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Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Vitalik Buterin strikes back at doggy coins with $80m rugpull (https://stockhead.com.au/cryptocurrency/vitalik-buterin-strikes-back-at-doggy-coins-with-80m-rugpull/#:~:text=Buterin%20sold%20660%20billion%20Shiba,a%20value%20of%20%2480.8%20million.)

Ethereum Founder Vitalik Buterin Donates $1 Bn Worth Of Meme Coin ‘Shiba Inu’ For Covid Relief In India (https://inc42.com/buzz/vitalik-buterin-donates-1-bn-worth-shiba-inu-for-covid-relief-in-india/)

Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu (https://www.theblockcrypto.com/post/104676/vitalik-buterin-donates-more-than-60m-to-charity-after-selling-meme-tokens-including-shiba-inu)

In the recent dump, these meme coins suffered the most.
Expect from the dogecoin, all other meme coins are 70-80% down. I don't see any recovery of these meme coins until the market is back in bull phase.

Yeah these coins got their price purely from hype now they are among many coins that got affected so hard by the dump.
but I think anyone who bought these shitcoins know the consequences, I mean these coins are mostly made for pump and dump or in a nutshell to gamble and people still buying it anyway
the sad thing though, many newbie also following people buying this shit coin with the money the need, vitalik's shib rugpull also affect many retailers that many people get angry at him.

They are meme tokens, not meme coins.

Vitalik revealed his thoughts on CNN Exclusive: The 27-year-old behind ethereum isn't surprised by the crypto crash (https://edition.cnn.com/2021/05/20/investing/vitalik-buterin-ethereum-billionaire/index.html)

The pinned message is about Elon Musk and it is more than a warning about meme tokens for gamblers.

These type of coins are quick in & out, only the first 5-10 mins buyers will earn from this. If it already pumped a lot then I suggest don't put your money on it. If ICO was popular last bull run, meme coins are now the thing that makes some people earn some big amounts. I think these coins became popular because of binance smart chain and DeFi platforms now, creating tokens under bsc and listing them on those platforms can be done easily and not that expensive. I think the term rugpull was also created because of these meme coins.

Actually got some but being toast at the moment. It seems the only way to recover these meme coins are if elon and dogecoin started to pull the market from bearish divergence. But that's not gonna be easy as bitcoin market is being fud by the Chinese Government. I do hope Chinese crypto enthusiast will support blocking their own government for making a stupid decision.

The dumping of the market on various fronts is very worrying, and indeed the meme coin is currently the most restrictive. It will be very difficult for meme coins to rise because the benefits provided by meme coins are very minimal and it makes investors less interested.

dogecoin wasn't a memecoin before elon comes in, i use to like the coin even before it has even touched the value of a cent. doge is adopted on casinos so i think it does have a usage. now that it's been seen as memecoin it seems to have ruined it. memecoin had been hype early this year so it's hard for those holders to let go of their stash after Buterin toyed with Shiba Inu. it definitely devastated their funds.

It doesn't even need to wait elon to enter in the market to make the doge coin to be called as a meme coin. We can see that again the history of the doge coin

https://www.investopedia.com/terms/d/dogecoin.asp

Doge was calling as a fun coin and at that time the word of meme in the crypto was not so popular or people have called that as fun ciun rather than meme coin but by the time goes and everything gets changed and doge coin was a meme coin since it was launched in 2013

Meme coins are interesting from the point of view of making a profit only in the first relatively short period of their price inflation. After that, their retention becomes not only impractical, but also very risky. In order to deal with such coins, you need to be a trader. In principle, I am not interested in such coins. I am interested in long-term work.

A few days ago the market was all time high. Meme coins also pumped a lot at that time. But whenever the price of Bitcoin goes down, Meme Coin goes down too much So meme coin holders wear in a big loss

Most crypto depends on the movement of Bitcoin. Memecoin too, the risk of investing in meme coins is always present and everyone sees it clearly. Investing in a trend that doesn't have the same scope as meme coins carries greater risk than other types of investments. So stop fantasizing about getting rich quickly.

Meme coins are unpredictable in price and this recent dump dealt a heavy blow on many investors we can not tell what the market conditions of meme coins will be in the future but we keep hoping things will change for the better.

I invested in one of the top 100 coins during the last bull run hoping the market will keep rising but now I lost almost 90% of my investment and left with no other choice than to keep them in my portfolio for as long as possible.

Lol, Dogecoin had been known as Meme Coin since I entered this crypto space.   I wonder where were you during those time??



Meme coins are the most affected when bull transit to bear because this coin (meme coins)  thrives through hypes so when the hype down, price would definitely crash.

Do not mistake the fact that Dogecoin was created as a meme coin with unlimited coins in circulation but i do use the coin in casino and whenever the price of Bitcoin rises i usually gamble with them because it will give you the pleasure of gamble while you are really not loosing any big amount, but once the price started rallying i stopped gambling with Doge.

Once Doge gained attention and people started to look for alternatives and Shiba had a huge rally in the past few months and now people will be looking for token like these expecting a huge rally and many will burn their savings.

everything is full of risks, but you have to have big capital if you want to get big profits in storing meme token assets, but for me it's better to find a safe point by investing in coins that have really good value in the market.

Well I heard that it was meant to be just purely a meme in the first place when I heard that such coin exist. It was never meant to be a real coin from what I read in Reddit back then.
From the looks of it, it is just that the hype purely made its value go up.

It is because many people started to use dogecoin even if it's intended as meme coin but in the end even the casino have accepted dogecoin as one of their payment option for withdrawal and deposits. I don't know about Shiba Inu but I wonder what will happen to Shiba Inu later on starting from the Vitalik donating of Shiba Inu especially many of the exchanges listed the shiba inu because of it.

It is a general loss and not only the meme coins that hadthen. Even bitcoin that is the king still suffered losses why won't smaller projects record some losses too. Etheruem also had a share of it likewise others. Meanwhile, people always make good money from whichever direction price is. What matters is spotting the right direction.

Well any coin really. But yes, meme shits are more likely to be a rugpull, especially since they dont have a use case or public team

Yeah people should treat crypto investment like a conventional investment, we must know what purpose of the project in the future. and how about investing in meme coin? what is the future goal for the coin ?mostly no purpose and this type coin just follow what is the current trend on crypto community. me personally not really interested in coins like this.

People never learn from the warnings that everyone gives. They tend to forget about this dumping news by the popular people in the crypto-verse.
Do not be too emotional investing in meme coins and you guys are not investing to good projects but you're only investing due to the hype that Elon has made.

Maybe I'm one of the lucky ones to never be interested in meme coins (shits), everyone is just too crazy about memes and I don't know what's going on in their brains

Not everyone though. Haven't touched any of these meme coins/tokens also. Because their lifespan is uncertain and short-lived. No use case so they can easily disappear in the market after the pump and dump of the dev team. Also, just take for example the SHIB project, if you will check their thread here in the forum, you will ask why they even made it to binance with that crappy ANN? So it is a matter of demand in the market why binance listed it. But it won't be long, people will start to get away from these meme projects.

meme coins purely speculation portofolio, if we want to earn high profits in short term maybe we could pick one of meme coins in market. there are allot meme coins with high trading volume so for liquidity we didnt need to worry, but the last tweet from elon musk haven't much effect to meme coins and becarefull with this condtiion.

As you say, i am one of the lucky ones too. I have no interest in meme coins, either. I never bought it since the beginning even when it was at its craziest. To be hones, it is too risky to me, i am not dare to gamble on it.

Perhaps, choosing meme coins is just for gamble and not expecting to make money from that coins. With the lowest price, people can play with that meme coins and use them for what they want. But still, that is a bit risky to invest in meme coins for big money as we do not know if the coin can increase in the future.

It is better to stay away from meme coins if you can not risk your money because many other potential coins that you can buy. Do not attract to what other people suggest before research.

I personally would never hold on to any meme coin for a long time, at any time the price could plunge down according to the news and the pope's wishes. invest in meme coins must be prepared to lose otherwise you can go crazy for it.

I strongly support Vitalik's action with meme coins, it really proves that such things don't deserve to exist and has a negative impact on the market. I see a lot of coin memes constantly being created in the market, but I think this trend will soon end with the demise of some of today's top coin memes.

Life is centered around risk taking so investors only need to apply caution and proper risk management because no one can accurately predict the move of any coin at any point in time as such greed should be far away from investors who wish to make excess profit from meme coins.

Definetly , look how much doge corrected from the top, and also others coins with no fudamental at all. It cant be trusted and its really bad decisions to invest on something that supposed to be a joke. You never know when people will leave and when you late you gonna lose big.

I also think that one should be extra careful when investing into meme coins. There has been an uptrend for them. But this could change at any time. Even Doge doesn't seem very credible to me. Elon Musk supports it but he doesn't guarantee that he'll always do that.

The whole cryptocurrency market suffered many losses because of the big dip that we encountered but we know that with meme tokens they can have a hard time in recovering when the market has already reached the bottom. And it can be because these meme tokens really do not have strong, solid and viable use-cases -  in other words, many of them are put up for the sake of getting the money for the developers and backers. This is the reason I don't ever invest in any meme token not unless I can be sure that it has a good potential for impressive growth.

Well, we don't know what will happen in the future, but right now I haven't decided whether to hold the meme coin or not. however, if I decide to hold on to it, I probably won't invest heavily. however, I'm very wary of the current meme coin. however, given the condition of this coin being manipulated, it was quite dangerous to hold it for a long period of time. yeah, but this is still on my mind. maybe if you want to hold on for a long time, use the free money you have, and forget about it for a certain period of time

all of us knows about meme coins which are good at a short period of time so you have to be careful in investing because risk are always there. otherwise, if you are not fan or following with meme will thats good you better stay away as early mand focus on the top potential coins with a fundamentals in the coinmarketcap.

People should be aware that if there's a pump, there will come a dump. Such coins are worthless themselves and are basically at the mercy of big guys like Musk and Buterin. If one jumps on the train and then off during the right time, this ride can bring fast profits. However, it's also very easy to miss the right moment and indeed to lose a lot with such investments. But since people should invest what they can afford to lose anyway, such investments might be worth the risk for some people.
I avoid meme coins because I think the risk of not selling before the dump is too high.

I myself am really against the meme coin, because in my opinion meme coins like doge and shiba inu are just a joke coin that can rise due to temporary hype, not very suitable for long-term investment because it has no utility at all

Of course, after all, meme coins are created only to make money, there is no longer any benefit from these meme coins and therefore many meme coins have already fallen to the bottom and because of this many investors have suffered, so if someone wants to invest in meme coins, then you need to invest only in the most top meme coins such as dogecoin and shiba, but it is better to generally try to bypass any meme coins and then you will have no problems at all.

Meme coin is nothing, if you fell in it for sure you will lose money, so be careful and bear in mind that it exist only just to intimidate people about the circumstances.,    so stay away in it and focus on the project wherein surely you can make profits afterwards, such trusted crypto currency in the market..  It's alway too good to be true so stay away to those who's saying meme coin is better than those trusted coin in the market because they're really desperate just to convince crypto enthusiast, so be aware.

Meme coins were originally made for fun and as long as it isn't functional, I don't think it's worth buying. It's just being manipulated by huge influencers that could cause a massive pump and dump later on which is actually risky. As for me, it's better to buy and trust well-established coins which couldn't be manipulated by hype.

For fun is what the crowd think of meme tokens. For meme token founders, developers they are real and serious. They are serious because one successful project will help them become millionaires. Success here means a quick growth in price. It will bring real fun to founders together with money.

Scam or not scam meme tokens, if it has 10x, 20x founders will be rich. It is main reason they create meme projects.

Quite synonymous to pump and dump schemes that you encounter in a lot of coins these days.
It is nothing to be surprised anymore.
It is just like many projects that tend to be from trends these days. ICOs, IEOs, etc.

They are probably after meme coins because of the insane gains they can make in one pump, meme coin are the easiest coin to go a 1000% in just a blink of an eye(over night), recently it was one shitcoin called babydoge, Elon Musk even made a tweet to endorse it, the new set of investors we have in the crypto community now are choosing quick profits from shitcoins over investing in strong fundamental coins, we can't really blame them cause everyone wants to get rich fast.

And whose to say that in the next bull run meme coins will be a thing???

From previous bulls, we know that what's hot today is probably not going to be hot tomorrow and this might well be true for meme coins. And, yh, for sure these coins have seen massive dumps just like the rest of the market, but I do not think there's a road to recovery for them.

Recovery will only happen to the good coins but if there’s still a hype with the meme token then I believe they can still rise but it will always depend on that. Meme token can’t stay longer here because they have no purpose in the market and they can’t just depend on any hype, this bear trend will hurt them that much so better to stay away for that meme token, that’s not worth the risk anymore.

There are way too many people who are willy nilly about their money and that shocks me. I care about a single dollar I have, and this is not a joke because my friends mock me about it but that is how I just grew up and even though my parents weren't poor, they weren't wealthy neither, I would say I lived a very good childhood yet I knew how my father worked and saved just so I can live that life.

We had horrible periods where we paid certain bills and postponed some other bills, I had banks coming in to seize stuff because we failed to pay our debt, but I had moments where I went to private high school and spent anyway I want while getting all kinds of games and consoles as well, I lived both sides. I learned one thing, if you are not careful with your money when you have it, you will wish you were when you don't have it and that is the lesson I took to my life after I got married and built my own life.

Trend like this is something we had seen in the past where trend or hot events do happen but asking about if it would last or sustain? No, there are no things that could really last forever.
What comes up must come down and this cant be called a market if we are just seeing upward movement or trend.About meme coins then its up to someone if neither they would buy or not
but for me then it isnt something worth for me to invest on specially now. Meme coins had already made out some significant impact when it whats shilled or hype out
and that starts with DOGE and we have seen clearly on how the market reacts which is a typical thing.

Being in crypto has taught me something. Apart from Bitcoin, I don't care about what's right but making money from altcoins. I know strong altcoin projects with good architecture and community but they don't get the support and price increase that these shitcoins and meme coins get. Its sad but that's what I've come to realize about the market. If MEME coins are trending, I would rather profit off them and then move back to projects with strong fundamentals and Bitcoin. That's the best bet. Profit off the trend.

We need to be practical if meme coins give us some market opportunities, why not ignore them? Like what happens to Doge and Shiba coin, they are more profitable compared to the Bitcoin during this time and people are riding into it. However, these coins can't be trusted to hold for long, it is best to sell them once they reach to its peak.
The majority will speak that meme coins are shitcoins but at least we get benefits from them before they become totally a dead coin.

Currently, there are many memecoins and most of them are shitcoins.
We must be careful with this coin type although many public figures also promote and tweet about them. They may be able to make many profits for us, however, we can also lose a lot of money because of them, they are new and the volatility is exactly very high.
Additionally, we have been seeing how kind of this coin in the market, only based on hype. Not really good fundamentals are there.
I am also trading Shiba Inu and still stuck on the higher price. haha
I think I am not appropriate for this kind of coin trading.

You think that Elon Musk lost his money in the cryptocurrency market and then he wanted to change the narrative by shilling about Dogecoin, which is highly unlikely and i will not call them junk either as there are many junk coins in the market that does not make any sense and Doge is used in multiple casino and it is not a bad thing either for a junk coin  :P.

basically crypto memes are made to bring in quick profits with the support of the community or influencers who create hype. it is not effective enough in the long term. call it hit and run. is this dangerous or not? what is clear is that the risk is high, if we are late in entering or leaving our funds will be threatened.
understand the risks before engaging in any trend.

When the price of Dogecoin rallied everyone wants to take that opportunity and run their own version of the coin and now i lost count about the number of projects in existence aiming at luring the investors promising that i could be the next hype train that could rally and there are some similar coins that made a huge rallies but no one can assure you that the new meme coins will survive.

Meme coins are fun, but you should never put serious money on them. Its fun to throw a bit of money at them but your heaviest bags should be backing projects that build real products.

it is speculative assets in crypto market, suitable for traders that want to earn huge profits in only short term. Most of MEME coins have their own influencer to attract new buyer in market and create hype, without utility we should avoid this project or we will rekted if come lately in market. only early buyer that could take huge profits, meanwhile other got rekted.

Yes this is a trend that is predicted to not last long, what we can do is get maximum profit because we don't know if next year we can see meme coin in the market or not.

Here in India, there was not much media coverage about the $1 billion donation from Vitalik Buterin. On the other hand, when the cricket player Pat Cummins donated $30,000 for COVID relief in India, the newspapers covered it in the front page. I was really disappointed with this. Even now, 99% of the Indians don't know that Vitalik made such a huge donation in the form of SHIBA INU. And some people even managed to criticize him, claiming that he is just trying to dump the useless tokens that he received. Contrary to their expectations, SHIBA held on to its price.

Coin meme holders like to bet big, they take a lot of risks for big profits. there is no safe point, they only have 2 possibilities i.e. get big profits or vice versa receive big losses too. I think that's very fair. risking everything to seize the possibility of making big profits.
Although currently meme coin continues to experience a very drastic decline, it is not comparable to the increase that occurred at Doge a while ago.
this is what other meme coin holders like doge coin are hoping for a while back.

Vitalik's act like that, I find it to be a humane and meaningful act. And for them making people's lives better is more important than money, money can be an important tool in life, but it is not necessarily the only one. As for meme coin trends, I see bullshit, but it's okay if it has the ability to bring other positive values, I think it's not a big deal.

All these meme coins are just jokes for real, the way they are easily pumped and dumped is something else.They all went up very high, and then all of a sudden they crashed , and to make it worst they crashed more than other coins like Bitcoin. Imagine someone that held their coin throughout the bearish times of these meme coins. I saw a lot of people complaining of what they have lost due to the meme coins crashing.

And it just happened instantly and resulted to a lot of loss. Investing in them is something you will have to do to your own risk, and you also have to understand that you’re taking risk in doing it, so you have to thread carefully. If you’re lucky, there is every amount of possibility that you will make huge profit at the right time, and if not, then it’s going to be some serious loss.

I don't think the coin meme trend is going to last long and it's been proven,
to invest in coin memes of course it is very risky and needs to be carefully considered,
it might be much better to invest in the top and more promising altcoins too

Meme coins although risky to invest but i think they are profitable for now. So buying even a small part of them might also bring profits somehow. But if i were to invest with huge funds, i prefer to put my capital into those old and established coins that have been very profitable since then. New coins like these meme coins might be profitable but i think they are only good for short term investments and won't survive for long term.

I agree with you, meme coins are a joke. investing in these coins looks like gambling. It takes a lot of luck to make a profit. and because of this, meme coins are not a good investment. the risk is too great, and when the price falls we never know when it will rise again.

Meme coin certainly makes crypto users surprised, it is trending and popular for now, for me this is a good thing because it can get big profits, maybe next year the market trend will change.

yes the actual value of the meme coins is given only by the hype, by the interest artificially created around them through tweets and posts aimed at increasing attention and obviously very risky to invest in them but in any case no more than investing in other shitcoins

I have made this thread on 14th may and warned everyone that do not run after Meme coin. We all have seen that as soon as the bitcoin dumps a bit, these meme coins just dumped like crazy. Even Elon Musk can't save the Doge coin in this mini bearish period. When you see all the meme coins and shit coins pumping like hell, it shows the end of bull season (for some time atleast).

Recently a lots of meme coins available and introduced in market but all meme coins Don't perfect, some projects have no definite future development. I think before investment those meme coins, one should analyst more and more.

You know what you are doing right is termed in the crypto world? It's called shilling.

Literally, all the posts you have made on the forum are in support of Divi which means you are either part of the team who don't have a standard budget so these guerilla marketing techniques are being used or you just are paid to shill around for it.

I don't ever invest in meme coins because look any project that doesn't have a long term vision is just being bought and sold for its price rather than its usability or the value it brings.

And some of them are getting good interest from the investors because everyone thinks these coins will be pumped while actually, I don't think any of them will be pumped at all. It's sheer lunacy in the market right now that any coin is coming with a meme or doge coin theme and people are buying it.

Either that or meme coins only suitable for short-term and sharp trading. If you see a meme coin is being hyped you may buy it to sell later, like Elon used to make tweets, smart traders will immediately buy the coins and wait for the bubble to hype up and once it has heated up nicely, they will just sell and get out of the market for the time being.

That's because meme coins have no intrinsic value. They are made for speculators and traders to have some fun and they have their place in the system as pump and dump coins.
Since Dogecoin was made to make fun of bitcoin actually investing in it is stupid. You're paying money to someone who doesn't respect bitcoin and thinks anybody can make a woirthless cryptocurency and make money from it.

Need to think carefully before deciding to invest in coin memes,
because we know that investing in meme coins is much more risky than altcoins,
other than that coin memes cannot survive in the crypto market

what analysis and what thinking or decision are they going to make ? its already in the name meme coin that they are not serious .
if you are a serious investor and you dont want to waste money you will only invest in serious coins because they have a future .
last time i also warned my friend about the meme coins but found out that he invest all of his money .
 some people are just hard headed

yeah right! there are people who keeps on insisting that the chance still there if you place your money in much earlier time, not  knowing that manipulators (pump and dump groups) already have huge bag holds that's awaits to sell out.

Meme coins designed to serve it's purpose if you are a serious trader / investor finding real project that have real case usages is far better than trying to ride with this kind of projects.

Be more practical in choosing where to place your money while you are inside this market.

Meme token are moved by hypes and as such it's wiser to invest with caution although it has made more ROI compared to other tokens in recent times but with the current status of most meme tokens it's wiser to invest what you can afford to loose. I guess Shiba Inu down by 1.5% in less than 32 hours is really a call to caution for meme investors to apply extreme caution to avoid investing in a project that might hang their funds

speaking of risks, all coins have their own risks, considering the price of cheap coins, depositing large amounts is very unlikely, except for trading in the long term, considering that in the long term the price will increase quite large, so the coins we buy are cheap will experience an expensive selling price, and this habit takes quite a long time, our weakness is that we cannot be patient for a long period of time being too hasty in analyzing the increase in the price of the cheap coin

yes, indeed meme coins have provided a huge advantage when the pump occurs, but with a note for people who are just in time to get in and out of it, besides that there have been many who have suffered heavy losses from expecting too much meme coins. Better to reduce risk by investing in stronger coins like what you did.

The Securities and Exchange Commission of Thailand is more categorical about meme coins. According to the new rules, trading in meme coins is completely prohibited https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8994. These rules apply to Elon Musk favorite coin-Dogecoin. The SEC of Thailand has given exchanges 30 days to delisting the meme coins.

Perhaps right now the doge coin is the most striking meme coin, which as you said has provided a lot of benefits to those who managed to read the situation, but as for other meme coins, I personally haven't seen its potential, and until now I'm not interested in taking it either.

MEME coin have no different with other coins its only have no utility at all and no developtment in product or other things. but MEME could not ignore by us, its still be alternative assets in crypto market when we see there is no new good project anymore, most of holder use it as speculation assets and already calculate the risk.

DOGE is the most established meme coin and the rest are just trying to follow the hype by creating another meme project without a concrete plan in the market, and as you can see right now they are failing big time. Yes, there’s a lot of meme project before that rise unexpectedly, but without a hype they’ll die and they are starting to disappear now which I can say, this is indeed a healthy correction.

Depends on the personal perspective, i think most of us still think about being rich just in over month or over night. So they very like meme coin like this, my advice is just spend money you can afford to lose so i think it will be fine even though your investment broke.

I am also a holder of meme tokens. I bought 5 different meme coins and now all of them are in dramatic crash that make my feeling in a bad mode. Because of what was happen I stop buying meme tokens rather will buy the coin with a real platform not like meme.

its the risk if you buy without any research, i am wonder if you trapped in hype and FOMO in market when elon musk shilling about doge, shiba inu and new meme coin. it better to hold it till the value back to your initial value . Use it as speculative portofolio which is will give you huge profit when market totally recovered.

Now you know and can justify that majority of the meme coins are worthless. Because if you just believe that these coins are shit, supposedly you don't invest them but you did and now, a terrible loss happens to you.
Well, that already happens to you and it gives you learning and as well as with others. Though not all meme coins are similar to what you have, still we need extra care in choosing for them.

I agree, we should be careful on meme coins I never seen a real cryptocurrency that pumps more than 1000% in just 1 week or 1 month only these coins. Not because they pump like that doesn't mean that they are profitable I also seen some coins that crashed from $30+ to less than $1 in less than a week but that's on DeFi but that doesn't mean that it will not happen to meme coins.

don't put yourself in an awkward situation, mostly meme coins were just hype and lost their value after big holders release it , when there is a lot of hype, where people are so excited and was telling it's going to be the next thing, they were just influenced by other people thinking it will be worth something in the future but the sad reality is that the holders are just waiting for the right price to dump and leave the projects.

meme coins have soared so big when the pump has been continuously carried out some time ago and it is very risky when buying at prices that are already too big.
but the holders and fomo are not aware and continue to keep their assets there and hope there is a follow-up pump from the billionaire :)
indeed the benefits are very large but of course the risk of loss is always lurking

I believe that if you are interested in a meme coin you are accepting that whatever you invested into will be manipulated like crazy from the start, that's just how the world works and if you do not want to be manipulated by the whales or whatever so that your coin is left alone and doing decent then you wouldn't have invested into memes to begin with, you are fully expecting everything that is bad could happen to your investment the moment you are putting it into memecoin. Why do people do something this silly then?

Well the profits, because if you are lucky you could buy when it is low and then sell when they pump it and get out, if you can do that which requires amazing timing skills then you could make a profit, aside from that everyone else will be losing their money, so you have to really hope that you will do a great job at timing your trades in a meme project.

The very beginning of your post pins reality down in a very precise way. You take part in the gamble and the only thing you need to do is make sure to take profit before liquidity dies out and everyone wants to dump. It sounds sad and doesn't really have a lot to do with cryptocurrency as a whole, but it is what it is.

