Bitcoin Forum

I decided to check out coinmarketcap.com/new today for any new listed projects but what I saw is heartbreaking, many people are just creating versions of their own meme coins over and over, if you see this and you don't have a change of mind about meme coins you will forever be a fool

https://i.imgur.com/Jmf7azP.jpg

They are patiently waiting to start an hype and idiots who want to buy Mansions in a week will start buying in

If you asking who is gonna buy this idiots token?

Off course the Idiots person who bought the token ~XD Anyway, from my opinion cryptocurrency user is the most easy to be victim of scam with such a new project or easy for targeting scam. That's why, we're crypto is really a heaven space for a scammer because the scammer can easily get out without being track or going to jail~LOL.

Why is it heartbreaking?
People can create as many coins as they want, the question is whether they can find enough people to make such a project a sustainable success. Over the years, there have been hundreds if not thousands of different meme coins or tokens, and in principle only two have prevailed: Doge and Shiba Inu. All the others have disappeared from the scene. The same will happen with these coins. So nothing you should waste your time with.

But the question I want to ask here is, I understand it takes a couple of processes to get listed on a platform like coinmarketcap.com so how do these shit coins get listed easily like that?
It is a crypto space where people believe they can invest in anything and make turns of money, rightly so or maybe not but people that will invest will  ;D

Those crypto enthusiast knows the value of this token compared to those top coins in the market list. They are just part cryptoworld but not on the profitable side. Unless it will be supported with highly influenced people.

Coinmarketcap just a coin provider information.

If your coin meet the criteria listing from coinmarketcap they will be listed no matter scam or not : https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria check there to know the fully information how to get listed on coinmarketcap.

I totally agree with you here and to be honest i am still baffled that this meme-coin hype is still ongoing and that there are people out there that are still buying into new meme-coins everyday. I mean if at least 10 new meme-coins come up every day it should be pretty obvious to everyone out there, that 99% percent of them will be completely gone in a few weeks or maybe months. I guess that most of those early investors are experienced day traders that buy into these coins as soon as possible that dump on people that buy in later once those projects are listed on coinmarketcap and so on. It's sad to see that projects like this take away money and liquidity from real projects with a use case.

You're right with your observation. I have often wondered how that came to be too, knowing that in the past part of the Coinmarketcap (CMC) requirement was that the proposed token/coin would first get listed on two exchanges and with a certain trading volume of not less than $50,000 or so (I ain't sure any more now) before the CMC would consider a project. Then the CMC dominated this industry like a lord until Coingecko came on board. That isn't so any more. Projects now get easily listed on CMC as fast as the speed of light because CMC has to soft pedal to woo projects for patronage. Otherwise, it would lose that project to Coingecko's listing. I believe this is what makes every new project (shit projects inclusive) get easily listed on CMC now.

Well, the site shouldn't be making it easy for people doing this to scam people and spam crypto space with substandard projects. There will always be copy cats who will take advantage of a situation to become rich, rather than creating something useful and safe for people. Sites should make it difficult for them to be exposed to the public just like that . You'll need to pass certain Cryptocurrency Standards before your project can be visible to the public for serious use.

Why are you affected though, this is the new ICO, popping like mushrooms and then just wait for newbies to fall for it, rinse and repeat for this developers. So this is the danger of crypto investments, if you don't kno what you are doing and just riding the hype, you are going to lose tons of money here. This is not a get rich quick scheme, it's a long and hard journey. Of course you might get lucky, but what are the chances of you becoming a crypto millionaire by investing on those meme coins?

It's fairly easy to create a token, so companies as well as individuals play around with them. These coins are not likely to succeed, but there's some chance of it if newbies invest by mistake of not taking into account marketcap and overall popularity of coins. Dogecoin is a meme coin, boosted by Elon Musk, but it's also an old and popular altcoin that has been used in the gambling industry for years, whereas these coins are just completely useless clones. But it's an open market, so everyone has their right to multiply the amount of tokens, adding their product to thousands of others.

This is close to a scam attempts already, the people behind the project are really taking advantage of newbies just joining the market and then hopefully they invest on this so called meme coins, all copy cats of Doge of course. And this is the after effect of Elon Musk twitting about Doge. So it's a domino effect and I would say that it is really bad for crypto in general. This could be worst that 2017's ICO craze.

Now they can just hire someone to create this meme coins, go to 4chan to promote it and then the shills will come to make the project look legit.

those people are not crypto enthusiast, its people chasing quick gains that makes them a gambler. Crypto enthusiast are people who support blockchains that bring benefit to crypto not those who chase for profits only.

Many of these are scam assets. People will look for ways to get free money after Doge and Shiba. Many merchants of hope can deceive people about this. You should never invest in these assets, if you do, you should invest very small amounts of money.

You have to remember that this market mostly consists from idiots and idiots have ton of money to spend. These people are not in here for tech, they are literally hunting anything that could moon and milked by people who are smelling dumb money because tokens are easy and fast to create. Before this there were ton of useless bitcoin forks right after bitcoin mooned violently.

This happens when people can't tell apart what's good and what's not, nor do they care.

Imho meme tokens should be categorized as such by binance in cmc by grouping them. It hurts to see Inu Shiba under "innovation" when there's zero innovativity behind it.

Coinmarketcap have no business poking nose into how good a project is if how bad it is for the world, the job of coinmarketcap is to make every coins and tokens available in one list and provide the projects information to the world

It's been like this as far as I can remember. This is one of the downside from decentralization. A lot of people come up with silly and scam ideas to get money from retail investors. Pretty sure it will die soon, and then the new trend will start. It's just one cycle after another. You'll probably lose a lot of money unless you're lucky.

TBH, CMC was degrading after it got acquired by binance. So many shitcoins can enter into the CMC easily without any validation. There are bunch of scammers keep issuing more and more scam coins.
Those who have bought such garbage tokens have no brain. In my opinion if they were fully manipulated.
I will always try to avoid any scam coin like those coins. I hope that CMC will put a strict requirement to listing a new coin.

