Do not be pulled by the hype of meme coins

[KellyHands]

The potential of meme coin came to limelight after Elon Musk got involved in dogecoin. This brought about a new dawn to the possibility of meme coin and resulted in several developers coming out with their version of meme coin. Shiba inu was another successful meme coin to get the support of the community, but as it stands the era of meme coin is fast fading away and it's not advisable to keep investing in meme coin.

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[TheUltraElite]

Not just memecoins but many shady stuff actually spread by rumors and hype marketing and this needs to be understood by traders. In fact diligent traders immediately use this as a red flag sign on that project and dont look back at it ever again. However newbies are the ones who are regular targets and the project is also aimed at them. These are mostly the get-rich-quick youngsters getting their hand dirty in crypto for the first time.

It is difficult to stop them but dont hesitate to educate someone about the pros and cons of hype based marketed projects. Eventually they will either leave or learn and stop investing in such projects.

[jaberwock]

Memecoins is just a gamble, nothing more. The only reason why PEPE became so big and so fast is because someone invested tons of money in promotion, it was all over Twitter at some point.

Isn't that life is? A gamble. We need to take a risk to earn something. The more the risk we take the more the reward is going to be expected. This is why meme coin have existed in the crypto world. There is nothing wrong investing on them as long as we agree about the consequences that we will face and we are not going to be carried away by our emotions because it can lead to more problems.

Do not know if it's true that Pepe is heavily promoted but if it is, that must be a lot of money for it to reach a wide audience. Apart from publication, people behind it injected lots of money to be able to lift the tokens value. That are the recipe for a successful meme coin.

[irsykes]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

[Jody.Drummer]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

Even if what you say is true in this case, but on the other hand it is of course very difficult for us to find coins like that and be at the start because there is no certainty that when a new meme project arrives it will be pumped there.
Things like this need to be realized, especially to enter from the beginning, remembering that in this case not everything will come true because we know that there are so many coins like this every day and we can't be there for all of them.
It's still very risky about something like this, especially to be at the beginning actually the possibility is still very small because by being at the beginning the only hope is to continue to hope that the coin is glimpsed and pumped but when that doesn't happen the possibility of loss is certain .

[WalkerIVIV]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.

[shinratensei_]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

that honestly with a big requirements, only works if the project didn't intentionally trying to make things getting out of hand like trying to have some rugpulls going on.

overall there are many things that could go wrong in investing in meme coin, even if you could invest early doesn't mean the coin you invested gonna go up.

most likely it just some mediocre meme coin that exists only to generate money for the developers themselves.

everything is still so uncertain and risky even if you take your investment strategy right, you just never expected the coin you invested ever gonna make some real huge increase honestly, after all, only 1 out of thousands of meme coin actually increase in value, there are certainly so many people losing money in those other meme coins that failed.

[lunnatic]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.

it's like a memecoin cycle, because there are lots of memecoins that appear so whales want to play there,
yes one of the things that makes memecoin fly high is the market cap is so small that whales like it,
pump and dump happen because of fomo so don't get your hopes up on memecoin and if you really want to, then do it at your own risk.

[Ziskinberg]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

that honestly with a big requirements, only works if the project didn't intentionally trying to make things getting out of hand like trying to have some rugpulls going on.

overall there are many things that could go wrong in investing in meme coin, even if you could invest early doesn't mean the coin you invested gonna go up.

most likely it just some mediocre meme coin that exists only to generate money for the developers themselves.

everything is still so uncertain and risky even if you take your investment strategy right, you just never expected the coin you invested ever gonna make some real huge increase honestly, after all, only 1 out of thousands of meme coin actually increase in value, there are certainly so many people losing money in those other meme coins that failed.

That is why we called crypto as a risky investment, many people had suffered losses due to choosing shitcoins and useless projects. Some developers don't care about their reputation as the reason why creating these projects is to make money and grow their finances. Like in investing in meme coins corresponds with huge risk and we should be aware of such things before investing because we can't them but just ourselves. We should have to control our greediness as this is the main reason why we fall into wrong investments. 

