Will MEME coin rule the world? - page 2.

doomloop

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Quote from: abikobong on February 25, 2022, 12:37:23 AM

DOGE is a blockchain coin a fork from Litecoin built on Scrypt.. has significantly lower fees than Shiba Inu which isn’t even a coin it’s just a simple ERC20 token based on Ethereum network with insanely high fees… DOGE is better for any real world adoption but Shiba is good at market and flashy shit that does very little.

But at the end, they are all nothing more than a joke. I saw a lot of meme coins that were released last year during the meme coins trend. Dogecoin seemed quite good to me for the fact that it is a coin that has been around for a longer time than other meme coins, and SHIB seemed quite good, but also seemed like another hype coin, which it definitely is, because after everything, it still has gone down; opposite of what some of the analysts who were predicting further bull were saying.

As for every other meme coins that started coming out later, they were just some cash grab, and none of them were worth investing since they were literally jokes, their devs never took them serious.

Marvell1

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Quote from: ?? on ??

Quote from: Anonylz on February 25, 2022, 01:20:25 PM

In a space where we have btc, eth and some few good alts I don't know what gives the op the idea that meme coins will have a chance let alone "rule the world". If you are referring to the metervase and the buzz it has been carrying lately, it is too soon to tell because I can't deny that some metervase projects are building something remarkable that could change the way we do things in the future, but that is still years ahead, and you can't seriously compare your meme coin to be in that category, or any other meme coin for that matter, memecoins don't have any real utility except for pump and dump so stop imagining things.

Meme coins I think are only a destroyer of the crypto ecosystem. They sprung up just because of the hype and disappeared in an instant. It will not be possible that meme coins can become the master coin. It is more towards profiting in an instant time or making a loss in a short period of time.

It's true that meme coins will not be able to rule the crypto world, but it's not a crypto destroyer. Meme is not bad for me. Doge still has a large user community with low fees and fast transactions. Shiba has made impressive changes as they are building their own ecosystem.
Not only meme coins are the only coin pumped and dumped on this market. Do you know EOS? EOS is considered the largest ICO project in the history of crypto with a raised capital of up to 4 billion USD. And now you can verify, to me they have almost become a dead project, no one mentions or remembers them.

evichi

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Most meme coins are mostly hyped and people invest in the hyped coin hoping that the value appreciates so that they can sell and make profit. Usually when the meme coin(s) get hyped the value goes up and a few moments later it crashes to the initial position. This means that most meme coins do not have steady growth, meaning that it is not ideal for long term investment. Rather, people invest in it and what to see when it goes up so that they can take profit. I will call it an opportunistic investment. I don't see such characteristic trend found in meme to be coin that will rule the world. Rather, utility coins like Ethereum, etc can be classified as a coin that will rule the world. In my opinion, most meme coins are simply opportunistic coins.

jostorres

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Quote from: EmmaGod on February 25, 2022, 09:46:46 AM

Meme coin are projects that are tied to values or things that people could easily relate with, not necessarily because they're useful but basically due to habits that are reinforced by popularity. For example one of the reasons why the dogecoin came to limelight was as a result of the attachment it has with dogs and several people like dogs and that explains why several other meme coins are attaching themselves to things like cats and rabbits.

That is why many unknowledgeable people invest on meme coins because they can easily relate on it compare to the coins that are too technical because they find it hard to understand due to lack of experience but they don't really need to be a developer or to be really smart to get involved in the coin but they can just buy and hold it and they can then expect to earn better than what they are going to get when they invest in meme coins.

The story of dogecoin is not like that, I know it was a dog but it started with a meme. People love meme's that is why it got popular. Other meme coins are based on dogs and other animals, it is because of dogecoin which logo is a dog.

Anonylz

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In a space where we have btc, eth and some few good alts I don't know what gives the op the idea that meme coins will have a chance let alone "rule the world". If you are referring to the metervase and the buzz it has been carrying lately, it is too soon to tell because I can't deny that some metervase projects are building something remarkable that could change the way we do things in the future, but that is still years ahead, and you can't seriously compare your meme coin to be in that category, or any other meme coin for that matter, memecoins don't have any real utility except for pump and dump so stop imagining things.

Henrobakkara

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Quote from: abikobong on February 25, 2022, 12:37:23 AM

DOGE is a blockchain coin a fork from Litecoin built on Scrypt.. has significantly lower fees than Shiba Inu which isn’t even a coin it’s just a simple ERC20 token based on Ethereum network with insanely high fees… DOGE is better for any real world adoption but Shiba is good at market and flashy shit that does very little.

If we have to be quite frank, none of them is worth investing in, forget all those stories of Dogecoin being a fork of Litecoin or whatever, what is any of their use case outside hype.

Quote

Dogecoin has been propped up by nothing more than social media hype and unfulfilled promises of "going to the moon" by Elon Musk. However, it's already retraced 77% from its all-time high. By comparison, Shiba Inu gained around 46,000,000% in a single year, and has only retraced by a little more than 60%. Based on the magnitude of reversions we've witnessed in the crypto space following six-digit percentage gains in the short term, as well as SHIB's virtually nonexistent real-world utility, a pullback of 99% could very well occur.

