Topic: What is all this memecoin hype about? (Read 231 times)

Well, memes behind every memecoins are already popularity. And as a cryptocurrency despite of having no ulitity most of the time, its market price movement generates profit to those who can actually ride the tide.There's no other reason; memecoins are also profitable. However, if it is for long term holding then I doubt. Most of the memecoins are having large token pool. Also,  as I mentioned there are no specific usage or in these coins, which makes sense to say that memecoins will find it hard to have a contonuous market price increase in the long run. Nothing's too great actually, but as long as investors are making profit out of its concept then, we cannot blame those who are being interested into it. All I know is to not put that much in any coin there is no matter how huge the hype is, 'coz it is hard to be squeezed once a decline starts on these coins value. Manipulation is also common in these coins which are only dependent with hype so be careful.

$PEPE, SHIB, FLOKI and the likes have impressed investors for having high price increase within a short period of time on its market prices but if you're not new in this industry, you should know that dumps would always be a counterpart. Memecoins are good still, however avoid buying on peak market prices to at least lessen the tendency of huge loss. Don't also bet on it as if this is gambling. Choose still to diversify your capital.

More than 95% of these meme coins, which only trend when the market is bullish are going to disappear weeks or months later. Their only purpose is to be bought, held, and then sold after the price increases because many people after you will buy them. Basically, If you buy early, you can profit while if you buy late, you are likely to lose your money for nothing. They are very known for rug pulls, and their owners' only intention is often to scam investors and collect money before disappearing and shutting down the whole project and communities.

Greedy individuals are the most susceptible to such trends. However, we can’t deny that there are many people who have made a good amount of money from these tokens and coins, despite the significant risks they take and some luck choosing the right project to enter early.

Money.

Making money = trading.

Yes, we've got a lot of memecoins already but the community doesn't have control of the limitation for the creation of the new ones and that's why they keep on coming. Once the trend dies when many of these memecoins will start to decrease on their value, many investors will be off and gonna avoid them. Or much worse is when scammers also flocks into creating meme scam projects just as the NFTs and other projects famously known for rugpulls

Can someone test this? I want to hear your opinion on my solution.

I built a dapp myself for my token $SURFER - https://surfer.lol

It works on iOS/Android mobile and PC device/laptop.

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What do you think of this idea for a presale?

Not just a tweet with a contract address and you send in the dark.

Speak up.

Oh, and there is no minimum purchase amount Smiley))

Memecoin hype is something that we would really be that pertaining into those 100-1000x or to those articles that really showing up that from rugs to riches or with that $10-20 investment but made out hundreds of thousands when it comes to profits on which this one really makes that fueling out that hype and it would really be something that continuing. If we do really try to check out decentralized exchanges then you would really be able to see tons of tokens launched with having that various narrative and tons of people who do love to invest with it. Yes, there are ones who do make huge money or profits but we should really be still that careful
and invest on what you can afford to lose.

You should really know on how to make yourself that versatile or something that you could really be able to adjust accordingly. Meme coin hype would be always there.
It was driven by with that Doge price jump or with next with SHIB.

There are several reasons for the hype of meme coin. An investor wants to earn a decent amount with less investment. Investors know how aggressive meme coins can be in the market, especially the percentages that Dogecoin and Shibcoin have increased and how much more they can increase in the future. When gamblers want to think of themselves as lucky investors, they try to establish themselves as lucky investors by investing in new meme coins. But there are many people who take the wrong path to realize their dreams. There are many meme coins that have the potential to lose money on investment because not all meme coins are doge coins or shibainu coins. There are many meme coins that can be lost even if the price increases temporarily. For this reason the investor must invest with caution.

Almost all the computer scientists are going into memecoins and airdrops development and they spent money to .ake it popular so the hype is trending in the globe. Really this is worrisome because the way memecoins and airdrops are entering the market is like they are planning to overthrow the main coins as military government because the force they are using to enter the market is overwhelming. The funniest part is when memecoin is dropped today before you know people have started to invest in it and next thing you hear have started making money from the investment.

There are sometimes they make money from those projects by making ordinary referrals

 The question is really worth asking because wtf would I see everywhere filled with different memecoins (shitcoins) that will disappear from the market with investors funds and a lot of people are running after this coins.

The profit making scheme of this coins is really what surprises me, because I can't even put a dime in a memecoin, sometime ago because of the hype I saw I was tempted to purchase some shitcoins but I did remember how bad the result could be so I seized from it.

I feel like this memecoins have turn the crypto space to a gambling ground where people will purchase at a little price or from the starting point and sell when they see a little price increase and I wonder those who buy them at the end what they use it for because in just a few hours this coins disappears from the space and never to rise again hence making people loss so much money. Infact I'm pissed of this memecoin stuff it's getting more attention than expected.

We act as if we should making the long runs when we know fully well how complicated the market can be. The dogecoin and Shiba were once referred to memecoins because they keep the trends in the market. The bull season is mainly for those investors and traders that have upper hand in making enormous earnings in the system. Memecoins are my favorite projects in the space, because I understand how they operates and I'm so close to obtaining the brilliant outcomes and having legit information in the market.

Everyone is wishing to invest in meme coins because it gives them quick profit and everyone desires to earn more but I think that this pumping will ends with the end of Bull season and most of the Meme investors will loss their money.

