Are we already in meme coins mania?

[indrakusumaindra]

I feel the Meme coin mania are about to over now cause the correction of bitcoin price. The mania makes people looking for new coins on tiktok or even in some signal coins on instagram, They will buy it fast on pancake swap with high gas and sell it immediately. Its really bad that people chasing pump coin and some people just got dumped very hard by buying this useless coins with zero project at all.

[1715251994]

1715251994

[1715251994]

1715251994

[lienfaye]

Because of the drastic growth of Doge due to Elon's tweet, meme coins got the spotlight and gain popularity especially to new investors who like to join the hype. Its not surprising to see the increasing number of meme coins on cmc, it became a new trend. However due to the market condition and the price declined of bitcoin, most coins (including meme tokens) were affected of bearish season.

Never buy this shitcoins, especially already pumped once, if you are early and like to gamble, I understand that 800x can be tempting  

Indeed its too risky, early investors are the ones who will benefited the price increased and those who were left behind are unfortunate to missed the price pump.

[gwdf1]

Personally I am not against meme coins. Trading on them is a good tool to get more than 10x in one day. But what you should remember when investing in them is: firstly, don’t invest money that you are afraid to lose, secondly don’t be greedy and as soon as you notice that price starts falling, sell it.

It is pointless to hold meme coins and, as a result, to be left with nothing.

[maxreish]

But meme coin is just a meme without crypto use. Just an entertainment purposes that will still fade as time goes by. I dont think there are still new meme coin that can be a dogecoin. I mean, dogecoin used in some gambling site and have been chosen by many investors even before the hype because of the lowest fees and fast transactions.

However, if these new meme coins can also proved their greatest existence in crypto like SHIBA INU and others who created after dogecoin pump, then let us see.

[Davian144]

Maybe yes, but I'm not a meme coin mania. this way to grow the popularity of coin memes with lots of new coins. but I'm not interested in collecting them. always be careful

It's good if you're not into coin memes as coin memes aren't really a collectible in the long run nor are they a good choice for trading in the crypto space,
so it's okay if you don't like coin memes.

[teosanru]

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

[Noruka]

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Who knows whether it is really over. Memes are a wide field. For now it related a lot to dogs and frogs and I don't know... But you can turn a lot of things into memes. You can turn Trump into a meme. Therefore we will see more meme coins coming, but we will probably not have another DOGE.

[DapanasFruit]

Right now, even if the whole cryptocurrency market is on a big dip or bearish mode, there is a resurgence of meme token projects all over. Just go to any free-to-join Telegram shilling groups and you can see what I mean. There are just too many and they are all promising the heavens including the stars and the planet therein to their prospective investors. They all want to bring us to the moon and beyond. Admittedly, I am supporting some of these new projects but am not anymore shelling out money from my pocket as I am now tired of scam type of a project and those who just failed or died a natural death. We have to be careful as 99% of these will just evaporate into the sky together with the money you invested on them. Be warned. Be wise.

[ethereumhunter]

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Who knows whether it is really over. Memes are a wide field. For now it related a lot to dogs and frogs and I don't know... But you can turn a lot of things into memes. You can turn Trump into a meme. Therefore we will see more meme coins coming, but we will probably not have another DOGE.

Doge will still Doge and it can not replace by the other meme coins. The trend for meme coins already end but it could rise again as we can not predict what will happen in the future. But playing on the meme coins can tempt people to become greedy because they already make a big profit from Dogecoin and still want to make another profit from the other meme coins. But they need to wait for more to see if the meme coins will have the chance to rise.

[isaac_clarke22]

~

Pretty much this. I still kind of heard some people being able to use them to casino stuffs though I am not fan of these gambling stuffs due to how risky it is rather than investing.
These are pretty much just hyped up most of the time.

[so98nn]

As stated they are nothing much but the meme coins so they are made to do nothing but make joke of! 
They are like fuels in the crypto open space, if you light it with smallest possible fire then it will catch big fire in the market and make a boom. But obviously after few days that is unaccounted for!

What I mean with this example is: We seen same story with the DOGE. The coin was literally worth penny and it was easy to pump with even small money. But guy like Elon fuel it with his fans money, his own money and driven the big fire towards it giving our ROI more than thousand percent in very short period of time.

That is the whole point here, meme coins are joke to the crypto, then can played the way we want if done smartly.

[South Park]

~

It all just started when a certain rich guy hyped it up. I wouldn't call it meme coins mania just yet, though I doubt it will happen anyway. Let's just see how long can they still last on their shillings because surely there will be point that these people will sell their coins.
NFTs going crazy right now here in my country as well and it is just because of a simple game.

It was not only because of what Musk did, there was another group of people that decided they wanted to pump dogecoin and this is why the price went up so fast, however people are losing perspective, they think they can invest in any coin and earn a fortune and this is simply not true, however it seems they are going to have to learn their lesson the hard way once those coins begin to crash as there is nothing behind them except hype.

[kawetsriyanto]

I don't think so that "we" are, but some of us maybe.
Moreover, when it goes to newbies who are trapped with the hype of meme coins, they are mostly getting on them.
Well, the hype will always happen and also continue every time, depending on what triggers that are being popular at that toime. As what happened to Dogecoin that can pump really high because of Elon Musk and also other good news.
Then, there are emerging many meme (shit) coins following, trying to be better and better than Dogecoins. Saying that they are offering much better fundamentals than Doge and many others. but in fact, they are still "a meme (shit) coin)".

[imstillthebest]

obviously we are because there is meme coins everywhere we go . people are expecting that there will be a next doge coin and shinlba inu so they are buying many kinds of meme coins as early as they can or as long as the price is still cheap . theres also  defi and nft  . they are not over yet especially nft that is starting to get popular again  .
 the three of them has their own level of risk but they can be profitable too if done right or if we get lucky

[Teraboy]

a trend like this will only pump and then dump because it is only a temporary hype, the lack of function of the coin meme is the cause of the lack of durability of the meme trend, only quality coins and have great fundamentals will be able to survive in the crypto market.

Agreed and the trend of meme coins has gone just in a few months. The NFT trend was farr better than the meme coin trend. meme coin mania already faced bunch of the scam coins because the scammers were only generating more and more scam token to be sold to fool people. It seems like that NFT trend will become a long time trend.
More and more game got introduced and this is pretty interesting.

[indo1]

Meme coin was popularized by Elon for the first time, but it faded when we know that Elon Musk tried to manipulate bitcoin, I think the meme coin trend is the shortest trend in the history of cryptocurrency that I encountered, because it's like a concept that is not very useful, just for entertainment only, even some people lose a lot in buying them.

[Noruka]

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Who knows whether it is really over. Memes are a wide field. For now it related a lot to dogs and frogs and I don't know... But you can turn a lot of things into memes. You can turn Trump into a meme. Therefore we will see more meme coins coming, but we will probably not have another DOGE.

Doge will still Doge and it can not replace by the other meme coins. The trend for meme coins already end but it could rise again as we can not predict what will happen in the future. But playing on the meme coins can tempt people to become greedy because they already make a big profit from Dogecoin and still want to make another profit from the other meme coins. But they need to wait for more to see if the meme coins will have the chance to rise.

No, "meme" is a timeless term. It just depends on the social/political/economic circumstances that might lead to another meme coin. You could think of all kinds of events in the whole world and if then somebody starts a coin that in a certain sense relates to that event, you get really close to already call it a meme coin. Meme coins are not necessarily only about dogs or other animals.

[mindrust]

I don't think this is a long term mania phase. Shitcoins moon and die all the time even in the bear market. That's nothing new. There will always be another alt that claims to be the next x100 coin and sometimes it really is, until it goes to zero. The coin you linked to isn't anything special. It is just good old pump dump.

The best coins are those who even call themselves 100x coin! Guaranteed profit, why else the name? Since it fits your comment:

https://coinmarketcap.com/currencies/100xcoin/

Pump and dumps everywhere.

Hilarious. Directly to the point.

If this was on a more reputable exchange I would buy some just for the lulz. Cheap as f too. What do you think? Can it make x100 easily from here? Might worth a try. 

All it needs to is one x100 and it can die in peace.

[wwzsocki]

... What do you think? Can it make x100 easily from here? Might worth a try.  

All it needs to is one x100 and it can die in peace.

This is for sure possible, like I have written in opening post, I don't reveal the names of these meme shitcoins, but I have seen few only in last two weeks that pumped 800, 400, 100X

Pure pump and dump of course, as we can see the first pump was the most spectacular, next once pumped much lower but still 400 or 100X in a day or two is a lot.

Totally no products, no communities, all of them just stared, I always wonder who buys such shit on ATH?

[teosanru]

I think mene coin mania is over now. It actually lasted only at the time of bull run, now that bull run is over I don't think meme coins are going to last a long way. It was the big volumes which was giving these coins big boosts. In bear run these coins won't even be able to hit their IEO price. Moreover after what Vitalik did these meme coins actually failed terribly so we don't really need to worry about these coins.

Who knows whether it is really over. Memes are a wide field. For now it related a lot to dogs and frogs and I don't know... But you can turn a lot of things into memes. You can turn Trump into a meme. Therefore we will see more meme coins coming, but we will probably not have another DOGE.

Doge will still Doge and it can not replace by the other meme coins. The trend for meme coins already end but it could rise again as we can not predict what will happen in the future. But playing on the meme coins can tempt people to become greedy because they already make a big profit from Dogecoin and still want to make another profit from the other meme coins. But they need to wait for more to see if the meme coins will have the chance to rise.

No, "meme" is a timeless term. It just depends on the social/political/economic circumstances that might lead to another meme coin. You could think of all kinds of events in the whole world and if then somebody starts a coin that in a certain sense relates to that event, you get really close to already call it a meme coin. Meme coins are not necessarily only about dogs or other animals.

Meme might be a timeless term but meme coins aren't timeless once people lose a lot of money in them most of the people will become aware about how these coins are just fake and Don't provide any real value just like the idiotic ICOs went down the drain. But yes there would be another such thing which would definitely take away the money of innocent investors again. There are many sharp brains who know how to make money from idiots.