Bitcoin Forum

In the time past, we have seen how DOGE has led all memecoins to be the first to compete with other real usecase tokens before we have the likes for SHIBA Inu and other dog memes and as though that was not enough, the attention was shifted to Sol memes and we saw how Bome took the attention of the internet and by extension, it became DOGS, and just when I thought that the hype will die down since its a meme coin, I saw again CATE, a meme feline which is the best friend to the famous $DOGE and now extends a paw of friendship to $NEIRO is coming up and the next question I asked myself was, are memecoins trying to take over from the real world useful coins?

What is memecoins? They are just bunch of tokens that rely on a simple pump and dump algorithm, they don't have a real usercase value, they are not pegged to any real asset, most of them are just a replica of old dead token, etc. These has been the characteristics of memecoins since it came live and even in the next decades it's going to be so or worse.

Your last question is totally different from what you asked in the title  does it mean you are shilling for the project you mentioned? because if you're talking about where memecoins will be in the next few decades to come it's probably never going to exist in my opinion some things are just temporary in the space.

And for your last question it's absolutely a dumb to think, shitcoins take over coins like bitcoin or lets even mention lesser coins like solana. Is that even realistic?

Any successful token / coin will be from meme that exist without being cryptocurrency first, just like doge and pepe did before being cryptos.
And those memes for next decade memecoins probably don't even exist yet. I think i have seen a coin or token made of every meme that i have ever seen, during my time in here. They just don't exist for a long time, or get buyers at all.

And this thing where people try to make cat cryptos because it's the next dog crypto has existed since i started mining doge at the start of the doge.

Honestly they will.likely be a laughing topic about crypto.  They serve zero purpose and are completely held up by greed.  10 years from now I'd say all but 1 or 2 of them will still have demand for them.  It's basically a fad and as we all know those don't last forever.  There is no fundamental reason for them to exist, therefore they will cease to exist in well before 10 years.

Nope.
They're not taking over anything. They're all for the traders and when this trend ends, you'd see the real ones that have actual use cases. That's because not everything from these meme coins are going to stay for long. With the next bear market, you'd see that only a few of them remains standing on this market. While the rest of them could survive, many of them are expected to be gone and won't be any longer a known memecoin and will only be a part of history that they've stormed the market once.

It will still exist, people who invest in meme coin usually don't care about the real world use case because it's entirely different market compared to the market of coin with real world use case where people trying to justify the valuation with the product/protocol that they offered.

with meme coin, people tend to just throw their money and hoping that the next day, the meme coin they invested magically turn to the next doge valued at billions. which isn't really the case most of the time because meme coin is just so full of scams, the odd that you are winning against these scammers are low.
even then people still like to try investing in meme because they really sold out at the hope of turning their $100 into billions. so yeah it has its place.

DOGE didn't have any intentional use case, it was created as a joke, nothing more, nothing less and lately it became side crypto to use when top cryptos like Bitcoin, and Ether would get congested.

Regarding useful coins in crypto market, there are handful of coins in whole crypto space that are actually useful, other than that this market heavily thrives on speculation.

Memecoins are a thing and they are continuing to have momentum due to the people's greed to become rich short time.

This is a very interesting topic. Regarding meme currencies like DOGE, I understand that DOGE opens the door to companies like SHIBA Inu, which coincidentally attracts a lot of attention and interest in our market. Their increased profile raises the question of whether they can instead distract from the core scenario of cryptocurrencies.

And despite the fact that meme coins are really colorful and popular in society. Still, their value and influence tend to rely more on social media trends and ideological values instead of being inherently based on technological advancements or real-world applications, the new recent memes of tokens. Like CATE with some references to established coins. It proves how the trend is continued. But it also shows the space between speculation and very relevant projects.

Meme coins get less attention. Cryptocurrencies with obvious use cases Intrinsic value and technology become and remain the basis for long-term profitability and relevance. Memecoins could catch market attention and investor interest in the short term. However, most sustainable growth in the crypto world usually comes from projects that serve actual need and yield real benefits.


