What could have happened to all meme coins - page 2.

Oasisman

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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)

Memecoin is actually a shitcoin, regardless if it has market value or not. Though the most successful ones may not be considered one, but we're not talking about the value here to determine if it's a shitcoin or not, but it is the real use cases that matters.

Quote from: cryptoknightt on April 06, 2023, 03:15:42 PM

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

~snip~

Without Elon Musk, I think Memecoin will still exist, but it won't be as big as it is now until it reaches the top 20 on the market cap.

Yes it would still exist but not all of these memecoin will, none after the Dogecoin. Shiba was created and yeah it might exist but without Elon, that memecoin is irrelevant.
After Shiba, there could be no more memecoin after it without Elon's memecoin hype.

Teraboy

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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.

So many meme tokens already dead and why don't you even aware about that? All of meme tokens have same chances to be another shit again. People are actuially gambling in meme token. It's a common knowledge right now. It's pointless to call that if meme token as investment. Meme token has nothing to be offered and it's only pump and dump token. I see there's no thing even worst than meme coin in crypto

cryptoknightt

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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?

Without Elon Musk, I think Memecoin will still exist, but it won't be as big as it is now until it reaches the top 20 on the market cap. One of the reasons why Meme Coin can be as big as it is now is because Elon Musk with the hype he created with the meme coin he tweeted on his Twitter make memecoin seen by people who didn't know before, so they know about memecoin

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Quote from: siniminomorocomunisakito on April 06, 2023, 10:28:42 AM

Meme coins, also known as "joke" coins or "dirt coins", have gained popularity in the cryptocurrency market due to the ease of creating new coins and social media hype. Elon Musk's endorsement of Dogecoin has contributed to the rise of the meme coin, but its long-term prospects may be uncertain due to its volatility and lack of substantive use cases. My opinion is that investing in meme coins is permissible and not prohibited but one has to be careful and evaluate their potential carefully before investing don't let the Rug pull anyway.

Dogecoin is just an instance but a proof of how memecoins are empowered in this industry. Dependent with hype which triggers a demand, and eventually resulting to a price increase. Problem with memecoin is price sustainability, IMO. Hype won't last forever. These tokens are highly affected by market behavior as well. As long as a token has no utility, it would only be interest which could create a demand for something. And that interest could be boosted by influencers and organizations. Question is when? When will these coins be able to recover. They indeed reached and broke ceilings before but after that, there's none. The only thing left to investors are hope for another occurence.

coinerer

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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?

Meme coin was once a big hype which attracted many investors and forced them to invest. One of the reasons for this is the excessive debate about Elon Musk's meme coin, especially Doge coin. But now due to the bad condition of the market and the creation of hype with other new technologies and features in the market, the situation of Meme coin going to bad condition. However, there is doubt whether meme coin will be hyped in the market again in the future and there is no guarantee whether meme coin can do anything good again.

siniminomorocomunisakito

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Meme coins, also known as "joke" coins or "dirt coins", have gained popularity in the cryptocurrency market due to the ease of creating new coins and social media hype. Elon Musk's endorsement of Dogecoin has contributed to the rise of the meme coin, but its long-term prospects may be uncertain due to its volatility and lack of substantive use cases. My opinion is that investing in meme coins is permissible and not prohibited but one has to be careful and evaluate their potential carefully before investing don't let the Rug pull anyway.

kevinzxz

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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.

wxa7115

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Quote from: Teraboy on March 28, 2023, 06:18:16 PM

Quote from: Bay_Harbour_Butcher on March 26, 2023, 10:04:05 AM

In my opinion, not all meme coins are bad, in fact, even though many meme coins have died, there are still some meme coins that have survived, but I really don't recommend investing in meme coins, because the potential for meme coins to develop is very small in the future

All of meme tokens are bad. There are no good meme tokes. The main purpose of meme tokens were only for the funny purpose. Some people were using meme tokens as speculations as well. This is also very bad thing. meme token will become pump and dump token at the end of story. Even doge coin and shiba inu are also bad meme tokens. These tokens are having big marketcap just caused by the hype. Nothing useful from those meme tokens. THat's the truth. You can't deny that.

It is that simple, anyone that thinks otherwise does so because they have earned a great deal of money with meme coins or they are expecting to do it, basically they are only thinking about the economic benefits they can get and nothing else.

However when we begin to think about meme coins and how they work it is easy to realize they do not really bring anything to the community, except yet another coin which can be used to speculate with, and it is not like we need more of those when we have so many altcoins which serve the very same purpose already.

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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?

All this memecoins only became popular after dogecoin was a success so if dogecoin didn't explode as it did then they won't have come into existence. Those project weren't even developed few years back.

We only had one memecoin which was dogecoin so all this other memecoin are just benefiting from the fame of dogecoin, people are only investing in it with the hopes of getting similar gains of dogecoin.

This kind of behaviors is common in the market since lots of project comes as a result of the success of similar project in the same section. We won't have had layer 2 project if polygon wasn't successful.

