Bitcoin Forum

Hey Everyone,

I recently Found $MEMEFARMS, an upcoming project inspired by Memecoin(Recently listing on Binance )and felt an urge to express my thoughts with you.


WHAT MEMEFARMS OFFERS:

Memefarms is a project that's about to launch, offering useful features such as staking and farming. It boldly asserts itself as superior to other meme coins and aims to deliver outstanding profits to its users within a short span of time.

$MEMEFARMS distinguishes itself from others:

The project is unique in its approach, Going  for a fair launch on pinksale without any private sale, ensuring that everyone has an equal chance to participate. Additionally, the There is no team tokens and the smart contract is renounced which signifies a complete reliance on the community to drive the project forward.

WHY $MEMEFARMS ON EARLY STAGES:

One of the most promising aspects is that it is launching with a low Market Cap, indicating ample room for significant growth. Historically, projects with a low Market Cap have shown the potential for remarkable expansion.

Considering these factors, Memefarms appears to offer a promising investment prospect.

 What are your thoughts on this? Do you think it's a good opportunity?

You are more like advertising for them. I haven't heard of this coin before today. So, I am unsure if this has something new other than some centralization. What I don't like is developers hold a big portion of the coins. Since I did not checked the coins and the tokenomics, I am unable to say anything in details. But it is not nice to post like you are advertising for them.

I think it's enough for us to talk more specifically about meme coin brands, basically these types of coins are the same. After all, you have missed the meme hype train, it has already passed with many of the last holders not getting a fair return. For every 1 person, thousands of others get nothing.

There is nothing that can conclude that such a coin has futuristic value, it is just a momentary pump dump scheme.

Meme coins = Risk

You are definitely risking a lot of your money in those types of coins if you continue to invest in them. It seems like you are somewhat related to the project. Are you affiliated with them OP?

I can't see the news about $MEMEFARMS being listed in Binance. All I can see is MEMELAND etc.

Staking and farming are the most common used feature on the meme coin industry. I will guess that this token will have token burn feature too while the devs purposely create a massive token supply just to burn without any sense at all.

If you knew exactly how many meme coin being generated in daily basis, I’m sure that you will realized how hard for a certain meme coin to pump since they are all sharing on a a small marketcap that typically dump and pump the market in short period of time. Memecoin is a waste of time and money.

No one has the assurance not only in meme coins but to all cryptos boyh existing and new ones. It’ll be dependent with the demand to be generated by investors. Indeed there’s still a hupe for meme tokens due to previous releases but not all tokens are having the same fate as with those which are popular in this industry. Every investment has its own risk however, with meme tokens which are most of the time having no utility, then it’ll solely be determined by the impression it will create in this industry before its public sale and exchanger listing. Honestly I’m not familiar with mentioned token and also, i had no recod of holding such concept of crypto.

I think many people, if only looking at the name and brand, will have a big misunderstanding about the memeland.

I learned about this project around the end of 2022 when it was still in the early stages but at that time it really did not receive much traction possibly due to many different objective issues. But actually, I know who is behind it, the 9GAG platform is what attracts my attention more, of course if anyone does not know about 9GAG, they can ignore it. But actually, they had a platform system that was not related to blockchain a long time ago, maybe the increasing awareness and acceptance of crypto caused them to get more involved in this field.

Yes, I also agree that if it's just exaggerated like some doge, shiba, pepe memes,... it's not too attractive until fomo. But actually, the project is building and doing a lot of different things related to p2e, socialfi,... although those are all exaggerated terms, perhaps the most impressive thing is the team behind the project with much experience.
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Actually, I was wrong to think the OP was referring to the MEMECOIN project, but after looking again, it's something else entirely.

What the hell is $memefarms ? Well this is definitely a copy of the idea as well as following the hype by another quality project I mentioned earlier.

I don't have advice on whether or not to continue with what the OP is talking about, but I'm glad to know about another project that I wouldn't otherwise be exposed to. When this is just another and meaningless meme popping up in this space.

I didn't read the whole post as it was about Meme coins again, and as usual, the chances of it to become a scam coin is at it's highest.

