What’s the posterity of tokens without use cases?

[Luchnix]

Most memecoin traders are often hungry users that wants the quick and out money in this space. And to that fact, I don’t think actual traders should spend much time in the Meme ecosystem.

Though now, there has been an integration of memecoins being traded on a CEX platform now and most of the spotted tokens did well like $RFC and $HOUSE.

Following that thread, a follow trader invited me to dinner and talked about $B ( BUILDon), with an obvious increase in price because of the massive trading amount from the onchain listing, price is bullish though but I don’t trade this tokens because of their short term value in the crypto space.

If at all i would try, where do I start from and do you think the token can be trusted?

[kotajikikox]

Most memecoin traders are often hungry users that wants the quick and out money in this space. And to that fact, I don’t think actual traders should spend much time in the Meme ecosystem.

I know that some traders do trade in the memecoin ecosystem. Though I think they trade more with the well known memecoins since traders are often looking for high liquidity and you can't have that with a lot of memecoins these days.

If at all i would try, where do I start from and do you think the token can be trusted?

It is your decision to make. I assume that trading with well known cryptocurrencies would be pretty similar with a few adjustments when it comes to memecoins. So, if you have been trading already just apply what you know already. I think it will take some experience to really figure it out.

[Mishaofweb3]

For crypto tokens in general the strength of the utility and community around them are key metrics for predicting their memecoin success.

It might just be my opinion but this phenomenon is being exhibited by the Buildon token ($B) right now. With its initiative of forstering usd1 stable coin adoption on DeFi platforms like pancake it was no surprise it faired so well on the Bitget onchain and is now trading on Bitget spot.

The utility may be good but without the Binance community cheering it on, it would not have pulled this off.

So i would start my evaluation of these from the utility and their community's commitment to the memes success.

[rat03gopoh]

If at all i would try, where do I start from and do you think the token can be trusted?

You can trust meme tokens like you are sure to win a round, obviously people do not just expect reasonable returns, but many times more like casino games. This type of token is purely based on community speculation, a fairly effective tool for rotating wealth among them. There are special tips for you to last longer playing with this sector. No one is really committed, they win, they move on to the next game table.

[Luchnix]

Most memecoin traders are often hungry users that wants the quick and out money in this space. And to that fact, I don’t think actual traders should spend much time in the Meme ecosystem.

I know that some traders do trade in the memecoin ecosystem. Though I think they trade more with the well known memecoins since traders are often looking for high liquidity and you can't have that with a lot of memecoins these days.

If at all i would try, where do I start from and do you think the token can be trusted?

It is your decision to make. I assume that trading with well known cryptocurrencies would be pretty similar with a few adjustments when it comes to memecoins. So, if you have been trading already just apply what you know already. I think it will take some experience to really figure it out.

Uhmmmm ok—I will consciously apply my strategies and if it works then fine

For crypto tokens in general the strength of the utility and community around them are key metrics for predicting their memecoin success.

It might just be my opinion but this phenomenon is being exhibited by the Buildon token ($B) right now. With its initiative of forstering usd1 stable coin adoption on DeFi platforms like pancake it was no surprise it faired so well on the Bitget onchain and is now trading on Bitget spot.

The utility may be good but without the Binance community cheering it on, it would not have pulled this off.

So i would start my evaluation of these from the utility and their community's commitment to the memes success.

Oh well, this token even after being listed on the bitget spot trade, price has still maintained a bullish trend, I will support what you said about the binance listing that helped in triggering the price. I will say both CEX had a major impact on the token—I’m expecting price to retrace before we can see another ATH.

If at all i would try, where do I start from and do you think the token can be trusted?

You can trust meme tokens like you are sure to win a round, obviously people do not just expect reasonable returns, but many times more like casino games. This type of token is purely based on community speculation, a fairly effective tool for rotating wealth among them. There are special tips for you to last longer playing with this sector. No one is really committed, they win, they move on to the next game table.

Oh ok, I got that information right from you, expect it👌

[Dr.Bitcoin_Strange]

Memecoins are just cryptocurrency used by smart traders to catch quick profit. It can be risky but if you are willing to take the risk, you need to be very knowledgeable about how the altcoins behaves. First, before you invest or trade any memecoins, just make some research, don't go and buy at the top because the price will dump on you, ensure you are buying at the grass level and take your profit on time unless you are risky the amount you can afford to lose. If you don't research, you might end up blaming someone that referred you to the token meanwhile you have the choice to do more findings but you didn't.

[Isabellaq]

Most memecoin traders are often hungry users that wants the quick and out money in this space. And to that fact, I don’t think actual traders should spend much time in the Meme ecosystem.

Though now, there has been an integration of memecoins being traded on a CEX platform now and most of the spotted tokens did well like $RFC and $HOUSE.

Following that thread, a follow trader invited me to dinner and talked about $B ( BUILDon), with an obvious increase in price because of the massive trading amount from the onchain listing, price is bullish though but I don’t trade this tokens because of their short term value in the crypto space. papa's scooperia

If at all i would try, where do I start from and do you think the token can be trusted?

How you can trading volume and liquidity be indicators of a token's health?

[Stable090]

Most memecoin traders are often hungry users that wants the quick and out money in this space. And to that fact, I don’t think actual traders should spend much time in the Meme ecosystem.

People trading meme coins are just trading it just for the sake of money, most of them knows the risk involved in it, but they still want to take the risk just to increase their money so fast. They know that coins with use case won’t pump the way most of this meme coins do pump, and they won’t really be getting the kind of reward meme coins will be giving them within a short period of time.

I will tell you that even professional traders do trade meme coins, but some of them are always careful when taking the risk, they are always leaving just little amount in meme coins Incase if they lose, it’s not really going to affect them, and if they win, they will take their profits and move to another coin.