Meme coins still makes you rich or end of trend?

[Mehedi72]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

[Yogee]

... so holding meme coins still make you rich or soon it'll be end of meme trend?

It's hard to predict what would actually happen since you never really know what whales or their community would do next. I thought Shiba was already done when Vitalik dumped the tokens they gave him but it still pumped months later due to major listings and hype.

You are probably safer if you move away from meme tokens.

[senyorito123]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

Maybe you should get updates from possible hype, because predicting which is the right coins to soar definitely give us more difficult times to take a bullseye. Even myself had went a lot of challenging situations, and lost several opportunities to sell my assets because of that inaccurate analysis. However, meme coins is one of the great potential project that soon gets to the top.

[makishart]

so holding meme coins still make you rich or soon it'll be end of meme trend?

it will not make you to get rich anymore, the era for meme tokens already ended and this time if the only way to get rich from crypto to invest in a legit project. i should remind you that if those people have smalll funds and that's why they are looking for an alternative way to become rich guy from investing in scam shit token. you must no forget about doge and shiba inu have been motivating them all to go crazy in shit tokens. they habe so many big expectations from what they have invested and so far they arw still doing it and im seeing it as a gambling rsther than looking for a project with good fundamental. meme token era already gone. it's only a way for scammer to grab money. it's done for now.

[chaser15]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

Let's rephrase it. Meme coins can give you a good profit because they are trendy. With the right strategy, you can actually make a good profit on it. It's not about being a meme coin but traders like a heavy action which you can now see on some meme coins like Doge and Shib. Whales do like to play on those coins that's why they can create hype.

Now on how to profit from it, try to keep up with the trend. FOMO can't be avoided but use the timing wisely. You also have to understand that it needs big patience to profit from these coins. There's no overnight profit here just like in any coins.

[lienfaye]

Meme coins will come to an end (just like the past trend) however its not going to happen yet. The market is in bloody condition and most coins are affected, thus its not surprising why meme coins are moving downward too specially it has no utility and only relying on hype.

Anyway I dont think those investors who invest in meme coins already learned their lesson. They're just waiting for the recovery before jumping into it again. It will make you rich if the hype takes place again otherwise its the end for your money thats why investing in meme coins are risky.

[goinmerry]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

What exactly do you mean by rich? Acquiring millions of profits on holding lots of meme coins? That requires decent and big capital as you need to hold a lot of meme coins in order to achieve your dream of being rich. Are you willing to put your money in line here?

It's not about becoming rich but these meme coins are worthy to trade. They have a good volume and are currently listed on big exchanges. That's where your goal of profiting thru them will start. I found it holding for long too risky unless you understand and accept the fact that it might not give you a good return in the future, or for let's say 5-10 years. Are you willing to do that?

[danherbias07]

There's always an end to something especially if there is nothing to back it up. Services mostly go old and still make profits because of their projects and not because it was made just for fun. There are only a few who survived which are made from a joke.
Profits will be there but it requires the ability to read the market of those meme coins. You trade it but never hodl it. Obviously, EM was only there to take advantage of the hype he made and the harvest was done so it's goodbye.

[asriloni]

i would not call investing in shit coin as a good thing again. too much scammers who have been using this trend to steal a lot of money from the various shit tokens that created by them. these dyas shit coin will only make you lose your money. so manu people are searching hidden gem shitcoin like shiba but they got scammed again and again caused by they blindly believingnif they can get another hidden gem again. The people who didn't havr a lot of money use shitcoin as a way to get rich instantly. this thing will never work again for sure. This trend is not working anymore to make anyinenwil get rich in overnight. it's sad to see that so many peoplenare still believing this trend without realized the fact this trend is dead.

[fuguebtc]

Correct, Everything has changed people have been more cautious than before with invest in meme. But the coin meme trend will not end. A lot of people are still believing the trend because they want to become an overnight millionaire with a small budget. Many people are willing to accept the trade-off of a small budget and rely on luck to be able to earn large amounts of money without having to do much.

[so98nn]

Well the trend still continues and it seems it is all about your luck for example, when you enter the market and when exit the meme coin market.

Recently saw a news in which DOGE millionaire has invested in another meme coin called as FLOKI and the investment is in 500 million FLOKI coins. I mean the guy is crazy to put his trust into another coin up ahead and try out his luck.