Well, only beginners will be a victim for theses new meme tokens, there are already a lot of new tokens listed in the coingeko, I am really wondering the amount of volume and the number of people who bought the token, it just like means that cryptocurrency is now having a lot of newbies and they are really investing in some meme coins. Cryptocurrency is really full of scammers and beginners are always the victim of these scams, well even the expert already got scammed before, I am just hoping that they will just learn from the mistakes.

These meme coins are not helping the market these are all ruining the image of the crypto market because these all meme coins are pump dump coins only a few people earn and the majority of the investors book the huge loss in the end. Nobody can control such a project because it is decentralized but as investors and traders we should think sensibly should focus on traditional coins that are much much better than these coins they will not diminish like meme coins. Only those who are launching such projects with dirt-cheap prices are making huge money from the amateur investors/traders who want quick money and they are successful in trapping such investors/traders.

I feel the same about all these new meme coin. I wish the exchanges would make a special category for meme coins so they don't show up anywhere on the main pages. The risk of these coins are huge because the coins are almost worthless. The only thing as investors we can do is to not invest into them and just avoid it. If no one talks about these coins than they will eventually just die.

There are so many newly created "meme coin" in the market right now that serves no real purpose. Most of this project is just a pump and dump scheme where investors who bought first will only take a big profit. We can't blame investors for investing on these projects, They are only investing for quick profits and I know they know the great risk of investing in this kind of project. If you don't know how to play their game, You will be burned by them  ;)

Actually,  it more than heartbreaking,  it is  an infestation!  The spam of new coin on ethereum and binance chain especially is shameful  and I hope somebody do something about this.  Although you may not able to stop anybody from creating spam project but you can make it expensive for them to do so!

Indeed, this is the reason why many shitcoins were listed in CMC, the criteria is not complicated.

After the hype of Doge, many coins were created for the hope of following doge, investors who are looking for risky but easy money are supporting these coins because they thought this is the way to get rich instantly if the price pump.

But these coins are the reason why many investors are losing their money, no use case and the aim is to scam people.

That is normal to see people create a meme coin because they want to make money from that and they hope that someday, their coin or token can get a tweet from Elon and lift their price so high. You do not have to feel heartbreaking to see that list and just focus on the other potential coins to give you the profit. But we do not know who will buy those meme coins or tokens because people will not just say that they already bought those coins or tokens.

This is funny but very sad and dangerous at the same time, however I don't really think many people would be fool enough to invest their amounts in these shit coins created by individuals without any vision and most probably there can be many scams as well, so hence, I don't think with the information, knowledge and awareness we have about crypto today, not many would fall for them!

If they are not on the profitable side then what is their value? I understand some cryptocurrency investors do sometimes invest in shit coins like this hoping they get pumped and they make some profits out 9f them which actually happens sometimes and I guess that's the risk they are willing to take.

Well I see no difference at all?
At least now they are honest about it unlike back then and untill now some projects are trying hard to look good while they are only good at their initial offering or while they are looking for investors.
At least they are stating that they are meme coin unlike those who are trying hard but deep inside their just a shit coin or scam.

where there are coins that have just risen there must be meme coins that resemble those who want to take advantage of a crowd that ends up being trash coins.

Different stroke for different folks, who knows what is in the mind of some people, times and again people are being warned to be careful with the type of project they invest and dyor before anything, since people are very desperate to make quick money the tendency for them to fall victim of this type of project is high, i hope people can be wise.

Thank you for introducing us the link. I'm actually not aware we can actually check new tokens listed on CMC by going to coinmarketcap.com/new

Sad part is that even when no Elon tweets about these new dog tokens, they are bought by clueless investors. Well,  when a joke is told, dont be the last to laugh.

Hearthbreaking for those people who go all in on this meme coin. I just spend a few $ to buy this meme coins on pancakeswap, buying meme coins like this same like you buying lotere.

just a joke..the impact of the doge trend and a lot of coins is not serious..
but we ourselves will not know how the development of such coins will be, I will still be with coins that have a good future such as ethereum or bitcoin.

it's okay to buy these kinds of coins but you should never fall in love with them, remember that you want to earn not to keep lots of coins that have just value in the start and became trash in the future, you know how to trade, then it's okay but if you are a hodl type of person, it's not for you, you should invest on coins who has future in the digital world, not all meme coins will have the same faith like dogecoin, and they will just come crashing to the ground in the future, only those who have use case are here to stay.

Everytime bulls happen, new tokens with lack of function will come to the market.
Its our responsibility to educate people about it, unless we will suffer marketcap full of shitcoin.

These meme coins are completely worthless so people will find it easy to invest on them, invest 10$ on these shitcoins can bring you thousand of dollars if many others start buying too but we can't deny the fact that these coins are 100% scam coins, everyone are building their own dogecoin to make fast money

Why the Coinmarketcap and Coingecko are listing these shitcoins. Now there are hundreds of shitcoins creating daily and they are waste of money.
Can anyone list their token on Coinmarketcap or Coingecko? Is it easy to list your token on Coinmarketcap or Coingecko?

I think yes, its not hard to list on cmc, its not something hard like listing on a market.
Also, why listed on cmc and coingecko become something so special to the community, im a bit confused about it.

You know what's sad about this? Those things are up, and going up as well. That's the scary and sad thing about this situation because people know that there are idiots out there who will buy and hope to get a mansion in a week and then the real idiots go in thinking about those idiots. This creates a cycle and that's the horrible thing about this situation is currently.

I do not know what to do, I do not know how to stop people but the reality is that if we are in a situation where even the most stupidest copy paste idiotic tokens are bought because it is known it will be bought, creating a cycle of buys, that is really very sad for our world. I hope that soon all of this doge, shiba, whatever meme things will end soon and we will end up back again to putting our money into projects that are actually trying to do something and improve upon the past.

Yes we should make it expensive for people to create projects. We should also regulate the industry. Let's get Wall St, big tech and the government to step in and stop this nonsense. That's what true decentralisation is about.

We need a nanny state to protect people from everything dangerous.

Only projects with a real world use case, that have a ton of complexity and a ton of risk should be allowed to exist. We should have the same thing in the traditional startups. We can't allow 90% of startups to fail, we must ensure that only projects that actually have 90% chance of success get off the ground.

