Meme coins still makes you rich or end of trend?

[Fivestar4everMVP]

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?

Memecoin trend already ended if you ask me, most especially for the useless ones, there are still some memecoins out there that are shifting from being a meme coin to becoming a good project with good utility for its tokens, this kind or type of meme coins are likely to survive in a longer term, but for ones that are just built to take advantage of the meme coin trend, I personally think their end have come because the meme coin trend is dying out fast and soon, the term "meme coin" will become history.

[1714761026]

1714761026

[Ultegra134]

Meme coins have great potential, in terms of profit, by using the correct strategy, and considering luck as a huge factor too. Due to their hype, it drives an upward trend, which could potentially lead to exceptionally high returns. However, the risk involved with such meme tokens/coins is great, since they are not based on anything whatsoever. Their trend is now dying down, Doge and Shiba aren't been fuelled anymore, however, I wouldn't be surprised if they explode once again, in the distant future.

If I were in your shoes, I'd rather not invest in something that's basically pump and dump, based on memes and copycats of the already joke coin, Doge, despite their high yields, if successful.

[albon]

meme coin is just a hype phenomenon full of manipulation, so it takes a lot of luck to get rich and profitable from meme coins.  don't expect you to be able to analyze price changes on meme coins because it's useless..

Yes, that's right, it's hard to analyze the price changes of meme coins because they are so volatile and their price and popularity are largely related to their relationships with social media influencers, they are useless and have no real purpose and most of them have been created as a means of making quick profit only so I wouldn't advise anyone to invest in like these hype coins.

[wheelz1200]

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?

This is definately the end cash out now.  There is no need or utility of coins based on memes.  They are all cash grabs and the cycle has run its course.  Look at doge.  Peaked at 1200 sats and has already fallen into the 300s.  They will slide under 100 and the rest will probably fade into oblivioun as people are left holding untraceable bags of garbage.

[ringgo96]

Since there has been a sharp decline in bitcoin and altcoins at this time, we are hesitant in choosing memekoin at this time, because memekoin is more risky when compared to other potential coins although for now shiba inu is in the discussion of the warmest topic at this time because many predict the memekoin will match dogecoin but for now there are no big signs that occur so we are less with the coin, Although there was an increase some time ago but now memecoin is back down dratis.

[eXtremal]

I prefer to avoid it. The meme trend is tantalizing but the risks are comparable. I've seen many of my friends lose their wealth instead of becoming rich because of the meme coin trend. I just felt the dogecoin trend and took a little profit.

[Uang_kartal]

maybe yes, maybe not.
Meme coin has been around since time immemorial, getting rich or losing is a cause. When you get used to it like someone buys anything you know about the law of reciprocity.
do you already have a meme coin or are you researching to have one? Elon Musk is indeed one of the most influential whales out there. Are you sure? just follow the flow.!

[Shasha80]

I prefer to avoid it. The meme trend is tantalizing but the risks are comparable. I've seen many of my friends lose their wealth instead of becoming rich because of the meme coin trend. I just felt the dogecoin trend and took a little profit.

I like your decision to avoid investing in meme coins, because the risk of investing in meme coins is very high. Because more people suffer losses
when investing in meme coins than people who make profits from meme coins. For me all coins can make us rich, including meme coins can also
make us rich. But the problem is that we must be able to analyze the movement of meme coins correctly, then buy and sell meme coins at
the right time. But the fact is that meme coins often go up suddenly and after going up they go down very quickly. So we must often monitor
the market, in order to be able to sell meme coins before the price drops. For people who are busy and do not have good analytical skills,
then they should avoid investing in meme coins and choose only top coins which are definitely safer for investment.

[mamesso]

Yes, that's right, it's hard to analyze the price changes of meme coins because they are so volatile and their price and popularity are largely related to their relationships with social media influencers, they are useless and have no real purpose and most of them have been created as a means of making quick profit only so I wouldn't advise anyone to invest in like these hype coins.

Not just memecoin, All cryptocurrency are quite difficult to analyze price changes. Price fluctuations are a big enough obstacle to analyze properly. MemeCoin has no real value and purpose. The memecoin hype is always related to issues circulating from Influencer, like what Elon Musk did to Shiba a while back. Meme Coin tends to be abandoned after a trader makes a profit, after that traders will look for other coins to secure their assets.

[Quantum907]

I think coin memes still have good potential to grow, we can see in the market that the meme coin transaction volume is still higher than the old coin transactions, but I recommend being careful and never buying meme coins before doing detailed research.

[molsewid]

Not just memecoin, All cryptocurrency are quite difficult to analyze price changes. Price fluctuations are a big enough obstacle to analyze properly. MemeCoin has no real value and purpose. The memecoin hype is always related to issues circulating from Influencer, like what Elon Musk did to Shiba a while back. Meme Coin tends to be abandoned after a trader makes a profit, after that traders will look for other coins to secure their assets.

You're absolutely right mate all crypto tokens are quite difficult to analyze and not just meme coin, the volatility of the market is still the main concern of all of us. The only thing that a meme coin differs from other token is that it has no real use cases that may support the token to still have a value until the following years. Though it is undeniable that hype does give value to a meme coin like what Elon Musk did to doge and Shiba but once the hype just passed by I don't think if it will still have value. The main point here is that we don't know if meme coin is still a good catch after the trend.

[Gorosden]

You don't need to stay away from meme coins just makes sure you know how to identify the good ones among the rest before investing money, some meme coins are good and some have play to earn games integrated, some even have doxxed team so use the money you can afford to lose and take profits when available

[cafee_orange]

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?

Having a lot of memecoins can be said to be a fortune if in the future it has a good price, but there is also the opposite, namely the memecoin is removed from the exchange and trading. for now not all memecoins can make you rich, but at least you have them in your wallet.

[bounceback]

Currently the hype trend for meme coins has faded and moreover the price of bitcoin is also experiencing a significant decline so that many meme coins on the market have to lose price and are powerless, in my opinion, only two meme coins will survive, namely Doge and Shib because both coins it now has such a large community that it will help keep the prices of the two meme coins going.

[LogitechMouse]

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

I think its pretty obvious that it's over already.
Those meme coins who just entered because of hype are the ones who are dead right now. Well, there is DOGE who has been there for a long time and there is this SHIB who is the newcomer at the top 100.

The meme trend if over but it doesn't mean that it will not make you rich. There is still a possibility that you can get money from them but not as easy as it is when the trend started. Since price of these coins are still moving, you can still trade some of the meme coins but do it with your own risk because most of the meme coins doesn't have any volume at exchanges at all.

[perla]

I still see some memecoin or worthless projects that pumps more than 100% and I can say that it still can make you rich if you manage to find one on the market or go along with the pump I don't think this will be the end of the trend since as you can see whenever there are some trending topics a memecoin from that topic will come and would be a hit.

[Rufsilf]

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?

Holding some cryptocurrencies even if it's a memecoin like DOGE and SHIB. Still it can make you rich if you could eventually flip it wisely and your timing is indeed good when whales decides to pump and dump it again. While it can make you rich fast, it can also makes you lose your funds fast because of the whales schemes, and that's the hard part of it which makes it extreme volatile and riskier. About the hype and trend? It's to soon to decide if the trend already ended knowing that we know one famous whale who manipulates market for fun according to his wants. I bet you know who he is.

[Nazmul012]

Meme trend won't be end totally, in my opinion. People will keep investing on meme coins cause they already saw how meme coins can change life by making millionaire. So they would thought that, investing few fund from their total assets Won't be bad idea to try luck by investing on meme coins. Although thus people will trapped by scummers but i don't think this meme hype will be stopped soon

[stadus]

Meme trend won't be end totally, in my opinion. People will keep investing on meme coins cause they already saw how meme coins can change life by making millionaire. So they would thought that, investing few fund from their total assets Won't be bad idea to try luck by investing on meme coins. Although thus people will trapped by scummers but i don't think this meme hype will be stopped soon

I also see good chances that meme coins will be hype again once the market will recover. And as expected, people will grab this chance again investing in meme coins as they are looking forward to make profits even in a short time. But still, we should be cautious in investing from them as the hype may suddenly ends and leave us in losses. Well, its not bad then if we can put even a small amount in these memes, but don't expect that you'll be gaining profits at the end of the day. Just invest on the amount you can afford to lose.

[izsara]

meme coin is profitable, it's true that it is profitable when there is a pump but with a note that we must be able to maximize the existing momentum, apart from that we all know that not all meme coins are pumped, the reason for burning coins which is always offered is no longer a guarantee .
but for beginners who really don't know about a good position and take advantage of the momentum you shouldn't do this