Are meme tokens dangerous or moon

[Hypnosis00]

I don't like to draw a conclusion as not all meme coins could be bad as shitcoins but honestly, I don't have the trust that they will stay longer in the market and make moon again as the bullish season has been done already. Many are thinking it will become dead someday, I hope not, however, it can't be denied that most of these projects have no working products and not listed to reputable exchanges this means that there are not safe and they will be ignored by the investors. If that so happens, a bigger chance that they will be dead.

[1714737774]

1714737774

[radjie]

most people already know meme coin became popular because of the strong support from big businessmen for Dogecoin so it can increase its popularity because after the entry of people who have great influence, the associated coin price can increase significantly.  This is widely used by several people so that it can create other meme coins.  and I think the level of risk is much greater if we invest in it because meme coins are very easily influenced by big players so the price can be easily manipulated

[lalabotax]

-snip-

Indeed.
Actually that we are professional traders and have really understood the mechanism of the new tokens that are newly listed.
But personally, if we are newbies and also not really familiar with this, better to ignore it. I am also not really interested to get this because this is too risky.
Let's be more realistic, better to put our money in something that we can afford than putting money in something that we really newly don't know and moreover only follow the FOMO or the hype. This is really bad and not secure enough.

[nikita2020]

A lot of depends from the liquidity of the coins, to have a good liquidity listing is necessary and news like that https://twitter.com/100XCoin_/status/1407692410738577408

There are a lot of meme coins now because they are popular and hype is around them, but the price of meme coins depends on their popularity and the number of people who use coins, so it is very important to sell meme coins.

The popularity of me coins largely depended on the hype around me coins, and now the hype is over, so it is important to continue developing the project to show its true value.

[BobK71]

shit token always dangerous. and meme token like shit so it is clearly dangerous. But Elon Musk has raised the value of 2 meme tokens through some tweets. This does not mean that all meme tokens will go to moon.

[viananda2525]

A lot of depends from the liquidity of the coins, to have a good liquidity listing is necessary and news like that https://twitter.com/100XCoin_/status/1407692410738577408

There are a lot of meme coins now because they are popular and hype is around them, but the price of meme coins depends on their popularity and the number of people who use coins, so it is very important to sell meme coins.

With bitcoin turning bearish meme coins are no longer pumping, I guess that means the hype is over the bubble has finally popped and so many people have become rekt by the meme shitcoins, because they invested in a meme coin with no use case and was expecting over 1000% in return, it's really funny how most people joke around with their hard earned money, meme coins aren't worth buying or investing in them.

doge momentum now has gone and less investors will speculate their money again into this game. Much investors trapped in elon musk tweet and loss huge amount of it. traders or investors that playing their money into shilling game and didnt make proper analisys will get their risk. By this experience, now we should think twice before we decided to buy meme coin.

[MCobian]

A lot of depends from the liquidity of the coins, to have a good liquidity listing is necessary and news like that https://twitter.com/100XCoin_/status/1407692410738577408

There are a lot of meme coins now because they are popular and hype is around them, but the price of meme coins depends on their popularity and the number of people who use coins, so it is very important to sell meme coins.

With bitcoin turning bearish meme coins are no longer pumping, I guess that means the hype is over the bubble has finally popped and so many people have become rekt by the meme shitcoins, because they invested in a meme coin with no use case and was expecting over 1000% in return, it's really funny how most people joke around with their hard earned money, meme coins aren't worth buying or investing in them.

doge momentum now has gone and less investors will speculate their money again into this game. Much investors trapped in elon musk tweet and loss huge amount of it. traders or investors that playing their money into shilling game and didnt make proper analisys will get their risk. By this experience, now we should think twice before we decided to buy meme coin.

What Elon Musk has done by manipulating the price of meme coins is a valuable lesson for all of us. We should not be trapped for the second
time by investing in meme coins and end up experiencing losses. So for me investing in meme coins should be avoided and very dangerous
if it doesn't come out at the right time. It is better to choose investments in coins that are safe and worth buying, so it is important that we have
good analytical skills. In order not to be wrong in choosing coins for investment.

[kawetsriyanto]

shit token always dangerous. and meme token like shit so it is clearly dangerous.

Agree. Even if many people ever gained millions of dollars from meme tokens, it is always dangerous to invest in. They may be just lucky in the previous attempts, but they may get a different result in the next attempts. Since we are not in an uptrend anymore, it is very risky to invest in meme tokens. I am not sure if many people can gain big profits from meme tokens anymore in the current downtrend. I see the hype of meme tokens isn't as popular as in the bullish days. So, be careful on meme tokens! You are better to keep your money in USDT than risk your money in meme tokens.

[Rengga Jati]

Testing is really necessary because it is very useful, but the results will certainly not always be the same at other times because DIVI is also a coin whose price can go up and down like the others.

And testing like this is very not recommended for newbies. But in fact, precisely newbies are those who are trapped with the hype of meme coins so far. 
The price will change very drastically only in a short time, and once we miss the moment, we may not get the right moment again to sell the tokens. And then, we lose our money.
That is why this is very risky.
But, if we are already very familiar with the cycle of this kind of coin on the market, we may utilize that small chance to get big profits in a short time.

[BaeSuzy]

DOGE, SHIB and now another meme coin. I don't think JSHIBA will works as good as doge or shib, right now it's kinda ridiculous most people think they can be rich just over one night to invest on this meme coin like this.

[sammy21]

Until now I'm not interested in any meme coins, maybe DOGE has shown growth but in it there is a game and manipulation from an Elon and it irritates me, the risk of meme coins I still can't accept, I'd better choose definite coins over meme coins .

[Almasani]

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.

Don't talk too much about what we do. This kind of token does not need to be developed, because it drains too much energy. Just keep the existing one well. Because Shiba hasn't certainly gone well ahead, and you've used another word with the name Shiba.

[gwdf1]

DOGE, SHIB and now another meme coin. I don't think JSHIBA will works as good as doge or shib, right now it's kinda ridiculous most people think they can be rich just over one night to invest on this meme coin like this.

Everything depends on advertisements and marketing campaigns. If another Elon Musk plugs JSHIBA or any other shitcoins, it will increase by 100 times easily, so no problem for people to become rich in just one night by investing in meme coins like this. I am not against meme coins for fast speculations, but when it is for a small sum of money. But as soon as hype ends they will die,so the most important thing is not to be very greedy.

[indrakusumaindra]

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.

Well i dont see the any reasons that could explain that meme tokens are going to the moon. The last pump is only because the tweet from someone famous like elon musk. There is no value behind it and even vitalik butterin just happily sell it and make it dump so hard. I do believe many meme coin are useless and you should not invest on it cause it pretty dangerous, most meme coin have an anonymous developer which i dont think good cause they might be run away and also not credible enough to take as a reason to buy the meme coin.

[Luffygroove]

Honestly, why does the title different from your explanation, thou'? It seems like you're actually confident that meme token is a great thing, you even promoting a project lol. Anyhow, back to the question. I think the answer probably will be different, depending on who you're asking. If those people only focusing on profits then, for now, meme tokens actually not dangerous, it can be a good opportunity to gain some short-term profits. But, if you're asking those people who actually care about the crypto world's future I think the answer is, yes it's dangerous. Why? because it can harm legit projects with good fundamentals, technology, and real use cases. It's shadowed by meme token projects, people leave those kinds of projects for only some short-time profits.  Then, those good projects will die for lacking funds. This is also dangerous because common people probably will be attracted just because of this kind of project. Pump and dump scenarios, without looking further what actually the crypto world can do in the future. Sad.

[Sithara007]

Well i dont see the any reasons that could explain that meme tokens are going to the moon. The last pump is only because the tweet from someone famous like elon musk. There is no value behind it and even vitalik butterin just happily sell it and make it dump so hard. I do believe many meme coin are useless and you should not invest on it cause it pretty dangerous, most meme coin have an anonymous developer which i dont think good cause they might be run away and also not credible enough to take as a reason to buy the meme coin.

If the pump just results from a single tweet or support from a celebrity, then it is not going to last. The situation can change however, if some of the promoters take an active interest in the development and make the coin acceptable to ordinary cryptocurrency users. And in case of Dogecoin, I am yet to see any such effort from their part. The promoters and large holders seems to be blinded with the sudden influx of wealth that landed in their hands, after the 100x bull run they had in the last 12 months. They are least bothered about the long term survival of the coin.

[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.

[BigBos]

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.

[bitterguy28]

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.

Some had already Mooned but majority are Scams , Dogecoin is even a Meme coin that reached the top this year.

I'm sure that People around the market that we called Whales had already made thir actions .

They are the one who is making this act on market , and they are Playing the market as the Bitcoin strength shows the whole community and they find this opportunity to manipulate the market.

[DonFacundo]

I don't think meme tokens are worthy to invest for long because they just pump and dump. There is no project behind it, the dev made it just for fun and also can make money, he can dump it all anytime. This is how so risky investing in meme tokens, very dangerous...