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disconnectme
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May 06, 2023, 07:13:37 PM |
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People need to realize that nothing lasts forever, some people also feel they can continue to create money out of thin air, I will be very careful investing or holding any Meme coins for now because everything feels like we are at the top for now, if Ethereum foundation team decides to be cashing out now they must know something normal investors do not know, remember they sold the top last bull run before the market crash the very top, I will be conscious from now investing in any tokens
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Quidat
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May 06, 2023, 10:59:41 PM Last edit: May 06, 2023, 11:14:02 PM by Quidat |
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People need to realize that nothing lasts forever, some people also feel they can continue to create money out of thin air, I will be very careful investing or holding any Meme coins for now because everything feels like we are at the top for now, if Ethereum foundation team decides to be cashing out now they must know something normal investors do not know, remember they sold the top last bull run before the market crash the very top, I will be conscious from now investing in any tokens
Just put up into your mind that once you do deal up with meme projects then you should really prioritize on tp'ing out on the time that you do see that you have already gained.Dont really make yourself that expecting that there would really be some next meme coin sensation but well we are expecting to have huge returns but it is really that risky on holding for long term.I do have bad experiences when it comes to meme coin investment. If the former or original coin did make out some pump then expect that there would be lots of similar coins or clones would really be making or creating on the same name and just going along with the hype.We know that once hype is built or trend then expect that lots of people would be seeking for another next one which on the time that they would get fomo'ed then pretty sure they would be looking around and would carelessly throwing out their funds without having that solid DYOR. Speaking about popularity then there's no assurance. We've see on how high WOJAK did able to reach which is on erc20 platform.If ever someone created on BSC then it would depend or vary if there would be some considerations from investors or the community.
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JeffBrad12
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May 06, 2023, 11:12:31 PM |
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I doubt that bscscan right now having quite low traffic compared with l2 in general, meme coins in this blockchain just aren't as effective anymore. moreover the fact that BNB right now having quite low trading volume compared with the competition kind of speaks a lot about the current circumstances of the blockchain. moreover this WojakBNB is just an iteration of the existing wojak in the other blockchain on top of that, if it's released in arbitrum i would easily say they could be popular like its predecessor easily since the flow of investment is huge there. but it seems this BSC version of its predecessor will do nothing so significant.
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AmoreJaz
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May 06, 2023, 11:16:10 PM |
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I doubt that bscscan right now having quite low traffic compared with l2 in general, meme coins in this blockchain just aren't as effective anymore. moreover the fact that BNB right now having quite low trading volume compared with the competition kind of speaks a lot about the current circumstances of the blockchain. moreover this WojakBNB is just an iteration of the existing wojak in the other blockchain on top of that, if it's released in arbitrum i would easily say they could be popular like its predecessor easily since the flow of investment is huge there. but it seems this BSC version of its predecessor will do nothing so significant.
because a lot of users have woken up to the reality that most if not all meme tokens are trash and no future to hold onto. you can ask yourself, how many of these meme tokens have survived up until now? some maybe are still trading but you can see that their price performance has gone down hard already. most holders have no way of recovering their initial investments. just like eth network, bsc network will have a lot of substandard tokens that will fade away very soon. you need to check the outstanding reason why a meme token can survive. if you can't even spot one, forget it and move on.
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Silberman
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May 07, 2023, 01:45:43 AM |
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People need to realize that nothing lasts forever, some people also feel they can continue to create money out of thin air, I will be very careful investing or holding any Meme coins for now because everything feels like we are at the top for now, if Ethereum foundation team decides to be cashing out now they must know something normal investors do not know, remember they sold the top last bull run before the market crash the very top, I will be conscious from now investing in any tokens
“A fool and his money are soon parted” however there is a caveat and that is that the money those fools have is not infinite, at some point it will run out and it will not matter how many meme coins are released, if there is not enough money on the hands of those which would be interested on investing in those coins then those coins will get nowhere, and I really think we are already approaching this point, which will make it way harder for meme coins to thrive.
