I think this year in crypto is literally different from the rest. I don't know if it's just me. But do you guys notice that there have been a lot of airdrops done lately by wallets? It all started with JUP then I think it was maybe they're trying to mimic the way Uniswap did when they launched but it seems very different this year. I was going through my notifications as I do usually in the evening then I saw this news popped out. Lol, never did it occur to me that Bitget will have their wallet token more or less giving an airdrop for it... You can read it here: https://cointelegraph.com/news/bitget-wallet-launch-native-token-1-year-after-30-m-raiseI mean, I know I am very familiar with their exchange like I do with other exchanges (Binance and Bybit) and they're known for so many events but when it comes to wallet, I never give it much thought. Anyway, I want to know from you guys who have been using exchange wallets, how good are they. Is it the same as using Uniswap and Solfare? I know I'm very familiar with these two but I do prefer using Solfare due to gas fees. Phantom is another good but it lags in my phone and it is sometimes slow. So, Has anyone tried using the wallet? Because I want to give it a try. And the airdrop won't be bad if I give it a shot too. But most importantly, I need something that supports different chains like Phantom. Because as For me I think is best to look into those that will make your trading skills and crypto buying easier airdrop going on.. |
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I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this.
An altcoin is anything that is not bitcoin. So technically, everything else that is not bitcoin is an altcoin, regardless of token category. But yea, memecoins pumping isn't really a surprise, because bull markets always bring out lots of stupidity and ridiculousness. Just make sure to exit when things get too exhausted. I always exist when I know I'm ok. Either in losses or gains. Menecoins are usually ridiculous things that makes people buy it. Have you check IQ50, if you have you did see it is so uncalled for but yet people buy it because it seems funny |
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One of the reasons I'm writing this post is because most people complained about missing BOME. Ok, here is another one "$SNAP" It just went live on Bitget just as BOME did and another one IQ50 will be listed any time soon. You know what memes are made for? HYPES!! As is listed, it will be hyped. So, play your game well and don't be a liquidity... If you notice the price has top, just leave it!!
I will never again be interested in meme coins even if they are said to have returns of up to thousands of percent, like BOME. Only early investors make a profit. And then the meme coin will just be a useless coin. I know there are people who profit from meme coins, maybe even one of the members on this forum. But I personally don't like meme coins after experiencing significant losses on Rats, Coq and Bonk. I know it's my fault for not being able to timing the market but a coin that lacks fundamentals will eventually just die by itself. Yup, I did gained from BOME. But, I completely I understand your point. Memecoins shouldn't be a thing we ape into during the hype. Rather, is best to go in when the hype is very minimal as that's what memecoins depends on |
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More profit but also more loss. Meme coin is a double sword which can give you vast rich or extra poor outcome. All those astronomical price gain is due to its liquidity that makes them very volatile compared to other altcoins that’s why it most favorite tokens to trade by whales since there’s a lot of dumb trader trying to ride the wave while whales are using them as an exit liquidity.
Only those who have an insider connection to the team always first on buying this token while the rest is just playing a dangerous game of sinking boat. There’s sustainability on meme coin which means this gain can be erased anytime.
The losses that involved in the memecoins are more higher than the profits that involved, which many altcoins investors don't know because memecoins are not like those potential coins you will embrace in the time of purchase and have a comfortable believe that you will achieve something reasonable from the coins. If you use the price to determine the future of memecoins in the market, I think it will make you feel uncomfortable in the future because you will not see anything that will be giving you hope that the market price will soon change for you to release them to recover your capital. Why can't you invest the money to Ethereum that many investors are use to in the market, because it used to caused their investors to make passive income. I know that the losses are enormous that's why I don't hold them long the way I do for Alts with potential. If you read through how I did for BOME you will notice I sold immediately the hype. Then, invest in good alts, then Btc That's why is good to always have a cex that gets to list both memes and Alts before others. That's just my luck |
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Hey! First of all, this is not financial advice yea!! I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this. Here is the discussion. You can read through https://bitcointalk.org/index.php?topic=5489134.msg63814046#msg63814046 One of the reasons I'm writing this post is because most people complained about missing BOME. Ok, here is another one "$SNAP" It just went live on Bitget just as BOME did and another one IQ50 will be listed any time soon. You know what memes are made for? HYPES!! As is listed, it will be hyped. So, play your game well and don't be a liquidity... If you notice the price has top, just leave it!! Note: THIS IS NOT FINANCIALLY ADVICE, IS JUST ANOTHER RISK I'M TAKING I DECIDED TO SHARE |
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Op all depends on the time, plan and period of the investment. Hypes are to implement the profits of the memecoins but even at that I still take altcoins. Altcoins are more profitable then memecoins. But that can happen if you are investing in short or long term. If it is short term then you can invest in memecoins and if it is long term then I advise you to invest in altcoins. Though not all altcoins are good to invest and likewise with the memecoins and memecoins are even the worse.
