Topic: Where do you think memecoins will go in future? - page 3. (Read 849 times)

I honestly see them going nowhere because memecoins are such a useless thing, but as long as people will have hope to get rich from them, they'll keep existing.

Thousands of memecoins pop-up but very few survive ( $SHIB, $PEPE, $WIF), and this survivorship bias is what crypto newbies are falling prey for, and what memecoins makers are preying at.

The keyword is "meme" here and if there is no hype and influencers step up to crank the hype level to the highest by promoting them then it's pretty much will die like other meme coins out there.

Doge is surviving until today because of how strong the community is and related to the dog we knew and cared about. This is pretty much the cycle of every meme coins out there, if the project suddenly blow up then there is something that triggers this event probably there is big influencers say something about this or even as a community just create the hype by themselves.

As time goes by, I think memecoin will continue to develop in the future because there are more and more fans of memecoin over time, but I personally am not sure that meme coin can compete with altcoin in the future, because it is based on record until now there has not been a single memecoin that stands out that can surpass altcoins,

Memecoins will go far in the future op, because there are some memecoins in the market that is helping people to earn profit from short term hodling, and they have gathered so many customers in the industry. Solan and Dogecoin has opened the eyes of memecoins investors to increase their money on those memecoins business because whenever they invest their money on them, it allow them to earn what will make them to have the opportunity to invest when the price drop down.

I guess there are many memecoins that will going to be launch in the future, and they will display positively to create more opportunity to those that will be lucky to be part of the memecoins, and some memecoins will going to disappear from the market for other new memecoins to reign, which you don't allow such thing to make you panic about memecoins in the industry.

memecoin is a toy coin that is only stuck in temporary trends so its future is very uncertain in the crypto world, especially now that so many meme coins are popping up without any definite clarity, I suggest that if you want to invest in the long term, it's best to choose It's the altcoins that are in the top 10 CMC, because the altcoins that are in the top 10 have a big opportunity for you to make a profit in the future,

I don't think memecoins would last long in the market as people thought. Each memecoins launch in the market, survives by the hype given to it by her community and that doesn't last more than a year.

As Pepecoin, Bonk, COQ and the rest of them are the talk of the market to be the profit maker for investors in the next bull run, I believe after the bull run, nobody would talk more of them. Before 2028 halving, many would die off from the crypto space and new memecoins will arrive to be the new talk of the market towards making huge profits for investors within a short time. That how I see the future of memecoins goes

I iust recently reply to another threads that discuss about memecoin but if you ask Where do you think memecoins will go in future? The answer would be the same like now or will cease to exist. I mean memecoin is oversaturated the hype is everywhere and if this a balloon the bust like going to happen anytime beside that there is no real use case apart from fun.

So in my opinion it can go die or stay the same like now

Most people who are involved with altcoins are aware that altcoins are just a means of making high profits quickly or else they will lose everything quickly. They know that altcoins have been created by scammers, because that's why they even think that if they create a new altcoin they need to make profits of 10x to 100x because then they will have many projects that will make them lose money. I have read people who invest in altcoins saying that they see investing in alcoins as a game in which whoever is lucky enough to invest early wins. people who are unlucky enough to invest late lose money. but in my case I always prefer to just invest in bitcoin, I don't expect to get 10x profits from investing in bitcoin, but at least I will be happy with a 3x or 4x profit. I will hold bitcoin until I have this 3x or 4x profit because I bought it at $40,000, I don't invest in altcoins


the problem with meme coins is the same problem that has been happening in the altcoin market in general: " copy - paste ". If tomorrow a guy comes along and creates an altcoin Z that allows you to improve Google Maps, for example, and this altcoin is successful and sees a big price increase? in the following weeks there will be many new altcoins with the same idea

The answer is simple, those meme coin projects that bring actual utility for their communities are going to stay because they are going to have use cases and people will keep using them in the future as well, and meme coins that have no utility at all and have no projects or functionalities backing them up may gain temporary hype and gain some value but they will eventually die and will be replaced by new ones.

However, despite all these things, I wouldn't recommend anyone spending a lot of money on meme coins hoping that they are going to get rich by doing this because even if a meme coin has a project backing it up, it will still contain a lot of risks and one should only invest a small amount in it to try their luck so that they don't lose a lot of money.

well that is literally why they still exist until now though, people want tool of pump and dump and meme coin did just that, literally entire community of meme coin cater to the fact that some people trying to flip their 1 grand to hundred grands within a night so it does make sense that market is full of scammer and rugpulls but most of the big meme coin does indeed become a perfect tool for speculation in my opinion and fun fact is that, meme coin among the one that recovers the fastest within the recent dump.

the coin that gets surrounded by hypes indeed have tendency to make faster recovery than anything else.

so yeah, good for speculation, might be too risky for long term investment.

Currently, meme coins are pumping the price the most, and dumping the most when there is a downturn in the Bitcoin market. Basically altcoins are risky, currently I am connected to Wif, and BOME Coin.  It has been the most dumping in the market but while WIF Coin is more likely to recover, Bome Coin has recovered less. My purchase of WIF Coin was at $3.2021 it has been hovering between two dollars so far.

