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Topic: What could have happened to all meme coins - page 3. (Read 654 times)

full member
Activity: 1708
Merit: 126
I don't think those coins would pump if Elon didn't hype them. There were actually coins that attempted to try to be meme coins but they only ended up being bubbles. We all know that meme coins were created to be memes and they don't have a definite purpose so I don't think they would gain the trust of investors easily unless huge personalities would manipulate or hype them. One weakness that I could see in memecoins is that they aren't reliable in the long run. 
full member
Activity: 658
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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?
A few problems will continue to maintain and develop to adapt to the market, and most of them will be dead projects. To be honest with me memecoins pay like ponzi schemes, so I'm not too fond of it in my portfolio, I've been lucky enough to make money with dogecoin, shibainu,... but I just consider it myself lucky, and I also know many of my friends who are still stuck with memecoins.
in one respect Elon has had quite a negative impact on the market as many people abuse whatever is claimed by Elon to be the future development of certain fields, and this is up for review because such manipulation, but above all that we ourselves are skilled enough to analyze whether there is a risk or a return from engaging with such products.
member
Activity: 499
Merit: 16
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.
full member
Activity: 532
Merit: 100
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?

before Elon Musk contributed and pumped up the price of dogecoin, then doge would always be mentioned as a memecoin with no growth and no great future. but after Elon Musk supported Doge's price pumping, almost all Memecoin was associated with Elon musk, including shiba inu and Floki. well, in my opinion Shiba inu will walk in place without support from elon musk.
staff
Activity: 2436
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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?

Dogecoin used to be in the top 10 without any involvement of Ilon Musk, for example in 2016 Dogecoin was on the top 5 in the cryptocurrency ranking. Dogecoin certainly caught a hype after Musk started promoting it, and the only thing it affected was the price of DOGE. I highly doubt that without Musk the price would have reached 73 cents. All the other meme coins, DOGE wannabes, they would never have had that liquidity had they not been promoted by influencers.
member
Activity: 744
Merit: 10
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Without the support of the crypto community, memecoin would not exist, memecoin was created because it has utility, if the utility of the token is not there, then the price will fall and like other memecoins, tokens have no price.

Memecoins like Shiba are still around today for many reasons, strong community and having top exchanges like binance.
member
Activity: 239
Merit: 79
Volt inu is doing very well,  this meme coin devs are very active, bringing in some new ideas into this project, new listing and several burning in a bear market, I find this very impressive.

We can't predict what will happen to meme coins in future, but if the Doge coin keeps doing fine I am sure that other meme coins will do fine too, I also do hope that Elon Musk supporting Meme coin like Doge coin won't make him face some charges.
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Activity: 227
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It's difficult to predict the fate of meme coins like Volt inu, Baby Doge, and Shiba inu without Elon Musk's support. Elon's influence has been a significant driver in increasing awareness and interest in cryptocurrencies, especially those with a meme-like quality. However, other factors could have come into play that would have allowed these coins to gain traction and become successful. The crypto market is highly unpredictable and volatile, and it's challenging to determine the impact that any single individual or event will have on a particular project or coin. Ultimately, the success or failure of meme coins or any cryptocurrency project is dependent on a wide range of factors, including the quality and usefulness of the technology, the strength of the community supporting it, and the larger market and economic conditions.
legendary
Activity: 2072
Merit: 1023
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Personally, I think the coin meme cannot have a sustainable future as expected.  Most of them create hype around celebrities, especially Elon, a belief that easily makes us dummies as their entertainment.
Elon created the hype around Dogecoin and basically he was trolling from what i understand but people started to purchase them and the market started to rally and as usual seeing the hype around a meme coin, hundreds of other meme coins started to appear and majority will die down eventually but Dogecoin will sustain because it is accepted by major gambling sites unlike other meme coins.

