Bitcoin Forum

Before this year 2023, people were launching projects with whitepaper, roadmap and promote those projects with Their team. Memecoins were few but this year, situation is changed. Everybody is busy launching memecoins, no whitepaper, no roadmap. 8 projects are memecoin out of 10 projects.
 It seems, this year will be full of memecoins. What do you think? Why memecoin launching is increasing so much in this year?

I don't think that meme coins launching will simply stop, and as you have said, it's been growing in the last couple of years. And the reason simply is,

This meme coins are a magnet for easy money, I mean the developers can launch it and just used the social media to create a hype and then investors suddenly flocking in hope on a easy money profit. Admit it or not, this has been the formula ever since. The thing is that many noobs are also thinking this way so they might join the meme coins craze. Unfortunately, if you don't know how the game is played then they might lose their money and they could be the victims in the long run. So for me it's not advisable specially if you are a newbie to just follow meme coins and invest and then hope that you will get x10 or higher profits.

Not meme coins but more with AI projects.

It's because of the investors that have stuck their minds into meme coins that will skyrocket on the bull run. People can't get over with the past that most of the meme coins have made a lot of money and that's why everyone is still on it. Up to what you believe if they're still a thing this time or not but as much as you want to get into these meme coins. Be sure that you know what you're investing because most of them are plain pump and dump tokens and that's no escape if you have already bought a random meme coin in dexes and cexes that you are not aware of.

memecoin is the fastest way to profit now, all you need is diligence in promotion, you do not need to have a white paper, you do not need to have a project, idea or development team, you need promotion, money to pump the currency and promises that you will become rich from investment and then you will achieve success.
These projects are becoming more like a new Ponzi scheme.


Altcoins their basic philosophy is that they give you projects that perform better than Bitcoin in the short term and therefore they sell those cryptocurrencies to you and buy Bitcoin from you in return, and you believe that the performance of these currencies against Bitcoin in the short term is better and then you buy them, but in fact the performance in the long term is very bad.

Yeah, I think that is one reason, easy, fast money for this developers and with less capital as well. They don't need to shell out huge money to promote, just some social media hype and that's it, almost all speculators are ready to jump it with this meme coins.

But it is still a gamble though, perhaps before the hype on Pepe, there could be hundred of meme coins in the past that never made it that far and just die a natural dead. So it's a combination of pure luck and then hyping the next meme coins and then speculators finding it to pump & dump that make meme coins significantly increasing in the crypto space.

Meme coin are a pump and dump coin. So I am not surprised if you say so because scammers and get rich quick actors are always ready to take advantage of the situation to makeore money from the newbies in the system. For sometime now it seems meme coin are taking position in the crypto market with good outcome from holders who kept promoting  it as a result of what they have benefited from it. Celebrities too who support and promote meme coin are another reasons why the meme coin are still doing much well in the crypto market.
 Memecoins do not waste time to grow very fast compared to legit altcoin which would require time to build and nurture to the final stage before it starts utilising it's potentials in the market. Just as you have said, legit coin takes time to be build as a result of the nature of their projects but memecoin doesn't need such as it is a hype type of work to gain attention of big names to aid in providing promotional content for which they would be of great benefit from.

There are cheap copies for everything. And as some meme coins rose to fame, 100s of their cheap copies follows. But one thing that distinguish a good meme coin with just a meme coin for sake is meme coins do have a plan (a small roadmap). They might not have a white paper or a dedicated experts team to boast about but good meme coins would have plans to rise and stay at the top. Or live shibainu, they may keep on evolving on it. Overall, meme coins are much riskier genre of crypto and should be studied properly before investment.

As we know, in the last bull run, investors made good profits with meme coins. That's why many developers are also focusing on meme coins because they believe that this time investors will again trust meme coins. Therefore, we are observing the emergence of numerous new meme coins in the market. However, to be honest, I have more trust in altcoins than meme coins.

Memcoins have been stamped on an industrial scale since the SHIB hype. They appear steadily every day, and consistently in large quantities. This is because creating a memcoin is the easiest thing to do, it takes a few minutes for experienced developers. I don't agree that it started to spread in 2023, this phenomenon is already several years old. It's just that few people paid attention to it due to low interest, but the hype around PEPE has changed the situation a bit around the attention to memcoins, but it hasn't changed the situation around the creation of memcoins themselves.

During the year close to halving, these coins that are pump and dump are pushed into the market and you know the reason. It is for the bull season being expected. If bitcoin increase in price, every other coins have price increase also. Developers get more profit during this time because they and team will dump the memecoins and other shit coins to your face and so those who bought at high price will only feel scammed because the coin will lose value afterwards.

The uncontrolled release of meme coins started since Elon Musk and the doge pumping. Since then shiba, floki, babydoge and other meme coins have appeared. Now this trend has started again after the success of pepe. I think it won't stop in the future because these coins are easy to create and will be bought if there is good pumping sometimes.

As long as decentralized systems exists that allows for permissionless token creation, we'd still see the memecoin and shitcoins narrative gaining traction. It's even of the very few reasons why new bitcoin and crypto enthusiasts are getting involved - Because they have seen or heard about people getting rich quick from those shitcoins projects. On the flipside, the narrative driven by this memecoins/shitcoins give crypto a bad overall outlook. Definitely leaves a sour taste in the mouth of many when such projects fails.

Last year, memecoin is promising for trading because price pump drastically and easily earn profit above 400% until 600% depend right or early time for entry, but I don't think in this year still worth for trading or investing in memecoin because many scammer easily created memecoins and listed only with dapp exchange market. Few hours after memecoin listed on market, developer removed liquidity and holder can't sell yet with their memecoin.
I have stop trade and invest with memecoin in the beginner this year, legit altcoin is my priority for trading or investing right now because earn profit consistent is better than huge profitable from memecoin but risk for losing our money.

Happens all the time.  They found so.e success in 2021 so everyone thinks they are going to hit it big again.  Sad part is most people will just end up losing all of theor money to these people launching these.  Those are the only people that's going to hit it big.  Steer clear of fads that make no sense meaning there is no real project bilehind it.  Can't wait for this meme thing to finally be over its annoying.

I don't think professional and wise traders invest much in these meme coins. Those who invest here are mostly traders who think that they can get rich in a very short period of time with a small investment or a large investment. And if you see that among the investors, their number is more and meme coins have appeared to attract them. However, the end result is mostly losses. So I think that no matter how many meme coins emerge, those potential projects will eventually take over the market.

Developers want easy money - they want to buy a Lambo to park in their respective garages. Does that make sense as a valid answer?

The coin meme trend is growing because many people want to get rich quick. These coin memes have no use cases - but some have become popular and have gotten a lot of attention. Some people choose the coin meme because of the potential profit through price volatility - but I think it's always going to be hard to repeat the best of history once the price hits ATH. Even if bitcoin hits its new ATH in the future - I think some coin memes will just die and be left out.

thats true, main reason being, some people just want get rich quick, honestly if not for the fact that so many people randomly throwing their money at every meme coins they see, the emergence of meme coin in general wouldn't be this massive.
but the truth is that, majority of people are really eager to get rich by taking advantage of the volatility, but honestly they didn't realize that they are quite literally getting taken advantage by the devs.
its really sad though, how many people out there spending their life saving in hoping that they'd be rich but instead they lost their saving, it's rather ironic i must say.
but then again it should be a good life lesson for them, though there are already many advice to be against investing in such highly volatile and manipulated coin.

I think it will always stays on the lane on crypto. Itd like a virus that has been there for a while and as long as there are many developers who love to create countless meme this will not end. Its like a networking style actually, where the new project with new hype gets attention and traction while the old simply gone if not seen or work out. Its a life cycle of money and there will be always a dead end for some.

