Topic: Will MemeCoins Fuel the Next Crypto Craze? (Read 376 times)

MemeCoins are much better good projects which has extedndedly played major aspects to attract most investors to the crypto sphere.
Although some MemeCoins could be shit and dumping coins slumping in the market cap but While there're still reputable Memcoins such ADA, SOL, DOT and BNB in their own various blockchains, they've as well contributed not just in speculations of the crypto, but has much soar profitably to the Investors and in that out sketch of productivity, Investors has so much been overwhelmed with the dividends and incentives potentials of the MemeCoins.
I'd blend it to say that MemeCoins volatile scalabilties are unique to bitcoin and the ethereum and so, they posses varieties of offers with the surge or their prices in the market trends in a main time while bitcoin and ethereum remains stable which investors are upset about.

Too many topics about memecoins at the altcoin section right now, are you guys aware of the danger? People are not waiting for some proper good project to come out and solve some issues in the crypto world, people are not waiting for a new trend that is not done before to come up and innovate on something, people just want to hype something at meme projects and get rich and do not care about anything else. That is the only thing they care and they do not want to see the crypto world improve.

Basically they want a glorified pump and dump, nothing more. I get that it may feel like money is the only thing that matters in the crypto world for many people, but it is not and if you keep focusing just on that then you are going to lose a lot of money instead.

I think that meme coins will be the biggest marketing strategies that altcoins will follow in order to promote their main project they'll launch many other side projects in form of meme coins.

Now the point here is that meme coins are giving profits more than altcoins but on the other hand there is a very big risk involved while investing in them. People are either losing too much money or gaining too much money there is no balance.

I do not get why people do wait for that, premined or not we all know that memecoins are basically the explanation of what is a shitcoin, and yet they are being "picky" with it? The "best" and the "worst" memecoins are all equally shitty and people should stay away from them as much as they possibly could, there is no other way.

I understand that it feels like we are not going to get anything out of the situation better and we can't make any money at all, we need to just consider that memecoins are not things that can make you money. Some people do believe that they would definitely not something you could lose money on because they go up so much, but the reality is that they just pump, then after the dump it is not going to be something that could benefit you, you will lose for sure.

BRC20 is old but Runes are still new. I only don't know what is it, lol. I only found it because many are mentioning it last time. Like the other, maybe this is only a short-lived hype but one can ride it if they want to and if they want to know if what's their luck in store for them.

Meme coins are like a regular here in crypto because from time to time there will also be new memes that are born in the internet. They can also create meme coins based on the new technology here in crypto, so definitely they can not only fuel but also start a crypto craze of their own. We hated meme coins but at least they still have some contributions, to compensate for it.

Bros, nothing spoil. I understood your position better now on meme history and creation.

Talking about confidence, I'm even of the opinion that no one should be so confident about any altcoin investment. Nothing is ever guaranteed in this industry. I won't even give Bitcoin 100% vote of confidence. This industry is full of uncertainty. Investment in memes should be seen as investment in alts with higher risk like what we've in Degens and that's almost the same thing that happens with casinos. However, the slight difference with casinos is that with memes, people can be lucky if they invest very early and the project doesn't rugpull. There are sites to check for liquidity lockup of projects and onchain analysis to help know those that are likely not to scam. It's a lot of work doing all that research, anyway.

Meme coins are also part of crypto and there occurs more scam than any other coins therefore if someone says bad about Bitcoin and accepts meme coins for investment then they are on the wrong way of earning which will not give them anything. You cannot get profit from crypto according to your hopes but you can definitely make money from crypto according to your knowledge and experience.

Investment in Meme coins are just a type of gambling in which some people gain a lot of money while others lose a huge sum of their money so we should not accept such a risky investment about which we are not confirmed whether it's worthy or not. So I don't think that meme coins can ever perform like top potential coins therefore don't drop your money in hope of gaining more.

Senior man you are correct any ways since what I actually mean is long term presence in the market, there is no doubt in the fact that memecoins have done significantly well since that past two years but then since their presence is based on hypes just like every other cryptocurrency market hypes that last for short term and highly speculative in nature,  this makes it hard for investors to have confidence in memecoins unless for those that want to gamble with they funds.

