Bitcoin Forum

Elon Trump ET seems to be moving right now.  Any thoughts about this coin?  Wonder if it will get some steam due to Trump appointing Elon as Efficiency Chair.

Do you understand that it's a memecoins? I guess you don't! Because otherwise you wouldn't have linked it with any real world event.

These memecoins are not good. These are created so that the creator can make some money. At the end of the day, these tokens are bound to fail.

Even if Elon is appointed in whatsoever position, this won't affect the token in any way. Talk about innovation in crypto market, not trash!

The majority of meme coins are not a good use of capital investment, to be honest. We can only count on our fingers what can be said to be successful meme coins in the crypto business industry. Then what you are saying is too far to say that it will succeed.

Also, if Elon Musk promotes meme coins, that's the one that's really proven in this field of crypto business like Dogecoin and Shiba Inu, and if there's something next, no one knows about it, and this is what crypto is waiting for. community, he will post what meme coin it is.

Yeah, it's for a quick buck, usually.
Even innovation doesn't bring a person or a group needed funds or profit in the long run.

You can see for yourself here (https://coinmarketcap.com/currencies/elon-trump/), right?

In my opinion, this token is a trash token, it will move, but not up, it will be down until the price is no longer there and it is abandoned by the holders and developers. Since you created this thread, this token has never experienced an increase in price, it could be that you brought bad luck to them because you created the thread :D.

I'm not going to scare you with the current price and daily trading volume that doesn't look nice, but it's not a coin to go for, if you have in mind to invest. Furthermore, the price is less than a dollar, that's cheap, and, a nice time to buy in bulk, yet would it hit the $1 barrier? That may be if Trump wins the election. Consequently, the price would drop drastically once the hype is over. Remember, memes don't stay funny forever.

ET is just another trash memecoin which is highly speculative and risky. if you are planning to invest your money in this token, that is your decision, but i personally see it as a risky memecoin and someone who invests in it has a high chance of losing their money. so invest with the risks you understand.

That's correct! That confirms that memecoins are trash. Unless you want to loose money, don't try your luck in such coins. Rather, invest in Bitcoin or ETH and hold it for long term. That will probably make you some money. But memecoins are just like gambling where you are not sure what to come in the future.

Innovation still has a chance to increase the lifespan of a coin. While memcoins are here for a very short period of time. So my suggestion is not to waste money into something which you is a scam. Just my two cents!

which ET?  :D because I've seen so many ET pair i lost count.

https://imgvb.com/images/2024/09/13/4a93deb7e5c2599b7f49d6d025f03379.png

but in all honesty though, never ever buy coin deployed entirely on something so random like this, it's created by scammer to rug pull people and thats it.
They will buy their own deployed token and they will use many address to conceal their intention of owning big supply and then they will dump on you the instant there's liquidity.

learn from that guy who bought $1m mbappe meme coin only to turn into $3k the next minutes.

Do your research properly because it is your right after doing it, find out the best information the truth that memcoin is very bad, and if you are happy to take risks and even very risky that will destroy you, that is your business.
Maybe if you are really smart enough and have the skills to observe the market as a whole, all you do is take profit when you really can, and get out before the market crashes, maybe you will succeed even though the chances are small.
But my guess is that in the end the memcoin garbage will fail miserably and be laughed at by those who know and are experienced because all such investments will be worth less than garbage.
However, if you are really sure and determined to invest in something that is destined to fail and make you lose money, just do it and you will know and feel it yourself. ;D

Thanks everyone for the advice!  :)

Who cares really right?  People just put buzzwords into a coins name and think it's a good idea to even put one penny I to something like that is wild.  What exactly does this coin, token or whatever it is do?  99.999% of these types of coins are built just to scam people, so knowing that why would you ever support something like this.

Trump in the kamala storm looks a bit random and assumptions may not always match reality. We are hopeful.

Yeah, no utility = no plans for going long-term with this one, or going in it at all. Usually what you described is true for such coins.