Because as we know, projects with a real world use case don't have any risk. There is no execution, team, market, technology risk with projects that have a use case. You basically invest money into those and you're pretty safe.

The same thing needs to happen on the internet as a whole. More regulation, more centralisation, more censorship to make sure we can eliminate most harms.

For a comment on a forum such as this, I would have expected better informed and more erudite response.

Bad players will always exist, bad projects will exist, bad execution will exist, money will be lost, people will get scammed, people will fall victim to others.

Even more so in cryptocurrency or any emerging industry. It's the same with the internet, people get scammed by Nigerian emails scams, fake calls, phishing SMS, etc etc.

The solution is not regulation but eduction and innovation.

And not every project that is successful is so because they have the best product or the best team or the best execution. This is suvivorship bias. If we knew the recipe of success and why some succeed and some fail we would all be millionaires.

Vine failed, TikTok succeeded. Same idea.
Myspace failed. Facebook succeeded. Same idea.
Doge succeded, a lot of more legitimate real world use case projects failed.

crypto is about free markets without the bounds of big players that want to protect their monopoly. This will inevitably attract a lot of scammers. It does not mean every meme crypto idea is a scam, it also does not mean every idea that doesn't have a 'I want to change the world' mentality and application is going to fail.

Business is about making a community and making people belive something has value. If enough people believe it and promote it it can succeed. What is the true value of a piece of paper that is a currency (USD, GBP)? That paper is effectively worthless, what makes it have value, is that enough people believe that it is going to be accepted by the other guy as a medium of exchange. That is all. That works until it doesnt. Take a lesson from history when hyperinflation takes hold, how much a currency is actually worth. From Germany, to China, to Venezuela to the Soviet Union.

Scammers need to be driven out, but not legitimate people with project ideas. Even if you think those ideas stupid.

Don't do a deservice to all of us by bunching up what you think of as a stupid idea with a scam. There is a vast difference. Once is morally, legally and ethically wrong. The other is none of those.

We need more information/education/data to seperate the legitimate from the scams. Not a subjective opinion on what is stupid vs what is good.

If you hold the power to decide subjectively who gets a chance vs who does not, you're no different than the dictators of the past. And ultimately that power will come for you.

The meme tokens aren't really the issue where the bone of contention lies is if the project can attract huge investors who could possibly buy a big share of the for an amount reasonable enough to add value to it. Looking down on most of this tokens might possibly trigger some surprises in the near future just my thoughts

This is not a heartbreaking but an alarming situation where everyone can easily create their own token and scam people, I'm staying away for the hype of meme token and for me, it's not that active anymore right now and the hype is slowly dying. DOGE started this all especially with a hype of Elon, many lose their money and that's the result for being greedy, we should always learn from this bad experience.

The good news is that the hype and trend made by Elon for the meme coins seems to be dying.

Those meme coins creator will still keep making but as part of the community, we should have ourselves prepare that we're not going to buy those.

More of the newbies should avoid buying them because there's a bigger possibility that they could lose money.

Well, that is your assignment to find out how these got listed easily at the coinmarketcap, because We all know that listing at CMC is not that easy to do, and their restriction was too high. so what I can say is we shouldn't underestimate a coin or mem coins that we see here in this industry, because often who we called shitcoins that we think have no potentials in the future is the one who suddenly raises the price and suddenly increases the market volume, just like what happened with Dogecoin and shiba Inu.

You really don't have to be surprised about this anymore nor be feeling like how you do now. Just ignore these meme coins and watch them fail along with all the other trashcoins that were created and failed all throughout the years. Just imagine how such crap coins like memecoins survive when there are even good projects that have good developers and partners behind them that didn't survive the test of time and failed in the past? Believe me, this type of things will happen a lot more than what you think but will slowly decrease in time just like many scam ICOs in the past. People who would invest in such things deserve whatever comes to them good or bad. Good, if they gain profits because of being courageous, bad if they failed due to lack of knowledge, stubbornness and stupidity.

Lots and lots of meme coins are getting listed on the coinmarketcap. Nothing as heartbreaking, because this has been there from the previous bull trend when ERC 20 projects were more popular. By that time more such projects reached the market and some turned to be potential ones through continued development. Maybe few can get a transition over years of survival.

It is all about luck and it's our responsibility to decide and stay safe or to take risk with these meme coins.

Let's see. They can pump up so significantly only in a short time. But, they will fall down very easily, to the bottom, more than the first price in the market soon after getting this higher pump by the FOMO and hype. this is bad because there are still many people who are interested and also following this kind of new project based on the hype and also FOMO. I remember seeing many comments who always promote these new coins, memes, and also doge-like coins. LOL.
be careful, it is better to stay away from these kinds of coins if we are new to this or we don't really know how to utilize the right moment to buy and sell the coins.

Not every rich person is smart and intelligent so who are the target of such hyped memecoins which are created for fun but actually it was created due to the popularity of Dogecoin since they knows that people are going to be crazy about DOGE coin in the near future. Scammers trying their best while investors are still dumb enough to understand what is happening with such projects.

There are a lot of this coins that are being given by an airdrops. As participants of airdrops for me it is not important if the tokens i received in an airdrops is legit nor a meme. The fact that do not believe of all coins that are in the market is profitable most of them are just pump and dump coins. This situation where in people saw a new coin will invest immediately not knowing the background of that certain coin and eventually lose there money.

Lesson learned, never ever buy again such memes coin because that's for fun only and it will not long last especially if those creator of that coin already gained good profits. Did you know that those coins emerged after dogecoin? For short they're just a copy paste to get some attention in the space wherein their attention is to make good profits in their own not for those who will contribute on the projects.

Actually for me it's not a heartbreaking, this is a great view of cryptocurrency world. That means this crypto world is growing, new projects are coming everyday even most of them are scam but there are also few of them are promising and make us profitable. I'm happy to keep seeing new crypto projects every day until one day every transaction in this world based on cryptocurrency (or blockchain), and that's our dream right

For me they just want to take advantage of the hype and make meme coins every day to get big profits, considering this market so many newbies hope luck will come to them, so investing in meme Tokens is a shortcut to get rich when in fact most meme tokens age less than a month. it's ironic that people are vying for real losses.