These coins are so brittle and so low priced that their little movement can cause you huge loss and that’s why one must be careful about them. It’s getting complicated in which coin to put our trust and invest the money.

On top of this yesterday was good example about No more Elon effect on the meme coin thus making it more difficult to understand which coin is going to be next big hit.

[bittraffic]

... so holding meme coins still make you rich or soon it'll be end of meme trend?

It's hard to predict what would actually happen since you never really know what whales or their community would do next. I thought Shiba was already done when Vitalik dumped the tokens they gave him but it still pumped months later due to major listings and hype.

You are probably safer if you move away from meme tokens.

I think Vitalik only donated some and burn some o the token given to him by the devs. It didn't die because there seem to have a collaboration of some groups and the team becomes bigger as they develop shibswap.  By next they may also publish a new roadmap where the project will be moving its development so you can see if the price didn't go zero just like the usual rugpull in the past then this shib will also move up.

Dogs are attracting new investors that are first-timers in crypto with having just $100 funds to invest.

[Ararbermas]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

for sure most investors that jumping in to doge after elon's post in social media are those people who wants to ride the hype only and who knows well how memes very dangerous especially those big investors wherein always reason why suddenly doge showing a progress after how many months of being red.  so invest what amount you can afford to lose if you want to ride the trip. Lol

[Strongkored]

so holding meme coins still make you rich or soon it'll be end of meme trend?

Actually not only on memecoin but also in all altcoins if you can't choose the right coin to invest and also choose the right time to exit the market it will be very possible for our assets to become zero value, later when the memecoin trend is replaced by another trend there will be many suffer losses and there will only be a few memecoins that survive but the price will depend a lot on the market.

[ipanks]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

I will be more careful to have meme coins such as Dogecoin or Shiba or other meme coins because I do not know how long the trend will be with us. But I admit that holding for some amount of those meme coins can give me profit in the future if the price soar to the high price. But unfortunately, there is no right time to explain when the meme coins can increase again. People still hold meme coins because they can use small money to buy a big amount of them, so they do not mind using the money and gambling with that.

[Henrobakkara]

Once people was crazy about meme coin. After publishing lots of article, videos Against meme coins as cautioins, and after knowing that such step would be risky but they keep invested on such coins for earn quick money. Doge was pumped after elon tweet but dump again. now it seems people are more careful than before and most of memcoins got flop. so holding meme coins still make you rich or soon it'll be end of meme trend?

You just said after Elon's tweet, Dogecoin rallied up again and dumped, that is what will mostly happen to most of the meme coins without clear usability. Those that are holding those meme coins are hoping for the day that something will trigger a price rally that will make them take profits and don't forget that at the same time, we will have does that will FOMO in because they see the price going up. It's a continuous circle.

[DOH!]

On top of this yesterday was good example about No more Elon effect on the meme coin thus making it more difficult to understand which coin is going to be next big hit.

Yeahh, In fact I'm not very impressed with meme coins that have a ridiculous pump that makes quick wealth as some people aspire to get. I like long-term investing sustainably and consistently, some people are paying attention to Elon's tweet about his plan to accept Doge as payment for tesla goods... i didn't even give up any one any coins in it. Lol

[Rahman11]

Why are meme coins so popular? While it's hard to define specific reasons, some say that during the COVID-19 pandemic, the crypto market grew as retail investors wanted to hedge against inflation. Meme coins also boomed amidst the hype, growing both in market capitalization and variety.

[kojektea]

I've never bought a Meme coin other than Dogecoin. But it was really a joke when I heard someone dared to burn himself of his assets to raise the price, he was a buff doge. I believe this project is a scam project that only mimics the dogecoin trend.

[Vaculin]

I've never bought a Meme coin other than Dogecoin. But it was really a joke when I heard someone dared to burn himself of his assets to raise the price, he was a buff doge. I believe this project is a scam project that only mimics the dogecoin trend.

And Dogecoin right now is already losing its value so if you are in a position that you are hodling it for long, then you must be in a huge loss once you decide it to sell. I think it will only be profitable for meme coins if they are hyped but once its gone, they will eventually lose their value and i really doubt if they can still regain their value knowing they don't have real use cases either. So it will be a better move if we start investing in those coins that are more established and have real use cases because even if they dump their value, there will still chances for them to regain them.