Just like you rightly stated in the last paragraph that memecoins have ability to make  huge profits and at the same time could crashed to zero,  this makes memecoins not a motivating investment to many people such as myself and I believe their are just hypes.

I actually worry that newcomers think bitcoin and crypto are scams because they are tempted to buy meme coins in the hope that it will make them rich. Meme coins are a risky and speculative asset. No one can guess which projects have potential because meme coins have no fundamentals. I personally experienced a lot of losses in meme coins because I couldn't find potential projects. I don't seem to have any luck on meme coins.

No, that isn't actually accurate. Memes have been making serious waves in the market even since last year, that's excluding Shiba Inu and Dogecoin presence. Look at the memes on the Solana chain and see how much in revenue they've raked in for Solana. Let's just even look at Bonk and WIF alone. See how great they did and are still doing. What about TonFish on the Ton chain? What about BRC20 coming up on the Bitcoin chain? Memes are doing well now, though they're highly risky. They're the gambling part of cryptos. They can flip small cash but at the same time can cause one to lose all.

Most of the times, despite the fact that memecoin haven’t made that debut market entry and impact where the price benchmark can reflect on the general crypto-currency market but we have to acknowledge the possibility of the hype created around memecoins to be a major driving force for the meme market of there manage to control the space and time will and building a good visibility for the project's.

But my advice on a general notes is that, we should nit trust so much on memecoins since their lack the foundation and plans that can sustain them on long term base.

Yes, memes are doing just that and they're doing it conveniently well. We know that people like where there's hype. That's how memes survive – with hype and noise. We can see how the Bitcoin chain has also been used to create memes. It's a record that for the first time, Bitcoin ecosystem is able to embrace something else that's not Bitcoin. Smart projects don't want to miss out on the trending meme hype. That's why they're creating BRC20 tokens to draw attention to the ecosystem and also make money from them. People should pay attention to Runes and other BRC20 tokens this bull run. I'm of the opinion that these tokens will print money for those who will invest early enough.

A lot of people are hunting new meme tokens without any premined coin. As you can see that how some new meme tokens got craze volume caused by they are still doing the right by gave no premiene to the creators. It was also triggering the whales to pump the price of meme token.
People are not even caring anymore with the fundamental from the project. They keen to buy the meme token that can make them becomes the next millionaire. The trend is now shifting to the meme token.

People are not even interesting anymore to gamble on the utility token these days as they lack of volumes. Look at what happened with game fi token. It has always lost its volume while meme token can always retain its volume even during the bearish market.
It shows that how people are losing their interest to buy utility tokens. The fact that if it has not become a trend again these days. This is why im holding meme token now.

Bought bonk from the bottom last year and it's increasing a lot.

BTC, like you said is getting boring already and since not many have what it takes to own many Bitcoins, they opt for another one with good potential, hopefully they have many of them and it rises and they're rich. That's why a lot of people try as much as they can to keep earning these coins as long as it is risk free. A good example is the MANEKI token you mentioned. Just a look at how much of it is being airdropped on Bitget Candybomb will tell you how hungry users are for meme coins and airdrop events because they know they can earn those coins for free from just doing simple tasks, so expect meme coins to keep making waves in the crypto space as long as they are volatile and they can make you rich overnight in the bull market.

I somewhat always consider these meme coin that suddenly achieved such massive market capitalization to be an independent trend to bitcoin bullrun but still entangled somehow i mean with the market trend that is more bullish these meme coin that suddenly reached hundred million dollar market cap are suddenly went up in term of statistics.
I do believe that in every bullrun trend of bitcoin regardless there will be some random meme coin making a name in the market out of nowhere, we don't know how these memecoin could become this massive just within a short span of time I mean even the best project out there that are heavily invested by binance, coinbase and any tier 3 investors and above out there are requiring massive commitment and effort to get to their market capitalization where its usually just few hundred millions of dollar but these meme coin out of a whim just could reach that much price increase.
as long as its contributing towards the flow of investment going in to crypto market though i'm fine, might also try to snipes some of these meme coin someday.

