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SacriFries11
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June 19, 2021, 12:24:33 PM |
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Don't mind them instead focus on what you think is fundamental and rightful especially in crypto market because those shitty meme coins is just created as a hype or FOMO coin and being created as a Pump and Dump scheme so always keep in mind to avoid this kind of coin.
Yes, that's the bad thing about memes coins that affects the altcoins but some tokens are affected in good way and because of this hype. New users comes to cryptocurrency and new investors attract to jump in cryptocurrency. It just bad way when they put their money in the wrong tokens. They should also learn how to manage their money and do a lot of research before buying. For some top altcoins, I think it's good time to buy again since the market is dump again, I'm sure this upcoming weekdays the market will surely recover again. |
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adzino
Copper Member
Hero Member
 Offline
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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June 19, 2021, 01:16:10 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
How do you define "doing well"? I am assuming you think that the coins that have higher value or coins that gets pumped are considered good coins? That's not true. The value doesn't define how good or well the crypto currency is doing. There are probably many undervalued coins out in the market that hasn't yet been recognized. Probably those coins are not ready or has more work to do. As for shitty meme coins skyrocketing, it is because of the current meme trend. People are gambling here. They know when the trend ends, those meme coins are going to die. They are just waiting to exit at the right moment. |
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Ghondronk
Member
Offline
Activity: 356
Merit: 14
https://exiptoken.io/
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June 19, 2021, 05:32:51 PM |
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Meme coin trend has already come to an end. Bad news which continuously came to the picture in last few weeks have made the bull tun reversed. I feel that the bull run did not touch its peak during the current cycle. If it resumes again, then we may see a good time for all alts. If not, probably we may have to wait for another 2-3 years.
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SirLancelot
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June 19, 2021, 05:54:55 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
For you to see a good coin that is not doing well, that’s because the team is not doing enough to push it forward. If the team is doing what they are supposed to do, then the coin will move forward. All those meme coins you think are worthless are moving forward because the team behind them are doing their best to push the project forward. That’s why it is not good to start up a project when you know very well you don’t have what it takes yet. No matter how good a project is, if you don’t have a good plan, then it’s going to fail. |
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Mahdirakib
Legendary
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Activity: 1918
Merit: 1013
In Search of Incredible
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June 19, 2021, 06:26:48 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
Meme coin price increase for manipulation and hype. And those coin price might drop quickly within a moment. Meme coins don't have bright future. Legit coin price doesn't increase quickly like meme coin but legit coin have good future and top altcoins will surely rise in long term. So don't be amazed with meme coin price movement. |
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bamb
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June 19, 2021, 06:29:56 PM |
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Meme is simply the trending coin at this time, other trend that is based on serious project will emerge as well! It appears different trends rotate in Cryptocurrency and at the end, every coin will have it's moments and it's glory! It is important now that investors get into quality altcoin coin that represents a trend that could be popular later!
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lolxxxx
Legendary
Offline
Activity: 2184
Merit: 1032
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June 19, 2021, 06:38:21 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
Well the market is totally dumping and the market is trying hard to keep up the pace to get on top but it's still failing on doing that, Whenever there is a dump on bitcoin price all the alts suffer so It is up to you when to make out. For the memes coin, they just do too much hype too much shilling that they attract people who want quick profits. Regards |
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imstillthebest
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June 19, 2021, 06:51:19 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
not doing well because ? they are the dev of thier coins and they know more better than you . you could be judging them too early but try to wait once the upgrade for the coin is done and you will see that devs did a good job for their coin and dont mind shitcoins because shitcoins dont last long and they are not in the level of the legit coins that can stay for a long time . |
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Hannahanto
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June 19, 2021, 06:51:40 PM |
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Many of this memecoins have value and big backup team, while some are shit coins no doubt.
I'll say the situation that's currently affecting the market is just so pissing off, after we all were celebrating the recovery of the market suddenly the market just stormed down again,so bad and I'm a trader but for the first time am a little bit confused.
But I know in no time the market will come back to bull, this year is a bullish one.
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perfect999
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June 19, 2021, 08:21:28 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
Well the market is totally dumping and the market is trying hard to keep up the pace to get on top but it's still failing on doing that, Whenever there is a dump on bitcoin price all the alts suffer so It is up to you when to make out. For the memes coin, they just do too much hype too much shilling that they attract people who want quick profits. I do not agree that we are dropping constantly, remember we went to 30k and ever since that moment we haven't went down anymore and we try to crack over 40k and yes we do fail and go back down to 35k levels but at least we do try that and that is a very good thing, being able to even try for higher and higher prices is very important and a great aspect of crypto prices, because when it is trying that means it will eventually succeed, rarely we see it try to go up and fail to do so, when it goes down it just straight up goes down, it is not going down because it fails to go up, it goes down because people want to sell, so when it tries to go up that means people are trying to go up. This is why I think we are in a great situation and not crashing or anything like that, we WERE in a bear market but we are no longer there anymore and doing fine. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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June 19, 2021, 09:28:15 PM
Last edit: June 21, 2021, 10:42:58 PM by seleme |
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why do you think like that? I think it's just a trend. After all they will return to the old proven coins. maybe by following the meme coin they can get profit faster.
