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Author Topic: Would you guys invest meme coins now?  (Read 2329 times)
Ureung jameun
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September 10, 2022, 04:17:38 PM
 #221

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

Market conditions are indeed very difficult to predict from the beginning until now. so that very many traders who experience losses from it. as well as the presence of memecoin which makes more and more people accept the loss. so that makes me not want to invest in any coinmeme because it has a very high risk. because there are so many memecoins that can't last long. and the only memecoin I believe is Dogecoin even though the price has dropped.

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September 10, 2022, 04:32:37 PM
 #222

Doge and Shiba have set standards in meme coin so there are lots of new projects who are trying to imitate them. We can't deny the fact that Elon has a huge influence on why meme coins have been known and are continuously making a noise in the blockchain industry. They might not have a specific purpose but are still profitable since lots of investors still keep on buying them.
It all revolves around them and everyone who's into meme coins and made profit for sure followed Elon Musk. Now, there are a lot of batches coming in and out with these meme coins.
It's still a test of luck for these new coins that are naming their projects with another 'INU' and that's how it goes with the new meme coins that are coming in the market. It's so fed up that it's easy to make these meme coins that eats out a newbie's money.
Elon Musk has such strong control over the meme coin that some investors believe that if Elon Musk does it again with his tweets it will create new hype and higher prices, so they are waiting for the news to keep them expecting the uncertain even though it's clear the meme coin only fun is not the goal of the product that is featured so I'm not so sure about the meme coin.

Even though there is a lot of out-of-market for the meme coin with the same project name it's just an icon they created to attract investors and even create more hype and then go out of the market it's happening a lot now.

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September 10, 2022, 05:12:30 PM
 #223

meme coins are still a great option for now. only the market is not in a bull market condition, all kinds of coins are affected. just like dogecoin, it was always used in all market conditions until the arrival of Elon Musk, everyone when investing in meme coins I'm sure they hope to get the same thing on the coins they invest.

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September 10, 2022, 05:38:08 PM
 #224

So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.

Market conditions are indeed very difficult to predict from the beginning until now. so that very many traders who experience losses from it. as well as the presence of memecoin which makes more and more people accept the loss. so that makes me not want to invest in any coinmeme because it has a very high risk. because there are so many memecoins that can't last long. and the only memecoin I believe is Dogecoin even though the price has dropped.

To be honest, I'm not really interested in buying meme coins, it's risky to buy them, Shiba inu for example, many are trapped in these coins, and the case was almost the same with Dogecoin at that time, many suffered losses with the lust they had for  get big profits, and in the end all aground when the price of the coin all plummeted..

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September 10, 2022, 06:58:43 PM
 #225

some of the meme coin coins are fruitful but not every meme coin can give you healthy accumulation. It sometimes lean on the market longitudes that if it is enlarges and good in demand then you can smoothly get takings because all other coins will also be boosted. There are some meme coins that does not gave sound proceeds to its users and because of them all other memes are ponder to be not good enough to allot advantages but in my opinion some meme coins are still beneficial.

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