If you get fomo by this meme coins when the market is still in bullish, you probably learned your lesson by now. It's not safe to put all your money into memo coins as they are only profitable in the short term but when bear season attacks, most of them made a huge downfall and maybe they will not recover easily. So it's still better to stick on the old and trusted coins in the crypto market because everytime the price falls, they still have chances to recover again.

Dogecoin has been used really for real as alternative transfers during the high fees of bitcoin and Ethereum.

But right now, both of them have cheaper fees so there's no need for any alternative as it's already been solved by bitcoin and ethereum. It's okay to have such coins as Doge but we don't need more of them.

That's what the problem is, they keep coming.

Just like ICO, IEO, Defi, these meme coins will also be going to spread but I think that we are already aware of the situation, and it's up to us if we invest in them or just ignore them.
Actually, some of these meme coins just pump during the bull market and many have become profitable that is why many newcomers encourage to invest in meme coins. However, if we think about long-term investment, this is not a wise decision.

no need utility to alive in crypto market , there are alot project have no utility like doge but we never complaint about them. Only doge and shiba inu that mostly talked in crypto market, we always talk about utility and usecase many times but in the fact doge could survive for long time in market. we must follow trend and accept doge coins was a cryptocurrency too.

honestly ,i like meme coin for speculation purpose moreover it elon musk shill it. price will very volatile and trading in futures will help us to earn instant profits. but its work only for expert traders not for beginner traders, or they will get rekt or liquidate in futures .

People have the right to create whatever stupid coin they want. I just find it annoying that people are shilling these meme coins like they actually serve a purpose and they think it will flip Bitcoin. People who have a lot of money invested in these coins are clueless idiots and they encourage other fools to be wreckless with their money.

Memecoin,  as far as I am concerned,  is a gambling.  The problem will arise if the player of memecoin are not aware of what they are doing.  It is not unacceptable to gamble  and I think the volume and interest showed in memecoin is making us to see that there are a lots of gamblers around.  As cryptocurrency stakeholders,  you will definitely know where to put your effort for maximum positive results!

What makes us even more surprised, why are some meme coins that exist and are published on social media can get support from influencers?
the stupidest thing is that they create their meme assets without

If you have understood the risks of speculating in cryptocurrencies, then the decision is yours.  You put your money in a pit where the rise/fall depends on only one person, Lol.  Those are bloodsuckers, when Elon can't do better, it will go to failure.  Doge, Shiba are double-edged swords.  Be careful

Most investors are not really equipped with the right information before venturing into investing in a coin. It's always wise to do short term investment on meme coins that are capable of bring good profits for the temporary time before giving it back to the market, although it has is own risk that an investor is supposed to be aware of rather than investing blindly.

Meme coins most time are not easy to differentiate and proper consideration need to be out in place before investing in a new coins especially the promising coins with no utility.

This is a strong message from how these coins are performing on the market and I would say someone is trying the pump and dump scheme to get people buying and once the coin reaches a certain price it will crash hard... btw if these alternative meme coins can drop this much and aren't showing independence, am afraid they wouldn't be my "must have coins."

I believe these are short-term gain coins and one must be very careful while investing in meme coins because I see most of the investors are looking for 2x or 10x profit in short term but practically not everyone book the profit like this on the other hand majority of the investors book loss rather than profit. I agree one should always trust the top and tested coins for long in the market. I always keep away myself from the hype coins I always trust the product base coins like Ethereum, BNB, DOT, and Tron.

It has already spread a lot.

But it didn't take the highlight for too long because the market started to drop and everyone's sentiment has become bearish. As I've said, a lot have used it for transfers.

Not for the sake of investment, it's only for Doge but I don't know with the other meme coins.

Now the meme coins have reached their real position. I think now they will never recover and touch their ATH. DogeCoin is still doing good because it is an old one. All other meme coins are new and made after Elon Musk's tweets. I think now we all should leave the talk about meme coins and start investing in altcoins and Bitcoin. Because they are our market's future.

Memecoins bubble already popped. It couldn't survive such market drops and I'm very happy these memecoins will disappear soon. I've said it many times here, these memecoins remind me the altcoin craze when everyone was able to launch a shitty coin, premine it and launch it here on bitcointalk.
Don't waste your hard earned money on this shit.

If you are a very gambler, I would not wonder why many people invest and participate in MEME coins, because they do not consider the value of MEME coins, but the growth multiple of this cryptocurrency is fascinating.

The sharp rise and fall are the characteristics of this digital currency. People are blindly full of endless hope for MEME coins.

Those who may participate in gambling have no time to think. Especially some sad novices are very active to give their funds to others.

These novices are sad, pathetic and hateful.

There are many people, including myself, sometimes sober about their investment and operation strategies---fast in and out, no reluctance, and run if it is profitable.


but they will not tell you the exact time point. This is gambling.

I'm sure vitalik is just speculating for buying those coins, looks how he donating those profits to a charity that means he don't really mean it when he bought the coins without any price prediction or any analysis, i'm sure it's just a pure speculation with few of his portofolio

Another thing about meme coins is that it is not a long term investment, so you should be very quick to get in and get out to make a profit, and maybe you will get in at the wrong time and very quickly end up losing money as well who knows? I personally believe that we should not be looking into making a profit that quickly and try to find things that would make us a profit in the long term.

However meme coins are literally opposite of that, the only single chance that you have is to get in, get lucky, price goes up right away, sell and get out that’s it, if you can do that inside of a week and make a profit then you will, otherwise you are risking all of your money. All those shiba and stuff will go towards being worthless very soon and dogecoin will go towards being out of top 20 once again in the near future as well, probably will be out of top 20 in 2022 at the very latest.

investing in memecoin is a stupid choice in my opinion. Most of the time I noticed that the developers were only looking for profit from many investors. so that many investors no longer believe in digital currencies

I agree with the meme coin, but if we invest in this coin we have to use the annual formula, meaning we buy coins to keep and we spend when the price rises. this potential usually works if practiced, indeed meme coins usually don't rise at high numbers, but if we buy in large and large quantities and then we store it for a long period of time, it has the opportunity to rise from the price we bought. I prefer to use this method to invest on the grounds that small capital gains in the future are much larger.

I'm sorry for those who you think will invest in this alive market. If the cryptocurrency market is super risky, the memecoins one is super risky! If people intend to waste their money, they're free to do so, but I'll try always to warn everyone about these shitty projects.
Elon Musk, if there was regulation on crypto, should be in jail by now.

Developers who are riding to this kind of fame are trying to make money with traders and investors who are willing to lose their money, there are people who still hoping to catch up with new Memes and make decent money out from their investment.

We can't deny that those greed people will continue to support this kind of project even they are well aware that there's a high risk losing their investment.

Willing to continue and support influencers and those pump and dump facilitator.

today I'm trying to stay as far away from meme coin as possible, it's really not profitable...

Shiba inu and dogecoin have made many people millionaires but made many people poor too. Coins whose prices move based on hype really have no future.

at least it will provide valuable experience for investors and traders to stay away from meme coins. or if indeed they have good experience and skills, I think some of the traders have already benefited.
don't focus long-term on meme coins. they are just running the hype. once all is done then they can be worthless.

I invested some Meme coins and was happy to get big profits, even though I didn't dare to put all my money in Meme, of course I made strong coins a priority. You're right because coin memes are very risky and it seems that coin memes are a trend that can't last long time.

Congrats because you won.

I'd like to ask even you won with meme tokens, do you really think what you did is investment?

Investment in meme tokens, is it good? Dogecoin can be considered as a good altcoin to invest. When it has cheap price and it is a meme coin too. Meme tokens appeared since 2020 and Dogecoin is a meme coin, not a meme token.

I meant and wanted to ask you about meme token investment.

We must know why a particular coin is called a 'meme coin'. The sole purpose of these coins if entertainment but people still buy it hoping to get rich from it.
I don't understand why people even bother to buy such coins as they don't have any potential project.
Yes, some people might still benefit out of the volatility and price but ignoring the purpose of the coin is a mistake.
I think the only people buying such meme coins are the greedy people who think that meme coin will make them rich eventually ending up in losses.

yes, the meme coin trend will be short-lived, there will only be time for them to go back down, maybe it will only work in the past, for people who are able to correctly read the situation when to start on meme coins and stop on time will greatly benefit.

This is nothing but a Pump and Dump coins and even that Shiba Inu is sooner will vanish from top coins as Meme coins can't provide product and any positive help towards crypto holders.
i would rather choose shitcoins than Memecoins .
If you cn find the literal pumping one then yeah you can make profit , so what is the difference from Shitcoins?

The prices of these meme coins they got it from pure hype that happened in the first quarter of the year. And these coins were the ones affected so hard by the dump. The people who bought these shitcoins should know the consequences of their actions, and knows that these decrease in price is part of the consequence of their trading. It is all clear that these meme coins were made for the pump and dump and people just continue to buy it anyway. Newbies to crypto currency were able to continue believing this kind of schemes. I mean they are not doing bad its just the pump and dump schemes just make many lose their assets.

