Bitcoin Forum

you might have heard about the people who bought dog coins like Shiba last year and are now millionaires. They bought $1000 worth of Shiba and now have millions of dollars.

Will dogs continue to be the meme coins that 1000x or will cat coins take over? There are a few on the market already like Dinger, but they are not so popular compared to dog coins.

Thoughts?

Honestly I think it’s becoming more like 2017 with ICOs where people were making crazy money for months on ICOs and later on those who started to invest in ICOs late were burnt. I see the same happening with new doge or cat meme coins.

People will invest because they want a repeat of Doge or Shiba and they will end up losing 90% of their money on an illiquid asset. I think we are nearing the end of these meme coins and NFTs which are pumping like crazy.

However I might be wrong.

I can't believe this is even a point of discussion.

Yeah, any meme token could possibly 100x but what's the point? What are they contributing to the crypto landscape that we don't have already?

We don't need more fake innovation in the space of blockchain tech. Most people don't even hear about these tokens until it is way too late to buy in for a profit.

I don't know if this beats dog coins or not, it's clear that meme coins have dominated the market with a lot of fans with a 1000x increase and it's been proven on several meme coins before that dog meme coins are still in demand than cat coins.

Many people invest in meme coins because they want 100x faster increase and it's already meme coin season, in fact I saw almost every meme coin increase by thousands of percent is this a lot of fans? Of course, they want to be millionaires in the near future.

I can't deny that the meme coin product doesn't exist.

Cat coins can give 1000x only if Elon Musk tweets that he is not a cat lower. But, since he is more like a dog guy - that will never happen. Or take a look on a market. It is full of monkey, bear, snake, bull, bear and other animals related altcoin, and non of if had its price grown multiple times. Only coins with different dog breed names grow or being pumped. And since all this animal altcoin mania slowly loses trends, there is no chance cat coin price grows.

there are some coin memes that serve a purpose and rely solely on a large community. Like babydoge coin this has a purpose, their mission is to protect abandoned dogs or dogs. babydoge is a shitcoin I think it will have long term. and coin babydoge famous in nascar racing car commercials. keep doing research with details if you want to buy coin memes...

Just another meme coin to avoid, and expectation about a thousand increase isn't impossible but that's just too much to think of. I get about the idea of cat coins versus dog coins (doge and shiba inu).
But this craze won't be that easy to figure out just because the dogs are out there and they're being liked by the community. That's just quite funny to look at but that's the reality.

Will Elon Musk be interested in cat coins? this is how depending on the influence of big people, especially Elon Musk who is now widely followed, the cat coin can go up as long as there is a bigger promotion if there is no more than that then it's impossible.
But this madness is still spreading until now due to the endless hype and therefore I personally have no interest in cat coins and no bigger increase than dog coins.

There will always be people who liven up crypto with their memecoins. No wonder they bought Shiba and other shitcoins early with an astonishing 1000x profit rate.
On the other hand, investing in coin memes which dump and pump almost quickly is considered a gamble. The current condition is what happens, rather than linking it to the concept of investing.

There is always a certain time that enlivens the memecoin hype, whereas previously this trend had dimmed.

They invested in Shiba, they got lucky and now they are millionaires. There are also thousands of people that invested thousands of dollars in meme coin last year and now they are left with nothing. They got unlucky. Check the market. You will see hundreds of meme coins. Good luck choosing one that will go 1000x in the future. Once the meme coin craze ends, everyone that joined late will lose everything. Stop hunting for coins that will make you rich over night. Invest in coins that will give you good profit in the long run. Coins like Bitcoin and Ethereum.

doge coin and shiba inu were popular coins in the market because of how they makes hype in the market wherein reason it always gaining attention around the internet as well.. If cat coin has a good community like what shiba an doge had probably there's a potential since these meme coin after making hype they always going down to the very dip level.  If not then its unpredictable.

it looks like dogecoin is still in control of the top coin meme ,shiba is indeed very good with popularity supported by vitalik on the occasion of donations using shiba in the past ,the cat coin you mean will be 1000x that might be possible but what role did cat take to that level would a famous person support it by using it in public

this was on my mind and thanks for making that question here, i'm also confused as to why people only support coins with dog memes not cats, i've also heard of cat coins only they are not very popular i guess after this thread is full with the thought that maybe there will be cat tokens when dog memes don't look that crowded in the future, seems interesting

I bet for Shiba can reach x1000 even though I have to wait 1 or 2 more years, the performance that continues to improve makes me optimistic to invest in Shiba and make it the biggest priority at this time, currently there are 4 zeros in Shiba Inu and I believe 3 zeros will soon disappear and this will make us get big profit.

All mem coin have very small period of trend. Just follow trend and try to leave when get some profit
It’s easy for those in the game for a few years with a good size of investment built up to be condescending towards newbies,the memes are a fun way for novices to get a good size foot in the door and then Chanel these profits into long term utility stuff .

It is true that many people have made huge profits by investing in these meme coins. There are even lots of investors who invested in these coins in the beginning and they are now millionaires. But it seems to me that those who could not buy these coins at the right time may run after this hype and face more losses later. Those who have seen the market situation in 2017 and are aware of how much ico hype was created at that time. So my personal opinion is that you have to do a lot of research to catch such opportunities and keep abreast of every movement in the market. Because you are waiting for an opportunity that, once in your life, will actually set your life.