It'll be dead for sure. Let them do what they wants and probably they'll stop once they get tired doing the same shit all over again. Probably newbies are easy targets for these kind of projects promising a x100000000 profit for initial investment.

This could be rather be stop only when crypto community ignores this type of greediness and stop promoting this shit.

And for sure, there are many newbies in crypto that will be screwed by these meme projects. And a lot of them will curse crypto because they lost they hard-earned money. This is the problem here. These people will blame crypto for something they don't know about. If you are a newbie, better stay away from hyped up projects because losing your funds is very high. Most of these meme coins or tokens will die very soon.

this is what i saw too in the trending coin section of coinmarketcap .  all are meme coins and not only that but everytime i open my twitter account new dog coins is what im going to see , this is pretty annoying . thank you elon musk for creating this mess but guys lets not forget that we have btc and other older coins to invest on . let us let them invest on meme coins if they want to because if they loose they will look for a better alternative .

Damn I can understand when bitcoin is falling and those coins are growing but what I see here is just a mockery

thats quite a zoo you got there  ;D ;D

I think that this right here is one of the main reasons crypto isn't considered serious by many people, it's just some "dog coins" for many. ???

I bought $FLOKI, $GODL, and $0xMR

Such coins will keep coming till the crypto market exist and we can not do anything anyone can bring their project and launch it. It depends on us whether we invest in these projects or not. There are many investors looking for such coins for quick money but it does not happen every time so investors should think wisely and should no trap in pump and dump coins.

that's what some people with big capital come up with to buy meme coins and can quickly get those tokens to the bottom once they've made a profit.
they pump and then crush rapidly. even the increase that occurs is sometimes very unreasonable.

It's a recurring theme.

Sometime in the 2016-2017 years..the theme was a master node.

Last year it's a defi and nft, after that a meme token with an animal name.

Many emerging as a new token. Only a small amount survive, some like meme,samo,shiba inu etc.

meme coin is really hype this year because Elon is always fomo doge coin (one of the first meme coin) there are some that are successful but many are also priceless meme coins or scams

What is happening.  Lol, I won't touch these bloodthirsty coins.  They've been baked into their own furnace to make money on the benefits of Elon's tweets, he must have started to get annoyed with these crap.  The thing that made me hide from my wife to invest this year based on my Dyor is Sovryn and PYR.  I didn't get carried away by the emotions of the Doge, Shiba,... and shitcoins.

Memecoins are not a good investment obviously and it is indeed disappointing witnessing many people wasting their money and creating their own version of a meme coin. This is what we get from the false hype that Elon publicized in twitter. Nevertheless, it should already be clear to you that patronizing meme coins will bring you nowhere but failure. Focus yourself on investing on potential altcoins as well as bitcoin if you really want your investment to become successful. If you are going to let people like Elon Musk deceive you, might as well rethink your decision making or else you will always end up failing with your investments.

You saw it in May. That is, that's the market conditions at that time. Now, do you often check the market? If you frequently check the current market, surely you will say something.
I'm sure, coins like that will not be bought. Especially those I mean are smart people. If I may give a verdict like the other participants, then I firmly say, the person who bought the coin is an idiot.

There are loads & loads of shit coins, most are scams. This is why it’s best to stick with the well known, reputable coins & stop trying to pick up the cheap penny coins.

And people followed him which isn't good until now, he keeps on making tweets about Dogecoin and people must stop following the hype about it.
Most of them are going to be rekt if they'll always follow Elon's tweet and hype, you should think about it people that these meme coins won't stay for long and will only make you lose money in the long run.

Absolutely.

We're currently seeing the end stages of an altcoin mania. There is no longer any real innovations going on in the ecosystem, everything is either a parody or a copy of an existing project except marketed better.

99/100 of these new tokens coming out will go to zero within 6 months. I can guarantee you that. Dogecoin was original and hence held its value relatively well, and none of these new tokens are original. You'd be a fool to be investing in this garbage.

It is not surprising at all to see this proliferation of meme coins. There are some decent coins which are being overlooked because of this doggy coin hype. I don't know why they list all these joke coins when there are serious projects having to wait a long time to get on CoinMarketCap. These pump and dump scams should have a lower priority because we don't know how long they will last and almost nobody is trading them.

Meme coins have been rampant these past few days but since we all know already how its future will be so there's no need to overthink about it and be bothered. Meme coins will always be good just for short term and after it pump, most of them cannot sustain to pump again so eventually, most of them end up worthless coins.

Just wait for a little time dude and soon you will see strong projects that will go out from its comfort zone. If there is a big community that will support it, then it will surely stay and create a very good value.

It's because of the money involved, exchanges are willing to list them because they will be traded if not heavy so there's a good profit for them. They doesn't care if it's going to be a meme or shitcoin, it's all about business.

And the real losers here are those crypto noobs who jump on the hype, never bother to check the status of the project and then complain later when they've lost so much money. Sad but true.

Sooner or later that hype would really vanished out in thin air and those coins which had been pumped by hype will definitely dumped down their prices when people are starting to cash out specially whales
and to those who would get caught on the dump will just simply whine and make out those regrets on why they had invested and realize in the end that they had made themselves get hooked with the hype
with those meme coins and this is  where you do get experience on this crypto market that you shouldnt really make yourself to be that impulsive towards news and hype because
you dont know on what would happen next unless if you do know on when to get out and secure profits then its fine but if not then its a sure lose.

this is all happening the meme coin trend has been popularized by very influential people so it is widely used by irresponsible people by making other types of meme coins to attract investors to get involved in it and in a very neat way can be listed on coinmarketcap  so that it can be trusted by many people to be able to invest or buy related coins.

heartbreaking because you are late to join? :D
btw, meme coins are indeed used to get instant profit by taking advantage of the community or influencers, not suitable for the long term because its function is not visible in real terms. and that's up to the respective developers, there's nothing wrong with making meme tokens as long as you can take advantage of the hype and rely on the community. while the hysteria is still there, the trend will continue to change, fuders and scammers will definitely follow the trend. because we can't stem it, so it's better for us to fortify ourselves with a base of knowledge and self-control so that we don't get caught in a scam or fud easily.

make elon musk have no power again by didnt follow his shill about meme coin , its have been take alot victim especially beginer traders that want instant profit . Meme coin truely only speculation assets in cryptocurrency market , and we should be wise when decided buying this coin.

