why meme coins are trending? - page 3.

khiholangkang

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Quote from: fat buddah on October 23, 2023, 04:43:52 AM

Quote from: memecoinmeme on October 22, 2023, 09:55:07 PM

I explain to you! Memecoins are trending because they are leaving good profits for investors due to the fall of NFTs. Many people managed to buy NFTs but were never able to get their money back. Memes are in fashion right now because they ensure profits for investors despite not having any use. Stop by the alcoins discussion group, I just published one that may interest you. Grin

It has nothing to do with NFTs. And most memecoins don't really provide any profits. The only reason why they are trending is because they have nothing else besides trending. Just as regular memes. But they at least have actual humor in them, not just desire to get money.

lol, indeed this has nothing to do with NFTs, you will only make yourself look worse by trusting your money to coins, maybe in the last cycle meme coins got attention because of the circulation of influencers who marketed them, which brought meme coins to the peak of popularity, and people the first to jump into it they get a very high ROI.

I think very few people think it's humorous, or a joke, the average person invests in meme coin because he is addicted to big profits like 2021, actually it's okay to try buying it so you don't get curious, but use the least money you can you lose it if it doesn't match your expectations, and if you think about it, it's better to gamble on a gambling site than to gamble on meme coins.

fat buddah

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Quote from: memecoinmeme on October 22, 2023, 09:55:07 PM

I explain to you! Memecoins are trending because they are leaving good profits for investors due to the fall of NFTs. Many people managed to buy NFTs but were never able to get their money back. Memes are in fashion right now because they ensure profits for investors despite not having any use. Stop by the alcoins discussion group, I just published one that may interest you. Grin

It has nothing to do with NFTs. And most memecoins don't really provide any profits. The only reason why they are trending is because they have nothing else besides trending. Just as regular memes. But they at least have actual humor in them, not just desire to get money.

memecoinmeme

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I explain to you! Memecoins are trending because they are leaving good profits for investors due to the fall of NFTs. Many people managed to buy NFTs but were never able to get their money back. Memes are in fashion right now because they ensure profits for investors despite not having any use. Stop by the alcoins discussion group, I just published one that may interest you. Grin

JeffBrad12

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Quote from: fzkto on October 22, 2023, 03:04:06 PM

Quote from: Saisher on October 21, 2023, 07:53:30 PM

Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

It's because of one man, Elon Musk, he is the one who started this trend since he shills it, and as long as he keeps shilling and backing Dogecoin more meme coins will follow, AI is a new trend but the meme coins still remain because Elon keeps his support to meme coin headed by Dogecoin, there's still no end to this meme coin trend because Elon is planning to add Doge to Xtwitter.
Dogecoin used to be a joke or funny coin now it has the potential to overtake some of the top coins in the market as long as it has Elon Musk's support.

There is no meme coin trend. It's just that many people think that it's easy to make a profit on such coins. But it always turns out the other way round, buying meme coins people lose money more often. Just because there are so many such projects being created, it seems to be a trend. But in fact it is no different from other coins that are created for the hype.

thats the thing, many people keep thinking as if they gonna make money by investing in meme coin, the truth is, out of 1000, only 1 make money and that 1 person make money off the other 1000.
doesn't seem like a good deal to me, not to mention the fact that 1 person could be very well the devs themselves.
which means its just market full of manipulation and nothing more, therefore I don't think its a good investment better than ordinary coin even if it fluctuates a lot and give chance to make money but hardly you can money by going against the manipulation. its better off to invest in some ordinary coins like bitcoin and ethereum waiting for the right time.

tvplus006

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Quote from: CoinFoxs on October 21, 2023, 03:08:34 PM

Memecoins are shitcoins except very few, there is a group of people who started investing in memecoins to get attention of new traders and after fews days of launching they sell their coins and the price drops and new people get loss. By their loss the group of investors get profit and sell their coins!

Because many meme coins are created only so that the team gets a profit. And they want to get this profit quickly, not after a few years. Having all the coins in their wallets, it is very easy to make a pump, and then sell the coins to those who believe that it is very easy to make money on such coins.

