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Topic: The Surge in Meme Coins (Read 600 times)

member
Activity: 312
Merit: 10
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May 01, 2024, 07:49:08 PM
#70
I agreed with you op.. Memecoins are risky. Some memeocins truly pumped a lot and that's very surprising as well as opportunity for crypto investors to change their life. But not all memecoins are going to hit the millions of dollar right. Most of them scamming people and people let them fall in. Even most of people don't hesitate to keep investment in memeocin even they already lost lots of money. That's the bad thing in memecoin which should be stopped. People should be really careful
legendary
Activity: 3192
Merit: 1359
www.Crypto.Games: Multiple coins, multiple games
May 01, 2024, 01:56:06 PM
#69
I agree with you. Basically meme coins are created just for fun and they don't have any fundamentals. Only coins are created in the network and then attract people to buy them. Some meme coins are successful because they have strong communities. I don't know how the community formed but I think meme coins are highly speculative and we can't analyze meme coins to estimate their potential.

They're also meant to enrich developers/token creators. Foolish investors buy "meme" coins only to get ripped off in the long run. Totally not worth it, imo. The recent surge in "meme" coins can be largely attributed by the hype surrounding the crypto market.

If you're fast enough to take advantage of the "pump", I'd suggest you sell your coins before it's too late. When "meme" coins dump, it's the perfect time to buy more. Never rely on them as a long-term investment, though. The crypto market behaves in many strange and bizarre ways, so expect the unexpected. Wink
newbie
Activity: 70
Merit: 0
May 01, 2024, 06:18:41 AM
#68
 although dogwifhat is driven by speculative interest involved in fairly good governance with limited supply by maintaining its identity which is the key to success but even so, sooner or later it will definitely decline also because investors who think about looking for profits are too hasty so they have to do research good for any project before they fall and create challenges in themselves that are difficult to overcome with more careful thinking.
sr. member
Activity: 1302
Merit: 324
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April 30, 2024, 07:19:58 AM
#67
The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?
Meme coins are created just for fun as they don't have any usecase and are not backed by any good motive. Meme coins are risky as well as considered high profit returns. I personally focus on PEPE when its price was low, but did not invested and the price suddenly pumped 10X or more, but now its again drops, which is a good chance for Meme lovers to invest.

I agree with you. Basically meme coins are created just for fun and they don't have any fundamentals. Only coins are created in the network and then attract people to buy them. Some meme coins are successful because they have strong communities. I don't know how the community formed but I think meme coins are highly speculative and we can't analyze meme coins to estimate their potential.
hero member
Activity: 2758
Merit: 522
Leading Crypto Sports Betting & Casino Platform
April 30, 2024, 06:29:21 AM
#66
its great for people that likes to snipes latest meme coin like the latest meme coin that is manekin its going $200 million market cap overnight.
thats already crazy on its own considering that this meme coin just come out of nowhere, if you observe from the wallet that interacting with swapping of the meme coin you will find out that some people flipping $700 into hundred thousand dollars overnight its crazy it remembers me of another meme coin thats trending in solana.
the fact that they could get that massive market cap with literally no fundamental is already ridiculous now added if they got listed in binance then they can easily reaches billions just like how book of meme and so on.
I guess meme coin trend will just never end, its always there in every bullrun, wonder how many people become millionaire from investing in meme coin this year.
jr. member
Activity: 251
Merit: 1
April 30, 2024, 12:09:24 AM
#65
The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

