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How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

MEXC isn't that reputable of an exchange so I personally wouldn't trust their judgement in adding these new meme coins or tokens. They are probably just interested with the trading fees or listing fees if there's any so they couldn't care less if it turns out to be a scam.

How are you going to filter good from the rest? You can't really tell at the early stages. Most of these tokens will likely pump in the upcoming bitcoin halving but that doesn't necessarily mean they're good. I'd rather wait if they will still be active after the hype phase.

You can't, that's the thing. Being a meme coin is what it is, a meme, but if there is a lot of support for what you could have, you could maybe do something about it by supporting it publicly and letting other people know about it. You can never predict it if it's in a good or bad position, only as it happens. You can read the charts but it would be really unpredictable.

Dude, it's a memecoin, there's no way to identify a good or bad position.
Translate the "meme" and you will understand.

If you want to choose an alt then don't go with a joke. It's best to invest in something that has a project to back them up and not something created out of thin air that will possibly break once a group of whales tries to manipulate it.
Although, if you are so sure you want to buy memecoins then you better get yourself ready for sleepless nights because you will be monitoring them 24/7 just to be sure you won't get rekt.
That's the hard part about this type of coins, you cannot just leave them without proper care. They must be checked all the time.

Memecoins rely solely on speculation to remain on top positions in the market. With the exception of DOGE, every other memecoins have equal chances of doing good or bad. DOGE is the exception because it is a classic cryptocurrency which already existed a long time before this memecoin trend started, however it's also not a guarantee it will get more relevance in crypto market futurely. There is also the possibility it has already reached its roof.

If you want to understand the reasons which can boost a cryptocurrency price, first of all you have to pick a crypto to invest which follows fundamentals. That is, which goes beyond purely speculation.

Meme coin is bad in general because they are useless and the most volatile crypto assets that you can ever have. Exchange is a business so it’s normal that they will keep listing any token regardless if it’s shitcoin as long as they will gain profit on trading fees due to the demand for this kind of token.

Dogecoin is the only good memecoin since its already established and the father of meme coin but I don't recommend investing in any of it because they doesn't have any utility that will boost the price in long term aside from the ponzinomics high APY that flood the total supply.

Memecoin I think, has the most volatile market value. Reason is lack of token utility therefore its mrket price solely depends with demand created by big investors. As we all know, its market price is just increasing few times in a year unless bullrun occur that pulls prices up. But on a daily basis, market value of memetokens are rarely increasing. Memetokens are now only good for swing trades to get some amount from it. However  these tokens are having huge price increase once huge volume is triggered. So i think there's no telling whether you are in good position or not; not all tokens are able to recover once it hits deep, which ofcourse imposes risk if you are aiming for its lowest market price on a timeframe.

Common sense investing in meme coin involves a lot of risk.
On the other hand if you can spend money then any exchange will list your token. So a meme coin project can choose any exchange to list and for that they have to spend some money and tokens.

My point is that you should research the situation of any token from cmc and not get all the answers from exchange token.

Lol. You can't. First try to remember the Definition of meme coin!! A coin what has no use, no purpose, no potentially, no future security but created for fun!! Now tell me, how can such kind of coins are good? A rare memecoin like shiba doge get succesful but thousands of memecoin will come and go. You saw mexc listing memecoin but try to see how many get scam daily or dead after once time hype.

there's simply too many uncertainty with meme coin, you couldn't determine whether its in a good position from fundamental because it doesn't have any fundamental at all in the first place.
the thing with meme coin is that its full of speculation, if you want to identify when to make an entry, the only thing you could do is not to make an entry when the price already rising so high that
it doesn't even make sense for you to bag hold these coin in general.
you should just speculate when it was still relatively low in market capitalisation otherwise you'd just wasting your time.

I usually just base my decisions on hype, or just not dare touch these meme coins at all. You can see how well they’re doing in the market by checking their daily volume and also the depth of the order books. On investing in memecoins, make sure that it’s one of the main coins that is being talked about in a lot of communities. They are the driving force of the prices and they also decide whether the coin is a flop or not. There is no real way of telling whether a meme coin is destined for price appreciation apart from looking at its community and how active they are.

Already it is hard to analyse and understand the market of the altcoins. Memecoins need to be considered just as a gamble. Based on ones affordability should be the investment. This will help with the betterment of taking profit out of the investment, if the growth doesn't happen then the same shouldn't be disturbing our portfolio. There is nothing as good and bad position, it is just a gamble and the luckiest survives with good return that cannot be imagined.

It's not advisable to invest in meme coins because of the high risk. Did you even take time to conduct a research?

Meme has no real use case and just relying on hype and speculation of investors eyeing to spot the one that likely to skyrocket. So if you're really interested, just use the amount that you can afford to lose since the result is uncertain. Moreover many investors already lose a significant amount for joining the ride of meme coins. Thus, diversify your portfolio to buy an established coins with real use case.

It's true that meme coins are very risky, but that doesn't mean we shouldn't buy them at all,
as long as it's a small amount of money I don't think it will be a problem,
it's better to buy coins that have future prospects than buying meme coins which will only be a waste of time.

Nowadays, threads regarding meme coins has been created out of nowhere by these newbies, and some member ranked users as well. I wonder why?
Maybe they are trying hard to hype it again? Or they're just curious on meme coins in general.

Whatever the reason is, I would suggest to stay away with meme coins in general because investing in meme coins is like throwing your money, and losing it forever. Of course it will be a different scenario if you invested into meme coins like DOGE, and SHIB, but most of the meme coins out there are either a dead coin, a scam coin, or will be an abandoned project in a few months for me. Is there any way to tell if it's good or bad? In general, all meme coins are bad, and the risk is very high compare to the rewards that you can get.

How to identify? Just stay away from meme coins FFS. There are better projects out there, and meme coins aren't the only coins out there. Those top market capped coins are better investment than meme coins. Bitcoin is a better investment than meme coins. Ethereum is a better investment than meme coins. I mean why you focus your money in meme coins where you can invest in better projects. Lesser risk, well not that high reward compare to what meme coins can give. :D

We all would have been millionaires by now if we could know that in advance. Meme coins are totally dependent on market hype and huge investments, so you can't simply identify if a meme coin is going to go up or not because they don't have a project, they don't have any team, they don't serve any purpose at all, they are just a coin based on a meme or nowadays, a lot of coins are not even based on memes but they are carbon copies of the already existing coins.

So it's totally useless to invest in all the meme coins only with the hope that one might go up and you get a lot of profit because most of them tend to fail and if all of them fail, you will lose a lot of money. So it's better if you just invest that amount in a token or coin that you know will gain value over time.

I am going to be direct with you, there is not really much to understand when it comes to meme coins, since meme coins do not really have any kind of function or use case.