[Oasisman]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

It might be the key, but it's never easy to identify which memecoin will become the next big thing that creates a hype like the successful meme in the market today. You'll probably going to end up throwing away your money. There's a hundreds of different memecoin created every time a  new memecoin gets hyped up and most of them were a bunch of copycat that even the name were being copied like what happened with Shiba and Pepe. Clearly an act of deceit to make people think it's gonna generate good profit like the original memecoin.

[mirakal]

The potential of meme coin came to limelight after Elon Musk got involved in dogecoin. This brought about a new dawn to the possibility of meme coin and resulted in several developers coming out with their version of meme coin. Shiba inu was another successful meme coin to get the support of the community, but as it stands the era of meme coin is fast fading away and it's not advisable to keep investing in meme coin.

Well, truth is, even before Elon Musk emerge of being vocal about his Doge investments, people especially investors with little less knowledge or even the knowledgeable ones are already looking forward in investing towards these coins because of the big profits that it could possibly bring into their pockets, although speaking with big profits, we are also talking about big risks as these two will always share the table. Hence why investing towards these coins is not really advisable because the risks aren't really worth it.

[Psynthax]

i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.

[irsykes]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

It might be the key, but it's never easy to identify which memecoin will become the next big thing that creates a hype like the successful meme in the market today. You'll probably going to end up throwing away your money. There's a hundreds of different memecoin created every time a  new memecoin gets hyped up and most of them were a bunch of copycat that even the name were being copied like what happened with Shiba and Pepe. Clearly an act of deceit to make people think it's gonna generate good profit like the original memecoin.

hype moment or bullrun moment is happening for me it can be counted on. it is indeed very difficult, but you can see it from a season perspective. There is no season, so it is very difficult, what happens is the risk of throwing what is there. like the season with the ARBITRUM token it can be a profit field. nice ecosystem. and don't do old meme coin holding

[Japinat]

i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.

Yes, it could be a good opportunity if you are that lucky to ride the wave on time but what if the opposite thing will happen? Where everything fell into pieces as you did not properly predicted what could happen in the future. See, that's what we should think about because the money we're putting here is not any joke as it came from the fruits of our labor in which we did not picked in an easy manner that we could just invest anything we think of without having any second thoughts.

Investing towards meme coin(s) does not really need a vast experience and knowledge about it, you just have to know the basics because you surely cannot predict where will the whales start to move as you're not in their inner circle where you can always ride the wave on time without risking anything. And you don't have to be that smart to know that it is not really advisable to invest towards it.

[Xal0lex]

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

You are drawing the wrong conclusions by citing your own purchase as an example. The correct conclusion is that there is no need, amidst the hype around one well-known project, to enter into other similar projects. Memcoins never grow without proper manipulation and proper marketing. The case of pepe or shib tells us that there was a good budget, marketing, and support from certain figures in the cryptocurrency world to promote these tokens. These are qualities that other memcoins don't have, but for some reason people hope that if they buy some similar memcoin, it can behave as well as its known counterpart. That's the conclusion you should draw when you lose money on a memcoin nobody knows about.

[milewilda]

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.

You are drawing the wrong conclusions by citing your own purchase as an example. The correct conclusion is that there is no need, amidst the hype around one well-known project, to enter into other similar projects. Memcoins never grow without proper manipulation and proper marketing. The case of pepe or shib tells us that there was a good budget, marketing, and support from certain figures in the cryptocurrency world to promote these tokens. These are qualities that other memcoins don't have, but for some reason people hope that if they buy some similar memcoin, it can behave as well as its known counterpart. That's the conclusion you should draw when you lose money on a memcoin nobody knows about.

