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Topic: What are Meme Coins? (Read 535 times)

sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
December 18, 2023, 01:24:18 PM
#68
Meme coins are too risky to invest, I lost a lot of money investing on meme coins, so i can never invest on it again, though most daily traders make a lot profit investing on meme coins.
Indeed memecoin are too risky. So I doubt if traders make profit like you said. Even if it's possible I think out of %100 %98 of traders loss while %2 gains. If atol it's up to %2 They are just like ponzy scheme.
Come on. It can’t be just 2%. You’re trying to saying that only 2% of people earn and yet we still hear so much hype around memecoins? No, a lot of people actually earn from it and it is the smart ones; the ones who know when to take out their funds. It is a risky market doesn’t mean that few people only win… it’s just the unstable volatility which is triggered by the hype that makes it risky. But how then is it a memecoin if that hype/risk isn’t attached?
sr. member
Activity: 406
Merit: 303
The great city of God 🔥
December 18, 2023, 06:02:46 AM
#67
Meme coins are too risky to invest, I lost a lot of money investing on meme coins, so i can never invest on it again, though most daily traders make a lot profit investing on meme coins.
Indeed memecoin are too risky. So I doubt if traders make profit like you said. Even if it's possible I think out of %100 %98 of traders loss while %2 gains. If atol it's up to %2 They are just like ponzy scheme.
hero member
Activity: 3080
Merit: 603
December 18, 2023, 04:03:20 AM
#66
For Doge, it has passed the stage of being just a meme coin. Today, we can see it being used for a lot more than the hype. Btw, you said that memecoins has considerable volatility. Well, I think you’re not saying it as it actually is. Memecoins have the most volatility and can take you from zero to hero overnight (it could be the other way round too). Also, I hope you know that you have to update your topic every month Grin because memecoins doesn’t seize to be created. Each month many projects are created and definitely meme projects are amongst them.
Even before, Dogecoin is more than just a meme coin. I just regret that I didn't hold it until during the peak but it's usually used for transfers even years ago. The fee for each transfer you'll do with it is very cheap even until now and that's why it's more just a meme coin that we used to know.
It's a beloved of the community and despite with all of the meme coins craze that we're getting, no one's going to forget dogecoin.
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
December 18, 2023, 03:51:03 AM
#65
Meme Coin is hard to believe. If you trap all the meme coins in a net, most of the meme coins will escape through the holes in the net, only a few meme coins will be trapped in the net and may be fruitful in the future.
Indeed, this is hard to believe because usually meme coins are really high risk. Lots of people create new meme coins and advertise them vigorously and with high promises. So usually meme coins will be very easy to hype compared to other types of projects. For whatever reason, meme coins seem to be a favorite for some people to make a profit. Even though it could actually be said that they are taking advantage of meme coins from new comers who are victims of FOMO from the meme coin hype. And this continues until now.
Looking for luck by creating a meme coin project is something that is done a lot nowadays, and it seems like it will trick a lot of people out with cheap prices to look for luck that won't necessarily be easy to get. I agree with your opinion, friend, that catching meme coins to escape the trap is very rare, but once again, many people are tempted by meme coins because of the FOMO that always accompanies the growth that occurs, and many want to get involved in order to be seduced. but that is the reality that happens, even though many experiences have been seen so far that meme coins cannot promise the expected luck because the risk is very high when investing in them.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
December 16, 2023, 05:58:17 PM
#64
Meme Coin is hard to believe. If you trap all the meme coins in a net, most of the meme coins will escape through the holes in the net, only a few meme coins will be trapped in the net and may be fruitful in the future.
Indeed, this is hard to believe because usually meme coins are really high risk. Lots of people create new meme coins and advertise them vigorously and with high promises. So usually meme coins will be very easy to hype compared to other types of projects. For whatever reason, meme coins seem to be a favorite for some people to make a profit. Even though it could actually be said that they are taking advantage of meme coins from new comers who are victims of FOMO from the meme coin hype. And this continues until now.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
December 16, 2023, 02:54:36 PM
#63
For Doge, it has passed the stage of being just a meme coin. Today, we can see it being used for a lot more than the hype. Btw, you said that memecoins has considerable volatility. Well, I think you’re not saying it as it actually is. Memecoins have the most volatility and can take you from zero to hero overnight (it could be the other way round too). Also, I hope you know that you have to update your topic every month Grin because memecoins doesn’t seize to be created. Each month many projects are created and definitely meme projects are amongst them.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
December 16, 2023, 02:29:17 PM
#62
meme coin in general are just gambling in disguise, it's just full of manipulation, even the recent arb doge are just manipulation.
but within this manipulation lies opportunities of taking advantage the coin and scoring massive return only if you know the right entry.
so basically, if you are clever enough you gonna make good profits.

