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Author Topic: Most speculative altcoin of the moment  (Read 494 times)
kawetsriyanto
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February 17, 2022, 11:38:06 PM
 #61

I think memecoins are always speculative. These coins do not need any reason for their price to rise.
Each coin has a reason to increase its price, including a meme coin. But since meme coins have no fundamentals, it has a nother factor to trigger the price to increase. One of the factors is the hype made by a popular person like Elon Musk. You can see the price of Dogecoin always increases whenever Elon Musk tweeted good things about meme coins. But when Elon Musk didn't post anything about meme coins or even tweeted bad things about them, the price tends to decrease. So, it is clear that meme coins also need reasons to increase their values.

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Fritwakky
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February 17, 2022, 11:57:15 PM
 #62

In the current very nervous situation on the cryptocurrency market, the most speculative coins are those related to the metaverse and the NFT. However, there is also one project that is still very little speculated about and its price is constantly growing and, in my opinion, still has great potential - Syscoin: https://www.coingecko.com/en/coins/syscoin
At the moment (like almost all coins on the market) its price is in a downward trend, but in my opinion this is a very good time to buy.
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February 18, 2022, 01:58:42 AM
 #63

Most new coins are highly volatile and can easily get dumped no two way about that but in a more detailed increase movement meme coins have been a close subject for speculation lately.
That's also natural with meme coins because any meme coin is very easy to pump and throw away by everyone who has already made a profit, so don't regret it when you lose through meme coins due to disposal, because memes are created for only two options, in pumps and thrown away.

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QueenVera
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February 18, 2022, 03:11:20 AM
 #64

We all know that Shiba Inu is a meme coin with out any strong use case but still it is very speculative coin and listed on all major exchanges including Coinbase and Binance. The Shiba Inu team should take advantage of its popularity and build its use case stronger to remove its label of meme coin.

Having the memecoin tag is not a bad thing, Dogecoin has had it for years and is a success for it. With memecoins tags celebrity can easily pump this coin as they are built on community. Shiba Inu is building very strong user case, then now have a decentralized exchange and are working on launching their own blockchain.
Shiba has also been rumored to be moving towards the metaverse and that is one good thing about a project that is not focused on a particular sector, they can always adjust and jump on trends and keep developing.

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February 18, 2022, 04:52:38 AM
 #65

Most new coins are highly volatile and can easily get dumped no two way about that but in a more detailed increase movement meme coins have been a close subject for speculation lately.
That's also natural with meme coins because any meme coin is very easy to pump and throw away by everyone who has already made a profit, so don't regret it when you lose through meme coins due to disposal, because memes are created for only two options, in pumps and thrown away.
Therefore, I don't really like new coins because the risks we will experience can be greater. Maybe the price of the new coins is more volatile but I think that's probably because a pump and dump are going on in the new coins. Trading using meme coins is also very risky and can lose money if we are not selective in choosing the coins. Maybe it's better to select big coins like bitcoin, ethereum, bnb, or other coins with good movements.

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