Yes, that is actually true. Doesn't matter what we say here, the final decision will still belong to each investor. If they want to listen to Elon Musk they will do it, even though it is clear this guy caused huge damage to crypto market, especially bitcoin. But I believe once these investors lose money by following who they shouldn't, they will learn the lesson and stop doing that futurely. Some people only learn through the pain, so be it.

To be honest I avoid all meme tokens because I cannot see good point in the long term to hold those meme. I don't want to become one of the victim again from those fake potential token. I now decided to invest in real potential one particularly related to NFT because NFT now is moving crazy. That's my observation.

The same strategy will not always work but that could work if they modify it and attract people's attention to invest in their project. Yes, the meme coins come to us this year after Dogecoin getting the high price. We need to be careful because that trend will not stay on the market for a long time because the new trend will come and replace the old trend. So if we already make a profit, we need to get out before it is too late to realize the trend is over.

it would be better if they were willing to learn from their mistakes, because not a few people are desperate and feel cheated by the cryptocurrency world, they are the ones who will spread negative news about crypto, even though they themselves do not understand it, and finally they shared their bad experience with cryptocurrency to their colleagues

By its very name, meme coins are actually just jokers and in cards they have no real value at all. yes, there can be some meme coins that will eventually evolve to become a serious player just like Dogecoin and Shiba but majority of them are just thrash. People who invested in meme coins know full well the risks involved and possible rewards if there can be a mooning to happen...now all of those who innocently just came in and was swayed by the appeal of greed may have failed to know well what they are getting into and they must first be members of this forum to get the right mindset and education.

This kind of stuff really is heartbreaking. So much money being thrown away by people who will forever become jaded and avoid crypto in the near future. I don't want to push for regulation, I think it is enough to have independent gatekeepers like Coinmarketcap keeping these out of the industry. But CMC doesn't seem to care.

Of cause that is the way, it will always be. Even after all the talk about avoiding investing in all these shitcoins in order to avoid been scammed, you still see people investing in them why? like you said, They want to buy Mansions in a week.
I read a post in this space yesterday where someone was asking for help after losing all his/her investment on one meme coin. why was that? because of this same reason, wanted to get rich quickly. Even if you are so despite and do want to invest in all these shitcoins, at least be moderate in your investment, after all, the saying is always, Do not invest what you cannot afford to lose.

I thought we were all done with these meme coins that are just being purely hyped by Musk. People still really follow that guy's hype huh.
Good luck in the next decade for people that still hold into that though if he decides to say crap one day.

CoinMarketcap, Coingecko and other price tracking sites mostly the popular one should have a rigorous process before they start to list coins/tokens. New meme coins are totally absurd way to put your investment unless you can afford to lose that money in the first place. These hype will last and those who come early and get better returns will be the one to benefit the most, please take that in mind guys and gals.

coin memes should not be given a cynical response, considering the beginning of the BTC process and others also experienced the same thing, meaning that all coins have the same potential depending on how the coin owner pattern promotes and convinces coin lovers, don't think that the BTC process to become a coin prima donna is easy like many people's comments, without them realizing there are many things that BTC does to position itself as a trusted coin for many people even in the past the price of one BTC was not like the price we now know, there are so many series of processes that they have perfected well, so they just take advantage of the results of the process, I think that's the thought I can give

Definetly so sad, this is just like ICO hype like in 2017. Many people trying to make new coin through ICO process which turn out to be scam and useless project and make people lose money so much. People need to learn to stop invest in meme coin that give them promises to go to the moon. Its so sad that people dont want to invest in money game and ponzi scheme but the truth is ponzi and money game are the best project that many people take interest in.

There is a high chances of losing when it comes to meme coins, if you really want to take the risk you have to be smart, know when to get in with what you can afford to lose and know when to get out fast, meme coins have no real use but no matter how much you tell them they won't listen

For us, it is already finished but for other people, they think it will not be over. The meme coins are still trying to attract people to buy and invest in their project, but they do not know if those coins/tokens will increase because of their usage or just because of the pump and dump. I prefer to stay at the top 100 coin list instead of play with meme coins but that will be up to them.

That it looks like some people are just getting fun with the market and riding on its market spread just to fool newcomers with no-how about the market. Maybe they are just dreaming to win their intention because it is likely not. It is sad to see how these developers making their way to obviously scam people by creating clone projects without a reliable idea that could help the market but instead, they are ruining it and making people not trust crypto.

Yes.

As you take the risk, don't compromise the effort and risk that you're taking because it's your money that's on line.

In meme coins, there are a lot of choices for short term but if you want to grow, it has to be with those top coins.

With the advent of meme coins, some of which are artificially inflated in price over a period of time, a significant portion of newcomers will again suffer huge losses. As a result, the overall image of the cryptocurrency will also be damaged. However, we cannot do anything about it. Each of us has the right to make independent decisions in this market and be responsible for them.
I'm not interested in meme coins at all. For some of them, you can make a profit in the first period of hype growth, but this is quite risky, you need to have time to sell them in time. They are not suitable for long-term investments.

of course, the best choice is the top asset of the market.
while for meme coin just to take profit quickly. if you don't have the ability then you should not bet for meme coins.
we can see what percentage of meme coin projects and assets can survive long term in the market? Most after they create the hype it will immediately dump badly and then sit on the ground for a long time.

