge, for example, may not be up now, but they should be more trusted as they still have the potential to gain in value. You take note that we are in the bear market. It is possible you may have been lured by the increase in price of the meme coin which could be due to hype in the coin/token. Beware of new meme coins, unless you have thoroughly researched the viability, otherwise, the coin/token could be dumped, to your surprise on a time you least expect. IMO, it is not advisable to invest in meme coin for long term. It you have taken profit, consider reinvesting in another reputable coin/token, to avoid loosing your funds.
I think the meme coin trend in 2022 is over, in fact there are currently very many Play To Earn projects,
yes I think it's the same as Memecoin, without developers and without a team that clearly makes these new projects really risky,
don't easy to believe in a project like this.
yes I think it's the same as Memecoin, without developers and without a team that clearly makes these new projects really risky,
don't easy to believe in a project like this.
meme coins aren't the right coins to invest with, you can't really think about earning them in the future, not in the long-term but for just in a while when it pump. Because after that, once the hype is over, I'm not sure if they still have the chance to recover or are gone forever. In fact, Dogecoin and Shiba Inu have just known meme coins but as you can see they are far from getting potential, they'll somehow lose their value from time to time. And I was afraid Shiba Inu will be ended up moving to the bottom.
A bunch of shitcoins being pumped through the teams and FOMO from the latecomers. If not knowledgeable enough to keep up with them, the latecomers just see it as gambling and playing risky things. It's not a good way to invest, and I believe anyone who has made big profits or lost money with them will not think they are a good way to make money. Do not overestimate their potential; other high-quality products are still being developed and have yet to find a market niche; and do not place your faith in ethereal concepts such as memes.
Jump to: