Are MEME Coins A NEW Trend

[Tipstar]

The funny thing about MEME coin is they fall as fast as they rise. But with several attempts, I've seen investors are less attracted with every MEME coins named dog or puppy. They had their time and it's gone. Shiba Inu has launched their own DEFI, I hadn't expected even that from the team. Good for them. But DEFI are too decreasing in popularity as the prices of defi tokens falls as its inflation rises. 1000% APY is not only profit but also inflation.

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[Galley]

Coins-memes, if they are a trend, are not for everyone and for a short period of time. Doge cannot be an indicator of their reliability and a guarantee of a successful investment. No one can guarantee that they will be alive in a year, and therefore more reliable assets are preferable for investments. And these are all toys, such as crypto cats on ETH.

[m.rifki]

meme coins are just shit coins that are inflated according to the trend of the market movement, so its value can go up quickly, and also drop suddenly, causing investors to lose money when investing in it. that's why I think the coin meme is not a trend but it's just a game of price pumpers in the crypto market.

Yes, meme coin is just a pump and dump game, there is no real benefit from this pesky coin, we have also seen many investors trapped in meme coin game, some people do get profit but only for those who are lucky on time.

[crypto1010]

I don't think so, as a long-term investor. I would still choose projects that have a real use case just like an NFT-based social profile constructed for users based on their contribution and achievements in the digital world. Who knows, maybe a few years from now, they would be the next Instagram or Twitter or Tiktok.

[sammy21]

better don't force your luck on meme coins. they will go fast. and I think the trend is over because there have been so many victims. and it will be an experience for everyone not to believe easily with the millions of new meme coins that are coming because of the success of dogecoin and SHIB.

Yes, Dogecoin and SHIB are indeed superior to other meme coins, but we can't standardize that meme coins will be as successful as them, meme coins are just unlucky coins created and raised by a trend, when the trend is over they will soon sink, no There is a clear future of meme coins.

[koang]

Meme coin is one of the fastest-growing sectors in building communities and is able to attract new investors to the crypto space
But unfortunately, the media coverage only focuses on the hype of the meme coin market, they forget that the meme coin has weak fundamentals.
Without the fundamentals and unique use cases, meme coins are not a good investment in the long term. IMO

[Suharti12]

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

Speaking of meme coins, I'm very sorry, because I didn't believe in Dogecoin, which currently has a fairly expensive price. 
Looking at this Dogecoin, it looks like there will be more meme coins that have the same fate as Dogecoin but I don't know which one it is. 
But if the purpose of creating a meme coin is just to take a temporary profit, I think it will be bad for the industry.

[tees420mar]

In recent times many shit coins pump and dump also even we have seen rug pull also where mostly all the investors lose their money so we should focus on good coins rather than shit coins. These shit coins in my opinion ruining the image of the cryptos it is not good for the market I feel. Good product base coins are the future of the crypto market.

[zulfi125]

MEME coins are just trending, as you can see in coinmarketcap there are coming MEME coins every day but this trend will stop soon and there will be no worth of new coming MEME coins and newbies will be lost their money in MEME coins so I suggest don't invest in MEME coins.

[Wicked17]

meme coin will only come and go. once the hype is over the coin will die eventually. For me those kind of coin are similar to a hyip program. I will never ever trust my money to invest to shit coin

[koang]

meme coin will only come and go. once the hype is over the coin will die eventually. For me those kind of coin are similar to a hyip program. I will never ever trust my money to invest to shit coin

You're right, meme coins will come and go But this shouldn't prevent us from making money from meme coins
because even if it's just a meme but sometimes it's enough to make the price skyrocket
and Investing in these coins can be a fun part of the cryptocurrency

[freedomgo]

meme coin will only come and go. once the hype is over the coin will die eventually. For me those kind of coin are similar to a hyip program. I will never ever trust my money to invest to shit coin

You're right, meme coins will come and go But this shouldn't prevent us from making money from meme coins
because even if it's just a meme but sometimes it's enough to make the price skyrocket
and Investing in these coins can be a fun part of the cryptocurrency

Just like what happen to DOGE, meme coins are high-risk coins, but if you understand the risk of investing it, that means you know how to play and you are willing to play, just consider it as gambling, you win some you lose some but if it will skyrocket like DOGE, you'll never regret if you get in early.

[mulia sabee]

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

it seems that your answer in the last statement is interesting, the number of coin memes launched on various platforms will attract beginners to continue their game in digital currency, both in playing investment and in hunting for Airdrops. Among the many coin memes launched by SHIBA INU, it has now been widely discussed, hopefully the coin meme gets the highest value share among the many coin memes presented.

[alpamar99]

Just like what happen to DOGE, meme coins are high-risk coins, but if you understand the risk of investing it, that means you know how to play and you are willing to play, just consider it as gambling, you win some you lose some but if it will skyrocket like DOGE, you'll never regret if you get in early.

yes, even if compared to coins, which are indeed a lot of coins today, the risk is still great if you use a meme coin like this.
because it's not without reason, coins like this only rely on hype, pumps and dumps to survive.
and what you say about gambling is true, it's like gambling and just hope your intuition and observations are right. because if you are wrong you will lose in this gamble.

[superman184]

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

I think that MEME coins are trending but no more so than other coins. As you have mentioned with the advent of the over-appreciated Doge coin according to the tweets made by famous characters, more and more people are starting to make such coins. Almost all of these coins do not have significant value or a strong case to be realized over time. Nowadays, this is no longer a trend and most of the traders prefer to keep some other assets instead of MEME coins. But this MEME coin can also be held for the long term.

[freedomgo]

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

I think that MEME coins are trending but no more so than other coins. As you have mentioned with the advent of the over-appreciated Doge coin according to the tweets made by famous characters, more and more people are starting to make such coins. Almost all of these coins do not have significant value or a strong case to be realized over time. Nowadays, this is no longer a trend and most of the traders prefer to keep some other assets instead of MEME coins. But this MEME coin can also be held for the long term.

That's the reality that every investor should know, it's okay to ride with the hype as long as they understand that it cannot be for long-term investment. Meme coins should not be level with ETH and BNB that has a continuous development, and its long-term potential is great Meme coins are good when it's hype but will eventually die when the hype dies.

The father of meme coins is DOGE, while the father of DOGE is Elon. 

[Coin BTC]

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

I think Meme tokens are like a joke that exists in blockchain systems. Look at the name of the token that is associated with Dogecoin. There is a WifeDoge token, Baby Doge, maybe in the future Grandchild Doge or Grandpa Doge will appear. Apart from that there was the ShibaINU token, which later gave birth to Baby Shiba. Isn't that a joke? If we look at the token prices everything is on the cutting edge.
If we take a look at the BSC, Ethereum, Polygon blockchains, there are probably hundreds of tokens appearing every day. Moreover, decentralized tokens can be traded on swap platforms easily. If they're new users I think they'll be stuck with junk tokens. Maybe many are not happy with what I say, but the fact is. So I have to say even though I have to take a risk. It's possible that junk tokens will flood the Cardano blockchain soon, due to Cardano's fledgling smart contracts.

[isabellel2]

With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

The new trend of investors today is NFT and profitable games by playing games and making money. According to current statistics, the number of users using NFT games to make money is very high and making profits with not small numbers like Axie, PUV, crypto zoon... and many projects have attracted quite a lot of attention. many people participate. It's just a dead trend we all have to stay up to date and well informed if we want to be a smart investor.

[Kusman]

Are they bad for the industry? Yes and no. Yes, because most of them are even scam projects and people will figure it out when they lose a lot of money in them. No, because they are just coins that are invented just for fun. They don't mean any harm to the market normally. And we saw that even a meme coin could have a big importance like Dogecoin.

[livingfree]

Are they bad for the industry? Yes and no. Yes, because most of them are even scam projects and people will figure it out when they lose a lot of money in them. No, because they are just coins that are invented just for fun.

They really are bad in the economy of cryptocurrencies if the point is many of them are scams. That's really a negative output that shall we look at because we don't want others to be scammed.

They don't mean any harm to the market normally. And we saw that even a meme coin could have a big importance like Dogecoin.

They do because they already know that they've made a meme coin and are likely to exit and scam investors if the project is unsuccessful.