I am very certain that meme tokens are going to do well in the market that is why I am taking the opportunity to invest and buy some good meme coins so that I can earn some profits from the bull that we are all expecting to commenced soon.
There are good projects we could buy and hold in the market if we want to make lot of money in the crypto market. One of the problems or challenges many people are facing is inability for them to keep holding.

Yes. Sustenance is already regulated and sometimes it comes from coins that we did not expect before whether it is a micin coin or not. But most micin coins are closely related as you said and have a risk bound.

If we ask also to fellow friends, the reason is that they are just for fun, if we focus on it, we often lose, let alone invest a lot. Usually buy it for only $ 10. But anyone who buys early will always be a trader when the hype for the coin is pumped very hard by the bookmakers.

There's only one true underdog... fairly launched with no premine, ICO, instamine or presale of any kind. It's private and fungible like XMR but capped like BTC (no tail emission). Solo-Mining only, NO ASICS, over ~50 years with a smooth emission curve and it comes right out of Satoshi's asshole.

You're damn right that this will fuel the next crypto craze.

Be honest if you really believe in memecoins, I just want to say that they are introduced and propagated as Ponzi in nature. Seeing the risk is higher than seeing the opportunity, but because of greed, we easily accept it and then things are spread excessively. But after all, it is only a small part of the crypto environment and we have other things to worry about than hunting for new memes on platforms and bringing it to crypto. Anyway, each of us has different views on how to build a plan, the common thing is probably that everyone wants to make a profit, so before thinking about a plan to increase an investment account, we should also be ready to face any situation that will occur with that investment.

Cryptocurrency is entirely our focused because making money requires positive mentality and energy. Memecoins have been in the picture and knowing our grounds in the system. I'm not filing up anything sticking to the current situation on ground and ensuring I'm making huge figures at the end of bull and bear season. We should be able to hits the crucial part in the system. I know how difficult and challenging it can be for most traders in the system, but it's our cause to know how the system operates.

You've spoken well, because of the hype that comes with memecoins, users especially newbies tend to shift to that direction. While I believe that memes are important in the crypto space, it's also crucial to position yourself wisely and know the risks before getting involved. Bitget memezone has been my go-to in terms of memes. I've gotten bome, Slerf, wif early and now they've introduced MANEKI with candybomb initiative attached..(OP mentioned it). The meme seem to be gaining momentum both on X l, Discord, telegram and Reddit. Will definitely ride the wave with this using my strategy. NFA though.

This is why people need to appreciate altcoins even memecoins more. They need to understand that it is more than just the profit we are after but rather the experiment and testing that comes with developing a new blockchain and other features that could help and be implemented in the bitcoin’s.

Being the first and inarguably the best cryptocurrency out there it is no shock that bitcoin controls pretty much the overall market sentiment and I’m pretty sure it will stay that way for a long time.

Certainly, the scalability of block chain and transaction fee are critical factors of any block chain network to determine their efficiency, and it is interesting to note that Solana is a leading network in this regard as it can successfully handle large volumes without experiencing network congestion.

Regarding meme coins, their role is important to test efficiency of block chains due to their high transactions volumes, however I firmly believe that Bitcoin remains a pivotal factor in driving and sustaining the bull runs of cryptocurrencies market.

It is true and if people end up gaining losses maybe it is on them.

We are all entitled to do our own research. We can’t just jump in blindly and invest on the first thing we see. As investors, we are expected to take risks but not just any kind of risks. We have to be making educated decisions somwe have to find that balance between risky and safe.

Honestly with memecoins it’s too difficult to predict what will happen to a project but sometimes it’s just full of luck. Some people never actually expected for projects to soar but they do end up going upwards. Of course you need to be careful with what to do with those coins after you’ve soared but the point is even though it is so rare if you get hit by that you are easily a wealthy man.

It can somehow open some awareness towards learning more about crypto if they eager to expand their knowledge on their investment since for sure they will be redirected to the best altcoins or rather they will go directly with bitcoin and became a long term holder. But for other greedy people thinking about they can get a lot of money from meme coin then provably that they will get discourage and curse meme coin and the whole crypto just because of negative things happened to them.

That's why a investors should do full research towards what they try to do so that their will be a lot more of knowledge they can gather and for sure that this is helpful for them in long term especially if they became more knowledgeable on crypto and also on the investments they made.

