Yamifoud
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June 12, 2023, 02:46:25 AM |
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Right now the way im seeing things is that its either meme coins or only a few serious projects. Really feels like the market got oversaturated and then milked dry by different scammers, VC's etc. So what is left is only fun, or the most serious of projects.
meme coin shall never be considered as a serious project. It's a joke coin with no purpose. People are so blindly by saying that if meme coin was making a huge progress. They use it as investment while meme coin has no intrinsic value on it. I hope that meme coin gonna disappear from the market in the future, mmeme coin just a plague. As we are hoping for but at long as there are developers who are in their mind to earn money from their useless creations, they will still exist and be hard to wipe out in the market. Sad reality but many people remain to support this kind of event because even with the fact that it was a useless investment and no intrinsic market value, some investors are also earning huge profits. That is why they are even preferred to join these hyped projects rather than choosing long-term investments like BTC and ETH.
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LogitechMouse
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June 12, 2023, 02:51:05 AM |
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~ There is another new meme coin called SNEK, based on Cardano. What impact these meme coins will create in the crypto space?
I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
Impact of meme coins? None obviously. Well, there are some meme coins are being used as a payment option in some websites or the like, some are being used for transaction purposes like DOGE, but aside from that, I don't see any use case of these coins, and so is impact. Why people invest in these memecoins despite them knowing that the risk is huge? Trust. I don't know exactly why people are trusting these memecoins thus, supporting them and investing into it, but I believe that they trust the project that's why they're investing into it. Of course there's the profit on it as well, but there are also people who loves risk, and knowing how much profit they can get, they will surely invest into it even though the risk is very high. Meme coins are just a cash grab, and we know that for a very long time already. There were many meme coins that have been created in the last meme coin hype a few years ago. Most of them became a scam coin, some have been abandoned, and some might still be in development until now. TBH, I don't want to generalize all meme coins because we've seen DOGE, SHIB, and now PEPE who are now in the top 100 in terms of market cap. I believe that in the future, more meme coins will be in the top for various reasons, but as for me, I will not touch any of these meme coins... or maybe DOGE only.
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InfinityExists
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June 12, 2023, 04:18:09 AM |
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I think they'll move with Bitcoin, but i don't see them having any real use unless Elon integrates something into Twitter.
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Pandji02
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June 12, 2023, 05:57:44 AM |
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I think memecoins can have a future if they were made purely as a joke and for the sake of memes. But DOGE is the only one that was made like that. All the others just tried to copy DOGE's success, that didn't last for too long and did it even worse. But DOGE will remain in the hearts of many people, and the others will not.
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NotATether
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June 12, 2023, 01:30:20 PM |
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There's no such thing as a memecoin with a future. If you do find one, then it's no longer a memecoin.
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Andrija Branislav
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June 12, 2023, 01:36:42 PM |
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There are no future in MEME coins, because here no real use cases to survive thoss project. I think everyday 2-3 new meme project launching in the market, because still it’s hype is going after PEPE launched. Meme coin investment will be high profitable if you can pick it at early stage, as like who guys bought PEPE at first time they got huge profit already.
Yes. Meme coins experienced initial hype and enthusiasm due to their association with popular memes or internet trends, but without substantial substance or utility. Regarding your statement, there is no future in MEME coins. I can't deny that the value of meme coins is very much influenced by the perception and involvement of the community. stages if they have a clear concept they may struggle to maintain their relevance in the long term.
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tvplus006
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June 12, 2023, 03:16:30 PM |
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I think they'll move with Bitcoin, but i don't see them having any real use unless Elon integrates something into Twitter.
If we objectively look at the entire cryptocurrency market, we will see that most of the coins are like this. In most cases, the value of a coin is determined not even by the market, but by the professionalism of market makers who use a news hype to choose the direction of price movement.
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Victorik
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June 12, 2023, 09:16:39 PM |
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Mostly, meme coins are coin for the moment. They ride on the wave of community hype and often die off after a while and never get to rise again. Some of them do not have any future, they are just been hyped.
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Abiky
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June 13, 2023, 10:56:54 AM |
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Impact of meme coins? None obviously. Well, there are some meme coins are being used as a payment option in some websites or the like, some are being used for transaction purposes like DOGE, but aside from that, I don't see any use case of these coins, and so is impact.
Why people invest in these memecoins despite them knowing that the risk is huge? Trust. I don't know exactly why people are trusting these memecoins thus, supporting them and investing into it, but I believe that they trust the project that's why they're investing into it. Of course there's the profit on it as well, but there are also people who loves risk, and knowing how much profit they can get, they will surely invest into it even though the risk is very high. Meme coins are just a cash grab, and we know that for a very long time already. There were many meme coins that have been created in the last meme coin hype a few years ago. Most of them became a scam coin, some have been abandoned, and some might still be in development until now.
TBH, I don't want to generalize all meme coins because we've seen DOGE, SHIB, and now PEPE who are now in the top 100 in terms of market cap. I believe that in the future, more meme coins will be in the top for various reasons, but as for me, I will not touch any of these meme coins... or maybe DOGE only.