You are right as the volatility in meme coins and valuation coins is quite different. It is that the investor in Meme Coin invests with cautionary motives. This is because they get an instant opportunity for gains. More than the value hidden or technological developments in the coin. That kind of mentality leads to a high-risk environment. Most investors are attracted by such returns though most of the meme coins do not reach the level of success like DOGE.

On the other hand, usable cryptocurrencies are rated based only on capabilities of technology, performance, and the problems that they can supposedly solve. In reality, most such projects attract investors who may enjoy long-term gains because of innovation.

There is already the meme coin that generates hype and profits in the short term, though it poses some significant risks such as risk of scams and volatility from there. Understanding these differences gives a much clearer view into the cryptocurrency market. This recognizes the fact that all cryptocurrencies have purposes but serve different types can attract different types of investors.



You say that the heart of the crypto market is: the difference between a meme currency and a currency that abuses DOGE because it is a pitiful truth. It has seen the niche market be the “next” crypto market within the next generation of major cryptocurrencies such as Bitcoin and Ethereum. Even currencies that have not yet reached optimum functionality may find unexpected roles in the ecosystem. of encryption

Your statement that speculation is what has dominated the crypto market is true for what we've discussed more broadly. While there are interesting and innovative projects within this area. lots of coins Especially the meme coins. Thrives on quick profit potential rather than intrinsic value. Ideological characteristics of these funds This is driven by the desire to make quick profits. continues to attract them.

In a nutshell, though meme coins such as DOGE and the new entrants continue to maintain their momentum owing to their speculative value as well as the short-term profit potential, real-world cryptocurrencies keep playing an important role in maintaining long-term stability and growth in the market. The two types of coins typify two dimensions of the landscape of cryptocurrency. Meme coins symbolize coins that are speculative. and performance-related coins represent more sustainable value.

There are plenty of projects that don't really do what they say they are going to both in the meme and usual crypto landscape, some offer a utility that isn't there, and others are so outshined by the other projects that are shilled like crazy it's not even funny.
I think memes are going to stay due to their nature, which correlates to our human nature. There is never going to be a time when a person, especially a new one in the space, wouldn't be tempted to try this path and trade some memes, getting lucky or rekt.

I also notice this kind of changes now a days,the meme coins are overtaking some good coins in the market but i also see that not all meme coins are successful, i believe that meme coin hype has an end just like the play to earn project,the only thing that we can do now is to select whats the best coin to us altcoins or meme coins still it depends on how we select the best coin to earn.

That's how memecoins work, they are just hype and excitement for a moment, from time to time there will always be new memecoins that have a strong community. So what about old memecoins that no longer have any hype? they will remain there and without further development, people will buy them purely for speculative purposes.

So will memecoins take over coins/tokens that have a real use-case? that's impossible, because the crypto public knows what is useful and what is just a wave of hype.

Utility coins, with real cases, always beat memes in the long run.
Memes are for pump and dump, maybe shilling in a half year or two to get a quick buck, but, that's it. Especially if we are talking about the new ones.

It's only lack of experience that can make you to have such thoughts about memecoin, in decades to come, people might not even take memecoins very serious because of the risk attached to it.

Memecoins cant take over and if you don't know that you'll get rekt. But as a meme coin trader myself I can tell you it's highly volatile but rewarding. Got into cate around $10M mcap when I saw it's narrative on X. Few days later it's on Bitget & gate with bybit hovering around .
https://i.ibb.co/QHwj115/IMG-20240916-154852.png (https://ibb.co/7pmN669)

Like I said earlier. Memes can't replace utility alts but they can be lucrative

Next decade ? Do you think meme coins will have the capability to stay in trend for a decade ?
Trends keep changing in the crypto market in every cycle and so meme coins will go extinct if not in this cycle then may be in the next.
Even if it doesn't go extinct then it won't be so trending as it was few months ago.

I believe they are not going to be good at all, I believe they are going to do quite fairly bad and they are going to have some big issues with time as well. We should consider that Elon Musk era is over and there won't be anything that will get any good results at all. We are going to see this changing soon and just because they had a good period doesn't mean that they will continue to do so. I remember a time when memecoins were terrible and not liked at all and I am sure that it will go back to that soon enough without much trouble.

