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I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?

This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.

Let me give you an example of how you can find one, especially dog-themed memecoins. Check Twitter or DexScanner, and if you see a coin that's making green or the numbers are attracting you, you will want to research and find out about that token on X to see if it's connected to any links or even mentioned by Dogecoin team members. Coincidentally, today I saw a memecoin called JungleDoge in the top 60 on DexScanner as it was trending as well, and it was also mentioned by Jordan Jefferson on X, and he even follows the project's team X account. So you can already tell I have found at least one good memecoin.


Also note that, this strategy will not work all the time; crypto is unpredictable. It teaches us to be patient with anything we touch. So if you guys have any experience investing in memecoins, share it here.

Keeping patience is the worst thing anyone can do in the memecoin market. This market is not for long term. Only people are making money here are the ones who knows when to pull out there investments. So having patience will definitely backfire.

Also never research on a Memecoin at all. These coins do not have any utilities. These coins do not built anything amazing. These are gambling. So there is really nothing to research on the coin itself. You need to research on the timing to understand when to pull out your investment. That is the name of the game here!

I doubt there is a better way to knowing the right memecoins to invest except those who dare to try are taking a huge risk. 99% out of the hundreds of memecoins that flood the market on a daily basis are scam and often die that very day or few days after. I would say memecoins investment is the best example of "investment what you can afford to lose " because they can rug pull at any given time.  ;D

just find the the most popular memecoins on every platform. here are some that i found out which seem to be safer despite being memecoins. all of them has its own time when they spike in price.

ETH - SHIB/PEPE
SOL - BONK
TON - TONFISH
ADA - SNEK/HOSKY

also not a financial advice but just spend something you can afford to throw  ;D

I would say the current memecoin craze is pure luck as it has potential to provide more profit at a single trade than our entire month of hardwork in trading using the technical indicators and candles pattern. But we should make the mistake of invest and wait or holding when it comes to memecoin as we will be risking everything. I think we just need to go with the flow when it comes to memecoins.

You mean investing luckily right? I've also been investing in memecoins and the only thing I can say is I've only been getting lucky with my ins and outs. I barely did any thinking and research, just went ahead and took some memecoins that seem to be performing regularly well. Took advantage of some dips and bought, profited, and left. I don't think I've ever held a coin longer for more than 12 hrs really. I always check every 2 hrs and if it seems to be a profit, I leave then check again every now and then to look for a buy angle.

It's nothing long-term and I highly doubt it ever will so just short it if you can.

Scams will not be permanently ruled out but it can be temporarily reduced because there's absolutely greedy investors that would seek for everything valuable for their selves alone. We don't take decision in a hurry, we calmed down and thoroughly do our findings before taking or selecting alternatives to implement, it's simple and straightforward. Memecoins are everywhere in the market, we just have to make the right decision because staying up and running requires important setups for ends.

For me it is hard to HODL meme coins since most of them would just be used to gain profit, and when it is done or been used most of them would be forgotten.
But I agree that investing in meme coins could really give you a good profit, but it is hard to know which is which.

Actually there's nothing like patient in meme investment, you should always know that meme investment is for short term not for long term investment. however meme investment is not the same as bitcoin investment that requires enough patient to hodl for long term, i know most strategies fails something but this strategy of being patient to hold meme i totally disagree with you. you should know that meme investment is like gambling you can't predict what the outcome will be this is why i don't recommend people to go into meme investment.

      Nope, it can be said that if we are not in meme coin season, you can only say that because you probably have other holdings of meme coins and it is possible that you have profited from them, and I don't know if you have profited. Is that, or are they still holding, or maybe you just reduced because you have a price target?

     No one knows if it's altcoin season or not. Although someone said here that there is a pattern to know if it's altcoin season, I'm not sure what that pattern is. All I know is that the market is unpredictable most of the time.

lol your words true i have researched memecoin and buy one with utility and guess what another dog memecoin (again) from nowhere pumped up like crazy

X.com and dex screener is the right way to find an hidden gem, if luck work in our favour. After reading the topic it felt more like a shill than a solution to find a hidden meme coin gem. Finding a gem is hard but keeping patience to wait for the price to grow is even harder. I simply stick to a simple principal which is diversifying and investing in existing gems than going after new ones.

The thing about meme coin isn’t just about who is supporting it. It’s meme coin anyways and you can still lose your money even if Elon himself was the owner of the token. It’s almost hard to find that one meme coin so it’s best to do a little bit of this and that strategy; what I mean is, you buy some of this meme coin and buy some of that meme coin. So you’re invested in many places. And you should definitely apply some filtering rules to discard some based on certain factors.

I agree with this as well. Although I didn't mean that research. I noticed some meme coins that has been mentioned or followed by popular KOLs or main memecoin founders, there's a lot of ways to see which memecoins has potential. I am just telling my experiences that I encountered.


Also, I don't encourage anyone to hold memecoins for long-term nor advising anyone to invest, they are feel free to check it and by patience i mean to say overall crypto space..

Personally the strategy into finding out the best meme coin in the market that are relatively new is so obscure that most of the time its pure speculation with no analysis whatsoever, being followed by influential figure isn't necessarily means its gonna be great investment either, for all I know the jungle doge has been going down literally from 0.0002 to 0.0000007 in may 24th which is crazy.
https://www.talkimg.com/images/2024/06/05/cSLsP.png
though fairly speaking if we are talking about weekly price chart then yes it climbs up 300% but still that sudden dump isn't a good sign regardless.

so far from my experience its just all about how many shots you can give into trying out investment in some of the meme coins, with better capital it will means better chance that you will find one that could make up your entire loss and even surpass it sort of just betting on some of them and hopes one turns out well.
personally with the fact that big VCs are pouring it some money to the more well known meme coin anyway i'm probably will not get swayed into investing in newer meme coin unless its just some small pocket change and use it for fun i will have no problem.
but for an investment that fairly big, i will probably rethink my decision, if we are in the early stage of bullish however, its entire different situation.

When you go looking for a good meme gem even if you analyze it thousands of times, new meme coins always have the highest risk, when it comes to meme investment there is a feeling that I'm going to lose because an attempt to attract meme coins have remained from the beginning until now. The method you have suggested is one way to choose a meme coin, but there are many better ways. I don't know why I have a suspicion that you are a member of a group and come to promote JungleDoge. However, if you want to be this meme coin investor then you can take some more time and analyze it more because the decision is yours to make. You can feel a good meme coin only when you can make good profit from it.

I get that you want to spam the forum with some of the shitcoins that you work for or at least you want people to look into, but that is not going to get anyone interested in this at all. I just feel like the best thing we can do regarding any project we are part of, would be do proper marketing like announcement.

Go ahead, pay someone to make a big image of it, like some infographic for example, put it on announcement page for altcoins, and then do an airdrop, which a lot of people here will help, there are great campaign managers, and in return you are going to get interest.

If you decline to do that, and instead open up a newbie account, with zero merit, and talk about some token you want to spam, it will only push people away.

Some meme coins always do really well in a bull run. The difficulty is trying to pick the right ones because there are so many. It’s easy to pick the wrong ones & end up getting REKT but if you pick the right ones you can make life changing money. This is the game we play though, it’s live or die.

Totally depends by the chart. If you were tilling a good meme token but the price has spike a lot. I have no reason to buy it, the better to wait for the correction to happen. Look at the chart below.

https://i.postimg.cc/xTzygf5n/image.png

It seems like that this newly listed token has not yet pumped. I must verify that even further considering this is a new token. Im only worrying if it will be a rugpul token. Gambling a few hundreds bucks are worthy enough for sure.

I may be trying to do that since the pump has not yet occured. This token is still a few days old. It's possible to do 10x from the current price as long as it can have very big hype at this moment.

It may take a long time to see this token gets pumped. We may be seeing it in a week or two weeks. The chance to be pumped is still there.

I think that they're like the actual lottery that with a bunch of them, you'll never know which of them is going to be lucky and successful. That's why there's no analysis with it when you are just choosing any of them and trying to buy and hold until you see them move and get listed into popular exchanges. All you have to do is to just hold your hands tight and pray and wait until their market cap increases. Kidding aside, but that's what almost is happening to many of them.

BENDOG, wif, peng all retraced to gather liquidity. It's known story that you don't go all in on memecoins ahaha. You go with little cash, probably look for airdrop opportunities on the memecoin if there's any. Saw binance wrote an article on JUNGLE, its also on Bitget's PoolX. these two events might create an exposure for the token. But as a memecoin. there are risks attached so I'll advise everyone to be careful. But it's sure getting interesting for memes..

That’s true, it’s risky but it can be rewarding too so you have to decide how much you afford to take the risk because meme tokens are not for everybody, especially for those who play a more conservative strategy. Investing with meme tokens can be rewarding but choosing the right one is not easy as many are being hyped to be good but a few months after they turned into a scam project, so again don’t listen to hype easily and make sure to have your own research all the time.

Exactly knowing the good ones to invest is the issue. Because all would claim they are the best and none will say they are not good to invest. So the best way which I can suggest is to invest in the well known altcoins and not the new ones so that you know you will not invest in lost but to gain and when you invest in the ones that is not popular and the coin crashed then you lost everything. Funds and other energy used in the investment are all waste. And if I will advise you avoid to invest in a coin that is not popular in the market and has no website and only app or only website and no app. It is looks scammy.

     If you have an idea and you know how to go with the wave, why would you let it go without going with it if you know for yourself that you will benefit? Yes, I also believe that meme coins are only good in the short term, but it's not good that we generalize that meme coins are dangerous, because even altcoins and bitcoin are dangerous when you invest without knowing what you're getting into.

     It's also true that the majority of meme coins are high-risk; others say that I also believe that if you're just going to throw them away or waste money in the crypto space, meme coins are one of the things you can throw away when you have time. If you bet the lot, you are lucky enough to win the jackpot.

I think you're sharing a smart tactic, but I don't think memecoins are smart investments. I think they are like gambling. Playing a gambling game can often give better results... :)

We all want to make a lot of money and get rich, but if we don't make the right moves, this market can swallow us like a black hole. I'm not too keen on the idea of investing in memecoins, so I'm not going to consider your suggestion, even if I agree that you are using a smart tactic... :)

Memecoins are always talked about in this forum and I feel like I am continuously reading the same thing.

Every day there’s like a new post about memecoin and it’s always the same questions. Do you think memecoins are profitable? Are they really useless? How to determine a good one? And etc. These posts have been answered by many people and still they continue to post the same thing over and over again.

At least here you are suggesting a platform and actually contributing something new or not generic. By now people should know better than follow about anyone without doing their own research but thank you for your suggestion.

If we see a bright pearl in a landfill, we probably only care about that bright pearl and don't care about the things around :)

With memecoin, you should not be too quick to believe that great opportunities will come from it. I also bought a lot of memecoins and witnessed many people participating in buying memecoins and they all accepted losses and some groups like to dream of quick wealth when they see a few get it. I think we should be alert to risks/opportunities to make responsible decisions.

I don't invest enough in memecoin, I always make a profit, price movements are so fast, you need a strong mentality and patience if you want to invest in coinmeme, indeed many people make profits from meme coins and many also lose because they entered wrongly when the price was high. The risk of investing in meme coins is greater than in altcoins. For the best way, I don't think it's just luck that is on the side.

Depends on how good you are at checking the meme coin you're investing, so many meme coins are shilled, have fake pumps and lifespan is short-term, meme coins are the new HYIP you have to be good when you're investing and when you're dumping it, so many developers are into meme coin even the developers of the ordinals has their meme coin on Bitcoin blockchain.

Memes are on their highest trend so expect a lot of new meme coins coming in you can make a profit here just check the fundamentals, some memes are poorly created and just meant to be scam investors.

A person can earn a lot of profit by investing in memcoins. If you purchased a meme coin right before the bull run, the profit margin will be huge, but the associated risk is even greater because meme coins are worth nothing except for a few. Memecoins investment is only good for the short term, take profit and exit the market. If you are going for long-term (2-3 years) investment, go for renowned meme coins like DOGE, SHIBA etc. People lost their savings in meme coins, so do your research before investing. 

Research on meme coin and being patient with your bag of meme coin is a waste of time and resources. Those that will be able to make profit from meme coins are lucky enough to pull out their profit at the right time, and if they try it again they might run at loss. This is why I agree with you that buying meme coin is gambling. It is good when you buy it and you see a little profit, you sell all immediately because delay is dangerous.

The project was created to rug pull investors after the pump. This is why it is not good to think of buying them so that you don't wake up one morning and all your bag is in zero value. If you must buy them, let it be only 5% of your total bitcoin portfolio. So that you can gamble with them meme coins.

That's a nice catch there! Dog theme projects associated with Doge itself most of the time turns out to be trending project and profitable for memecoin investors. Looking at it, it's clear $JUNGLE coin is fronted by the $DOGE coin team and may have been endorsed by Elon Musk. Aside from CEX like Bitget announcing on X that users can trade Jungle on their platform or stake USDT to mine it on PoolX, I noticed Jordan Jefferson (X: @MyDogeCEO) the Founder and Lead Engineer of the top Dogecoin Wallet mentioned this project in a tweet. I found it on Raydium as well.

I agree with you. Hitting the jackpot on meme coins is like playing the lottery. There will be hundreds or even thousands of meme coin projects that you can find. You can't look for it in the top 100 or top 200 if you want to win the jackpot. Meme coins like SHIB, DOGE, or PEPE make your money safer but will not provide huge profits. If you try in new projects like on the Solana network and if you are lucky you will get meme coins with returns of up to thousands of percent among new projects.

Choosing a better meme coin is a most difficult task and sometimes people choose randomly but the selected coins get pumped and holders of meme coins get succeeded in attaining profit. All the time this thing does not happen because meme coins are a highly hazardous investment and those who want to take profit from meme coins should also remember that they can also face loss for which they should be mentally prepared.

Nowadays people are successful due to investment in meme coins therefore meme coins are trending but nobody knows how long this success will exist. If someone has money and wants to take profit from crypto space then there is no issue to invest minimum percentage in meme coins as this is an opportunity and Maybe this chance shines your future.

It's time for us to look for profits in meme coins which are shining this year. By investing wisely in meme coins we will get quite large profits compared to using other methods of investment. We bet on meme coins which means we are risking everything so we have to be wise in the research we do. with patience that needs to be controlled as best as possible.

Memecoins have no intrinsic value and rarely provide any real value or utility. Most of the time these shitcoins are dedicated to internet memes they are new tricks to scam and they never give good returns. Meme coins have a high chance of losing money so be careful before buying these coins. Instead of losing money on meme coins, investing in top altcoins is the right decision.

Well, it's better to use existing gems to avoid anything that happens that you don't want, but because of greed, which wants to make big profits, we are driven to look for something or a new gem that can provide multiple profits, even though it has a high risk because risking our money on something that is uncertain is like gambling

That's what it is! If you go to a website called fiverr which is a very famous freelancing website and search for memecoin, you will literally find offers to build you a complete memecoin starting from $50. So how would a memecoin have a future! It's a pump and dump game. The memecoin creators are here to make money and that's it! They are not made for long term at all. An average life of a memecoin is around 2 weeks.