Now this brings and interesting question, if that is the case then why meme coins exist at all and why some of them reach a high price? And the answer is that those coins simply exist to fulfill the delusions of a significant part of the market participants, they believe that if they invest in those coins then they will have a chance to become rich, and since enough of them have that mistaken belief then they can push the price of some of those coins really high and make the dreams of a few of them to come true.

Most of memecoins there are for sure pump and dump only especially if you are looking in an exchange that is not reputable, they can list whatever they want without doing research.
Putting your money in random memecoin is like gambling.
Dogecoin is the king of meme coin and everyone else that claiming they are memecoins are impostor of Dogecoin.

You should even be careful when an exchange keeps on adding meme coins. They're not having the standard of the biggest exchange because the dumb money is on the meme coins.

Just because that exchange keeps on adding meme coins, you should get on the hype with them.

I'd tell you to think of it many times because whether you identify a good or bad token, you're unsure if it's going to be a good and profitable one. If it's hard for you to spot on new projects, stay with the tested ones.

Bad exchange + meme or shitcoin? doesn't sounds right to me, so I guess it could be a recipe for disaster? And with that meme coin is not considered a good token to be honest, so I don't know where you get that idea in the first place.

Meme coins are pure pump and dump project, so I do hope that you know that it means. If not then you have to research for it and then come back here and. tell if if meme coins is good or bad.

Meme coin's position was in a bad position right now. People were only calling it as scam tokens. Meme token is just nothing for now rather than bunch of garbage stupid shit scam tokens being issued by scammers in the market.

It will be bad for long term. You shall never believe if meme token gonna be good for long term. A few meme token will able to be good as long term investment but the rest are scam tokens that's not even worthy to be owned.

MEXC is only caring to earn money from scammers who scammed the users or liquidity providers. MEXC never care with its customer. It's a garbage exchange site which is always seeking to get money as much as they can.

You can't. Memecoins depend on hype and purely randomness. You can't 100% predict if memecoin will pump or die, it's just gambling. So make your decisions with that in mind.

Nohow. There is no single metric and all memcoins are equally useless until some famous player starts to spread this token in the community. Those memcoins that have good marketing are the ones that will grow. The problem is that you cannot check anywhere how much money has been allocated for marketing a particular memcoin. This information is only available to a close circle of investors who buy such memcoins just before they pump. This is insider information. For an ordinary market player, the only thing left to do is to buy everything in a row, so that someday he will be lucky enough to invest in the right memcoin, otherwise you will never identify the gem.

Exactly, analysis to find projects that are truly supported by the community is also difficult. Therefore, it is not recommended for entries with large numbers of money to buy any meme tokens. Because we will enter into a project that is not necessarily going to continue to exist. So keep entry to a minimum until you can see all of this growing or being abandoned by contract creators,.

My personal advice would be, to categorically stay away from all meme-coins. In the end they are all just useless shit coins that are offering nothing to it's customers but hype and artificial FOMO, that is not even working in most of the cases. There is no doubt that a few people became very rich because they were very early investors of Shiba Inu or Pepe but for those two successful meme-coins there are at leat 100.000 bad ones where the investors made a loss or even lost all of their money because the project was a scam to begin with or just dead again in a few hours or days. This is happening to almost all meme-coins. So it is safer to just avoid them.

Actually in this case you don't need to think harder and mess around about it because the certainty that meme coins are bad is something that must be realized from the beginning so there is no good word in this case.
You don't need to make some conditions with any research here because you just need to see and utilize the momentum about which coin will eventually be pumped.
There is no such thing as a good outcome when it comes to investing here as this is just like gambling regardless of the research you do at the end of the day you just hope on the pump and go system when you profit from it.
The good community that is always being touted is a nonsense to boost the confidence of newbies who end up getting stuck there.

Why and how could you? Meme tokens have anon devs and often very vague promises on what comes to roadmap. There always have been horrible exchanges that used list every meme coin or shitcoin out there but these days that doesn't even make any sense. Listing to random CEX used to be meaningful in the past when those shitcoins had their own blockchain and you couldn't trade them in Dexes. Now i don't know what they are thinking. Listing and paying for fake volume is just stupid move. I understand listing to respectable CEXes but to something like MEXC is just a red flag to me.

Perhaps you can't realize to now until such time that you will see them dying. Yes, their names have been famous this time due to their market hype activities that drag too much attention to the community but after this hype, you can witness their dumps because these projects have no use case and it was impossible for them to survive long term with that condition.

And don't get fooled by that exchange as it can't be trusted. Consider looking at known exchanges as you only see a few meme coins because only a few traders trade these meme coins.

...you don't. They're called memecoins for a reason. The teams behind them give out vague promises and their development path goes towards... what exactly? That's the feeling you'd get most of the time. Some of them go boom sometimes because they were intentionally manipulated behind the scenes imo, and at the same time, traders would go for anything that profit so if they see any coin that goes up like that all of a sudden? They'd get in and try to get a bite. That just snowballs into a lot of bad traders losing money on meme coins towards those people who are either early investors or the ones who pumped up the price in the first place.

To determine a good meme coin and knowing its position in the market is very difficult in light of the presence of hundreds and thousands of meme coins that are launched and listed in the MEXC daily; in addition to that, the meme coins are very volatile and very risky, and even if you find a good meme coin that you invested, this does not guarantee you that you can make profits through it because if the hype of this coin disappears, its price can drop sharply. Most of the meme coins are manipulated in the price of whales, as they are currencies that have no uses or real projects. Anyone can create a meme coin and create a site for it with a simple interface and social media accounts, and that's all, so I advise you not to tire your mind and invest in the dominant alternative currencies in the market, which have value and practical uses.

Because many arguments invest meme coin is the same as gambling, OP should change his mind as he plays in gambling. Because we are here is talk about unpredictable things. no one can guess the coin price which doesn't have a market exist yet. This means OP must be ready if he has got a big loss. Because we all think by experience that Meme coin is just a joke In the environment to relieve tension on fluctuation of crypto prices.

It can be challenging to determine a meme coin's position in the market. You should research the project behind the meme coin and try to look for information about the team, their experience and their goals. That is true that a lot of meme tokens are listed in MEXC exchange daily and not all of them are good or bad neither. Take a look on the market capitalization of the coin because a high market capitalization means that the coin is widely adopted and has a strong following, but of course market capitalization alone does not guarantee success. Better to research and study the background of particular meme coin do not just invest if they offer a high rate of return think so many times before investing to avoid such losses.

Easy, it's bad. If we are talking about a meme coin then we are talking about something that is terrible, there is no reason that it would be any good and you shouldn't really judge it as a good thing, we are not going to end up seeing anything good eventually from any memecoin ever. It's going to be quite difficult to handle and we are not going to make some profit off it.