This is so true and so annoying. Since the price of Doge jumped very high at that time, since then many meme coins have appeared, in various ways, many new projects related to meme coins. I thought meme coins ended earlier this year but it's still going on even today. so it can't be avoided, there are so many meme coins. And unfortunately, most of these meme coins are SHITCOINS

Let's see how many meme coins are successful and last long? Very few, most of them only take advantage of the meme coins hype which will eventually drop drastically in the future.

now, it is on the hands of the investors how they will attack such hype. are they going to invest on these most short-lived projects or not? we can't control how these people will launch project after project. it is on you how you will approach on this hype. at the end of the day, you have the control of your funds and it is up to you where you want to put it. so whatever these scammers are going to do, the effect will be up to you on how you deal with them. better skip on this hype and stick with valuable alts.

2020-2021 were the hype of meme coins, it was when Dogecoin became very popular because Elon Musk campaigned it. Since Dogecoin was popular, we saw too many meme coins at that time but most of them just end up with nothing. Many of them were scams, some failed to develop because they have no longer demands on the market. So, I don't think this year will be the hype of meme coins because there are many people who feel disappointed with meme coins. Sure, as the name of meme coins, it have no strong fundamentals, they no clear plan in the future. That's why we know that it is not recommended to invest in meme coins.

Anyway where do you get the stats that there are 8 meme coins projects of 10 current projects? If it is related to the new projects in this forum, I assume we have more AI projects than meme coin projects.

because since BONK and PEPE appeared meme coins have become hype. it's like crypto gaming or web3, I mean before the coin meme hype like currently crypto gaming and web3 also had this kind of hype and many new projects came up with such a concept. I think it's just seizing the moment and won't last long.

Many new projects getting launched aren't legit they're scammers taking advantage of the memecoin hype to launch fake project to scam people that'll fall for their tricks. We're about to enter the bull market season so scammers are launching memecoin to trick people that are believing they'll make a lot of profits if they invest in the new memecoin since other memecoin gave profits.
We'll likely see more increase in memecoin getting launched both the legit ones and the ones created mainly to scam investors. I'll trust only the memecoin on Binance exchange as Binance exchange won't list scam coins as that'll spoil their reputation. As we're still in bear market, they'll still low that if I buy them now I can make big profits when the bull market starts as coins are pumping.
Also it's because of the success of Dogecoin, Shiba Inu, floki and the rest of other successful memecoins that's why more meme coins are getting launched. Investors are looking for the next meme coin so they're investing in everything relating to meme coin that's why more are getting launched both the legit ones and the ones created to scam investors by scammers.

A lot depends on the capitalization of the coin. The more capitalization of the coin the more stable it becomes.

There are many who made profits from these meme coins and these are the developers and early investors, meme coins is the new Ponzi scheme the early investors are the one making money these meme coins promote that they are the next Dogecoin and Shiba Inu, they use shill marketing and FOMO because they have a model for this, like Dogecoin Shina Inu and now Pepe coin, whatever the trend now expects a lot of new trend coin flooding the market, investing in MEME coin is high risk now, because of the many investors losing their money, there's the possibility that they are not going to support these coming ne Meme coins.
So be aware on when this going to end.

Because for some people its easy to create a shitcoin without anything to introduce and just build a hype then you good to go. But that doesn't mean that a project have whitepaper and roadmap is not scam since this is still rampant even these days, but its just its easy to launch a meme coin that's the reason why we see a major increase especially at the moment meme coin gather big hypes due to recent success accumulated by some of these projects.

There is nothing spectacular about memecoins, they are just another phase of ICO time when everyone with coding knowledge of javascript and Evm, which were looming in Ethereum chain back then, people loves to move from where there is money to another and that is what 100% meme coins are all about, check all of them that has been launch over the last year and early 2021, it is only doge and Shiba that is still relevant till today and I think Shiba isn't as hot as before.

The reason why there has not been reduction on the launch of meme coins is because there has not been another trends investors can make money from, they will stay here and continue to launch worthless project without any use case than do something tangible, be looking out on halving I'm very positive about new trend and watch how they move and abandon all the meme coins just how they abandoned ICO projects in the past.

Because everyone wants to make money fast, people prefer gambling to get rich rather than serious investment, so meme projects will remain a hot trend in any market stage. It can be said that it is the needs of investors that help meme projects grow more every day.

Investing in memes is risky but exciting because if you're lucky you can change your life quickly. Meanwhile, if you invest in bitcoin, you need to hold it for a long time to get a profit, but it is not guaranteed to bring you big profit. The higher the profit, the higher the risk, everything is proportional to each other, so depending on the needs and preferences of each person, there are different options.

To be fair, if I was like for a short-term only, I would prefer buying DOGE, SHIBA and every INU breeds out there and I would just sell it right away whenever the pump happens. Community-wise, they're going to get more attention rather than these technical altcoin with the exception of AI since it is continuing to be a relevant topic with the fear of it shaking the job market. Even by hyping it through social media might be an overkill depending on the meme.

Meme are going to be part of the internet as a culture and people need to accept that. It's just going to change overtime and same goes to how new meme coins get created. Even if it has no utility at all, it's like sort of a "culture token" like for fun-sies.

Well it's not really "campaigning" it more like just mentioned it. Many of his followers surely wanted to be like him so they joined the train hype to the coins he held. Even if you think that meme coins aren't going to be the hot topic this year, believe me, there were hundreds or maybe thousands of memes that already originated back around 2013 and some random bored guy out there would surely start it out.

---

Just a disclaimer that I am not an investor of a meme coin, this is just me putting myself into a perspective of an meme coin investor.

That's exactly right. As long as people look at cryptocurrencies as a form of gambling, the market will continue to give birth to projects like PEPE, SHIB, etc. People will continue to lose money on this gambling, thinking that the whole crypto industry is a scam, but they will still be willing to participate in any dubious project that promises quick riches.  Crypto sector is good at playing on human greed and stupidity like no other.

Sources start from an investor rushing to invest in meme coin due to sudden riches and all these campaigns started from the social media section. Moreover, most of the new investors are more interested in buying meme coin. But if every meme coin can keep their position in agreement with big investors then surely profit can be made there. Otherwise you can profit from good altcoins if you can collect them at cheap prices.

It's no wonder that when something is trending, there are bound to be many imitators, in other words, they will follow in their footsteps. Currently there are many coin meme projects that have sprung up, it is the work of fraudsters who take advantage of this situation to attract investors, so it is not recommended to invest in projects that follow the trend

There is no new altcoin memecoins that should even be in the same sentence with the word stable.  These coins, yes all of them, can nose dive at any minute.  The people creating them are just preying on the greedy people who will throw theor money into anything.  It's kind of sad

We know that when it comes to this market then we do really have that kind of different trend on which it would really be just that normal that meme coins does have its own trend and moment on which it would really be surpassing out the number of legit projects but there are some meme coins that would be heavily be supported and later on it did really make out that some kind of utility on which it do really ends up on being a not a meme coin anymore and just like on what we do see on SHIB and now that the current hype would really be on $PEPE which we might be seeing some another usecase if this one would be mainly supported and it would take a while for it to be sitting on the top in terms of value or whatsoever but of course everything is something that cant be sure because this market is always been that unpredictable and there's no way on knowing on what would be the teams next step when it comes to project progression. In investors point of view, then it cant really be avoided that putting up some investment on meme coins could really make you interest in, considering that pumps could really be leading up to 10x or even more on which if you do able to get in on the right time then you would really be finding yourself to be that rich but depending on how much you had invested though
but there are moments that even a few hundreds could really make out millions and this what makes people interested in on testing out on putting out some money on memes.

