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Author Topic: What could have happened to all meme coins  (Read 618 times)
FirmWars
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March 25, 2023, 11:04:21 AM
 #61

Volt inu is doing very well,  this meme coin devs are very active, bringing in some new ideas into this project, new listing and several burning in a bear market, I find this very impressive.

We can't predict what will happen to meme coins in future, but if the Doge coin keeps doing fine I am sure that other meme coins will do fine too, I also do hope that Elon Musk supporting Meme coin like Doge coin won't make him face some charges.

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March 25, 2023, 12:18:31 PM
 #62

Without the support of the crypto community, memecoin would not exist, memecoin was created because it has utility, if the utility of the token is not there, then the price will fall and like other memecoins, tokens have no price.

Memecoins like Shiba are still around today for many reasons, strong community and having top exchanges like binance.

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March 25, 2023, 01:18:17 PM
 #63

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?

Dogecoin used to be in the top 10 without any involvement of Ilon Musk, for example in 2016 Dogecoin was on the top 5 in the cryptocurrency ranking. Dogecoin certainly caught a hype after Musk started promoting it, and the only thing it affected was the price of DOGE. I highly doubt that without Musk the price would have reached 73 cents. All the other meme coins, DOGE wannabes, they would never have had that liquidity had they not been promoted by influencers.

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March 25, 2023, 02:54:09 PM
 #64

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?

before Elon Musk contributed and pumped up the price of dogecoin, then doge would always be mentioned as a memecoin with no growth and no great future. but after Elon Musk supported Doge's price pumping, almost all Memecoin was associated with Elon musk, including shiba inu and Floki. well, in my opinion Shiba inu will walk in place without support from elon musk.

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March 25, 2023, 02:55:46 PM
 #65

The answer to that is what will see everyday. There are thousands of meme tokens created everyday and they all end up dead, now that Elon support for meme tokens has dwindled we can see the effect it has on meme tokens.
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March 25, 2023, 03:01:28 PM
 #66

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?
A few problems will continue to maintain and develop to adapt to the market, and most of them will be dead projects. To be honest with me memecoins pay like ponzi schemes, so I'm not too fond of it in my portfolio, I've been lucky enough to make money with dogecoin, shibainu,... but I just consider it myself lucky, and I also know many of my friends who are still stuck with memecoins.
in one respect Elon has had quite a negative impact on the market as many people abuse whatever is claimed by Elon to be the future development of certain fields, and this is up for review because such manipulation, but above all that we ourselves are skilled enough to analyze whether there is a risk or a return from engaging with such products.
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March 25, 2023, 04:17:00 PM
 #67

I don't think those coins would pump if Elon didn't hype them. There were actually coins that attempted to try to be meme coins but they only ended up being bubbles. We all know that meme coins were created to be memes and they don't have a definite purpose so I don't think they would gain the trust of investors easily unless huge personalities would manipulate or hype them. One weakness that I could see in memecoins is that they aren't reliable in the long run. 
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March 25, 2023, 04:51:14 PM
 #68

The answer to that is what will see everyday. There are thousands of meme tokens created everyday and they all end up dead, now that Elon support for meme tokens has dwindled we can see the effect it has on meme tokens.
Elon doesn't have impact to influence people anymore. People became even smarter from day to the another day. As you can see that so many times elon was tweeting about shiba or dog. His influence is not as big as before. People knew that if elon is always making so many gimmicks.

All of meme tokens have the same faith to be dead in the future since people who were actively gamble with meme token will be moving on.
There are bunch of new trends in the market. People can pick more tokens to be used as a way to doubled or even triped their money without going through meme token.

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March 26, 2023, 03:04:05 PM
 #69

In my opinion, not all meme coins are bad, in fact, even though many meme coins have died, there are still some meme coins that have survived, but I really don't recommend investing in meme coins, because the potential for meme coins to develop is very small in the future

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March 26, 2023, 04:13:40 PM
 #70

I wonder if Elon Musk would do the same thing as what he did in Bitcoin in the past perhaps all of these meme coins will down to nothing just like what happened to Luna. Different types of meme coins are popping just like a mushroom riding with the hype ever since Elon pumped that meme coin but without him, this coin might be on the death list soon since investors will eventually starts dumping if there's no liquidity movement in the market.

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March 26, 2023, 05:21:06 PM
 #71

~
They're simply just bad. We all know memes are just part of internet culture and not something to be taken too seriously especially with money. I would not truly categorize it as a purely shitcoin, since somehow it still has that value from being popular internet culture but still my point stands.