There has been "some" people who got lucky and made money but that doesn't change the fact that we are not going to make profit, it is going to end up being a lot worse. This is why I believe that we are going to end up with some big return, and shouldn't really be worried about it. I believe that we are going to end up with a different result if we invest into much better projects.

Memecoins are a risky bet. A very small number of them yields a profit but when it does, it's generally huge. Even smaller number of them sustains their price.
For me, I judge the memecoins by the activity of the team and the community. The larger the community, the more are the chances of it being a success.
But, again the numbers only could be deceive as they can easily buy followers or members, what we need to focus on is organic involvement of the users.

Meme coins usually used for speculations and do not have any practical use. That is why too risky. Sometimes even big community does not help. Because during the hype there is a big community but a lot of people lose money because even big community does not help.

Memecoins are becoming very popular and because of their large circulating supply they bring big trading volumes to an exchange that list them and that's why exchanges are listing memecoins. Binance exchange recently listed some memecoins as well and also Kucoin exchange has been doing this too,  so it isn't only MEXC exchange that's trying to get trading volumes from listing memecoins.
Memecoins are just like gambling, you'll never know which one will be successful, $pepe just came out and it's popular and successful more than others that were already in existence and that's why you can't predict which meme project will receive a welcoming hand from the community of investors. One way to tell if a meme is good or bad is to look at the team behind the project.
The team can be anonymous but are they doing the right things like been very transparent with their decision and there's no hidden secrets in the smart contract that can make them dump tokens on the market and run a way with investors money. Also look at the marketing strategy by the team before investing because only memecoins that advertise very well get recognized.

You see memecoin on the MEXC exchange and they are always listing new meme coins that end up being trash. There is no way to see how good memecoin is. Those who enter early will benefit greatly. If you want to get it, wait for Elon Musk's Twitter, if he says good memecoin, buy it right away, it will go up to thousands of percent. like memecoin Lady and it became hype instantly.
Buying memecoins is like catching a bow that will aim at you, if you catch it you will get hurt, but if you dodge it chances are you will survive.

I can't advice you to trust an exchange that load multiple Memecoin on their exchange and for sure MERC reputation is another point that could possibly show you the reason why their list of those tons of memecoins all thereafter is their own caught off the scam of most of those coins because most of them are just a set up for potential exit scam when their build high liquidity the whale will dump the bags of those coins on the investor.

So I must say that whatever makes you invest in any memecoin you should have it at the back of your mind that you are just taking a gamble and can lose all your invested capital,  so you should take memecoins as speculative assets alone and not for the long term.

It will be like a trial and error game when it comes to picking meme coins. There's really no way to determine if they're good or bad because most of them succeed because of the investors' demand and not because of the potential of the coin. There's a huge possibility that you'll lose everything once a meme coin turns into bubble.
It's also hard to predict their movement or their future unlike well established coins. If you seek assurance, then focus on coins with a stronger foundation. Meme coins are for risk takers and those who get along with the trend so you better be wise on choosing the risks that you would be taking.

Exactly and that is why altcoins should be taken as a gamble and not for long term speculations,  memecoin become the worst of them all since there have nothing to back them up other than their market speculations and hype which have no long-term value on the projects and that is the more reason you shouldn't hold for long before you dispose them at any given opportunity.

There is currently a lot of meme coin getting listed daily but the most of them will fail while some few among them may succeed for a while before the final exit.

This is what should be realised that saying Investment for meme coins actually I think that word is not too appropriate because this is like leading to gambling where when we are lucky with what we save and get pumps then the conditions will be favourable for us and when the opposite conditions occur then this will be a big loss.
The word Investment in my opinion should refer to a longer period of time and being in memecoin cannot be done for a long period of time because it depends on the utilisation of momentum and when you are here for a long period of time, then indeed you must be prepared to lose your money because it is a certainty.

You have to understand the concept of trading and that’s the only way for you to know when to buy and sell. Since this is a meme token, you also need to consider its news and the hype because not all are worth it and probably some may turn into a scam. If you came here with lack of knowledge then I believe you should learn first and don’t invest right away, understand the risk as well.

OP, there really is no proven way to know the right meme coins to buy. MEXC, CoinTiger, and some other exchanges are always used to pumping most of those meme coins and other Altcoins with fake trading volume. Sometimes, if you buy those Altcoins there, it might just turn your money into nothing before the next day. For me, I think that buying those meme coins is strictly based on luck; perhaps if you buy like six of them, you might get lucky with one or two.

buying memes that are already listed on CEX, mostly after a pump. So when there is a pump on CEX, this becomes fake volume or is controlled by whales on the exchange. When I actively buy meme tokens, I avoid tokens that are already listed on cex, because I'm waiting for correction  moment,when it come, I will start accumulating. not much $1-10. For meme tokens that don't have any live service, I'll cut when it's minus 30%. for purchases, in case it was less than $3 I let whether it will be a jackpot or dead.

Actually meme coin is risky for all investors and if you can't measure good token by following exchange then you will lose. Also if a project has money then they can catch any exchange. Even then I would say before you buy meme coin you should look at their development activities like their solid committee level.

To be honest with you, I try as much as I can not to look at Dogecoin as a memecoin. The dev may have created it as fun coin but it has utility. Payment with Doge is as fast as the speed of light. It's the fastest coin I've used for payment. Bitcoin isn't anywhere miles close to it. That's even besides Dogecoin's use in most casinos for gambling. When we talk of memecoins/tokens, we should be looking at worthless coins that merely thrive on hype and nothing else. Those ones are complete shitcoins.

Yeah, you are right; most of those pumps on CEX are sometimes controlled by big investors, although the project owners still manipulate the price by themselves too. Buying memes should be done mostly before they're listed on any CEX like you said, but it's good that you should be aware that meme coins that are not yet listed on any CEX may not also get listed, and your fund will just be a total waste. When I was mostly into Altcoins, I can't forget one meme coin that my friend convinced me to purchase, although it was not yet listed. They released their listing news already, but after purchasing the coin and waiting for the listing date, before it got to that day, the project's telegram group was deleted, and there was no other news from them on any of their social media accounts.

Not a fan of meme coins don't think there are a good investment choice at all although many have made millions from them. Most memes coins are just hype most don't have any case use. You should make a very good research before investing in any meme coin and never invest what you cannot afford to lose.

You'll never understand meme coin because it's a very high manipulated cryptocurrency in the market and it's the crypto used mostly by the whales to manipulate the market. Therefore, if you want your investment to yield something good invest in good utility crypto not pump and dump crypto.

MEXC is another manipulated crypto exchange which is somehow not fair to their user and I will advise you to use better exchange instead.

There is no need to find if meme coins are good or bad because generally, all of them are not good especially if we are looking for long-term investment. They capture attention and gain massive demand due to the hyped they've made but after that, we can't expect them to grow but rather see them dumping. In fact, a lot of meme coins already exist in the market and only a few of them become popular - Doge, Shiba, and Pepe while the rest are resting well. I don't think they are worth to invest.

