Topic: The Surge in Meme Coins - page 4. (Read 669 times)
Dogecoin is the king of memecoins that has been in the crypto market for quite a long time and is even Elon Musk's favorite coin. How could it not soar high, Doge is always supported and idolized by great people. Doge is not just any memecoin, but Doge is the beginning of all existing memecoins including Shiba Inu which also followed in Doge's footsteps with an extraordinary increase. But the many memecoins that are appearing at the moment only take advantage of the popularity of memecoins and in the end will only be abandoned when memecoin makers make a lot of profit.
I don't think there is anything to research much about the project beyond the community support when it comes to meme coins. Everyone who throws some money into the meme coin wagon with the hope it would become the next Doge, Shiba Inu and etc but we never know until it happens so memecoins are nothing but gamble.
It's mostly just checking some minor metrics — number of holders, social media following, number of mentions on Twitter, that stuff. That, and it'll come down to gut feel — how highly likely do you think that that certain memecoin can reach virality? The latter part is where most people get it wrong, hence why there are a lot of people that lose money on trying to guess the "next big thing(memecoin)".
The surge in meme coins does not mean anything if it is not reflected in the use, development, wallets and every structure of these currencies. Meme coins have increased a lot in terms of market capacity, but market capacity is not everything because it can be easily controlled by manipulating demand and exaggerated investment to promote increased supply.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.
Bitcoin has opened the door for every crypto coins to thrive in the crypto market, as Bitcoin adoption is increasing investors sees it's reputation and profitability in bull season as a reason to invest in alternative coins, and most of them don't carry out any research before buying. So memecoins surge is expected because of the coming bull run, more people are coming into the crypto space, but they should be mindful that not all memecoins are worth putting money into, therefore they should learn how to use the golden word "research" before investing, because there are lots of scams to manipulate investors.
i don't see fomo like last year when most memecoins experienced a rise simultaneously, not all meme coins are like that now.
because their hype is no longer there, instead new tokens are taking over for now, such as manta, ondo, sqr, and altlayer which will be listed next week.
because their hype is no longer there, instead new tokens are taking over for now, such as manta, ondo, sqr, and altlayer which will be listed next week.
The surge in meme coins does not mean anything if it is not reflected in the use, development, wallets and every structure of these currencies. Meme coins have increased a lot in terms of market capacity, but market capacity is not everything because it can be easily controlled by manipulating demand and exaggerated investment to promote increased supply.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.
I think the stories where a lot of people have managed to make money with meme coins are getting more exposure to non-meme coin investors or something. It's mostly like how they manage to get more out of it. Now that there is fast information out there, it seems like a lot of things have indeed made their way into the crypto scene. A lot of people are really asking for those "alpha" stuff to get ahead of the market. It's still best to invest in known projects and you should invest what you can afford to lose.
they are great and a favorite during bull markets because that is where most of the pump and dump projects are.
so the right time to enter is before the bull and exit when the bull is about to end.
so the right time to enter is before the bull and exit when the bull is about to end.
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?
I don't think there is anything to research much about the project beyond the community support when it comes to meme coins. Everyone who throws some money into the meme coin wagon with the hope it would become the next Doge, Shiba Inu and etc but we never know until it happens so memecoins are nothing but gamble.
DOGE, SHIB, and SafeMoon was yesterday's memecoins. Today, Solana memecoins became quite hot — BONK, WIF, etc.
Memecoins can be GREAT buys when at the early stages of bull markets, as they can go up in huge multiples real quick. The difficulty is in picking the right memecoin, and setting sell targets as to not roundtrip the entire position.
Memecoins can be GREAT buys when at the early stages of bull markets, as they can go up in huge multiples real quick. The difficulty is in picking the right memecoin, and setting sell targets as to not roundtrip the entire position.
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?
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