Meme coins preference is pure gambling for those who are not educated well regarding of meme coins but those who keep searching will definitely find meme coin as a profitable coin. Every field have some defeatist and some worthwhile impacts therefore if we focus on just a single character then it will be our fault.

Don't hold your meme coin longer and sell whenever you find an well aimed timing so you will realize that how profitable they are. Reaping reward on time is compulsory and for it one has to keep eye on prediction and price chart. Ask from doge investor most of them will recommend to put money into doge because they find it as a profitable investment.
full member
Activity: 350
Merit: 116
December 16, 2023, 09:16:40 AM
#61
Meme Coin is hard to believe. If you trap all the meme coins in a net, most of the meme coins will escape through the holes in the net, only a few meme coins will be trapped in the net and may be fruitful in the future. The number of meme coins that survive in the market is due to strong community promotion. If we notice the names of Dogecoin, Shiba Inu, Pepe Coin, Floki, BoneShiba Swap Coins are known in the market. If you can shoot the arrow in the right currency you will profit from it, otherwise forget  all about it.
sr. member
Activity: 420
Merit: 260
DGbet.fun - Crypto Sportsbook
December 16, 2023, 09:10:31 AM
#60

Meme project are not for long term but high profit in short time. The only thing is to research for best project among many new projects.

Yeah you are correct about the fact that meme coins are good for short term holding, and I approve of that but what I am saying is, the risk associated with meme coin investment is just too much, even for a newbie or an advanced pro trader or investor. Meme coins might be the next target for hackers and scammers to penetrate through. Beside I didn't say they are all scam project or were created for scam purpose either. C'mon mate you know what am talking about, so stop acting a novice.
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
December 16, 2023, 08:59:52 AM
#59
It's so embarrassing that many of our investors now follow after trend and forget all that they have learnt so far. The risk associated with meme coins are just too much for me  to comprehend, coins that were made out of joke inspiration are not worth investing in, majority of shitcoin and scam project are meme coins, though they can initially seem promising by giving their investors some sort of profit, but they can still crash to price zero with the twinkle of an eye. What happened to dogecoin and it's massive adoption is as a result of the manipulation Elon musk did, his influence made the coin grew to this length. Nevertheless it's still not safe for investment.

I am not agree with you, are you think that memecoin other than doge are created for scam purpose? Shib, Pepe, Xsats all are meme coins but accepted by many exchanges and that's it. The project you promoting (Elon) is also Meme coin than what will be your thoughts on this project? If you think it is shit project and should not profitable then how you could promote to others and If you think it will give profit then you should rethink your above post.

Meme project are not for long term but high profit in short time. The only thing is to research for best project among many new projects.
sr. member
Activity: 420
Merit: 260
DGbet.fun - Crypto Sportsbook
December 16, 2023, 08:33:22 AM
#58
It's so embarrassing that many of our investors now follow after trend and forget all that they have learnt so far. The risk associated with meme coins are just too much for me  to comprehend, coins that were made out of joke inspiration are not worth investing in, majority of shitcoin and scam project are meme coins, though they can initially seem promising by giving their investors some sort of profit, but they can still crash to price zero with the twinkle of an eye. What happened to dogecoin and it's massive adoption is as a result of the manipulation Elon musk did, his influence made the coin grew to this length. Nevertheless it's still not safe for investment.
hero member
Activity: 812
Merit: 636
Leading Crypto Sports Betting & Casino Platform
December 16, 2023, 08:32:09 AM
#57
meme coin in general are just gambling in disguise, it's just full of manipulation, even the recent arb doge are just manipulation.
but within this manipulation lies opportunities of taking advantage the coin and scoring massive return only if you know the right entry.
so basically, if you are clever enough you gonna make good profits.
I don't see meme coins/tokens the way you explained it and the way to earn from them is just the same way to earn from other coins and tokens. Cryptocurrencies don't have such a huge distinction from each other except for the difference in popularity and acceptance. It is proper to say that meme coins are for the vibe, just as the name implies "meme," there is no utility but we should never limit them to that. In cryptocurrency, there are many coins/tokens that are claimed to lack utility, just like Bitcoin. Some even argue to the point that Bitcoin is never a security. But with people appreciating cryptocurrency and committing their money to it, those cryptocurrencies becoming a means of storing assets and also for buying and selling (medium of exchange). Is that not utility enough, or is that not what financial securities are meant for?