TimeTeller

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Quote from: fzkto on October 22, 2023, 03:04:06 PM

Quote from: Saisher on October 21, 2023, 07:53:30 PM

Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

It's because of one man, Elon Musk, he is the one who started this trend since he shills it, and as long as he keeps shilling and backing Dogecoin more meme coins will follow, AI is a new trend but the meme coins still remain because Elon keeps his support to meme coin headed by Dogecoin, there's still no end to this meme coin trend because Elon is planning to add Doge to Xtwitter.
Dogecoin used to be a joke or funny coin now it has the potential to overtake some of the top coins in the market as long as it has Elon Musk's support.

There is no meme coin trend. It's just that many people think that it's easy to make a profit on such coins. But it always turns out the other way round, buying meme coins people lose money more often. Just because there are so many such projects being created, it seems to be a trend. But in fact it is no different from other coins that are created for the hype.

Let us face the reality that most of these meme projects are just jumping the bandwagon.
They don't have real use case as their main motivation is to exhaust money from these gullible users who will jump on their project.
Unfortunately, a lot of users are joining in for the mere thought of earning huge profits, but later on, will be disappointed because such promise is not true for all.
Most of these projects are created by scammers and so they can easily abandon their project once they got something in their pockets.

fzkto

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Quote from: Saisher on October 21, 2023, 07:53:30 PM

Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

It's because of one man, Elon Musk, he is the one who started this trend since he shills it, and as long as he keeps shilling and backing Dogecoin more meme coins will follow, AI is a new trend but the meme coins still remain because Elon keeps his support to meme coin headed by Dogecoin, there's still no end to this meme coin trend because Elon is planning to add Doge to Xtwitter.
Dogecoin used to be a joke or funny coin now it has the potential to overtake some of the top coins in the market as long as it has Elon Musk's support.

There is no meme coin trend. It's just that many people think that it's easy to make a profit on such coins. But it always turns out the other way round, buying meme coins people lose money more often. Just because there are so many such projects being created, it seems to be a trend. But in fact it is no different from other coins that are created for the hype.

Yatsan

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Quote from: Saisher on October 21, 2023, 07:53:30 PM

Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

It's because of one man, Elon Musk, he is the one who started this trend since he shills it, and as long as he keeps shilling and backing Dogecoin more meme coins will follow, AI is a new trend but the meme coins still remain because Elon keeps his support to meme coin headed by Dogecoin, there's still no end to this meme coin trend because Elon is planning to add Doge to Xtwitter.
Dogecoin used to be a joke or funny coin now it has the potential to overtake some of the top coins in the market as long as it has Elon Musk's support.

Not just Elon but because of other investors as well who likes to ride the wave or trend. There’s really nothing wrong from doing so as long as you know your numbers. Meme tokens are mostly not having utility to sustain the demand. Most of the time its market price movement is dependent with big investors which makes its market price more volatile than the others. Even with memetokens after $PEPE, investors are expecting of the same price movement disregarding the fact that many tokens of such concept have failed and only a few were recognized in this industry. I personally have no holdings of memetokens ‘coz I cannot see it as a sustainable coin to be held for years. I’d rather snipe new projects ‘coz I think it is easier to tell whether it would be profitable or not than with meme tokens.

Best-mary

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Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Today, my narrative takes an exhilarating turn with the introduction of the $Opium meme token. This latest addition to my crypto portfolio radiates innovation and promises to inject fresh life into the meme coin universe. Just as with $PEPE, $CAL, and $SAFERUM, $Opium is not merely a senseless creation; it realize the spirit of a movement, a community-driven endeavour with untapped potential.

Now, I'm on a new adventure with the $Opium meme token. It's the latest coin I added to my crypto collection, and it's looking like it could be the next big thing in the world of meme coins. Just like with $PEPE, $CAL, and $SAFERUM, I see potential in $Opium that goes beyond just being a joke.