Not true in real terms. I think people come across some of these coins but are not sure of the prospect for profit. Cryptocreency is not easy to determine a particular coin that will do good returns. Even with research you can't actually know for sure so you may invest in the next coin but the other does great because of pump. There are still some cheap project like Tron but is not utilized now and when it starts firing up astronomically, people start to regret not buying.

I have heard that so many times but they are so lucky bought the hyped tokens. there are bunch of people have tried that in the shit scam token and they got scammed.
It doesn't matter whether that's dog or cat. The thing that matters a lot should be the hype. Even if you're investing in a meme token called a dragon but it doesn't hype and it will be useless.
The worst choice is to take unpopular tokens like dinger as a way to invest your money.

Our main goal of investing in crypto is to be able to generate large profits. That's why some people are always looking for projects that can
give 1000x profit. But the problem is that it is very difficult to find projects that are hype and provide big profits. Often we are late to join
the hype coins, so in the end we don't get profit, what we have is we are trapped because the price has dropped and the demand is getting lower.
Therefore, it is not recommended to invest in new projects or projects that are not popular. The risk is very high, if the price falls the possibility
to recover is very small and there is a possibility that our capital is trapped in the coins. Especially for newbies who don't have good analytical
skills, they should avoid investing in CAT, Shiba Inu or Dinger. Because coins like that are only for short-term investments, so we must have
good research and analysis skills.

I don't think it is a good idea to risk in Cat or Dog coins now , because the year is ending and it looks like there are new trend that will comes out next year
the Famous Meme coins and NFT will soon be replaced and if you cannot find a Gem now then lose will find your way in the end.

The best thing to do now is to invest in legit and ranking currencies , at least your funds will be safer even what kind of project get booming in the following years.

Instead of looking in those shitcoins , put you money in coins like Ethereum and Binance or even Cardano and Solana i believe .

There are already some shitcoins already flying high, as usual, most of them are animal coins after this Doge and Shiba things happened. For me, I can say that this is normal on a bull market.

For me, these cat coins now are just temporary, it will always dog coins even in the future, it is also because of the Doge coin, the first meme coin in cryptocurrency.

This has happened before. First dogs, then cats, only thing is that you can't predict which cats. And look at $catz for example.

https://www.coingecko.com/en/coins/catzcoin

https://i.imgur.com/IIFCgCz.png

There are trends, like at some point every cannabis related token and coin will pump like there was no tomorrow, and obviously dump after that.

I'd be happy to buy a little of my money if there are people who can take advantage of a moment like this to compete with dog coins, it seems interesting if there is a coin cat as a competitor to that meme coin, persiancat coin seems unique

Dog-themed Meme tokens are very popular, some of the meme tokens whose prices have gone up thousands of percent are dog-themed, as in a Cryptodiffer review.
https://pbs.twimg.com/media/FDG9v2tXoAAUgYk?format=jpg&name=large

In the review there are already several cat-themed meme tokens whose prices have increased by thousands of percent. maybe this will inspire the birth of another new cat-themed meme token

The current popularity of cryptocurrencies with all these animal and beast names is temporary. It will take some time and almost all of them will either leave the market or fall significantly in price. Only those who will be at least something useful in this market will remain. The current excitement with rising prices at this point is not a normal process. This is indicative of the immaturity of this market so far. Many holders of these coins will suffer large losses in the future. Therefore, it is better not to get carried away with them.

Dont feed these token. They are just making project to grab your hard earn money. It will look like 2017 ICO and we will see a lot of people lose their money again if you feed such project. You better put your money on top 3 coin or top 5 coin in cmc.

Would you actually put your money into so.ething liem a cartoon.  Why, seriously do people hate their money?  In the end all of these coins will end up at zero.  Why would an animal coin be needed in the world.  Do yourself a favor and buy bitcoin, sit back and relax while the house of cards eventually folds up.

This is reality which is missing by thousands investing in these meme coins and having dream of joining millionaire club in very short term as happen in Shiba coins case, but this happened only once in lifetime with very few peoples nothing with all, so please stop this all support for these meme coins and never give your money to these scammer devs those are doing this all just for your money.

Dreaming for becoming rich in short span of period is nothing new because it's every humans' nature he wants to live luxury life with some good ways but spending money in this way never been good just check all facts before doing any investment surely helps you and your funds.

The guy who owned a large supply of SHIB ended up moving his coins around. Basically like $5B worth sometime yesterday and look at the panic that it created. As long as it was detected on the blockchain all over Twitter and Reddit people got scared and started to dump their holdings.

This is proof how quickly the momentum can change of one coin. Last week it was nearing 10K and now looks like it would break 5K. Basically very little liquidity on the bid side and it’s running out of buyers quickly when it goes lower and lower.

x1000 coin? how i wish it is easy to achieve and find  ;D but we also knew that this can be  a GEM finding matter that many had been failed to invest?

while digging for too much profit we are putting ourselves from losing more.

Stop seeking for huge income instead be a real trader and be contented to your small margin of sure income .

Meme coins in general became the new trend and many investors are able to join the ride at an early stage to gain huge profit.

However these meme coins are purely relying on hype (regardless if its a dogs or cats) and should not be an option to invest your hard-earned money. It will make few investors to become rich if they're lucky but most investors will lose their money ending up having regrets.

Instead of thinking what could be the best investment between dogs and cats meme coins, why dont you check the well-established coins that are less risky to hold and unlikely to collapse.