Meme coins are created just for fun as they don't have any usecase and are not backed by any good motive. Meme coins are risky as well as considered high profit returns. I personally focus on PEPE when its price was low, but did not invested and the price suddenly pumped 10X or more, but now its again drops, which is a good chance for Meme lovers to invest.
jr. member
Activity: 448
Merit: 2
https://gptverse.art/
April 29, 2024, 03:54:31 PM
#64
regarding meme tokens, These are seasonal tokens where you can make a lot of profit, there are risks but they can also be rewarding. Once you can catch a good meme token initially and the token is pumped 100%, then it can be a big profit for you and Suggestions me, if you are already making a profit from meme coins then get out immediately and don't stay any longer with meme coins.
member
Activity: 210
Merit: 39
April 29, 2024, 08:04:23 AM
#63
I don't know if people are attracted to meme coins these days like they were in the past when Dogecoin, Shiba Inu, SafeMoon were hugely popular. Currently, with a lot of research analyzing a meme coin, the success rate of investing in that coin remains speculative. Solano meme coins have been in discussion recently, it is difficult to say which coins will perform in the short term and which coins will go long in the future. Finally, meme coins become annoying.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
April 29, 2024, 07:44:23 AM
#62
In my opinion, you can just compare some memecoin like Safemoon to other ones which have proven to be more reliable and keep a solid market capitalization though time.
The reality is most of memecoin eventually suffer some decrease in their value which makes them to be almost worthless, in comparison to their initial value during their launch, that is the case of Safemoon and other similar to them.
If I was going to speculate on memecoins I would not go for coins which are pretty unknown for the average investor, instead I would go and try Shiba Inu, Dogecoin and nothing more. They have been resilient enough not to get flat lined months after their launch, after all.

Also, keep in mind, many scammers and deceivers take advantage of bull runs like this one in order to fish investors looking for the next big coin. Do not put much of your money on a rug which is likely to be pulled when you less expect it..
Have anyone of you heard or read about whst happened to the squid game memecoin? It was quite popular, obviously, but as expected it ended up being a scam.

Be careful with your money and use common sense.
MiF
sr. member
Activity: 1344
Merit: 258
April 29, 2024, 05:33:47 AM
#61
The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?
Investing in meme coin is risky but not only meme coin there are a lot of old and new altcoins that is very risky but has a big return if we are lucky on investing into them the meme coin is risky because anytime it will drop down or become shit coin, but if we are lucky and after we buy it there is a hype then we will surely earn 10x of our investment, i am still buying meme but not a big volume to avoid big lose of ever it will drop down.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 29, 2024, 02:16:14 AM
#60
Well there is a meme coin I am now looking at to add to my portfolio. That is the Cardano meme coin called Snek.
It did just see big gains for its investors. And it now has announced partnership with crypto influencer Max Maher.
https://dailycoin.com/cardano-memecoin-storms-the-market-why-snek-is-blowing-up/
member
Activity: 476
Merit: 16
Eloncoin.org - Mars, here we come!
April 25, 2024, 09:34:35 PM
#59
     I think it seems that the hype about meme coins has decreased, because we know that recently the meme coins under the SOL network made a bit of noise, like WIF and BOME, but this time it seems like it has been quiet for awhile in the market.

     Now the communities that don't know much about these meme coin investments are still interested in meme coins that are small in capital but can earn a lot in the long run, right?
Where until now these are the thinking of the most community investors about in meme coins.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
April 25, 2024, 07:43:05 PM
#58
If you have the money to risk it, take your chances. What’s worse, you’ll simply lose the money you already prepared to lose. But this doesn’t mean you should go and throw your money. Don’t proper research and know what method you’ll use to scrutinize them. You should also bear in mind that it’s one thing to invest in a memecoin that will blow up, but it’s another thing to know when to hit the sell button for that memecoin (in cases where need be).
full member
Activity: 921
Merit: 100
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April 25, 2024, 12:39:21 PM
#57
It seems impossible to see meme coins increasing, but in fact memecoin is very popular at the moment, but whatever it is, I personally am not very interested in this situation, because in my opinion memecoin is not worth investing in because it has a very high risk, for that I suggest to Those of you who play memecoin should always be careful of things that you don't want.
legendary
Activity: 2086
Merit: 1058
April 25, 2024, 11:09:23 AM
#56
There are so many meme tokens that are doing well in the market and we need to be prepared and take proper decisions that would aid us to make money from the market. Cryptocurrency has so many coin nitch that we could invest our funds without any problem or difficulty but it is also advisable for us to keep observing the market so that we could know what coin worth our investment and the one that do not worth our investment. There are so many things we could do that would aid us to earn more in the market.
To be honest, I believe meme coins are not worth investing in, especially if someone is investing large amounts in them because you can't take that many risks, they are not guaranteed to provide profit to every investor and only a few out of hundreds of meme coins manage to gain enough hype and popularity to gain a good price which means that you have less than 1% chances of making some profit if you are randomly investing in meme coins out there.

