Bitcoin Forum

Dogelon Mars is one of the top 10 meme in the crypto world. It was launched in 2021 and its development team described it as a fair universal currency. Actually being a meme coin means that there is no real utility behind it. A speculative value at the moment, but not necessarily bad. Many investors have built their million dollar fortunes in a short span of time. It can give high profit with high risk. With a market cap around of $77 million and over 440K followers on X, it has higher future potential than other meme peers even with its rising price and utility.

Correct me if I'm wrong.

https://i.postimg.cc/cC1ThFG6/awdawfawf.png

There's nothing special from this token. The community nor the volume. Im still expecting a big wave can come but this is pure gamble. Seeing how stable the chart makes me believe if a big pump for short term can happen anytime. Expect this token to increase as soon as possible.
I may consider this as a way to invest my money for mid term. Meme tokens are starting to regain itsmomentum back again. I will not have a big target. Being able to double my invest is more than enough to leave from the market.

This token is worthy enough to gamble. The chart shows it looks so good for DCA.

The chart doesn't look good for this meme coin and in the current market equation where meme narrative is hyped this coin is slumping down. The chart does explain that the community is least interested in the coin or they might have switched over to other meme coins that are presently showing good returns. As an investor it is better to follow the hype & the trend in meme coins. I doubt there is anything left in it for now and maybe when the bull run comes there might be some activities in it.

I think using a big name and a vision of Mars does not guarantee that the coin will rise to the moon quickly and is also seen as a potential coin like Doge at the moment. Has Elon ever tweeted about Dogelon Mars if anyone is lucky enough to have that coin.

I think it is the innovation of the coin that makes its name big and has a final use in the end and of course it must be sustainable only then can it be said to have potential.

That's my assumption.

In my opinion, this is just using Elonmask's big name because at that time Elonmask made a tweet about Dogecoin which had an effect on Dogecoin so that the price of Dogecoin skyrocketed. and the meme coin you mentioned is not as good as other meme coins such as PEPE currently.but you can invest in the coin if you think it is the top meme coin at the moment.

I agree that it's a gamble but why DCA? Goodluck with that. It's something that I would buy for a couple of hundreds and then forget. It's like one of those tokens that will pump for a few hours before it drops spectacularly and never to be heard again.

In what way anyone would consider it a top 10 on memecoins. It pumped a bit and never recovered. There are no large accumulation happening as DCA from big holders.
Even though the coin Dogelon Mars seem to be in top 500 by total market capitalization, It's lack of volume shows it's a dying coin. Last couple of days had been a good time for meme coins with coins like Myro, Maga, Dogwifhat, bome and pepe performed really well but in such active times for memecoins, the volume of Dogelon Mars traded in last 24 hours made it out of top 700 most traded coins.

I think there are still a lot of memecoins that are very worth investing in when compared to Dogelon Mars, because I think Dogelon doesn't have any promising potential at all, if you want to invest in memecoin, I suggest investing in Dogecoin and SHIBA inu, because according to i doge and shib have huge capitalization and popularity in the crypto market,

I am part of this coins signature campaign and I can tell you that they are still at developing stage and a lot of work are still pending, I am sure they definitely have some good plan for future because we are in this campaign for over 6 months now and one doesn't shell out money just like that without any motive. I think we need to wait for official news on its development.

While I think that there are genuine investors that have made millions with memecoins like this but it's not always the same story for the most.
Also, the chart that has been shown for this memecoin seems to show that everyone has already got their fairshare and got out of it already.
You can think of what you think about that but putting hope with this, good luck.

Dogecoin is a top project in the space backup by Elon Musk. We have watch outgrown structures of this special project. Elon Musk happens to be one of the influential men in the space and he have grown to be a power being in our universe. Anything he touches or retweet, automatically that particular project gains interest from top whales in the space and becomes profitable in the long run. We have these memecoins on the trends every season. They're always promising and portrayed enormous returns to investors.