An incident like this wouldn't have happened if the Filipinos weren't hasty in making decisions, it wasn't that a lot of people joined this team, and why are they the only ones who got it. I think we need certainty in this matter if we don't want to share the same vision as them, so we need further analysis of this problem so that we all don't get caught up in the same thing as them, hopefully we can discuss further and find sources from this problem

Everything is extremely simple - the crypto market is MANIPULATIVE and SPECULATIVE. The creators of any coin hope that they will be able to manipulate (this word has both positive and negative components) to create speculative interest and sell "my charm" :)

Meme coins are for that.

You take quicker gains but if you stay for long, you'll get what you don't like and that is to get cumulative losses if you stay longer. That's what the meme developers do.

They make an easy and quick money for hyping their coin and then will eventually dump it for their gains.

Its be our fault if hope single man tweet could change price, doesn't it like centralized concept in cryptocurrency market ? it is really we depend to a tweet not various developtment. Truely, our research on token utility or usecase will help us to avoid this accident again ,natural or organic growth will be better than flash pump due influence popular person.

Some tokens are being created in the market every day. We start trading without any news of those tokens. Some days when the token is spread through some buyers in the market, it stops. We buy so many tokens and face looting. Some people Lose confidence in their crypto. So stay away from these national tokens. Start trading with good news.

Meme coin realy spreading dirt in crypto. Its too bad for crypto. There should be rule and regulations. If it not stopped then we never see crypto regulation in big countries. Memecoin now looking totally scam.

I believe people who engage in the crypto world, all want to get some profits. However, there are some people who diligently do their research, supporting real projects and hoping it could change the world in the future. They love the technology and utilities and are excited to see a massive adoption in the real future. On another side, there are people who really don't care about the crypto's future. They don't care about nurturing it and how to keep the image for common people, they only care about profits. Don't care about how and from where. Part of it, the people who buy meme coin and hype it. It's not a crime, but it certainly killing the growth of real projects. It will also distort common people's opinions about the crypto world.

Bullshit names , a Dog breed , a Elephant name and even unique sound of memecoins? Watta F@ck is happening in crypto world now ? and why still there are people that supports them ? i still don't know how come that there are still fool in our time now?
Hoping that people will listen to us and listen to what is necessary before investing and not just blame the market once they fail believing these scammers .
atleast you know where to stand now.

and you will never be fooled by this Liars .

I think what you have said has been representative of some people for now, in fact most people think that coin memes are an alternative for beginners, no one is willing to take the risk to invest, especially for those who are new to coins.

And I don't agree with people who make the coin meme version a joke, let them develop on their own, don't they have the same opportunities in the market, this year may not be so calculated or even they are considered insignificant.

But rest assured, in the coming year their position will definitely be in the calculated value, BTC itself has been in their position, until now they have become the coin that people dream of, that's the process that coin memes need to do, so that in the future they don't again considered a joke.

first timee I see these tokens or what's that

What's heartbreaking? it's their right to want to make as many such coins as possible, because you yourself will know that only good projects with a clear purpose can survive in the market, meme coins have been around for a long time and throughout history there are only two meme coins that are slightly better from other meme coins namely Doge and Shiba, the rest will disappear quickly in the market, you don't need to worry and waste your time for coins like this.

Lots of memecoins are created almost every single day, some can't survive for too long because no one is going to trade or invest in that coins. Those coins gives a lot of dirt in crypto world.
Memecoins could not survive and I know that for a fact. Once a memecoin will always be a memecoin except for dogecoin, that coin can be a dangerous joke. But who else would fall for that?
I mean only a fool will invest in those coins just like who created that in the first place.

In the bright side, btc is now getting brighter than before. We should not waste our time thinking about the memecoins.

100% agree.

The fact that people are making millions off meme NFTs and coins is really sad to see.

Crypto has lost its initial edge to an extent. A lot of the community is now a collection of teenagers trying to make a quick buck off the short term hype and don't care about the long term ideological battle whatsoever.

I really not interested in those memes coins, I don't even have a thought to get close to them. I always love projects with great fundamentals, utility, trustful team members, and have a clear goal in their roadmap. By this, I can leave my assets peacefully, and even though there will be some pump and dump I don't need to worry to get rugged. And if still, I got rugged then there will be no regret because I invested based on my own faith. For me, memes coin don't have a sense of art in developing and it's dull just to gain profits without real effort. It's only me though, I still respect those who want to gain profits from memes coin.

I myself am no longer interested in coins like that, don't care what they will turn out to be. Moreover, I have been traumatized by having felt the loss when I was a beginner because of the meme coin promo. As a result, now prefer coins whose fundamentals are clear, have been for many years and have high volume that are of interest to investors.

The meme coin fever will be over next year, they are not getting any more shills from their biggest supporter Elon and the price of Dogecoin the number one meme coin is going down, if you still holding meme coin it's about time to set a time where you are going to dump or you will be left as bagholders of these meme coins, they are obviously a pump and dump coins no value for the community not even platform.

We can't help this, when the markets grow, shit grows with it. There will be even more scams and crap projects then we ever thought possible. There will be copies of copies and there's always someone who will buy it.

A lot of memes are there already and developers who are liking to have the ride of scene will also catch up. But it's all on the investors if they allow that to happen.
Allowing that in a sense of buying those meme coins because you're all thinking that it will make you rich after investing on it and that's what you have to avoid investing in.

Well Crypto replaced Forex and Stocks as the most attractive market in terms of Accessibility.
And from those markets of yesteryear we inherited the concept of "Penny Stocks" -- often the domain of pump & dumps, fraud and riskiest speculation.

Penny Crypto was inevitable and its traditional characteristics were inevitably amplified with increased accessibility.

I think that all of them are doomed to failure like thousands of other coins on the crypto market, as there is a limit of tokens that are likely to be successful. Coins can be successful if they offer something new and useful and have a good marketing campaign.

Dogecoins and Shiba Iny have good patrons, that is why they pumped. But these coins are not likely to repeat their success.

I do not think it is wise to call people fools online, especially if they want to have a different opinion from what you think is right. By the way alot of people are making money trading this meme coins you are condemning.

That is a funny expression but it is true and I like it.  Whenever the market is increasing in price and drawing much attention, so many scammers will flood it to scam others

There are loads & loads of shit coins, most are scams. This is why it’s best to stick with the well known, reputable coins & stop trying to pick up the cheap penny coins.
Even if you buy these kind of coins dont hold them and sell them as quickly as possible even when you get any small return from them.