Most of the memecoins are from Ponzi Scheme family so they are not last. And also people lost money in memecoins. So be careful with them.
Memecoins don't last and we all know what and why they were made. Not like I'm supporting them, but in all honesty, they give quick money. If I did want to invest my money without my heart skipping then I'll option in for alts, exchange token like BGB and bitcoi because I know my money won't lag In any of these. This one is just an extra profit to make in the meantime |
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First thing I do is;
I go to Dexscreener then CMC, to look at some solana memecoins and see their movement like BOME just bought it. I never knew it will go that high and get so much attention and become one of the Sol top meme then its listing on Bitget has made it surged over 700% or so and then Binance announcement on having its derivatives available made it surge more. That's one beautiful thing of buying a memecoin before the noise comes in.
Indeed, many good opportunities will be missed but don't regret other opportunities that will come. But, That's one real example if there is good news that continues to come into the market for that token, Yes. I also saw it in several media that the token is a trending topic for meme coins at the moment. Now. Whatever the first buyer there is a king and the first one to smile feels the take profit of course and don't forget the loss moment if you enter now it's a mistake to get caught up in fomo or hype because this is a mind game where if you want to enter the market now you should just wait for a correction and this really requires patience if you want to buy the coin, Yes, meme coins is about getting early or entering when the hype just started. If you get in when is already priced in, my dear, you will be the sell liquidity. That's where the mind game comes, and that's what many did including me |
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I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins.
Then again, these comments made me start thinking. Are Altcoins really memecoins and why did you think so?
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Less bullish than the last bull market somehow. It is because bitcoin becomes less and less volatile as time goes by. A target of $80k to $100k is a realistic expectation for bitcoin in this current bull market and the next bull market will be even less exciting. (Around $120k maybe?) If you want high volatility, go buy some alts but volatility comes with a price. They are not as safe as btc. Shib tripled its marketcap recently when btc reached its ath from 2021 but one of them is a shitcoin, the other ine is the king of crypto.
I think this is just the preamble of the bull market. We are going to see what and how the bull looks like without any pressure or stress. I think we need to be prepared for the Bitcoin halving loading soon so that we can always learn and make money for ourselves rather than just using the funds to do something else. As the price of Bitcoin keeps going bullish, so will the price of many altcoins following the trend. If this is the pre-bull market then I wonder how bullish the main bull run will be, with the movement the market is also experiencing and people making money from it in all angle. Even memes then the main bull will be massive. Just know the alts or meme that is on trend, check if you're early on it then take the decision of either go in or stating out.. That was what I did on those memes I mentioned initially. Just like you have written, this is a pre-bull run and we should expect more from the market. The price of Bitcoin is ranging currently and we are hoping to see good moves by the time the real Bitcoin bull run commenced. The market is friendly at this stage and we need to be relaxed and work ourselves to prepare for the big bull that is loading that is going to make the price of Bitcoin to touch 100k. This is going to be a welcome bonus for all the Bitcoin holders and enthusiasts that are in the market expecting Bitcoin to skyrocket in price. And again for those who might be panicking or might have missed BTC from 25-40k I think this is an opportunity to get BTC before it reaches to 100K.. Technically, I use Dual Investment approach in getting btc at any ranges it falls. |
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Less bullish than the last bull market somehow. It is because bitcoin becomes less and less volatile as time goes by. A target of $80k to $100k is a realistic expectation for bitcoin in this current bull market and the next bull market will be even less exciting. (Around $120k maybe?) If you want high volatility, go buy some alts but volatility comes with a price. They are not as safe as btc. Shib tripled its marketcap recently when btc reached its ath from 2021 but one of them is a shitcoin, the other ine is the king of crypto.
