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, there are slim chances of meme coins being pumped, I am not certain Elon will be active with cryptocurrency as he was in the last bull market. Having recently announced he no longer holds bitcoin, he is discouraging the audience that took his recommendation in this area. He has a strong interest in politics and has invested a lot of energy in Trump's campaign. No one can be bigger than the second richest man in the world, but I do not rule out another big influencer coming to the space. 
Topic: What could have happened to all meme coins - page 4. (Read 683 times)
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?
Talking about trust, are they really worth it? Perhaps they are meme coins the majority of them have no use case, how could we trust them to put our money? They are indeed not worth it but yes, sometimes we accept the reality that hypes and the influence of known personalities can bring changes to the mindset of the investors and turned out that despite the risk of investing in these meme coins, many people still buy them. Newbies usually got into this kind of investment, some got lucky and made money during the hypes but many got hooked up and lose their hopes. That is why even though we know it was meme coins, still these projects exist - Dogecoins and Shiba, and more are coming.
~
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. 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.
Shiba inu might not be names Shiba inu if Doge was never pumped by Elon musk, many mem coins comes to life after Doge was supported by Elon Musk, I doubt they would become anything if not for the Doge coin supporter aka Elon Musk.
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. Pure investing is not how cryptocurrencies make sense. Over time and the explosion of the meme coin in 2021 may change the role and change the approach and perception of the free market but also don't forget that the meme coin has a big risk of sustainability.
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?
The end of all these coins is like the end of hundreds of Bitcoin clones that had appeared in the period between 2013-2016 for no reasons except pure speculation, pump and dump schemes. Indeed, meme coins have bigger opportunities to scam people now, because the number of crypto users is much more now than that period with a lot of newbies who just joined the market depending on friends' advises and look for huge profits in short time, that why most people who ask about meme coins are newbies. However, the profit possibility still exist as everything pump together in crypto, but when someone looks for long term investment without worrying about sudden dump to zero, meme coins won't be the suitable for them.
In my opinion, the only meme coin that deserves to stay in the market is Dog coin, not because it's supported by Elon Musk, but because it has been in the market for long time, and managed to create legit community, as well as its developers have dumped their coins, so the price is only subjected to supply and demand factor.
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
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 don't think there will be as much hype in 2021 about coin memes, Elon Musk was in the center of attention at that time because he was the richest person in the world in 2021 with his company, it was because of that name that the Doge coin meme became an attraction because the status of the richest man was attracted on coins that do not have utilities that are really useful in the running of a network and market needs.
I think about the presence or absence of a meme coin if there wasn't Elon, in my opinion there would have been but it wouldn't have been as hype at that time, like shiba inu which is one of the coin memes that has a large community and is still in the top 20 cmc it seems began to fade and was not noticed anymore even though the shibarium issue was about to be released.
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 Elon Musk never supported Dogecoin (meme coin), then of course no meme coin would appear, because meme coin started to appear and become popular as a result of Elon Musk tweeting about Dogecoin and supporting Dogecoin, so that makes a lot of new meme coin that are popping up, therefore in my opinion investing on meme coins is very high risk.
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 Elon Musk never supported Dogecoin (meme coin), then of course no meme coin would appear, because meme coin started to appear and become popular as a result of Elon Musk tweeting about Dogecoin and supporting Dogecoin, so that makes a lot of new meme coin that are popping up, therefore in my opinion investing on meme coins is very high risk.
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?
What I witnessed about the token meme was one of the multi-tiered patterns in the market that were subtly disguised.The information hype with them, everyone rushes to see the profits come fast and big, it's like playing the lottery, if you're lucky you will receive a huge amount of money right away.
And the greed of every market participant was pushed up even more when a bunch of crap was created, I'm not personally a fan of these things, but if these memes show value I still support them, not only at the meme criteria but it needs to change the development plan, I think the number of projects that need to change their strategy to adapt to the market otherwise they will just be dead project.
Death, what do u think is gonna happened?
That's too harsh mate, but I see it as well. They are one os those thousands of shitcoins that just only become life when there is someone playing it and it eventually just dies then when it ends. Quote
Make one single green and then downtrend until the ground while all-people already cannot sell anymore due there is not enough liquidity or volume trading anymore. It's only using HYPE & Name Dog Only.
No-use case at all.
This is the reason why I was skeptical of these projects. Though I was amazed at Shiba Inu before but can't neglect the part that it was a no-use case which is really worrying when drops come as it was pretty hard to recover or the worst it will die. No-use case at all.
If we look for investment, we better make choose of potential coins that already have an overwhelming performance and are continuing to grow despite the bear condition.
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?
Holy crap, I can even recall similar coins like Star-something Inu that I saw just here couple of months ago. People are really milking the crap out of these meme coins to drought huh.If Elon was not a celebrity, there would be obviously nothing to pumped about these meme coins. Look at the price of Doge in the early 2021. That massive rise is not really normal in just almost less than a week. Well we obviously know where the pump originated, right?
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
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?
