Milan1009 (OP)
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August 19, 2022, 05:14:24 PM |
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At some point most of us have interacted or discussed the pump that Meme coins had over the last bull cycle, even some of us held some and got some profits on the way. The thing is that nowadays there are thousands of meme coins and shitty projects that try to grab a bag, but, even most newbies at the market are aware of it. That being said, this week I have seen multiple sources covering the uptrend from DOGE and SHIB, I find it interesting how these projects may have a possibility to surge again and claim a space as a 'useful' token for the future projects. What are your thoughts about this? Source as reference: https://twitter.com/thetokenist/status/1559870966406283266?s=20&t=IGqgM-6b02VXcq80uTS8UQ
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cryptoaddictchie
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August 19, 2022, 05:30:28 PM |
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That being said, this week I have seen multiple sources covering the uptrend from DOGE and SHIB, I find it interesting how these projects may have a possibility to surge again and claim a space as a 'useful' token for the future projects. What are your thoughts about this?
Useful? I dont think so. Maybe for dogecoin can be used as Elon frequently shill it and who knows might other firm thinking of accepting dogecoin too as form of payment aside from Tesla. But the memecoin defies the essence of a utility since we have a lot of other choices which have more potential than simply a meme coin right? A lot of L1 and gaming tokens are out there which have an ecosystem to choose from. But of course a hype tokens like them arent gonna be sure of success.
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DeathAngel
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August 19, 2022, 05:33:44 PM |
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There’s always a bunch of retail noobs who get sucked in by the promise of huge riches so yes, I do think meme coins will make it to the next bull run. Some people make big money from these types of investments but most of these noobs get dumped on near the FOMO top.
DYOR though.
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isaac_clarke22
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August 19, 2022, 05:36:42 PM |
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~
Same thoughts. I believe there are also meme coins out there that are just not being mentioned quite often and they could either be dead or just not worth being talked about. Dogecoin has been here for quite a long time and even though I do not like meme coins, I am sure that Dogecoin will just be there always. Worth mentioning that back in 2017, I was even thinking about investing into that coin when I got my first few Bitcoins in those years.
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Stalker22
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August 19, 2022, 06:18:18 PM |
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I would not be surprised to see some more of the old-school coins make it this time around. The market is changing, and along with that, people are getting smarter about which projects to fund. I suspect a few will still fail, but the good ones will survive, and the projects that do make it through the next bull run will be more legitimate than ever before. The conclusion I would draw is that you should always be skeptical of hyped-up coins and tokens, like the many there are in the crypto scene. I think you need to approach these coins with caution, and only do so if you have a clear plan for what to do with them. Even if some meme coins surge at times, most of them are worthless once the pump is over.
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ryzaadit
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August 19, 2022, 06:37:04 PM |
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Are you not see now ?
During the down price of bitcoin, how many meme-coin is died ? SHIBA is the one who can survive due he got a good supported by exchange and at least from #Meme coin to build some product.
Comparing a shit other meme-coin. It's not gonna to follow the trend, because #Meme token is always going to his peak and then down-down and died no matter the trend is bearish or bullish.
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Widdop37
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August 19, 2022, 06:40:41 PM |
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I am certain that Dogecoin and Shiba inu will make it to the next bull market and they will bring lucrative returns to their believers but I can't vouch for others like Dogelon Mars or baby doge, anything different from Doge and Shib is higher risk.
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bitcampaign
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August 19, 2022, 07:06:12 PM |
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usually meme coins are always in demand by many people because of the sincerity of their community who work around the clock to make the campaign wider, I was fortunate to have enjoyed DOGE sales at a price of $0.6 last year and it all had to have patience to hold it, but there are also coins memes that are scammers so be careful to invest in this meme coin too
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livingfree
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August 19, 2022, 07:22:11 PM |
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If it's a meme coin, it will not be as useful as the other popular meme coins. The newer meme coins today got lesser use cases than of those that are very known.
E.g
Doge Shiba
These are the two meme coins that are popular and non-developers are the ones that's giving it as use case.
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Doell
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August 19, 2022, 08:52:31 PM |
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For Doge coins it can still going the next bull market, for shiba maybe also it seems like it can but for other meme coin not necessarily. I agree with statement cryptoaddictchie about "useful" doge coin is used by Elon and his company but which company use shiba ? I haven't been able to find any useful information about shiba.
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Johnyz
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August 19, 2022, 08:59:44 PM |
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Not all meme token have a good hype and we know that meme token only stay in the market if they have the support from the manipulators, I can say that only top meme token can stay and pump as well in the next bull market. It looks like meme token is also meant to stay in this market, there’s still a good hype for doge and shib.
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shinratensei_
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August 19, 2022, 09:32:52 PM |
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very few meme coin that gonna make it to the future bullrun I think, that's certainly shib and doge that's already having really big market capitalization and already listed everywhere. there's certainly some other meme coins that might have some bullrun in the future, even there might be some meme coins being released in the future bullrun, after all even though the trend of meme coin is fading it still didn't completely vanish yet there's still some meme coins that's being created and gains massive rally.