Coin without a use case, no white paper, no road map, and the funniest part is that people are still investing their money in projects like that, I see it as wasting of money, because even strong altcoins which are having clear and understandable road map and use case, I don’t trust them not to talk of meme coin that will just come from nowhere and after little hype, it’s going to disappear again.

I don’t really know what people that are investing in it are thinking, but seriously I can’t invest in meme coins, I don’t even trust even strong altcoins but we all know that they are better than all this meme coins we are seeing in crypto space currently, people investing in meme coins are taking a great risk, I will rather leave my money in bitcoin and watch it grow gradually than investing in meme coin that can wreck me at any moment. I don’t have to warn anyone from investing in meme coin because i notice most people investing in it knows the risk but they are just looking for quick money.

Every single year is full of meme coins being released, it is just that a great part of the community was not paying attention to them, however with the recent success of PEPE many investors decided to take a more detailed look at the many meme coins being released to try to find the next PEPE, and scammers know this and as such they have been trying to increase the visibility of their projects in order to attract naive investors and obtain massive profits for themselves this way.

2 reasons, people are dumb and people are greedy.  These projects are worthless and the only reason people put money into them because for some reason they think they are gonna get Rick quick off them.  They literally are just ponzis disguised as some sort of legitimate project.  Guaranteed in the long run everyone that puts there money in long term will end up rekt.

The matter is simply that there are Memecoins that were able to generate substantial investment returns for their investors, for example, Pepe coin, which is the frog currency; after the currency got immense hype and attracted investors and topped the Twitter trends, the currency made 7,500x as a considerable investment return in a few hours for its holders, where one the whales bought 1.82T Pepe coins for $20, After a few days, the value of the amount became $150K. When hearing these stories about Memecoins, most investors want to ride the wave of wealth and generate huge returns like this whale, so you find there are new Memecoins projects in the market that compete with other projects coins that exploded and gained fame in order to take their steps and attract the eyes of investors who dream of getting rich quickly, so yes, this year was the year of Memecoins. We saw many, many new Memecoins that occupied Twitter and famous sites of news.

[1] The story of one of Pepe's coin whales: https://twitter.com/ArkhamIntel/status/1648305703746936833

Many investors are investing in meme coins to get rich quick, so due to the demand, it's not surprising why meme coins are increasing. They're all similar, the price can skyrocket depending on its hype and the people buying the particular memecoin.

Moreover, some investors are still never learned from their past mistakes. They tend to join the ride whatever the trend is hence even investing in meme is risky, they just ignore it hoping meme is the answer for them to have a huge profit even for a short period. Thus don't be surprise for the current happening, every opportunity to profit the devs and investors will take advantage it.

As mush as we do not like the developers behind those coins, if there was not a huge demand for meme coins now then they will not bother on creating more of them at all, even scammers value their time and if they thought that creating a meme coin was a waste of time then they will not do so.

However as we can see they are flooding the market with useless coins and they keep doing it as the demand for those coins remains high, despite the lack of fundamentals of those coins and the significant losses they cause to the majority of those which choose to invest in them.

Memecoin won't going to stop, i guess it'll be continued even after next bull session. Launching bags of memecoin theory is simple. People are involving memecoin more than before, investing blindly to multiple their Capital within short period. So why not scammers taking an advantage of this situation?? People don't want to go for safe investment like btc etc, they just want to take high risk. That's the problem.

not that they are trying to take high risk blindly, sometimes their relatively smaller capital than the other people are forcing them to find some investment options that could easily multiple their investment although risky, this is the thing with meme coins most of the investors are just some newbies and desperate for getting rich quicker.
they just disregard the chance of their investment vanishing into thin air, therefore why so many are still investing in meme coins until this day.
their small capital make them choose something thats faster to get the returns, unlike investing in btc and eth which rather requires some bigger investment to be meaningful.

You say that the memcoin market is growing although you do not provide official statistics. I think that new coins are constantly appearing in this market, but only those users who are subscribed to special channels and news receive information about them. If you go to the communities of degen traders, you will also be surprised by the huge number of useless projects.

Memecoin is garbage, as you properly noted. These "investments" signify nothing in finance. That bitcoin popularity would rise in 2023 is unexpected.

Instead, the broad appeal to the public, which is more influenced by memes and trends than by competent financial advice, is the cause. Memecoins aren't serious enterprises with a clear future or realistic success chance. Compared to projects with whitepapers, roadmaps, and skilled teams, memecoins are created in an eye blink or faster.

I think its a trend that will slip away quickly. What grows it? Unexcited people may exist. A new toy is their desire. That may be all it is.

There may have various reason behind incident. Bear run is continue in crypto market since 2021 but i saw most of project dumped, and dumped more in 2022. Maybe seeing token sale failure due to dump market or seeing full of greedy people, project team decided to bring  memecoin as well as useless coin. Thus they don't need to invest much to create a meme token, Don't need to arrange a programme or Don't need to have a speech about their project among people in counties. No need to think about whitepaper or no hassle. See, how easy it is to launch  memecoin? But legit project also came like bounty combo listed on binance!

Meme coins are probably the laziest projects a developer can create as they do not even need any technical expertise to do it, they can just copy the source code of one of the hundreds of meme coins which have been created, change the name of the coin, its logo and they have their meme coin already.

The difficult part is to try to get that community to support that coin, however even if not many people do as long as they can get some people to buy their coin that is more than enough to make some money out of them, abandon that coin and then create another hoping to strike rich this time around.

Memecoins will continue especially bull run is near, look at the hype will come again just like what most memecoins did in the past, but be aware that you should exit early as possible.
Memecoins are risky, and new altcoins too. Meme coins are much more risky especially since they don't have any real use case.
So if ever you will find an altcoin, find altcoin that there is already a product and they are already solving real problems.

It means bull market is nearly coming back that's why memecoins are left and right and it created a great hype towards the crypto market and of course it is a positive for the market. But always remember that memecoins are not for long, it is a hype coin that degens short term goal to make money quickly. As always go to solid projects for a long term run.

Irrespective of the wave of memecoins in the space, I still hold legit altcoins projects in high regards. You see loads of memecoins being launched but go closer and see how many are actually rugs, honeypot and farm, if you properly analyse it, you'll stick with legit altcoins projects.

Memecoins are just a trend that will pass in a few seasons, that's why it doesn't have a strong background. So, I simply don't dive into it but make profit when it's possible

Certainly they will not waste their time creating such coins to gain nothing. It is profitable for the dev since many investors (especially newbies) prefer to invest in meme rather than to wait longer if they invest in established coins. What matter to them is to profit as fast as possible while ignoring the risk of losing their money.

Whatever the trend, expect the flood projects joining the ride (and in this case meme coins) so brace yourself because it's not going to end soon. One of the reason why we need to be careful when we invest since not all projects are worthy to invest in.

Maybe it's because they see that meme coins are the easiest way to earn profit?

I mean I don't know the exact reason as well because I don't invest into meme coins anymore, so I guess its' the profits that cause these investors invest into it, and since investors wanted to invest into projects that can give them huge profits in a short amount of time, developers are taking this opportunity, creating a meme coin even though it doesn't have any use case at all, launching it to the public, and hoping that their memecoin/sh*tcoin project become successful like PEPE.

With the hype of meme coins slowly going down, I will not be surprised if there will be few, and few meme coin projects that will be launched until the end of the year. Overall, ever since it's been  hyped a few years ago, I already said to myself that I will never, ever invest into meme coins with the exception of DOGE. To those newbie investors, just beware because these scammers are taking it as an opportunity to scam you. Don't be an ignorant investor, and learn to research first before investing.

I personally think it's because the era of meme coins hasn't really arrived yet. So if we look back in 2017, ico projects became trending because many people made big profits from ico's, followed by IEO, IDO, then play to earn games using cryptocurrency also trended.