Sometimes we really have to experience bad things first, to understand investing in meme coins is a bad choice. It is not only you who experience
losses when investing in meme coins, but many people who experience losses when investing in meme coins. Most people are influenced by Elon Musk
who has promoted meme coins several times through twitter, so this is an important lesson for all of us. That investing in crypto don't trust other
people 100%, we should also do research and analysis, so as not to make the wrong decision.

yes, your opinion is very true. some memecoins sometimes take a very long time to increase in price or make big profits like dogecoin and bittorent or btt. but mostly now I notice that most memecoins only take advantage of investors so that most people lose their trust in memecoin.

Meme coins are really designed only for the excitement created around them, in order to get a certain profit during the initial period of their existence due to demand and an increase in price. Since they do not represent any practical value and do not carry innovations for the development of cryptocurrency, they will exist for a short time. I'm not interested in meme coins at all. They may only be of interest to traders on relatively short positions.

Vitalik Donates $1 billion+ worth of Shiba Inu coin causing the price dumped and the investors suffered huge loss. I don't think if the price can fully recover in the future because the coin is just a meme so it is not good to invest this kind of coins they are just pump and dump scheme, I don't think if it can last long.

There are still many issuances of meme coins. As long as there is the support of giant whales, the attention will become higher. But investing in meme coins is more risky than investing in other coins.
If you want a stable investment, don't choose memecoin.

Thanks for the information, I think what Vitalik did by donating the SHIB coin is a good decision, but what I'm worried about is the price of the token, there are lots of investors and hope the price will go up like Dogecoin, I don't have many memecoins at the moment, but I have a portfolio new by looking at memecoin list here https://coinmarketcap.com/view/memes/

No wonder if Safemoon is only running in Ethereum blockchain, Vitalik would surely kick out these coins from his wallet. But infairness, I really salute to the marketing team behind Safemoon, they are incredible professional interms of hyping. Imagine no Elon Musk, but Safemoon goes up.

Meme coins just in a way contributed to the bull run, they kind of started the shitcoins season and where many made good profits others got trapped, and as the market dumps a lot dumped with it, with no sign of recovery, thus proving the case that, Meme coins have no use case backing them up, so yes, one needs to be careful of them.
Even the top Meme coin Dogecoin have no use case, what pumps the price is tweets and nothing more, even those that claimed to be working on one thing or the other, nothing has been heard so far about them. Now NFT is here, sooner than later, a lot of them will spring up again copying others, adding others name to theirs to get attention and so on. Therefore in all ramifications, it shows due diligence shouldn't be ignored when investing in any sort of project or coin.

Indeed, some meme coins have had success with their projects, such as Shiba Inu. but there are also a lot of coin memes that tend to be like Ponzi schemes. lucky indeed shiba inu is supported by the founder of ethereum vitalik.

Memecoin trend has already subside,  nft is actually trending with game based token.  Memecoin trend will come back in the future and I aiming to buy more Shiba inu as it is very decentralized and I love what it represents.  If one however by shitty Memecoin,  just consider your money gone!

All investments have risks, but keep in mind that coin and token memes like Dogecoin and Shiba Inu dominated most of the conversation around the crypto market boom earlier in the year but as the market turned in May, their respective prices fell harder and faster than most of their contemporaries. However, with the market on the rise, those volatile assets are now rising faster than many other assets.

Meme coins have taken over the crypto space, people no longer want a project with a real product or take time to think of what Utility their coin should possess, they are just busy creating shitcoins, most of those shitcoins are dead now after the dump that lasted for a while, buying meme coins is very risky you could becoming rich or end up enriching the dev, it's a too sided game where you stand more chance to lose than gain profit.

if you are not a fan of hypes it's far better to stay on your safe side, this project is more on hyping and no real usages, those people behind

this project knows and understand the emotion and greed of those who loves riding with the pump, most of those who lose their
money are people who didn't recognize the risk but just simply believe that if timing is right there's money in it.

Be very furious or not to take things without knowledge, it will be more harder to control when you don't have any idea.

This small disappearance for you is insignifican when you are probably just a person who often buys lottery, winning only needs to put in a small amount of money, losing a little money can also try again in the next time but other people don't have such a level of perception, meme coin for them is a big exchange and can be a big success. Shiba Inu is one of the trusted representatives of the get rich revolution and as usual, nothing more special, except for the extremely sharp price drop following such demand.

It was uncertain as many investors are still looking for potential projects that are worth an investment. Some are just riding on the hypes which we could see that shitcoins are on the trend and we can't deny that we taking a profit from them but thinking how this will run in the future? You have found it right, these coins (shitcoins) will absolutely die due to no support from the community and the developers itself.

If we are looking for those projects that can give us some assurance, therefore, we have to choose reliable projects that have a working product, not these knows meme coins.

The trend is already over. Most of the meme coins have already died. Few new shitty meme coins can be seen now and then, gets pumped, dies the next day. Anyone that invests on meme coin to get rich now are plain stupid. We have been seeing trends like this happening for years. As soon as the trend is over, almost 99% of those coin no longer recover from the crash. The current trend now is those game tokens or whatever you call them. See how insane the prices are going. I have a strong feeling they will also end up being worthless after few weeks.

Everyone agrees that it is quite risky to invest into meme coins, we all know that they are just there because of the hype and as soon as the hype end they will be gone, however people are still doing it for some reason, just riding the wave for now and make money until they end up losing it all. I do not understand why people are still doing this, there are much better ways to make money, but because they could make money a lot quicker with the meme coin hype world, they are still investing.

Many people I know who invested into doge, did not do it because they believed it was a good coin, they knew that it was a horrible coin. Only reason they actually did it was the fact that they actually ended up making profit and did not get out, saw the hype, and said let’s ride this wave for now and that is why they bought doge and hold as long as they can.

that's why I never invest in meme coin, because it's very risky for me to lose my money, then I also always advise my friends and family not to invest in meme coin for the long term, because meme coin is rising right now just because of the hype from Dogecoin and when the hype is gone, then the price of meme coin will definitely go down and it's hard to increase again, so the risk is very big for us to invest in meme coin.

I too have invested in Shiba Inu. Ever since Elon Musk tweets about doge coin, too may meme coins came to existence. Few were created against doge. Those who focused on doge, later turned towards Shiba Inu. Since its much cheaper, many bought as much as they could. Yes as you say, its really risky, however, we still hope so on meme coins seeing doge grow in the market since 2017. 

Now the meme coins have been dumped hardly, I think now there is a 5% chance that meme coins can recover. There are still many shitcoins being created and people are investing but now most shitcoins can only give you a loss. Because in May and June there were influencers' tweets about shitcoins that's why they were increasing but now influences are not tweeting about them. So you should not invest in shitcoins.

Your advice has proven to be quite sensible in light of the rise and fall of Dogecoin - however there was quite a lot of money to be made if you were not too greedy. Those who held on while expecting to breach the $1 mark were the fish swallowed up by the investment banker sharks. However in the long run it seems to me that Dogecoin actually has a rather bright future precisely because there is a lot more in circulation and it replicates Bitcoin without being subject to the same level of rich people hoarding limited supplies. It is much harder to corner the market if the market is a lot bigger basically, so we might start to see a resurgence of certain "Meme" coins in future.

The thing with these meme coins is like they are mainly being used for pumps and dumps, so that’s the thing, you’re either going to lose or you win. Whenever they pump they get pumped heavily and when they start to dump they are being dumped heavily and to the extent a lot of people will lose so much of their money and even get discouraged.

And I do see some of these meme coins as scam, because they have some really weird names that come across as being unserious. So, it’s usually best to avoid them and if you’re going to invest in them then it will be better to invest in the top ones that are popular. These days anyone can just come out with their own meme coin.

looking at this altcoin the first thing that caught my attention was:

Total Supply: 1,000,000,000,000,000

https://coinmarketcap.com/currencies/safemoon/markets/

there are many currencies, and from what I see it is still not listed on many major exchanges and it has a lot of trading volume, also a curious fact is that while all altcoins are currently increasing in price, this altcoin is having a 19.78% loss

The reason why it dumps hard is because they have no real product or utility to back up the price of the coin, so whenever a dump in bitcoin happens altcoins also follow, but coins with no real utility will dump even harder than others.
You are not alone mate, I'm also not interested in these meme coins cause buying or investing in them feels like gambling away my hard earned money, most of the meme coins usually rug pull after the initial launch since meme coins are always created by anonymous teams who can disappear without any trace.

If you can invest into meme coins, you should know what basic red flags are...

