This is heartbreaking

[panjay]

It's a recurring theme.

Sometime in the 2016-2017 years..the theme was a master node.

Last year it's a defi and nft, after that a meme token with an animal name.

Many emerging as a new token. Only a small amount survive, some like meme,samo,shiba inu etc.

[_MrTuyul404]

meme coin is really hype this year because Elon is always fomo doge coin (one of the first meme coin) there are some that are successful but many are also priceless meme coins or scams

[DOH!]

I decided to check out coinmarketcap.com/new today for any new listed projects but what I saw is heartbreaking, many people are just creating versions of their own meme coins over and over, if you see this and you don't have a change of mind about meme coins you will forever be a fool



They are patiently waiting to start an hype and idiots who want to buy Mansions in a week will start buying in

What is happening.  Lol, I won't touch these bloodthirsty coins.  They've been baked into their own furnace to make money on the benefits of Elon's tweets, he must have started to get annoyed with these crap.  The thing that made me hide from my wife to invest this year based on my Dyor is Sovryn and PYR.  I didn't get carried away by the emotions of the Doge, Shiba,... and shitcoins.

[sapnu]

I decided to check out coinmarketcap.com/new today for any new listed projects but what I saw is heartbreaking, many people are just creating versions of their own meme coins over and over, if you see this and you don't have a change of mind about meme coins you will forever be a fool



They are patiently waiting to start an hype and idiots who want to buy Mansions in a week will start buying in

Memecoins are not a good investment obviously and it is indeed disappointing witnessing many people wasting their money and creating their own version of a meme coin. This is what we get from the false hype that Elon publicized in twitter. Nevertheless, it should already be clear to you that patronizing meme coins will bring you nowhere but failure. Focus yourself on investing on potential altcoins as well as bitcoin if you really want your investment to become successful. If you are going to let people like Elon Musk deceive you, might as well rethink your decision making or else you will always end up failing with your investments.

[indah rezqi]

if you see this and you don't have a change of mind about meme coins you will forever be a fool

You saw it in May. That is, that's the market conditions at that time. Now, do you often check the market? If you frequently check the current market, surely you will say something.
I'm sure, coins like that will not be bought. Especially those I mean are smart people. If I may give a verdict like the other participants, then I firmly say, the person who bought the coin is an idiot.

[DeathAngel]

There are loads & loads of shit coins, most are scams. This is why it’s best to stick with the well known, reputable coins & stop trying to pick up the cheap penny coins.

[batang_bitcoin]

meme coin is really hype this year because Elon is always fomo doge coin (one of the first meme coin) there are some that are successful but many are also priceless meme coins or scams

And people followed him which isn't good until now, he keeps on making tweets about Dogecoin and people must stop following the hype about it.
Most of them are going to be rekt if they'll always follow Elon's tweet and hype, you should think about it people that these meme coins won't stay for long and will only make you lose money in the long run.

[magneto]

Absolutely.

We're currently seeing the end stages of an altcoin mania. There is no longer any real innovations going on in the ecosystem, everything is either a parody or a copy of an existing project except marketed better.

99/100 of these new tokens coming out will go to zero within 6 months. I can guarantee you that. Dogecoin was original and hence held its value relatively well, and none of these new tokens are original. You'd be a fool to be investing in this garbage.

[FinneysTrueVision]

It is not surprising at all to see this proliferation of meme coins. There are some decent coins which are being overlooked because of this doggy coin hype. I don't know why they list all these joke coins when there are serious projects having to wait a long time to get on CoinMarketCap. These pump and dump scams should have a lower priority because we don't know how long they will last and almost nobody is trading them.

[Kasabus]

It is not surprising at all to see this proliferation of meme coins. There are some decent coins which are being overlooked because of this doggy coin hype. I don't know why they list all these joke coins when there are serious projects having to wait a long time to get on CoinMarketCap. These pump and dump scams should have a lower priority because we don't know how long they will last and almost nobody is trading them.

Meme coins have been rampant these past few days but since we all know already how its future will be so there's no need to overthink about it and be bothered. Meme coins will always be good just for short term and after it pump, most of them cannot sustain to pump again so eventually, most of them end up worthless coins.

Just wait for a little time dude and soon you will see strong projects that will go out from its comfort zone. If there is a big community that will support it, then it will surely stay and create a very good value.

[btc_angela]

It is not surprising at all to see this proliferation of meme coins. There are some decent coins which are being overlooked because of this doggy coin hype. I don't know why they list all these joke coins when there are serious projects having to wait a long time to get on CoinMarketCap. These pump and dump scams should have a lower priority because we don't know how long they will last and almost nobody is trading them.

It's because of the money involved, exchanges are willing to list them because they will be traded if not heavy so there's a good profit for them. They doesn't care if it's going to be a meme or shitcoin, it's all about business.

And the real losers here are those crypto noobs who jump on the hype, never bother to check the status of the project and then complain later when they've lost so much money. Sad but true.

[Fatunad]

Absolutely.

We're currently seeing the end stages of an altcoin mania. There is no longer any real innovations going on in the ecosystem, everything is either a parody or a copy of an existing project except marketed better.

99/100 of these new tokens coming out will go to zero within 6 months. I can guarantee you that. Dogecoin was original and hence held its value relatively well, and none of these new tokens are original. You'd be a fool to be investing in this garbage.