Investing in shitcoins is not a good idea better to risk hard-earned money on top altcoins. I prefer to wait for the bull season in order to invest more before the altcoins hit ATH. The reversal can be strong but we need to wait for the market confirmation instead of trying to catch market top-bottom points. In the downtrend, trying to find the dip point is like catching a falling knife which can hurt us. Altcoins with reliable potential will recover in the next bull market no matter what happens in bear market. |
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revilo
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June 19, 2021, 10:39:55 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
That's a lot about the lobby behind it and thee deep pockets behind meme coins. If there is enough money involved to get a serious pump going, you will attract a lot of interests from purely speculative investors. To many people it seems to be more fun to ride waves rather than being part of a serious project. |
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Slow death
Legendary
Offline
Activity: 3010
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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June 19, 2021, 10:41:50 PM |
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why do you think like that? I think it's just a trend. After all they will return to the old proven coins. maybe by following the meme coin they can get profit faster.
this is a very dangerous time to invest in altcoins, take a good look at what is happening with the price of altcoins versus bitcoin. for example see the litecoin chart of the last days:  the price of altcoins compared to bitcoin is falling every day, it shows that people are taking money from altcoins to protect themselves from eventual disaster or are selling to buy bitcoin, anyway it's not a good idea to buy altcoins in this scenario I hold alts and believe they will back regarding prices. the question is: when? it may take many years for prices to come back |
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ningrum
Full Member
Offline
Activity: 1610
Merit: 103
The OGz Club
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June 19, 2021, 10:42:26 PM |
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this is not bad time for altcoins, but bad time for stable coins, I feel sad for people who are afraid to buy altcoins now,
because fear makes you delay profits a lot in the future, don't save your money in stable coins, save in altcoins now,
choose good altcoin in the top 100 or top 200 coinmarketcap and you will be safe.
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Boomber
Full Member
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Activity: 826
Merit: 100
Tontogether | Save Smart & Win Big
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June 19, 2021, 11:23:19 PM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
meme coins is only for the short term, but legit coins with real utility and transparent is an investment for the long term, so the price will definitely increase very high in the future, so you don't need to be afraid to invest in legit coins, because you will definitely get a big profit from investing in legit coins with real utility and transparent in the long term. |
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RussianEnglishTranslation
Jr. Member
Offline
Activity: 840
Merit: 6
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June 20, 2021, 04:54:03 AM |
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
I invest in projects without Bitcoin trading pairs like 0xMR. This way bots cannot dump my tokens when Bitcoin moves up or down. I'm in safe mode. |
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ebinoosha
Jr. Member
Offline
Activity: 34
Merit: 1
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June 20, 2021, 05:59:03 AM |
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many of this meme token are community driven, the support is immense and every member act like they own it.
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lxiaoh
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June 20, 2021, 08:43:22 AM |
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this is not bad time for altcoins, but bad time for stable coins, I feel sad for people who are afraid to buy altcoins now,
because fear makes you delay profits a lot in the future, don't save your money in stable coins, save in altcoins now,
choose good altcoin in the top 100 or top 200 coinmarketcap and you will be safe.
Safe? I am afraid i don't think so. I have three different kinds of altcoins and UDST in my wallet, the value of altcoin decreasing day by day, in the meantime, the value of the USDT has remained constant. Anyway, this is a bad time for altcoin definitely. |
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sunny28
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June 20, 2021, 08:37:28 PM |
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In order for altcoins to start growing, there must be a positive news background over cryptocurrencies, the world should not be against cryptocurrencies.
At the moment, the market situation is controversial, someone says that we will grow, someone that we will fall. At the moment, it is unclear what will happen in the future, but now is definitely not the best time for the alt season.
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SaShiRaJaVu
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June 20, 2021, 08:41:10 PM |
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Had a good laugh reading some of the responses, all you need to understand is that the entire cryptocurrency market depends upon how Bitcoin is going to perform and if there is a major correction in the Bitcoin market the entire market comes down along with it. Whether to predict the market is good enough to invest, i would say no because most of the coins had a good rally and you need to be careful which coins you are planning to invest.
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