So at the end of the day, no one is stopping you from investing in what you want to cos the money is yours but I don't think one is better than the other in terms of use case.

Rahman11

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So, while Dogecoin and Shiba Inu can increase their overall value, there's no guarantee it will happen. Investing in meme coins can be a profitable venture, but experts believe they are highly volatile since they cannot predict their price movements.

Pejoh Asu

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Meme coins are still a trend, although many people don't like coin memes because they think there is no real adoption, but I think this is an opportunity to profit from coin memes, and since last year I always invest in coin memes and the results are very good and satisfying because made me a big profit and in a short time compared to top coins.

EmmaGod

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Meme coin are projects that are tied to values or things that people could easily relate with, not necessarily because they're useful but basically due to habits that are reinforced by popularity. For example one of the reasons why the dogecoin came to limelight was as a result of the attachment it has with dogs and several people like dogs and that explains why several other meme coins are attaching themselves to things like cats and rabbits.

retreat

sr. member

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love your money by never investing in meme coins. no one can guarantee that you will make a lot of money because of investing in meme coins, all meme coins are purely based on hype. Elon Musk is now starting to stop doing shills on Dogecoin, maybe he already realized that meme coins are never profitable Cheesy

smartaction

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Meme coin it is just for joke. However, people are becoming more and more interested in this funny thing. But this thing has no real value. It depends on hype in the market.

Here Op ask for Meme coin and he mentioned Mufasa. I don’t know why he mentioned it! but i think Its main purpose is not to know anything about meme Coin but its main purpose is to promote Mufasa coin Huh

Kunnu

member

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All meme tokens on bsc are shit and nothing much I had invest some amount of money in more than ten meme tokens of bsc all of them given me only crap in return I would suggest you to stay away with this shit meme token which you mentioned above if you really gamble your money on meme token then consider SHIB or Saitama it's all up to you.

deean_3one

member

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Nothing is impossible in this world. It's possible that someday meme coins will rule the world. But I don't think it's anytime soon.

Maestro75

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Meme tokens can get to nice price levels but they can never rule the world. It is not going to be possible. Of all the meme tokens in circulation only Dogecoin and Shiba Inu are often mentioned as ones that are genuine while other meme tokens are seen as scam tokens. By ruling the world, am not talking about market capitalization alone, am talking of it providing solutions for tackling and solving world issues also.

paw_digital

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Quote from: imamusma on February 25, 2022, 03:52:17 AM

Quote from: abikobong on February 25, 2022, 12:37:23 AM

DOGE is a blockchain coin a fork from Litecoin built on Scrypt.. has significantly lower fees than Shiba Inu which isn’t even a coin it’s just a simple ERC20 token based on Ethereum network with insanely high fees… DOGE is better for any real world adoption but Shiba is good at market and flashy shit that does very little.

If you look at the difference between Dogecoin and Shiba Inu of course Dogecoin wins in this case because it has many advantages over Shiba Inu, that's why Dogecoin is still much better than any meme on the market today so if someone likes memes, then the choice is Dogecoin, not the one other.

True. Actual networks do always have more utility than just tokens.

imamusma

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Quote from: abikobong on February 25, 2022, 12:37:23 AM

DOGE is a blockchain coin a fork from Litecoin built on Scrypt.. has significantly lower fees than Shiba Inu which isn’t even a coin it’s just a simple ERC20 token based on Ethereum network with insanely high fees… DOGE is better for any real world adoption but Shiba is good at market and flashy shit that does very little.

If you look at the difference between Dogecoin and Shiba Inu of course Dogecoin wins in this case because it has many advantages over Shiba Inu, that's why Dogecoin is still much better than any meme on the market today so if someone likes memes, then the choice is Dogecoin, not the one other.

Shasha80

sr. member

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Don't get your hopes up too high on meme coins, because meme coins will never rule the crypto world, especially after the best meme coins,
namely Dogecoin, the price continues to decline. Even I doubt Dogecoin can recover in this year and return to ATH price, If Dogecoin's
performance decreases, let alone other meme coins, I think the era of meme coins is over. Meme coins began to be in great demand when
Elon Musk managed to promote Dogecoin and the price of Dogecoin rose to $0.7. After that, a lot of new meme coins appeared and the most
popular was Shiba Inu, which the price is also now dropping very drastically. Therefore, now many investors have left meme coins, so investing
in meme coins is very risky. My advice instead of investing in meme coins, it is better to choose coins that have strong fundamentals and a high
market cap as well. If we want to invest in meme coins, it should be for the short term only, even then only invest in popular meme coins,
because new meme coins are very risky to be a scam.

Gayong88

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Of course, new ideas are needed for development but if a game is inspired by a true story and applied it will be very creative. I believe this will provide new contributions for developers and new challenges for its users in the future.

monstrousmurmer

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I think it depends on the level of fomo and the team behind to shill it Grin

abikobong

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DOGE is a blockchain coin a fork from Litecoin built on Scrypt.. has significantly lower fees than Shiba Inu which isn’t even a coin it’s just a simple ERC20 token based on Ethereum network with insanely high fees… DOGE is better for any real world adoption but Shiba is good at market and flashy shit that does very little.

Topic: Will MEME coin rule the world? - page 2. (Read 982 times)