Topic: why meme coins are trending? - page 2. (Read 739 times)

Non-fungible Tokens have dropped enormously this season, despite substantial investment from whales in the market. Few investor wallets have been liquidated, but several are bleeding bearish candles and have a 50/50 chance of survivability. I feel that there will always be a bounce back into the system; just stay on the solid good path, and profits will accumulate over time. Is it already memecoin season? Because I have no concept how memecoins are going to fare in the market, with investors reaping enormous profits from their prospective investment, now is the time to start earning, but I would advise against investing in memecoins because there will be high volatility in the market.

It is true that meme coins went up in value, but this was true for most of the coins on the market, and even if I do believe the bear market is over this does not automatically translate in a bull market appearing.

Those interested in investing in meme coins need to be very careful as those coins tend to do well when the altcoin season takes place, but before an altcoin season appears we need bitcoin to be in a bullish state, and such a thing has not happened yet so they are really getting ahead of themselves by investing in those coins so soon.

Today, Binance announced a new $MEME Launchpool, which will take place from October 28 to November 26 - https://www.binance.com/en/support/announcement/introducing-memecoin-meme-on-binance-launchpool-farm-meme-by-staking-bnb-tusd-and-fdusd-90ccca2c5d6946ef9439dae41a517578 The listing will be held on the exchange on November 3 at 8:00 (UTC) I can assume that it will be a new Pepe.

Yeah, but the both are so far away from their ATH, much further than BTC. But you didn't mention that.

Meme coins are making big profits, mostly Doge and Shib. There is many investors that think the 'bear' market is over so meme coins can be good coins to invest in now.

Doge coin is up 23% just in the last 7 days. And Shib is up 20% in the last 7 days.

https://beincrypto.com/dogecoin-and-shiba-inu-show-weekly-gains/

                            They are not trending mate , its just you and your pals that making Meme coins
trending your own way,  if you have not been tagged I may say your post are truly valuable but since
that tag given , we can easily check that you are just shilling on each coin closer to you.

                           it is not just because I am a no fan of meme coins but i have seen this happening
in the past that there are many Meme coins that ended investors losers. though Dogecoin is still one of
the most popular meme coin yet this has been one of the most manipulated coin specially by Elon.

                             correct on this mate, why need to risk more when there are other coins we can invest
that for sure proven safe and worth trusting.It is also a No-No for me ..Meme coin.

It does provide profit for the team behind that specific memecoin. It's either they will run away with the investors money or become the next big thing is a win-win situation for them. As long as there are still a lot of people who's looking to make a profit the easiest way and turn a blind eye on the reality of a memecoin, there will still plenty of memecoin that will come out to the market and people will continue to fall for it over and over again. The trend of memecoin goes to show that a lot of people are too lazy to make their own research to put their money to a project that makes sense with real use case and utilities.

Now many telegram channels publish advertisements for the Memeland project and its $MEME token. But few people will be able to take part in the sale, which is due to take place tomorrow, but only NFT holders, whose price, depending on the rarity, is 2-5 ETH. Based on the fact that a large amount of money has been allocated for advertising, there should be a pump.

Yeah true, the rush is the part where people make the money and that's why there are others who join, but the ones who join late usually end up with a bad result and could definitely result with something different. I believe that we are going to end up with something that will look a little bit different, and that should not be a big deal and could end up with a result that could be a profitable for you if you act quickly but also carries a lot of risk if you do not.

It would be smarter to stay away from them and not take that risk, if you keep on trying to take that risk then you are going to end up with a loss and there is no need for that at all.

I personally believe that it would be ideal to invest into things that have a long term future and not something that you could avoid or do not really care about, that would be the best way to approach this. I get that it could be something not so profitable, but at least it would be safer and not risky like this one.

Memecoins has alwasy been a no-no for me. Irrespective of the profits they rake in, they have a way of swaying you from the nitty-gritty of the entire events in the space.

Once you start an adventure on memecoins, you are drifted towards looking for Xs, which is not actually bad but I don't see my future hanging there as the space is dynamic and before you comprehend an arm of the space, another dimension has turned up and forcing you to do more researching and knowledge acquisition. i don't like hanging my future in the hands of chance.

but there are many users who also took a really huge profit so crypto is a 50/50 chance all you need a best entry and exit point that's all and dyor so i guess meme coins are not worthless as long as people took profit from it
My next investment is ready for the OPIUM opiumerc.com what you think?

