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Topic: The Surge in Meme Coins - page 2. (Read 681 times)

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April 19, 2024, 11:29:48 PM
#50
Investing in Meme Coins is high risk and it is the right decision to proceed with caution. Investing in meme coins can be highly speculative and risky due to their volatile nature and lack of intrinsic value. Although they may offer short-term gains investors should exercise caution and do thorough research before investing in any meme currency. Check out the project's whitepaper the team behind the coin, and community engagement consider diversifying your investments.
hero member
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April 19, 2024, 08:37:39 PM
#49
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 mostly independent of market and sometimes when btc and other major coins dumping. When market start dumping then big whales convert token to stable coins and then enter in any meme coins which bring any meme coin to the top trending in Dextool and then we see a high pump in meme coin.

Memecoin at the start was just looking scam but now it becomes trend and no one feel fear while adding in big amount. In crypto our main goal is to take profit regardless of which side it's coming so far we doesn't break any rules. I think Memecoins are same like other altcoins but with high volatility. Big risk= Big profit or loss

As we have known already about this concerning memecoins to have high volatility and market risk, if we invest in any, we are likely to loose or gain from it, but if  we are not serious in what we are investing on with some of these memes, they can come up with high market demands and sell fast and high to discover that the opposite of same is what has been seen the following day, which is how risky they could go or be.
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April 19, 2024, 08:31:38 PM
#48
Still, we need to take extra caution in choosing them because not all meme coins are meant for such extraordinary pumps.
Memecoins are easy money grab in my opinion but some people are treating memecoins as if they were all guaranteed success. And it’s bound to get repetitive and quite annoying to have someone trying to build up hype on one coin fully knowing it’s not going to lead anywhere

Quote
Too risky choice but why not take the opportunity of there is, we only don't hold them.

It’s what I always say I don’t see how memecoins can harm the overall crypto community but I definitely see an opportunity to gain money so while it’s here then just take advantage and if it ends up dead then at least you got your fill
plr
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April 19, 2024, 07:22:07 PM
#47
The surge started when Musk hyped Doge and continues to be so, but this year it is different they are now invading other chains, and many developers come in and focus on meme coins because it's the easiest to hype and there's a market for this.
Whales and promoters are looking for new meme coins to hype, small investors are looking to make money so the meme will continue to surge.
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April 19, 2024, 05:15:11 PM
#46
And after this thread, memecoin industry become so bigger than excepted within months. There are many new memecoins already launched in market and belongs to top100, can't imagine how they manage such biggest marketcap and how they manage to reach at such position. BOME, WIF, BONK, PEPE are on the list which are another example that memecoin change your destiny and that's why the investment racing in memecoin tremendously increased. So that people could catch the next waves of million dollar
legendary
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January 21, 2024, 12:10:34 PM
#45
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?
Well with the market sentiment I prefer legit ones in terms of this time. Yes there are profits that can be generated in meme but its a risky gamble though as some of these are likely money grabs and only those who are supported by lots of big players, whales and influencers are gonna survive or make a hype on that. All other else think of it as scams or will do rugpull.
legendary
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January 21, 2024, 12:01:00 PM
#44
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?

The "meme" coin craze is one that will quickly fade away into oblivion. After all, such coins don't hold any real value or purpose in the real world. It's just speculation. People missed the Dogecoin train and now they want to buy similar coins with the hopes of getting rich quick. But that's not the way it works. We can never tell which of the zillions of "meme" coins available on the market will be the next one to "pump" all the way to the moon. Any coin can randomly experience a surge in price because of many reasons (including but not limited to a celebrity endorsing a coin or even the launch of an airdrop).

Getting into "meme" coins would be nothing more than getting into gambling, imho. Just because Elon Musk endorsed Dogecoin, doesn't mean it's worth the long-term investment. People are foolish enough to invest in something driven by hype than solid, concrete results (real use cases). Who knows if most (if not all) "meme" coins will go all the way to $0 soon? Cheesy
sr. member
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January 20, 2024, 07:36:32 AM
#43
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?
Can't deny the fact that (some) meme coins are truly hype which people love it and enjoy making some profit. But we should be wise with them, can't hold these coins for long as the hype won't take longer as well.