I guess investors must not invest into meme coins anymore especially to those new ones. I mean we've seen numerous meme projects that turned out to be a scam coin, and we will see more in the future if we continue to invest on it. I mean there's a chance that the person/people who invest into it might make their initial investment x100 or even higher by investing into them, but what are the chances of it to happen? Your chances of losing might be higher than that of getting profit.

As for the project itself, I didn't take much time reading the thread because for me, meme coins = scam coins.

In my point of view meme coins are just a trap of the whales. Whales accumulate a huge amount of the meme coin and this create a good hype in that meme coin. They just accumulate more and more amount and just make a mind of the people to invest in this shit coin because they think that this coin has a good hype and can go more up.
And when people start investing then whales starts selling. Whales sells people buy. When whales achieve a their target they make a big red candle. Which shows that people are fully trapped and whales get their profit and exit the market.

Meme coins will always be a risk but if you pick the right one, it can skyrocket (risk vs reward). It is almost impossible to predict which memecoin will become popular or get hyped (than the biggest rise is already over) and there are way too many to invest in all of them. Not heard of this new memecoin before ans no interest at all in it.

Do I think $MEMEFARMS will moon in 2023? No I don’t think $MEMEFARMS will moon any time soon & even if it does will you be able to sell in time for the inevitable happens & the dev team & large bag holders dump? I think it’s far too risky to consider investing in, meme coins are all the same. Forgive my ignorance but I will pass on this.

No, I don't think so. I don't have faith in memecoins at all. I'm sure that only 1% can skyrocket, but most likely they'll go down after that.

I believe that not a single meme coin will ever sky rocket, because cryptocurrency market has changed so much, that there are no more easy and quick money. People dont invest in meme coins in search of getting rich quick scheme. Instead they prefer more stable income. Meme coin trend has been changed with NFT and metaverse trends long time ago. Now its retrodrops time. No one even pays attention to meme coin anymore.

However, it depends on what is to skyrocket. If meme coin trading volume is $1, and all of a sudden someone spends $100, then such x100 is a skyrocket.

Actually in the last bull run memecoins top the chart on ROI. After next year halving event everyone is expecting another bull run. Many are speculating that it will be again memecoins that will see an upward trend. It is why a lot of cryptocurrency enthusiastic individuals are still investing heavily in memecoin. You need to check Coingecko trending coin analysis, you would be suprised to see a few memecoins on the  trending list.

Don't overthink these projects that have no use case like meme coins as it only ruins your day and makes you lose. I'd say they still have the opportunity but it doesn't mean that we should be thinking that we have a profit assurance from these coins. You must know the risk of investing in meme coins and must know that most of them are scams. They are very popular and famous when it comes to hyping sentiment but when it comes to market sustainability, you can't rely and see them get it.

i am not advertising for them just sharing my thought mate well yes tokenomics are not shared yet but the team claims no tokens for the team and also all tokens will be in LP at the time of the fairlaunch so my eyes are on them lets see what they got

When I see that someone has created a coin with a similar name, I understand that before me there are scammers whose sole purpose is to confuse the investor in order to sell him an unwanted token. And now the scammers, knowing about the hype around MEMELAND, are trying to pay attention to their shit, which has nothing to do with $MEME.

  Are you part of this project? because based on this link https://bitcointalk.org/index.php?topic=5472325.new#new, you also made a topic about it. In which you are obviously promoting this project. Then you ask us what we can say here. Aren't you the one who should explain that to our communities on this platform?

  We don't know anything about this; why don't you give complete details about this meme farm? Maybe if you explain properly, you can change it or attract investors here, but it's still unclear for now, to be honest. You know that most people here think that the risk is high in meme coins, which is really true, and extra caution is needed for our investors.

Are you one of the teams to promote the meme coin? Or are they just investors so that the meme coin becomes more well known and becomes hype like other meme coins? In fact, not only this coin has appeared, but there are lots of other meme coins that we can find for those who are new or existing on the market. and in the end we already know the ending, don't we, however only a very few meme coins can really survive while the others, well, will just die when the hype or promotion ends. because there are not many developers who can maintain the meme coin to continue to grow and survive on the exchange. So in my opinion you need to be very careful when choosing a Meme coin because it is true that Meme coins have a very high risk compared to other coins. So if you are new to the world of crypto, it would be better if you avoid the Meme coin because the risk of losing money is higher.