At least, "meme" coins are a great way to get into the world of crypto "without breaking the bank". That's because their infinitely-expanding supply helps keep market prices low. What I don't like about these coins is that they're often used for scamming people. It's probably because most crypto users are inexperienced and are only into this to make a quick buck without taking the necessary security precautions. The crypto market is flooded with a lot of junk these days, ever since Elon Musk "pumped" Dogecoin's price back in 2021. Unless regulators weigh in, don't expect this to end anytime soon. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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lepbagong
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June 13, 2023, 11:31:25 AM |
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Mostly, meme coins are coin for the moment. They ride on the wave of community hype and often die off after a while and never get to rise again. Some of them do not have any future, they are just been hyped.
agree, indeed what you say is the truth and most coin memes are big because of the hype, not because of the abilities they have. quickly move and then start to be abandoned and soon will die by itself, even though at this time some are still able to survive, but the thing that is attached to the meme coin is that it is a coin that is difficult to develop, so avoid holding it
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petulino
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June 13, 2023, 11:52:13 AM |
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I'm new in the crypto space and understanding different crypto projects. While the majority of cryptocurrencies I have studied about have some kind of a solution to the existing problem in Web 3.0, DeFi, etc. Recently, I studied Polygon MATIC, which is solving the problem of high gas fees on the Ethereum-based apps.
In the past few days, PEPE, a new meme coin, has gained massive attention in the community. But I actually didn't understand what could be its major objective. Is there any reason to say this meme coin will work for the betterment of the entire crypto and Web3 realm?
There is another new meme coin called SNEK, based on Cardano. What impact these meme coins will create in the crypto space?
I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
I have been involved in trading for a long time but I always invest in good and solid projects,and for trading I often choose strong coins. It is true that the meme token pepe has gained a lot of value, but if we talk about its future, it does not see any use case in the future. Doge is popular because Elon musk like this token, and because of this, the price of this token keeps increasing.Shiba innu when it first came, it also gave good profits to many people, which is why it is still very popular, but many people were also harmed. Because these meme coins are very risky. Most of the people take them before the startup is launched, but later the capital of those who enter gets stuck. The future of these coins is not visible but a good timing entry can give you profit. Entry in these tokens should be taken only on a temporary basis
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barhavsky
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June 13, 2023, 03:06:45 PM |
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In my opinion, only a few meme coin have a future, because not all meme coin will survive, therefore if you really want to invest in meme coin, then you better invest in meme coin that have a large market cap (like DOGE, FLOKI and SHIB), but my advice is that you should never to invest all your money in meme coin and make meme coin for a long-term investment, because it is very risky for you to lose your money.
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SaveOurSea
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June 13, 2023, 03:34:49 PM |
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I think they'll move with Bitcoin, but i don't see them having any real use unless Elon integrates something into Twitter.
If we objectively look at the entire cryptocurrency market, we will see that most of the coins are like this. In most cases, the value of a coin is determined not even by the market, but by the professionalism of market makers who use a news hype to choose the direction of price movement. Whales hold 80% of Memecoin, especially Memecoin which still has a low market cap, of course it's very easy to pump and dump, just look at the Doge price in 2020, and when Elon Musk talks about Doge then the Doge pump is high, I'm sure Elon musk has 40% or 50% supply of the doge he holds.
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raidarksword
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June 13, 2023, 03:41:02 PM |
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MEME coins are just hype project, do not take it seriously, it will have to ways of it either you will make profit or you will broke. As if you are a risk taker, then take thus chances on MEME coins but if it went sideways then it is the time to make good decisions on blue-chip projects that already have a solid foundation in the market. Any projects on the top 100 will be all worth it to take in.
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Bolivar_Tony
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June 13, 2023, 04:16:39 PM |
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Meme coins like PEPE and SNEK may attract attention and investment due to their viral nature, but their impact and future in the crypto space remain uncertain. It's important to approach such investments with caution and conduct thorough research. If i am not an early adaptor, i am not in
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Psynthax
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June 13, 2023, 04:42:38 PM |
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if you seeking for promising long term investment, altcoin that is fundamentally better than these meme coins are the way to go. you just don't really try to invest in these meme coin long term because usually they just lost their value, in this case fundamentals wins by miles.
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woksy
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June 13, 2023, 04:53:57 PM |
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I don’t think that there’s a future for meme tokens They will be nothing when the hype fades away Web3 projects have future cuz the trend is only about to be hot That’s why projects like NeonLink have more potential in the future if we’re talking about profits
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waONE
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June 13, 2023, 05:24:19 PM |
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However, memecoin is still part of altcoins and altcoins have seasons, namely the altcoin season, of course there is still hope for memecoin to reach a new all time high, but we also have to know that what we hope for in memecoin is not from the project or the ROI, but the profit we get and don't be greedy.
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Japinat
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June 13, 2023, 06:49:50 PM |
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However, memecoin is still part of altcoins and altcoins have seasons, namely the altcoin season, of course there is still hope for memecoin to reach a new all time high, but we also have to know that what we hope for in memecoin is not from the project or the ROI, but the profit we get and don't be greedy.
Well, all coins including altcoins or meme coins certainly have a future but for meme coins, we cannot really say that its future is as brighter like bitcoin and top performing altcoins. Yes it may have some difference in the future but riding with it is very risky than the ones that has been mentioned first as we don't have any idea at all when will this whales move again and manipulate the market in order to ride the hype in a timely manner.
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Victorik
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June 13, 2023, 07:44:20 PM |
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Mostly, meme coins are coin for the moment. They ride on the wave of community hype and often die off after a while and never get to rise again. Some of them do not have any future, they are just been hyped.
agree, indeed what you say is the truth and most coin memes are big because of the hype, not because of the abilities they have. quickly move and then start to be abandoned and soon will die by itself, even though at this time some are still able to survive, but the thing that is attached to the meme coin is that it is a coin that is difficult to develop, so avoid holding it Yeah, once they get tired of it, they dump and.move to the next one and that's how the cycle continues. But, if your are lucky, you could make good money from it, and also,.you could lose all of your money and become a bag holder.
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