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Topic: why meme coin is crashing - page 3. (Read 700 times)

jr. member
Activity: 103
Merit: 1
June 27, 2021, 05:29:12 AM
#53
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
full member
Activity: 798
Merit: 104
June 27, 2021, 04:59:20 AM
#52


why

does Dogecoin price up again ? Huh Huh Huh Huh Huh 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








You don't have to be scared of buying dogecoin and shiba inu on dip price because now a days they are more talks about in the crypto news and social media which currently speculate on tweeter influencer Elon Musk. Once the behavior of the market will survive it surely goes up its value in time.
full member
Activity: 1498
Merit: 146
June 27, 2021, 02:01:36 AM
#51


why

does Dogecoin price up again ? Huh Huh Huh Huh Huh 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



You are scared of memecoins but you also promoting a shitmeme coin at the same time, I don't get what is going on in your mind.

Anyway to answer you question, the price drop is not only happening with memecoin the whole crypto market is down, the gold prices also mean the bullish trend might be over. Get ready for Holding but don't hold the shitcoins too longer.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
June 27, 2021, 01:05:12 AM
#50
Meme coins are crashing because they follow bitcoin and altcoin price down and it is hard for them to increase back unless they get another pump from the developer or people like Elon. If you are scared to invest in meme coins, you do not have to try that and it is better to invest in other potential coins. But if you want to gamble with your money because the meme coin tempts you to invest in that coin, you can use small money to buy the meme coins and hold it but you will never know when the price can increase.
full member
Activity: 1022
Merit: 100
Meta4uStake.io
June 26, 2021, 11:40:25 PM
#49
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.
however, meme coins are also gaining popularity in their community. such coins live up to the hype they do and then fall at the loss of a few people who are late to exit. those who get clear profits must be those who have large capital with strong price manipulation power.
sr. member
Activity: 1876
Merit: 259
June 26, 2021, 11:32:22 PM
#48
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.
hero member
Activity: 2100
Merit: 562
June 26, 2021, 11:18:32 PM
#47
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".
hero member
Activity: 1764
Merit: 696
[Nope]No hype delivers more than hope
June 26, 2021, 09:50:46 PM
#46
As the name suggests, when they pump it is actually a joke then many people assume that this coin is starting to get serious. When a dump occurs, people are still expecting something even though memecoin is starting to show people seriously that this coin is just a joke and not worth it.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
June 26, 2021, 08:07:45 PM
#45
No usecase as said above. Meme is fun but that's just it and no relation to the coin itself.

Doge has no development done yet after Elons support so there goes one point I guess but most of all meme coins are just hype. If we see something behind what dogecoin will be once there is something to look forward to, the price might actually go up.
copper member
Activity: 177
Merit: 2
June 26, 2021, 08:05:07 PM
#44
No use case... they mean nothing.

Invest in Coins/Projects that actually do something.

My big winners are Ethereum of course, ARK, Waves, and my 100x Prediction of Opacity OPCT
member
Activity: 177
Merit: 50
My Dream Comes True
June 26, 2021, 07:56:52 PM
#43
Why crasing? Because they have no usecase, nothing interesting in whitepers or roadmaps. Just like Project Pump and Dump. They will only following the hype and will make you poor in an instant. I have never touched a meme coins because the risk is very high even very difficult to analyze technically and fundamentally, nothing interesting.
hero member
Activity: 2940
Merit: 613
Winding down.
June 26, 2021, 06:47:33 PM
#42
No never have to wonder about it in the first place. Think that all potential coins still have time to crash, how much more for these shitcoins/meme coins. They are more vulnerable to such a trend and therefore, we never have to expect that it keeps on rising but instead, to possible crashes and never rise again. Now, if you are investing one of these coins, time for you to think about selling, yeah, better take that opportunity before it becomes dead.
member
Activity: 175
Merit: 10
ITSMYNE
June 26, 2021, 04:50:42 PM
#41
what value do they hold. the right question one need to ask himself. what do they have to offer? Nothing but social interactions. far from that. those projects are for market controllers and players. if you well akin to the trading market, they are revenues for making money. their price movement are easily predicted. so if you are not grounded in trading. forget the meme coins or you might loose.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
June 26, 2021, 04:33:04 PM
#40
Meme coins crashing? that would be a typical thing because what do comes up should really goes down specially if the increase was built up with hype then it is already anticipated that they would be crashing up soon.

Just like what others been saying that it is really not that a good behavior on saying negative into others and make them look bad while you are promoting some coins which is really non very non ethical to be done by someone.