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

Well, to answer your question, meme coin are created for fun and easy means to make money if you can get the legit one like Pepe early. I remembered when it was listed on Bitget first before other exchanges got to start listing and how far it went. So yeah, if you get the right meme before it becomes too popular, you will enjoy it

Saisher

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Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

It's because of one man, Elon Musk, he is the one who started this trend since he shills it, and as long as he keeps shilling and backing Dogecoin more meme coins will follow, AI is a new trend but the meme coins still remain because Elon keeps his support to meme coin headed by Dogecoin, there's still no end to this meme coin trend because Elon is planning to add Doge to Xtwitter.
Dogecoin used to be a joke or funny coin now it has the potential to overtake some of the top coins in the market as long as it has Elon Musk's support.

JeffBrad12

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Quote from: CoinFoxs on October 21, 2023, 03:08:34 PM

Quote from: tvplus006 on October 20, 2023, 12:52:49 PM

Quote from: Wakate on October 20, 2023, 12:40:36 PM

...Many of the big investors in the market have made millions of dollars from meme coins but we might not know because some of us are scared to take risky. ..

And this is not surprising, since most of these investors were members of the team of these meme coins. But we can say for sure that the number of investors who lost their money by investing in a meme coin is much greater than those who received a profit.

Memecoins are shitcoins except very few, there is a group of people who started investing in memecoins to get attention of new traders and after fews days of launching they sell their coins and the price drops and new people get loss. By their loss the group of investors get profit and sell their coins!

thats exactly what most meme coins are, the earliest one who buys the coin, will definitely dump to the newer ones, its called finding exit liquidity in which always occured with these meme coin.
there's reason why meme coin keep getting created meanwhile the old one are usually having some trading volume only temporarily and then eventually losing its trading volume.
its because its all already preplanned by the meme coin maker, because thats exactly how these meme coin creator are trying to make money.
otherwise nobody would get interested and there will be no one that gonna invest in this meme coin, its just usually for luring newbies into losing their money.

Wiwo

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Quote from: CoinFoxs on October 21, 2023, 03:08:34 PM

Quote from: tvplus006 on October 20, 2023, 12:52:49 PM

Quote from: Wakate on October 20, 2023, 12:40:36 PM

...Many of the big investors in the market have made millions of dollars from meme coins but we might not know because some of us are scared to take risky. ..

And this is not surprising, since most of these investors were members of the team of these meme coins. But we can say for sure that the number of investors who lost their money by investing in a meme coin is much greater than those who received a profit.

Memecoins are shitcoins except very few, there is a group of people who started investing in memecoins to get attention of new traders and after fews days of launching they sell their coins and the price drops and new people get loss. By their loss the group of investors get profit and sell their coins!

I have not seen the very few pf memcoins that are anything worth it, why I say so is because, memecoins are allocated a specific time to reign and after that, it do remain either to die the natural death that the several other hypes that have come before it died of, just as some have rightly said, memecoins are shitcoin and gamble, their are instrument of pump and dump at will and anyone investing in them is doing so with the mindset that you can lose part or whole of your investment in them so the best possible advise is to stay off them as clear as possible unless you want to gamble with your money in which case you can end up losing everything.

Just like the ICO, IEO and the rest pf the past hypes, this also will pass and if care is not taken, it won't take long before that will happen if anyone who is investing in thesee coins is not careful, may get dumped at your face when the party is most exciting and at that point, there be nothing to be done to safe the situations.

CoinFoxs

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Quote from: tvplus006 on October 20, 2023, 12:52:49 PM

Quote from: Wakate on October 20, 2023, 12:40:36 PM

...Many of the big investors in the market have made millions of dollars from meme coins but we might not know because some of us are scared to take risky. ..

And this is not surprising, since most of these investors were members of the team of these meme coins. But we can say for sure that the number of investors who lost their money by investing in a meme coin is much greater than those who received a profit.

Memecoins are shitcoins except very few, there is a group of people who started investing in memecoins to get attention of new traders and after fews days of launching they sell their coins and the price drops and new people get loss. By their loss the group of investors get profit and sell their coins!

bitgolden

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Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Now, I'm on a new adventure with the $Opium meme token. It's the latest coin I added to my crypto collection, and it's looking like it could be the next big thing in the world of meme coins. Just like with $PEPE, $CAL, and $SAFERUM, I see potential in $Opium that goes beyond just being a joke.

