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The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

DOGE, SHIB, and SafeMoon was yesterday's memecoins. Today, Solana memecoins became quite hot — BONK, WIF, etc.

Memecoins can be GREAT buys when at the early stages of bull markets, as they can go up in huge multiples real quick. The difficulty is in picking the right memecoin, and setting sell targets as to not roundtrip the entire position.

I don't think there is anything to research much about the project beyond the community support when it comes to meme coins. Everyone who throws some money into the meme coin wagon with the hope it would become the next Doge, Shiba Inu and etc but we never know until it happens so memecoins are nothing but gamble.

they are great and a favorite during bull markets because that is where most of the pump and dump projects are.
so the right time to enter is before the bull and exit when the bull is about to end.

I think the stories where a lot of people have managed to make money with meme coins are getting more exposure to non-meme coin investors or something. It's mostly like how they manage to get more out of it. Now that there is fast information out there, it seems like a lot of things have indeed made their way into the crypto scene. A lot of people are really asking for those "alpha" stuff to get ahead of the market. It's still best to invest in known projects and you should invest what you can afford to lose.

The surge in meme coins does not mean anything if it is not reflected in the use, development, wallets and every structure of these currencies. Meme coins have increased a lot in terms of market capacity, but market capacity is not everything because it can be easily controlled by manipulating demand and exaggerated investment to promote increased supply.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.

i don't see fomo like last year when most memecoins experienced a rise simultaneously, not all meme coins are like that now.
because their hype is no longer there, instead new tokens are taking over for now, such as manta, ondo, sqr, and altlayer which will be listed next week.

Bitcoin has opened the door for every crypto coins to thrive in the crypto market, as Bitcoin adoption is increasing investors sees it's reputation and profitability in bull season as a reason to invest in alternative coins, and most of them don't carry out any research before buying. So memecoins surge is expected because of the coming bull run, more people are coming into the crypto space, but they should be mindful that not all memecoins are worth putting money into, therefore they should learn how to use the golden word "research" before investing, because there are lots of scams to manipulate investors.

It's mostly just checking some minor metrics — number of holders, social media following, number of mentions on Twitter, that stuff. That, and it'll come down to gut feel — how highly likely do you think that that certain memecoin can reach virality? The latter part is where most people get it wrong, hence why there are a lot of people that lose money on trying to guess the "next big thing(memecoin)".

Dogecoin is the king of memecoins that has been in the crypto market for quite a long time and is even Elon Musk's favorite coin. How could it not soar high, Doge is always supported and idolized by great people. Doge is not just any memecoin, but Doge is the beginning of all existing memecoins including Shiba Inu which also followed in Doge's footsteps with an extraordinary increase. But the many memecoins that are appearing at the moment only take advantage of the popularity of memecoins and in the end will only be abandoned when memecoin makers make a lot of profit.

Doing your own research about meme coins is also risky to me because I do not actually know the basics by which one will research the meme coins. We all know that memory coins are hype driven and it is not many of the memory coins that have utility and a very good road map. All the memory coins depend on the contemporary hype in the cryptocurrency market about them. This is the reason why the meme coins of yesterday that you listed above are no longer the meme coins of today. Yesterday it was dogecoin and Elon musk and letter on Shiba inu came as a dogecoin killer. But today those hypes are gone and we are currently seeing another phase of meme coins such as the bonk and the likes of them. This is a clear example that meme coins are just like gambling and when you miss your timing to join the bandwagon, you will be swallowed by the market.

I do not think that they are once actually a lot of FOMO last year. The hypes and the fear of missing out was actually in 2021 and that was the season of the bull run. It is expected that in this year's body run there will be quite a lot of hype about the meme coins. This could be the right time to join the market.

Soon or later meme tokens trend will be declined. "Everything Seems Good Until It's Not"
Same as crypto ponzi booming between 2013 to 2014, ICO madness between 2016 to 2017, NFT booming 2021 to 2022.

Early buyers will always get the advantage, remember PEPE token?
It only bring profits to the people who bought it between mid April until early May, with note: they dump it before May 7th.

https://www.talkimg.com/images/2024/01/19/3bFPH.png


And this is SafeMoon chart, oh yeah with a bonus "SafeMoon executives were arrested by DOJ in a fraud investigation" lol

https://www.talkimg.com/images/2024/01/19/3bNjg.png

Always think twice when you decide to jump into this scheme. Late is not an option, no matter how good the hype of that token.

It's natural and this is the art of the market with its volatility, if all the choices were the same they wouldn't attract attention. Yes. Meme coins always make people's hands itch to sell some of their favorite assets for sale and how to participate in the meme coin frenzy to some extent and if I pay attention People are by far the most interested in shiba inu but that's just my opinion but all It also goes back to market behavior and investors' perceptions whether it will rise or be normal.

In the altcoin market investors are always looking for new trends, and meme coin was popular in the last bull run but i don't think it will do the same kind of thing this time as well. I have seen people who are still investing in new meme project because there are still the same kind of craziness among the new investor who don't understand the technology and business model. These people still got trapped in the meme project and lost their money. The only meme project that can survive the next two cycle is doge and shiba inu. The rest of the meme project can be found in Graveyard.

Op try to look your account and see if there's
an  duplicate topic cause in my phone I saw that this topic by you is already posted below in this thread so meaning there's a duplications of this topic and if that is proven by you then you can lock one of these thread so that only one thread is favored to reply. But anyways  for me I'll not trust me coins 100%. I know there are chances that we will get some by meme coins not all but it's hard to put our trust again.

its all just fun trying out these tokens just as the pump and dump tokens in yobit longtime go. you just have to be very alert all the time before the crash or you lose the money and its no fun after that.

those investors know these are just shitcoins so if you are factoring real usecase to projects to invest, meme coins are not for you. you best just move to the coins that are serious and have no room for rug pulls.

To get involved in the first bull of meme coins is by luck and by determination which involves trust. Some people are doing extensive research about each project before they invest in it, while some people wait till the time the project start gaining recognition before they invest in it.
Meme coin surge usually cause FOMO among newbies, once they miss out in any of them, they will go ahead and invest in any coin they told them is a meme coin even if the coin did not have potential, as a result they fall victim of people that will lose their money to anyhow project.

It is always good to know how to do good research about any project you are investing in especially in this period of time where many people are coming up with coins just to be among developers even is the coin did not have potential.

The surge in meme coins is indeed astonishing and surprising. I believe the primary reason for this hype is the potential for quick profits within a short timeframe. Meme coins tend to grow rapidly and are relatively inexpensive, making them highly attractive for investment. However, it's crucial to be aware of the prevalence of scam projects. Differentiating a worthwhile meme project in its early stages can be challenging.

In previous years buying of meme coins was more risky but now due to success of some meme coins every coin is acceptable by the crypto users but i think that not every meme coin can be worthy and have shine future therefore don't trust every meme coin as they can become a cause of your loss.

Now a days Solana is getting more attention because of huge pump in little duration but we still don't know that what will be its future because meme coins are shining once sometimes and then never shine again so we hope for the best and leave the rest on the market condition but I think if we invest little sum in meme coins then its not a big issue because meme coins also show success when Bull season comes.

Meme coin, alt coin can be bought by everyone i.e. those who have less money and who cannot afford to buy bitcoin.  But those who buy it often get greedy and lose everything.  Greed should be avoided.  Before investing in these coins, one should think a lot and withdraw only if there is a small profit because there is no trust in them.  I would say it is better to save money and invest in bitcoin.  If you understand the value of money, I hope you will think before investing in this coin.

Yes recently Dogecoin is making wave in the cryptocurrency ecosystem space and it is doing well in the market. And as you said even though the coin is doing well there need to make some research on it so that you make your plan very to invest in it. There is no altcoins that is risk free but there are some that you can trust and make good investment from them Dogecoin is one of them and Litecoin as well.

Most of the meme coins have surge to the high level and people are investing in them to see what will happen in the next bull market.

This is a seasonal token where you can make a lot of profit, the risk there but it can be rewarding as well.
Once you are able to catch a good meme token at first and that token pumps 100% then that can be a good profit to you. Some succeed on this while many trap on this, so its a matter of timing when you are going to deal with the meme token and make sure that you can handle it or else you can lose everything.

I don’t really fancy meme coins a lot because of how volatile they can be in the short possible time they exist in the market. It is true that people become rich overnight through their investments in meme coins but if you miss out on the entry point when it is still at its lowest, you won’t get the chance to benefit from it in the long run again. When investing in meme coin, it is necessary to know your entry point, check how it has performed in the market in the past. You can also tell if it has any more potential to grow again or now. Most of the meme coins you’ve mentioned have already had a full blown bull and may only experience a little even if it will add to this when the bitcoin bull run season approaches.

The move to invest in meme tokens for me is a very risky one as you have no idea if the dev team behind it will play a trap to its buyers.
Most of the time, they are creating such project just to siphon the funds from naive investors.
And once they got a hold of some of these funds, they will be missing in action and disappear without a trace.
This is the dilemma in most short-lived projects, they are only for short-term gains and don't care if they screw somebody else's hard-earned money or savings.

Actually for the memecoin problem I don't think we should be too bothered with what we call research because in the end the situation remains the same where we will only be able to succeed if we happen to be in a project that will be pumped.

The old projects on memecoin are not as active as before so now the focus may be on a new project and of course some names like Bonk which some time ago the hype was even very destructive because apart from those who benefit on the other hand there are also those who are and lose being there.
But that is the risk when indeed when talking about shitcoin projects like this, the biggest risk is loss if we do not know the approach taken and only buy when the hype is already underway.

This frenzy comes as soon as the meme coin becomes a trend and achieves the necessary hype through interest and significant adoption, and after attracting the interest of investors and whales and being highlighted by the media and news. Each meme coin that you mentioned had a time of special hype and popularity, including the Pepe coin. It's worth noting that new meme coins appear over time, and the old meme coins remain marginalized and inactive due to their lack of enthusiasts.

People want to catch the big wave, and this is true, in the hope of achieving significant gains and being among the first investors to buy large quantities of the currency at opportune prices. However, there are those who fall into scam coins, invest randomly, or may be tempted by their greed to invest huge amounts of money in these shitcoins. Indeed, investing in meme coins, in my opinion, is a game of chance, and only a few investors may succeed in the end or choose promising meme coins wisely.

Who's ready for the next bull run? Ofcourse I'm ready and will take in anything yo fit my style in the system. We have memecoins that have driven to become more better than we could possibly think of. Dogecoin is mainly one of the popular memecoins that have done quite good bull runs. It's step by step to our achieve our goals, we don't underestimate our plans of succeeding without making proper planning in the system. Memecoins are the top trends in the market and we can only survived the system if we follow the winning team and not beckon some sole predicted projects aimed by top whales in the system.

Remember when the first time memecoins was so popular? It was because someones tweet in twitter and suddenly the price was rising really crazy like not other days. And then community just taking the advantages to maximize the potential of these memecoins hype by making more new memecoins starts from SHIB and so on until today. There are already lot of memecoins out there.

It's been like this since the start. People will follow any viral and hype stuff because they think they can follow that and have the same result like the others. Yet they are disappointed with the result because they just blindly follow them without doing any research and even they didn't know what the hell they are doing from what I am looking in my place.

What is this?

You are spamming or just making a mistake when posting, please pay attention if you don't want to be flag.

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Coming back to the memecoin issue, let's be realistic that the few that get the big hype and attract people's fomo, and the risk of getting bigger isn't always worth the risk. I assume it's like gambling and is less about luck and actually more about the risk of losing money, when the memecoin space has so many crappy options. Sometimes some people talk about their strategy, ok fine let's send that good thing to their family to enjoy.

