Are meme tokens dangerous or moon

[monineklutak]

I've seen people made millions from meme coins but all I can say is it's based on pure luck, meme coins are pump/dump projects so you will need more than luck here, make sure you know when to buy and when to sell your tokens, meme coins are shit coins from my own perspective

That's how meme coins are, other than that meme coins are not recommended for long-term investments because the risk of losing money is very large,
so we have to be smart in managing meme coins both when selling or buying in order to make a profit

[1714730139]

1714730139

[haidil]

Still depends on what coin are you investing, there are so many meme tokens now existing in the CoinMarketCap and there are so many newly created meme coins every day and most of them are scam so be careful on investing on all of those, always make sure to have research first before you choose a coin to invest to. Always invest what you can afford to lose and invest only in the coin with the use case.

it's true that we have to be really careful in choosing coins, but for meme coins I think it's too high risk because coins like this have a guessed system and only look at pumps and dumps, nothing more.
it's like gambling and if we guess the meme coin correctly and it is pumped in a short time it will go to the moon but if we choose the wrong coin your money will disappear.
I do not forbid to invest here but I think the risk is very high in coins like this and can only wait and hope the coins are pumped

[Shasha80]

Meme tokens are dangerous the only can who benefits is the scammers.. They hold 90% of the token which they can dump and exit. It is really dangerous to invest in my opinion. Now you created a meme token I don't think people will interested it.. This down market it is impossible that your meme token will go to the moon.

I also think investing in meme tokens is dangerous, especially since the current market situation is very bad. So if we force buying meme tokens,
what we have we will experience a loss, it is possible that the price of meme tokens will continue to fall if the market has not recovered. After all,
meme tokens are often used by whales to pump and dump, meaning it is very dangerous when we buy meme tokens and sell them too late.
The price of meme tokens will fall even more and it will be difficult to get up again. For now, it's best to avoid investing in meme tokens.

yeah, i think so too. it's just, even though people know it's dangerous, because of the fast up and down movement, I think a lot of people are trying to take advantage of that moment, even though they know that it's very risky and also dangerous. So far, I have avoided investing in meme coin for a long time.

I'm glad you have the same opinion as me, because the movement of meme coins is difficult to predict. Indeed, there are some people who managed
to get big profits from the rapidly rising and falling prices of meme coins. But compared to people who failed and lost a lot of money by investing
in meme coins, it was much more. Knowing this, we can conclude that investing in meme coins is indeed very risky and dangerous.

[dhemasm]

I have no idea why meme token like this still have big trade volume, are they really want to gamble for the price or what?
Because i dont see any useful thing can be done by its token.

It's because social media shilling, Buy the rumour and sell the news. For the example where you can see where Elon mention Shiba and the price goes up almost 100% and most of them come from new people. Beside that there is no real purpose on some meme coin, Just pure speculative currency, It's not good for long term but you can try it for short term, Cheers!

[smartaction]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

Meme token now like Dangerous. Due to Elon Musk tweets, these have worked like hype for some time. But it did not last long.  These are going back to the previous position again. And many people suffered financially by following these coin

[mrongos]

meme coin has a very high risk and it's better you can buy another coin that has a smaller risk, indeed a lot you will get at memecoin but you also have to know that price movements are unpredictable and can collapse instantly without your knowledge.

[Surmount]

Many people actually interested in meme coins because as you know it resembles gambling so much and people interested because they think they could make money from it while in reality meme coin is like the place for people who are greedy to lose money, many people think they gonna repeat the same history like what happened to doge but new meme coins have really little chance of making that pump happen to their coin that's why the volume is high with these meme coins.

Gotta agree. Meme tokens are a get-rich-quick scheme and it'll be a great day when people stop pumping memes trying to get rich off of them.

[techearn17]

meme Tokens may be pumped of some of these tokens But in a short time, most of the tokens will be gone I prefer a project that has come to solve something Investing in the rest of the meme tokens would be dangerous They have no future I'm sure we'll see meme tokens in our wallets, but we've got them after some research. So if you get a meme token, you must first check the white papers and the team.

[kramchers]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

Certainly, these meme coins are really obviously dangerous, unless you know how to ride in the trend. But if not, danger or risk will enter unto it once you decide to invest into any meme coins. That is why doing your own research is very important here as one of the member in the forum.

[CaptainCrapper]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our official meme token Jomon Shiba aka $JSHIBA.

After some we were expecting a meme trend SHIBA is one of the meme tokens I invested they're but the market does not grow so we have to wait for the next trends.

[Kunotcoin]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

I believe It depends on the project because in some cases meme tokens are also giving a good profit like (Shiba Inu) but I think that's not the case of many, I mean after the pump was done I'm sure dumping will follow because those meme coins have a huge supply, more or less in trillions so it's very difficult to settle it especially if the market was experiencing a bearish sentiment, so I can say that not all meme coins are dangerous but it depends on the project.

[Frengki_cisco]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

This year-it's very hard to judge-coins-potential or not-potential-as seen coin-meme-could fly to the moon, coins that could actually fall into a hol.

My judgment-for now it's the coin that has an active team in the media or in the market that's the coin that has great potential-no matter meme or not.

[Pelana vreo]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

How are you sure the token will go to the moon? I think it's not easy to see the price of the coin go up in just a few months, if Devs have a lot of money and they list tokens on Binance or the top 5 cmc list I think it makes sense, but all that is a long process and can't be achieved in a short time.

[bison]

Maybe they want to duel because to me the meme token is a liar token that can suddenly go up and suddenly go down, or maybe they want to repeat the events that have happened to the doge, because for those who have felt the advantages of the doge some time ago make people others are envious and try their luck on other trending meme coins.

there is nothing wrong with trying their luck on meme coins but they must be really aware of the risks involved, as you said that there are some people who have benefited greatly from the meme trend, but not a few have felt the loss, I just say don't have high expectations for a token meme, let alone invest long term in it.

[Sirait]

This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.

I don't think meme coin is a good thing to discuss. if you want to get hype meme coins then always monitor Elon's twitter, then immediately buy the meme coins that he tweeted because surely it will be bullish fast

[Golftech]

Maybe they want to duel because to me the meme token is a liar token that can suddenly go up and suddenly go down, or maybe they want to repeat the events that have happened to the doge, because for those who have felt the advantages of the doge some time ago make people others are envious and try their luck on other trending meme coins.

there is nothing wrong with trying their luck on meme coins but they must be really aware of the risks involved, as you said that there are some people who have benefited greatly from the meme trend, but not a few have felt the loss, I just say don't have high expectations for a token meme, let alone invest long term in it.

It's your money that you are using, with the concept of being just a Meme means that those who invest with this

kind of project are willing to gamble with their investment, some or most are just riding for quick profits and just

trying to buy while the value still not pumped yet then sell when good value start to comes out.

[SaShiRaJaVu]

After some we were expecting a meme trend SHIBA is one of the meme tokens I invested they're but the market does not grow so we have to wait for the next trends.

If you jumped into the SHIBA bandwagon in the beginning then you would have made a huge profit, when i heard about the token the price has actually risen over 1000% in a short period of time and i am not taking any risk to invest in an asset even though the valuation is low to invest when the price rallied like that. I am now looking for the next trend and if i am able to invest before the hype i might take a chance.

[ogundowotoby01]

Meme coins are not a good trend  for serious blockchain adoption. They may be good coins speculative trading and Mario trading due to their highly volatile nature, but They aren't good coins investment purposes. I believe the core projects in the cryptocurrency market should be thoughtful projects that are planned to drive forward decentralization and more adoption of cryptos

[wmaurik]

Meme coins are not a good trend  for serious blockchain adoption. They may be good coins speculative trading and Mario trading due to their highly volatile nature, but They aren't good coins investment purposes. I believe the core projects in the cryptocurrency market should be thoughtful projects that are planned to drive forward decentralization and more adoption of cryptos

Every creation that has been born will certainly have certain benefits in cryptos, including meme coins that are deliberately created to create temporary pleasure in the cryptos space in terms of trading and speculation, although in essence meme coins are not a good thing in the long term, but for those who want to learn seriously and deeply, so to try to trade in the short term, I don't think it would be wrong to choose meme coin because this is only for a while.

[Wong Gendheng]

Meme coins are not a good trend  for serious blockchain adoption. They may be good coins speculative trading and Mario trading due to their highly volatile nature, but They aren't good coins investment purposes. I believe the core projects in the cryptocurrency market should be thoughtful projects that are planned to drive forward decentralization and more adoption of cryptos

Investors who think long term will certainly avoid MEME coin, they will focus on investing in DeFi based projects, but for me as long as this is profitable then I will invest in MEME coin, sometimes what we think is not good but becomes profitable.