Coinmarketcap and other price aggregator should step up and categorised tokens as safe or not for investment especially for this meme coins. The problem on this kind of shitcoin business was the project are using the listing in CMC and Coingecko as hype for the project so that newbie investors will ape on the token even though its a garbage. This tokens are obviously worthless and scam but price aggregator took a blind eye on them since they are helping for the website exposure(worst paying for listing fee).

it will be difficult to change things like this because they actually only follow meme coins that have been pumped by billionaires, for example, doge or shiba.
they use the same thing in the hope that billionaires will pump to create fomo for their coins.
this is indeed very disturbing but indeed there is no prohibition for this and they are free to do so because indeed every day every hour maybe even within a few seconds there are lots of new coins or tokens like this.

Many memecoin has been launched after DogeCoin hype.  But none was successful. We should stay away from all these shitcoin. We must do research on that coin before we buy it. Because we can't put our hard earned money in the dark.

These meme coins were back or supported by personalities just because they wanted it, but it doesn’t mean that it will be the path of other coins. We should learn from 2017 ICO were tons of successful project after hitting their target amount just do exit scam when the market dumps at 2018. There are project only good at specific time so we should only hold coins who already withstand the test of keepin in the market despite all the struggles of the market been.

Many projects that are meme coin are binance smart chain project.  I think scammers have perfected the copy and paste of codes on bsc chain to create fake project to scam those that are looking for 24 hour daily profit.  Many people in Cryptocurrency are familiar with this kind of scam,  I am only worry about the newbies who truly want to invest in Cryptocurrency.  

Why are you on the earth focusing on these coins anyways ?
You should look into different direction if you ending up with these shit coins. Man, there are so many great projects out there who are working around the clock to become the best version of themselves! If that’s the case then you should be focusing on them, invest into them and keep increasing your portfolio. You stand a best chance to grow your portfolio if you are investing in right coin at right time. Just grab the top 10 or top 50 according to your budget and you are good to go in terms of profits.

The screenshot you sharing is joke to me. It’s funny no one has seen these coins ever in their lifetime. Lolz.

Newbies who want to invest in crypto should do well to educate themselves properly before investing in crypto, same newbies are the ones who prefer to buy this shitcoins over bitcoin or Ethereum because the shitcoins are cheaper.
The truth remains that, as long as crypto currencies aren't regulated, this form of scam won't stop anytime soon, this is if it will ever, it is totally up to us as individuals to educate ourselves and know where and where not to invest our money in this space.

But then, this makes me wonder why coinmarketcap keeping listing this projects easily while other reputable projects go through alot of scrutiny and process before getting listed.? Does binance owning coinmarketcap have anything to do with this?

And seeing this breaks my heart because clearly people have run out of ideas! I understand these crypto coins/ projects are open source but getting other versions of existing coins shows that we have run out of ideas which is heart breaking and unfortunately such projects wouldnt survive in the future as these will remain to be speculative for a very long time and these are created to benefit the devs.

Well educated is somewhat could only be seen after experiencing several situations because you couldnt able to learn on just able to read up but its better rather than having nothing at all but most of the time you do

able to realize it when you had actually able to see it for yourself.Being a noob is just normal because we do all start on that point because there's no such thing about being directly a pro which its understandable

but i agree that we must at least make out some research for us at least we do able to have some good grasp.Stick with top coins in the market which is BItcoin and altcoins on top ranks.

Meme coins do not have any practical use. Now their price raise because of the hype around meme coins.
But to raise for a long time the coin must be useful. Now P2P platforms are actively used, here more information about them https://twitter.com/AutobitcoP2P/status/1449611867781951488

Coin memes are increasingly circulating in the crypto world. hype of dogecoin as a successful coin meme, lure kumculuam
a new meme coin hoping to follow in the footsteps of the doge. but in fact this coin meme appears very much with the same concept but only makes
respective developer versions. no new innovations are offered.
The number of coins appearing like this only makes scam coins appear which after many people buy the meme coins due to their incredible increase, after getting the profits the developer disappears with the money invested.
it's better if we want to buy coins, buy coins that have a large marketcap and their clear project roadmap for the future.
look for profits from coins that do have good fundamentals, don't just wait for the hype to look for temporary profits.

LOL, I have never picked interest in any of these meme coins, not even Dogecoin itself, despite the Elon Musk hype. But that doesn’t mean that there wouldn’t be people who are investing their money in it, there are always going to be people who would be investing in these coins and you shouldn’t be surprised.

To be honest with you, whenever I see all these meme coins I usually get really annoyed because I don’t like the way that people are just taking advantage of these things and now there are lots of meme coins everywhere. I have even seen one meme coin that they named after Elon Musk like seriously, they are all a joke.

Well, everyone is free to create their meme coin and every investor also has the freedom to invest in it regardless of the risk. Some people are aiming to gain a good profit from meme coins again just like what happened to popular meme coins before. I don't think getting affected by them negatively would be worth it because we all have different perspectives when it comes to investment.

Almost every day meme tokens continue to be launched, and it has become the main program for Coinmarketcap to promote the token. CMC releases tokens that do not meet crypto standards. I think there will be a lot of people stuck with shit tokens. This is not a great idea, and will disappoint a lot of people. Although of the many tokens launched, some will succeed.

P2P platforms are popular because many people want to buy cryptocurrency because its growth. It is very simple to buy cryptocurrency on P2P platform.

Meme coin new will always be, the essence of meme coins is nothing but blood-sucking bats.  Lol, Shiba, Doge are huge hits for the meme, but it will cause other tense, interesting situations.  In terms of value, the meme coin is the complete opposite of what it offers the market demand.

This is the ironic truth for the Shiba or the Doge.  Unfortunately
I'm not very interested in memes, but I like the way Shibaswap (BONE) evolved to enhance Dex Meme support

Try to give an example of how easy it is, because talking about growth I think other platforms can also experience the same thing as long as the market conditions are still very good and good at that time.