You're absolutely right those memecoin creators there intentions is just to make money they don't care if investors profit from their coin or not, the most important thing is that they have gotten what they want. Actually this was the main reason why i don't always look at memecoin,  because nowadays there are a lot of memecoin in the market and is very hard to differentiate those pump and dump ones, this is why i always avoid investing in memecoin so that i won't end up choosing the wrong one.

You can get big returns in memecoins but most likely you will loose everything, casino in the nutshell

Yes, I have invested in meme coins, but unfortunately I don't invest in new meme coins or meme coins that haven't been listed yet. but I see your strategy is very good because determining which meme coins are worth investing in is not easy. If you want to invest in meme coins, the most important thing to pay attention to is hype because hype is the only reason why meme coins have a price. To see how high the hype of a project is you can see how big the community is (check Telegram and Twitter), and you can also check crypto groups such as airdrop groups (if the hype is high there will definitely be lots of people discussing this project).

At the moment, many people are making a profit from meme coins, but they have seen the hype about every meme coin they want to invest in, and they have a telegram group that always discusses meme coins that are suitable for them to invest in, and on average they can always make a profit when they buy coins. It's already listed on a market, so with so many coins now, it's not easy to get meme coins that can give us big profits.

And that is why he is sharing a tactic there, to out smart them. :D

Indeed they are. Not only them actually but any type of investment asset has a risk the same as gambling. It was like their odds are only boosted and that makes our chances to hit them to be slim. They can be fun too for some, just like gambling but for me, indeed that I can enjoy more in playing a gambling inside the casino because of the cool graphics of the game and their catchy soundtrack 8).

Money is important because we are using it to buy our basic necessities but there are people who are already happy and contented with a minimalistic lifestyle. No one is forced here anyway, so just go on what makes you happy.

the meme coin that gained massive valuation just shortly after went to the dex such as raydium prominently coming from solana blockchain always have cult following community that just keep pumping and is very bullish.
i guess that sort of thing is the reason why some people could somewhat characterize and find out which coin gonna be the next massive pump, there are actually plenty of meme coin that gained $200 million market cap, the thing with most of these meme coin is that these market cap does indeed shows us how much the entire coins worth but most of the time they have relatively low liquidity that makes them not really liquid if some people dump it so these value are like illusions in my opinion unless we're talking about meme coin that has reached multi billions market cap value its entire different thing since if you sere the trading volume usually reach as high as hundred of millions which in my opinion already good enough liquidity and deserving the market cap other than that I think if we trying to find some meme coin that are good and may be pumping in the future we must know to find a coin that has many liquidity that at least suits the market cap that its having as well as having the community that is quite cult like which is strange but it is how it is.

People are getting profit from meme coins because of the trend but it is not guaranteed that meme coins will always be profitable like that of Bitcoin and ethereum so take your decision wisely in order to get profit because once the meme coins get dumped then you can lose your money. This is also a big fact that people sharing good information regarding meme coins are not always true so it can put you at risk.

If someone is desiring to have a big profit then they can choose meme coins for investment but every meme coin cannot be considered as a profitable coin therefore if you are hoping for good results then choose wisely otherwise you will always try to blame meme coins.

I don't know how you all take or see memecoins but personally I don't see anything in this memecoins that one have to do so much research on memecoins because they are all the same, one project copy the articles and white papers of others and then public.

Infact generally it's about wagering and/or gambling  hoping it will work, so if you're investing or gambling  in memecoins yiu should just keep an eye on it because it's not a long term investment.

All coins in this industry are profitable if you know how to read market price behavior however, nothing comes with certainty. Patterns are simply guides but will never guarantee profit on your end. Memecoins are indeed having high market price volatility which makes it profitable but more risky at the same time. Don't be too carried away by hype alone. If you're just being dragged to memecoins because of the majoriry, keep in mind that there's no utility in most meme coins to sustain its market galue therefore it would be necessary to manage the amount you will invest and risk of course. Many people earned huge profit from meme coins but there are also big numbers for those who lost big amount.
Different still with gambling wherein in most games you would only rely on luck while with memecoins DCAs and stoploss is present to prevent uncertain outcomes.