What happened to Dogecoin is more than just a hype. It is the first and original meme coin, that is why and even up to this point, Dogecoin is still there and being considered by either regular investors/crypto users and meme coin lovers. Meme coins or not, it's normal that many of them are going down the drain after some time and only those who remained had really got what it takes to be on their current positions.

Even if there are no bear markets, a crypto coin can still die but no doubt that market cycle had some certain effects on them, like for example when there is a bull run, many projects are being created and this gives an illusion that makes us think that less projects are only dying.

I don't think Meme Tokens have much of a future. Whether you see it for investment or trading purposes is a separate issue, of course. However, no matter what, they are unnecessary things that have no purpose. MEME tokens do not have a vision, they just act as a pump/dump. There may be nice profit, but that boat swings too much and usually gets water in.

Honestly, im seeing celeb and animal themed meme token other than cat, dog and pepe as scam tokens. Though many tokens related to dog, cat, and pepe were scam but there were still fewer good tokens. And why? I tell you, mostly meme animal and celeb themed tokens were scam. These kind of tokens being created everyday by random person for the scamming purpose.
And these animal and celeb meme tokens are always having terrible chart. It's pumped at launch. Then, it's dumped so hard. And, it's also a rug-pulling liquidity provider.

The chart looks bad now. This is after the bitcoin dump. Even some popular meme tokens are struggling to recover from their yearly low. And last, i remind you always be careful when you're dealing with celeb or meme tokens.

You see as utility but I do see as "traps". Yeah, we had 1000s of altcoins and tokens and 90% of them promised about real world application but zero ended up real life utility. You may show some example from the past but the overall percent of projects which keeps their words up is almost near to zero; I mean exceptions cannot be considered to risk our money. So, staying away is highly recommended. Basically the trend of memecoins may disappear very soon.

I do not think that you would get a chance to test your capital with memecoins. 99% of altcoin devs are scammers who ruined the entire industry and also degraded the reputation of bitcoin market as well. Very soon that we can expect altcoin industry to start falling down due to lack of support from investors. I guess it is surviving till date because of new investors but awareness will spread and new investors also will start avoiding altcoins sooner.

Exactly what i thought and said before many times that its all about hype and trend. People who are new on crypto they fall into the trap and they think they will be rich within a second that's why they put their valuable money into meme coin and finally when the project run away they lost their everything. I also say it’s like gambling on crypto. If you are so lucky you may rich within short time from any meme coin but most of us lost from here. Though Dogecoin has set it stand on crypto but still it’s a meme, I personally don’t trust on any meme coin and never suggest it.

Meme coins are just a trap to grab retail money. There are countless meme projects that don't have any vision or anything. Owners just launch a meme token pump the price, and then rug the community. The same process continues till the market is exhausted. When retail investors understand this game of meme scammers they will start avoiding the meme project and the money will flow into utility based projects. I don't see meme projects have any future at all without any utility.

I understand what you're saying, but I don't agree. Yes, memecoins are getting a lot of attention and money, but they're basically gambling. Hype is the only thing keeping them alive. Some projects might be legit and turn out well, but who knows how long that will last?

I've been involved in some useless projects before, but now I'm more careful before joining any memecoin projects.

I've learned my lesson, and hopefully, you'll learn yours soon too.

I searched on: https://coinmarketcap.com/currencies/bombcrypto-coin/

and from what I'm seeing, this meme altcoin called bomb, has already been in existence for over 2 years and had its ATH on Jul 14, 2022 (2 years ago) when it reached $1.71, I confess that when I saw At this price I thought: "I'm definitely not seeing it well, there's some error". but there's no mistake, it's really $1.71 as can be seen in this photo:



and looking at the current price which is $0.01811
 Honestly, it looks like it has become a dead project, it is not normal for a good project to have such a huge price drop and for it to only be listed on just 1 exchange in 2 years of existence. This makes me think that I am facing a currency that has had a pump and a dump and that has nothing useful to offer and for this reason the people who bought at the beginning and made profits have already sold at the top and now they have no interest in buying again this altcoin and the owners of the project also created this altcoin to make a profit and then abandoned the project

and that was exactly what I was talking about in my first post I made in this thread in which I said that many people create coins just to make a profit and disappear, they don't plan well and create something that will help the community. That's why I advise people to think before investing in any new altcoin or token or even in any old altcoin or token. because there are many coins without much meaning. I hope you be careful with this bomb coin, if you bought it in 2022 and made a lot of profit, then don't buy more again, if you bought it in 2022 and didn't sell at the top and continue doing hodl, then you wasted a great chance of profit, because this alt will not reach $1.71 again

don't let yourself get trapped, however, you have to be able to only use memecoin as a speculative asset, the point is to make big profits in a short time, for long-term investments, you have to choose assets that are in the top 10 only, before memecoin on the Solana network viral, there were previously memecoins on the ETH and BNB networks but all of them have moved, in fact many are now dead