Sooner or later that hype would really vanished out in thin air and those coins which had been pumped by hype will definitely dumped down their prices when people are starting to cash out specially whales
and to those who would get caught on the dump will just simply whine and make out those regrets on why they had invested and realize in the end that they had made themselves get hooked with the hype
with those meme coins and this is  where you do get experience on this crypto market that you shouldnt really make yourself to be that impulsive towards news and hype because
you dont know on what would happen next unless if you do know on when to get out and secure profits then its fine but if not then its a sure lose.

[radjie]

this is all happening the meme coin trend has been popularized by very influential people so it is widely used by irresponsible people by making other types of meme coins to attract investors to get involved in it and in a very neat way can be listed on coinmarketcap  so that it can be trusted by many people to be able to invest or buy related coins.

[gundala]

---They are patiently waiting to start an hype and idiots who want to buy Mansions in a week will start buying in

heartbreaking because you are late to join?
btw, meme coins are indeed used to get instant profit by taking advantage of the community or influencers, not suitable for the long term because its function is not visible in real terms. and that's up to the respective developers, there's nothing wrong with making meme tokens as long as you can take advantage of the hype and rely on the community. while the hysteria is still there, the trend will continue to change, fuders and scammers will definitely follow the trend. because we can't stem it, so it's better for us to fortify ourselves with a base of knowledge and self-control so that we don't get caught in a scam or fud easily.

[aditasetia123]

this is a problem that arises because of a tweet from Elon Musk who often says a species of dog that makes a lot of shitcoins created, I think you have to be careful and don't go in for too long and don't use a lot of money capital with shit coins because it has risks stuck very high.

make elon musk have no power again by didnt follow his shill about meme coin , its have been take alot victim especially beginer traders that want instant profit . Meme coin truely only speculation assets in cryptocurrency market , and we should be wise when decided buying this coin.

[uneng]

make elon musk have no power again by didnt follow his shill about meme coin , its have been take alot victim especially beginer traders that want instant profit . Meme coin truely only speculation assets in cryptocurrency market , and we should be wise when decided buying this coin.

It seems like a very good strategy, but you also need to know that Elon Musk is a person who has the power and ability to create influence and fomo on meme coins, so it is difficult to beat him with words at this point, and for novice traders who become victims, it is also because they are too trusting in people they do not know fully.

Yes, that is actually true. Doesn't matter what we say here, the final decision will still belong to each investor. If they want to listen to Elon Musk they will do it, even though it is clear this guy caused huge damage to crypto market, especially bitcoin. But I believe once these investors lose money by following who they shouldn't, they will learn the lesson and stop doing that futurely. Some people only learn through the pain, so be it.

[fileo]

To be honest I avoid all meme tokens because I cannot see good point in the long term to hold those meme. I don't want to become one of the victim again from those fake potential token. I now decided to invest in real potential one particularly related to NFT because NFT now is moving crazy. That's my observation.

[ethereumhunter]

this is all happening the meme coin trend has been popularized by very influential people so it is widely used by irresponsible people by making other types of meme coins to attract investors to get involved in it and in a very neat way can be listed on coinmarketcap  so that it can be trusted by many people to be able to invest or buy related coins.

The same strategy will not always work but that could work if they modify it and attract people's attention to invest in their project. Yes, the meme coins come to us this year after Dogecoin getting the high price. We need to be careful because that trend will not stay on the market for a long time because the new trend will come and replace the old trend. So if we already make a profit, we need to get out before it is too late to realize the trend is over.

[andriarto]

make elon musk have no power again by didnt follow his shill about meme coin , its have been take alot victim especially beginer traders that want instant profit . Meme coin truely only speculation assets in cryptocurrency market , and we should be wise when decided buying this coin.

It seems like a very good strategy, but you also need to know that Elon Musk is a person who has the power and ability to create influence and fomo on meme coins, so it is difficult to beat him with words at this point, and for novice traders who become victims, it is also because they are too trusting in people they do not know fully.

Yes, that is actually true. Doesn't matter what we say here, the final decision will still belong to each investor. If they want to listen to Elon Musk they will do it, even though it is clear this guy caused huge damage to crypto market, especially bitcoin. But I believe once these investors lose money by following who they shouldn't, they will learn the lesson and stop doing that futurely. Some people only learn through the pain, so be it.

it would be better if they were willing to learn from their mistakes, because not a few people are desperate and feel cheated by the cryptocurrency world, they are the ones who will spread negative news about crypto, even though they themselves do not understand it, and finally they shared their bad experience with cryptocurrency to their colleagues

[DapanasFruit]

To be honest I avoid all meme tokens because I cannot see good point in the long term to hold those meme. I don't want to become one of the victim again from those fake potential token. I now decided to invest in real potential one particularly related to NFT because NFT now is moving crazy. That's my observation.

By its very name, meme coins are actually just jokers and in cards they have no real value at all. yes, there can be some meme coins that will eventually evolve to become a serious player just like Dogecoin and Shiba but majority of them are just thrash. People who invested in meme coins know full well the risks involved and possible rewards if there can be a mooning to happen...now all of those who innocently just came in and was swayed by the appeal of greed may have failed to know well what they are getting into and they must first be members of this forum to get the right mindset and education.