What could have happened to all meme coins

[daenarys_stormborn]

In my opinion, there is always the possibility that meme coins will rise, but that possibility is very small, Doge was already long before Elon Musk mentioned it on his Twitter, and that is what triggered the emergence of various meme coins, most of these meme coins are bad coins, even being a scam coin, this is what makes meme coin's bad reputation in the eyes of investors

[samcoin]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

The end of all these coins is like the end of hundreds of Bitcoin clones that had appeared in the period between 2013-2016 for no reasons except pure speculation, pump and dump schemes. Indeed, meme coins have bigger opportunities to scam people now, because the number of crypto users is much more now than that period with a lot of newbies who just joined the market depending on friends' advises and look for huge profits in short time, that why most people who ask about meme coins are newbies. However, the profit possibility still exist as everything pump together in crypto, but when someone looks for long term investment without worrying about sudden dump to zero, meme coins won't be the suitable for them.
In my opinion, the only meme coin that deserves to stay in the market is Dog coin, not because it's supported by Elon Musk, but because it has been in the market for long time, and managed to create legit community, as well as its developers have dumped their coins, so the price is only subjected to supply and demand factor.

[ivankoh]

Personally, I think the coin meme cannot have a sustainable future as expected.  Most of them create hype around celebrities, especially Elon, a belief that easily makes us dummies as their entertainment.  Pure investing is not how cryptocurrencies make sense.  Over time and the explosion of the meme coin in 2021 may change the role and change the approach and perception of the free market but also don't forget that the meme coin has a big risk of sustainability.

[Pterosaur]

Shiba inu might not be names Shiba inu if Doge was never pumped by Elon musk, many mem coins comes to life after Doge was supported by Elon Musk, I doubt they would become anything if not for the Doge coin supporter aka Elon Musk.

[eaLiTy]

~
Personally, I think the coin meme cannot have a sustainable future as expected.  Most of them create hype around celebrities, especially Elon, a belief that easily makes us dummies as their entertainment.

Elon created the hype around Dogecoin and basically he was trolling from what i understand but people started to purchase them and the market started to rally and as usual seeing the hype around a meme coin, hundreds of other meme coins started to appear and majority will die down eventually but Dogecoin will sustain because it is accepted by major gambling sites unlike other meme coins.

[Yamifoud]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

Talking about trust, are they really worth it? Perhaps they are meme coins the majority of them have no use case, how could we trust them to put our money? They are indeed not worth it but yes, sometimes we accept the reality that hypes and the influence of known personalities can bring changes to the mindset of the investors and turned out that despite the risk of investing in these meme coins, many people still buy them. Newbies usually got into this kind of investment, some got lucky and made money during the hypes but many got hooked up and lose their hopes.
That is why even though we know it was meme coins, still these projects exist - Dogecoins and Shiba, and more are coming.

[ololajulo]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

In my opinion, there are slim chances of meme coins being pumped, I am not certain Elon will be active with cryptocurrency as he was in the last bull market. Having recently announced he no longer holds bitcoin, he is discouraging the audience that took his recommendation in this area. He has a strong interest in politics and has invested a lot of energy in Trump's campaign. No one can be bigger than the second richest man in the world, but I do not rule out another big influencer coming to the space.

[lalabotax]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

I heard about Baby Doge and this coin is also progressing. Many people were able to take high profits from this meme coin. But then, the question is, how far they are able to survive. And how can they survive the bearish and then continue to bullish era? For me, investing in meme coins are still risky, very risks. Moreover, if we are only expecting the pumped price from the hype. If there are still hypes, there may be a good price progress. But if there is not enough, meme coin era is actually ended.

[D ltr]

I'm sorry for what happened, I think there's nothing that can be done when our wallet has been hacked other than we throw away the wallet because the possibility of hackers returning is 99% so it's useless if we use the wallet again.
better use new wallet to do transactions and use hardware wallet to store valuable assets there

[nurilham]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

Without support from Elon Musk, Dogecoin won't be in the top 10 coins. Dogecoin may disappear and will be no hype on meme coins.

You must remember that Dogecoin seems to lose demand before Elon Musk tweets it and gave a positive statement about it. Luckily, Elon Musk made something surprising by supporting Dogecoin, he even planned to accept it as payment for Tesla products. This issue made Dogecoin price skyrocket at that time, and people who hold Dogecoin become rich people suddenly. 

[wheelz1200]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

Do ypu really have to ask this question?  Buying something like baby doge should all but bankrupt anyone who buys that to begin with.  They are coins built upon jokes what did you really expect to happen with these coins?  It was a fad that died in 2021 get with the picture.