For this, in the cryptocurrency space, the meme is more than the term in the normal sphere and they are often turned into something more useful as long as the coin/token becomes popular and widely accepted. In some cases, there are some till today that are now useful and accepted by many. This is what matters, the relevance people place on them.
sr. member
Activity: 1428
Merit: 326
Eloncoin.org - Mars, here we come!
December 16, 2023, 07:34:49 AM
#56
We cannot be contemplate Meme coins to be most powerful asset with fruitful results because most of the time meme coins fall off to zero worth. Choosing of meme coin is done by numerous individuals because they have a desire for sprightly financial gain but they are heedless about pitfall.

Some meme coins are also morally correct and they can give higher return and example of such coin includes Shiba inu and doge coin but I think all the time you should not trust meme coins as it will lead you to have worried thoughts instead of any net income. People move towards meme coins for investment purpose via noticing the attainment of doge coin but remember that all meme coins are not like a doge.
full member
Activity: 560
Merit: 161
December 16, 2023, 06:48:42 AM
#55
Meme coins can't be predicted and it is very risky in the market,  it is very important for people not considered as a major investment that should be taking serious,  it can be investment that people can gamble with with little amount that they can afford to lose. With the experience of meme coins over the years it is dangerous to take meme coins as a major investment.  Meme coins are not reliable in the cryptocurrency market, having meme coins is like playing gambling.
member
Activity: 532
Merit: 17
Eloncoin.org - Mars, here we come!
December 16, 2023, 01:21:10 AM
#54
  The majority of meme coins will not give us a profit. Most of them can only be hyped. I can only name a few of the meme coins that can be said to have the ability to give us profit.

  Imagine How many years has cryptocurrency been in this business industry? We can count on our fingers the meme coins that have remained in this field of business, in fact, and Dogecoin was the first, followed by Shib, followed by Pepe Coin, Floki, and others. As long as you continue to be careful and do it, it's still at your own risk.
sr. member
Activity: 1008
Merit: 262
Social media moderator/chatter
December 15, 2023, 03:57:46 PM
#53
On the other hand, memecoins can also present opportunities for short-term gains. With a solid understanding of technical analysis and, in some cases, access to insider information, traders can potentially profit significantly from short-term price movements
TA will not work on meme coin. it's pure gambling. You will able to get profit once you were jaoining early but you will earn nothing if you are joining too late. It's also having big chance to be rug pulled by scammer. There are so many scammers are making shit coin right now. Only fewer shitcoins are legit. The rest was just scam coins that already made by scammers. This is must become the main concern by anyone.
There are many meme projects in the market and categorizing them to be meme coins is not difficult to know. Also there are somw questions we don't need to waste our time asking here because it is going to take long time for us to get reply from reputable people that will give a more relaxing opinion. There is no question we are looking for that we can't get on the internet. The internet is a better place to ask questions like op had asked to get a clear understanding about the cryptocurrency market.
copper member
Activity: 140
Merit: 7
US BASED CRYPTOCURRENCY EXCHANGE
December 14, 2023, 11:46:48 PM
#52
The only meme coin I like RN is Vitalik ETH because it has real utility, it's not just some elondogeinu garbage that has no utility. Vitalik ETH makes all transactions appear to be coming from Vitalik Buterin's wallet, so it's private.
No more of that elondogeinu nonsense. Quality over hype! 👍🚀
copper member
Activity: 140
Merit: 7
US BASED CRYPTOCURRENCY EXCHANGE
December 14, 2023, 11:45:46 PM
#51
Meme coins are too risky to invest, I lost a lot of money investing on meme coins, so i can never invest on it again, though most daily traders make a lot profit investing on meme coins.
vesting in meme coins can be a rollercoaster. Wishing you better luck with future investments! 🚀
copper member
Activity: 140
Merit: 7
US BASED CRYPTOCURRENCY EXCHANGE
December 14, 2023, 11:16:48 PM
#50
It's a risk to invest in meme coins, and I suggest that you put money that you are willing to risk because it will be a problem if you risk everything. You need to know that you are getting into something that is not predictable and more volatile than Bitcoin because it needs to be established. Be careful with that for sure.

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jr. member
Activity: 840
Merit: 6
April 23, 2023, 07:50:53 PM
#49
The only meme coin I like RN is Vitalik ETH because it has real utility, it's not just some elondogeinu garbage that has no utility. Vitalik ETH makes all transactions appear to be coming from Vitalik Buterin's wallet, so it's private.
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