why meme coin is crashing - page 2. | Bitcointalksearch.org

Ziskinberg

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Quote from: ?? on ??

There is no place for a fundamentally weak coin in crypto. If you check coinmarketcap from 2017, you must have known that there were many top coins that are not around anymore. There meme coin just making hype for short terms. Whales are manipulating the market, and new investors go to their pockets through these meme coins. Be aware of this.

Many projects had come into crypto and many were also gone. That really be going to happen especially if there is the laxity of the developers or their purpose is not a long-term project. If there are 100coins that are dead today, there might be more incoming (meme coins), and these coins might be dead as well in the future.

Honestly, only BTC will able to stay longer, well, ETH and BNB, I hope they could stay beside Bitcoin and follow the trend, otherwise, we might lose our sight someday.

ReiMomo

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Quote from: Viscore on June 27, 2021, 05:19:24 PM

Quote from: QueenVera on June 27, 2021, 03:16:30 PM

Quote from: ?? on ??

If you want to invest in such MEME projects, you must invest in the initial stage. If you invest in the initial stage, you can get benefit from such a project, but if you invest later, you can definitely get stuck in such a project. Then your chances of loss are much higher.

Exactly which is why we're advice to stay away from meme coins as they're just hyped nonsense. They're worthless and only surviving because of some celebrity preying on the gullible nature of the market. We're always wanting a approval from famous Individuals and they're using that privilege to enrich themselves.

If you're not among the very first investors to discover a meme coin, chances are you'll get dumped on. Better look for solid project that can restand the bear market and invest in them.

Meme coins are just here for nothing because they are just dummies of the potential and trusted coin like bitcoin. Dogecoin can be very ideal to invest when the market is still bullish because its price suddenly pumped because of Elon but when bearish season comes, there's no way it can survive. So if you think of investing into meme coins, be ready to make some huge loss in the end. Better to invest into projects that have high potentials and will still manage to survive when the market turns upside down.

Nothing but there's an ultimate hype of this coin and it could be gain profit if you know how to ride them, but it does mean you will get also profit in a long period of time because this coin is temporary while both meme coins were created just because of a joke coin. It is a pure hype coin and there is no real use on it.

We must be careful upon investing on this coin or rather stay away from it if you dont want to have a massive loss whole convincing them because you know it pumped too much even bitcoin was down.

Viscore

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Quote from: QueenVera on June 27, 2021, 03:16:30 PM

Quote from: ?? on ??

If you want to invest in such MEME projects, you must invest in the initial stage. If you invest in the initial stage, you can get benefit from such a project, but if you invest later, you can definitely get stuck in such a project. Then your chances of loss are much higher.

Exactly which is why we're advice to stay away from meme coins as they're just hyped nonsense. They're worthless and only surviving because of some celebrity preying on the gullible nature of the market. We're always wanting a approval from famous Individuals and they're using that privilege to enrich themselves.

If you're not among the very first investors to discover a meme coin, chances are you'll get dumped on. Better look for solid project that can restand the bear market and invest in them.

Meme coins are just here for nothing because they are just dummies of the potential and trusted coin like bitcoin. Dogecoin can be very ideal to invest when the market is still bullish because its price suddenly pumped because of Elon but when bearish season comes, there's no way it can survive. So if you think of investing into meme coins, be ready to make some huge loss in the end. Better to invest into projects that have high potentials and will still manage to survive when the market turns upside down.

Princejebs

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Quote from: heroalam on June 27, 2021, 02:48:16 PM

Doge coin and shib seriously? Why you buy this shit at high price just tell me? What is there usecase?

Tokenomically, I think team can actually create use case for any projects if they want to, its very easier to even add foundation and make it more serious but the reality of memes token has always been an avenue to pump and dump that's why so many developers have centered their energy on the so called Shiba family and doge killers.
I would rather invest on ethereum classic than live my hard earned money on meme Town with trillions of supply.

QueenVera

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Quote from: ?? on ??

If you want to invest in such MEME projects, you must invest in the initial stage. If you invest in the initial stage, you can get benefit from such a project, but if you invest later, you can definitely get stuck in such a project. Then your chances of loss are much higher.

Exactly which is why we're advice to stay away from meme coins as they're just hyped nonsense. They're worthless and only surviving because of some celebrity preying on the gullible nature of the market. We're always wanting a approval from famous Individuals and they're using that privilege to enrich themselves.

If you're not among the very first investors to discover a meme coin, chances are you'll get dumped on. Better look for solid project that can restand the bear market and invest in them.

heroalam

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Doge coin and shib seriously? Why you buy this shit at high price just tell me? What is there usecase?