[bitkanu]

In my opinion, there is always the possibility that meme coins will rise, but that possibility is very small, Doge was already long before Elon Musk mentioned it on his Twitter, and that is what triggered the emergence of various meme coins, most of these meme coins are bad coins, even being a scam coin, this is what makes meme coin's bad reputation in the eyes of investors

it's all about creating coins for joke with meme coin and some people out there taking it too seriously when elon just gotten into it, right now most meme coin are struggling but there are some meme coins that's still holding up pretty well, I guess it's all depends on the meme coin itself.

[GreatArkansas]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

I believe these are just all pure hype, the product of a bull run.
On every bull run, there is a new niches that is popping, different new hypes or trends. For me yes, it may give you profits but for some people it will give them a huge losses because for some reason like they are already late to the hype and they became exit liquidity for some people who entered early.

[Asuspawer09]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

There was no use for this project or token I mean it is a meme token after all so these projects are surely going to die over time. There are actually thousands of meme tokens in the market, Dogecoin and other meme projects are launching something like ELONcoin, etc. those projects are surely dead since they are just all hype, most of these tokens have a low market price so the profit on this token is actually high when the market starts to take off and there is some risk taker who actually invests on this token especially if it is hype by a lot of influencers. But when the hype is done and early buyers already take profit theirs no point to invest in these coins it doesn't have a use.

I surely don't believe the Dogecoin movement and other high-rank meme tokens, there is some news where dogecoin will get its own use in the crypto space but I don't know if that continued. There will be Dogecoin for sure without Elon Musk but for sure dogecoin will not get a huge community and market price boost if Elon Musk doesn't hype the community that's actually a lot of investors regret.

[adzino]

I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?

We can't say anything for sure, but Elon's support definitely gave meme coins like Doge a huge boost. Without him, they might not have gained as much popularity or attention like they have today. Probably those coins would be some shitcoins that no one ever heard of. Or those coins would never have existed because meme coins wouldn't have been a thing and no one would have bothered to create such coins. But we all know that crypto market is full of surprises, so we can't know for sure. Though it is undeniable that Elon did play a vital role in making meme coins a lot popular than it was before.

[danherbias07]

It will still exist, and there will be other people who will have the same idea about these meme coins.
But what could happen to them when EM didn't support them at all after creation? Gone in the wind.  It's not like there is a real project that will back them up and it's a meme coin for crying out loud, the name of their industry already tells it's only a joke so why do investors need to go wild and risk their assets to invest with it?
Wouldn't they rather stick with the likes of Ethereum or BNB because there will always be returns from those projects that had been supported by not just one person but many? That's the obvious pick for a secured investment.

[MIner1448]

They can be subject to price ups and downs in the cryptocurrency market just like other coins. Sometimes meme coins can become the subject of speculation or community influence on social media, which can lead to a sharp change in their prices. It is also worth noting that investing in memecoins can be high risk, as they often have no real value or use, and their price can only depend on public interest and demand for them.

[JayTrain]

It's impossible to say with certainty what would have happened to meme coins like Volt inu, Baby Doge, and Shiba inu if Elon Musk never supported Doge coin. While Musk's influence certainly helped bring attention to Doge coin and subsequently other meme coins, it's important to remember that the success of any project ultimately depends on its own merits and adoption by the broader community. It's possible that other factors or influencers could have helped these meme coins gain traction and achieve success even without Musk's involvement.

[Tony116]

~
Personally, I think the coin meme cannot have a sustainable future as expected.  Most of them create hype around celebrities, especially Elon, a belief that easily makes us dummies as their entertainment.

Elon created the hype around Dogecoin and basically he was trolling from what i understand but people started to purchase them and the market started to rally and as usual seeing the hype around a meme coin, hundreds of other meme coins started to appear and majority will die down eventually but Dogecoin will sustain because it is accepted by major gambling sites unlike other meme coins.

In our view, he is toying with the market with his reputation. But speaking of investing, he is using his popularity to make his own profits, and risk takers are betting with their money to invest with him. My personal opinion is that memes will not die or disappear because they are powerful tools that sharks can manipulate for their own gain. As long as there are still many people willing to take the risk to get rich quickly, the future of memes will stay with the market. I believe that not only Doge, but also Shiba, these two memecoins will stay with us for a long time to come.

[Lainta]

It's difficult to predict the fate of meme coins like Volt inu, Baby Doge, and Shiba inu without Elon Musk's support. Elon's influence has been a significant driver in increasing awareness and interest in cryptocurrencies, especially those with a meme-like quality. However, other factors could have come into play that would have allowed these coins to gain traction and become successful. The crypto market is highly unpredictable and volatile, and it's challenging to determine the impact that any single individual or event will have on a particular project or coin. Ultimately, the success or failure of meme coins or any cryptocurrency project is dependent on a wide range of factors, including the quality and usefulness of the technology, the strength of the community supporting it, and the larger market and economic conditions.