On the P2P platform everybody can find the best conditions for him. People can communicate on P2P platform and there is no KYC.

Will it be very safe for the user when they can all communicate without KYC ? because usually large and popular exchanges always apply KYC so that the user becomes more secure when facing a problem that he suddenly doesn't realize.

There is nothing to be done, since meme coins are now very popular and it is not so difficult to create your own meme coin, and therefore more and more meme coins will appear every day, since meme coins are too popular nowadays and people understand that it is now possible to use meme coins for making money, but the problem is that almost all of these meme coins will simply die after a while and therefore investing in meme coins is very huge risk, of course you can invest in top meme coins like dogecoin or shiba, but investing in new meme coins it's always a huge risk, so I just bypass all these meme coins.

Everyone chooses an investment strategy for himself and, of course, determines those coins that, in his opinion, will bring profit from investing. Some coin memes can grow in value and bring their investor a good profit, but not all investors are willing to take risks by investing in them. Therefore, a large number of people trust reliable coins from the top 10 of the cryptocurrency market, as they prefer reliability, even if profits can be made in the long run.

This is the reason why I don't trust these new coins that were suddenly emerging out of nowhere. I'd normally go with the more established ones like BNB, LTC, ADA, XRP and a few more undervalued coins that are hovering just out of everyone's radar but have a huge potential to pump big - I'm talking about Paybswap, the DEX that is planning to use Polkadot substrate node and relay chain to perform BSC to ETH trades. Are you curious about this hidden gem? Go and check it out!

I don’t think that any of these meme coins are likely to survive. Tokens keep alive when there are people who want to buy. To raise this demand a project must be really useful and innovative and has a big marketing campaign so that there are many people who are aware of it.
But the market is overloaded by such a big number of unnecessary shitcoins, so I don’t think that anybody will trade them.  ???

This is what we need to understand which altcoins are really worth investing in, don't be because of the hype or already registered with cmc and coingecko we then buy for fear of missing out seeing the price continue to rise, know that it has been designed by some groups to lure you and if you buy it then the price will fall freely which makes many investors lose. Don't expect short profits because sometimes expectations don't match reality.

True, meme coins are high-risk, and I've been rug pulled several times, but not all of them fail. For example, Shiba Inu (SHIB) was formerly a little currency but has now shown to be exceptional and has been successfully listed on Binance. It, while not all meme coins have a negative conclusion, I believe that if you buy meme, you should do so with cold cash and be prepared to lose. The aim is that if it fails, the cut loss will be disbanded, but if it succeeds, it will be something special, like Shiba Inu (SHIB).

Don't fall on the trap of meme coins created by hypes and those who advantage-takers who want to gain by hyping then after that will dump the coin immediately. Always remember meme coin is create without any uses so it is a red flag that you should avoid off.

They are simply aspect crypto world however not on the beneficial side. Except if it will be upheld with exceptionally impacted individuals. That isn't so any more. Tasks currently get effortlessly recorded on CMC as quick as the speed of light on the grounds that CMC needs to delicate pedal to charm projects for support. These coins are not prone to succeed, however there's some shot at it if amateurs put accidentally of not considering marketcap and in general notoriety of coins.

Memes coins are the Tulips Mania of crypto.

Why the Coingecko and Coinmarketcap are listing these shitcoins. Now there are hundreds of shitcoins creating daily and they are waste of money.
Can anyone list their token on Coingecko or Coinmarketcap? Is it easy to list your token on Coingecko or Coinmarketcap?

Coinecko and Coinmarketcap just looked at the rules they have made and I don't think much money is needed to list new tokens there and the developers are also willing to throw away a little money to reap even bigger profits in the future, so this step will never happen wrong.

I also saw this, people easily make meme coins with a capital of 5 BNB, after that the memes are left alone, for that the crypto era is like today, it is very necessary to see the coins that will be bought to prevent big losses, not a few meme coins on the market listings one year disappeared.

Of course they take advantage of the hype situation on meme tokens so that someone will buy the tokens. Because for now for those who develop the token it is not too difficult to make an exchange. Swap exchanges are their main target by relying on smart contract imports. I'm just worried that the token won't hold up well in the future, causing a lot of investors to lose.

Absolutely right. Most of assets mentioned in the subject post are meme coins with no use case and pump and dump on tweets. I have been in crypto space since 2018 when we had experienced huge scams of ICOs and most of them never listed on any exchange and in 2021 we are witnessing huge influx of meme coins with supply in Trillions. These tokens have no use case but still new comers buy them with the hope to get quick rich which is unlikely to happen.

New meme coins will keep popping up again in the next year and there will still be people stuck with them because they were made by irresponsible people or teams afterwards, so don't look and like meme coins too much if you're still not ready to lose.

The surge  of meme coins into the crypto space is very alarming. It makes the crypto industry look like child's play. People are just churning out coins like where mosquitoes are breeding. While there are  very few meme coins that have some reputation, most of the meme  coins are simply to scam people. I think the get-rich syndrome is one of the reasons why people buy meme coins eventhough they know very well that the coin may not have a future. The idea is that people buy hoping or looking out when such coin will  be pumped so that they can quickly sell and make big money.  Even people around you will suggest that  you buy a particular meme coin with the hope that it will go up. While we all want  to be rich, I think there is need  for caution. Most  of the meme coins will not last, it is left us to be cautious on how we invest our funds.

It's only been used by a very small team in terms of developing meme tokens and also in terms of creating trash tokens that can only be swapped instantly in the Dex market, so basically it's not very strong and won't last long in the future.

I'm very surprised by the meme trend. So far, no meme coin has a platform or ecosystem like any project that has strong fundamentals. It's just that, with a large community capital meme trend is quite long, not a few of them who just make it shitcoin. It's really sad. I try not to profit from meme coins. Because it's so risky.

The reason why we're having issues like this prevalent in the space is simply because there's high level of ignorance among investors. There's this notion that is held by a few which involves investing in as many low value projects as possible with the expectation that one would become popular and pay you much more. This makes them invest even without going through any background information on the projects of choice.