When we talk about research, no matter how much research you do, it's not going to help you decide which meme coin is good and deserves your investment because research and analysis can help you only when a project has something to offer but meme coins aren't among those.
I agree with this, they are definitely not worth investing into and people should stay away from them as much as they possibly could. Too many people think that there is money to be made from these stuff, and I believe that we should see the reality and how we can't really make any money from these meme projects. Maybe you could trust them, but I would never trust them, and I agree with you that they are just hype projects that will only go up during hyped periods but they are not good.

What I look for in a project before I invest is development, something that it can add on top of what I already invested into, and what meme projects provide is a new meme that is different meme than the other project, doge and shiba and pepe and ape, they are all just same stuff, with different meme name, that's it.
sr. member
Activity: 1302
Merit: 324
#SWGT PRE-SALE IS LIVE
April 23, 2024, 01:58:52 PM
#55

When we talk about research, no matter how much research you do, it's not going to help you decide which meme coin is good and deserves your investment because research and analysis can help you only when a project has something to offer but meme coins aren't among those.

I agree with you. This is an important point that meme coin fans should pay attention to. Meme coins have no fundamentals so there will be no technical analysis or tokenomics for meme coins. Even meme coins like Rats coin don't have a whitepaper and are just created for fun. One just needs to analyze the trends and hype on the project. I invested in Bome after listing on binance and as a result I lost around 60% to date because the listing price was much higher than the current market price.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
April 23, 2024, 11:35:31 AM
#54
There are so many meme tokens that are doing well in the market and we need to be prepared and take proper decisions that would aid us to make money from the market. Cryptocurrency has so many coin nitch that we could invest our funds without any problem or difficulty but it is also advisable for us to keep observing the market so that we could know what coin worth our investment and the one that do not worth our investment. There are so many things we could do that would aid us to earn more in the market.
To be honest, I believe meme coins are not worth investing in, especially if someone is investing large amounts in them because you can't take that many risks, they are not guaranteed to provide profit to every investor and only a few out of hundreds of meme coins manage to gain enough hype and popularity to gain a good price which means that you have less than 1% chances of making some profit if you are randomly investing in meme coins out there.

When we talk about research, no matter how much research you do, it's not going to help you decide which meme coin is good and deserves your investment because research and analysis can help you only when a project has something to offer but meme coins aren't among those.
member
Activity: 154
Merit: 33
Eloncoin.org - Mars, here we come!
April 21, 2024, 06:03:45 AM
#53
MemeCoins are lucrative coins that if you could stay active and updated on the coin trends which is to say you can be earlier on to invest on it before it catches its break, and also your endivoirs to figure their potentials and then you inputs your initiative to build up an asset in any of your choice of course there you'd make exceedingly amazing in it but you must not be relented to be told before you keep greeds aside while investing.
Don't also be tricked by the hyping of the coins to invest what your emotions can't bear to lost.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
April 21, 2024, 05:25:35 AM
#52
There are so many meme tokens that are doing well in the market and we need to be prepared and take proper decisions that would aid us to make money from the market. Cryptocurrency has so many coin nitch that we could invest our funds without any problem or difficulty but it is also advisable for us to keep observing the market so that we could know what coin worth our investment and the one that do not worth our investment. There are so many things we could do that would aid us to earn more in the market.
member
Activity: 362
Merit: 13
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April 20, 2024, 07:51:54 PM
#51
There is no doubt that memecoins are risky to buy. There are lots of memecoins keep launching daily and all of them are going to give you profit. Even most of them great temporary high and will ended up with scam. So keep trying memecoin investment will make people poorer rather than make them rich. But people are too serious about memecoin and that's why don't think about loss but invested in memecoin with this dream that it could make them millionaire
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