Are meme tokens dangerous or moon

[Fatunad]

I don't see big differences between shit coins and meme coins you can make money with both and in both directions on the pump and dump if you are an expert trader, however the most probable ones for a to the moon direction are doge and shiba

You would really be expecting lots of similar coins that would just pop out in the market like mushrooms when a certain trend is currently happening.
You are right that this is no different from those existing shitcoins in the market whether you wouldnt know if they would pumped or would just basically dumped forever and in result into lost of money and would never ever be recovered.So as an investor then you should really be careful on dealing with things and dont let yourself get dragged with the hype because this is where mostly people do end up on getting wrecked when they get FOMOed that much.

[pedrillo0]

Too many memes tokens in oblivion, what does history show us?
Also from experiences I mention that there is nothing safe, and that everything is a risk. Take it or leave?

Better let's talk about tokens with a real use in life and their demand in the market...

[sulendra12]

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 tokens will remain to its name, a "meme".

This type of coin will disappear once the hype is gone. Because this type of coin just being used to grab some quick money from innocent investors who just following the trend.. I mean, if you can grab some quick money from there then it's good for you. But overall, it's not a good practice to leave hypes on meme coins, they will have no value later.

[uneng]

The problem with these coins is that in the end of the day the meme is you, the investor who was fooled into putting money in a currency that has no logical reason to have its demand and value raised. Memes aren't funny forever, and once people get tired of the joke, the currency's value is gone. Meme coin was a smart way to make stupid people lose money with crypto currency.
Investment is a serious thing and must be conducted with seriousness and responsability to prevent losing money deliberately.

[royalfestus]

The 2 important factors about meme coin is the size/financial strength of the community and the coins tokenomics or token supply. It is easy for a meme coin to pump with very limited supply and a famous personality as influencer eg Elon musk, Jark Dorsey. Adding liquidity for such coin at every social media response will cause fomo and as regular as this occur, so will the coin pump in bullish market. Most meme coin got no fundamental and cant defended

[Cherylstar86]

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.

Hopefully this will soon go uptrend in the future, meanwhile jomon shiba was still on it's way to success. We're on the stepping stone, but it needs a lot of patience in order to achieve the best results whether price can go to the moon or not. Same as other altcoins do, time will tick around for unexpected situations.

[Traderbtcc]

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.

Sounds like another shitcoin to me, $JSHIBA is just another 100th shitcoin claiming to be the next shiba inu or dogecoin, and all these shitcoins only end up failing, meme coins are dangerous to invest in since they are coins without any real product/use case, there won't be any incentive for the price to pump since there's no real product, 99% of all meme coins fail thats why investing in them isn't a wise decision.

[btc_angela]

meme coin is full of lies and horrible to buy because there is no guarantee of profit and I don't think that meme coin will last long, they whales try to trigger fomo for a while and after that when the price is high they will make the price fall again and of course it will make many people trapped in high prices and in coins that do not have much potential so that many people lose.

It depends on who you are, if it is someone from a pump and dump groups, then definitely, they will answer YES because they play with it, make a lot of money from noobs simply as that. But for more experience player, then they would says NO, because it is what it is, just a meme coin, no utility or no used case. Nothing against meme coin, if you know how to ride with it, then good for you. Make some money and get out. You don't need to be greedy or something.

[meanwords]

Meme tokens are memes. This shitcoins are suppose to be a joke and shouldn't be taken seriously that they will solve any sort of problem. They are mostly pump and dump and should be avoided as much as possible to avoid high risk loses. That's the reason why a country banned this specific type of coin because it's basically gambling and dangerous financially too.

[Psynthax]

Meme coins can't win over coins that have real use case but developers can find real purpose for meme coins too that's my own believe but I don't see any meme coins walking this path right now possible maybe in future? Almost all meme coins out there are here to get fat pockets for their Devs in a very short term.

The question is why do some people like meme coins when the real use case doesn't exist and functionally doesn't exist either? do some of these people not know coins that have real potential so they only want to have meme coins in the crypto space.

It's not that people really want meme coins to exist or anything like that but more of a way to make quick money, it acts sort of gambling where the volatility so high it looks like a gambling due to its purely speculative nature.
Trust me, if not for the pump and dump scheme that looks like a profit haven in the eye of market manipulators and volatility seeker I doubt anyone would care about doge, the only factor that drives doge to go up is because elon shill and the fact that people want to cash out in $1 price target.

[manggis97]

Dangerous or moon is according to the trend of crypto market, but its not recommended to buy memecoin nowadays because the leader of Memecoin Doge in the top already. Others memecoin will follow the trend of DOGE. Without any use case and strong fundamental alot of copy DOGE will fail and in bear market can be dump more than 90%.

[fileo]

I refrain from meme coin where recently went crazy in the way of pump and dump. Then here comes huge different meme coins copying the other platforms. I'm not against in crypto business but I don't like using meme coin to scam people's money. Few meme tokens has bright platform indecated on their whitepaper but majority of meme tokens are just shit coin and may remain shit coin.

[Sendi blackspade team]

Dangerous or moon is according to the trend of crypto market, but its not recommended to buy memecoin nowadays because the leader of Memecoin Doge in the top already. Others memecoin will follow the trend of DOGE. Without any use case and strong fundamental alot of copy DOGE will fail and in bear market can be dump more than 90%.

when there is no big influencer like Elon it will be hard for meme coin to get the hype.
what has happened so far in the market for new projects with meme coin I believe is the manipulation of their own team to create market interest in their coin.
be careful even though dogecoin has got a good position. but not for other meme coins. because dogecoin gets hype when their ecosystem is big.

[yazher]

Dangerous or moon is according to the trend of crypto market, but its not recommended to buy memecoin nowadays because the leader of Memecoin Doge in the top already. Others memecoin will follow the trend of DOGE. Without any use case and strong fundamental alot of copy DOGE will fail and in bear market can be dump more than 90%.

Depend on whoever promoting it and most likely people will no longer take it seriously after what happened to Dogecoin this past few months. Nowadays, if you want to invest in some meme tokens, you need to consider the danger and the risk you gonna get when things do not go well in the market because if the market became bearish, no one really put their money on some mere meme token when the opportunity is in the bitcoins itself or in the ETH. Most of the people won't care about the meme tokens whenever the market is not flourishing, they're going back to the top altcoins to regain back they've lost.

[Ararbermas]

For me in my view there are some meme token that someday will become a successful project at the end of the day, but for sure mostly of it will become shitcoin in my personal opinion as its getting very skeptical due to some meme projects that always turn into scam and nothing on this space, actually it's easy to advertise meme token but the fact that they don't have such things what a good project have.. It will be unpredictable and like what you said dangerous especially when it comes investing and etc.

[unusualfacts30]

They are very much like any other coin. It depends on whether they have a utility or just here for quick run. If you look at doge or shiba inu, you'll see they gained quite a large amount of following and brought nice return for investors so far.

There are tons of others that are following their trail. some of them have no use, others do. choose wisely.
 
Many people see them as attractive investment for one reason that is you can own millions/billions of them. specifically those that are coming up with trillions of supply.

Invest only what you can afford to lose to minimize your risk.

[wmaurik]

I think meme token is a big trap in the crypto space knowing that they just being created for the purpose of a meme and no utility use-case. And the recent pump of these memecoin just happen because of FOMOs created by some well known personalities not because of crypto-fundamentals.

Yes, this has been the case since the past because meme tokens have been around for a long time so the case is clearly almost the same as now, because some meme token developers only see the pump on Dogecoin thus triggering them to create new meme tokens in order to get the same pump as what happened to Doge.

[Distinctin]

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.

Though we can see that some of these coins had pump nowadays but to think about its assurance to stay long in the market, it is uncertain. We can invest them, actually, but never consider them for a long-term investment, short-term deals are suited for these kinds of projects.

Shiba coin is hot in the market, I know many traders ride on the market but it has to remind that we need to be cautious and need to analyze its trend carefully otherwise, you will end up losing.

[Desscount]

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.

dangerous or the moon?, of course both can happen, we don't know what it will look like,
if you believe in meme coin, then buy it, but if not, just avoid this meme coin, there are many meme coin scams,
and there are already many meme coins that go up high, I don't know honestly I'm confused

[lalabotax]

Meme coin will benefit only for the short trading term and it is done by not newbies. Here, meme coins are rising up because of theype. Once you get into the hype, you must know that it must be very careful. Getting the day trade for meme coins is very risky. But as long as you can take the profits, it doesn't matter. The matter is that if you don't know how to utilize the moment and only follow your friends, you may lose your money in those meme coins. SO, don't expect too much on this kind of meme coins.