Are MEME Coins A NEW Trend

[Snappycoco]

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?

Aside from DeFi and NFT's, many projects right now are derive from Doge which is a meme coin. Same vision and features. What makes me laugh with these meme coins is that they have this feature that the more you hold, the more you will earn. Most of them have taxed every transaction and distribute the collected tax. Elon Musk have created this phenomenon. 

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[imstillthebest]

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?

are both of it the same ?
it can attract noobs because noobs are in mainly to make quick buck but meme coins are bad at the same time because when the noobs get scammed they will misunderstood crypto and they will think that everything in this crypto world  are a scam.
we should do something to stop the meme coin nonesense or make an awareness atleast that people should avoid them because they cant give them any benefit  .

[TastyChillySauce00]

No. Meme coin trend end already. Now is the trend of play to earn which I know NFT and DeFi. More and more projects now are developing a game while users can earn profit through playing every day. Crypto is done in meme token, now is the new trend of NFT.

I always like this new era of NFT games, and the advantages most of games have by integrating NFT into their project.
People could play game in their leisure time and earn a lot of money. it's unlike other projects like defi that always focused on growing capital but instead we need to play the game intensively so that we can build our character game slowly and make profit from it and it also competitive.

[evichi]

The number of meme coins being churned out is becoming worrisome - personal opinion. It is making the crypto industry look like child's play. While we recognize that influencers can actually make meme some coins appreciate in value, research is seriously needed before you invest your time and money. I foresee most of the meme coins being worthless- will end up occupying spaces in wallets.

[dhemasm]

we should do something to stop the meme coin nonesense or make an awareness atleast that people should avoid them because they cant give them any benefit  .

Well Said, we should aware people about this and if not it's make some newcomers on the crypto market that basically get scammed by some meme coins will only looks crypto as a another money game while basically it's have lot of potential, Not all meme coins are same even though basically it didn't have use case but sometime it's needed on the crypto market.

[armanhusni]

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?

I think with the number of coin memes launched, it will be very good for the crypto industry and also good for beginners in exploring digital currencies, at least for beginners will take a cheaper coin (COIN MEME) before they join the altcoin that has a high price.

[Stewart66]

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?

I think with the number of coin memes launched, it will be very good for the crypto industry and also good for beginners in exploring digital currencies, at least for beginners will take a cheaper coin (COIN MEME) before they join the altcoin that has a high price.

much better if you recommend for beginners only top coins and very risky if you recommend with MEME coins. Basically beginners think that investing in crypto can make you rich overnight but in reality it is not what they expect. moreover we also know that there are thousands of meme coins in the crypto industry that are difficult to last long in the market, as if they were created just to pump-dump or attract new investors that are easy to manipulate.

[gwdf1]

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?

I am sot sure that meme coins are the best decision for newbies. To my mind, it is better to start with something more reliable like Bitcoin, Ethereum, BNB and other mainstream currencies. The thing is that when these assets are at peaks, investors look for something cheap. Usually, new projects are quite attractive. What comes to meme coins. There is no hype around them now. NFT-gaming now is much more popular.

[DonFacundo]

My thoughts on meme coins, well definitely they are not good investments, they are just memes created for fun inspired by dogecoin. Elon was the behind of dogecoin pump, he always tweeting about doge to the moon then the meme coins started to trend and bunch of meme coins has been created. Many investors gains huge profit from meme but many were losing money and now the hype of memes is over so avoid investing on memes.

[Matteorsini]

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 coins are such a waste of your precious time and resources. This is why I never bothered keeping a single bit of my attention to them. I would rather invest my hard-earned money in profitable altcoins like ETH, ADA, LTC, BNB, and Stakenet XSN which has a unique use cases and technology-driven innovations.

[Plinteng]

 if you are wise and knowledgeable trader and holder you will put your money on the project that has a longer lasting effect, theres a lot of project out there who offer security and stabilty,so if I were you I will avoid meme coin because it is very risky you can lose lots of your money by putting in to it.