Teraboy

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Quote from: Bay_Harbour_Butcher on March 26, 2023, 10:04:05 AM

In my opinion, not all meme coins are bad, in fact, even though many meme coins have died, there are still some meme coins that have survived, but I really don't recommend investing in meme coins, because the potential for meme coins to develop is very small in the future

All of meme tokens are bad. There are no good meme tokes. The main purpose of meme tokens were only for the funny purpose. Some people were using meme tokens as speculations as well. This is also very bad thing. meme token will become pump and dump token at the end of story. Even doge coin and shiba inu are also bad meme tokens. These tokens are having big marketcap just caused by the hype. Nothing useful from those meme tokens. THat's the truth. You can't deny that.

cafee_orange

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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?

meme coins are always there without elon musk.
everyone who creates a memecoin project expects support from large investors, without the support of Elon Musk other memecoins will also grow and move in the market.
as far as i know, elon musk only improves and supports dogecoin, apart from that it seems that there are no other memecoins that are supported by elon musk

Dragonfund

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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?

Let be clear and say the truth to each other, meme is as gone as good and they are done because they lack utility, they don't have anything to offer people except the usuall don't miss out and manipulation of prices by big whales. I was laughing one of my friend that still think baby doge will make another 20x because he has lost more than half of the money he has invested in the shit coin. As for Elon, don't look like person who have interest in those kind of shitcoins, the utility they tried to add to doge have all been disband, what is there to promise the community again? None I think.

Mr.sprin

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coin memes have no movement except with the touch of rich and influential people like elon musk for example he is able to increase the price of doge coins as well as other coin memes if someone like elon musk touches a shiba coin surely the price of shiba will go up.

carrie_white

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the reputation of meme coins is bad enough in the eyes of investors, because most meme coins only go up based on temporary hype, after that meme coins will die, but there are also meme coins that still survive of course one of them is doge, doge rises also due to the elon musk effect, after Doge has sunk again, so I think it's an unwise decision to invest in meme coins

ichsan ardi

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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 think if there is no Elon Musk factor to coin memes, maybe coin memes like Shiba are very difficult to enter the top 20 coins on the market cap, it is difficult for meme coins to reach its current point if there is no Elon Musk because Elon Musk is the biggest factor for coin memes to reach this is the point now. Many people know coin meme from the hype of Elon musk, in my opinion, if there is no Elon musk coin meme, this is just my view of meme coin without Elon musk.

Iadegbola34

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Quote from: isaac_clarke22 on March 26, 2023, 12:21:06 PM

Quote from: Bay_Harbour_Butcher on March 26, 2023, 10:04:05 AM

~

They're simply just bad. We all know memes are just part of internet culture and not something to be taken too seriously especially with money. I would not truly categorize it as a purely shitcoin, since somehow it still has that value from being popular internet culture but still my point stands.

And yes, I wouldn't even recommend others even my friends to just hop in straight to the hype of meme coins. It ain't risking your sanity over short-term pumps.

Exactly. Anyone with investment in mind should not put money into meme tokens. Meme tokens are for gamblers, they can go to zero any moment and yes, they're not different from shitcoins

isaac_clarke22

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Quote from: Bay_Harbour_Butcher on March 26, 2023, 10:04:05 AM

~

They're simply just bad. We all know memes are just part of internet culture and not something to be taken too seriously especially with money. I would not truly categorize it as a purely shitcoin, since somehow it still has that value from being popular internet culture but still my point stands.

And yes, I wouldn't even recommend others even my friends to just hop in straight to the hype of meme coins. It ain't risking your sanity over short-term pumps.

Oceat

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I wonder if Elon Musk would do the same thing as what he did in Bitcoin in the past perhaps all of these meme coins will down to nothing just like what happened to Luna. Different types of meme coins are popping just like a mushroom riding with the hype ever since Elon pumped that meme coin but without him, this coin might be on the death list soon since investors will eventually starts dumping if there's no liquidity movement in the market.

Bay_Harbour_Butcher

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In my opinion, not all meme coins are bad, in fact, even though many meme coins have died, there are still some meme coins that have survived, but I really don't recommend investing in meme coins, because the potential for meme coins to develop is very small in the future

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Quote from: Iadegbola34 on March 25, 2023, 09:55:46 AM

The answer to that is what will see everyday. There are thousands of meme tokens created everyday and they all end up dead, now that Elon support for meme tokens has dwindled we can see the effect it has on meme tokens.

Elon doesn't have impact to influence people anymore. People became even smarter from day to the another day. As you can see that so many times elon was tweeting about shiba or dog. His influence is not as big as before. People knew that if elon is always making so many gimmicks.

All of meme tokens have the same faith to be dead in the future since people who were actively gamble with meme token will be moving on.
There are bunch of new trends in the market. People can pick more tokens to be used as a way to doubled or even triped their money without going through meme token.

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