I think this is just the preamble of the bull market. We are going to see what and how the bull looks like without any pressure or stress. I think we need to be prepared for the Bitcoin halving loading soon so that we can always learn and make money for ourselves rather than just using the funds to do something else. As the price of Bitcoin keeps going bullish, so will the price of many altcoins following the trend. If this is the pre-bull market then I wonder how bullish the main bull run will be, with the movement the market is also experiencing and people making money from it in all angle. Even memes then the main bull will be massive. Just know the alts or meme that is on trend, check if you're early on it then take the decision of either go in or stating out.. That was what I did on those memes I mentioned initially. |
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With the steady increase of bitcoin and other cryptocurrencies it shows that we are experiencing the bull market already here and this is an opportunity that one needs to make use of the bull season to hodl reliable coins that are good for hodling. During the bull season one needs to be very careful because it is not every coin that is good for hodling too long. Not every coin is a good one for hodling long.
Yeah, that's a good tip for anyone, and I wonder. As we haven't gotten into the halving and we're this bullish, what would happen after or during halving.. Like not only altcoins are paying people massively even Memecoins just look at Apewifhat, Dogwifhat and the recent most surprising one. BOME! |
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This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.
I won't lie but we know that's what 80% of crypto lovers do here. To make money! Including me, you see this profit I have from this memecoin, I'll rotate it to Any altcoin that haven't started having its peek, when that one does something different too, I take the profit and dump it on BTC. End of my money circulation In this case, you have chosen the right strategy, although I adhere to more conservative views. Yes, memcoins and their creators do not feel the burden of obligations compared to full-fledged altcoins. "Just for Fun" was created. I tried some tokens on Solana to make quick money - solscan + bonkbot + telegram channels - but I realized that in this case you need more involvement and enthusiasm than I currently have. Yes, you need more involvement to know what and why these meme coins are created and who they community members are. If not, there are many meme coins you will see as useless just like this particular one that took people by surprise. But the more you engage in their system, the better reason you would have to buy it |
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indeed there are various meme coin getting into the market and get massive increase just like that out of nowhere no reason at all but suddenly everyone invested in it, make me confused how people are so bullish about certain meme coin but not the other meme coin how that works still baffle me
on the bright side, so many people are profitting big time from this BOME but for those that late unfortunately you shouldn't buy other than being an exit liquidity but certainly there are still many ways to make profit probably to hold when the price dipping and wait until there's next big rally with bitcoin maybe it can become profitable for long term.
personally i don't really like investing in meme coin long term i like to invest short term buying when the price is rather low and just dump it when the price is high.
thats my strategy with meme coins in general, but this book of meme coin definitely caught me off guard that I don't have any chance to buy when it was still early.
Since BOME is already listed on exchanges and bitget been the first to go for it, that strategy isn't bad at all and I suggest that people take it so it wouldn't be a sad story at the end |
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If we look closely, we can see that lately people are getting the highest returns by investing in meme coins. The amount of return people are getting by investing in meme coins is providing money for their lifetime. If we look at the market, we can see that two meme coins have entered the market in the past few days, namely Book of Meme (BOME) and Dogwifhat (WIF). These two memes have given people the amount of money that has made them millionaires. 'Book of Meme' (BOME) has pumped over 32000% in just a few days, so imagine how much people have profited from it. Dogwifhat is another meme coin that was almost worthless when it hit the market in late 2023. Notice how much this coin is pumping in the current market. That's why I think meme coins are giving people the most money returns these days. One who is favored by fortune becomes the owner of millions by investing in meme coins.