[Ronzybloch]

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?

I am also worried to take meme coin,  and binance also shocks me when i see binance is listing a meme coin , e.g  doge coin ,  shib inu ,  and both these coin  also have gained popularity in a short period of time, by looking these i am confused shall we use meme or not ?  After learning and watching many things i thought we shall take entry in memes coin ,  risk is every where . new bies can get a good amount in short period of time by memes coin . it's not bad to invest in memes coin

[blue_nexus15]

I find the current meme not as engaging and interesting as before, perhaps the excessive hype from Doge/Elon has caused the trend to go down and NFT instead.  Most of the NFT coins have been rising recently, some NFTgames are dominating the altcoin market with impressive growth such as VNLa, Sand, YGG, Alice, AXS

[Golftech]

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?

I am also worried to take meme coin,  and binance also shocks me when i see binance is listing a meme coin , e.g  doge coin ,  shib inu ,  and both these coin  also have gained popularity in a short period of time, by looking these i am confused shall we use meme or not ?  After learning and watching many things i thought we shall take entry in memes coin ,  risk is every where . new bies can get a good amount in short period of time by memes coin . it's not bad to invest in memes coin

Not sure with your recommendation but if that's your personal thoughts about memes.
 
you might have that big nerves risking your money with this kind of projects, but with newbies
it's tough as it seems that they are gambling with their oppotunities.

the chance to lose is far higher than investing with the right memes to ride along.

[rajakulam]

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?

In my opinion, meme coins are more inclined to be used as short-term investments, while long-term investments are still not suitable, because these coins are easily controlled by those who have large capital, such as the very high price increase of Dogecoin caused by investment by Elon Musk on a large scale, and when he doesn't fully support Dogecoin, the price drops immediately as we see it today

[mbakruroh]

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?

There are indeed a lot of meme coins nowadays, but not all of them are worth investing in. Because some are made just for fun, or shit coins. Before we invest, it would be better if we ensure the seriousness of the project.
Shiba is also a meme coin of the Ethereum and BSC blockchains. I think you can invest in this for the long term. Although the current value is still very low.

[omone1]

Most Meme coins are nothing but ponzi scam which do nothing but shout price will soon go a new ATH, and people just FOMO. Check minifootball, just all their hype, they are now almost dead and many more are coming to steal your BNB and ETH just stick to good project and leave chasing these Meme.

[Orange89]

It is Trending on the market meme also known as the shit coin can give you very large profit put inlike other token mostly meme coin /shit coin focused on burning mechanism their token value is also so low that if you wanted to buy you to set slippage between 10-15% or some time more higher these is to much meme coin may have owner or may not have owner many influencer promoting shit coin and people are investing in it and buying the token that's the main reason meme coin are pumping it is a trend

[TastyChillySauce00]

I find the current meme not as engaging and interesting as before, perhaps the excessive hype from Doge/Elon has caused the trend to go down and NFT instead.  Most of the NFT coins have been rising recently, some NFTgames are dominating the altcoin market with impressive growth such as VNLa, Sand, YGG, Alice, AXS

The hype is replaced by NFT hype. Currently people are attracted to NFT games because of the play to earn model like what's implemented to Axie and many other NFT games. They find it more profitable than meme coin or simply because playing game is more fun. NFT game also have its game presented as a entertainment so it will not get boring fast and NFT games seemed able to last longer than meme coin. Newer NFT games that appearing also offer different concept compared to older NFT games.

[kak uli]

maybe many people think that the Coin meme will deceive many investors someday, I think this is a wrong assumption. But I think with the existence of memecoin, one day the underestimated Coin (memecoin) will find the highest price, for example DOGE and BTT. everyone thought the two tokens were worthless, but when the price started to soar, everyone kept looking for it and investing in the Coin.
For now, I think many memecoins have been launched, including SHIBA INU, and GOMA FINANCE. I'm sure the two memecoins will have the highest price someday.