Still, we need to take extra caution in choosing them because not all meme coins are meant for such extraordinary pumps. Following social media is a helping tool to determine what is next to pump but still, research is very important always. Too risky choice but why not take the opportunity of there is, we only don't hold them.
legendary
Activity: 1932
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January 20, 2024, 07:06:25 AM
#42
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?
You need to invest in any meme before the massive hype. And in order to invest correctly, you need to study this market very well. When we see constant shilling coins in news, videos, advertisements and so on, it is usually a process of feeding stupid hamsters before the price drops.
full member
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January 20, 2024, 06:59:40 AM
#41
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 mostly independent of market and sometimes when btc and other major coins dumping. When market start dumping then big whales convert token to stable coins and then enter in any meme coins which bring any meme coin to the top trending in Dextool and then we see a high pump in meme coin.

Memecoin at the start was just looking scam but now it becomes trend and no one feel fear while adding in big amount. In crypto our main goal is to take profit regardless of which side it's coming so far we doesn't break any rules. I think Memecoins are same like other altcoins but with high volatility. Big risk= Big profit or loss
newbie
Activity: 26
Merit: 2
January 20, 2024, 06:49:01 AM
#40
Meme coin, alt coin can be bought by everyone i.e. those who have less money and who cannot afford to buy bitcoin.  But those who buy it often get greedy and lose everything.  Greed should be avoided.  Before investing in these coins, one should think a lot and withdraw only if there is a small profit because there is no trust in them.  I would say it is better to save money and invest in bitcoin.  If you understand the value of money, I hope you will think before investing in this coin.

There is no such thing as "cannot afford to buy bitcoin" but can afford to buy memecoins and altcoins in general. Bitcoin is very divisible. The only instance where a person "cannot afford to buy bitcoin" is if you literally living paycheck to paycheck.
Seconded by me….. this solely depends on the whoever wants to buy. Most people feel earning money through bitcoin is kinda slow so most people follow trend… whoever can afford meme coins can strategically and logically afford bitcoin too..
My opinion though
sr. member
Activity: 1932
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January 20, 2024, 06:42:01 AM
#39
Meme coins are the new elaborate ponzi. I don't mean to say all of them are scam but 99% of the new coins are introduced as a pump and dump coins.
I have been on memecoin communities and follow them actively. The developers there boast about how high they made their last coin pump and how high they expect to earn from their next coin coming next week.
Meme coins specially the new ones are pure gamble, and if you want to invest long term, you should avoid new memecoins and rather focus on coins that may have an utility and use case in the future.
newbie
Activity: 26
Merit: 2
January 20, 2024, 06:40:34 AM
#38
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?

Op try to look your account and see if there's
an  duplicate topic cause in my phone I saw that this topic by you is already posted below in this thread so meaning there's a duplications of this topic and if that is proven by you then you can lock one of these thread so that only one thread is favored to reply. But anyways  for me I'll not trust me coins 100%. I know there are chances that we will get some by meme coins not all but it's hard to put our trust again.
Thank you very much for your observation and contribution .. I’m not to familiar with navigating yet..: but I’d see to it
full member
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January 20, 2024, 06:26:40 AM
#37
Well memecoins are products of memes which are very trendy and are usually followed or backed up by a community from where that meme originated from so it is not a surprise that a lot of people even those who are not even that familiar with cryptocurrencies invest their money in memecoins just for the sake of it

Those who are well knowledgeable about cryptocurrencies take this to their advantage and try to make profit
hero member
Activity: 1652
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January 20, 2024, 05:06:11 AM
#36
I have stop indulging into mem coins long time ago because the biggest challenge here is choosing the right coin, we only see Doge, Shib, Safemoon or bonk but we don't see the number of similar projects which couldn't make it big. I am not trying to potray a negative image but I always think why to risk our investments into meme coins which can make us poor anytime if they dump, rather why not choose some projects based on the services it has to offer us because they have better chances of survival.