Yes you're right. Thats why I took the opportunity as I stated on my post. Because we never can tell which one will be profitable.. In the long run, we all know these memecoins will be worthless so, why not make it shine when you can? That's the question I always ask myself |
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But meme coins are also alternate cryptocurrencies or tokens in case you didn't know Solana is currently a very active place with all kinds of shitcoins. I spotted Solchat and solcard right before they exploded  . Those are the only two tokens I was confident to buy. Most of them don't even have a mere website and social media channels and are just possible rug pulls. Oh wow, you also came across SOLchat? That's interesting. I do have the feeling that the project will be awesome. Did you check website as well? They were talking about something airdrop but with a little task... You see,I saw this when I was researching on BOME, for me I don't think there's much hassle in finding different alt or meme, one could be a blessing of another |
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I miss the days where every token that launches/goes live actually originates from Bitcointalk altcoins section. These days, any random person will just launch as long as there ia initial liquidity to power it. That's the beauty of crypto since it is permissionless. It also means that there is limited alpha. I didn't get in on Bome but I've heard rumors that it was a coordinated among some whales — "cabal coin".
OP, how do you spot new memecoins? Do you have like a step by step guide? Maybe it's just ill-luck but majority of memes I bought in the past ended in deep red. Say around the margins of 80-90% negative value drops.
I do have, but that will be a topic of another day if you don't mind. This particular memecoin, to be honest, I'll say I did extra research to know what it is all about to know why it was developed because I never see a good sense in it. So when I went over on twitter and saw that they made an announcement that it will be listed on exchanges. Then I saw that Bitget is the first cex that listed it, made BOME rise to that percentage I wrote then other cex started listing then Binance the last to list which gave it more fuel to the price |
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Look it has been a part of a long history that people are trying to make profits from Meme coins but they are so unpredictable that they can't you know forced on Investments.
once you invest into the meme coin then it's not sure that you will get back profits on investment. they are so volatile that they can just pump 10 times in a day and just on the other hand they can just crash your portfolio. so some stories have good opinion for meme coins because of profit on that and mostly people don't get profits so they don't prefer and don't recommend to invest it depends upon case to case study whether you like to invest on me coin or you you just run away from the meme coin.
Meme coins are a good option to invest but to study their market value and predict whether it will pump or not it's so you know unachievable and in practical so most people due to lack of skills avoid it.
Oh yes, you're highly welcome also be very much careful on memes you buy, check if they're rug pull or not like doing more info then check if there's anything concerning the developers talking about getting listed on a cex just like this BOME did and it did over that percentage because of how it all started |
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This is a very subjective opinion. If you are trying to make quick money, then memcoins theoretically provide such an opportunity. I won’t say that the ratio of successful memcoin projects is approximately 1:5, IMHO. You can simply find yourself in a situation - and if we are talking about memcoins and other shitcoins on Solana, then it is almost guaranteed - when you buy this dubious coin after seeing a “green rocket”, and then only a quick fall to 0. Altcoins are different in nature, they were created either as digital shares (tokens), or as a means of payment/incentive within the project, or generally represent the native currency of the chain. I would never compare them in any context.
I won't lie but we know that's what 80% of crypto lovers do here. To make money! Including me, you see this profit I have from this memecoin, I'll rotate it to Any altcoin that haven't started having its peek, when that one does something different too, I take the profit and dump it on BTC. End of my money circulation |
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Hypes are more profitable than the usual pump like it happen to meme coins and a few altcoins. But the reason why the majority are not investing in meme coins is because of the lack of substantial purpose of these projects. Most of them are still worthless and we can't blame other people for saying that probably because of their bad experiences with them. You should be thankful that they emerged in the Solana System and saved you or else, it is unlikely we see them in the current situation and even turn to another rugpull.
Well, you might be earning a lot from meme coins but the question is how they look after bull season. Because whether we like it or not, only projects that have a use case will stay long in the market. Take this opportunity while still there but don't overthink it will be long-term.
Hypes is what makes people profitable in meme coins and that's more reason people get into it, if eventually you get into the ones that gets the most hypes and luckily gets listed on exchanges then your money will increase vastly. That's same experience I got with BOME |
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