After this, NFT followed, then AI trended this year, and recently it was the Pepe coin, so probably when the bull run comes, it is possible that the time for meme coins will come.

If we consider meme coins globally, it is just a type of altcoin. Altcoins are risky investments anyway, so meme coins also have a high risk. But I would not say that only meme coins have no practical usage. In fact almost all altcoins don't have that. Most coins are created just for profit. There are thousands of different coins now and only a few have value. Even ripple in my opinion has no use.

I don't think so. We've seen several hype trend on meme coins before and I don't think that the effectiveness will be the same as the past upward price. I think that there will be a new trend upcomming that will rise in the next bull market. I'm trying to get a gist of the possible trend, I'm thinking about the airdrop projects now as they have a solid community right now but yeah we can't tell the future.

Many really want to speculate and hope that there will be surprises from the meme coin invested, although sometimes they are not sure that it will give something that is really expected. Of the many new coins that are present, it can be said that only a few meme coins are still able to survive; this indicates that it is too risky to hold meme coins. But it all depends on what he wants to do because he has the funds but misplaces them. I think what you said is very true. Do the analysis correctly and make sure you don't think about holding meme coins because there are still many other alternatives.

Because it's easier.
Also, add the fuel given by the pump of Dogecoin and Shiba Inu. Even without an item or project that backs it up, investors are still buying it which I think is stupid.
But now, even if you debate with them, they won't listen, their minds are closed and they say it will pump later in the future. I disagree. These meme coins are manipulated by those with money and they can easily dump it all whenever they feel so.
That's the disadvantage of retail buyers. They don't know when it will be dumped and all they can do is be lucky enough to sell when there's a buying spree. Unlike other coins which can only effect a little when a whale sells because of the higher amount of retail buyers than them.

True, however together with NFTs meme coins are the only coins which can openly claim to be completely useless and still attract millions of dollars on investment, the rest of the shitcoins we see on this market at least have to make it seem as if they could serve some kind of function to get access to that money.

It is because of this meme coins are becoming more and more widespread as scammers need even less time to release that kind of coin as they do not need to create a white paper with incredible claims or anything like that, they can simply copy another meme coin, change its image, promise that a lot of money will be made by those that invest in it and then earn a fortune.

  Many memecoins have active and engaged communities on social media platforms and forums. These communities can generate a sense of camaraderie and shared identity among holders of the coin, which can lead to increased interest and investment.

I thought since it's full of meme coins it would be a boon for legit altcoins. Because if there are too many meme coin projects, of course it will diversify and I'm sure there will be many failed meme coin projects later which will cause people's trust in legit altcoins to increase.

It maybe increase the interest of investment since many will get attracted to the profit showed by other investors who came first while meme coin hype is starting up but once all is nearly done for sure many will cry about their financial loss on this type of investment since we all know that scamming will be the end point on all of this.

So better be careful on dealing with meme coins and only decide to hold those legit since they are more trusted or even more tested by many traders.

I do believe that if you spend enough time on researching coins, you will realize that memecoins are not there to make you profit, because that was never their intention and should not be considered a good thing at all. This is why you should be investing into altcoins.

However, there is an important distinction on this as well. We need to remember that this isn't going to be that easy, and we need to make sure that we are doing a good job of it as well. If we end up with a deal that doesn't really benefit us that much, like some shitty altcoin, then we will be making a mistake as well. So if you really want to make a profit, you should know what you are getting into and pick something that will profit you a lot more.

There are several reasons for investors to invest in Memecoins. One of the reason is that meme coins have skyrocketing returns on small investments. That is, an investor can often dream of winning $10,000 or more with a small investment of $10. And this dream is not possible in the short term in any project other than Memecoins. We recently looked at some of the meme coins that exchange huge amounts of money every day. A while back we saw how bullish Pepe Coin. As the lure of investing in these coins works among investors, some scammers also take advantage of that opportunity to pursue their interests. Investors must be careful in investing otherwise they are more likely to lose.

That is expected because what can do they other than that anyway? As a memecoin, you surely don't want the same approach as a legitimate altcoins because it doesn't have any utility compared to the outstanding altcoins that has been on the top boards in the last couple of years. What you want is to copy these successful memecoins and have the same approach so that it can look that it does have purpose even if they don't have any.

Anyway, memecoins are riskier than these known altcoins and yet people/investors are still clinging on it with the hopes that they can ride the wave someday and generate big profits in just a short amount of time. I mean, who wouldn't want that? But it's sure is risky because nobody even these so-called experts can predict its movements.

We can say - there is easy money out of these meme coins which gains more interest for most especially for those who believe about instant rich. Yes, we can't deny that there are a lot of people had made it good and earned more compared to investing in Bitcoin and altcoins, indeed meme coins beat them. But if we talk about the long-term, these meme coins are out of that competition, they'll just go after hypes and their popularity will be over.

Well, if we are really smart, we can take meme coins as an option but if we are focused on investing long-term, legit/potential coins offers something different and of course, at least have some assurance that it will never die.

The only catch on investing on Meme coin despite the attractive potential return that you mention is there’s a bunch of meme coin exists and most of them turn into scam. You will lose many times before you can find a meme coins that will give you profit, worst is you will never find the perfect meme coin before you lose all your investment on this typemof coin.

There’s still a lot pf altcoin projects that prints huge gain too especially on blockchain and defi projects when there’s still few of them available in the market.

Retailers in any coin don't know exactly when the dump will happen, but does that put memcoins on par with the rest of the projects? The whole point is that memcoins can drop indefinitely because they have no utilitarian value. If a project has some utility, it will attract liquidity to the cryptocurrency and the coin will recover and continue to grow. Memcoins in 99% of cases have a irreversible cycle, once they collapse, they will never return to the price peaks they had before. It is easier to launch a new project than to try to maintain an old one.

What you are expecting to happen in the future is actually happening right now, there are thousands of meme coins that are launched by god knows who because no one really checks who is the developer of a certain meme coin nor do the creators come in front saying that they are behind those meme coins knowing it can cause trouble if people make investments and lose their money and if they know who is behind that project, the creator can get in real trouble.

However, those who invest in these meme and shit coins are generally not disciplined and sincere crypto traders or investors, because a sincere and wise person wouldn't waste their money on a project where they know they can't get much unless it magically gains a lot of hype in the community.

I don't consider this unusual. There has always been a flow of memetokens, and since they are easy to make, there will be as many of them as you care to count.

Your feeds might be just be filled by them right now. As every time there's a succesfull coin or a token, there will be ton of copycats after it, trying to ride that wave as they can say that we are the new pepe or what ever. This is not just with memecoins. There used to be a country coins citycoins named after cities, politician coins named after politicians, just becuse it was hot.

Before Dash was called dash, it was called darkcoin, and after that mooned everyone wanted dark in their name, or a shadow or similar. It's just a trend. It will blow over, and then it will rise again after some other memetoken rises.

There are still ton of projects that have white papers and that are least pretending to solve real issues. Those are just now not as trendy so you have to look for them.

Since few years ago, we already saw many meme coins projects. You shouldn't be so surprised because there are many meme coins launched every year. Why there are many meme coins? You already know the answers, it is because they are easy to create and launch. Meme coins don't need WP, products, roadmap, or other fundamental factors. So, we can understand if it is easy to multiply meme coins projects. However, there are still some real projects that have good fundamentals. If you don't like meme coins projects, you only need to ignore them!