Some research to know if they are different projects and finally found out that they different. The coin still have a long way to go. Look at the price $0.0₆2049. These are the projects that infesting in other projects making their networks very slow and congested. Well I don't have too much to talk about it until next bull market and not this one since the project is still on it tender stage.

And it is not all about social media followers but on it own how the developers are planning to make the project great in the ecosystem. That is what is in many people mind. What you have said can't be disputed.

Only investors who have a lot of money will make a profit from meme coins because they are brave enough to face the risks. They have a lot of money so it is very easy to make a profit in meme coins. The graphics created on meme coins are sometimes manipulated by whales to get people interested in buying meme coins.

You can invest in meme coins even with a small investment and you should have enough funds to cover the risk. A high risk mindset if you expect high returns. You can continue with a portion of your disposable income every month or week. Long term investment you can expect profit from meme with desired margin. No investor can make high profits in the crypto world without taking risks.

Everyone can make money from it. But the advantage of the investors that has a lot of money, they have the potential to risk big and win big.
Compared to the small investors, they have to hope for that 1000x gain for their little capital to make a lot.
But it's too exaggerated in the market but I know that many still make a lot from smaller capital but it's out of luck.

Some meme coins have profit potential but there are still risks on the part of the investors, there's a lot of meme coins in the past where investors lost a lot of money rug pulls have been associated with meme coins so if you're going to invest in this coin or another meme coin just make sure you are updated so you'll know the right time to dump your coins.

Checking on their stat on Coingecko they they are doing good and its gaining good support from the community
I think the meme coin will continue to thrive but there's still a lot of scams in this model.


https://talkimg.com/images/2024/05/23/L2Lgd.png (https://talkimg.com/image/L2Lgd)

Saying it's a top 10 memecoin means next to nothing.  Outside of maybe doge all of these are completely useless and are just around based on some sort of greed level.  But make no mistake they will all go to zero it's just how long they will take to get there and if people make some sort of profit in the meantime.  Don't hold forever have an exit price

It seems to me like this has not even gotten any good exposure since its creation and didn't get anywhere in the same spot as its counterparts. their competitors are just huge on the list and everyone seems making some progress for the past years if they are still in the crypto market. Their competitor on the other hand like SHIB is making good development and sale which is kinda hard for them to chase because they seem to have a hard time catching up.

If they don't have any new ideas that will have a major impact on the crypto market or any development in their platform, it won't gonna survive because the competition is tight and only a few altcoins have survived. because of their consistent changes on their roadmaps and updates whenever they see declines in their sales.

Altcoins that fail to live up to investors' expectations may fizzle out after a while, but those who are about to lose their hard-earned capital in the past don't really do anything. But keeping hope alive if it comes back is at least going back with capital without expecting a profit.

The problem with your assessment is that not all meme coins can do what DOGE coin does and not to mention that it's really difficult for everyone to identify which meme coin would explode in popularity because it's so volatile and so unpredictable that you might've sold the one that will change your life it's not really worth risking that it's better off that you invest in something that would make you more money in the long-term but then again, cryptocurrency investment will always involve being able to risk your money in the hopes that you'd find the right altcoin that will make you the most profit that you will see and get in your lifetime. I don't know about futures but wouldn't it be twice the risk whenever you're doing futures and then you do it with a meme coin? Wouldn't it be more difficult and more scary?

Memecoins have their reputations as pump and dump projects, so choosing one to invest in is quite risky, but if you're able to invest in a genuine one rather than scam, then you're in for profits on your investment. Cryptos are volatile and we wouldn't know if Dogelon mars, will can reach mars in this bull run, and as for the speculations whether Elon Musk, is involved in the project is a secondary matter, what matters is it's performance in the crypto market.

as almost every Memecoins tries to use names that can easy be to be familiarized to  go with the
hyping this project looks like a normal Memecoin that expect or relies in the opportunity of having more
 investors from the name and not promising any easy projection in a short period , but of course there
is a lot coming in the Bull market together with the effect of the halving season so  if you are willing
to gamble ina  chance of this going moon or Mars then invest on it since the price is very cheap and
we can put even with small capital.