Becareful with Meme Coins

[retnoanjani]

Most Meme coins are now dead. People thought they were going to move like dogecoin, it doesn't work that way. People  are scared of putting $5k in bitcoin but choose to put $20k in Meme coin and today they are rekt and helplessly watch bitcoin soar.

Except dogecoin.

You're right, that most of them are likely to be dead already and investors of meme coins are still hoping that someday these coins will make them rich.

With those likes of safemoon, shiba, and others that have pumped before, they're too late from the pump that those did.

indeed the exception for dogecoin. even Doge is currently starting to wake up again, with some very influential faces in the crypto world entering his advisory ranks, namely Vitalik. This will increase Doge's popularity and market confidence. even if it's just a token meme, but doge isn't totally kidding. we come to know that a tweet and popularity can lift the price.
while other meme coins that appear because of the trend, most of them don't last long. just like the pump and dump scenario. some are actually scams, so be careful

[ninabobo]

Meme coin is a high risk and reward coin, if you must invest in it then you must learn to manage risk, invest with what you can afford to loose. For me I think it's better not to invest on them as well but truly it gives profit more than most potential coins and also gives a huge loss as well, the early birds are the ones who benefits from most shitcoins when there launch, people who are late always face huge loss when there is a market correction. All shitcoins are just pump and dump coin except from doge coin which seems to be strong due to Elon Musk shill and good marketing by the team.

[Handpari]

 honestly opinion for meme coin lover, totally risky trading, all dependent on hype, yes you can make great gains on memecoins, but can make just as much gains on legitimate projects that are 1000% safer

[yananda]

honestly opinion for meme coin lover, totally risky trading, all dependent on hype, yes you can make great gains on memecoins, but can make just as much gains on legitimate projects that are 1000% safer

it's true that it is the choice of each person even though there are influences from others to determine the decision
some people may be able to survive because they already have the mentality whenever downtrend

[Dedewahyu]

I'm done with meme coin, totally lost in meme coin. ever since memecoin became popular, i was very interested in buying memecoin in big amount, and what happened? when the meme coin was dumped by the whales so I lost 75% in my portfolio. i know meme coins have no future just speculation coins with pump and dump games. I prefer to choose a coin that has technology and ecosystem. such as teherium, dot , solana and Cardano as my featured coins.

[uelque]

Investing in memecoin is a gambling, a real gambling just like playing in a casino. I've been there, I earned a lot in memecoin actually, and also lose a lot too sometimes. It depends on how good you are finding the best memecoin to invest to and on how early you've been there. In memecoin, in order to have big gains, you must be one of the first investors, and that's the main target, be the first of the first. But if you can't manage being the first, then it is much better to just invest in coins that has a real value, and much better if it already has a working platform, app or product etc. What you always need to remember when investing in memecoin is that; whatever goes up fast, goes down fast as well.  

[TheListener]

Yes meme coin is always risky  because meme coin have too much coin supply that's why price not increase more and most of shit coin depend on some owner which is not best .so invest only some money in meme coin

[Mohsin420]

Yes meme coin is too much risky Because most of shit coin bad and run away after some time or destory that's why people not like this but some meme coin are best which give best profit easily go 10X to 15X so invest only money which afford in the case of loss

[Emitdama]

honestly opinion for meme coin lover, totally risky trading, all dependent on hype, yes you can make great gains on memecoins, but can make just as much gains on legitimate projects that are 1000% safer

The biggest problem with meme coins is that there is nothing you can rely on once the hype has settled down. With legit products, you know that once they are up and publicly announced, there will be again some momentum for the coin along with it. But with meme coins, once the hype is settled there is nothing you can hope to turn things back.

The ones who enter the meme coins market at peak will always lose because they entered at the wrong time while if someone is sharp enough to realize when the peak and bottom are hit, they will earn more than regular projects with even meme coins.

[Hobo66]

I don't know about short term profit but almost all Shit coins like Shiba are retail driven. If interest leaves these meme coins there is no Micheal Saylor or Mark Cuban or Grayscale to buy and save axs from a 90% crash. 

[perfect999]

Yes meme coin is always risky  because meme coin have too much coin supply that's why price not increase more and most of shit coin depend on some owner which is not best .so invest only some money in meme coin

The bigger coin supply isn't always the biggest reason for their downfall. Meme-coins and shit-coins are termed as such because there is literally no use case for these projects.