But there are some risk takers for them meme coin would be perfect but once again I am stressing the part of selecting the right coin.
sr. member
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January 20, 2024, 04:36:50 AM
#35
A good project does not take time to gain popularity and it is not a problem even if it is a meme coin. People get huge profits from a best memecoin which is why they rush to buy meme coin. Not only meme coin but your investment needs to be more researched if you want to be the best. For a project to gain popularity there must be a lot of competition because there are a lot of tokens in the crypto market, so the development of the project must be at the highest level.
sr. member
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January 20, 2024, 03:01:37 AM
#34
Yes that's right sir, important people in the past have pointed out that meme coins are worth buying because their potential is better than shitcoin in certain oracles in the past, memecoins today are still given a good market share until new ones appear with good sales such as memecoins discussed above, meme coins are also founders and tokenomics are not all anonymous and that's a good effort. Maybe a few people are buying memecoin today because they are hesitant at such a low price that they have forgotten the potential of meme coins in the past such as doge and shibb.

People who are already left behind with these conditions choose to queue in the cex market at a price that is probably X10 from the first meme coin being introduced, I don't think it's too allergic if you might want to try 1-5$ and I think that's enough buying steps for trial rather than regretting when meme coins start to be trusted and there are crowded queues. for me treating memecoin like tading in general is very appropriate because if it is called gambling only meme coins make sense, rather than betting without technical basis.
full member
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January 19, 2024, 08:39:28 PM
#33
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The meme coins have always been wild. It has always attracted customers in a fomo like way and immediately dies after like a couple of weeks, maybe even days. If that isn't wild, then idk what is. A lot of opportunistic people take this as a time to attack late investors buy artificially inflating the market which attracts said late investors. And while I understand why some people still invest even if the coin is like already 50% up, it's dumb since any meme coin that has a gain like that will always drop sharply so expecting any gains from it is pretty obvious.

I know people want big profits buy they should be prepared for big losses at the same time. I prefer relatively stable investments in comparison though. I think I only tried Shiba  or Doge once or twice before?
a lot of people benefit from this meme coin. and indeed the meme coin craze can really make someone rich quickly. but it is worth the risk if this coin has not shown significant activity. it could even be a loss because it is stuck at too high a price.
that's why I prefer to play on altcoins that are more stable. even though it doesn't promise high profits, it's enough because it's not too risky like memecoin.
hero member
Activity: 2702
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January 19, 2024, 08:14:48 PM
#32
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The meme coins have always been wild. It has always attracted customers in a fomo like way and immediately dies after like a couple of weeks, maybe even days. If that isn't wild, then idk what is. A lot of opportunistic people take this as a time to attack late investors buy artificially inflating the market which attracts said late investors. And while I understand why some people still invest even if the coin is like already 50% up, it's dumb since any meme coin that has a gain like that will always drop sharply so expecting any gains from it is pretty obvious.

I know people want big profits buy they should be prepared for big losses at the same time. I prefer relatively stable investments in comparison though. I think I only tried Shiba  or Doge once or twice before?
mk4
legendary
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January 19, 2024, 07:49:47 PM
#31
Meme coin, alt coin can be bought by everyone i.e. those who have less money and who cannot afford to buy bitcoin.  But those who buy it often get greedy and lose everything.  Greed should be avoided.  Before investing in these coins, one should think a lot and withdraw only if there is a small profit because there is no trust in them.  I would say it is better to save money and invest in bitcoin.  If you understand the value of money, I hope you will think before investing in this coin.

There is no such thing as "cannot afford to buy bitcoin" but can afford to buy memecoins and altcoins in general. Bitcoin is very divisible. The only instance where a person "cannot afford to buy bitcoin" is if you literally living paycheck to paycheck.
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