It nothing new, meme coins always suffer most when bitcoin dumps, since they are just fun tokens and not Utility tokens, dogecoin dumped too but not as much as other meme coins, dogecoin has manage to become very strong right now with Elon Musk backing it, dogecoin looks unstoppable.

you are right sir, the trend of memecoin is almost over and now we should be stay away from these coin. now we should look for top 20 coins or devoleping coin of NFT. NFT trend is looking good. those who already made profit should think about that meme coins has no use. after trend no one will buy it and result in huge dumop.

what's worried about meme coin is the hype pattern for which we have to be extra careful. this is like speculation so as soon as possible we must seize the moment. or else we will lose what we should have held, because when bitcoin is slammed then the meme coin will suffer even more

Even if the trend is almost over we should stay away from coin like meme coin from beginning because its speculative.
Instead, project like NFT games will give better opportunity to earn by playing instead of making speculation. So you will not need to worry that you may lost some money you have because of the price fluctuation that can be very harmful, while most of NFT games will just become stable in the market and not have that much fluctuation.

 Meme coins achieved their cost absolutely from publicity now they are among many coins that got influenced so hard by the landfill.
yet, I think any individual who purchased these coins knows the results, I mean these coins are generally made for pump and dump individuals actually getting it in any case. The tragic thing, however, is numerous beginners are likewise following individuals purchasing this coin. So new and inexperienced people must be careful before buying this cryptocurrency and think about its future and current status.

Although it is possible to make money by investing in meme coins, the risks of this kind of investment are very high and are more similar to gambling than real investment. If you happen to buy and sell at the right time, you can make a profit. However, you are more likely to lose all or most of your investment.
A better strategy is to focus on investments that are likely to perform well in the long term. Generally speaking, cryptocurrencies are still highly speculative, so no one knows how it will perform over time. But if you do invest in cryptocurrencies, make sure that the currency you choose has strong fundamentals and is more likely to stand the test of time.

There are now so many altcoins in the crypto world, and we also have new altcoins every day, some of which are legit and most of which are scams, so be cautious when investing, especially in new coins, because there are so many scammers taking advantage of the meme coin trend, so always check and do your own research before investing in a new coin.

Even on top coins wont really be that risk-free but it is much better than involving with shitcoins but there are people whom do really love to deal with these coins due to high reward ratio but of course
the risk would really be in equally high too.Its up to someone if they would be dealing with it or not since there are people who are aware with the risk and there are people who do just dive in without
any proper knowledge and awareness on how this market works.If you wont really be careful then most likely you would really ending up on a disaster.
Invest on the amount that you can afford to lose.

we really have to be selective in choosing projects, especially new projects that appear just because they follow the hectic trend. know well what we are going to invest in, don't be fooled, and make sure the project has real functionality and strong fundamental support. meme coin was created for instant profit by taking advantage of hype, community support and influencers. The risk is quite large, so if you enter or exit late, you can end up in a loss. it is better to choose another project whose function is more tangible.

its risky if we didnt completely research in which meme coins we have to invest.there are many meme coins in market especially recently launched , these coins have bigger risk than existing meme coins like doge shiba inu. although its contain high  risk it doesnt mean have no profits potency and even its bigger than reall project that have utility.

Yes Meme coin is so risky if investing In meme coin first you have a great analysis but we can get a huge benefit from meme coins reason of risky meme coin because meme coin have too much coin supply that's why price can't pump and people fear to investing

The issue will arise if memecoin players are unaware of what they are doing. Gambling is not unacceptable, and I believe the volume and interest in memecoin has shown us that there are a lot of gamblers out there. As cryptocurrency investors, you'll know exactly where to focus your efforts for the best outcomes!

Most Meme coins are now dead. People thought they were going to move like dogecoin, it doesn't work that way. People  are scared of putting $5k in bitcoin but choose to put $20k in Meme coin and today they are rekt and helplessly watch bitcoin soar.

These new meme coins that were suddenly emerging in the market are an instant red flag for me. I don't want to waste my time and money on most of them. As much as possible, don't fall from their sweet promises of massive profit returns. If I were you, I would rather put my hard-earned money into a more established and stable project that has been around in the business for several years already. A project with steady development progress. The like of Stakenet XSN is a perfect example.

Not surprising though, most the time being all of the hype in the crypto would not be long last forever, there would be the end date of its hype. Well even if the similar things happen to those meme coins such as doge it would taking  for years not suddenly happen within an instant period either.

That was the best result for those people who followed Elon influences, lol

Except dogecoin.

You're right, that most of them are likely to be dead already and investors of meme coins are still hoping that someday these coins will make them rich.

With those likes of safemoon, shiba, and others that have pumped before, they're too late from the pump that those did.

indeed the exception for dogecoin. even Doge is currently starting to wake up again, with some very influential faces in the crypto world entering his advisory ranks, namely Vitalik. This will increase Doge's popularity and market confidence. even if it's just a token meme, but doge isn't totally kidding. we come to know that a tweet and popularity can lift the price.
while other meme coins that appear because of the trend, most of them don't last long. just like the pump and dump scenario. some are actually scams, so be careful

Meme coin is a high risk and reward coin, if you must invest in it then you must learn to manage risk, invest with what you can afford to loose. For me I think it's better not to invest on them as well but truly it gives profit more than most potential coins and also gives a huge loss as well, the early birds are the ones who benefits from most shitcoins when there launch, people who are late always face huge loss when there is a market correction. All shitcoins are just pump and dump coin except from doge coin which seems to be strong due to Elon Musk shill and good marketing by the team.

 honestly opinion for meme coin lover, totally risky trading, all dependent on hype, yes you can make great gains on memecoins, but can make just as much gains on legitimate projects that are 1000% safer

it's true that it is the choice of each person even though there are influences from others to determine the decision
some people may be able to survive because they already have the mentality whenever downtrend

I'm done with meme coin, totally lost in meme coin. ever since memecoin became popular, i was very interested in buying memecoin in big amount, and what happened? when the meme coin was dumped by the whales so I lost 75% in my portfolio. i know meme coins have no future just speculation coins with pump and dump games. I prefer to choose a coin that has technology and ecosystem. such as teherium, dot , solana and Cardano as my featured coins.

Investing in memecoin is a gambling, a real gambling just like playing in a casino. I've been there, I earned a lot in memecoin actually, and also lose a lot too sometimes. It depends on how good you are finding the best memecoin to invest to and on how early you've been there. In memecoin, in order to have big gains, you must be one of the first investors, and that's the main target, be the first of the first. But if you can't manage being the first, then it is much better to just invest in coins that has a real value, and much better if it already has a working platform, app or product etc. What you always need to remember when investing in memecoin is that; whatever goes up fast, goes down fast as well.  ;)

Yes meme coin is always risky  because meme coin have too much coin supply that's why price not increase more and most of shit coin depend on some owner which is not best .so invest only some money in meme coin

Yes meme coin is too much risky Because most of shit coin bad and run away after some time or destory that's why people not like this but some meme coin are best which give best profit easily go 10X to 15X so invest only money which afford in the case of loss

The biggest problem with meme coins is that there is nothing you can rely on once the hype has settled down. With legit products, you know that once they are up and publicly announced, there will be again some momentum for the coin along with it. But with meme coins, once the hype is settled there is nothing you can hope to turn things back.

The ones who enter the meme coins market at peak will always lose because they entered at the wrong time while if someone is sharp enough to realize when the peak and bottom are hit, they will earn more than regular projects with even meme coins.

I don't know about short term profit but almost all Shit coins like Shiba are retail driven. If interest leaves these meme coins there is no Micheal Saylor or Mark Cuban or Grayscale to buy and save axs from a 90% crash. 

The bigger coin supply isn't always the biggest reason for their downfall. Meme-coins and shit-coins are termed as such because there is literally no use case for these projects.

Yes, if you are lucky enough you may juice out 10-20x profits but it's similar to hitting a jackpot in gambling. Once you win big, you will be addicted and slowly lose everything back to the market. And with each loss you will get more and more desperate to make profits which is never a guarantee when trading shit-coins and memes.

Yes.

That's with Dogecoin, the foundation has been alive again, and with Vitalik that will help them to advise what must be done.

Vitalik just loves Dogecoin so much that he became now a part of it and that's thanks to the success of Ethereum.

last year people don't really care about meme coins. but ever since ElonMusk manipulated the "DOGE" Meme coin most of the developers are competing to create meme coins and in fact most of them can't stay in the market for long.

These new meme coins that were suddenly emerging in the market are an instant red flag for me. I don't want to waste my time and money on most of them. As much as possible, don't fall from their sweet promises of massive profit returns. If I were you, I would rather put my hard-earned money into a more established and stable project that has been around in the business for several years already. A project with steady development progress. The like of Stakenet XSN is a perfect example.

In the short term different shitcoins and meme coins are really more likely to give you big profit because it is easy to pump them when a lot of people invest in them at the same moment. But in the long term, I am sure that exactly holders of strong coins like Ethereum, Bitcoin, BNB will win and earn more. Talking about meme coins, their hype is already over, so I think we had better get rid of them.

