Are the older Meme coins a good investment?

[paramind22]

There's PandaCoin

https://bitcointalk.org/index.php?topic=1960307.1260;topicseen

and LiteDoge

https://bitcointalk.org/index.php?topic=1308769.0

I know there are many more but not sure about the others that are still around and family friendly.

[GreatArkansas]

This is very risky. I can not say that old meme coins are good since if you will take a look at Dogecoin, it is the first meme coin created a long time ago and Dogecoin is still there, with a high market cap.
Being the "first meme coin" is the key here, that's why I believe Dogecoin got a high market cap even though there is already a lot of meme coins after Dogecoin.
Another thing to consider is to look at the community of that meme coin, are there are still a lot of people talking about that meme coin?

[HaekalZ]

After seeing the two shared altcoins, I think LiteDoge has a pretty good potential as one of the hidden gems in cryptospace, even looking at its development I think LiteDoge can compete in the top rankings in the future, of course nothing can guarantee this, the only thing that only time and patience can answer. Patience is the key to everything

[paramind22]

I was hoping someone might talk about the others.  There have been some great coins in the past that sadly where not supported.  Coins like Petrodollar, SolarflareCoin and Inflationcoin.  Not sure those are meme coins.

[cabron]

No it's not a good investment. Just look at the order book of these meme coins and find out yourself if somebody is really paying to acquire some of these coins. This is where HODLING don't work because the longer you hold these coins the lower their value would be. These meme coins had been around for years including Dogecoin.
It only got a value because Elon was shilling it.

When they say pick the top coins on Coinmarketcap.com for the investment they meant 1-10. ITs not even guaranteed still if you choose XRP.

[bluebit25]

Not for me, there are too many such things and much newer now, but personally I also don't support coin memes because it's mostly just trash in this space. But if you intend to hold these coins there is nothing wrong, but review what you understand the market to continue to monitor those things.

[aprilnot]

basically meme coins are not a worthy investment because it is difficult to make a profit in the short term. this situation happened only because Elon was interested in doge, if he caught his interest maybe the meme coin like doge would go back to where it was. so better don't think meme coin is a worthy investment.

[asriloni]

They are not getting hyped and those coins have small chance for you to make money from there. I would like to call those coins as fork coins rather than meme coins.
Those coins already abandoned and there were no reasons to buy those coins. It's better to stick into the new meme coin if you wanna try to gambling your small money or something like that dude.

[rhomelmabini]

Looks like we're heading to an actual bull run joke if all these meme coins gonna hit some new all time high. I know they are that lit nowadays and sometimes a literal no brainer investment but are we really in that era that no use case coins are getting invested by individuals? I hope not and wanna get caught up by FOMO but I think something is brewing with that kind of market or there are really someone manipulating it.

Bitcoin is out there and other alts that has use case, these people just want to throw their life savings for some FOMO that wouldn't last. It isn't bad in a FOMO but this is ponzi if we look at the macro level if you join early you're in good hands but to those who are last I will just pray for their money's safety.

[crwth]

I think the era of meme stocks and meme coins is now. What I think you should consider is that, do you believe it will go to the moon or not? There's always a factor in which people tend to rely on the short-term gains rather than the long-term. The more rewarding one is long-term but you always need to consider that you can "diamond hands" the currency no matter what.

A lot of hype has been considered and now that it's just pumping and being mainstream, it's not bad to ride on older meme coins. As long as it's liquid and tradeable. Maybe if Elon tweets about it, then it can pump lol.

This is not financial advice for sure, just my opinion.

[killerfrost]

I find it very funny that many people use money to participate in coins like this, I do not deny that it can be profitable if people know how. But really such things are not taken seriously in this space, it will leave a coin dump in this market.

[Ararbermas]

Its very skeptical mate when it comes memes coin because see what happen to dogecoin coin which the very first memes on this crypto space.. If you put money on its like you just giving your money on them. Don't trust on what you saw in the internet mate make your own research for you to know how ppl really hate such projects.. Instead stay away if you can and focus to where you really can make good profits because it's always too good to be true.

[slaman29]

I have been wondering the same also for a while actually, especially some of those old memecoins that did very well in the beginning. Pepecoin is the one that strikes me a lot but yeah, I know Litedoge for sure, and that's even a community from both DOGE and LTC, should have been a good one but seems like no movement?

[bitjoin]

Why must meme coin, Isn't there a very large selection of other coins on the market that are suitable for you to invest in. I think it will sound very funny when you talk about coin memes when the market conditions are bad. It is better for you to look for coin that have proven quality in the market so that they can provide good profit for you.

[bekti3]

No, because the nature of the coin meme is only short in duration, Fomo is also brought to life, which is deliberately only built at a certain time. try to think about what coin memes no longer provide great interest because they are considered expired and do not provide big profits in a market that has almost countless number of meme coins. as for coin memes that still survive because they are still profitable.

[Renampun]

...

meme coins will be a worthy investment if Elon likes it...

dogecoin and Shiba Inu are examples of meme coins that were hugely successful because of Elon's tweets. If you think meme coins are a worth investment then you are wrong. many lose because they invest in meme coins. invest in crypto coins that are safe and have a good future.

[bitjoin]

meme coins will be a worthy investment if Elon likes it...

The magic of Elon Musk is over, Even though Elon Musk looks at other meme coins to serve as his experimental coin it won't make the coin a prima donna like Dogecoin and Shiba Inu. The majority of crypto users has learned with the scenarios created by Elon Musk, because he created a sensation only for personal gain only.

[Fivestar4everMVP]

I wouldnt dare if I were you @op, old meme coin equals to old abandoned shitcoins, what do you plan to do with this shitcoins after buying them?? I would personally advice anyone who cares to read and understand that never you buy a dead coin in hopes of it suddenly coming back alive to make you a millionaire, miracles do happen but this one is very rare, meme coins might be trending right now, that doesn't mean every meme coin out there is good for investment, do a proper research and be certain of where you are putting your hard earned money on, though I think hard earned money isn't hard earned for everyone but then, it's painful to loose money already gotten through what ever means.

[Raflesia]

I only know dogecoin which is the oldest meme coin and it's worth the investment IMO.
With other meme coins, of course, it will be full of risk and not yet popular, so I never dared to invest in meme coins other than doge, I can only judge that meme coins have no definite product purpose so that it is still on the verge of uncertainty whether this will be can survive or not, if doge I believe clearly the big whale plays a role behind it so that the market capitalists are bigger by beating other popular coins

[paramind22]

I wouldnt dare if I were you @op, old meme coin equals to old abandoned shitcoins, what do you plan to do with this shitcoins after buying them?? I would personally advice anyone who cares to read and understand that never you buy a dead coin in hopes of it suddenly coming back alive to make you a millionaire, miracles do happen but this one is very rare, meme coins might be trending right now, that doesn't mean every meme coin out there is good for investment, do a proper research and be certain of where you are putting your hard earned money on, though I think hard earned money isn't hard earned for everyone but then, it's painful to loose money already gotten through what ever means.

Both the coins in first post are staking coins and staking coins are like asking why invest in a bitcoin miner?  They basically "mine" crypto that you can sell for Doge then BTC.