Topic: What is all this memecoin hype about? (Read 206 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

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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.

Its not always about usecase which is important for crypto investor. Retail investors are only care about money and they don't care from where this money is coming from. Recent meme coin hype is a marketing strategy taken by solana team to boost their ecosystem with cash inflow. They have succeeded with their plan as multiple meme project from their chain manage to attract cash inflow towards solana which pump the sol price. Beside the meme projects are mostly methods used by whales to wash up black money.

It is not just meme coins that are been hyped, almost all cryptocurrency project are hyped so you don't have to be surprised about that.
That is the nature of the crypto market because if you don't hype your project with the help of influencers, you might not get any investor to buy and hold the token increasing the value of the coin. This is what we are seeing the crypto world everyday and thwre is nothing to do about that. Elon Musk also hyped Doge which is one of the reasons why so many people invested in the project.

The memecoins hype is because people want to be told where they can invest and get quick profits on the shortest time, but most of these new investors are not told that these memes are pump and dump, you don't know when the ship will sink and vanish with investors funds. Another reason for meme hype is because we're entering bull season and investors want to reinvest their Bitcoin ROI on short term projects to increase their profits, but they need to understand that they're gambling their investment capital, because most of them are scams.

any shitcoin can be valuable when a crowd makes it valuable. in the case of doge for example people are just using it and paying and gambling using doge. it still look like a joke with a doge face on a coin and it without the community adding value to the market and not using doge, it will have no value.

same thing with the memecoins that are appearing these days, people are buying them in the market. though it didn't yet find its usecase but because there are people buying and incrementing is value then the value becomes its intrinsic value.

Memecoins seem to run mostly on hype.  The excitement around them comes from silly names, celebs talking them up, and viral online communities more than anything else.  Not all memecoins even have a clear purpose in the real world - it's more like people hope they'll randomly blow up to be the next Dogecoin. But that seems like a big gamble rather than an investment. 

Im not saying all memecoins are shit. Some have potential if the community rallies behind them. But more often it feels like everyone's just trying to make a quick buck - the developers rugpull laughing all the way while regular folks are left holding the bag. At some point the hype train always comes to a stop.

There is nothing special with meme coins, it's juts that people stop making ballistic profits from usual profits and since meme coins are the new gold in town, they don't fear to rush in to get their own share of the pump and hype. Haven't you look around and wonder what's even special about meme coins? They don't have anything special to offer than the pump and dump, they don't have road map because they don't have a product or even a chain for developers to work on, just feeding on speculations to grow.

Another thing about these meme coins is that it's the main chain developers that do give them such credit. Remember this meme coin started on Solana when they first launched Bonk and then Jupitar and because the team are among this development is the reason why the coins are having these hype and it's also helping them to recover their sol price because of the demand from meme coins buyers.

Volume, high liquidity, the community that all started from Dogecoin, to Shiba Inu to Pepe that's been scattered to the new ones today.

For trading. 

That's true, we've got enough for it but developers can't be stopped into producing new meme coins as long as there are investors that are willing to buy them.

That's just the market cap patterns for MemeCoins. They're biased to each other and struggles to build its community with a strong hold so if the foundation potentials of the coin is strong and promising enough to profer investors in the market profits or course there's one a very high volume in the Meme industry based on the hyping capacities of the coins.
That's why MemeCoins can be said to be funny and heart breaking if invested in any on the weightless coins that can't stand to tackle other coins possessions.

Dogecoin is the oldest meme token that is on any exchange and it has already earned trust. But there are also huge disadvantages associated with it.
1) it is an endless emission
2) the community already depends on Elon Musk and what he says.
 Perhaps you remember how tweets from Elon influenced the price and market sentiment? What if tomorrow he says that dogecoin is a scam and sell everything immediately?

Thanks, so it is exactly what I expected it to be.
I still wonder how DOGECOIN can perform so well with this. It's around for quite a while an with all this, some leding figures even push this crap to the sky.
Weird and creepy how this actually seems to work out.

Everything is quite simple.If you noticed, these tokens have only speculative value, the task is to buy as early as possible and sell with minimal profit or wait for your X to profit.This is very similar to a lottery where for a few bucks you can get several hundred or thousand. But it is important to understand that Not everyone will be lucky, but 5-10% of those who take part will have to pay for the entire “banquet”
This is just another type of gambling, only now it uses cryptocurrency instead of tickets.

The memecoin hype in the industry is because people see it as an opportunity to make money, but that is not always the case. Mind you that memecoins do not really have any utility, people mostly trade with them, and they are sustained only through hype and the interest people have currently about them, only because they see a chance of making money from it.

If you want to buy memecoins, you must take cognizance of these things, they are mostly pump and dump coins that don't have utility, though they can earn you ROI if you are lucky to buy one that pumps high and you sell before it dumps. If you are not ready to gamble with your money, i would not advice you to buy memecoins.

it's because the market community is crazy with pump and dump schemes. they want to make an offer for anyone new to investing in memecoin to make quick profits. that's what they offer and I worry when situations like this continue to get more chaotic. maybe we will enter a hard time at the end of the year with more people who will lose their money in memecoin.

The thing that you'll only need to know about this memecoin hype is that there's a lot of people that see this and think for themselves and just invest in it because they find it funny to do stupid stuff and it just so happens that there's a lot of people that have the same mindset of buying those non-utility, do it for the lulz token and it coincidentally led from one thing to another, and that's how the craze for meme coin started, people see something funny at first but now they want to replicate the success of other successful meme coin and so they end up flooding the market with more of this meme coin and the hype and mania for it ensues.

I just don't get it. What puts such a intense hype on meme coins?
What is the use case scenario for all this? I see a very interesting SOL project listing all these new Memecoins like Slothana or Dogwifhat
and just dont get the actual use case for it? I mean, dont we have enough memecoins on the market already with DOGECOIN or SHIBA INU?
I hope someone can help me to unterstand this