This is also what I sometimes do. but the truth is that sometimes I don't find any good projects that interest me. But when we find a good memecoin project that is also followed by one of the famous people in crypto then we feel happy because it is like finding a diamond in a haystack. But we also have to remain careful. Because it could be that the project that is attracting our attention is already too hyped and could go down at any time. Unless the MC is still small then it is still possible for us to enter and we must be prepared for the risks. I like the way you make that simple analysis, friend.

Same here I don't always look at memecoin, I still wonder why most people keep talking about memecoin, if I May ask how can one invest wisely in those memecoins? Actually there's nothing like investing wisely in memecoin once you decide to go for memecoin always get ready to experience lose in the market. You're right no difference between gambling and meme Investment because for me they are just the same thing and their risk are equal.

And the way I look at them, they are like gambling which one can lose massively in the process of trying his luck. And it is only when you have the luck you can gain from them so those who have luck can still make it in the long term. Because when I first came to this side of the forum, I saw testimonies from users that they sold out their memecoins for the fear that they would loss out and after some years the coin appreciate and price increases more than the way it was with very big margin so the user was regretting that whey he sold them early. And another good example of memecoin that do well after it launched is Notcoin. Those who sold the coin on the time when token was launched regretting last week when the price increased very well and some of the were saying that they were happy because they didn't sell at first sold.

So I think the both are beneficial and all have the risk involved.

The point is not only to invest carefully in meme coins. but we also have to invest intelligently. Yes, what this means is that when we want to develop a meme coin project, especially a mixed meme coin, then we must have knowledge about how to optimize the results. that is, of course, we must have the knowledge to carefully analyze which coins are likely to generate hype and generate high profits.

Then we also have to be able to consider and analyze intelligently and carefully about when to buy and when to sell. because this really has an impact, if it continues then it could be that we will actually experience big losses.

Sometimes investing  in meme coins is a good decision carefully but meme coins struggle to survive in the market for a short period of time. Can't say in advance which currency will pump more which currency is good for investment. Most of the time, no matter how much research is done, the future of coins is almost as uncertain as other coins. Many times we see that some meme coin in the market has an upward trend, many people invest there but I think it is good to keep there for time but if you increase more and more then you can lose your money soon. In my personal opinion, it's impossible to profit from meme coins without luck as a catalyst, even after a lot of well-researched analysis.

I wish everyone knew that, we know it and can see it but unfortunately a lot of people can't, and that is an issue. I think it should be something to care about and see the difference whereas I fear that not a lot of people do. This is why I think it should eb something quite common, do not worry about it and be happy that you could do something about it.

I believe that we are going to se something changing, and the best way to do that would be just making sure that we are going to end up with nothing serious with these meme projects. They are made just for fun, and they are made to make creators make money, they are not made so that investors would make a profit, if investors do, that is great, but that is not the goal when they are created.

I have experience with Dogecoin which has given me big profits so that until now I really believe in memecoins. Whatever other people say about memecoins, I always ignore it because I have found happiness from memecoins. and some time ago I also benefited from PEPE. However, investing in memecoins requires patience and thoroughness because so many memecoins are trash in cryptocurrency.

memecoin season?  is this really a thing now or we are just being exaggerated in expecting in this kind of market now and besides we have seen this type in the past just like ICO days.

and also try not to keep believing in memecoins for longer time because they are not for long term as they are design for pump and dump because they have no future at all.

It really is since people think about fast earning of profit with those memecoins. Although a lot of people knows the risk for getting scam still they choose to invest because meme coin is a hot trend and they are confident that they can earn from this tokens.

For us fully aware about the risk and didn't invest on memecoin then provably we can easily shove off the idea of trying it. But for existing investors much better for them if they do a invest,take profit then run scheme on those project so that there will be no big losses will happen on their side.