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

People do not know how to invest properly and that is why these type of stuff get more and more famous, when they shouldn't at all. I understand that it may look like something that would make more sense, but I think it's going to be quite different in the end, I think it should be a lot more difficult to approach overall. I get that it may not be all that easy to do, but that's still a hard job and you should be a lot more careful.

I know that there is a possibility that people would not end up being all that happy about it, but we could still end up with a greater return. So, hopefully we could end up with something that would take it a lot more further down the road and there isn't going to be anything that is good about meme projects.

tvplus006

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Quote from: Wakate on October 20, 2023, 12:40:36 PM

...Many of the big investors in the market have made millions of dollars from meme coins but we might not know because some of us are scared to take risky. ..

And this is not surprising, since most of these investors were members of the team of these meme coins. But we can say for sure that the number of investors who lost their money by investing in a meme coin is much greater than those who received a profit.

Wakate

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Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Today, my narrative takes an exhilarating turn with the introduction of the $Opium meme token. This latest addition to my crypto portfolio radiates innovation and promises to inject fresh life into the meme coin universe. Just as with $PEPE, $CAL, and $SAFERUM, $Opium is not merely a senseless creation; it realize the spirit of a movement, a community-driven endeavor with untapped potential.

Now, I'm on a new adventure with the $Opium meme token. It's the latest coin I added to my crypto collection, and it's looking like it could be the next big thing in the world of meme coins. Just like with $PEPE, $CAL, and $SAFERUM, I see potential in $Opium that goes beyond just being a joke.

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

This is just the beginning and we are yet to see more about the meme coin coming to create more bullish trend. There are people that had cash out from meme coin in millions so we don't have to discriminate the market or see it as unworthy for investment.

Many of the big investors in the market have made millions of dollars from meme coins but we might not know because some of us are scared to take risky. Taking risks is more profitable than staying neutral in the Crypto market. We need to take risk but any risk we are staking should be based on what we know that we can afford to lose. Greed is something that can reck us if we don't try and control it.

dimonstration

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Quote from: NFTflow8545 on October 16, 2023, 11:18:11 AM

Meme tokens started as funny internet stuff, but they are turning into serious business with real communities behind them. $Opium, with its cool idea and excited supporters, seems like it's going to be a standout meme token. It's more than just a joke; it's a movement.

What serious business are talking about? Meme coin is pure pump and dump scam scheme! There’s no company in the meme coin industry making development serious since there’s no real utility to this token. This tokens isn’t even organically trending but rather just the result of ponzi like scheme which user aiming to enter early and exit to the late investors money.

All meme tokens is created for degens since this company often exit scam once the hype is over and build a new one with mediocre whitepaper and website.

Xal0lex

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Quote from: $crypto$ on October 17, 2023, 01:20:06 PM

Quote from: Xal0lex on October 17, 2023, 11:05:21 AM

Only the earliest investors and developers make a profit, for the most part. These meme coins are created to make the creators rich very quickly. The creation of a meme coin is low-cost and does not require the creation of any product, you just need to create a contract, create a simple website, come up with a name and the token is ready. In most cases, investors in meme coins lose their money, as it is impossible for everyone to make money on high-risk assets.

I've pretty much avoided any meme coins in essence it's just gambling hoping for an explosion, so what if the returner runs away and takes the investor's money, that's not a small number in fact many people do that.
By making projects easy, it is easy to defraud investors and the community after their mountains of money run away. This is not strange.

That's right. I wouldn't even call it investing, more like betting. Users place a bet on some asset and expect that this bet will yield a large profit margin. Memcoins are impossible to analyze and predict, no one knows which memcoin will be successful and give x100 profit, it's all one big gambling.

bosscube

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what about $WSM. token holder receive bonuses in the WSM Casino and have the chance to earn rewards by staking $WSM tokens.

0t3p0t

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Memecoins are trending not because they have significant uses on the cryptocurrency industry other than it's cheap price, plug and play for the devs and is good for tipping purposes. I think these coins are just made for fun and of course the team behind it could also benefit some profit from it. But if you are going to invest on it, there is no guarantee you end up with good fortune because we all know that these coins is prone to pump and dump.

Topic: why meme coins are trending? - page 3. (Read 739 times)