Truly memecoins provides the hype and speculations that attracts investors to the crypto market, as stated in the OP, many people don't have that patience to wait on long term projects like Bitcoin and Ethereum, so they're ready to gamble their funds to make profits on the short term. I believe that this is the major reason why memecoins are fueling the crypto craze, as the subject of this thread captions it, and thanks to the Solana, network that is energized and accepting them as many as they come. But investors should understand that all that glitters is not gold, therefore they should carry out research first and invest the amount that they can afford to loose

Meme coins are a high risk investment. With the recent hype of meme coins there has a lot of new projects that have come up. Not all of them are genuine but scammers are utilizing this opportunity to scam investors. As Solana network has seen an unprecedented growth due to meme coins there have been lot of scams that are now coming out. I don't think we will see again a hype but those existing ones will perform well in the next bull run.

Yes? No? Maybe?
I mean anything can happen during the bull run or in this case, the crypto craze that OP said.

Last bull run, who would've expected that NFT games, and NFT pictures will be that popular to a point where everybody (including me) is investing into it? No one expected it to happen, but it is what it is. If I will say any category that might fuel the next bull run like what NFT did during the last bull run, it will be AI coins and RWA coins. I don't know why, but they might be the one that will fuel this crypto craze OP is saying. As for meme coins, it's a big part of the crypto space knowing that most of them are being called as "community coins" however, I don't see them doing the same as NFT did last bull run. What's sure though is that meme coins will increase in price during the bull market.

Anyway, I might be wrong though and we might see many meme coins projects in the future but for now, it's AI and RWA that I'm seeing.

I believe so too. Remember the last bull run, when Shiba, Pepe, Doge, and Safemoon spearheaded it? Right now, the Solana ecosystem is at the heart of it. I suggest we pay attention to it, but be mindful of the risks involved, as once the market is in full flow, we'll see a lot of memes dominating. For Maneki, Solana mobile phone holders are eligible for a $100 airdrop, and the meme is already trading on A- and B-list platforms.
https://twitter.com/bitgetglobal/status/1783824062784938380?t=uuzPEs9L-WbKjCiZ7KVl6Q&s=19

Mate, you've mentioned the term. And with every mania, there's always an ending to it and you probably haven't seen it yet, that this craze has already started and will indefinitely stop soon. The narratives in the crypto market has been changing constantly and if so, you're going to enter on it be prepared for the changes that you're going to experience.

While this is possible but when it happens, make sure that you have already taken your profits because these pumps that usually happen in the meme coins are gone quickly.

Because of its hype that’s why there’s an interest about it and the possible to make huge profit.
If memecoins will start another bullish trend, then it could be good to the market, also if you know how to deal with the memecoins then you can have the chance to make huge profit. Once the community moves towards the bull trend, then we can expect a bullish trend again and I still expect the top coins will lead the market.

Hopefully, memecoins will relatively cause a huge impact for the massive crypto rise someday. As we see the current situation of our crypto market, there's always a sudden change with an unexpected market trend. The huge community is unstoppable, it's either a good flow of your asset or could be downside of the market.
Memecoins is just starting the race of progress, this might be the sleeping giant and that's one of the reason why traders gain more desire to own this type of crypto.

Yes, it's true that the meme hype was at the beginning with the bullrun that started, the market was getting crowded because of the meme craze that was increasingly scattered in this market because the demand increased, so with the presale that the team made like a joke, it was much in demand. I don't know if it's because they want to get rich quick, they think of instant rich schemes, plus many influencers show portfolios on social media to attract a lot of attention.

Yeah Ethereum was following the Bull Market alongside with bitcoin and it was doing well with $4,768 and when people see that Ethereum was doing well in the cryptocurrency market and people started investing in it and suddenly the coins network was congested with high transaction fee and that slow down the massive purchase of the coin. And the developers too could not do anything to douse the situation. I also bought Ethereum thinking that it will go up as bitcoin did but instead it was coming down.

So I left it and I was planning to invest more. When I checked Solana network it was the same. So I didn't see any coin in the altcoins section that will make the cryptocurrency crazy in the future.