Meme coin can have drastic price change within a day and that's why anyone should avoid it because it's too speculative and usually there are too many total supply and each meme coin compared to another meme coin usually have very little difference.In my opinion NFT token is better than meme coin and it's not too fluctuative, it's also used for playing games that use NFT most of the time.

It's true that now many new coin memes are appearing because they are inspired by coin doge, but I believe with one coin meme for me to keep for the long term, namely shiba coins, I think shiba coins are very good for long term storage.

A look at Meme coins one can sense it was somewhat created as a joke or fun something, and since it was bull run, they banked on it and turned to a shitcoin season where many were created and while some made money others turned to bagholders. Also, while the two most prominent which is Doge and Shiba are on top exchanges with their team doing whatever they can to protray a clean image of their platforms and tokens, one still needs to be careful with whatever investment decisions he want to make on them.
In all I think, Meme coins have little to nothing to offer, also I heard Dogecoin foundation is about coming back or already back, and who knows what will mean but nevertheless due diligence shouldn't be neglected at anytime.

I am not against crypto, but buying meme coins for the sake of riding a shill is a big risk. Why meme coins are created? If you are new to crypto and want to create your own coins, you can simply declare it a meme coin. Hire some shillers, or make some bounty and make some website to make it look very legit crypto.

Holding a meme coin is not the right solution, because usually investors who have large capital will pump and dump it in a short time on the coin, and of course this will only benefit people who enter the market early, then after that usually the price will drop significantly to return to the base price.

Only the people that buy meme coin in the beginning actually really enjoy the big profits… especially if the token already pumped and is some on all time high price… buying meme coin at ath is really good because when it dumps , it dumps really hard 50-70% and the recovery would be quick

You can easily become wealth and freedom through memecoin, and you will become nothing with memecoin. We have no way of knowing what is the right opportunity to invest in memecoins. It is still necessary to set a stop loss for meme coins. Prevent coins from falling to death.

It is as if you knew that the government of china will pull a big one again on cryptocurrency and it did. China is disrupting the pace of cryptocurrency and drawing the world back with its many bans on it. Referring to meme coins as dangerous investment is a good warning because alot of the coins there are only created to scam people without anything to project. But alot of people do not want to heed to this warning because they see memecoins as easy profit for them but most of them end up getting scammed.

I don't even understand the point in investing in meme coins. If you are curious about them, then you can collect them like rare stamps or coins. But there is no point in making an "investment" with these cryptocurrencies. And earlier it was still OK. We were only having Dogecoin and a few dozen other less known memecoins. But after Doge had it's crazy bull run, hundreds (if not thousands) of memecoins have popped up. And in most cases, it is clear that the promoters are trying to cash in on the popularity of Doge.

I am not interested in meme coins, since this is a very risky investment that is profitable only at the initial stage of such a coin spinning. If it has been increasing in price for a long time, the investment risk increases very much. This game is not for me. There are many safer ways to make money in the world of cryptocurrency.

There are many assumptions about the emergence of meme coins today, there are meme coins that can make the holder happy because they have a more profitable future in holding the coin. but not all memecoins have such prospects, so to avoid anything unwanted in holding memcoins you should take steps such as following media that informs about memecoins held, such as their telegram group, facebook or twitter. don't be too serious in holding memecoins, because there are still big projects that are more sure of their profits.

Meme coins very risky. Maximum meme coin is scam. They make a profit in a very short time and make a profit in a very short time. If you want to take profit from these, you have to go out again with the entry at the right time. It is best to stay away from these.

I dont treat any other meme coin other than Dogecoin itself because this is the origin of all meme coins and the rest is just pure non sense and just trying to dive in with the hype.I dont see any
real-use case with these things but rather they do just dive in because of the hype thats why people specially noobs should really be careful on dealing up with meme coins and other shitty
projects in the market because if you dont then most likely you would lost up money.

I agree with you that the majority of meme coins are scams. I investigated smart contracts some of them (especially those that contain in their name "dog" like lady doge, baby doge etc) and almost everywhere I saw functions that showed me that developers just wanted to ride the gravy train. They just used the fact that dogecoin was trendy and people believed that meme coins were really profitable so started creating plenty of such coins.

Major cryptocurrencies like Bitcoin and Ethereum were developed to solve real world problems. Meme coins serve no practical purpose, they are created as a way to make quick money. Some have been promoted by celebrities, mentioned in some events, so their value is greatly exaggerated. They have no practical utility or solve new problems.

There isn't any need for investigation. But curious to know anyway, since most people in this space aren't actually devs (and by this space I mean people entering into discussion).

Where are the functions that show this about developers?

AFAIK everyone just copy pastes from Github and then relaunches on another chain or L2.

You are correct, becouse myself is example of this, i invest my assets on Four different meme project,  i know that meme coin investment is risky, but i invested. As a result one project is profitable for me and i lost 70-90% fund from my others meme coin's investment.
But it is correct that many people earned good money from meme coin investment. Also from Shiba Inu i maked good profit.           

Celebrities who mention the value of memes excessively are very common because they are paid by the meme party to say that so that the meme tokens mentioned sound very good and also very good, when in fact the opposite.

By holding a meme coin, the risk that we will accept is very large but if we hold a coin with a very cheap price then it doesn't matter to hold it in the long term because the coin will rise suddenly without us realizing it, especially the more people with big losses then there are also people who experience big profits that trading all things can happen just how we manage our finances for the future.

Correct. Meme coins have no real uses, no clear purposes. This is why buying and holding meme coins are very risky. If someone wants to hold a coin for a long time, it is not recommended to buy meme coins. But if someone wants to do day trading, I think it is no problem to choose meme coins. Day trading is one of the best ways to use meme coins in crypto market. In this way, we are not holding them for a long time.

Agree, Meme coins are really good for trading since its really volatile and have huge daily volume. But becareful of its dump, since its can happen anytime.
Daily trading isnt good, hourly trade probably more suitable for scalping meme coins.

What I think is that these kinds of coins are very predictable to someone who deals with Bitcoin or Ethereum. The pump and dump is pretty obvious and many buyers will only spend minutes during the pump to sell what they sold when the price was low. Meme coins is really what they are, just memes and not really to be made into serious asset. The popularity of these coins was just because of the platforms and because some celebs think they can influence people into buying if they made a tweet or two.

experienced users understand that meme coins are too risky for investments but many newbies want to earn fast and easy money that's why they put their money in such coins as SHIB, DOGE and others.

It is only good for the people who know how to trade meme coins, not really good for all people. As far as I know, only Dogecoin and SHIB deserve to trade daily, I have traded these two coins before. These two coins also have already big volumes in the market. But for other meme coins, I am not sure to choose them for daily trading or hour trading, the price volatility is very extreme. I doubt that I buy the coin at the wrong time, then possibly lose all my money. Because meme coins with low volumes can increase in a very short time, then constantly decrease till a very cheap price.

And it's honestly worked out pretty good for them, so good for them I guess.

But in the long run, this is not a viable investment strategy.

You should only invest in stuff that actually has intrinsic utility and value. Memecoins is merely a speculative vehicle that has been hyped up by the community, and most will die down and return to their intrinsic value of zero in the long term.

Some of these coins have garnered prominence as a result of celebrity endorsements, and retail investors have inflated their prices by extensively advertising them online. This is why, despite their fragile fundamentals, many coins have experienced tremendous growth.

Many investors sell quickly once their prices rise in order to earn a rapid profit.

Investing in meme currencies is extremely dangerous, and it resembles gambling more than actual investing. You might be able to make money if you buy and sell at the proper times. However, it's more likely that you'll lose all or most of your money.

i actually many people don't know about some prospect of the coin before jumping into investment, probably they follows trending and news to make investment. if they truly know about the project they won't invest. during dump some meme's hardly survive the dip and will be very hard to recover.

I think really very risky for those who even do not know basic of trading, this type of coins only run on hype in the market except it no any other factor to grow in this crypto world. But in other hand people who are experts in trading and scalping can get good profits from it but still they have also some risk. So in this case meme is most risky coins ever even than nfts, in this case better to avoid it.

There's no risk that I find it fair, it's like you don't need to work but still get your daily allowance. Basic knowledge to help reduce the risk and if they don't accept it, they will have to suffer the consequences.
As for the meme coin trend, I think it depends a lot on the market movements, but personally I am not a supporter of this trend because it brings too much shitcoin and negative beliefs to the market.

I'm sure those who bought the meme coins are not stupid to hold the coin buy they are just buy it for random speculation and hoping the pump is not over yet when they enter the game.
The stupid one is the one who "invest" on it, the one who trust the coin will growing a lot in the future and still holding them in a profit position.
But people who lost because of speculation, just take it as a lose while doing gamling

Be careful with that altcoin. Goma Shibu creator is already involved in cheating bounty hunters and lying (https://bitcointalk.org/index.php?topic=5360978.0) to bitcointalk community.

