Topic: Someone should make utility meme coins using solana it's good profit (Read 54 times)

That is true. This is why most investors are hoping to catch a memecoin before it pumps and dumps to take advantage and earn some profit. The reason why many of the projects die right after their successes is because they are basically useless.

Utility can allow investors to stick for longer instead of just dumping them all and never looking at it back again.

How will that work? It might sound like a good idea to you but reaistically speaking, you have to realize that there are too many complications and not everyone will be using this memecoin just for the sake of vacation properties.

Let me just remind op that a memecoin is a coin or a token created inspired from a meme which is a funny character or event . Come up first with a meme then relate it to the utility.
GameFi memecoins? Plenty of that already.

Utility is overrated these days, a memecoin having utility changes nothing if the team behind them are quack, a lot of coins with utility still dumped after a few years after their launching don't be fooled, play smart when dealing with altcoins, expect anything. Still do research and go for top coins if you plan to hold for long. At least its still a better idea than holding memecoins

Yeah I agree they need to have more utility type of coins. But even if they release more of these useful coins or tokens they still won't be as successful as those celebrity meme coins. There was that POW miner which is based on SOL, it got tons of attention when it generated huge backlogs on the Solana chain and its market cap is only something like $5M, while you got celebrity meme coins which are in the $50M range and other coins like that WIF dog at an even crazier market cap.

Its not about the utility, right now its where the most profits are at. People rather buy some useless celebrity coin which can 100x instead of some useful utility coin which will only go up 50%. Keep in mind, most people involved in crypto are not in it for the technology but for the profits, it was always that way.

Adding use cases and utility to these meme coins built on Solana might require significant capital and developers with great experience. Most creators of these meme coins launch them at low cost, with a custom domain and social media accounts, and that's the end of it. The developers of these meme coins prioritize their personal gain and wealth over creating value for the coin they launched, as they do not care about the future of their coin, and if it fails, they can launch new coins and projects without losing more than a few dollars.

Honestly, I do not understand the rationale behind holiday vacation property renters accepting this type of meme coin, even though many good altcoins are suitable for becoming a means of payment. Meme coins are highly volatile, making it difficult to control their prices, and their large total supply makes them impractical for payments. Indeed, I have seen meme coins built on the Solana blockchain that claimed to provide use cases and utility, but they turned out to be traps for investors and ended up being scams.

Affordable projects are our concerns in the system. Projects pump and dump, it's none of my business but focusing on the top projects and become very dependable in the system, we should always know what's coming for us and sort out means to make things worked in our favorable positions. Memecoins are always my target and making it to the top, one requires to grabbed every possible opportunities that comes his or her way without hesitation.

Meme coins are not good for long term holding but some of them can be profitable if held for appropriate timing but people cannot understand this thing and consider meme coins the same as that of bitcoin that if they held the bitcoin more they will be profitable but it's not true.

Most of the meme coins become useless when they go through a single dump therefore it is necessary to not hold meme coins for a long time because the more we hold it the more we will see a dump and maybe eventually we will lose all our money due to meme coins holding.

I can name hundreds of projects that claimed to have utility that went to the grave every year so just meme coin or with real utility there is no difference, people most likely will dump them for one-time profits if it's actually considered as asset and utility tokens should not be concentrated on returns but the implementation of their plan according to their road map then only people will realize it's not just bump and dump token it is here to exists no matter what then the trust will start build up and so on.

trust me adding utility won't change a damn with how solana meme coin in general works, the value entirely depends on the hypes and hypes alone, most of the new meme coins that reached market cap of at least $50 millions are getting there not because it can be used to pay for holiday or something like that.
its because people just like to pump it out of the blue just for fun thats it, entire meme coin industry in solana is actually just some form of an entertainment where you bet on meme coin and predict whether they gonna grow and multiply your money.

its not a rocket science to figure that utility added to meme coin will just at best become gimmick, did you know that there has been quite many meme coin being released with utility in one package but people just don't give a damn about the utility but instead they just relying on hypes to make the price fluctuates a lot.
it is at the end of the day, just pump and dump game after all, the investor don't care about the coin, the whales don't even bats an eye about the feature meme coin presented what matter is just volatility rate.

honestly at this point, if a meme coin despite having meme logo and name, if it is added that much utility, will it still falls under category of shit coin or will it just become yet another altcoin?

Why do you need so many meme coins with some utility? After all with the kind of profits you expect out of them a 10 dollar investment can become one million dollars according to your numbers, so you only need to invest a high amount of money in one of those coins and never worry about money again.

Obviously this scenario will not happen to you or anyone, as those kind of results are almost impossible to get that at best I think only a handful of people could get, so stop dreaming about meme coins with that level of success, because you are not going to find them.

Be rest sure and aware that most MemeCoins aren't good for long term holding and if being too eager to provide more Memecoins for utilities, it could probably fall valuelessly of even dump on the long term holders.
The coins developer and team would have much more in thriving on how to get it done and I don't think they'd be affordable for all that expenses.

Don't be get fooled. it's all about hype. I know some really awesome utility tokens on Solana, but they dumped a few days after launching, yet the useless meme coins keep skyrocketing now and then.

No. If you think this works, try to create one and see.

We need more utility meme coins with solana this way the price Will Grow a lot.
If token has utility the real reason for using then this can make really 100000x gains.
Very good utility Will be If holiday vacation property renters Will accept that kind of meme coin imagine how much buying volume this kind of meme coin will receive.
Do it more utility meme coins this way the prices will go a lot higher and we can make more profit with meme coins.
Do it also the games wich requires to buy same meme coins
We need more utility like use cases and then we all can make more profit with memes.
So devs get to work and show us what you can Do it.