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Author Topic: Are MEME Coins A NEW Trend  (Read 1415 times)
decentralisati0n (OP)
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June 05, 2021, 12:18:09 AM
 #21

With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.
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June 05, 2021, 12:29:21 AM
 #22

With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.

It may end soon as SEC already warned elon about his tweet was violating the SEC regulation and contract. that means elon will not try to create another shilling tweet again dude.
There must be a better trend than this one. That will make people to join in the crypto caused by the quality of the project and it's not caused by the instant profit from the shitcoin.
I see the activity on ethereum and BSC chains. there are bunch of new tokens issued

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June 05, 2021, 12:54:21 AM
 #23

Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

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June 05, 2021, 01:11:58 AM
 #24

Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

Most scammy dev or token owner tend to follow the trend to make more money, These meme tokens are launch by a single few people that keep recycling their ideas after rug pulling their past projects., We expect to see more of these in the coming months.


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June 05, 2021, 01:23:40 AM
 #25

Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

It was the start of the trend and then all are joining the scam. The trend will slow down soon and maybe replaced by a new trend. The NFT and DEFI trend seems to be gearing still but the creation of new projects is already slowing down unlike when it first was introduced.

The crypto market somehow because unregulated is abused by these developers ruining the reputation, there will be more users who will come to claim they are scammed by these meme coins.

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June 05, 2021, 01:46:46 AM
 #26

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

the hype doge has faded, and so has the meme coin. so it will just be a shitcoin in the market. then is it bad for the market, i think it's bad. there are too many shitcoins in the crypto market and they are viewed negatively.

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June 05, 2021, 01:46:55 AM
 #27

With the help of Elon Musk's enthusiasm for Doge Coin, the Meme Coin trend could continue for a lot longer then we think, all so some of these new MEME coins are coming up with innovative use cases and tokenomics.


The problem is Elon Musk is now starting to get distrusted, how will this trend continue? I think there have been a lot of people who are disappointed that Elon Musk's fud spread about fossil fuels has an impact all including meme coins.

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June 05, 2021, 01:54:45 AM
 #28

Elon Musk support for Dogecoin has a huge impact on coins related not only meme coins, some coins associated with animal names are also rising. Will there be many cryptocurrency projects based on meme coins and animal coins in the future? I think Elon Musk support will create a new trend this time.

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June 05, 2021, 02:19:56 AM
 #29

I think meme coins like doge and shiba makes a lot of investor nowadays because of its small price and they believe that it will pump huge in the future that is why it is kind of trendy in the market but let’s be real that meme coins like that don’t pump a lot because there’s mostly no use of it.

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June 05, 2021, 02:21:15 AM
 #30

Cryptocurrencies are always following the trend. But that's predictable, some of the new meme coins just make hit and run and exit scams. It's happened a lot. Lately coin memes are popular because Elon Musk fully supports Dogecoin, not just coin memes. but also animal coins also follow the trend.

Most scammy dev or token owner tend to follow the trend to make more money, These meme tokens are launch by a single few people that keep recycling their ideas after rug pulling their past projects., We expect to see more of these in the coming months.
You are right, most of the meme coin decentralized exchange looks exactly the interface of PancakeSwap, an exactly photocopy of cake dex, these teams are just sitting down to repeat what they have done with different idea, this is ridiculous and it tarnishing the image of
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June 05, 2021, 02:32:15 AM
 #31

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
When list coinbase I was thinking it will pump minimum 50% but no there is no change price is dump.this is very bad for doge holders.every token or coin when list on coinbase my past experience pump something but doge is exceptional.
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June 05, 2021, 04:38:33 AM
 #32

I am seeing meme coin is becoming popular this day because of Doge coins value going to the moon, Plus coming from the support of a famous influencer like Elon, But I have doubt on this kind of project because  majority of this kind of meme coins don't have  uses, good benifets, Example in helping the blockchain ecosystem. Other whale's or big investor, or ordinany people are into these  because of the profit they want to accumalate.

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June 05, 2021, 05:58:29 AM
 #33

What are you thoughts on meme coins?
There's nothing much to think about. They can add as many features as they want but they're still meme. Period.

I agree, but still it is somehow a trend now.  Many new altcoins were created following the Dogecoin examples.

Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
SHIB had a good backing until Vitalik dumped his bags. Who knows if these new Doge killers or the next Shiba will get the same support.

The good thing with the action of Vitalik on Shiba is that he donated those SHIB to India, but as far as I know he did not dump all the SHIBA that is in his bag, the majority of them were burned to not destroy the SHIBA market.
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June 05, 2021, 06:03:28 AM
 #34

The meme coin that has probably surprised me so far is dogecoin. the new one may be the SHIB which is listed on some of the major exchanges, although there has been no major progress concerning the price.
I wouldn't say meme coins are a bad thing. nevertheless, now they are much talked about and discussed in some crypto communities. they make it big because their community of supporters also provides support in the marketplace. and we've seen it.
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June 05, 2021, 08:48:22 AM
 #35

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

Meme coin is like gamble when you put your moneybon it. And the fact that people love to gamble their money then invest it. Meme coins will not live long, exit scam will be there, its like you invest on Ponzi or HYIP back in the 2003. The only meme coin will be a live is Doge IMO.
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June 05, 2021, 09:05:08 AM
 #36

Gateway drug?I think this is a right word, the time of Dogecoin,Shib Hype, when i chatted with my friends, they even discussed Dogecoin and Shib with me, yet they didn't even know about bitcoin before. Some of they even have buy Doge and Shib at high price as long-term HODL. I tried to persuade them to sell, but nobody listened to me.

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June 05, 2021, 09:07:24 AM
 #37

These guys keep milking the market with what's trending and the unfortunate part is we buy in on these crypto  trends....the last one was NFTs not sure if they are trending but today we have meme coins because Dogecoin is usually making headlines all because of Elon and others want to ride the wave,i guess we can say they are the new trend.

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June 05, 2021, 09:22:51 AM
 #38

If you believe in MEMEconomy I'd say you're all really nuts.
It can go well once, you may have profited from your silly DOGE or SHIBA but if you rely on that shit to store your wealth for the future I believe you're gonna get hit very bad on your face.
Keep playing
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June 05, 2021, 09:36:14 AM
 #39

Well, it's natural that at this time many MEME coins are being made, because seeing the price of Doge increasing rapidly, maybe some coin developers like that hope that in the future, the price of the coins they make can be the same as the price of Doge, however, I'm pretty sure there will be lots of such coins being made.

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June 05, 2021, 09:52:45 AM
 #40

It is just a periodical trend I think. As you indicated, Dogecoin has a lot of affect on this kind of cryptocurrencies to be released. I'm not investing into any of those and don't even think about it also.

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