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Author Topic: Meme coin craze  (Read 308 times)
FloridaKid (OP)
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October 29, 2021, 06:55:53 AM
 #1

A quick warning for those who needed them, be careful with projects that ends with the word .inu and nomics , right now investors are investing once again on projects mainly on hype and FOMO and developers are ready to take advantage of them, almost every new projects that listed on coinmarketcap ends with inu, small time now we will start seeing

Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
 Grin Cheesy Grin Grin

Just know where you put your money not all these meme coins mean business

adiebitsler
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October 29, 2021, 07:46:01 AM
 #2

When there are more advanced meme coins like Dogecoin, then copy coins will also be born to take advantage of certain moments such as hype and trends, an example of this you can find in Babydoge.
After that when Shiba Inu gets a lot of good responses and amazing pumps, then a meme coin with a copy of this name will also be born as you have mentioned and all of them will trap everyone who starts to believe in him at this time.

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FloridaKid (OP)
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October 29, 2021, 12:27:40 PM
 #3

I respect shiba inu token for one purpose and that's the team, honestly I've seen successful projects since 2020 that aren't that popular but as time goes on these projects brings insane profits to investors, the fact is you really can't tell which one has a serious team and which one isn't, it's just that meme coins are 💯 more dangerous

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October 29, 2021, 12:52:36 PM
 #4

Some projects are bad for them. But is it right to believe that all projects will be bad? I don't think all projects will be bad for them. Currently Shiba Inu is pumping slowly. It has not gone down at all now. They have a good spread in the market. So it can be said that even if it is bad, not all projects are bad

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October 29, 2021, 12:56:35 PM
 #5

Shiba is different and also the real doge killer to me but every projects after shiba are just here to catch cruise, yea it's possible that they can bring insane profits but I don't recommend for long term, if you buy such tokens watch them very closely and exit when you get profits

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October 29, 2021, 12:57:16 PM
 #6

A quick warning for those who needed them, be careful with projects that ends with the word .inu and nomics , right now investors are investing once again on projects mainly on hype and FOMO and developers are ready to take advantage of them, almost every new projects that listed on coinmarketcap ends with inu, small time now we will start seeing

Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
 Grin Cheesy Grin Grin

Just know where you put your money not all these meme coins mean business

I agree with you, that there will be many projects that appear in the future, because we know that successful projects will have plagiarism on the current developing projects, so we'll see how long the project will run, will it be a future project or not. only solely to seek profit solely from the money of the investors..
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October 29, 2021, 04:12:24 PM
 #7

A quick warning for those who needed them, be careful with projects that ends with the word .inu and nomics , right now investors are investing once again on projects mainly on hype and FOMO and developers are ready to take advantage of them, almost every new projects that listed on coinmarketcap ends with inu, small time now we will start seeing

Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
 Grin Cheesy Grin Grin

Just know where you put your money not all these meme coins mean business

There are too many meme coins on crypto market now, there is a new wave of hype that is why there are many scammers, who use this hype and launch their tokens to attract newbies. But we should be very careful in terms of new coins. We should investigate a web-site, documents, partnership, a development team and it will be great if you can read smart-contracts.
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October 29, 2021, 04:55:24 PM
 #8

Okay, shiba can be useful, but everyone knows that other meme tokens or cat, dog tokens do nothing but create fomo. In fact, it is beneficial for conscious investors, new investors for some reason always join the ecosystem to invest in such shit tokens and usually lose their money. The only difference between them is shiba and it has proven itself in this regard.

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October 29, 2021, 05:04:22 PM
 #9

After the success of Shiba inu it is not surprising to see copy cat jumping out and using the inu name to gain recognition, Shiba inu according to an article I read has shibaswap audited by certik which means Shiba inu now has a use case and it is more than just a meme coin, and as for those copy cat inu, I would say be careful with them.
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October 29, 2021, 05:13:50 PM
 #10

~
Well searching "Naruto Inu" led me in this page. Not sure why people think that these coins are worth losing your money for, but I am just curious on the reasoning.
I watch anime, but I was never fan of that anime lol. Doge and Shiba were the popular coins that I know that are meme, but I never expected that a lot will still follow.
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October 29, 2021, 05:23:55 PM
 #11

A quick warning for those who needed them, be careful with projects that ends with the word .inu and nomics , right now investors are investing once again on projects mainly on hype and FOMO and developers are ready to take advantage of them, almost every new projects that listed on coinmarketcap ends with inu, small time now we will start seeing

Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
 Grin Cheesy Grin Grin

Just know where you put your money not all these meme coins mean business

It is really hard to keep track what is even happening or which projects with a great long term potential are launching soon with all those meme-coins that are coming out each and every day and that for at least a few months now. I was really hoping that the meme-coin wave would slow down or even die out when the market dropped quite heavily in the beginning of may, but somehow that trend just won't die. The reason for that is quite simple in my opinion. You don't really need to be a dev to launch a meme-project, you just create a ETH, BSC or Polygon token and give it a weird name and hope for the best. 99% of those meme-coins will be dead in a few months.
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October 29, 2021, 05:27:39 PM
 #12

Well searching "Naruto Inu" led me in this page. Not sure why people think that these coins are worth losing your money for, but I am just curious on the reasoning.
I watch anime, but I was never fan of that anime lol. Doge and Shiba were the popular coins that I know that are meme, but I never expected that a lot will still follow.

I would say those anime inu coins are not worth to invest because they are just a meme but the reality is different, the hype of those coins is really high and it could make one exchange listing a week (Big exchanges also). So my conclusion is, meme coins could make a lot of profits as long as we enter at the right time because when the hype is over, our investment could be consider as gone.
so98nn
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October 29, 2021, 05:38:16 PM
 #13

This kinda garbage will always follow when some coin is in the boom. Sometimes I feel like there is whole team is sitting around the corner who is continuously coding a token or coin once they find the parent coin is booming. Lolz. They would immediately start with their github development, make some non sense site with lucrative design, social media accounts with cheap budget followers and everything that can support it as amazing looking project.
You are completely right, they will also deceive the newbies with the same names either the whole or partial. It's such a stupid thing to do but these peeps know they have the ability to loot peeps so its like criminal warfare of crypto underworld. Funny and worst at the same time.
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October 29, 2021, 05:44:10 PM
 #14

Just know where you put your money not all these meme coins mean business
Thanks for the reminder but I'm not investing in those.

the fact is you really can't tell which one has a serious team and which one isn't, it's just that meme coins are 💯 more dangerous
True.

Many of these meme coins came out and just were for the profit and we didn't expected that shiba could grow this a lot. Well, despite it's hot in the market, I've decided not to invest on it.

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October 29, 2021, 05:58:26 PM
 #15

Hype began to surface again with the marked increase in Shiba Inu and all memecoin began to move showing a massive increase. Almost all promote various memecoin under the nicknames of their dogs.

Whether with a very large number of memecoin, of course it is difficult to identify which ones are truly profitable. Because the ups and downs of investors are quite volatile.

I dare not choose one memecoin. Too careless to enter when heavy rain will bring big currents. I'll be watching Shitcoins on the prowl.

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October 29, 2021, 06:07:19 PM
 #16

After the success of Shiba inu it is not surprising to see copy cat jumping out and using the inu name to gain recognition, Shiba inu according to an article I read has shibaswap audited by certik which means Shiba inu now has a use case and it is more than just a meme coin, and as for those copy cat inu, I would say be careful with them.
Shiba isn't the only meme coin that passed certik, others like kishu inu, saitama and very few passed certik successfully, even kishu and saitama made it to gate.io, people just tend to like meme coins this time around simy because of doge coin success, I'd say enter and take advantage as well

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October 29, 2021, 06:34:18 PM
 #17

Dogezilla meme coin just rugpull hours back lol, over 300 BNB are been sold by the scam artists leaving people at huge loss, this will serve as a lesson for all those desperately looking for where to invest their money without proper research

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October 29, 2021, 06:40:41 PM
 #18

Shakura inu
Kiba inu
Naruto inu Which I'm sure is coming
 Grin Cheesy Grin Grin

Just know where you put your money not all these meme coins mean business

Don't know if you're fan of anime or not, but those project owners wanna take advantage of anime lovers as all those tokens are named from the characters name of "Naruto" anime. Not only this, there are also so many memecoins which used the main character's name of famous anime/manga. Also, those are just launched to grab money from the market and many of those projects already became scammed project. So don't believe into those, just put those amount which anyone can afford to lose.  Wink

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October 29, 2021, 06:41:12 PM
 #19

Dogezilla meme coin just rugpull hours back lol, over 300 BNB are been sold by the scam artists leaving people at huge loss, this will serve as a lesson for all those desperately looking for where to invest their money without proper research

Nice catch! This is exactly what OP is talking about, new scammy projects are popping out and people invest in them and lose money! Just because of the hype around, this time about meme coins!

Well, people who invest money without proper research risk a lot definitely, I don't believe they are aware of that, they will get a clue once everything is over! In the end, we all paid some school, looks like it's how things going!

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October 29, 2021, 06:56:07 PM
 #20

Just know where you put your money not all these meme coins mean business

The same on decentralized swap exchanges before. Honestly, not new to crypto. We have seen that many times. But yes, since there are always new on this game, they might easily be lured on those new projects because of its sounds legit as names are derived from popular ones.

But I trust most newbies today that they won't fall on that simple trick. Yes, there will always be someone that will be lured by it but at least, and I believed, that the whole percentage isn't that high.

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