Some meme coins attain huge success due to which people are investing more and more in meme coins just for the hope to build more profit but all meme coins are not profitable and some of them will disappear after a sudden jerk of bear season.

Solana Blockchain was getting attention as solana was recovering and then some individuals decided to launch memecoins on the solana Blockchain and as they began to get attention more and more memecoins on the Blockchain began to come out. There's no user case of memecoins it's just hype and since solana Blockchain was getting alot of hype it was the prefect place to use in launching all this Memecoins. They will fail eventually as we can't have all this memecoins existing.

Therefore you don't have to invest into every memecoin that you see as many of them will not make it until the end of the year. They're getting hyped as we're getting closer to the bull market but after that they'll die and new ones will be launches again and it will be the same founders of this memecoin that are dying that are launching new one and making money again while those buying are always losing.

Yeah, we all know memecoins are pretty much the same - total garbage hyped up by flashy marketing nonsense.  But isn't that sorta the whole point? They slap some cute dog logo on there, come up with some ridiculous name, and hope people get excited enough to make the coin blow up.  It's a total gamble just trying to ride that wave of hype to make a quick buck before the whole thing crashes back down.  High risk, high reward? More like high chance you'll lose your money! For every Dogecoin or Shiba Inu that makes it, there's a hundred goofy animal coins that flop.

Sometimes, when there is a lot of hype about meme coins, you don't need many reasons why they should be hyped. Because so far, as long as their promotion is successful and attracts attention, then the possibility of hype is very high. Sometimes what I see is that the meme coins are not unique, they are just like other meme coins that have already happened. It's just that they do big promotions and use what is currently hype. As with meme coins on the Solana network, it is an optimizing brand. So their prospects for hype are quite high, because their developers really understand what can make them hype.

And this is actually what makes the risk in mem coins big, even though the point is high risks high returns. However, if we don't understand the cycle and the current position of meme coins, then it would be better if we learn it first before joining in on the meme coin hype.

You never can cease them coming, inasmuch as the cryptospace is open for people to launched their project the more it would keep flooding the market without any good usecase. People, mostly the investors who dive around all memecon sees it as a good opportunity to make profit memecoin investment. That is why today you finds memecoin being so popular in the market even after much more has been launched already people are investing heavily on it against the bull run, since the Dogecoin and Shiba has broken records people feels as it all memecoin could act the same in terms of ROI.

The thing is meme coin always goes on the trend and on hype and no one know when and which meme coin will get in to the hype like we see on doge coin and shibainu coin and as well as to others.  So many of us or peoples are looking for that kind of pump or profit gain and that is why those new are getting into the market. But be careful about the investment on these coin because in this bull season the most of them will be trap for us.

Those who have an interest in memecoins are only relying on hype, so they only take advantage of pump and dump opportunities, there is no real use in memecoins, so once it is hype, more will go there to buy in the hope that it can go up to 100x.

Look at the excitement on the X platform where many memecoins do presale get considerable funding so is the enthusiasm of investors for memes while hype?
Just now I saw Dino base do the same thing after entering the meme liquidity add immediately pumped.

From this pumping, more people will be trapped buying at the top because of hype and fomo, for those who profit from buying at the beginning will sell it, after this the price will drop dramatically.

Don't ask why memecoin is now so excited because the influence of the hype that will be bullish will all continue to speculate and influence it.

Reason you don't understand them is because you are looking for use case for them. Forget that. Imagine whole memetoken scene as making fun about traditional markets in surrealistic and anarchist manner by being this twisted epitome of casino markets. Explaining it will ruin the joke and i guess i am doing that here. But it has nothing to do with use cases or real world value. They doen't need justification or reason to exist.

It's just having fun with memes, so there's nothing to compare it in real world to make it more understandable. Because there's nothing to understand.

Memecoin is nothing special. People rush into investing just because they want to make quick profits, despite the risks. They consider memecoin as "the new gold" and are willing to rush in to make money, despite its lack of transparency and actual value.

Memecoin is nothing special other than price manipulation. They do not have a clear development roadmap because there is no product or platform to develop. The value of memecoin is based only on crowd speculation, not on actual value.

Be alert and think carefully before investing in memecoin. Don't let yourself get caught up in FOMO and false promises. Invest in projects with real value and long-term development potential.

When Dogecoin started out years ago, it was just a silly meme joke.  But at least it got some traction. You gotta hand it to those developers - they actually turned it into something sorta usable.  Sure Doge is still mainly only good for tossing some coins around online casinos or sending your buddy a few bucks.  Yet it sparked this whole market for other memecoins trying to catch that hype wave. 

Problem is, none of these new meme coins really do anything new or interesting.  Mostly its just a hype about getting rich quick, followed by pump-and-dump schemes that leave average Joes holding the bag. They dont add anything useful to crypto just schemes to sucker folks into pumping money on empty hype.

I think even SHIBA is a scam/shitcoin. I don't understand how it became a thing and why people are still buying it. Something is very fishy with that shitcoin and I feel like it won't end well when the cover blows off. Doge is the original meme coin on the other hand, I feel a lot better about it somehow.

The others you mentioned are straight scams. There is indeed no use case for any of those coins. People don't even use Doge that much. People use LTC more than any other alt and it still under-performs doge.