All in all, it is not really that shocking to see this changing this quickly, it's clear that we are going to see Altcoins will do terrible eventually and not going to mean much at all, it's going to be quite boring once again soon enough.

Memecoins, such as Dogecoin or Shiba Inu, are often created as jokes or cultural phenomena rather than projects with a real functional purpose. However, its sudden popularity has made many people interested in investing, mainly because of hype and speculation, not because of any real use.

However, memecoins generally do not try to take over coins that have real-world uses such as Bitcoin, Ethereum, or other coins that are more mature and have a more developed ecosystem. Instead, they tend to be short-term trends influenced by social media, celebrities, and online communities

Something I've learned in all these years that I've been in this crypto market is that as long as there's something that causes a big price increase, people will keep buying that thing. By that I mean that as long as meme coins keep giving high returns, they won't die any time soon, they could even last 10 years if necessary. Now, if something comes along that can make a quicker profit, then people will give up on meme altcoins and put money into this new thing. It's always been like that in this market. In 2017, there were ICOs, and many people sold everything they had in the real world to invest in ICOs because they wanted to make 10x profits quickly. Then ICOs failed and other things like DEFI came along and again people sold everything they had in the real world to invest in Defi. That's why I say that as long as there's nothing else that gets a lot of attention, memes can survive for many years, unfortunately.

Meme coins never been developed for real use case mostly are having fun and time pass purpose, so things are never been good for them and their long time existence if someone feeling like this surely he is living into dream world where things can go any way so never think it's going to be had any positive result in short or long term.

In past, few were good and still living good life but now it's just have hype due to social media and scammer mind developers are enjoying because they are bringing good incentives which are working for them and newbies are also helping them for having some good profit which give them confidence for having another round of scam and doing tricks with crypto world because we all know this is the best thing happening here, and they are taking hard-earned money from peoples with no hard work.

MEME coins will never overtaking any potential coins on the market, but it’s true some newly launched MEME coins entering in the top 100 ranking, it’s just temporary hype of MEME coins, those MEME coins will survive in the 4 to 5 years years as like other good top ranking coins? it’s absolutely impossible because those are created by fun, so they have no real use cases to compete with potential coins.

 Actually, assuming too much about memecoin is a bad habit for everyone, meme coins which are new projects with an uncertain basis are highly recommended not to hold them, this will be a mistake in mastering crypto assets, this is often a mistake for early investors who still do not know the direction in making investments.

What will memecoins look like in the next 10 years, no difference from what they look like now because they're memecoin and aren't interested to develop anything to make their project sophisticated, they're just joke and that's what we should be taking them as and not to expect anything from them. They're going to give you profits when you're a smart Investor and not put all your hopes on them. Many of the memecoins now existing aren't going to be available in the next decade hence your plans towards investing and hodling shouldn't be up to 10 years. Every bull season might have a new set of memecoins being introduced into the market and it'll make the old ones to not look attractive anymore. Memecoins are going to be popular memes, celebrities image and other public images in the coming years. As more developers see the interest in memecoins peak, they'll be introducing new type of memecoins but we shouldn't think they'll last forever.

Hmm! It's an interesting question but I think the likes of DOGE & SHIB has made a tremendous impact in the market with both having developed their own Chain. I'm not certain at the future of memecoins but I do believe more surprises is yet to be unravelled and I look forward to investing in them esp CATE on BG platform with a reasonable user base.

Yeah, usually it doesn't end well, however, if you have the right info sources or you did your analysis and think about the project being afloat or being shilled in the future - who would stop you from holding on?
Though, it's rare to see with memes especially.

We don't even know if there will be memes in the next decade because many of these memes are just pump and dump coins and just copies of the father of meme coin Doge.

Even though there are memes on other chains, they are not bringing anything to community but pump and dump, We have so many memes who did rugpulls and scamming Soon investors will get enough investing in these memes because they cannot stand memes as it become the vehicles of scammers.

Hopefully in the next decade investors will be wiser and only pick coins with use cases, and if this happens, memes will cease to exist because they exist as cash cows of greedy developers.