The question you are asking is just like a woman who is pregnant and at the period of one month old you started asking if she would give birth to a baby girl or boy. Knowing too well at that point it could be very hard to predict what the outcome would be.

Now chosing altcoin especially meme coins are too hard to choose but sometimes it depends on their community and how much they had raised during their token launch or presale sometimes it helps alot. But if a project weren't able to raise a good amount during their launch or sale may not do well although sometimes it varies sha.

money isn't all in this case, I mean yes it could make even meme coin got listed but actually its the hype that revolve around the meme coin which gonna summon massive trading volume that gonna make meme coin get listed everywhere.

Come on, don't look rude, maybe what he knows about meme coins he still doesn't fully understand. When talking about meme coins, Doge Coin is also one of the oldest meme coins; therefore, meme coins are very difficult to predict accurately, and I prefer to use money that isn't really used if you want to enter meme coins. You have to make sure you have the needs as you explained above because the community also gives trust to potential buyers.

MEXC is actually a reputable centralized exchange in today's cryptocurrency world. It is currently sitting in the top 23 among several hundreds of exchanges on coin market cap and has a weekly visits of over 1,414,000 visit. MEXC also has a daily trading volume of over $423,329,546.94 with total assets of $1,257,077,106.44. A non-reputable exchange can't boast of all that. All these facts I stated above are on COIN MARKET CAP.

Those who are about to list the MEXC exchange or something else, I think, they have fulfilled the terms and conditions that must be met. Yes. It's not wrong if you enter then you invest. One thing to remember. If you enter, don't expect it first. Your investment will increase 1000% overnight. Impossible.

It is pretty simple and the only way to find them is to make research. But I suggest you is to follow the trend, those who get in hyped will give you money but if we think about an absolute assurance of ROI, sorry but nothing to find from them. Meme coins are still not the best option, they are just good at hype but as it was over, that was the time you can feel pressure and worries about what will happen next. Many people had the mistake of buying cheap meme coins and until now, they never see any improvements but keeping it low.

Good position and not hard to guess. maybe it's a different story if meme coins that enter large exchanges like the top 5 on coinmarketcap, it's worth considering because it can have a good impact and the earliest investment in coin meme will be considered the luckiest if buying at the opening price

This is tricky since meme coin has no real indication to know if they are a good or bad like on how we judge a non-meme coin. Basically, on a non-meme coin we can head on their roadmap, whitepaper, tokenomics and the likes. For a meme coin maybe you will just need a pure luck to make a profit on them but it's important to invest early before everyone notice it and they are being talked about already.

MEXC is a good exchange but it's a shame if they keep on producing these junks which has no real contribution in the crypto space. They are just a pollution. They are like the others that I know whose what matters the most is money.

Most of meme project launched to scam People. If they fail, then they'll work on another and repeat the Process Again. If a memecoin really come in market to make people rich or they have aim to help people, then why can launch themself with valid concept right? So it is clear, most of memecoin is bad. So what advise i Should give to you? Memecoin doesn’t have anything to judge. Success rate is depend on hype which is speculating matter. But if you see good community, good real volume, popular team member, then it may consider okey to risk investment

The short answer is no, you can't easily identify a coin with a few things. I wanna suggest reading the related forum threads to find out how to filter useless altcoins and avoid investing in such coins without future potential. That mentioned exchange is also not a good choice, so better try popular crypto exchanges if you hunt for gem altcoins, IMO. Gem altcoins can't be found easily, there are many ways to find out what is going on small exchanges in order to find gem altcoins.

I believe there is truth in your words... I like some meme coins, as I said more than once, but only those that are accepted in some popular casinos. I don't bother with searching for new meme coins, most of them are just a scam, and there are no guarantees, but the ones that are listed in some casinos are holding pretty well... so kinda I have some trust in them enough to have fun with them and storing some on a side.

It's difficult. but generally if the demand is higher than the selling action I think it's a good sign when viewed from the daily transaction history data on the stock exchange if they are already listed, for example as you mentioned one on the MEXC exchange or others.

It's hard to trust meme tokens right now, because there are so many of them out there lately and they carry huge risks. If you want to invest a little in meme tokens, I advise you to use the money from your winnings in web3 quest https://zealy.io/c/fairspin/questboard. It is very easy to get some money there now, especially soon the contest will end on July 27th

Simply put, if the value of their token continues to fall, you can understand that the project will be driven out of the market in no time. Moreover, a bad project committee tends to be too volatile where they don't follow up on development activities. Moreover, the risk of meme coin is high because their supply is very high so once the price of this token falls it does not rise again.

As a rule, gems should be searched for not on popular crypto exchanges. If you see some coin there, it means that your time is gone and the coin has already grown without your participation. Gems should not be found on popular crypto exchanges, but on decentralized exchanges, various launchpads or in various communities, which notify about various activities and for which you can get new tokens. That's where the real gems are. Once an altcoin becomes popular and highly liquid, you won't make much money on it.

There is zero way to understand if it's in a good buy/sell position.  People who talk about technical analysis and meme coins doesn't understand the underlying fact that meem coins are not driven by technicals, just pure greed.  When people drop off a meme coin it's over there are no lines of support because it's all trash.  Same on the upside nothing will dictate a pump it's just people and their greed that devise these things.  So the simple solution is to just steer clear.

The funny thing is that once you learn a little bit about this market and then you begin to implement that knowledge then suddenly you will realize all meme coins get discarded as potential investments relatively quickly.

Now this may confuse people like the OP which is specifically looking for meme coins to invest, but in fact this should show them how mistaken their previous views were, and how if they had remained that ignorant sooner or later a catastrophic loss of capital would have happened to them.

and it is true that if you give it a little time, you can get a small amount of money to invest

TA can be a big help especially on a meme token since they don't have much fundamentals and they are moving because of pump and dump of the whales. If you are going to trade, know everything especially the indicators and the best combination of it this is a wild market and you're choosing the most volatile crypto which are the meme tokens. All of the meme token are at risk of a pump and dump scenario, its hard to choose if you are just riding the hype.

I believe there is no way to find out whether a meme coin is good or bad. If Binance were adding MEME coins daily, we could have said that you can buy them and take the risk. However, MEXC is not a top-tier exchange, so I don't trust the frequent launch of new meme coins. If you are very lucky, you might make some profits, but most of them won't rise significantly, and after some minor movements, they may become stagnant. Once a MEME coin experiences a pump, don't expect it to pump again; greed might lead to losses as the chances of that happening are high. Overall, I would advise not to rely on any guarantee regarding meme coins, as they may pump beyond imagination but also involve a substantial risk when holding them.