TheGreatPython

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Quote from: CryptoWarriorsssss on June 27, 2021, 05:29:12 AM

Quote from: john1010 on June 26, 2021, 11:18:32 PM

My simple answer for this is, simply because they are "MEME" coin and meme project, there is no serious matter, driven by hype and popularity, for short period, not stable and not sustainable because they are "MEME".

Indeed , as the meme is simple ,

thus no much risk to join the airdrop to the tadp and other airdrops

There's neither risk nor a problem claiming some free coins but think about it. You are usually asked to make some tweets or post about them to claim those tokens and the time you spent in doing so, is always worth money!

Coming to the topic, why meme coins are crashing? because they were always meant to crash, once the fake support and shilling are not continued. They are called meme coins for a reason and that reason is, they don't offer any value nor any solution to the market. Any coin or token that solves a problem is not a meme coin but any coin that is made without a real purpose or reason, is usually a meme coin.

Rexler

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Quote from: CryptoWarriorsssss on June 26, 2021, 02:23:04 AM

why

does Dogecoin price up again ？ Huh

honestly ， I am sacred to buy any meme coin ，such as SHIB ，Doge Cry

You should very scared of buying coins that has no utility or incentive to make it pump in the future, buying meme coins is very dangerous cause there's no real project behind it, when it's time to fall it always falls almost 100%, if I were you I would stay far away from this meme coins because they are nothing but pump and dump coins/tokens, I only invest in coins with good utility not this shitcoins.

Ryker1

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Quote from: iTradeChips on June 27, 2021, 06:17:40 AM

Quote from: inanilujimi on June 26, 2021, 11:32:22 PM

meme coins are used for short profits, and occasionally whale will invest for maximum profit, if one is late to exit, the risk will be to lose a lot of money on investment. the meme coin is just a whale for pump and dump therefore its reputation is on the decline at the moment considering the market is in transition to a bear market.

I think the meme coin is only good at making the initial investors rich. Looking at the life span of DOGE, in its 8 year history it only increased one time. If Dogecoin took 8 years for its price to go high then what would be of the memecoins that are hardly well known and popular? They will take a long long time for it to increase its price, and lucky if the cause of the price increase is a hype coming from a billionaire investor. Pump and dump? Yes, if you are not patient with crypto.

Well, you are very lucky if the meme coin that you invested is for pump and dump, --why? Because there is a chance that it will grow the price once it is pumped. But if the meme coin becomes an exit scam, it will totally wipe out your portfolio and becomes shitcoins which is totally lost.
However, you can ride the risk of a pump and dump if you know how to do it --but it is not advisable for the newbies.

Review Master

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It's because of the correction market and trend of memecoin is losing the hype as bitcoin is dumping. So, everyone's busy to sell off those memecoins so that they won't regret when bear market will be started for real. Also, i as well as other user already awared everyone that don't think to hodl dogecoin for long term purpose as Elon was just playing around for his own entertainment. After all, just stick with any trend, but take advantage of that trend/hype and invest only those amounts which we can afford to lose. Wink

TWW

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I don't believe meme coins will always be profitable.
You can search for new meme coins currently present and FOMO by specific groups. but I don't feel comfortable calling new coins like meme coins. more precisely maybe we can call it shitcoin.
because the current case of Doge and Shiba might be different. because they grow with market confidence too. the development team has built their market well. and when the momentum comes, the hype can happen at any time.

genolica

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Just as the same as how the values of the coins move, when these became popular a LOT of people bought it and made it eventually at a high value

bryant.coleman

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Quote from: Yamifoud on June 27, 2021, 07:42:58 AM

Indeed, it has value today because of the hypes made by whales but after all of this trick, the reality had to come out, and this was what we are seeing this time. And I don't understand that some meme coins are listed on a reputable exchange like Shibacoin? Anyway, it doesn't matter because I'd never invested this coin even it was on Binance.
If meme coins are started to decline, I'm not sure if they still have the change to recover or they end their life shortly.

Even if a memecoin is listed in a big exchange such as Binance, there is no guarantee that it will perform well if a correction occurs. Listing on a large platform gives it the visibility, but the trade volumes and exchange rates will drop, if the fundamentals are not strong enough. Exchanges are only for trade. The promoters need to increase the rates of adoption for that particular cryptocurrency. And unless that happens, the coin will not find much success, irrespective of the fact that it may be listed in some of the largest exchanges.

