its now losing its value so hard, the effect of the lawsuit wasn't that massive for other coin but it seems it's massive for sui, maybe becaucse the holders are already eager to liquidate their investment and move on, as simple as that, because they just don't see this coin gonna climb up back up ever again, since the price already going up quite high since IEO.
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the recent lawsuit gonna change the tide of this coin for sure, anyone trying to invest in this coin should honestly be carefuly, mainly for the fact that maybe it could lost its value further.
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Not all memecoins have a future because we all know that memecoins were created only for gambling, there is no real project development and the team is also very closed, there is only a community, whoever has a solid community will be the winner.
thats true, meme coin as far as I know usually hardly have any development, they just got deployed and thats it, their main focus is most certainly marketing in which gonna try to grow their community as massive as it can. moreover, the value driven heavily by the community itself.
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if it's being invested by some big venture capital like binance labs, mysten labs, etc i think they are pretty much reliable and trustworthy, there's no doubt about that. but aside from that, you can see the reliability by whether the project are having good technicality in their whitepaper I guess.
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honestly I think it's not worth building anymore, so few actually looking at these blockchain based games because it's just not interesting anymore. the reason being, the game itself mostly are just some not so good games and also the economy that it brings also isn't sustaining, more likely designed for just short term.
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currently it seems that everytime there's minting of BRC-20 it's always gone within a minutes, I guess it's now the hot thing right now. moreover every minting gives good returns just in few hours, this shows the demand that this BRC-20 has honestly.
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the capital required is too much, its percentage gains would mean nothing when investment is less than $500, i think thats pretty valid statement nowadays. altcoin most certainly fill this gap and give alternative options for many, but it's still wiser to just accumulating these big coin just in case if they got significant increase in the future.
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If i can choose, i will choose DOGE for my favourite MEME Coin. Doge has been around for a decade and has a huge fan following. It's the 9th largest crypto in the world by market cap.
but their value is already too high though even if we favour it, if its value is too high i think it will have hard time increasing itself, so I think there should be alternative for investments.
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seems the next altcoin season still far away, after all there has been many fuds recently, now bitcoin coming back to its initial state. I doubt altcoin season will arrive anytime soon, at best maybe in the next year.
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I just guess i liked more the second layer coins that the other honestly, mainly because it helps tremendously in term of reducing the fee of ethereum. and also the fact that it uses ethereum for its gas fee unlike other blockchain, also the fact that their token are really good for investment.
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they'd at best make their own currency that's just like balance in a platform. like many have stated, regulation holds them back, and also the money needed for research and development also gonna be massive. but again that gonna be interesting if that truly happens, twitter i think is, the closest to implementing it honestly.
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Nothing is impossible in crypto, so definitely possible PEPE can overtake SHIB, but it’s can't be predict when it will happen. Right now SHIBA is big market cap around 5 billion dollar, also high trading volume, on the other hand PEPE is 500$ million total marketcap less than 8x-9x from SHIBA, but it’s new coin and currently market trending.
but I doubt it will be the next shib, even now the hype has subsided, it didn't even have anymore rally and it's rather short lived coin I guess, the trend of this pepe is just not that massive like shiba inu back in the past where even the market capitalisation grow without even a break.
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speaking of the truth, you will never know when is the bottom, what you can do is, after some massive correction, starts your way from there, make accumulation since it's quite good entry anyway, i doubt it will not be bountiful investment for the future.
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i would never trust meme coin that did presale, they should do airdrop and see whether their meme coin gonna thrive, presale is a big no, since usually after presale, the devs just don't give a shit about their meme coins at all.
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Polygon is so cheap and fast to use for "De-Fi". The sidechain has so much potential to take the world by storm. By taking the security of the main ETH blockchain, Polygon becomes a better choice than competing platforms like Binance Chain and Solana. Yet, the coin (MATIC) is trading below the double-digits. That's surprising to me, considering that the sidechain is quite convenient for day-to-day payments. If you compare fees on Polygon vs Binance Chain, you'll notice the former has the lowest gas fees. All Polygon needs is hype (mainstream demand) and it could soar all the way to the moon. Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I dont think matic can goes to $20 even in the next bullish cycle. There are so many interesting project like polygon. The 10 billion total coin also whats holding it below $10. Maybe 2030 when matic burn a lot because of its gas fees also with the dollar hyperinflation. that's true, its total supply seemed just too much, even reaching that much of a valuation will definitely requires so much money to be invested in the project. not to mention the fact that currently the value is plummeting, i don't think matic could actually eventually reach such height in their price honestly.
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like many have said, there's no sure way of knowing, but usually coin that is a meme coin which could give good returns always have many supporters and usually get massive rally at early phase, so you could judge which one of them have that characteristics that could help you determine which coins are actually gonna be the next big meme coin.
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What's up with all these AI projects lately, I have seen a rise in this development and this could become another hype that could lead to losses for investors and this have a bad negative effect on the market, because I don't know why I don't feel comfortable of all those development and it seems that this will also fail within a short period of time.
most of these AI projects actually have little to do with AI themselves just borrowing the name for the sake of gaining attention. i mean i couldn't see their AI practical use, and their coin is just getting used as a tool for dump and pump nothing more.
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possibly, there has been some massive profits from just minting and investing in some of the BRC-20 token released which means there are some that eager to invests in these coins. I think it could be the next big thing but we also know that trend is always changing.
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investing at the time when their value plummeted is always good, but sometimes their potential overshadowed by some newer coins though. i'd say rethink twice about investing in them if there are some newer coins with significantly better potential.
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Sometime between 2020 and 2021 the crypto market was going through a bubble so the price of each asset was sky high. It just doesn't make any sense. I had bought some assets that year but I had a loss so I decided to keep my assets. I see this year the cryptocurrency market is improving little by little and I see this is not a bubble like in previous years.
it does resemble of a bubble honestly but with some niche coin like meme coin and some layer 2 coin the demand was quite high with these coins. that proven by the fact that currently there are meme coin trends and some layer 2 hype which increase the demand so high.
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