What could have happened to all meme coins

Fredomago

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Quote from: hamba laeh on May 11, 2023, 10:49:01 AM

Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

in my opinion, elon musk has a big influence on the growth of coinmeme, namely shiba inu. but that doesn't mean that memecoin can't develop without Elonmusk. because every altcoin developer must have a strategy for promotion and sales. and if it was without elonmusk some time ago then i think shiba inu and some other memecoins that musk tweeted wouldn't be as big as they are now and shiba inu wouldn't be in the top 20 on coinmarketcap.

Meme project was already there even without Musk though we can't deny the fact that it was Musk who really created the big push for this kind of assets making investors believes that in each meme project there're opportunities of being pump and if you are lucky, riding with the project you will earn huge compensation the way those early holders have when both Doge and Shiba was pumping so hard.

It's mostly from how you take the risk and how good you are in analysing the pump to ride along with meme project that will be used as instruments of pump and dump project.

fvb

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

It is understandable that such well-known people promote projects and people listen to their opinion. But basically, such tokens are based on the support and interest of the community of involved people who promote the project with their interest. To be honest, I myself do not understand what is the use of such tokens and therefore I never invest in such tokens

hamba laeh

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

in my opinion, elon musk has a big influence on the growth of coinmeme, namely shiba inu. but that doesn't mean that memecoin can't develop without Elonmusk. because every altcoin developer must have a strategy for promotion and sales. and if it was without elonmusk some time ago then i think shiba inu and some other memecoins that musk tweeted wouldn't be as big as they are now and shiba inu wouldn't be in the top 20 on coinmarketcap.

abel1337

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Quote from: Pierre 2 on May 10, 2023, 11:38:43 AM

Obviously ones that are true internet memes will survive. Like that doge, shiba and even pepe. These were all internet memes for years and years. I kept seeing these around all the time. There are passionate lovers of these memes. Others are all gonna die. Meme coins are nothing. They mean nothing in terms of investment. They are just coins to speculate on, make money and dump, in summary. But I think trio I mentioned here will always live on.

Do you think that the coins that you mention will survive after few bear markets if the hype or trend of this coins died several times? I don't think that the majority of people who have these coins right now will still support it if the value of the coins go down just like any other coins. I agree that they are serving their purpose now as a money machine by pumping and dumping it in the market but I personally don't think that this will survive for a several bear market as people realized and get tired of how things work with these meme coins.

dlightag

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In every session, they will be a person to stand as a supporter, which meme coin's has already created before Elon musk tweet about Doge Coin, that makes it skyrocket, which other meme coin's trending towards moving trend of the market bull run.

Pierre 2

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Obviously ones that are true internet memes will survive. Like that doge, shiba and even pepe. These were all internet memes for years and years. I kept seeing these around all the time. There are passionate lovers of these memes. Others are all gonna die. Meme coins are nothing. They mean nothing in terms of investment. They are just coins to speculate on, make money and dump, in summary. But I think trio I mentioned here will always live on.

bittick

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It is possible that Elon Musk is the one who created the meme coin.

But I don't think that Elon Musk is the one who created the meme coin.

The meme coin is a very big deal to be considered as not a meme coin, it is a meme coin.

It is a meme coin.

that can't be the case considering the fact that meme coin has existed long before meme coin start shilling for some random tokens, elon isn't the one who created meme coin, he's just shiller.

carlfebz2

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

We cant really tell but honestly, meme coins do sparked up their relevance or into the existence of this market on the time that Elon did make some involvement or creating up some hype.This is the real deal when

dealing up with this crypto space which anything could really happen unexpectedly on where we should really anticipate about probabilities.We dont know about the future if ever Elon didnt hype up Dogecoin
which it did make up the hype for meme coins once again.

Although it doesnt mean that it would really be that ideal on investing on meme coins every now and then.There are lots of shit coins who had been copying it out.

Questat

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Quote from: shinratensei_ on April 10, 2023, 05:44:00 PM

majority of them are done for, there's certainly reason why many always advice, if you are investing in meme coin at least invest in coin that have good trading volume so at least you can easily liquidate your assets if you truly need it, now so many of meme coins out there dying, because while they have no utility at all, they are also need to maintain their trading volume so they're not getting delisted, but right now the flow of investments going towards these meme coin in general has been significantly reduced, that I think it'd hard for them to ever regain their former glory at all.
I'd say, it's always better watch out if you have any investment in these meme coin for any potential delisting which could turn your meme coin value into nothing, basically you can lose all your money, or maybe you should just move over your meme coins investment to the other more famous meme coin like shib and doge, at least they're guaranteed not getting listed, since their trading volume are still quite high enough, even though there are some other meme coin that might make some comeback in the future.

On the other hand, investing in meme coins is too risky especially if we aim for the long term.
I know that many people are still buying some of these meme coins like Doge and Shiba, and many people are riding the hyped. And the reason why they are doing this is that they also know that these coins could give them profit when selling them in timing. These coins are good for the short term but if we think about the future of these projects, doubted see them still alive. Maybe Dogecoin and Shiba Inu still exist but I don't think the others.

Xal0lex

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Quote from: worle1bm on April 07, 2023, 12:23:34 AM

Have you heard about these meme coins before any influence? They were temporarily pumped just to gain personal profits but if you have invested in them and still hold them you are at big loss because they don't have any survival chance.They will be lying dead in your wallets after few years without any value at all because when there will be no liquidity to whom would you sell? If there's nothing to offer the potential is zero which is what these meme coins have so ignore them.