Meme coins can make you a lot of money, but it is hard to find which ones will profit you. Out of the many meme coins launched by the exchange, only a few can reach a temporary peak price and after that, the price of the meme coins will decrease drastically. So meme coins are only used for temporary gains but can provide big profits. It depends on how you can find the right meme coins, so it will take longer to get them.

Because our first impression is seeing them is not a scam due to their promising offers and rewards, But the reality is that the majority of them are worthless and made to scam innocent individuals. Meme coins recently got their popularity due to the hyped that they have made but the question is how long they could resist and keep the momentum because most of the time it has just stayed a short time and then a decline started to kick in.
Generally, you're right, it was not a good coin to invest long-term but it possibly works in the short-term.
 

And those promises should be in fact the very first sign there is something wrong with a project, when Satoshi released bitcoin he never made any promise about bitcoin becoming an amazing investment down the line, in fact he was very candid about the real possibility that any money invested in bitcoin could be lost.

And yet the developers of a project which is obviously many times inferior to bitcoin dare to claim their project will produce profits? That is not happening, and anyone with some common sense will be able to tell immediately that such a coin is a scam.

Any memecoin that comes out with the claims that they'll make all their investors rich is a scam that wants to steal their investors money and exit scam. There's nothing wrong hyping your project because of the confidence you have in the project and because memecoins need hype to do very well but as you hype don't promise your inventors an assurance of making profits.
You can hype the project of doing well but don't be specific of how much they'll make as investors will begin to see your memecoin as scams. Before anybody invest in a memecoin, they should already know that they'd taking a big risk as the memecoin can do well or become a scam. If you don't want to risk losing your money then investing in Bitcoin as it's the only safe option.
But if you invest in altcoins be ready for anything that happens and then when you invest in memecoins be prepared for the worst because that's where the highest pumps and dumps schemes happens. But that doesn't mean you can't make profits from investing in memecoin, you can make profits but you have to be smart about it and not marry any memecoin you invest into.

I don't think there is any way to understand or guess which meme coin will be on a good position on future. It is also difficult to say which good coins will go into bad positions in the meantime or futures.
The thing about meme coins is that the price goes up or down based on the complete hype i mean goes into a good position or into a bad position. To see meme coin you don't just follow MEXIS exchange you have to observe the whole thing based on the hype and it is very difficult to tell when a thing is currently hyped in the world.

Meme coin actually just a money grabber only but people who no brain used it as a way to make money by putting their money in the shit scam coin created by scammer. It was making scammer feel even more happy caused by they successfully attracting funds to come to their pool.

People are so stupid caused by they do gambling in shit scam coin that obviously has no future.

These coins doesn't have any purpose. Some have been developed further and given more realtime usage. One such is the Shiba Inu which just existed and gained popularity. Soon after that the development and burning process have been followed to make the Shiba Inu valuable and got more real-time usage. Though these memecoins were some sort of gamble, these coins were also required in a competitive market.

Yes memecoins has no dedicated use case but they are a hot trend on crypto at the moment. People love something new and unique, though some copy projects too have faired well like Shiba Inu. The basics comes down to the advertisement and size of the community. Both of which would bring more talks and potential buyers. For the meme coin to be successful, it should be able to engage the community around it for a long time. Though I missed PEPE, I'm already into Pepemo.

It is true that meme coins once in a while get the spotlight and that is when we see those coins giving huge profits, but this is so sudden and so unpredictable that no strategy can be made to take advantage of it.

The only ones which can do so are the ones that are interested in those coins and invest in them all the time, but this has the drawback that other than during the time there is a huge hype around those coins the rest of the time the performance of those coins is dismal, and if that is the case then making money with them is a huge challenge unless you happen to select the right meme coin and invest in it when it was cheap.

I think meme coin is that type coin which is list and some time suddenly Price pump and they go to the moon and suddenly they are dump and hard dump then the token life is end so anyone not trust in memecoin only on that problem so in this situation not any one say good position and bad position..

Maybe if we can apply the strategy that we did on our previous investment we can also benefit from these meme coins? Strategies like researching and entering too early if you think that meme coin is unique and different from the others.

Yes, you heard it right. Even the meme coins can upgrade too. Some of them are trying to develop something useful apart from the usual money grab. Other crypto has their own drawback too. If there is a bear market, no strong crypto can withstand its effect but this was only for temporary. When there is a bull run they can still recover what they have lost and they can become stronger than ever.

Actually collecting profit from meme coin is a surprising phenomenon because some number of people get good profit from this meme coin but most people take loss here. If a meme coin enters the best exchange then you can trust it. But if they don't do any development activities then you have to understand that they are scammers. Many meme coins are operating staking system and they charge big money as reward which is really tempting risk.

This is because when they see the successful stories of those people that invested in the Doge coins, they thought the same when some of these new meme coins were first introduced to the public and money people are aware of their existence and also the cheap price helps a lot to gather huge numbers of investors at that time that's why the price suddenly rise, and many people are also successfully gain a decent amount of income because of it. You can even judge the coin by its usage because sometimes meme coins like these are in huge advantage compared to some coins that have a real purpose in the world.

You can see the same effect with lottery winners. When people hear interviews of every lottery winner, they lose the sight, that most of the people who play that game haven't won anything. And if you interviewed those losers, you couldn't probably watch 1% of those interviews in your lifetime because of the time it would take.

There can be only so many people who buy the bottom before the price starts to rise and you will be part the rest of the people who did invest during the peak, and can now only hope for new peak.

This is a very simple concept and yet people hardly get it, it is as if they do not understand cause and effect, if someone invest 10 dollars in a meme coin and then they sell their coins for 1k then those 990 dollars in profits had to come from other people.

Then it is easy to see that in order for a single winner to exist there needs to be a huge number of losers, and despite the odds being so bad every single person investing in those meme coins believe they can be part of the winners.

identifying meme coins is very difficult, the main benchmark for assessing is how many communities and market caps are also the development of the token, it can be relied upon when compared to other meme coins.
 
In the mechanism there are those who profit, then there must be losses, those who are profitable buy it early and those who lose are those who buy at the end of the price increase which in the end freefalls again when people have thrown away their coins, that's how they work.
The probability of a meme coin is very small, of course you have to pay attention and be careful, don't use money that shouldn't be invested there.

Memes coin don't have any much value there are mostly Pump and dumb. You have to be very careful on when to buy or sell otherwise you will lose alot of money. I will advise you to buy tokens from good projects that have a very good concept ,Also make good research before investing in any project cause the crypto-market can be very volatile.

