LordMiguel
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Activity: 175
Merit: 10
ITSMYNE
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June 26, 2021, 09:50:42 PM |
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what value do they hold. the right question one need to ask himself. what do they have to offer? Nothing but social interactions. far from that. those projects are for market controllers and players. if you well akin to the trading market, they are revenues for making money. their price movement are easily predicted. so if you are not grounded in trading. forget the meme coins or you might loose.
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Vaculin
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June 26, 2021, 11:47:33 PM |
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No never have to wonder about it in the first place. Think that all potential coins still have time to crash, how much more for these shitcoins/meme coins. They are more vulnerable to such a trend and therefore, we never have to expect that it keeps on rising but instead, to possible crashes and never rise again. Now, if you are investing one of these coins, time for you to think about selling, yeah, better take that opportunity before it becomes dead.
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flyeers309
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Activity: 177
Merit: 50
My Dream Comes True
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June 27, 2021, 12:56:52 AM |
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Why crasing? Because they have no usecase, nothing interesting in whitepers or roadmaps. Just like Project Pump and Dump. They will only following the hype and will make you poor in an instant. I have never touched a meme coins because the risk is very high even very difficult to analyze technically and fundamentally, nothing interesting.
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G-Money7777
Copper Member
Jr. Member
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Activity: 177
Merit: 2
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June 27, 2021, 01:05:07 AM |
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No use case... they mean nothing.
Invest in Coins/Projects that actually do something.
My big winners are Ethereum of course, ARK, Waves, and my 100x Prediction of Opacity OPCT
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cabron
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June 27, 2021, 01:07:45 AM |
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No usecase as said above. Meme is fun but that's just it and no relation to the coin itself.
Doge has no development done yet after Elons support so there goes one point I guess but most of all meme coins are just hype. If we see something behind what dogecoin will be once there is something to look forward to, the price might actually go up.
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noorman0
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June 27, 2021, 02:50:46 AM |
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As the name suggests, when they pump it is actually a joke then many people assume that this coin is starting to get serious. When a dump occurs, people are still expecting something even though memecoin is starting to show people seriously that this coin is just a joke and not worth it.
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This space for rent. Available in mid January 2024 - PM me |
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john1010
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June 27, 2021, 04:18:32 AM |
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My simple answer for this is, simply because they are "MEME" coin and meme project, there is no serious matter, driven by hype and popularity, for short period, not stable and not sustainable because they are "MEME".
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inanilujimi
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June 27, 2021, 04:32:22 AM |
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meme coins are used for short profits, and occasionally whale will invest for maximum profit, if one is late to exit, the risk will be to lose a lot of money on investment. the meme coin is just a whale for pump and dump therefore its reputation is on the decline at the moment considering the market is in transition to a bear market.
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junkerr
Full Member
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Activity: 1022
Merit: 100
Meta4uStake.io
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June 27, 2021, 04:40:25 AM |
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meme coins are used for short profits, and occasionally whale will invest for maximum profit, if one is late to exit, the risk will be to lose a lot of money on investment. the meme coin is just a whale for pump and dump therefore its reputation is on the decline at the moment considering the market is in transition to a bear market.
however, meme coins are also gaining popularity in their community. such coins live up to the hype they do and then fall at the loss of a few people who are late to exit. those who get clear profits must be those who have large capital with strong price manipulation power. |
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michellee
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June 27, 2021, 06:05:12 AM |
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Meme coins are crashing because they follow bitcoin and altcoin price down and it is hard for them to increase back unless they get another pump from the developer or people like Elon. If you are scared to invest in meme coins, you do not have to try that and it is better to invest in other potential coins. But if you want to gamble with your money because the meme coin tempts you to invest in that coin, you can use small money to buy the meme coins and hold it but you will never know when the price can increase.
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semobo
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June 27, 2021, 07:01:36 AM |
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You are scared of memecoins but you also promoting a shitmeme coin at the same time, I don't get what is going on in your mind. Anyway to answer you question, the price drop is not only happening with memecoin the whole crypto market is down, the gold prices also mean the bullish trend might be over. Get ready for Holding but don't hold the shitcoins too longer. |
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Bitcoinjheta
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June 27, 2021, 09:59:20 AM |
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You don't have to be scared of buying dogecoin and shiba inu on dip price because now a days they are more talks about in the crypto news and social media which currently speculate on tweeter influencer Elon Musk. Once the behavior of the market will survive it surely goes up its value in time. |
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CryptoWarriorsssss (OP)
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Activity: 103
Merit: 1
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June 27, 2021, 10:29:12 AM |
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My simple answer for this is, simply because they are "MEME" coin and meme project, there is no serious matter, driven by hype and popularity, for short period, not stable and not sustainable because they are "MEME".
Indeed , as the meme is simple , thus no much risk to join the airdrop to the tadp and other airdrops |
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CryptoWarriorsssss (OP)
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Activity: 103
Merit: 1
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June 27, 2021, 10:30:09 AM |
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do you still believe in meme coins? I honestly don't believe in meme coins, and it's too risky to invest without clear goals and projects. Don't expect too much because when the price is down it's hard to get up
U can not say so , mate, I believe crypto, thus meme is also |
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iTradeChips
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June 27, 2021, 11:17:40 AM |
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meme coins are used for short profits, and occasionally whale will invest for maximum profit, if one is late to exit, the risk will be to lose a lot of money on investment. the meme coin is just a whale for pump and dump therefore its reputation is on the decline at the moment considering the market is in transition to a bear market.
I think the meme coin is only good at making the initial investors rich. Looking at the life span of DOGE, in its 8 year history it only increased one time. If Dogecoin took 8 years for its price to go high then what would be of the memecoins that are hardly well known and popular? They will take a long long time for it to increase its price, and lucky if the cause of the price increase is a hype coming from a billionaire investor. Pump and dump? Yes, if you are not patient with crypto. |
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macson
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June 27, 2021, 11:24:07 AM |
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meme coin is made for a joke and not a serious so the price will always crash....Elon musk is the best coin meme marketer and all coin memes on the market are shit. crypto market is much cleaner if there are no coin memes.
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Henrobakkara
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June 27, 2021, 11:36:24 AM |
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Why shouldn't DogeCoin go down and why should it even go up in price? What does DogeCoin offer that should make it go up in price? Have you seen the market lately? Even the best of the best with everything to offer in terms of product delivery are going down in price. If not for all the hype DogeCoin had from Elon musk, would it seriously get to the price it traded in its ATH? |
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cheezcarls
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June 27, 2021, 12:07:26 PM |
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The reality of meme coins is their momentum doesn’t last long. After all, they’re just simply meme coins with no real and positive use cases. Thus, they are not built for long term growth. Dogecoin’s rise is due to Elon Musk’s enthusiasm by making ridiculous tweets that would pump DOGE as well as Mark Cuban accepting this meme coin for purchasing game tickets and merchandise. For Shiba Inu’s growth as it got listed on Binance, it was pure hype and holders are just lucky that the price boomed after this announcement. The momentum of meme coins are going to die down soon, and the best ones for long-term investment are those coins, tokens and NFTs with real and special use cases that would benefit various industries for good. |
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Yamifoud
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June 27, 2021, 12:42:58 PM |
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meme coin is made for a joke and not a serious so the price will always crash....Elon musk is the best coin meme marketer and all coin memes on the market are shit. crypto market is much cleaner if there are no coin memes.
Indeed, it has value today because of the hypes made by whales but after all of this trick, the reality had to come out, and this was what we are seeing this time. And I don't understand that some meme coins are listed on a reputable exchange like Shibacoin? Anyway, it doesn't matter because I'd never invested this coin even it was on Binance. If meme coins are started to decline, I'm not sure if they still have the change to recover or they end their life shortly. |
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Snigdho07
Jr. Member
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Activity: 32
Merit: 1
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June 27, 2021, 01:53:08 PM |
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Look, before giving my simple thoughts I want to tell you something... I hope you have shown that most of the meme projects total supply is very huge like quad-trillion or even more. And we can also tell that meme coin is like a hype coin. So people invest here only for short time not for long time. After their achieving profits most of them sell off their coin so we see sudden crash. |
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