Yes, they are supported by the strong power of social media, which is so broad that it has become a favorite of many people on social media with its wide reach, giving rise to a positive impact on coin memes which show a sustainable trend. But be careful with new meme coins that resemble trending meme coins, fraudsters can often take advantage of the situation to get your money

There is no such thing as "cannot afford to buy bitcoin" but can afford to buy memecoins and altcoins in general. Bitcoin is very divisible. The only instance where a person "cannot afford to buy bitcoin" is if you literally living paycheck to paycheck.

The meme coins have always been wild. It has always attracted customers in a fomo like way and immediately dies after like a couple of weeks, maybe even days. If that isn't wild, then idk what is. A lot of opportunistic people take this as a time to attack late investors buy artificially inflating the market which attracts said late investors. And while I understand why some people still invest even if the coin is like already 50% up, it's dumb since any meme coin that has a gain like that will always drop sharply so expecting any gains from it is pretty obvious.

I know people want big profits buy they should be prepared for big losses at the same time. I prefer relatively stable investments in comparison though. I think I only tried Shiba  or Doge once or twice before?

a lot of people benefit from this meme coin. and indeed the meme coin craze can really make someone rich quickly. but it is worth the risk if this coin has not shown significant activity. it could even be a loss because it is stuck at too high a price.
that's why I prefer to play on altcoins that are more stable. even though it doesn't promise high profits, it's enough because it's not too risky like memecoin.

Yes that's right sir, important people in the past have pointed out that meme coins are worth buying because their potential is better than shitcoin in certain oracles in the past, memecoins today are still given a good market share until new ones appear with good sales such as memecoins discussed above, meme coins are also founders and tokenomics are not all anonymous and that's a good effort. Maybe a few people are buying memecoin today because they are hesitant at such a low price that they have forgotten the potential of meme coins in the past such as doge and shibb.

People who are already left behind with these conditions choose to queue in the cex market at a price that is probably X10 from the first meme coin being introduced, I don't think it's too allergic if you might want to try 1-5$ and I think that's enough buying steps for trial rather than regretting when meme coins start to be trusted and there are crowded queues. for me treating memecoin like tading in general is very appropriate because if it is called gambling only meme coins make sense, rather than betting without technical basis.

A good project does not take time to gain popularity and it is not a problem even if it is a meme coin. People get huge profits from a best memecoin which is why they rush to buy meme coin. Not only meme coin but your investment needs to be more researched if you want to be the best. For a project to gain popularity there must be a lot of competition because there are a lot of tokens in the crypto market, so the development of the project must be at the highest level.

I have stop indulging into mem coins long time ago because the biggest challenge here is choosing the right coin, we only see Doge, Shib, Safemoon or bonk but we don't see the number of similar projects which couldn't make it big. I am not trying to potray a negative image but I always think why to risk our investments into meme coins which can make us poor anytime if they dump, rather why not choose some projects based on the services it has to offer us because they have better chances of survival.

But there are some risk takers for them meme coin would be perfect but once again I am stressing the part of selecting the right coin.

Well memecoins are products of memes which are very trendy and are usually followed or backed up by a community from where that meme originated from so it is not a surprise that a lot of people even those who are not even that familiar with cryptocurrencies invest their money in memecoins just for the sake of it

Those who are well knowledgeable about cryptocurrencies take this to their advantage and try to make profit

Thank you very much for your observation and contribution .. I’m not to familiar with navigating yet..: but I’d see to it

Meme coins are the new elaborate ponzi. I don't mean to say all of them are scam but 99% of the new coins are introduced as a pump and dump coins.
I have been on memecoin communities and follow them actively. The developers there boast about how high they made their last coin pump and how high they expect to earn from their next coin coming next week.
Meme coins specially the new ones are pure gamble, and if you want to invest long term, you should avoid new memecoins and rather focus on coins that may have an utility and use case in the future.

Seconded by me….. this solely depends on the whoever wants to buy. Most people feel earning money through bitcoin is kinda slow so most people follow trend… whoever can afford meme coins can strategically and logically afford bitcoin too..
My opinion though

Meme coins are mostly independent of market and sometimes when btc and other major coins dumping. When market start dumping then big whales convert token to stable coins and then enter in any meme coins which bring any meme coin to the top trending in Dextool and then we see a high pump in meme coin.

Memecoin at the start was just looking scam but now it becomes trend and no one feel fear while adding in big amount. In crypto our main goal is to take profit regardless of which side it's coming so far we doesn't break any rules. I think Memecoins are same like other altcoins but with high volatility. Big risk= Big profit or loss

You need to invest in any meme before the massive hype. And in order to invest correctly, you need to study this market very well. When we see constant shilling coins in news, videos, advertisements and so on, it is usually a process of feeding stupid hamsters before the price drops.

Can't deny the fact that (some) meme coins are truly hype which people love it and enjoy making some profit. But we should be wise with them, can't hold these coins for long as the hype won't take longer as well.

Still, we need to take extra caution in choosing them because not all meme coins are meant for such extraordinary pumps. Following social media is a helping tool to determine what is next to pump but still, research is very important always. Too risky choice but why not take the opportunity of there is, we only don't hold them.

The "meme" coin craze is one that will quickly fade away into oblivion. After all, such coins don't hold any real value or purpose in the real world. It's just speculation. People missed the Dogecoin train and now they want to buy similar coins with the hopes of getting rich quick. But that's not the way it works. We can never tell which of the zillions of "meme" coins available on the market will be the next one to "pump" all the way to the moon. Any coin can randomly experience a surge in price because of many reasons (including but not limited to a celebrity endorsing a coin or even the launch of an airdrop).

Getting into "meme" coins would be nothing more than getting into gambling, imho. Just because Elon Musk endorsed Dogecoin, doesn't mean it's worth the long-term investment. People are foolish enough to invest in something driven by hype than solid, concrete results (real use cases). Who knows if most (if not all) "meme" coins will go all the way to $0 soon? :D

Well with the market sentiment I prefer legit ones in terms of this time. Yes there are profits that can be generated in meme but its a risky gamble though as some of these are likely money grabs and only those who are supported by lots of big players, whales and influencers are gonna survive or make a hype on that. All other else think of it as scams or will do rugpull.

And after this thread, memecoin industry become so bigger than excepted within months. There are many new memecoins already launched in market and belongs to top100, can't imagine how they manage such biggest marketcap and how they manage to reach at such position. BOME, WIF, BONK, PEPE are on the list which are another example that memecoin change your destiny and that's why the investment racing in memecoin tremendously increased. So that people could catch the next waves of million dollar

The surge started when Musk hyped Doge and continues to be so, but this year it is different they are now invading other chains, and many developers come in and focus on meme coins because it's the easiest to hype and there's a market for this.
Whales and promoters are looking for new meme coins to hype, small investors are looking to make money so the meme will continue to surge.

Memecoins are easy money grab in my opinion but some people are treating memecoins as if they were all guaranteed success. And it’s bound to get repetitive and quite annoying to have someone trying to build up hype on one coin fully knowing it’s not going to lead anywhere


It’s what I always say I don’t see how memecoins can harm the overall crypto community but I definitely see an opportunity to gain money so while it’s here then just take advantage and if it ends up dead then at least you got your fill

As we have known already about this concerning memecoins to have high volatility and market risk, if we invest in any, we are likely to loose or gain from it, but if  we are not serious in what we are investing on with some of these memes, they can come up with high market demands and sell fast and high to discover that the opposite of same is what has been seen the following day, which is how risky they could go or be.

Investing in Meme Coins is high risk and it is the right decision to proceed with caution. Investing in meme coins can be highly speculative and risky due to their volatile nature and lack of intrinsic value. Although they may offer short-term gains investors should exercise caution and do thorough research before investing in any meme currency. Check out the project's whitepaper the team behind the coin, and community engagement consider diversifying your investments.

There is no doubt that memecoins are risky to buy. There are lots of memecoins keep launching daily and all of them are going to give you profit. Even most of them great temporary high and will ended up with scam. So keep trying memecoin investment will make people poorer rather than make them rich. But people are too serious about memecoin and that's why don't think about loss but invested in memecoin with this dream that it could make them millionaire

There are so many meme tokens that are doing well in the market and we need to be prepared and take proper decisions that would aid us to make money from the market. Cryptocurrency has so many coin nitch that we could invest our funds without any problem or difficulty but it is also advisable for us to keep observing the market so that we could know what coin worth our investment and the one that do not worth our investment. There are so many things we could do that would aid us to earn more in the market.

MemeCoins are lucrative coins that if you could stay active and updated on the coin trends which is to say you can be earlier on to invest on it before it catches its break, and also your endivoirs to figure their potentials and then you inputs your initiative to build up an asset in any of your choice of course there you'd make exceedingly amazing in it but you must not be relented to be told before you keep greeds aside while investing.
Don't also be tricked by the hyping of the coins to invest what your emotions can't bear to lost.

To be honest, I believe meme coins are not worth investing in, especially if someone is investing large amounts in them because you can't take that many risks, they are not guaranteed to provide profit to every investor and only a few out of hundreds of meme coins manage to gain enough hype and popularity to gain a good price which means that you have less than 1% chances of making some profit if you are randomly investing in meme coins out there.

When we talk about research, no matter how much research you do, it's not going to help you decide which meme coin is good and deserves your investment because research and analysis can help you only when a project has something to offer but meme coins aren't among those.

I agree with you. This is an important point that meme coin fans should pay attention to. Meme coins have no fundamentals so there will be no technical analysis or tokenomics for meme coins. Even meme coins like Rats coin don't have a whitepaper and are just created for fun. One just needs to analyze the trends and hype on the project. I invested in Bome after listing on binance and as a result I lost around 60% to date because the listing price was much higher than the current market price.

I agree with this, they are definitely not worth investing into and people should stay away from them as much as they possibly could. Too many people think that there is money to be made from these stuff, and I believe that we should see the reality and how we can't really make any money from these meme projects. Maybe you could trust them, but I would never trust them, and I agree with you that they are just hype projects that will only go up during hyped periods but they are not good.

What I look for in a project before I invest is development, something that it can add on top of what I already invested into, and what meme projects provide is a new meme that is different meme than the other project, doge and shiba and pepe and ape, they are all just same stuff, with different meme name, that's it.

It seems impossible to see meme coins increasing, but in fact memecoin is very popular at the moment, but whatever it is, I personally am not very interested in this situation, because in my opinion memecoin is not worth investing in because it has a very high risk, for that I suggest to Those of you who play memecoin should always be careful of things that you don't want.

If you have the money to risk it, take your chances. What’s worse, you’ll simply lose the money you already prepared to lose. But this doesn’t mean you should go and throw your money. Don’t proper research and know what method you’ll use to scrutinize them. You should also bear in mind that it’s one thing to invest in a memecoin that will blow up, but it’s another thing to know when to hit the sell button for that memecoin (in cases where need be).

     I think it seems that the hype about meme coins has decreased, because we know that recently the meme coins under the SOL network made a bit of noise, like WIF and BOME, but this time it seems like it has been quiet for awhile in the market.

     Now the communities that don't know much about these meme coin investments are still interested in meme coins that are small in capital but can earn a lot in the long run, right?
Where until now these are the thinking of the most community investors about in meme coins.

Well there is a meme coin I am now looking at to add to my portfolio. That is the Cardano meme coin called Snek.
It did just see big gains for its investors. And it now has announced partnership with crypto influencer Max Maher.
https://dailycoin.com/cardano-memecoin-storms-the-market-why-snek-is-blowing-up/

Investing in meme coin is risky but not only meme coin there are a lot of old and new altcoins that is very risky but has a big return if we are lucky on investing into them the meme coin is risky because anytime it will drop down or become shit coin, but if we are lucky and after we buy it there is a hype then we will surely earn 10x of our investment, i am still buying meme but not a big volume to avoid big lose of ever it will drop down.