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cryptomaniac_xxx
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August 19, 2022, 09:35:17 PM |
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Nah, if they are going to surge in prices, obviously Doge and Shiba are going to be used my manipulators and pump and dump group to make money. There is no real life utility for this meme coins, except maybe for Doge, being used to deposit for gambling because it's quick. But other than that, I don't see good reasons to hold on it, except you are really a big fan and hoping that in the next bull run, it will make a huge jump in the price. But for me, it's better to used that money on other investment right now instead of holding it for meme coins.
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kawetsriyanto
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August 19, 2022, 09:36:14 PM |
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..The thing is that nowadays there are thousands of meme coins and shitty projects that try to grab a bag, but, even most newbies at the market are aware of it. ..
The fact is that all of those are shit coins. sometimes, the meme coins that no people hold are Doge and Shiba Inu. these two meme coins always compete with each other. but in fact, the era of meme coins seems like ending and over. That is why we need certain market conditions with very big news to rise up meme coins as previously. But this will be also very risky to see how the journey of meme coins. this seems like coming gambling when investing in meme coins. ..to surge again and claim a space as a 'useful' token for the future projects. What are your thoughts about this?. ..
This is always what the investors of meme coins talking about. They will always tell how useful meme coins are, moreover this always is related to one of the richest people in the world, Elon Musk. Many people invest in meme coins because of the hype and also promotions by so many people in the world. Then, they are commonly falling down to the earth after reaching the highest rate quickly. Just invest wisely in certain coins with lower risks moreover if we are new to this. DYOR again, not by hype
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goaldigger
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August 19, 2022, 09:36:44 PM |
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Not all meme token have a good hype and we know that meme token only stay in the market if they have the support from the manipulators, I can say that only top meme token can stay and pump as well in the next bull market. It looks like meme token is also meant to stay in this market, there’s still a good hype for doge and shib.
Most of the meme tokens are scam tokens, if you look at the previous trend most of them are dead already and nowhere to be found, that’s why you have to be very careful on choosing meme token, if you want the best meme token then you only have two option which is DOGE and SHIB. The next bull market will be big for sure, if there’s another set of hype for SHIB and DOGE, you can expect them to pump as well.
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posi
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August 19, 2022, 09:43:22 PM |
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For Doge coins it can still going the next bull market, for shiba maybe also it seems like it can but for other meme coin not necessarily. I agree with statement cryptoaddictchie about "useful" doge coin is used by Elon and his company but which company use shiba ? I haven't been able to find any useful information about shiba.
Doge has always been a good candidate for memecoin, it is the oldest meme coin and even more sustainable than the old top coins. Shiba, I think it will also be the next candidate that will continue to appear in the market with doge. Shiba is said to be the first meme coin that is building its own blockchain ecosystem and NFTs, metaverse... will be implemented in the future. If everything they announce is true then it will be the first meme token that gives the utility.
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SlimShadyMmp
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August 19, 2022, 10:40:06 PM |
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Meme coins just take spaces other important coins should have taken I really doubt they are in anyways useful apart from being memes and having uncapped supply Most people just buy tons of them just to make profit but thats fine by itself but it can sharply decline to a huge lost and seriously dont know why such unserious coin keep going. Am sure you will continue to see them for a very long time especially now that they have smart contract
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WalkerIVIV
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August 19, 2022, 10:43:15 PM |
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meme coins in general that keeps innovating will definitely make it to the next bullrun since by that they keeps making their meme coin relevant meanwhile the other that lacked innovation will surely losing its value in the future. i think right now investing in shiba inu is just better than the other, even though it's still meme coin that's volatile and could instead incur loss towards your investments, at least shiba inu is better than the rest meme coins.
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harizen
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August 19, 2022, 11:08:48 PM |
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In general, just go with the flow. There's money in meme coins after all if the strategy is timed perfectly.
However, since it was tagged as meme coins, always be careful testing the waters there as not all coins under that criteria are worth playing around with.
Much better for people that have no experienced trading these coins to just ignore it. In the first place, why consider putting money on meme coins where there are lots of worthy coins around? It's more useful to build experience trading at those worthy coins instead of focusing on meme coins.
What are those worthy coins I'm referring to? That need a separate discussion.
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pauloaragaomelo
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August 19, 2022, 11:30:06 PM |
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i think right now investing in shiba inu is just better than the other, even though it's still meme coin that's volatile and could instead incur loss towards your investments, at least shiba inu is better than the rest meme coins.
The highest trading volume of meme coins now is only Doge and Shib so you should avoid investing in other meme coins because there is a high risk of losing your investment. Actually, investing in meme coins is also high risk but if you are risking investment in meme coins in your portfolio then it should be between Doge and Shib coins, but make sure you buy them at the lowest price.
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