Meme coin has no future.  Meme coin does not have a blockchain.  There is no difference between total supply and circular supply.  I would like to give an example that in 2022 I invested 2500 dollars in Goma shiba Inu.  But by 2023, that has become 0.  So what I think is that memo coin cannot be bought.  Current status of memo coin.  TOTAL SUPPLY
 1,000,000,000,000,000
 GOMA
 HOLDERS
 46,371
 Market
 FULLY DILUTED MARKET CAP
 $0.00
 CIRCULATING SUPPLY MARKET CAP

For now, yes, but that will change in the future, as Shiba Inu has been preparing its L2 blockchain for a long time, called Shibarium. Even though this will be the first memcoin to have its own network, I don't believe that this is the reason why all memcoins are scams and useless investments. It's all about the very nature of memcoin being a short-term strategy. Of course, there are exceptions to the rule, such as DOGE, which has been on the market for 10 years, but all other memcoins are designed to be short-lived. Why would coins with short investment activity need their own blockchains. It is expensive and time-consuming.

When everyone are seeing quick money making paths through these memecoins why would they put efforts in making some projects that solve a problem providing utility to the users so no need to go that way.But this is temporary phase and only the creators will make money only not anyone investing money in them.

Depends on the certain trend, whether it would be those shit altcoins or would really be those shit meme coins. The cycle continuous as long there would be those investors who do keep on throwing their money with these

things then it would really be continuing to exist because fake devs would really be always have that insight and believe that crypto people do really have that interest on investing into these type of coins even if it doesnt really have that actual utility and this is something that really needs to be that be careful on investors point of view. If you do have some extra funds that you could play with then its your choice but it would be much worth if you are do just simply throw off those money and invest in Bitcoin or some top altcoins in the market which it would really be that worth rather than on spending and wasting your money on shit coins.

Trend could changed up basing up on the interest and the current hype in the market and people would just normally be diving in into those things which arent really that even sure or doesnt have
actual utility or simply being garbage.

meme coin is honestly nowadays getting beaten up by legit altcoins in terms of short term return, currently the tides have changed and it seems many legit altcoins like optimism, arbitrum and many similar are just giving better profit in general than meme coins, so I guess the trend is fading in 2023
as you've already said its quick money making which means its highly speculative, many that invested in these coins are actually knowing fully well that they are speculating though in regard of financial responsibility that is not mine to judge.
so I guess they already know that its quick money making which risks them of losing money which is fine for many that invested in these coins honestly. but one thing needs to know is that meme coin is highly manipulated, there are definitely some schemes there that could give benefits towards the early birds, and the question is how you can be the early birds? it might be through inside information, after all not all meme coins are having the flow of investment going in.

Perhaps, they already know about it and these developers see already their advantage as they have done the survey. But if they are good developers and want to help the crypto space grow, they will not do it and take advantage of the situation instead, they will create a project that would give benefits to the people/community as well, not a useless project. Unfortunately, these developers are too greedy and what is on their minds is the benefits of themselves, not for everyone. So being responsible investors, we also take our decisions and choose the right coins only.

Not sure if the trend of meme coins is over, but people must understand enough if meme coins riskier. We already experienced more than 2 years with meme coins, it won't be easy to attract people with the hype anymore. Previously, I guessed the tokens of AI projects will be trending this year. But I think it is not really trending as expected. Regarding Arbitrum, it becomes popular because many people can earn money from its airdrops and invest in this project early. However, I'm not really sure that Arbitrum will be popular for a long time.

It is difficult to be the early birds and exit with profits at the right time. Since most meme coins are manipulated, the developers can disappear at any time. Only experienced people who knows the tricks to be the early birds. It is absolutely not recommended for beginners or average investors.

Hello guys i think It's not good to never compared to meme coins to altcoins because meme coin is high risky coin and high profitable coin when moving but altcoins is very thankful coin from my side and It's totally my personal opinion keep remember always altcoins better.

That will not really change anything for me, even if shiba had its own chain one day, that doesn't mean that it will be a legit project for me. They could be a token they could be a coin, they could be anything they want and the result will be the same for me in the end, they are just useless and should not be considered as a possible profit maker.

I think it is quite important to realize that if we can't make a profit right now, then it is not going to end up very well for us in the end neither, and thinking shiba will be the one that profits us, is a wrong thinking. It is just a meme, it is just fun, it is not a serious investment and it is only looking to make profit based on hype and nothing more, hell Elon is the only reason it even exists.

Memcoins have never been seen as a source of profit. You don't see going to a casino as a way to make money. Rather, such investments can be considered as gambling, a game of roulette, where you can count on luck and a good addition to your deposit. You should not seriously consider memcoins as an investment asset in the long term. These are just ordinary shitcoins, which depend entirely on the hype.

now the aftermath of the meme coin hypes as you can see majority of them instantly losing their value, where is the coin that was populating arbitrum now is nowhere to be seen not even discussed that heavily as it was in the past.
its just goes to show that a meme coin could hardly persists for so long. at best their trend are short lived if you could take advantage of that you could easily get some good profit from the speculation that you've made but should also know not too long holding meme coins they are just bad for that purpose thats why investing in fundamentally strong and legit altcoins is necessity.
after all sometimes you just need to hold for long term to get through the current bearish.

Regardless of the claims of scammers there are limits to how high a coin can go up if it only relies on its hype and in the greed of people.

At some point those that are smart, if we can call smart someone that invest in a coin with no value at all, realize things are slowing down and a crash is inevitable, and in that case they might as well just cash out right now and realize their profits, and once enough investors begin to do this the price of the meme coin goes down and that is when panic strikes and massive losses are incurred.

Memecoins are only designed for short-term gains but the risks are very high compared to the legit altcoins with utility and actual use cases, fundamentals, etc.

These memecoins come and go. They were only made based on the latest trends. Like X for example where it was formerly known as Twitter. Some have started creating memecoins based on that trend.

They will be doing some pre-sale stages to their investors before getting listed in DEXs. But in the end, the gains did not last long where it was averaging just a couple of minutes (or more if lucky) before the gradual dump (and rug) begins. The rest who bought at the top before the dump or rug would be left behind.

Legit altcoins that are being launched may not have the same hype as the memecoins, but the long term outcome would be something worthwhile even without any promises or guarantees at all.

Then late investors ended up investing their money at loss. Sad to say but this is really happening multiple times as we can see many greedy people think that investing in hyped projects makes them right without knowing the risk awaits and if you are not smart, you can never make money from them.

If I were into holding, then buying legit altcoins is the best idea. But we can join the hype projects as well as long as we know how to play the game.

I personally think that all this depends much on what a person considers a memecoin or a legit project actually is.
For example, Dogecoin has conceived to be a meme coin (a joke or parody of the crypto environment) all about Dogecoin was ironic at the beginning, but with time it actually turned into a legitimate project with millions of followers and holders, many of them are not in ironically.

On the other hand, there have been projects which were supposedly conceived as serious projects which were supposed to change the world with their innovation, but ended up just being meme coins and failing catastrophically to their investors, who were not looking to gamble with their money on memes, but to go for a serious project. That was the sad story of what happened to Terra Luna; it was a blue chip, top altcoin and it only took a couple of days for it to be a meme/shit coin.


The lesson of those cases to always to be responsible with one's money when comes to alt coins.

For low price i can buy lot of coin so that's why i want meme coin now. I want buy some meme coin in the future bull market but not like now. If one meme coin will make hype by spreading 10x profits then i can make big profits. Although many people avoid meme coin because lot of risk in meme coin and they can away out of market at anytime.

I think we should be free to explore crypto and search for the best alts that can give us profit or give us some entertainment, depending on what someone is looking for. I wouldn't compare meme coins with exchange or casino-based coins, or alts that have their own chains... the crypto world is getting bigger and we have so many new projects around, most of them are scams or simply bad projects, but every now and then we have some good project that is here to stay and make some progress.