The appeal of meme coins is deeply rooted in the way people are. In the past, people made quick and big gains, which led to this never-ending chase. Isnt it the same old story? People feel very afraid when they see someone or a group making huge gains. This is called FOMO. Its not surprising that more and more meme coins keep showing up, even when 99% of they dont have any real value or use. This FOMO and the unstable nature of cryptocurrencies make this happen.

I totally agree with what you said about the work. The value that people think these joke shit have is really just a house of cards that was built mostly on hype. Its us, the people who trade, who keep this loop going. In a strange way, most people end up losing, even though many want to be one of the few who do well. This game is very dangerous, and it makes you wonder if its even worth it, since the risks are so high.

It is only a trend and some sort of promise but none of these meme coins shows an interesting artwork that would help the crypto community grow aside from Dogecoin. Just look what happened to Shiba Inu, Pepe coin, and many other meme coins, after the hyped they're been declining which means that people are not holding long their coins instead, they sell them and never turn back. None of them has a serious business, they are just wanting to take advantage of the situation while meme coins are too popular this time.

There is nothing more, it is a MEME coin and we know that its success depends on the internet hype. The more there is internet and the more people are using the internet is the more these types of coins emanate.

There is no real time use of these coins and we know that people following the meme coins are risk takers or gamblers and not many people are willing to invest their funds in such a way. Nevertheless, the risk takers most time make it huge with the meme coins but that doesn't change the fact that they are meme coins. The only meme coin I know will stand for long is the doge coin.

People see that in order to earn from those coins nothing is really needed out of them, since those that invest in meme coins are not really smart investors which found a gem among thousands of shitcoins and they simply were lucky enough to pick the coin that just happened to skyrocket.

And people begin to think that if someone can obtain those profits without any skill then they want the same for themselves, but they do not realize the massive problem with their idea, as most shitcoins collapse without growing at all and the majority of those that invested in the right meme coin still lost money as they sold at the wrong moment.

After your return to the forum 2 years later, you wrote 5 messages, and they all mention the $Opium coin as a good object for investment. So as I wrote earlier, the purpose of your return to the forum is shill $Opium and if you continue to spam in this way, it is quite possible that your account will be banned.

The reason why meme coins are trending is because some of them actually managed to gain substantial value in the past and their investors manage to earn significant profit from them, now based on human nature, when we see that there is profit somewhere, we start chasing that with all our strength because we don't want to miss out on it and if we miss out on the first one, someone will bring another one from the same category to lure in those who missed the previous one and we naively start running behind that.

So, there is nothing really special in meme coins, they are all just useless crap providing no utility or anything, but it's just us who are hyping them up every single time just with the hope that if it gets famous and gains value, we will get great profits from it even if millions of others lose money due to it.

Because of its hype - while people see many people got into this and make a lot of money, they rush and buy them.
Indeed, a lot of early investors gain huge profits which makes others encouraged as well. Unfortunately, meme coins haven't stayed long, they'll be in hype these days but after a few weeks or months, they started to decline.

Yes, it is just like we put our money into gambling where we rely on luck, not the potentiality of the project. Many have been doing great with meme coins but many are also having terrible experiences.

lol no i my intentions are not to shill opium but i have done research the projects now a days are trending are the meme projects or i have checked many launchpads and found meme coins there so just sharing my thoughts

This is where you should really be making yourself that be careful on whatever you are seeing on the internet because you wouldn't really be that much could be able to think up clearly if there would really be lots of hypes and recommendations from those popular personalities or known people about on a certain project. Even lets say that you have been here on this market for a while now but there are really indeed moments on the time that emotion would kick in then you would really be having the possibilities that you might really be that be able to get hooked up and ended up on investing just because you cant really just even resist such thing or you have been simply be able to follow up on whats into your emotions. Meme coins? We know that wayback that they have become that relevant when Elon did make out some hype on Doge on which the market had flooded out with tons of memes even up to now. It might not really be that as noisy as before but there are still people who are really that a fan on investing into it.

You should really be that careful when it comes on investing into meme coins because we know that most of them are just simply pump and dump kind of project on which it is really just that right that you should
really be making research first before considering one but meme is a meme and there's no significant usage or utility of these coins in the first place and everything is driven with some hype.
Well, its your money to invest on and its your full rights on what you should gonna do.