Plus being hyped that someone which is known and popular like Elon. We arent that blind on how Pepe and Shib or even Doge did make out that significant increase into its price for how many folds just because we know that Elon did really make out some tweet about those coins which we know that this market is really that highly reactive when it comes to this on which it isnt really that surprising.This is where people are really that a
fan on dealing with meme coins on which they do really have that kind of hope deep inside that it might really be that hyped by someone and make  out those x100 or x1000 or more. This is why on the time that theres
some coin which is really that good when it comes to marketing and does really have that kind of hype, then people would surely be diving in and having that kind of hope. Its meme coins which doesnt have that
utility and this is why its really that risky when it comes to long term holds and if ever you would really be having plans on dealing with it then it would really be better to go for short term trades on
which on the time that you do see gains then better pull it off directly before its too late. Pump and dumps is the usual scheme.

[Silberman]

i'd consider getting pulled by the current trend of meme coin is fine though so long it's fair game where there's no manipulation and some rugpulls, it could be good opportunity, but regardless though, it requires knowledge in investing in meme coin anyone without sufficient knowledge should avoid investing.

Yes, it could be a good opportunity if you are that lucky to ride the wave on time but what if the opposite thing will happen? Where everything fell into pieces as you did not properly predicted what could happen in the future. See, that's what we should think about because the money we're putting here is not any joke as it came from the fruits of our labor in which we did not picked in an easy manner that we could just invest anything we think of without having any second thoughts.

Investing towards meme coin(s) does not really need a vast experience and knowledge about it, you just have to know the basics because you surely cannot predict where will the whales start to move as you're not in their inner circle where you can always ride the wave on time without risking anything. And you don't have to be that smart to know that it is not really advisable to invest towards it.

That is something that always surprises me, as the way some traders manage themselves is very odd, either they think they cannot lose at all when they invest in a particular meme coin, a likely scenario, or they just do not care about their money at all, and unlikely scenario but still a possible one, after all by investing in those coins they are taking a massive risk, and while it is true the profits can be very high, both scenarios are not equally likely to happen, as the chances of losing their money are many times higher.

[Inspiron14]

I totally agree with your opinion about meme coins, because as we already know, almost all meme coins are just temporary hype, many meme coins projects are rug pulled, this is due to excessive FOMO on investors

following FOMO on memecoin is a very bad thing, because if we buy memecoin at a price that has increased to 20% or even 100% more of course it will be a disaster for you,
because memecoin is very easy to pump and dump, imagine if you were stuck in memecoin I'm sure you will feel frustrated.
just avoid memecoin even though it's hype, but if you want to follow it then make sure you use capital that you think is a little.

[woez]

That's right for these meme coins, it can be profitable for those actual early comers but not those that have been too late for the hype. That's why there are winners and losers on this one because the winners have to eat up the money of those losers and the late ones.
We can't change the minds of those that have been brought up by the hype of these meme coins because they think that it's the only one that can make them rich. But if the time comes and they're the ones who are losing their money, soon, they might realize that everyone who's talking like this are correct.

Indeed, it is very important not to be swayed by the hype surrounding meme coins. While early adopters may benefit, late adopters often end up as losers. The winners basically take the money from the latecomers. Unfortunately, it is difficult to convince individuals who are caught up in the hype, because they believe meme coins are the only path to riches. However, when they do end up losing money, they may realize that those who warned against such investments were telling the truth. what can make naman also humans always want more and more.

[lixer]

the key to investing in meme coin is really we have to buy sooner after the project launch, it's like a bounty race if we are late to buy be prepared to see a dump price. if there is no second new ATH and the price results down to -60%, -70% it is again very difficult to return to the initial price or create a new ATH just waiting for the coin to lose volume

funnily enough most of meme coin nowadays that are new that already hits all time high will never get to the same level, maybe because these coins are kept being generated that the capital always moving from one place to the another.

It is not because they keep generating tokens but it is because the hype gets over and the community moves on once they see the dust has settled. Meme coins don't have any value of themselves because of their own existence or because of any utility they provide, they get a value only because of the hype generated by the community which rises trading volumes for the meme coins and then they start gaining value.

As soon as people stop buying and those who bought at the end start waiting for the price to go up, it starts dropping from that point because volumes start dropping and without buying pressure meme coins are nothing.