All the hype around meme coins will fade over time and you will realize that it is something that seems to be used only for quick profits. The crypto industry is preoccupied with things like getting rich overnight - that won't be the case forever even though some of us feel like it is.

For obvious reasons - I think by investing in memes you are simply betting on something with low prospects.

really ? you are not advertising for them ? just sharing your thoughts about this memecoin ? but that does not sound from the last post you created or i mean the lat thread instead here



if this is not advertising then what is this? you only have 6 post from that account and 3 of them are for this project .

not sure if I am going to believe to what you are denying or accepting but whatever your plans is? I will
not deal in this project , I'm tired of pump and dump coin.

We are responsible and will capable of facing anything we see in the market. The crypto sector develops an abundance of beneficial projects every day; it's our responsibility to be in a good position to choose the projects that will be beneficial to us, however it won't be an elementary exertion. The cryptocurrency industry is quite volatile; not all projects trigger bullish candles; rather, they are hesitant in moves and continue to show bearish candles, which is definitely not a good sign for stock earnings. Memecoins are overhyped, and there are methods to profit from them without uncertainty.

You sure about that? I havent noticed that crypto trends ever come back. I think the chance of MEMEFARMS to get noticed among all the other new and old memecoins is so little, that it is no use even making predictions. Just look on the memecoin name. Only because of that "meme", it will be hard to get noticed among all that "meme" junk. I think many will skip that coin just because of that, because of negative fame of lots of scam meme coins.

Here memecoins didn't get much attention since people here already know that investing on that tokens is just a waste of time for them since it will just end up as scam. But for other platforms like on Facebook at X which is also known as twitter the meme coin hype spread like a wild fire since there are many investors catching up the risk for the hopes that they can earn a lot of money. Majority of them got hype brought up by recent PEPE big pumps that's the reason why this newbies always think about that which other memecoin that can possibly move like this since they want to earn easy money from investing on memecoins. But they didn't realize how big the risk knowing that to many scams on memecoins ecosystem since majority of them will never last for one month since they are just a scam.

Why dont people continue then to invest in PEPE instead of MEMEFARMS ? That seems more reasonable and save, then buying completely noname memecoins. Imo this altcoin (MEMEFARMS) is doomed to fail simply because of its name. What we see is another interpretation of word meme. That isnt new or unique. Imo that part "meme" is already associated with scam too much. We have already passed that period when everyone used dogs or animals in the name and logos of their altcoins, and repeating the same wont have a result at all.

Well, just to note OP that not all memecoin become famous and gain popularity and hype, most of them face ignored and unknown.
Therefore, it was difficult to think that this $memefarms would do the same as Pepe, Shiba Inu, and the known Dogecoin - I'd smell different from them. I was not sure but for me, I don't see how valuable is this project and like other meme coins on the market already, they are not worth investing in, especially if our goal is to keep them long.

Another meme coin = another sacrifice and losses

I'm patiently waiting for the listing of $MEME tomorrow on binance. Although I'm not currently farming but I will be on the lookout for opportunities to buy if it presents itself because it looks like one of the very few memecoins that can come close to the performance of iconic meme tokens like shiba, doge, pepe and others.

Initially listing on binance should provide enough liquidity to take it off the ground.

pepe and such has already reached the peak as many have said, people want to find new meme coin because it requires small capital if we can be the early birds to earn millions out of the profit.
but honestly i don't think this memefarm coin gonna be reaching any meaningful market capitalization.
at best it will be gaining some increase in value but thats it, I don't believe the market which isn't even at the bullish trend, could pump meme coin that coming out of nowhere and make the market capitalization hundred millions again.
I don't think its realistic to hope for massive increase with this coin.

Every new project, especially meme coins, will definitely say the same thing:
This is a promising project to invest in.
And in the end, this is no different from various other meme coin projects. Either it's just because of the hype, or it's just a shit coin that can't even be hyped.

because, we already understand how this kind of project works, the maximum is that it is only temporary hype, skyrocketing, and then it will drop drastically, so that in the end the coin will not be able to rise again. because indeed, they are all often the same, similar to each other, only the first name is different. Meanwhile, the concept, methods of promotion, exchange, and so on, are all similar to that. In the end, when we cannot take profits at the right time, our money will be lost.