So it's on us to choose the best one, or at least to try for that, without risking too much of course. Never get to exposed when getting into new projects, friendly advice.

Ever since Elon Musk promoted dogecoin, I have seen the unusual hype of memecoin, gaining popularity and new meme projects. But these projects are only shiny from the outside but hollow inside. They exist today but not tomorrow. But investing in legit altcoins is much safer than memecoin.

Many people are now investing in Meme Coin base on the research, which the hype is something else, when invest legit meme coin's trending it gives huge return profits, and ever since Elon musk promote DOGE Coin, Meme Coin open people eyes, like wise Shiba Inu that surprised many people in the crypto market. So they are legit meme Coin One need to invest on, while waiting for next Bull Run. Personal research is the best to invest in Alt-coins.

Because investors want to put in a small amount of capital to gain significant profits. Memecoins will continue to exist until there are no longer any investors interested in them.

It's all about the timing and how good you are in riding with the hypes, without any knowledge better to stay away
with meme projects and continue to do your research with solid and good alt projects.

Like what you have said, meme gain interest when Musk starts pushing the value of Doge and create hypes inside the market, from that
sparks. People start following the trend keeps an eye on new versions of asset that will be experience the same interest and hypes.

yes, people are making quite a fortune from memecoin, and people are also enthusiastic about short investing, so it's likely that many developers are racing to make meme coins to profit from the meme coins hype. While we know that investing in popular altcoins is much safer, people are willing to take risks with meme coins, even with enough cash to make a quick profit.

And they are rushing to create those coins not because they are difficult to create but instead because it is incredibly easy to do it, so they know that every hour they delay the release of their meme coin then they will have more competition to get the attention of traders and investors.

Unfortunately this means that we get flooded with meme coins, every single one with the same promises about going to the moon soon and every single one just as useless as all the meme coins that appeared on the past, but for some reason this does not bother their potential investors and instead they seem happy to invest in a useless coin.

We are all aware that the Pepe coin is the wildly popular moniker for a meme coin in the cryptocurrency sector this year, 2023. This raised millions of dollars in the cryptocurrency market quickly. The Pepe coin incident gave hope to other meme coins as a result of this episode.

You can see that Elon Musk isn't advertising it and that he hasn't made any tweets regarding Pepe Coin. Contrary to Dogecoin and Shib Inu, however. that without discussing Doge or Shib, the value won't rise.

I don't like meme coins because they cause harm to many people and only a few people get lucky. And that's usually the people around the founder of the meme coin. Investors who still invest their money in meme coins are new investors who do not know that they have been cheated. I think investors who have invested there will not repeat the same thing.

Memecoins are fun,  a bit casual joke, a bit of gambling.

Here is fact,  Macau and Las Vegas exist for a reason, same  as memecoin, a bit gambling, then fun of entertainment.

I think memecoin are fine. but do not bet your house on them, just treat them as casual fun entertainment, like many goes to Vegas or Macau in different virtual world.

I don't really understand what's so fun about memecoins. Just because it's named after a meme it makes buying it more fun than buying Bitcoin or something else? It's just pure gambling because the only thing that memecoins can have is hype.

With the spread and creation of meme coins everyday, it's no longer fun as people treated it as an actual investment and practically hoping for it to make them rich as quick as possible. It's no fun anymore. I remember the days where I am receiving DOGE as a tip by being active on an exchange public chat. I'm happy with the small gesture of receiving some kind of token from random persons I don't really know. Today, it's hardly to experience that since everyone thinks that these memecoins will have a value and make them rich LOL.

Yes or no to some degree.  I have noticed meme content of dogecoin changed over the years.  In the early days, yes,  tip was big part of doge, but doge got hacked on tip wallet as I recalled years ago.  Today, doge is mainly Elon's meme coin and also an important liquidity coin because many small exchanges still have doge trading pairs for many other smaller crypto coins.

Each meme coin has different nature of fun part. I am now also into Cheetahcoin, which is mainly a crypto mining fun on sha256.  I get lots of fun when I see my USB  gekko devices get CHTA coins everyday, some times millions of jack pot mining reward in one day once in a week or 2.  That is lots of mining fun on that.  

Meme coin violent nature of trading price speculation of course is unavoidable nature of this kind of coins. but certainly there are funs on mining, trading, payment, wallet etc pierce of crypto experience where meme coin holders do not have to pay a lot for principal, nor to pay a lot for fees for those kind of whole level crypto experience.

that is the exact reason why meme coins sells like a hot cake sometimes though some people just wanna have fun speculating and meme coin perfecty serves that purpose, there's reason why it's called shitcoin because its pure speculation but thats the essence that many are seeking, basically everyone just want to turn their money fastly by betting on these meme coin which is perfectly fine since i'm sure they all know the risk accompanying this coin investment.

if not for that characteristics of meme coin then I doubt meme coin could get this far, remember sometimes entertainment brings more profit than utility.

The reason that some people invest a lot of money in meme coins is that some of these meme coins have provided significant profits to some people in the past which makes everyone think that they might become one of those people and become millionaires and if not millionaires, they might earn at least a few hundred thousand dollars in profits, even a few thousand will do for most of the investors as they will have a few hundred invested in these coins.

However, people don't understand that they lose a lot of money on these meme coins even if they are investing small amounts in each one of them because out of thousands of meme coins, only a few manage to get substantial hype among investors and then manage to get some success and most of them will fail.

Some time I can't stop but to ask the question.

Is meme coins actually an investment or a Ponzi scheme,  because there is no difference between memecoins and Ponzi schemes,  so I will say that I never consider meme coins as good investment rather than just gambling with your money.


And the worst thing is that when those meme coins get pumped and dumped,  it becomes almost impossible for them to rise again unless the few that make attempts to constantly pump their market from time to time and this is not even a guarantee you have the coin pumped to the initial price.


So I prefer to hold well known coin like Bitcoin Ethereum and the other well known coins that already have a track record of market success.

There are many coin memes who want to succeed just like Doge, so it's no wonder they try their luck too by making coin memes. But as you said, meme coin growth looks good, but no one can be expected to be profitable; more is fast growing and fast disappearing too. Don't sacrifice your funds for something as hard to hope for as meme coins; it's wiser to place them on potential and widely available altcoins.

Blockchain isn't something that automatically makes something better. Before eth, all we had was pointless clone memecoins with different blockchains. In fact tokens on established blockchains are way more secure and resilent against any sort of attact.

You can't just use random memetoken as an evidence. There literally is a difference. That's why marketcap and fully diluted marketcap are seperated in cmc. It's more about issuance rate to circulating supply that is worth looking closer.

Investing on memecoin is like you are doing gambling .You can loose all of your money or you could be a rich person within short term.We all know that most of the memecoin will be scammed nevertheless we are investing for our greediness That's why scammer take the chance of our greediness and out with the money .We need to invest on legit project which hast strong use case that's could be the right idea to put our money in .However it is always risky to invest on new project though it is legit and also more risky to go with memecoin .I always ignore memecoin project and try to invest on strong legit ptoject .

I always avoid memecoins cause Those kind of coin has weak basement and community. Those can easily manipulate and make those fall down or raise up anytime. Nowadays meme sector is growing cause of people demand! People always want to be Millionaire within a day, by the bless of memecoin! And so many people already enter Millionaire club too by investing memecoin. Recently pepe created buzz and people now investing on memecoin. So scammers launching memecoin more than others altcoins as they don't need to white paper or roadmap. This is easiest way to scam

thats greed when people want to flip their money into million of dollars they don't have the logic to think whether they truly gonna make it instead of losing their money.
because see the promises offered by these scam coins as well as seeing those early birds in meme coin that flip their thousand dollar into million they thought they are lucky ones that gonna repeats the same history.