There are no good or bad meme coins. it's pump when there is a hype and it's down when the hype down. When meme coin pump in hype people called to good meme coin and when whales exit from it and it's bleeding to hell people called it scam or bad coin don't invest.  8)

But there are a huge number of meme coins, and no one knows which one of them can go to the moon. In my understanding, to benefit from a meme coin is like trying to win the lottery, the chances are very small, even if you buy every meme coin with the hope that one of them will make you rich, this may never happen but you will spend a lot of money on buying unnecessary shitcoins.

meme coin made for play only so if that have value up to the holder. anyone have it and play as joke or have value. but sometimes like doge coin even that meme it's have value as we can using as third party transaction using. So far meme coin is for fun.

It seems to me that any altcoin can be used for transactions. Probably among meme coins doge is more suitable for this, because it is not a token and has the lowest commission. But still it is really coins or tokens created for the joke, so it has the least value in the cryptocurrency market. I never consider such coins for investment.

I agree that there is no tool that reveals whether the memcoin in front of you is good or not. The only option to buy a good memcoin is to buy everything. With dozens of new memcoins hitting the market every day, the probability of hitting a gem the first time is slim to none. I understand why many investors suddenly have these questions in their heads, FOMO does its thing and makes you look for something that doesn't exist in nature. Any indication of whether a coin is good or not.  Memcoins are roulette, when people come to a casino, it's not like they are trying to ask what number on roulette is good and what is bad. It's all absolute randomness, just like in the case of investing in memcoins.

it is very difficult to know which meme coin is in a good or bad position, because investing in meme coin is like you are gambling, if you are lucky then you will get a profit, but if you are unlucky, then you will lose your money, so my advice is if you want to invest in meme coin, so it's better for you to invest when the meme coin is hype and of course when you get a profit, it's better for you to sell it immediately and don't be greedy, because when the hype is gone, then the price will go down and it can make your money disappear, so if you are not ready to lose your money, then you better not to invest in meme coin.

Perhaps, they are not good anyway. Meme just got attention and become famous because of its hype and massive growth of investors, yet they are just taking advantage of the hype and then leaving after. In this situation, we can never say meme coins are suitable for long-term investment nor it was good at it as they are not potentially profitable long-term. Well, we can see they are famous these days but sooner or later, it will turn down and there is new sets of projects that will rise and make another hype.

For a very long time I assumed that meme coins will simply disappear and never heard about again, however of all the shitcoins we have seen over the years there is little doubt meme coins are the most successful and this has made them incredibly resistant.

With this in mind the people that want to earn some fast profits immediately think about investing in meme coins, and when there are so many people like that on this market that are willing to take their chances with those coins hoping to strike rich then the chances they will fully disappear are basically zero at this point in time.

Remember that meme coins are often highly speculative and volatile investments. They can experience rapid price fluctuations and may not have a long-term sustainable model. If you decide to invest in a meme coin, only invest what you can afford to lose.

।Do a good coinmarketcap analysis to know which meme coin is in a good or bad position and see which meme coin is getting the most buys and what is their market volume.  And check well if they are in the top ten. Like doge is in the top ten in meme coin.  Few people get good profit from this meme coin but most people make loss here. MEXC is new meme coin and very few people among investors familiar with this coin I don't think it will be very good for exchange.  Meme coin lacks a lot of utility so its market value depends only on large investors.  Meme coin price never increases without a bull run.

Mem coins are known for the fact that some of these have grown very much after listings on exchanges. But it is impossible to guess the right coin that will bring a huge profit. Usually the opposite happens, people lose money after buying such coins. I would not think about such projects at all, there are too many of them to guess the right one. It's like casino roulette.

as fee is cheap i think not problem using this. that better you using big fee. well this up to people sometimes they using fee big even they got it with profit. sometimes people doing for cheap for profit big than other people got.

this up to condition if we assumed we trade or invest to foreign platform. then for withdraw we can using cheap coin for withdraw. one of popular is doge. even people said as joke coin.

It's the same with any coins in the market, but the main factor to determine if meme coins are in good or bad position by the hype. Because of most of the meme coins are getting attention because the hype of the memes and the assets suddenly getting a massive pump in a short time which makes the investors/traders are interested into this type of meme coins. Do your own research like usual with indicators and keep yourself update with the news because that's the most important one.

They are many meme coin's in the crypto market, especially in MEXC Exchange has meme coin's listening in the exchange and is tradable in the platform, which every crypto trader or investors always look for a good entry point to buy, base on the current market is good for a long term investment to buy at dip which cryptocurrency market is still in Bear market. Also make research respect to telegram group community and roadmap of the project in the website it helps for a better research for a good meme Coin to buy.

Whatever you are doing, you could be doing a wrong thing. Because there is no good memecoin and you should not invest in any of them. If you look at CMC and see some bad ones, you are doing a good job, if you look at it and see any good ones then that's wrong and you are making a mistake.

No meme project is a good one and people should not risk their money and should invest into legit stuff like bitcoin and ethereum, those are the real coins and meme ones are just there for fun, nothing more. They were not even invented for profit purposes, they were invented so that you would have some fun, that way you would be able to actually come to a conclusion that it is a good thing to stay away from them in investment, but can have some with them.

Almost every coin in the market need hype to survive and those ones that seem like they are not hyped will make investors not to see good reasons of investing in them. There are thousands of cryptocurrency projects in the market and what we ought to do as an investor is for us to be conscious and make a better plan doing research before we put our money on any cryptocurrency project be it hyped or not. It is also important for us to try and check the market for some good projects not relenting on people that don't have a good idea about the market to tell us what to do.

To identify which meme coins have potential and which do not. This can be exemplified by the journey of the Doge coin and Shiba coin. Because currently these two coins can be said to be very popular memecoins.
For example, Doge became popular (hype) because behind it was Elon Musk's. Therefore, the figure behind the coin meme must be investigated and investigated. Because if you look at Doge's success, one of the main factors influencing it is the character behind it (Elon Musk).

Then what you have to pay attention to is Coinmeme's plans (project). Because although most coin memes do not have a clear direction or goal, there are also some coin memes that have a clear direction and goal.

Apart from that, always monitor influencers' social media which often has a big impact on coin memes which will experience an increase, and usually Twitter is a platform that is often used by crypto influencers or coin memes.

However, all the factors above do not guarantee that coinmeme will become hype or popular. Because the name is also coinmeme, most of the quality is quite bad. So if you decide to buy meme coins, my advice is just follow the above factors and after that you have to be ready with all the risks.

you don't need to understand the market position to invest in meme coin, because all meme coin are the same (useless), so if meme coin are hype, then you can invest in meme coin to make a profit, but my advice is that you better invest in meme coin that are already popular and have a high market capitalization (such as DOGE, SHIB and PEPE), then never invest for the long term, so if the price of meme coin is trending up, then you can invest in meme coin to earn profit, but remember you should not be greedy.

If we talk about the Mexc exchange then it is not supposed to be an excellent exchange between some other Exchanges and most commonly we have seen MEXC lists many coins with a low volume which we have seen on daily basis. So, you should see them on binance most probably.