Maybe quote from their medium block will answer your question:


If that doesn't answer it and your question was serious, here's my short answer: No one knows.

No one knows because anything can happen, but that doesn't mean it has a 50/50 change to be a good investment. In fact all the evidence points to nonsensical project that shouldn't have value in the first place. They even openly admit it. Most likely because of legal reasons in case this moons.

That being said. There are stupid tokens mooning all the time. Just vast majority of them don't do that, and you don't hear from them so you don't see the big picture, and we tend to hear endlessly about the ones what moon. That's why you think there's a real change for this to moon. While that change is size of grain of sand in crypto sahara.

Its nice that you have mentioned PEPE, as this one is a unique meme coin. First of all because it is a project that has a promotion team behind. It has a story that is was created just by one person, but in reality a lot of people were behind that. PEPE is a great example that even finding gem and becoming an early bird wont make you a millionaire. People who were first to buy PEPE, were not able to sell when pump happened, because of special limitations written in contract. With PEPE - it was artificially hyped, people who were behind it became millionaires, and only them regular holders were able to start selling and also gain good profit.

Situation with MEMEFARMS is a bit different. Imagine cryptomarket as a regular market. You try to enter it with a drink called "refreshing Cola". I dont think that potential buyer will choose it, because there are CocaCola, Pepsi and other similar products. Even if MEMEFARMS awaits a huge success, such failure in branding/naming will make its path to success harder.

I think there far more unique meme coin's than this PEPE. DOGE for example because this was the first and this was the only meme coin who is supported by the great Elon Musk. You first described PEPE as a successful meme coin, then why say after that those who invest on it won't become a millionaire?

Maybe if they are late but those who are early on it and have continued to HODL their PEPE can be, because PEPE have first experienced a failure, luckily it became famous again suddenly. It's okay for the meme coins to have a weird name because they are mainly built for fun anyway but as long as MEMEFARMS will follow the footsteps of other successful meme coins, they can also have a chance to be successful.

You are basically trying to create hype using statements like "Recently listing on Binance" while you lack basic knowledge about centralized exchanges, especially Binance because it doesn't list meme coins just after they are launched unless they gain substantial hype in the community.

All lies as no meme coin is different from the other, they are all the same, they are created to earn money for developers and maybe for their early adopters if they manage to gain some hype.

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All lies, nothing more than a bunch of crap and fake promises just like every meme coin or shitcoin project does when they are launching, and they barely even make it to the big exchanges before they cease to exist.

I believe just like all other meme coins, it's useless crap and no one should invest in it.

Not at all, here is the explanation, in my responses to your statement:


You said that the $MEMEFARMS token is useful and superior to other meme coins, is staking and farming a new breakthrough on the crypto side? the answer is "No", so you're just bragging about the advantages and differences of this token from other mainstream meme coins.


Low market capitalization falls into the category of promising projects? not all of them, especially if the launch is carried out on PinkSale, it will be a token that falls into the "dangerous" and "will be a scam in the end" category.

Yeah, what I do usually with all these meme coins when it get listed, is, I look for means to buy quickly so I can exist when the hype of the meme is still on. That's the same trick I used formemecoin that went live few days ago and I don't need to hold up for long to know what would happen next.

I only do those techniques for memes. While for alts, I wait for a retracement

Well, I don't see the meme momentum going to stay long, I guess it was over already. This is why I don't think this project will turn into hype but possibly be just ignored. Though I'm not totally against meme coins but I have no reason to support them either knowing that most of them are scams and worthless projects.

It was uncertain, the future of these new meme coins is almost dark and too risky to invest in. I hope that investors will not just look at the hyped projects but also, they consider the value of the project in terms of its use case.

I guess you are talking about $MEME coin recently listed on Binance, Kucoin and Bybit simultaneously. Airdrop hunters have eagerly participated in its Memefarms and completed due tasks, but received no reward so far. Currently it is being traded around $0.024 on Binance exchange and its price looks stable around this level.

It is worth noting that eventually it is a Meme coin without any use case, therefore holding it for long term makes no sense. However, If you receive it as reward, then selling it and enjoying the proceeds is a good advice.

https://www.memecoin.org/farming