Yes meme coin is always risky  because meme coin have too much coin supply that's why price not increase more and most of shit coin depend on some owner which is not best .so invest only some money in meme coin

Yes, if you are lucky enough you may juice out 10-20x profits but it's similar to hitting a jackpot in gambling. Once you win big, you will be addicted and slowly lose everything back to the market. And with each loss you will get more and more desperate to make profits which is never a guarantee when trading shit-coins and memes.

[livingfree]

Most Meme coins are now dead. People thought they were going to move like dogecoin, it doesn't work that way. People  are scared of putting $5k in bitcoin but choose to put $20k in Meme coin and today they are rekt and helplessly watch bitcoin soar.

Except dogecoin.

You're right, that most of them are likely to be dead already and investors of meme coins are still hoping that someday these coins will make them rich.

With those likes of safemoon, shiba, and others that have pumped before, they're too late from the pump that those did.

indeed the exception for dogecoin. even Doge is currently starting to wake up again, with some very influential faces in the crypto world entering his advisory ranks, namely Vitalik. This will increase Doge's popularity and market confidence. even if it's just a token meme, but doge isn't totally kidding. we come to know that a tweet and popularity can lift the price.
while other meme coins that appear because of the trend, most of them don't last long. just like the pump and dump scenario. some are actually scams, so be careful

Yes.

That's with Dogecoin, the foundation has been alive again, and with Vitalik that will help them to advise what must be done.

Vitalik just loves Dogecoin so much that he became now a part of it and that's thanks to the success of Ethereum.

[labenea]

last year people don't really care about meme coins. but ever since ElonMusk manipulated the "DOGE" Meme coin most of the developers are competing to create meme coins and in fact most of them can't stay in the market for long.

[Matteorsini]

These new meme coins that were suddenly emerging in the market are an instant red flag for me. I don't want to waste my time and money on most of them. As much as possible, don't fall from their sweet promises of massive profit returns. If I were you, I would rather put my hard-earned money into a more established and stable project that has been around in the business for several years already. A project with steady development progress. The like of Stakenet XSN is a perfect example.

[Sollaes]

In the short term different shitcoins and meme coins are really more likely to give you big profit because it is easy to pump them when a lot of people invest in them at the same moment. But in the long term, I am sure that exactly holders of strong coins like Ethereum, Bitcoin, BNB will win and earn more. Talking about meme coins, their hype is already over, so I think we had better get rid of them.

[TastyChillySauce00]

I'm done with meme coin, totally lost in meme coin. ever since memecoin became popular, i was very interested in buying memecoin in big amount, and what happened? when the meme coin was dumped by the whales so I lost 75% in my portfolio.

Meme coin can have drastic price change within a day and that's why anyone should avoid it because it's too speculative and usually there are too many total supply and each meme coin compared to another meme coin usually have very little difference.In my opinion NFT token is better than meme coin and it's not too fluctuative, it's also used for playing games that use NFT most of the time.

[amihada]

last year people don't really care about meme coins. but ever since ElonMusk manipulated the "DOGE" Meme coin most of the developers are competing to create meme coins and in fact most of them can't stay in the market for long.

It's true that now many new coin memes are appearing because they are inspired by coin doge, but I believe with one coin meme for me to keep for the long term, namely shiba coins, I think shiba coins are very good for long term storage.

[Shallow]

A look at Meme coins one can sense it was somewhat created as a joke or fun something, and since it was bull run, they banked on it and turned to a shitcoin season where many were created and while some made money others turned to bagholders. Also, while the two most prominent which is Doge and Shiba are on top exchanges with their team doing whatever they can to protray a clean image of their platforms and tokens, one still needs to be careful with whatever investment decisions he want to make on them.
In all I think, Meme coins have little to nothing to offer, also I heard Dogecoin foundation is about coming back or already back, and who knows what will mean but nevertheless due diligence shouldn't be neglected at anytime.

[bitcub]

I am not against crypto, but buying meme coins for the sake of riding a shill is a big risk. Why meme coins are created? If you are new to crypto and want to create your own coins, you can simply declare it a meme coin. Hire some shillers, or make some bounty and make some website to make it look very legit crypto.

[junmisakiro]

Although everyone is after the meme coins but currently the meme coins holders are in a big loss. Things may change but its risky to invest in such coins although i have seen these meme coins giving more profit than those fundamental strong coins.

Holding a meme coin is not the right solution, because usually investors who have large capital will pump and dump it in a short time on the coin, and of course this will only benefit people who enter the market early, then after that usually the price will drop significantly to return to the base price.