Seeing how memecoin will develop in 2023, it will grow very rapidly. There are many memecoins that were launched and ultimately ended up being scams and most of them were abandoned by their developers. they are only created for price speculation and to enrich the developer. Those who enter early will certainly get several benefits. If you have to say the newest memecoins and altcoins in 2023 are almost the same, you just need to choose which one has good development because every project is different, there are altcoins that are really good and can develop now with good potential in the future.

I strongly dislike the concept of "meme coins" even though some people have made substantial profits from them. However, this isn't the core essence of investing. It's evident that the level of seriousness among new altcoin developers is on the decline, as evidenced by the emergence of coins capitalizing on hype to generate significant profits in a short period. They come and go quite easily.

Indeed, the adage "high risk, high return" holds true, but focusing on the top 10 coins is preferable to spending time on something highly risky and challenging to analyze. I still rely on fundamental analysis to make sound decisions.

Yep. The concept of memecoin is just for fun, not for investment.
Unfortunately, many people take memecoin too seriously and dare to invest large amounts of money.
And when we talk about money, the greed factor will become dominant, and greed will make many people rekt.

Everyone has their strategy for investing their money.
Your Money, Your rules, and your risk :)

Wish more people knew about that, as we can see the situation we are handling right now is that people think memecoins are good things to invest into and we all know that they are not, and we should be avoiding them.

If you want to have fun and do something that you will get some joy out of, that might be something you can take a look into and because it will be something simple you will probably have some fun, but that doesn't mean that you are not going to end up with something good with it, you are just going to end up with some wild moves. You should end up with something much better on the long term and because that is going to be tough to handle we are going to end up with something that should not be all that easy.

Think about memecoins as memes in social media. If one goes viral, everyone will see it and start to use it. Same as memecoins, lots of investors (new or not) will go and follow the hype without any real assurance that that memecoin will do well later on. I’d also say there’s more and more people knowing about cryptocurrency especially with the development of NFTs.

Don’t compare with MEME coins and promising/legit projects, meme seems gamble, it’s high risk with high profits, but there are no guarantee. People’s rush to invest to gain 50x-100x in short terms when a new meme coin is going hype in the market. I also tried in the few projects with small amount, yeah i got decent profits from only a project. But i would like to recommend legit project for the long term.

What makes the investors chose the meme coins despite of being high risk investment? It's because of the potential profit in a short period. If you're an early investor (meaning the meme coin that you invest in didn't reach its peak yet) chances to gain from it is possible. However this is, if the particular meme coin became popular and indemand for investors who are looking for quick profit. As we know many investors are still looking for a quick profit rather than to wait longer even the coins are promising (the established coins) with real use case.

Therefore, meme coins (and other new trend) will continue to exist because of investors who are buying it. The dev will continue to create such project because since it's profitable on their side.

It's simply an unfair statement, where the speakers only talk about a small percentage of successful meme projects that bring in big profits, but they also talk about the risks of losing thousands of times, and the story for legal projects, the same situation also occurs. The matter of time as people perceive it, I think that no matter what, they have their own operating rules and those who understand it always have an advantage over us.

well, we know that projects that really develop their products, and want to survive for a long time must have all the information investors need to invest in the projects they create. That's why quite a lot of things are needed, such as white papers and other calculations. I think that it is not easy to create a project to attract investors, especially now. However, on the other hand, there are many people who dare to take the risk of choosing meme coins to short. This may make them profit, however, meme coins are not created for a very long period of time, and are also very vulnerable to being a scam. maybe the risk is 2 or 3 times greater than investing in legit altcoins. That's why they choose to utilize meme coins in the short term. Because people tend to take advantage of this, there are more new meme coins appearing nowadays than new legit altcoins.

It is probably right to invest at the right time, then you don't have to wait for a long period of time. For example, if you invested in LTC a few years ago, you would have to wait a long time to at least get your investment back. But if you invested in 2020, you would have made a good profit within a year. I guess it's easier with good projects than meme. The meme is just a casino.

To the above we can add the rather low cost of meme coins/tokens in relation to “classic” altcoins. A very clear example of dishonest behavior by a meme coin developer is the example of PEPE. There is an opinion that the PEPE developer artificially influences the coin rate by buying or selling large volumes of tokens through dummies. Just yesterday, one of the users purchased PEPE in the amount of 390 ETH and several other users bought over a trillion PEPE.

It's because there are no sane people who will buy such coins because they really have no value to the world, in have no contribution to anything just a mere meme coin. that's why they are the one who needs to move and make a quick plan in order to fool their investors. the only people you see buying such coins are risk takers who know when to quickly sell back their coins when something goes wrong, that's why when you are a newbie, you better buy such high-risk coins in order to save your capital.

Most memexoins are just ponzi that will die one day. Although, not all. I do buy some to make profit and take them. And at times, I buy on exchange I use which is Bitget because they hardly list rug pull coins. So with that, I feel safe a bit.

The market was doing pretty well even before these meme coins and it will do perfectly fine even without them. So, I don't really think that the market is in any way in need of them. Because, when something is NOT adding any value to its own market then why that market needs them?

Nothing is coincidental, someone created a meme coin out of fun back in the day, and since it got significant success and became very popular, others thought why not try creating one and see what happens? And that's how the market started getting flooded with meme coins.

And how do you suggest one understands a meme coin? They don't offer anything, they don't offer a whitepaper since they are created out of thin air and don't provide any use cases to the community. What do you refer to when you say, "if you understand them"?

It all started with the support of an influencer who was able to boost the popularity of Memecoin itself (Doge).  Many people take advantage of situations like this to create new projects in the hope that related projects can get the same support, and many investors have high hopes that if they invest in them they can get multiple profits, because Memecoin has become a major trend at that time

i mean even without the influence of that influencers scammers will always find way to make shitcoin for the sake of draining other people wallet.
even it there's no trend about meme coin they'd make shit coin in other forms.
what matters most is the consciousness of those that trying to invest in these shitcoin hoping to flip their hundred dollars into millions because they are the ones that always becomes the target here.
moreover, the fact that there are people who knowing well how shit these shitcoins are and still speculating in it, just simply the reason why such pump and dump shitcoin exists in the first place.

Memecoin launching is increasing so much this year because developers and team don't usually need more time, money and effort in creating such coin. Seems like a plug and play thing and they just need a huge communtiy to shill. Memecoins are cheap so maybe all type of investors can hodl from a fraction of a coin to millions or even billions on their wallets. I can also see huge volume of trades on exchanges with memecoins.

Agree most of them were just created to make the developer of the coin rich. That is the main purpose of it, besides making fun of another coin hahaha. Early adopters should win especially when the big centralized exchange  start to listing them. Like happen in SHiba or PEpecoin

true. Even bedsides most of People want to make profit, sooner or later. People invest bnb, eth, btc only for profit, which is slow process as those altcoins won't pump dump randomly but meme coins does! Thats why people invest in memecoins and so memecoins are kind of trding coin now but I don't know why people take so much risk by selecting memecoin cause most of those were/are dumped and dead most of the time

meme coin in general zero sum game where the early bird get the most of it, if given choice to invest in these two its no brainer to choose altcoin instead.
after all at least if it go down it will not go down easily to zero meanwhile meme coin once those that invest early are done dumping their coin i doubt it will
have any value left.
at worst the coin just got rugpulled or just simply losing it liquidity which means your money gone therefore always avoid meme coin if you can, the risk of losing money not worth the investment.

Launching memecoins can give a developer less responsibility.  Since it is labeled as memecoins, developers if wanted can just not work on the real case of the coins since it is created as meme.  It can proceed with not promising anything but a pure speculative market.  These token are created not to be used for something but just for fun.  So this is way more worry-free for a developer.  This is the reason why many developers are lauching more memecoin this year.