That's very good and easy way to identify meme coin's as long know the coin smart contract address and base on the MEXC Exchange platform price chart is easier to identify good position to buy and is very bad when bought at to and the price get to bottom price chart. As a cryptocurrency investors or trader's need to know the two common thing in mind before buying.

You know, I remember that before 2017, meme coins were not that popular and were often said to be zombie coins. Then, over time, the so-called zombie coins disappeared, and people were no longer careful in the crypto space. Now, what seems to have taken over is that most meme coins are the shit coins or zombie coins that other communities are thinking about in this business.

Now, I can't say much about the good or bad position of meme coins. Most people know that the risk in meme coins is high at this time because it is very volatile, especially since we are in a bearish market and the chart is almost in a down trend and we are not yet in a bullish trend. Maybe it's better not to prioritize the meme coins right now, dude,  think carefully about the investment you're going to make in that matter.

I think meme coins are that type coin that can't going in long time they are different form other strong project.
Some time they are pump hard in start and they are suddenly down hard so anyone how are invest in memecoin my believe is that collect your profit in start time one memecoin down so they are Pump again very difficult..

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

If you're too early then it can be said that they're great for opportunity. But it's like a gamble that you have no idea if the choice you've made is going to be better than others.

Turn into bankrupt and poor or turn into billionaires with lots of benefits. a fact that does happen and more people will be harmed than benefited if memecoin is only used as initial hype. Memecoin will not last long if it is not developed properly. the more memecoin appears, so if you want to enter, you have to be very selective. be prepared to lose or can gain a lot. Bitcoin and top altcoin investments are good recommendations.

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

Bitcoin no doubt but also be selective with top altcoins.

and in the end all will be broke and stressed people. not everything that goes in at the beginning will go well. Sometimes there are several scammer projects that are designed so that it seems as if the victim is in at the beginning, but in the end when the scammer has succeeded in deceiving them, the scammer will leave and leave the project. being selective with the rest of the crypto market has to be done.
and being selective in choosing the top altcoins is of course also done, ETH, BNB, SOL, MATIC, might be an option.

I agree, not everyone is going to have the same ending as the others that have became successful.

It is a must when you're giving care to what you're investing for. You're investing your money and that's why it has to be taken care and make sure that you know where you're putting it. And it varies from person to person and depending to what we think with the top altcoins in the market. Some that you have mentioned, I also got it but for some people they might not be obliged with that and could disagree.

whether you agree or not is everyone's personal choice, the important thing is that they will be responsible for their own choice. This is an investment goal that must be achieved, whatever asset you hold, as long as the coin has a good reputation and you are confident, then you can continue. ETH has always been the best than other altcoins and it is everyone's choice. Do your own research and determine which one is best, it will satisfy you more.

If you are new and very interested in meme coins, then it would be better to really learn about it. If the meme coins already have an ATH, it would be better to avoid them, because usually meme coins that have touched the ATH and have started to drop again will be very difficult to rise again. most of them will end up in shit coins. There are lots of memecoins that eventually become shit coins. Don't trust memecoins too much, especially those listed only on regular exchanges.
If you can't yet, it's better to avoid meme coins, unless you can really judge when they will go up.

this statement honestly is true, usually meme coins after reaching certain all time high they went downhill, why? because quite literally everyone is dumping their meme coin in to the market for the sake of liquidating their investment to make investment in yet another emerging meme coins, they are already preparing for it.
meanwhile the meme coin which has reached all time high will eventually getting abandoned i mean they might retain their market capitalization which was initially quite huge but it is undenied fact that from here on there will be no significant rally or even market movement coming from such meme coin, just see at shiba, so many innovation yet the price going nowhere.

This is true, people should definitely stay away from it because there isn't any money to be made from this without a doubt. I think it should be important to make sure that you are not going to make any profit from meme shitcoins, if you invest into something like bitcoin then you could make some profit and that would be a lot more important.

I understand that it is not that simple and I understand that some people may approach this differently but that doesn't mean that you are going to make money from it that easily neither. I hope that people would realize that they could end up with a good return one way or another, and when they do that it would definitely be something that will change some things in the end.

There are a few steps before you buy any coins, especially meme coins. The first is to visit a website that shows you trending, newly launched meme coins. You can check the daily gainer section and start to invest with unique and catchy names. The second step is to stay active on social media and follow genuine social media meme coin influencers. And you can join a telegram group as well, because there are many telegram groups that are made specially to spot new meme coins at very early stages, so you can take advantage of such groups. And you also have to understand that 90 percent of these meme coins fail, and most of them are pump-and-dump, so learn about the risk before investing.

So your last sentence just crosses out everything you said before. Even if the developers are truly trying to make some new good and catchy project it can fail because almost everything that matters in memecoins is luck and trends.

Why are you so interested in the new meme coin? do you hope the meme coin can be like shibainu? it is very unlikely to be able to compete or the price will be the same as shibainu, and don't be too hopeful about the meme coin which is only listed on the mext exchange.

The growth of meme coins is only driven by hype and when the hype explodes then the meme coins will have no value in the market, meme coins are lucky coins so we cannot identify which coins are good to invest in because almost all of them do not offer us any real use and have no fundamentals so we often see these coins suffering in the market. My advice, if you don't want to experience losses, you should stay away from meme coins, especially now that the Crypto market is in a bearish condition.

one more thing is, if mexc add any memecoin on their exchang, it doesn't mean that memecoin has potentiality to survive for long or that is a good memecoin! Not all exchanges are responsible like binance who verify coins before listing. Most of the exchange will add coins if they get Money. And such memecoins also delisted some time later. So buying memecoin based on listing on mexc exchange or any low quality ecchy, will be bad idea. Even i only found 5/6 memecoin list on cmc, where last one has more than 3000 rank something. So buying such memecoin won't worth anything

I can say that hyped projects are meant good for the short-term only. In fact, it has been proven already that many people got into it and earned huge profits which drives courage in the community. As we can see, people are looking for other meme coins, quite they have been into such trust and confidence. Unfortunately, those who come late struggle with the consequences and lose their money. Definitely, we can never say if it was totally good or it was bad, that will depend on what we experience.

If I earned a profit from investing in these meme coins, I would certainly be saying it was a good investment but if not, I surely hate them.

the thing with these exchange is that, they only list meme coin that they consider could somehow boost the trading volume in their platform not because they have promising future, but because the platform wanna grow the number of their trading volume up.
its simple actually. being listed in exchange doesn't mean the meme coin legit, meme coin as the name implies is just shitcoin using some meme theme nothing more.