Meme coins in general doesn't have any use case at all... or I should say that DOGE has a use case while SHIB?? I don't know if there is any at all. SHIB just increases on it's rankings because of Elon Musk hyping it. Surprisingly, it stayed on the top in terms of market cap for an unknown reason. What would have happen to meme coins? Will there ever be any if Elon never existed?
Most of the meme coins will die like what always happen. They hype of memecoins was when Elon hyped DOGE and SHIB. After that, lots of memecoins emerged. Some are scam, some are just useless, worthless shitcoins. Some become deadcoins, and some have been abandoned by their developers. Anyway, even without Elon, DOGE has always been at the top for a long time already. It has been on the top 100 in terms of market cap.
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 usually grow through a hype. And Elon Musk is the big support behind these two coins Doge Coin and Shib Coin. Investors have a good belief that he is the owner of these coins, even if he is not. If Elon Musk doesn't doesn't support then all these coins will have a big impact because they have no product of their own. Nothing stands out except the hype. Although Shib Token Authority has been introducing some products in the market in recent times, they have not been effective so far. Moreover, we all know that the price increase of these coins are possible only because of Elon Musk.
Elon Musk, I believe, had a huge influence in the emergence of Dogecoin by introducing it to the mainstream and creating enthusiasm around it. But, I believe that the success of meme coins is mostly due to the community's enthusiasm and capacity to generate FOMO, which leads to increased demand and higher pricing. Shiba Inu, a meme coin, is following in the footsteps of Dogecoin by capitalizing on the enthusiasm surrounding the meme coin market. While the technology underlying these currencies may not have a specific function, their popularity and success are driven by the community's enthusiasm and excitement.
let's admit the fact that Elon really did contribute in the rise of popularity of doge among the users, even noncrypto users. but before, we are enjoying very cheap tx fees from doge, hence, a lot of old crypto users are using this old meme coin mainly for transfer purposes. as it is available in most trading platforms, you can use this coin for such purpose. however, when its price went up, and so its tx fee. there are now other alts that are cheaper than doge. and now, doge becomes like an investment coin, for the reason that holders are hoping that one day, it will pump again just like whenever Elon is mentioning it in his tweets.
Elon Musk is the driving force behind both Dogecoin's big surge and subsequent drop, which makes it challenging for the altcoin to recover stronger. Every time Elon Musk tweets about a coin, it quickly rises to the top of the bull market. He is a major market influencer and a "whale," and his investment in the coin by itself will propel it to new heights. He will withdraw when he has generated enough profits. Considering TRX is a moderator-abandoned project and the trends won't catch up with it any time soon, I don't see any solid future in TRX. 
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?
Doge was the original meme coin which was originally started as a joke. I don’t really know why Elon backed it so much, I think he just enjoyed the love he got from the community & he’s a little bit of a troll. Doge will never go mainstream & be a means of payment in the real world.
I don’t think SHIB & the lesser known meme coins would have done as well without Elon pumping & shilling it no. Lots of people who invested in them made a lot of money, they can definitely be thankful to Elon for his part in the success of these coins.
I don't give hope to the people but of course, I don't stop them either. Yet they must also know the risk of buying these coins as it never gives any assurance for ROI.
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?
Doge was the original meme coin which was originally started as a joke. I don’t really know why Elon backed it so much, I think he just enjoyed the love he got from the community & he’s a little bit of a troll. Doge will never go mainstream & be a means of payment in the real world.
I don’t think SHIB & the lesser known meme coins would have done as well without Elon pumping & shilling it no. Lots of people who invested in them made a lot of money, they can definitely be thankful to Elon for his part in the success of these coins.
Dogecoin have been stayed on top 10 coins before Elon Musk joined cryptocurrency world, so either Elon Musk support meme coin or not, meme coin is always a meme coin. At the end all of them will become a dead coin, it's just used to make quick profit by taking advantage over pump and dump. So if you're looking to invest for long term prospect, you're better to stick with Bitcoin.
Are you entirely sure about that? I can promise you that back in 2015 it was definitely a top 10 one because there weren't really that many which was great. But if you read this article you will see the truth; https://cointelegraph.com/news/dogecoin-ranks-among-top-10-crypto-assets-for-first-time-since-2015.As you can see it is top ten ranked in 2021 and it hasn't been in top 10 from 2015 to 2021, which is 6 years. Hmmm, what has happened in 2021 that made it go up that way? of course Elon did. So if you ever question that Elon wasn't the reason why it went up, just reopen this article and ask yourself is that true or not and stop convincing yourself that its anything else.
let's admit the fact that Elon really did contribute in the rise of popularity of doge among the users, even noncrypto users. but before, we are enjoying very cheap tx fees from doge, hence, a lot of old crypto users are using this old meme coin mainly for transfer purposes. as it is available in most trading platforms, you can use this coin for such purpose. however, when its price went up, and so its tx fee. there are now other alts that are cheaper than doge. and now, doge becomes like an investment coin, for the reason that holders are hoping that one day, it will pump again just like whenever Elon is mentioning it in his tweets.
Jump to: