What do you all think about this innovation for a memecoin, do you think it's sustainable or not?
Isnt that the kind of reflective token? Cause I have a token the same that they are giving daily rewards to the users who are just simply holding on their wallet and those rewards are earned based on trading they setting up some contract with different percentage on what would happened on the fees. Like burning/rewarding holders/ or other features. This is another attractive method for users who wanted a passive income as long as there are many users that into it. But also quite risky if theres no demand or potential investors. 
Topic: Time for BSC memecoins to take over Solana? - page 2. (Read 222 times)
Recently, we've been seeing the dominance of Solana and base memecoins in terms of hype, community, investors, and all that. However, while scrolling through X on a usual day, I discovered there might be a change of narrative soon.
This narrative has been used many times by various scammers who issued deflationary tokens. Nothing surprises if this is another garbage idea. I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.
It's been a long time since the last time I saw deflationary tokens exist in the market. From what you said above and it sounds like a terrible token. Holders are rewarded without staking, so the reward inflates the supply of tokens in circulation and this dumped the price of token.How can this token stabilize its price if there will always be more tokens in circulation? It sounds another piece of shit.
What do you all think about this innovation for a memecoin, do you think it's sustainable or not?
It's not even an innovation. I'd like to call this a soft scam.It's obvious that you said that the token is a deflationary token, but it's not even burning the token or decreasing the supply of the token. it adds more token to the circulation through distributing it as a reward to the holders. 
Most memecoins that actually implemented functionalities end up dying down instead of going up as most people would think. Let memecoins be memecoins — not to be taken seriously, and just owning it because why the fuck not.
The only memecoin that has some sort of functionality(tipping) that is likely to have staying power is DEGEN on Base imo.
The only memecoin that has some sort of functionality(tipping) that is likely to have staying power is DEGEN on Base imo.
BSC meme coins are already a dominant force and as there are cycles going on for pumping meme coins there might come times when BSC meme outperforms Solana but in general, Memecoins on Solana are having more success than any other network. More serious projects do have more relative success in BSC L2 and ETH L1. But meme are now dominated by Solana.
If we look at the volume last 24 hours, Solana based meme like dogwifhat, bonk, bome, mew are in top 10. Base is another network that has been gaining momentum in meme coins.
If we look at the volume last 24 hours, Solana based meme like dogwifhat, bonk, bome, mew are in top 10. Base is another network that has been gaining momentum in meme coins.
It seems to me another hype that is not gonna last long even if it does I don’t think it’s going to take over solana with the amount of things solana has achieved in the past few months. If this project is so determined in taking over solana then it would take a long time still and a few mistakes from solana to do so.
to be honest these time around meme coin that are in BSC always have miniscule market cap gain over the course of the year really different if compared with solana and base so im pessimistic that BSC meme coin gonna take over solana anyway even I don't think that there's something hype that got released in BSC anyway therefore im not in hurry thinking it will take over solana.
i'm more invested in base at this point where there are so many hype NFT and meme coin in that ecosystem.
also like the meme coin you mentioned it just seem overall a disaster of an economic model in my opinion i mean incentivizing people who holds the coin, it sounds great at the beginning just holding you earn something but what about 5 years forward, doesn't the total supply gonna inflate so much? meme coin in general that are popular enough doesn't need this kind of gimmick, they just get released and explodes.
i'm more invested in base at this point where there are so many hype NFT and meme coin in that ecosystem.
also like the meme coin you mentioned it just seem overall a disaster of an economic model in my opinion i mean incentivizing people who holds the coin, it sounds great at the beginning just holding you earn something but what about 5 years forward, doesn't the total supply gonna inflate so much? meme coin in general that are popular enough doesn't need this kind of gimmick, they just get released and explodes.
I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.
Or it might be a way to attract more investors even if it does not exactly benefit both the project and its investors in the long run.
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What do you all think about this innovation for a memecoin, do you think it's sustainable or not?
Do enlighten me where would they get these rewards from? I don’t think they can support this kind of system for a long time and they are only doing it to earn more hype in its early days.
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I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.
They received rewards for what? Staking rewards is given through not selling their tokens by locking it on smart contract while the feature you mention is literally just airdropping rewards without doing anything sounds like a ponzi to me.
Memecoin is already a thrash for being a meme coin with a sole utility of staking. They are not sustainable in long term because the liquidity for rewards will depleted when no one is buying anymore.
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What do you all think about this innovation for a memecoin, do you think it's sustainable or not?
This is not an innovation but rather another scam scheme to attract buyers for useless token.
Memes that have actual application? I think it is not by Quacks but by DEGEN. I think DEGEN has more hype and it's with the BASE chain and it's getting more hype, I think. It can be more if the BASE chain has more users. I think it will reach more and a lot of hype now is in here. With Coinbase being at the center, I'm not surprised if it raise higher in price and more people would use it.
Recently, we've been seeing the dominance of Solana and base memecoins in terms of hype, community, investors, and all that. However, while scrolling through X on a usual day, I discovered there might be a change of narrative soon.
I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.
What do you all think about this innovation for a memecoin, do you think it's sustainable or not?
I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.
What do you all think about this innovation for a memecoin, do you think it's sustainable or not?
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