Memecoin concept is, such coins are created without having any purpose. That's why we usually see that, memecoins pump a lot first one or two days after add on exchange to draw attention, then it lost liquidity and being traded with so called volume. Then how can you expect good thing from such coins? Only shiba, doge able to existed and gained popularity. Otherwise all memecoin fail and disappeared. It will be wasting of time if you search for something good in memecoin

There are no exact conditions to indicate whether a meme coin is actually good or bad, it's just luck to be able to get instant profits from the meme token
but most meme tokens only rely on hype  after that they disappear, the meme coins slowly disappear, no one knows how long the meme coins will last

lots of people can say that memecoins have given them profit this is because they knew exactly what to do many memecoins will be seen with a promising value then will disappear later on hence why they’re best for short-term investment only

learn how to spot a memecoin early on check on social media platforms which ones are at trend and search about the market it’s best if you get ahead of everyone instead of buying only once it’s already at its peak

investing in memecoin is like you are gambling, so you can't know when memecoin is good or bad, so if you are lucky then you will get a profit, but if you are unlucky, then you will lose your money, that's why I think investing in memecoin has a big risks, but with big profits too, so if you want to invest in memecoin, then you have to be prepared for the risks.

I don't think there are any good meme coins, they are only backed up by the community and a lot of money like Pepe and Memecoin.
Meanwhile for ordinary memes, it's just a pump and dump scheme coin, you could be lucky when you buy and they intend to pump, then you sell.

I've stock my portfolio with reasonable amounts to stake. Memecoins season is finally over but there's more to probability of earning from the system. Memecoins are the main targets, easily makes one to become confident when anticipating in the activities of the system, up and running. This system, things are settle and there are also that's complicates at the moment. He really missed out on big matches this season, what for? When I'm suppose to be indoor grinding really hard on these teams, choosing the sad days currently and reaping plenty of profits when the pay daily finally happpen.

Meme coins are simply meme coins. It all depends on the hype. We can see meme coins that will do 20 times better than DOGE but it all depends on the hype backing it. It is possible that a meme coin that seems like nothing suddenly gains a lot of hype and noise and the next thing it becomes the talk of the town. With this format with which they blow up, you can't really tell if they are good or bad because their value falls back on the hype level. I generally like to advise strong research before getting involved in normal Altcoins let alone meme coins. If you must invest in them, only do it with an amount that you can comfortably risk without FUD.

Since the price of Doge skyrocketed, so many meme coins, there are many risks that we have to face. So far, meme coins have always taken advantage of their hype period to become famous and ultimately skyrocketed in a short time. And herein lies the trap. because usually the price will immediately plunge and will not be able to come back again. And at that moment, many beginners end up trapped in a high buying position and cannot sell again at that price. So, large losses are often experienced here too. It would be better if you avoid meme coins if you don't know how to utilize them

mexc I guess doesn't pay much attention to the type of coins they list, as long as they get paid from the project they do it.
I see many projects listed there, especially memecoins which you say only last temporarily, if you want to buy coins like that there you have to be prepared to lose.

FUD is the reason why many beginners are joining the ride to buy a meme coins even the price is already high. But due to the popularity, they are blinded by the profit since they don't want to miss the chance. Well, even before, whatever the current trend is (ICO, IEO, NFTs etc.) many of us tend to follow the hype because we want to profit. However it's a must for us to know what we are getting into before buying. Like these meme coins, they're risky to invest in compared to established coins. Therefore, always DYOR, so regardless of the result (if ever you invest) it happened because that's your decision and no one coerce you.

Luck seems to play the most important role in investment here, so managing finances is an important key to anticipating risk. Doge is one of the popular coin memes where there is a figure behind it all who is a role model for investors, but behind it all there are also many who suffer because of Doge, where at the beginning they had excessive expectations and didn't want to accept reality and couldn't think logically. so that there is suffering

If you want to understand meme coins in the market to it is really hard because they influenced by unknown factors. But there are some things you can think about that meme token has some potential.

First of all learn about the project. Check the team their experiences and what is the goal of them. Second think about the use case. Does it have a purpose or not. Look at the community. Find the people who are holding that meme coin is there any big wallets which have the meme coin in which you want to invest.

But the thing is that meme coins are too much risky and can give a lot or you can lose your money too. I have mentioned the points but they still have the risk too. And in my point of view the whales always get in the project and give hype to the project and get out after booking profit. I think that is the scenario which they use.

Only one out of ten meme coins make your choice of acceptance successful and rest of the Meme coins are not trusted because they cannot give more benefit and you will still hold it for longer timing and it will not show any good effects of Bull run. If we are trying to get more money but we cannot earn then think wisely that the coins which you have bought are able to give you profit or you are just wasting your time by holding it. Altcoins can have abrupt increase but suddenly they goes down and then never attain their higher worth again so how can we trust altcoins easily. Exchange matters a lot therefore look into the realising of coins that on which exchange it is listed after which you can easily get for what you are working hard.

In my opinion, there is no way to identify whether a memecoin is good or not, because it's a scam, I think it's luck or gambling, I also suggest choosing low risk coins like BTC and ETH, sometimes memes have high risk and low returns, but it's up to you if you want to invest your money. This memecoin is just a suggestion to correct me if I'm wrong
peace

Be careful to buy meme coins. This is very high risk and not recommended for long term. Most of them will only rise for a while when the meme coin becomes famous  again and again.

The risk faced is no way proportional to the number of meme coins that has emerged since Doge. Every meme coin is a risk. Even Doge at that time was a risk. In fact, I could see replies of people under Elon’s tweet saying that he ruined their life (they definitely got in late). Also, there’s no way to utilize meme coins, instead you can say that it is better to avoid them if you can’t handle their volatility. But I’ll simply change that to saying that one should invest only amounts that they can bear the loss for.


FUD means Fear Uncertainty Doubt. That can’t be the reason why beginners will join instead it should be a reason to leave. So you must have meant FOMO.

true mainly they use bot for trading to maintain the volume and try to attract investors intension. Many time i go there for sell some coins, there's no good order and automatically buy sell is going on after each 5 to 10 minutes later. This is how a coin and exchange fool people by make them inspire with such dumb strategy. So before buying any coins, need to go its depth for analysis. Although analysis on memecoin is kind of wasting time cause the profit margin will be remain zero, at the end

Each legit altcoin has a roadmap. What to do with it, how to use it, how it become helpful to people as well as for build up new technology. But memecoin doesn't have any of such quality. Created for fun purpose only, once after ceo able to got people's money, this game is closed down. No matter where it is get listed. Listing is just a formality, doesn't guarantee a altcoin to live long or stay in the market for long. So big "No" for memecoin

That's why I was also surprised when I read senior comments on the forum, many advised to stay away from memes. If you don't understand them, don't go in and buy them. But. At first glance what you're saying also seems to point in that direction. Just like the crowdfunding model and If something like yours happens, let me know what happens to those who already bought it. ;D ;D