The way meme coins had been popular, no doubt they'll be the reason for next bull run. Can't be sure about Dogecoin but in my experience, there had been an huge accumulation on most of the popular meme coins like Shiba Inu, Pepe, BOME, Dogwifhat, BONK and MEW. I myself and a lot of my friends holds a few of them atleast. Can't tell about others but there are several more newer memecoins that are being accumulated with the speculation of large growth. Meme coins have had the largest growth in marketcap and are still in huge demand. The people buying now won't sell them in cheap making them a good investment for bull run.

you get lucky when you have some of them before it got hyped by someone and the community starts pumping the memecoin. when someone posts they profited thousands out of 100$ worth of memecoin investment, i'm sure it will inspire a social media user. thus begins this craze.  no elon musk needed already.

i have no idea about Maneki but if you feel like it will be the next memecoin to be bought by thousands of memecoin investors, it's your money.

That's because these traders are driven because of profit they don't look for fundamentals all they want to be is to be one of the early investors of these meme coins/tokens and they will wait for the next action of the whales.
These meme coins/tokens have become the playing ground for whales to make a profit, so if you're a gullible investor and sold out to the hype of a particular meme you will find yourself waking up and finding out that you lost your investment.

I checked the meme coin mentioned in your thread Take Maneki, it's going downhill and volume is crashing, only $56 volume in 24 hours, it's only a matter of time before this one becomes a dead meme like all the rest of meem coins/tokens.

Definitely not. Meme coin always just riding the hype if the bullrun market already started. Meme coins is like the convenience store of crypto markets which is the go to buy of most traders that looking for quick gains. With this kind of thinking of the majority, meme coin pump due to the ripple effect when there’s already an increase of buy demand.

They are the trend starter of crypto craze but rather they are leeches on crypto market since they usually siphoned the liquidity from Bitcoin and altcoins markets after the taking profit part of traders that purchased early on crypto market.

I quite doubt. Well, it is indeed profitable to many investors despite of some features such as utility. Most of memecoins' market value are manipulated by whales and hype over the market in general. Most of the increase on the market prices are big indeed and to the same extent it is also the reason why sudden dump takes place. I doubt that it could be the fuel of next crypto craze simply because out of numerous memecoin projects, only a few are succeeding and becoming something "bigger" upon enlistment on different exchangers such as $PEPE, SHIB, and DOGE. The hype or popularity of memecoins are still there but to fuel the next crypto craze is just something. If it is with new narratives in the market, RWA and AIs has a bigger chance for a new trend.

At the end of the day, we'll just see it once the bullrun has started. Will still be sticking with major coins and I now included Solana on my portfolio.

Memecoin had been a significant part of bull run. Last time on the large bull run Ethereum network couldn't keep up with the bull run and congestion on ETH network led to botched pump on altcoins and specially meme tokens. But today, there are many options, Solana the leader of memecoin has been able to easily handle the large number of memecoin transactions and in case they fail, halt or is too congested, the memecoin bull would just shift to base, Ton or BSC and likes. Whatever be the platform, no other coins can give the same momentum as memecoins in the bull run.

Look, I get it - meme culture is now ingrained in how we communicate online, especially in the crypto world. We've seen the soaring popularity of meme coins like DOGE and SHIB, capturing people's imaginations and FOMO.

But what if the next big meme coin sensation came from a random underdog project? Take Maneki for example on the Solana ecosystem. This Japanese lucky cat-themed coin started as just a community meme, but now sits at a $200 million market cap after doing crazy supply burns and incentivized liquidity schemes.

Solana has been brilliant at gamifying crypto and rewarding its growing community with meme-fueled airdrops and incentives. It's like waking up to free money in your wallet - which undoubtedly helps onboard new users. And now with exchanges like Bitget listing Maneki, the hype cycle could really take off.

Let's be real, while lacking fundamentals, meme coins provide the speculation and hype that attracts newcomers to crypto. In these tough market conditions, they're among the few assets still generating profits for degenerate traders. Established assets like Bitcoin and Ethereum have become stale and boring for many.

The rising meme coin mania shows the power of community narratives and viral cultural trends in this space. If cultivated right, the next memecoin could very well capture the spotlight in 2024's bull cycle.