It's like a gambling coin  8)

100000% agree like the other coin if you become early adoption of memecoin you will feel the craziness of memecoin that could pump the price of a thousand percent in a matter of day and sometimes the dev gives you staking services with annual of 100%+ APY to tempt new user to join the ecosystem.

Correct! if big exchange bite that meme project developer will continue to earn money, it's going to first come first basis for risky
investors to earn out from a kind of meme asset.

Those who enter last will suffer with huge losses since the value will surely fall hard after they bought their shares, a classic outcome that most
the time investor already knew it but they are willing to take that risk in hope that they'll going to earn if luck permits.

While conservative trader/investor will stay focus with good and quality asset, both long and short goals they will anticipate the small win
that the project can bring them.

       I believe that the meme coin season has not yet arrived; however, it may do so during the upcoming bull run, at which point many individuals may find themselves suddenly rich thanks to these currencies, which are universally known as shit coins.

       Similar to what happened with Pepe Coin, many people argued that the money of investors who purchased it would be a waste.
However, when the projects were just getting off the ground, those who purchased it made significant profits. In addition, many other listed altcoins outperformed Pepe Coin and were added to the top exchanges right away, like Binance, while the majority of other altcoins are still not listed on Binance.

Yep, Pepe dipping all day, no damn good news at all. No sign of mooning.
I'm glad. I dumped it long ago, and I moved on to better things.
But they are trying to pump back up so the dev can Dump the rest of their tokens. People like this make me sick.
Nothing good comes out of whatever money we got from this.
The dead project, shitcoin, pump, and dump. cashed out the pepe now.

correct! There is not an issue if anyone aim/dream to earn huge money but the process of investing memecoins they choice, is wrong path to archive their goal. It is wrong to jump on memecoin investment when almost all memecoin turn into dust with short time. Hype is temporary but scam is kind of mandatory thing for memecoins and investor loss money most of the time cause a memecoin never get successful. Some may available in crypto industry but those are rare example.

meme coin is not a place to fully invest, I think we only rely on luck in investing, therefore it is very necessary to be careful, don't just look at the increase many times over and we are tempted, after a high increase of course there is a worrying story afterwards. Therefore, self-control to think healthily is very necessary, namely by paying attention to good money management

The meme coins will increase post BTC halving. I am with some like $X $KEYS and $WSM via Bitget Swap

It's just that many people continue to be addicted to meme coins. Even when they know the risks of owning meme coins, they still do it. In fact, quite a few of them are holding onto meme coin in the long term, and hope that it will have the same development as doge coin. Well, it's like gambling, because even the coins don't have clear information, they still try to exploit it.

I agree, there are really a lot of memcoins out there right now and they attract a lot of money quickly while having no stability because of which people can lose money instantly. I would prefer stable projects that have proven themselves, like TFS token or the first 50 tokens on the market

Once certain thing went viral, every projects will try to copy-cat and make the same thing like the viral projects one so people would definitely to try their luck to invest on new projects. Although in this case especially memecoins, most of memecoins project out there are just pure garbage and not worth to look at.

No it will not be full of memecoins, there are recently quite good projects out there but compared to the bad one is just ridiculously incomparable.

do you know any memecoin that got successful in this year 2023, except pepe? If you ask me, i don't know although i saw large number of memecoin already launched in this year. Which means your investment will be lost with memecoins or somehow you just need to be super lucky to invest on a successful memecoin. People actually want huge profit within little tomey period and so they choice memecoin as a way but at the end, they loss more than gain.

there are good projects too but meme projects are too much among those. Such thing is happening cause scammers finally understand that, people prefer meme projects more than others cause people can earn more money through meme project even early adoption of memecoin could make their capital raise up multiple time within short time period. So people don't care much about copycat or fake generated contain based memecoin but show their inter for holding

I think why many memecoin projects have been launched because many people want to get rich quickly. I think one of the reasons many people buy memecoin and the memecoin project has been launched is because many people want to get rich quickly and this is like gambling. It's better for you to gamble rather than invest in memecoin. Advice from I should never invest but you don't know what you are investing in. Be a smart investor, no one gets rich quickly, everything requires a process

The interesting thing is, memecoins have developed their own target audience, they aim to the guy who wants to "play the investor game" by buying maybe 5 or 10 bucks worth of the last memecoin and hopes to make massive profits in the pumps

That being said the line between memecoins and legit altcoins is a very thin one, a project may begin as a joke without a white paper or innovative characteristics, but by getting a big community behind it can find itself with more real use cases and better tech support than a project with proper development that simply fails to catch public attention and becomes nothing more than a low volume item in a few exchanges, in this sense Dogecoin, the archetypical memecoin, is among the most legit altcoins out there

I noticed that Memecoin, which is often driven by hype and social media trends. Nowadays the number of people in the online world has increased so much that the popularity of certain memecoins has increased based on online trends and social media influence. Due to the increase in social media population nowadays, some crooks are luring people. People mainly find cheap, since meme coins are cheap people are attracted there. Scammers often take advantage of this by promoting Meme Coin with false promises and hype, causing many people to lose their money. Overall, although MemeCoin may generate buzz and short-term speculation, it will basically sink everyone.

Everything to be achievable takes time, it's not easy on my end but I keep pushing to accumulates significant profits. Outsmart some projects because they're merely present to deceived investors and tricking them to invest in dump projects that will bring losses and regrets. Personally I create awareness of a project roadmap to my fellow colleagues that are in the space with me and provide solid information that will aides in building constructed background of knowledge in the system. Consistency is the key of milking the system, nothing good comes easy.

Most of them just want to earn quick money through meme coins but most of them you need to gamble to see which meme coin is better for your buck, but let's be real here the chance of you getting something on meme coins on first launch is really rare nowadays and most of the new meme coins out there are just the same for scamming people and run away with their money, so stay away from that.

That's how they gather communities on memecoins, most of them know the memes and it's so easy to make them interested.

Though there are some who can earn from investing with meme project, but the majorities will fail, those who come in late will suffer from
huge losses since big bag holders already cashing out their profits.

You needed to work well with your DYOR if you are planning to throw some money with this kind of investment, but if you are not willing to take the big risk, it's better to invest with good asset mostly on the top rank projects.

Already high in value and volume but with growing community and continuous progress, the chance to see rising in value still possible.

Yes, it is better to invest in time-tested projects. But the main thing is that they should not be old coins that have already lived several cycles. Such projects will not give much profit. Although probably such an investment will be less risky.

They know that there are many newbie In the crypto space who don't have time to check such things, rather go for it without minding the risk invole, hoping for aasive pump, or parhaps they are ignorant and they will always fall for it.

Don't buy it and leave it, it only eats up your money, it's a trash project, even on Coingecko, of the 20k registered assets, only 5000 projects are still active, the rest are scams.

Memecoins have become a dominant trend in the crypto space in 2023, surpassing many projects that have whitepapers, roadmaps, and teams. According to CoinMarketCap, there are currently more than 340 memecoins in circulation, with a total trading volume of over $2 billion.
However, memecoins are also highly speculative, risky, and volatile. They have no intrinsic value or utility, and their prices are largely driven by hype and sentiment. They are also susceptible to market manipulation, scams, and regulation. Therefore, investors should be cautious and not treat memecoins as a substitute for more established and reliable cryptocurrencies.

Memecoin wants to rule this year because there are lots of memecoins coming in but you should avoid these and invest in altcoins. If you invest in memecoin then the money should be kept in soup for a certain period of time because the market of memecoin is less strong. But if you invest in top altcoins you can sell anytime and get profit so always choose the best investment and time to keep your investment in profits.