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bussybuddy
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May 07, 2023, 04:24:31 AM |
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The past few days I have seen the market flooded with information about memecoins, indeed this reminds me of the previous period when this market dropped sharply, also when the meme began to be hyped, some projects received big growth but not a sustainable one I feel, just like a pump/dump. Projects with the same name appear on all different platforms, users are guided and led blindly, although this is not the criterion by which I look to invest, but also very sympathetic about this activity in the market because it is becoming more and more accessible here and it is easier to deceive each other to make money, an environment that can be said to create more and more appeal for people.
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jack05 (OP)
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May 07, 2023, 01:21:56 PM |
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People need to realize that nothing lasts forever, some people also feel they can continue to create money out of thin air, I will be very careful investing or holding any Meme coins for now because everything feels like we are at the top for now, if Ethereum foundation team decides to be cashing out now they must know something normal investors do not know, remember they sold the top last bull run before the market crash the very top, I will be conscious from now investing in any tokens
You wrote about Ethereum Network, but that thread is about WojakBNB, which is on BSC Network. I agree that investing in memecoins is not a good long-term strategy. However, what is happening with PEPE shows that the season for memecoins is back. I think that when a token is so new as WojakBNB, there is a huge probability that its price will only increase. At least for next few weeks or months.
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umbara ardian
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May 07, 2023, 03:13:19 PM |
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Just keep in mind that meme coins are often based on hype and trends, and their popularity can be short-lived. So there is no guarantee that a coin meme will become as popular as WOJAK, especially if it is created on another platform like BSC. So be careful MEME even experienced investors can make mistakes with this coin.
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adaseb
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May 08, 2023, 04:05:14 AM |
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These tokens on the cheaper chains are usually rug pulls. You really need to be careful. Basically you are better off sticking to the ETH network. Sure the fees are bad at like $50 but there is a good chance you can make money.
Lately many of these meme coins are cooling off such as PEPE, TURBO and WOJAK. So there might be a bunch of profit taking unless we print new highs on PEPE.
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jack05 (OP)
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May 08, 2023, 11:33:22 AM |
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These tokens on the cheaper chains are usually rug pulls. You really need to be careful. Basically you are better off sticking to the ETH network. Sure the fees are bad at like $50 but there is a good chance you can make money.
Lately many of these meme coins are cooling off such as PEPE, TURBO and WOJAK. So there might be a bunch of profit taking unless we print new highs on PEPE.
I'm not smart contracts expert, but from what I can see the contract is renounced and the liquidity pool is locked so rug pool is impossible. (Someone correct me if I'm wrong) In addition, the contract states that only 1% tax is charged on buy and sell, from which all tokens are automatically burned. So with each transaction the number of tokens decreases. I know that many shitcoins are scams, but in this case I dont see any danger. It's just a matter of how strong dev team will promote it.
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lixer
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May 09, 2023, 07:44:04 PM |
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There is no point, it's not like every single meme coin will start becoming as successful as PEPE or Shiba Inu and gain substantial value due to hype and community support. If people start investing in every single meme coin, they will lose a lot of money since none of them have any utility other than to provide profits which have very tiny chances for most of them. It's much better if you focus on finding projects that are actually worth the investments, such as SUI, that have made the early investors a lot of profit and it isn't a meme coin but a proper cryptocurrency and a utility token of a blockchain protocol.
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Oilacris
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May 09, 2023, 10:14:21 PM |
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There is no point, it's not like every single meme coin will start becoming as successful as PEPE or Shiba Inu and gain substantial value due to hype and community support. If people start investing in every single meme coin, they will lose a lot of money since none of them have any utility other than to provide profits which have very tiny chances for most of them. It's much better if you focus on finding projects that are actually worth the investments, such as SUI, that have made the early investors a lot of profit and it isn't a meme coin but a proper cryptocurrency and a utility token of a blockchain protocol. On the time that DOGE hypes up then tons of Doge-named coins kick or created in. On the time that SHIB hypes then lots had followed on the same way On the that PEPE kicks in then it do shows on the same. We do able to see these meme coins flooding out on DEX like Poocoin and on dextools or dexview Just like on what others been saying above that its never been ideal on attaching yourself into these hypes. Lots of rugpulls and lots of honeypots that you might encounter specially on DEX. Its more worth on investing into those coins who had already fly out when it comes into its value.