There is no wise way with meme coins to make a profit from it, I doubt that many people who make big profits from meme coins are those who dare to take risks and are even ready to lose money. After I looked at the market in the near future and a few months ago, the meme coin that was leading the market with hundreds of coins appeared, to make a wise profit, choose the meme token that is currently hype or the current top level meme coin.

Yep that's true. I believe that almost 90% of memecoins created since 2020 had died and only few of them are still surviving to this date, top meme coins did a good job on creating and maintaining their community support. Today, we can see a ton of meme coins being created daily and I think that majority of those memecoin/shitcoin will just die before a being noticed by the public.

I would say that we are going to probably end up with something that will take a while, not everyone really considers memecoins as a good thing. I understand that there is a "group" of people who love it, but there is also a group of people who are like me, and dislike memecoins. I believe that as long as these two groups do not meddle with each others moves, then we are going to be fine.

I personally find memecoins are like scams, doesn't mean that I would stop anyone else to invest, go ahead and and put your money in there, but nothing would make me ever invest. Just realize that we are talking about "memes" here, that's really the base of this and thinking that's a good way to spend your money never really made sense to me.

It's like saying that going to casino wisely could give you good returns. It still depends on luck mostly!

That is something we always see every day from memecoins, of the hundreds or maybe even thousands of memecoins that are born, only a few memecoins can survive, and they can also survive because there is hype, but once the hype is gone, they will also disappear from the market .
I agree with you, 90% or even more of the memes created have probably been lost somewhere. That's why I don't recommend investing in memecoins at all. Maybe once in a while we can enter, but that too with a small allocation and it's also just PSDA memecoin which can be said to be hype. We must be prepared to lose when investing in memecoins, because those of us who have been in the crypto space for a long time already know what memecoins are like.

Investing on familiar cryptocurrencies are full of risks talk more about strange coins that is barely trending. Of course that would be a whole bunch of risk extremely to say the rate of your risk taking is greater than your confidence that the coin will not deviate from the potentials based on Speculations and hyping of the coins.
I don't also buy the idea of the Op being too trusted or such strange coin just because it was followed by Jordan Jefferson on X. Less before forgotten, that could be a medium of marketing strategies to influence the public.

Although investment in meme coins is risky and many people lose their money, if you invest in meme coins at the right time and be patient, the chances are that you will end up earning huge profits. At the moment, the market is facing a slight correction and all the meme coins are down from their highs ( a few months ago), it provides a promising opportunity to invest in DOGE and SHIBA. PEPE pumped significantly in the past few months and might pump further in the coming months, but I think the ROI in DOGE and SHIBA investment will be high, at the moment, compared to PEPE. 

We cannot expect that meme coins will be able to give you good returns because meme coins are just like gambling. This is not 100% the same as gambling but most meme coins do not have any purpose and will only profit from the hype that occurs. So I think meme coins are all about luck and you can't guess and invest wisely in meme coins because they have high risks.

investment? it's more like gambling i think. because people involved in memecoin are actually just relying on speculation because memecoin has no real use, it was made just for entertainment. how can you expect patience in a coin that relies entirely on speculation? only luck can make you profit there. so there's no need to discuss too much about investing in memecoin since this type of coin relies entirely on speculation.

Investing is never like gambling, but if you are constantly losing money by investing in the wrong places, it will feel like gambling to you. It's different subject when you invest in coins, it never occurred to me that meme coin is completely useless and ridiculous, because many people have made money from it. I am not denying that investing in meme coin is low risk, very low probability of winning. There are still many meme coins from which you can get money from a meme coin in short term investment by choosing a coin with proper research.

The problem with most meme coin investors is that they are not wise buyers; rather, they just feel that they are wise, but the truth is that they are not. Why? because there are still many people who are fooled and fall prey to rug pull most of the time.

Because the majority of them are still easily swayed by promises, hype, and trends, or just ride what's in fashion. It's hard to just go with the flow of the water.