Unfortunately, many people will realize this only after a few years, when they finally get the enlightenment that it turns out not all meme-coins behave like DOGE and SHIB. There's no use trying to explain it to such people. There are a lot of articles and warnings about this, but people are still carrying their money in such projects, thinking that soon they will become rich, in addition some kind people told about this on YouTube, and they can't cheat their subscribers. All bloggers are honest and unselfish Cheesy

gurunanakji777

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New projects cannot easily rise without any support, except for product-based coins that gradually increase in value. However, with meme coins, it's like gambling where pump or dump can occur at any time. It's advisable to book profits when they are available and holding these coins long-term is very risky as we never know when the coin's value may plummet and never recover.

shinratensei_

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majority of them are done for, there's certainly reason why many always advice, if you are investing in meme coin at least invest in coin that have good trading volume so at least you can easily liquidate your assets if you truly need it, now so many of meme coins out there dying, because while they have no utility at all, they are also need to maintain their trading volume so they're not getting delisted, but right now the flow of investments going towards these meme coin in general has been significantly reduced, that I think it'd hard for them to ever regain their former glory at all.
I'd say, it's always better watch out if you have any investment in these meme coin for any potential delisting which could turn your meme coin value into nothing, basically you can lose all your money, or maybe you should just move over your meme coins investment to the other more famous meme coin like shib and doge, at least they're guaranteed not getting listed, since their trading volume are still quite high enough, even though there are some other meme coin that might make some comeback in the future.

uneng

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Quote from: GNNcrypto on April 10, 2023, 06:02:51 AM

Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

If Elon Musk hadn't supported Doge coin, meme coins may not have been as popular. However, the success of a project depends not only on the support of well-known individuals, but also on many other factors, such as ideas, team, technology, and community support. Perhaps meme coins could have developed more slowly, but they still would have had a chance to succeed if they had unique ideas and opportunities for growth.

Elon Musk used all his influence to boost memecoins to a level of importance they would never be able to reach by themselves or through common advertisement methods like bounty campaigns. Only DOGE would remain popular in every cases, because it was already one of the favorite classic coins in crypto universe by many enthusiasts, even without Musk's support. What Elon did was to push DOGE to a new price range, consequently pushing all the trash of the memecoins' niche as well and unfortunatelly luring investors to losses, especially regards SHIB investments.

smyslov

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

I would like to remind you that these meme coins will not and never will exist if Elon did not support Dogecoin, the hype and the pump of the price triggers the creation of these meme tokens/coins, and developers and investors think the same if it's something that will generate them the profit they will support or invest on it.
So we can conclude that if Elon stops supporting Dogecoin that will end the meme coins trend, they are just there because the support is still there.

GNNcrypto

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

If Elon Musk hadn't supported Doge coin, meme coins may not have been as popular. However, the success of a project depends not only on the support of well-known individuals, but also on many other factors, such as ideas, team, technology, and community support. Perhaps meme coins could have developed more slowly, but they still would have had a chance to succeed if they had unique ideas and opportunities for growth.

justdimin

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Quote from: kevinzxz on April 06, 2023, 09:07:56 AM

it's possible that meme coin will be the same as shit coin (has no value), that's why I don't like investing in meme coin, because people invest in meme coin just because of hype and not because meme coin has a good project, that's why meme coin very risky and doesn't make me interested to investing in meme coin.

Yeah true and it is a sad fact that not many of the people in the world get to see that. Everyone should be able to understand and see the fact that memecoins are equal to shitcoins and none of them should be invested. And yet even after a huge bear run we are not seeing people do anything about it at all.

I have absolutely no idea why, it should be easy to see and figure out that they are both terrible and should not be invested into, but yet meme tokens and coins still have some value, doge is even in top 10, and shiba is not far off behind neither. That is tragic and people will end up losing so much because of this tragedy, it is just matter of time.

Weawant

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Quote from: kevinzxz on April 06, 2023, 09:07:56 AM

it's possible that meme coin will be the same as shit coin (has no value), that's why I don't like investing in meme coin, because people invest in meme coin just because of hype and not because meme coin has a good project, that's why meme coin very risky and doesn't make me interested to investing in meme coin.

Shitcoins are coins that have no value and only launched to scam their investors, most meme coins are shit coins but not all memecoin are worthless. We have coins like Shiba Inu and dogecoin giving their investors profits.

Many of the meme coin in existence and those yet to be launched will go out of existence jn a very short time because people will get tired of them and they won't be giving profits like the newly launched ones or veey population ones.

Memecoins aren't to be invested in with hopes of future gains but just as a joke so if the investment was to tune out unsuccessful, you won't be angry or lose much. Investing in meme coin is more of gambling than investing.

lienfaye

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

If there's no Elon's influence, these meme coins are nothing because it's just a pump and dump coin with no real use case. Probably by now shiba inu and other meme coins are not popular anymore since investors already dumped their coins after the hype. But because of Elon, these coins are still existing though it's still risky to engage yourself since we know they're not an established coins that can last for long period.

Thus if you want to invest in these coins make sure you're aware of the risk.

Reatim

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Quote from: GEMIN_M4 on March 22, 2023, 03:02:22 PM

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

SHIB already made up to top20 and even top 14 now https://coinmarketcap.com/currencies/shiba-inu/ but about the faith of Meme coins like those you mentioned? I think Only Doge and SHIB has a good future and those baby doge and Volt? expect them to die or at leasn be used to be pumped and dumped .
so be careful to what are you believing because this might end you losing more than you expecting .

worle1bm

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Have you heard about these meme coins before any influence? They were temporarily pumped just to gain personal profits but if you have invested in them and still hold them you are at big loss because they don't have any survival chance.They will be lying dead in your wallets after few years without any value at all because when there will be no liquidity to whom would you sell? If there's nothing to offer the potential is zero which is what these meme coins have so ignore them.

Topic: What could have happened to all meme coins (Read 683 times)