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makishart
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May 10, 2023, 04:55:13 PM |
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Stupid devs are so crazy right now. I saw that pepe BNB being created after pepe got hyped and listing in some major exchange sites. WojakBNB was coming after it and that means if it's only seasonal token for the scamming purpose. It's not even worthy to gambling on this kind of token although it's fine if you can afford to lose a few dollars by using it to buy it. WojakBNB and Wojak were actually different things.
WojakBNB was just a shitty tokens released by unknown scammers who can steal your money anytime. There's no hype for this token. Buying wojakBNB = waste of money and time. Openzeppeling contract wizard was making the world of meme coin become even more crazier than before.
Some stupid influencers were also made a tutorial how to create shitty scam token in less than 40 seconds.
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tvplus006
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May 10, 2023, 05:49:37 PM |
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...I agree that investing in memecoins is not a good long-term strategy. However, what is happening with PEPE shows that the season for memecoins is back...
This is not an identical comparison at all. Pepe developers have chosen a coin name that has not been used on the market before. And the developers of WojakBNB took as a basis the name of an already working project, as it was done by the teams of coins PepeBSC, Arbi pepe, PepeSol and the like. So you should not spend money on investing in copies, as they cannot be better than the original.
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Psynthax
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May 10, 2023, 10:41:36 PM |
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could wojak be considered popular though I've never ever heard this coin ever, so most certainly i also not gonna heard anything about its BNB version of this coin but considering that, i think this will not be popular and most likely fail.
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Silberman
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May 11, 2023, 12:16:47 AM |
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...I agree that investing in memecoins is not a good long-term strategy. However, what is happening with PEPE shows that the season for memecoins is back...
This is not an identical comparison at all. Pepe developers have chosen a coin name that has not been used on the market before. And the developers of WojakBNB took as a basis the name of an already working project, as it was done by the teams of coins PepeBSC, Arbi pepe, PepeSol and the like. So you should not spend money on investing in copies, as they cannot be better than the original. As much as meme coins do not really offer nothing in terms of new technologies or new concepts which can be applied to this market, if the developers behind those coins want to become successful then they need to at least create their own meme, because all the variations of dogecoin, Shiba Inu or pepe will fail as even the fans of meme coins recognize that those coins will never generate enough demand by themselves which could cause a pump and allow them to have a chance to multiply their capital.
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jaberwock
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May 11, 2023, 04:58:23 PM |
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The past few days I have seen the market flooded with information about memecoins, indeed this reminds me of the previous period when this market dropped sharply, also when the meme began to be hyped, some projects received big growth but not a sustainable one I feel, just like a pump/dump. Projects with the same name appear on all different platforms, users are guided and led blindly, although this is not the criterion by which I look to invest, but also very sympathetic about this activity in the market because it is becoming more and more accessible here and it is easier to deceive each other to make money, an environment that can be said to create more and more appeal for people.
This is one of the down side of the crypto market. We have lack of regulations, therefore its easy for anyone to create their own pump and dump coins but if we will unite and not support this kind of schemes, I think the people behind it will also stop but will that be even possible? Judging on how greedy the average person is, to make as much money as they can. I still salute you for not joining them. Even without meme coins, it still possible for us to earn a profit. It's okay if the rate is much lower but as long as it is consistent and has a less chance for a project to collapse, why not? Don't worry because once the bull run comes, the attention of the people will go back on the standard coins again.
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o48o
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May 11, 2023, 10:50:35 PM |
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I found a WojakBNB token today. The project was created just 2 weeks ago. -cut-
I am starting to believe that you mispelled "founded" because you also found pepebnb after real pepe was getting hype, which could be coincidence but i am thinking that you want to make meme tokens in bnb and just add bnb to their name and advertise them in here. Maybe you find EthBNB next? Anyways, exact copies with a BNB in their name are worthless, they don't have even the originality of a meme.
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bitkanu
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May 11, 2023, 11:52:04 PM |
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seems like it wont, heck even I doubt the credibility of the WOJAK coin it just seems like meme coin with no utilities, but i'm sure that this WojakBNB will just become massive failure. if you invested in this coin better invest in some other coin instead, why even sweat investing in BNB version of some random coin, we all know BSC is full of shitcoin.
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