Their success is temporary. Just wait one or two months and its price will start a downtrend. If they have cheated once, nothing stops them from doing it again. I think that the best times of Goma Shibu already happened. The project is not extraordinary and dont offer anything unique. I bet that chances of price showing a major growth are low. Only quick pump and dump. But holders must be lucky not to miss that time frame.

There is a ton of survivorship bias in this space.

People think that investing in memecoins are going to make them rich because they see the examples of Dogecoin, SHIB etc.

But for every memecoin that has 100x'd there are twice as much that have gone to the floor. Take a look at Monacoin, for instance.

Yes this is really true. And for new people who are new to this crypto. There is a special understanding for him. That if you invest in meme coin then your extra money should be invested in it. That's what I believe. Look, everyone knows DOGE. But there are a lot of memes coming up right now. And invest using your own intelligence. Start small. And go ahead and understand.

Meme coins are in no way considered a valuable and trusted crypto. The purpose of making it is just to have fun with crypto. But the high price of Doge coins due to Elon Musk's post has increased the noise and attraction of people with meme coins. And countless meme coins have started coming into the market. here Most of project are fakes and scams. So we must be careful of these

Meme coins have been a trend for almost a year and the presence of Elon Musk made many Meme coins skyrocket, after DOGE now SHIB Inu has become a trend, this is a good opportunity to follow the trend and get profit but of course we must always be vigilant when investing in Meme Coins.

The last part of your statement is true invest only to any meme coin if you are ready to risk and lose your money.If the timing was right then profits will be bank away from meme project but if you failed, the opposite will happen, it's tough to recover if the coin you choose don't have the big hypes behind.

Buying Meme coins is something that you are investing the same, like with gambling. The first thing is you already knew that Meme is just for riding and no real use case inside this market.

Use the amount that you are willing to let go and hold for luck to accompany your investment.. ::) :P

Do you consider Shib Inu to be a new trend? I am not sure that it will be long, I think that its price was just pumped some days ago, and now as there are no other reasons for it to grow, it will slow down and decrease again. If you like risks, you can try this game with meme coins, but I would rather you invested in something that is not trendy now, but may become in the future.

You would find it too be weird for those who are really that keen on making out investment but for those risk takers then for sure they would really be seeing this as an opportunity to make money

no matter how some people do disapprove on investing with memecoins.It is actually risky but still a possible thing for you to engage for you to make profits but if you cant bare with

the risk then better to play less riskier which means you would need to stick out into those common top altcoins for you to invest on.

Meme is a joke. Also The meme projects are jokes. even most of them don't have any goals or roadmap.  I don't know why some people still trusting the meme projects. Avoid them, it's really not recommended to invest your money on meme coins as your Investment.

Meme coins are very volatile - that's their advantage. I would suggest you to gamble with them with a small amount of money. If you lost 100 USD - it's not a big disappointment for you. But if you got +500 USD after risking with this 100 USD - that looks great!

Guess the amount isn't as much a problem as percentage of portfolio.  To one person $500 is nothing to lose where as others it is.  What people should follow is don't invest more than a minute portion of your stack in meme coins.  So if all you have only $200 to put in $100 is a lot.  In general steer clear most will get their money swiped and encourage "devs" to make more meme coins.

Sad to say that most of the meme coins here in cryptocurrency business got down when the price value of Bitcoin continue to increased in the market. Only few of the meme coins survive and one of these could be Dogecoin, Shiba Inu, Lovely and more something like that. That is why buying top of the altcoins is a good advise to follow compared to meme coins.

It's a pity that it is always newbies that are always fall for investing in meme coins in a bid to get rich with the impression that the price will likely pump to 100X, 50X etc ,not minding the fact that those type of coins are pump and dump coin, whereas experienced traders who knows their onions will capitalized on the price while pumping and buy at low and sell at high quickly  form of scalping earning profits, research about those coins will save a lot of newbies investing in meme coins.

in fact, there are currently a lot of "devs" who have created meme coins because of the popularity they have gained. After Dogecoin has reached its highest price, thinking about the advantages of owning and holding a meme coin in the long term has become bigger, it makes a lot of people want to buy a new meme coin, and the devs have provided just that. even more so if the current Shiba inu had also provided quite a bit of advantage for the restraint.
To be honest, I also suggest being careful, but if you want to invest in meme coin, you shouldn't focus on it, just buy it and forget it for a few years in your wallet.

If we take into account Shib inu, then I do not think that this is a bad investment, now the volumes of trading reach astronomical amounts for this coin, the token is quoted on all top exchanges.Now, of course, I would not advise you to come in, but in the long term, why not.

Yes investing in meme coins are very risky especially Shiba right now, it went pump so high and it's too risky to get in because it's already reach the all time high possible it will collapse anytime. Many people are really gained profit of meme coins because of the hype but to those who late to invest will suffer a big losses in the future because you know meme coins are pump and dump scheme.

Meme coin is basically very risky, because we know its rise and popularity is derived from the hype. but in my opinion now meme coins can be one of the coins that many people are looking for because of the rapid increase in profit even though it is very high risk but that is the sensation that can be obtained from having a meme coin.

Actually we have to be careful with these types of coins even though many public figures are also promoting and tweeting about them. They may be able to make a lot of profit for us, however, we can also lose a lot of money because of them, they are new and the volatility is very high. Apart from that, I have seen how this type of coin is in the market, just based on the hype. No really good fundamentals there.

Yes meme coins are dodgy and worthless, but they are the 'bad eggs' that refuse to go away. And they would be around for much more years to come. So you have to take your pick and hope for the best. At most don't sink in a lot of money, maybe $100 for starters

This is the thing that we always say for meme coins. They could really be one of the most dangerous cryptocurrencies in this market besides DeFi projects. Because it is so easy to make a really big profit like it is easy to lose a lot of money in a short time also. It is a big risk to take and because of that, I don't prefer to invest too much money into coins like this.

Investors always aiming for profits, with good timing Meme coins, will be able to generate a good amount of profits for your investment.
Too risky but if you manage to invest in the right time and place, your chance to get twice or more of your initial capital is really possible, be very careful and furious in choosing what meme coin to invest and always have a good backup plans.

They're not worthless.

As much as I don't hold any of them and never invested in them, they have a value, specifically in a few of them. We cannot ignore the fact that they have a value and they've risen.

But we'll see if its value will stay for a long period of time and not just pure hype for the few of them.

I wouldn't be surprised why so many people invest and participate in Meme coin, because they want to make good profits, but the multiple growth of this cryptocurrency is very interesting. surprise came to shibainu on bsc blockchain and shibafantom reached their new ATH. now I am satisfied after entering at the right time and exiting after making a profit.

This is good option to exit ar right time. I see many people holding and not selling for 5 years which is not good strategy in meme coins. We agree that many people make a good profit but it's not overhyped and Shib price already very up. Most of the users who invest in memecoin are newbie . Pro user only make a safe trade.

there's nothing wrong with allocating a little of our capital to buy meme coins,
I personally do that because the meme coin is very difficult to predict its movement can go up 100% or even more in a short time
but i don't really expect much for that i just think if the meme coin that i hold goes up high it's luck.

I think meme coins are a good type of coin to buy when they are experiencing a lot of hype.
because so far, meme coins whose price increases are always influenced by hype which causes investors to be interested and take advantage of them
the moment to buy it.
while for those who are late to enter, they only get to clean up because the party is over because people have already taken profit from the coins.
it is better to buy coins with good fundamentals that have good projects in the future. maybe the increase is not as significant as meme coins but at least they provide a sense of security because their project continues to grow automatically the price of the coin will continue to increase.

Yes, memecoins are just pumping and dumping, we shouldn't put them in a long-term portfolio it will make us lose. But its also not a bad idea to put a small amount of capital into them as they can grow several hundred percent in a short time. Speculating on memecoins is like gambling requires a bit of luck, so don't expect much and don't regret if we are unlucky.

From the name itself "meme" it means nothing or a sham- something that was created purely for entertainment. Generally, these so-called "meme coins" have their names being associated with something or someone famous. For example, there was a meme coin entitled "FuckElon" after Elon Musk announced that he will support dogecoin, rather than bitcoin.

The problem with memecoins is that it can be subject to rug pulls, wherein investors would soon exit the project once they reach a certain price or threshold in the market. Unlike BTC or altcoins, these memecoins have no purpose at all, which can be extremely risky for investors.

If holding shiba in the long term is recommended to stake, maybe the current correction will enter the buying area for portfolio collections, I remind you to consider the risk of loss from meme coins before investing because meme coins are difficult to rise without big news and the market is easily fragile due to influence FUD is in the news in the crypto community.