If you are scared on making out investment with meme coins then you can always opt out on not to invest.

most of them will crash as they have no foundation to begin with. they are just here for the hype and possible quick profit that they can gain from gullible buyers. if you will look at the ANN thread of SHIB here, you will wonder why this has gone popular at a very short period of time and made it to even binance exchange? if the OP is scared to what may happen to his meme coins portfolio, better cash out while you can. because sooner or later, these meme coins will not be worth in the market. maybe except for doge, as it may just go back to where it was.
copper member
Activity: 966
Merit: 5
June 26, 2021, 04:26:18 PM
#39
The crypto market is one of a kind, that is, Doge coin has been around for a long time, but no attention was paid on it, not until the hyping and tweeting started and look at where it is today, and because of its growth so far, lead to the development of others. To make it more interesting, top exchanges now listed these coins which in my own understanding means that, in as much as most people might think they offer little to nothing in the crypto space, but in reality they have come to stay and as such can be treated like other coins.
So asking why they are crashing, one can also need to ask why other coins are crashing, and the simple answer is, the market is not in a good shape.
Nevertheless, since they are many already, it is worthy to be careful of the ones you might want to hold. Lastly, Airdrops can come in any shape, it all depends on what the team are building on, so your focus shouldn't be only on Meme coins, although it means to be the latest trend.
hero member
Activity: 2968
Merit: 687
June 26, 2021, 04:00:11 PM
#38
Meme coins crashing? that would be a typical thing because what do comes up should really goes down specially if the increase was built up with hype then it is already anticipated that they would be crashing up soon.

Just like what others been saying that it is really not that a good behavior on saying negative into others and make them look bad while you are promoting some coins which is really non very non ethical to be done by someone.

If you are scared on making out investment with meme coins then you can always opt out on not to invest.
hero member
Activity: 2590
Merit: 644
June 26, 2021, 03:39:14 PM
#37
What price increase? I only see losses in the last 7 days in this meme coin; https://coinmarketcap.com/currencies/dogecoin/

It has a greater market loss than bitcoin!

But hey, keep up your good news...

In 7 days yes but Dogecoin is the only meme coin who already recovered in great percentage from its bottom during the recent price dump of Bitcoin 28K level which is quite a good profit from its bottom. I hate meme coin especially dogecoin in terms of its utility but having a profit from its volatility is what I like it.  Cheesy
^ Definitely right, a lot of people like how this dogecoin will fluctuate and made a profit. Doagecoin was heavily manipulated so it is expected that the price will very volatile. I don't have this coin since the start because I know if you don't know the one who manipulates the price then it possible you don't know when this coin will increase and decrease the price. I know it is very risky to invest because you don't know the right time to buy and it will probably during the hype.
legendary
Activity: 3052
Merit: 1188
June 26, 2021, 03:18:20 PM
#36
many people have predicted and warned in this forum that fomo and pumps are dangerous and can be self-defeating. and this is one of the biggest pumps and fomo that almost all of his followers complain about the continuous decline.
they hoped there would be another pump going on. but it seems that now it will be very difficult to happen because considering the activists have never tweeted again and I think the fomo is getting weaker by the day here
The "hope" for pump is not a bad thing because every time we "hoped" for a pump the price actually did went up. Look at history of bitcoin and you will see that it always goes up and it will always go up, there is no scenario where in 10 years bitcoin is not higher than right now, we all know it will. So why would we not get hyped about a pump? You know how rare it is to know that you can buy something and you are 100% guaranteed to make money in 10 years? Probably more money than you can imagine?

This is why people are very excited about the situation and that is why you see people getting hyped about it constantly. Will it be tomorrow? Probably not, but we know that it WILL happen and that is what matters, doesn't matter when it will happen as long as it happens and that is the key reason why we are getting hyped about it at all times even when it is going down.
sr. member
Activity: 1610
Merit: 264
June 26, 2021, 03:01:07 PM
#35
~
Oh please, you're just promoting your project or you are paid one.
Meme coins like those animal coins aren't the only one, OP.
Take a look at CMC.
I just did a quick scroll and DAI is the only one that was in greens. Oh and yes that is a stablecoin, I know don't worry.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
June 26, 2021, 02:26:52 PM
#34
What price increase? I only see losses in the last 7 days in this meme coin; https://coinmarketcap.com/currencies/dogecoin/

It has a greater market loss than bitcoin!

But hey, keep up your good news...

In 7 days yes but Dogecoin is the only meme coin who already recovered in great percentage from its bottom during the recent price dump of Bitcoin 28K level which is quite a good profit from its bottom. I hate meme coin especially dogecoin in terms of its utility but having a profit from its volatility is what I like it.  Cheesy
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