Snigdho07

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Quote from: CryptoWarriorsssss on June 26, 2021, 02:23:04 AM

why

does Dogecoin price up again ？ Huh

honestly ， I am sacred to buy any meme coin ，such as SHIB ，Doge Cry

in case to jump to another falling Cry

hunting to newBTC MEME coin is more interesting👍 for joining the BTCairdrops

👍👍 my latest airdrop joined on Inspector is the new meme-Tadpole（TADP）

https://twitter.com/tadpolememe/status/1402554891424342017 Cheesy

Look, before giving my simple thoughts I want to tell you something... I hope you have shown that most of the meme projects total supply is very huge like quad-trillion or even more. And we can also tell that meme coin is like a hype coin. So people invest here only for short time not for long time. After their achieving profits most of them sell off their coin so we see sudden crash.

Yamifoud

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Quote from: macson on June 27, 2021, 06:24:07 AM

meme coin is made for a joke and not a serious so the price will always crash....Elon musk is the best coin meme marketer and all coin memes on the market are shit. crypto market is much cleaner if there are no coin memes.

Indeed, it has value today because of the hypes made by whales but after all of this trick, the reality had to come out, and this was what we are seeing this time. And I don't understand that some meme coins are listed on a reputable exchange like Shibacoin? Anyway, it doesn't matter because I'd never invested this coin even it was on Binance.
If meme coins are started to decline, I'm not sure if they still have the change to recover or they end their life shortly.

cheezcarls

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Quote from: CryptoWarriorsssss on June 26, 2021, 02:23:04 AM

why

does Dogecoin price up again ？ Huh

honestly ， I am sacred to buy any meme coin ，such as SHIB ，Doge Cry

in case to jump to another falling Cry

hunting to newBTC MEME coin is more interesting👍 for joining the BTCairdrops

👍👍 my latest airdrop joined on Inspector is the new meme-Tadpole（TADP）

https://twitter.com/tadpolememe/status/1402554891424342017 Cheesy

The reality of meme coins is their momentum doesn’t last long. After all, they’re just simply meme coins with no real and positive use cases. Thus, they are not built for long term growth. Dogecoin’s rise is due to Elon Musk’s enthusiasm by making ridiculous tweets that would pump DOGE as well as Mark Cuban accepting this meme coin for purchasing game tickets and merchandise.

For Shiba Inu’s growth as it got listed on Binance, it was pure hype and holders are just lucky that the price boomed after this announcement.

The momentum of meme coins are going to die down soon, and the best ones for long-term investment are those coins, tokens and NFTs with real and special use cases that would benefit various industries for good.

Henrobakkara

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Quote from: CryptoWarriorsssss on June 26, 2021, 02:23:04 AM

why

does Dogecoin price up again ？ Huh

honestly ， I am sacred to buy any meme coin ，such as SHIB ，Doge Cry

in case to jump to another falling Cry

hunting to newBTC MEME coin is more interesting👍 for joining the BTCairdrops

👍👍 my latest airdrop joined on Inspector is the new meme-Tadpole（TADP）

https://twitter.com/tadpolememe/status/1402554891424342017 Cheesy

Why shouldn't DogeCoin go down and why should it even go up in price?

What does DogeCoin offer that should make it go up in price?

Have you seen the market lately? Even the best of the best with everything to offer in terms of product delivery are going down in price.

If not for all the hype DogeCoin had from Elon musk, would it seriously get to the price it traded in its ATH?

macson

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meme coin is made for a joke and not a serious so the price will always crash....Elon musk is the best coin meme marketer and all coin memes on the market are shit. crypto market is much cleaner if there are no coin memes.

iTradeChips

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Quote from: inanilujimi on June 26, 2021, 11:32:22 PM

meme coins are used for short profits, and occasionally whale will invest for maximum profit, if one is late to exit, the risk will be to lose a lot of money on investment. the meme coin is just a whale for pump and dump therefore its reputation is on the decline at the moment considering the market is in transition to a bear market.

I think the meme coin is only good at making the initial investors rich. Looking at the life span of DOGE, in its 8 year history it only increased one time. If Dogecoin took 8 years for its price to go high then what would be of the memecoins that are hardly well known and popular? They will take a long long time for it to increase its price, and lucky if the cause of the price increase is a hype coming from a billionaire investor. Pump and dump? Yes, if you are not patient with crypto.

CryptoWarriorsssss

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Quote from: ?? on ??

do you still believe in meme coins? I honestly don't believe in meme coins, and it's too risky to invest without clear goals and projects. Don't expect too much because when the price is down it's hard to get up

U can not say so , mate, I believe crypto, thus meme is also

Topic: why meme coin is crashing - page 2. (Read 700 times)