In our view, he is toying with the market with his reputation. But speaking of investing, he is using his popularity to make his own profits, and risk takers are betting with their money to invest with him. My personal opinion is that memes will not die or disappear because they are powerful tools that sharks can manipulate for their own gain. As long as there are still many people willing to take the risk to get rich quickly, the future of memes will stay with the market. I believe that not only Doge, but also Shiba, these two memecoins will stay with us for a long time to come.
full member
Activity: 1092
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It's impossible to say with certainty what would have happened to meme coins like Volt inu, Baby Doge, and Shiba inu if Elon Musk never supported Doge coin. While Musk's influence certainly helped bring attention to Doge coin and subsequently other meme coins, it's important to remember that the success of any project ultimately depends on its own merits and adoption by the broader community. It's possible that other factors or influencers could have helped these meme coins gain traction and achieve success even without Musk's involvement.
member
Activity: 938
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They can be subject to price ups and downs in the cryptocurrency market just like other coins. Sometimes meme coins can become the subject of speculation or community influence on social media, which can lead to a sharp change in their prices. It is also worth noting that investing in memecoins can be high risk, as they often have no real value or use, and their price can only depend on public interest and demand for them.
legendary
Activity: 3248
Merit: 1130
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It will still exist, and there will be other people who will have the same idea about these meme coins.
But what could happen to them when EM didn't support them at all after creation? Gone in the wind.  Cheesy It's not like there is a real project that will back them up and it's a meme coin for crying out loud, the name of their industry already tells it's only a joke so why do investors need to go wild and risk their assets to invest with it?
Wouldn't they rather stick with the likes of Ethereum or BNB because there will always be returns from those projects that had been supported by not just one person but many? That's the obvious pick for a secured investment.
copper member
Activity: 2968
Merit: 575
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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 can't say anything for sure, but Elon's support definitely gave meme coins like Doge a huge boost. Without him, they might not have gained as much popularity or attention like they have today. Probably those coins would be some shitcoins that no one ever heard of. Or those coins would never have existed because meme coins wouldn't have been a thing and no one would have bothered to create such coins. But we all know that crypto market is full of surprises, so we can't know for sure. Though it is undeniable that Elon did play a vital role in making meme coins a lot popular than it was before.
sr. member
Activity: 1638
Merit: 425
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?

There was no use for this project or token I mean it is a meme token after all so these projects are surely going to die over time. There are actually thousands of meme tokens in the market, Dogecoin and other meme projects are launching something like ELONcoin, etc. those projects are surely dead since they are just all hype, most of these tokens have a low market price so the profit on this token is actually high when the market starts to take off and there is some risk taker who actually invests on this token especially if it is hype by a lot of influencers. But when the hype is done and early buyers already take profit theirs no point to invest in these coins it doesn't have a use.

I surely don't believe the Dogecoin movement and other high-rank meme tokens, there is some news where dogecoin will get its own use in the crypto space but I don't know if that continued. There will be Dogecoin for sure without Elon Musk but for sure dogecoin will not get a huge community and market price boost if Elon Musk doesn't hype the community that's actually a lot of investors regret.
legendary
Activity: 2338
Merit: 1354
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 believe these are just all pure hype, the product of a bull run.
On every bull run, there is a new niches that is popping, different new hypes or trends. For me yes, it may give you profits but for some people it will give them a huge losses because for some reason like they are already late to the hype and they became exit liquidity for some people who entered early.
hero member
Activity: 2184
Merit: 513
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In my opinion, there is always the possibility that meme coins will rise, but that possibility is very small, Doge was already long before Elon Musk mentioned it on his Twitter, and that is what triggered the emergence of various meme coins, most of these meme coins are bad coins, even being a scam coin, this is what makes meme coin's bad reputation in the eyes of investors
it's all about creating coins for joke with meme coin and some people out there taking it too seriously when elon just gotten into it, right now most meme coin are struggling but there are some meme coins that's still holding up pretty well, I guess it's all depends on the meme coin itself.
legendary
Activity: 3738
Merit: 1415
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?

Do ypu really have to ask this question?  Buying something like baby doge should all but bankrupt anyone who buys that to begin with.  They are coins built upon jokes what did you really expect to happen with these coins?  It was a fad that died in 2021 get with the picture.
sr. member
Activity: 1498
Merit: 443
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 support from Elon Musk, Dogecoin won't be in the top 10 coins. Dogecoin may disappear and will be no hype on meme coins.

You must remember that Dogecoin seems to lose demand before Elon Musk tweets it and gave a positive statement about it. Luckily, Elon Musk made something surprising by supporting Dogecoin, he even planned to accept it as payment for Tesla products. This issue made Dogecoin price skyrocket at that time, and people who hold Dogecoin become rich people suddenly.  Grin

sr. member
Activity: 1362
Merit: 258
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I'm sorry for what happened, I think there's nothing that can be done when our wallet has been hacked other than we throw away the wallet because the possibility of hackers returning is 99% so it's useless if we use the wallet again.
better use new wallet to do transactions and use hardware wallet to store valuable assets there
full member
Activity: 1582
Merit: 132
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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 heard about Baby Doge and this coin is also progressing. Many people were able to take high profits from this meme coin. But then, the question is, how far they are able to survive. And how can they survive the bearish and then continue to bullish era? For me, investing in meme coins are still risky, very risks. Moreover, if we are only expecting the pumped price from the hype. If there are still hypes, there may be a good price progress. But if there is not enough, meme coin era is actually ended.
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