In my opinion, you can just compare some memecoin like Safemoon to other ones which have proven to be more reliable and keep a solid market capitalization though time.
The reality is most of memecoin eventually suffer some decrease in their value which makes them to be almost worthless, in comparison to their initial value during their launch, that is the case of Safemoon and other similar to them.
If I was going to speculate on memecoins I would not go for coins which are pretty unknown for the average investor, instead I would go and try Shiba Inu, Dogecoin and nothing more. They have been resilient enough not to get flat lined months after their launch, after all.

Also, keep in mind, many scammers and deceivers take advantage of bull runs like this one in order to fish investors looking for the next big coin. Do not put much of your money on a rug which is likely to be pulled when you less expect it..
Have anyone of you heard or read about whst happened to the squid game memecoin? It was quite popular, obviously, but as expected it ended up being a scam.

Be careful with your money and use common sense.

I don't know if people are attracted to meme coins these days like they were in the past when Dogecoin, Shiba Inu, SafeMoon were hugely popular. Currently, with a lot of research analyzing a meme coin, the success rate of investing in that coin remains speculative. Solano meme coins have been in discussion recently, it is difficult to say which coins will perform in the short term and which coins will go long in the future. Finally, meme coins become annoying.

regarding meme tokens, These are seasonal tokens where you can make a lot of profit, there are risks but they can also be rewarding. Once you can catch a good meme token initially and the token is pumped 100%, then it can be a big profit for you and Suggestions me, if you are already making a profit from meme coins then get out immediately and don't stay any longer with meme coins.

Meme coins are created just for fun as they don't have any usecase and are not backed by any good motive. Meme coins are risky as well as considered high profit returns. I personally focus on PEPE when its price was low, but did not invested and the price suddenly pumped 10X or more, but now its again drops, which is a good chance for Meme lovers to invest.

its great for people that likes to snipes latest meme coin like the latest meme coin that is manekin its going $200 million market cap overnight.
thats already crazy on its own considering that this meme coin just come out of nowhere, if you observe from the wallet that interacting with swapping of the meme coin you will find out that some people flipping $700 into hundred thousand dollars overnight its crazy it remembers me of another meme coin thats trending in solana.
the fact that they could get that massive market cap with literally no fundamental is already ridiculous now added if they got listed in binance then they can easily reaches billions just like how book of meme and so on.
I guess meme coin trend will just never end, its always there in every bullrun, wonder how many people become millionaire from investing in meme coin this year.

I agree with you. Basically meme coins are created just for fun and they don't have any fundamentals. Only coins are created in the network and then attract people to buy them. Some meme coins are successful because they have strong communities. I don't know how the community formed but I think meme coins are highly speculative and we can't analyze meme coins to estimate their potential.

 although dogwifhat is driven by speculative interest involved in fairly good governance with limited supply by maintaining its identity which is the key to success but even so, sooner or later it will definitely decline also because investors who think about looking for profits are too hasty so they have to do research good for any project before they fall and create challenges in themselves that are difficult to overcome with more careful thinking.

They're also meant to enrich developers/token creators. Foolish investors buy "meme" coins only to get ripped off in the long run. Totally not worth it, imo. The recent surge in "meme" coins can be largely attributed by the hype surrounding the crypto market.

If you're fast enough to take advantage of the "pump", I'd suggest you sell your coins before it's too late. When "meme" coins dump, it's the perfect time to buy more. Never rely on them as a long-term investment, though. The crypto market behaves in many strange and bizarre ways, so expect the unexpected. ;)

I agreed with you op.. Memecoins are risky. Some memeocins truly pumped a lot and that's very surprising as well as opportunity for crypto investors to change their life. But not all memecoins are going to hit the millions of dollar right. Most of them scamming people and people let them fall in. Even most of people don't hesitate to keep investment in memeocin even they already lost lots of money. That's the bad thing in memecoin which should be stopped. People should be really careful