And yes, I wouldn't even recommend others even my friends to just hop in straight to the hype of meme coins. It ain't risking your sanity over short-term pumps.
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March 26, 2023, 05:59:23 PM
 #72

~
They're simply just bad. We all know memes are just part of internet culture and not something to be taken too seriously especially with money. I would not truly categorize it as a purely shitcoin, since somehow it still has that value from being popular internet culture but still my point stands.

And yes, I wouldn't even recommend others even my friends to just hop in straight to the hype of meme coins. It ain't risking your sanity over short-term pumps.
Exactly. Anyone with investment in mind should not put money into meme tokens. Meme tokens are for gamblers, they can go to zero any moment and yes, they're not different from shitcoins
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March 26, 2023, 06:58:26 PM
 #73

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 think if there is no Elon Musk factor to coin memes, maybe coin memes like Shiba are very difficult to enter the top 20 coins on the market cap, it is difficult for meme coins to reach its current point if there is no Elon Musk because Elon Musk is the biggest factor for coin memes to reach this is the point now. Many people know coin meme from the hype of Elon musk, in my opinion, if there is no Elon musk coin meme, this is just my view of meme coin without Elon musk.

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March 27, 2023, 03:43:38 PM
 #74

the reputation of meme coins is bad enough in the eyes of investors, because most meme coins only go up based on temporary hype, after that meme coins will die, but there are also meme coins that still survive of course one of them is doge, doge rises also due to the elon musk effect, after Doge has sunk again, so I think it's an unwise decision to invest in meme coins

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March 28, 2023, 06:50:29 AM
 #75

coin memes have no movement except with the touch of rich and influential people like elon musk for example he is able to increase the price of doge coins as well as other coin memes if someone like elon musk touches a shiba coin surely the price of shiba will go up.
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March 28, 2023, 02:01:00 PM
 #76

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?

Let be clear and say the truth to each other, meme is as gone as good and they are done because they lack utility, they don't have anything to offer people except the usuall don't miss out and manipulation of prices by big whales. I was laughing one of my friend that still think baby doge will make another 20x because he has lost more than half of the money he has invested in the shit coin. As for Elon, don't look like person who have interest in those kind of shitcoins, the utility they tried to add to doge have all been disband, what is there to promise the community again? None I think.
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March 28, 2023, 11:08:22 PM
 #77

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?

meme coins are always there without elon musk.
everyone who creates a memecoin project expects support from large investors, without the support of Elon Musk other memecoins will also grow and move in the market.
  as far as i know, elon musk only improves and supports dogecoin, apart from that it seems that there are no other memecoins that are supported by elon musk

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March 28, 2023, 11:18:16 PM
 #78

In my opinion, not all meme coins are bad, in fact, even though many meme coins have died, there are still some meme coins that have survived, but I really don't recommend investing in meme coins, because the potential for meme coins to develop is very small in the future
All of meme tokens are bad. There are no good meme tokes. The main purpose of meme tokens were only for the funny purpose. Some people were using meme tokens as speculations as well. This is also very bad thing. meme token will become pump and dump token at the end of story. Even doge coin and shiba inu are also bad meme tokens. These tokens are having big marketcap just caused by the hype. Nothing useful from those meme tokens. THat's the truth. You can't deny that.
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March 28, 2023, 11:40:08 PM
 #79

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?

All this memecoins only became popular after dogecoin was a success so if dogecoin didn't explode as it did then they won't have come into existence. Those project weren't even developed few years back.

We only had one memecoin which was dogecoin so all this other memecoin are just benefiting from the fame of dogecoin, people are only investing in it with the hopes of getting similar gains of dogecoin.

This kind of behaviors is common in the market since lots of project comes as a result of the success of similar project in the same section. We won't have had layer 2 project if polygon wasn't successful.

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March 29, 2023, 02:01:46 AM
 #80

In my opinion, not all meme coins are bad, in fact, even though many meme coins have died, there are still some meme coins that have survived, but I really don't recommend investing in meme coins, because the potential for meme coins to develop is very small in the future
All of meme tokens are bad. There are no good meme tokes. The main purpose of meme tokens were only for the funny purpose. Some people were using meme tokens as speculations as well. This is also very bad thing. meme token will become pump and dump token at the end of story. Even doge coin and shiba inu are also bad meme tokens. These tokens are having big marketcap just caused by the hype. Nothing useful from those meme tokens. THat's the truth. You can't deny that.
It is that simple, anyone that thinks otherwise does so because they have earned a great deal of money with meme coins or they are expecting to do it, basically they are only thinking about the economic benefits they can get and nothing else.

However when we begin to think about meme coins and how they work it is easy to realize they do not really bring anything to the community, except yet another coin which can be used to speculate with, and it is not like we need more of those when we have so many altcoins which serve the very same purpose already.

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