I agree, as we know that investing in memecoin is quite risky, if we invest a fairly large amount I think it needs to be considered again.
If you feel half-hearted you can ask or exchange opinions with people our friends who have been longer familiar with the world of crypto and memecoin.
and can ask which is safer and best between the two, so that you don't lose money.
because many do not recommend investing in memecoin.

     When you say invest wisely, that's a bit stressful because, as a sure and cautious investor, you don't want to waste the capital that you will use in meme coins. So what you are entering is a bit of a risky investment. Because meme coins have no utility, and you should know that and have an idea about that.

     You can't just fall prey to sweet words and promises, because then you'll definitely be trapped in a scammer's trap. That's why most people in this forum always say DYOR to newbies.

Nice tips! At least we can filter out quite a lot of memecoins. Anyway, in my opinion, a memecoin's value is based on hype and popularity to increase its demand. So, memecoins mentioned by people with a large follower have potential. The more people who buy a memecoin, the higher its value. But still, like you said, the crypto space is unpredictable. So, there's a possibility that people won't be interested in a memecoin even if it's promoted

It's not about luck in making a profit from meme tokens, wise people will usually avoid games like stupid coins that are just made out of thin air, choosing altcoins is more profitable than wasting money on meme coins that are just a joke. I admit that there are many people who are lucky in meme coin, they are people who can tolerate losses so they can get unexpected profits from a meme coin, they are wise to open a meme coin but understand how they are going to do it.

There are too many memecoins in the crypto market and it can be very confusing to make a pick from them because there are too many scam projects, so it always comes down to gambling your funds. I don't think that research helps much when it comes to memecoins because the ones that comes highly recommended might not live up to expectations and when you invest and lose your money, I doubt that you can hold anybody responsible. Apart from reputable memecoins like dogecoin, Shiba Inu and pepe, most of the rest are gambles, just make a pick, invest the amount that you can afford to loose and don't hodl for long term. They can give you massive profit on the short term and they can also sink with your funds, so know your risk tolerance before buying memecoins.

in my experience of dealing with meme coin only very few meme coin actually show pattern that its gonna go up high in the future otherwise people would've become rich easily, most of the meme coin that rises up high usually already have strong community behind so whenever it goes public the price already high so the market cap is high too or the coin just getting pumps out of the blue.

its still always depends and luck and selective towards meme coin that may pose risk due to malicious smart contract that results in rugpulls, heck if you see recent meme coin trending, its all about hype riding.
finding out connection of certain meme coin with some popular famous figure can help yes, but most of the time if the whales don't care the coin won't pumps.
remember meme coin is also an arena for the whale to make money out of meme coin investor that have no idea.

Currently memecoins are trending on various social media and one of them is Twitter, so we as traders have to be really careful and have to do research first before buying memecoins. because if you make the wrong decision then losses will come to you.and I only have hope in Dogecoin and Shiba inu, because I believe these two memecoins can survive in the crypto market.

These are the coins that were really created because they are popular memes. Even people who are not that familiar with crypto end up investing in memecoins just for the sake of investing in it.
This is what happens when the memecoin suddenly goes viral maybe out of speculation or just people experiencing fomo

Some people take advantage when the price is pumped and dump all their coins into the market. This is what meme coin creators and early stage investors often do. Because of that, I don't think it would be wise to invest in meme coins because in the end you will lose if you can't enter at the right time. Some meme coins made it into the top 100 cmc and became good projects but I think 99% of meme coins will eventually become dead coins because they were created just to make a profit without thinking about the fundamentals.

Sometimes, even the ones that are trending don't get to provide their investors much profit because they don't manage to gain much value due to the greed of their developers as they run away with whatever investment they have got so far. Only some meme coins manage to gain substantial value and provide good returns to their investors.

It is also important for people to have a proper selling plan because I have seen a lot of people not selling their assets at the right time and keep holding because they think they can get more profit if they hold their assets and sell them later but this thing doesn't work with meme coins or shit coins and one should sell immediately if they are getting some profit.