Do meme coins have a future?

[Fatunad]

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.

They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.

Come to mind about on whats happening on SHIB on which it is purely a meme coin which is really that next or been inspired on DOGE and now it did really make that huge increase in price despite on being on the bear market or simply much still higher compared into those previous years prices. Wayback, it doesnt really have that usage or utility or even up to now until it did make out some development and
ending up on creating that Shibarium which is something that hasnt been launched. Therefore, we could really say that there's still possibility that a meme coin would really be able to develop itself when it comes
to utility which is something that might happen on PEPE as of this moment if ever this one would surpass or the next SHIB as they say.

Speaking about future, theres no such thing about being assurance about a certain coins future but in speaking about utility and recognition then it could possibly happen despite
of being a meme coin. We know that this market does have all the possibilities on which it could be able to happen.

[TimeTeller]

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.

They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.

Do remember, not all meme coins or tokens can pull off in the market.
Some of them just die down without seeing the light in the exchange.
So don't invest in every meme token that you will encounter of, very few can make it in the market and survive.
Some are surviving because they found a community that is continuously supporting the hype, but once they got tired,
and got their profits, they can easily abandon the project especially if there's really no use case in the market.

[lalabotax]

I'm really confused and can't understand why there are still so many people asking questions like this. Ask about meme coins. It is undeniable that the meme coins hype, which has actually ended, still exists. This is because of the hype that happened when Doge soared very high and finally a lot of meme coins appeared. Which can make many people suddenly rich, but also make many other people lose a lot of money and become poor suddenly. Wake up, the meme coin era is over. Even if there is hope, it may not be much and it may only happen to big coin memes like Doge and Shiba Inu. Meanwhile, if you are offered other meme coins, it's better to just step back, don't risk yourself going too far and high on meme coins.

[Ziskinberg]

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.

You can actually assess the potentiality of these projects through their purpose of creation (use-cased).
Well, Dogecoin and Shiba Inu have that kind but with Pepe coins and the rest of the new meme coins, they are not contributing any help to the crypto space. They gain attention because of the unexpected price growth, yeah, everyone got surprised by it. It was the usual thing that happens to any project but guess what, people love it as it gives them a chance to earn more profit compared to the other projects. Yes, that was too risky but many people don't mind it as they are very certain that their decision is right.

[goinmerry]

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.

First of all, what's your understanding and definition of the word "future"?

Technically speaking, if a token doesn't have a reasonable use case or a working product that somehow can be considered a game-changer, what can we expect in its future? Why should we use that coin? Why should we buy it? Why should we support it?

Some popular meme coins today are backed up by famous and big individuals that's why it able to make names.

It's risky to trust your money with a coin that is a product of hype "unless you will able to learn how to ride on it".

[Yatsan]

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.

They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.

Good hype? I agree.
Good community? I doubt.
As you've mentioned, meme tokens have no utility. The only thing which puts value into such coins, is demand from hype and popularity which only lasts for a short period of time upon its release in the msrket or exchangers. So if it is futuristic viewpoint, nothing's assured. Most of the time, memetokens' value are only going with trend but never leads it. Most of the meme tokens has no progressive development over years therefore, it would be some sort of a gamble investing and holding it for years unlike with other cryptos which have utilities, sustaining its market price for a long period of time.

[AmoreJaz]

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.

They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.

Good hype? I agree.
Good community? I doubt.
As you've mentioned, meme tokens have no utility. The only thing which puts value into such coins, is demand from hype and popularity which only lasts for a short period of time upon its release in the msrket or exchangers. So if it is futuristic viewpoint, nothing's assured. Most of the time, memetokens' value are only going with trend but never leads it. Most of the meme tokens has no progressive development over years therefore, it would be some sort of a gamble investing and holding it for years unlike with other cryptos which have utilities, sustaining its market price for a long period of time.

once the holders of this meme token dumped their holdings, they won't care anymore about its existence. so yeah, there's no future in this market because it won't survive.
we have seen this countless times already. not only with meme tokens but crappy alts with no use case. short lifespan. dump. and gone.
the old meme coin, doge, survive long because it gained a seemingly good usage in the transfer purposes area. however, when it was hyped by musk, the fees become expensive as compared to other alts.

[shinratensei_]

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.

They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.

Good hype? I agree.
Good community? I doubt.
As you've mentioned, meme tokens have no utility. The only thing which puts value into such coins, is demand from hype and popularity which only lasts for a short period of time upon its release in the msrket or exchangers. So if it is futuristic viewpoint, nothing's assured. Most of the time, memetokens' value are only going with trend but never leads it. Most of the meme tokens has no progressive development over years therefore, it would be some sort of a gamble investing and holding it for years unlike with other cryptos which have utilities, sustaining its market price for a long period of time.

well their community are quite good maybe because they just don't care about the utility but they just blindly invest in it because they are real fans, trying to see from other perspective here.
after all the meme coin fans in general just doesn't care about project fundamental, what they care is price movement, and volatility.
that's like the most essential thing that they seek when they are investing after all, they invests in meme coin certainly for reasons.
but certainly these so called fans will just leave the token if they see volatility isn't sufficient and maybe when they've successfully liquidated their investments which definitely give them good profits.

[Godday]

why do people invest in them, wondering about the future of meme coins.

Of course to get rich. There's nothing about memecoin that makes it such a prestigious project. They take advantage of people who dream of generating returns up to tens of times like SHIBA and DOGE. Coins like PEPE are also trying to gain community and enlarge their community so that the coin continues to be used and increases in value. One day as the community gets bigger I'm sure their prices will go down and keep going down like what happened to Shiba.

[gabbie2010]

only very few have a future, the other are being taken advantage only for short term pump and dumping, nothing more, if you wanna seek meme coin that have future, seek the meme coin that have massive supports from the community.

Investing in meme coin should be on a short term perspective by a wise investors once a reasonable profit is earned after some massive pump in price of the meme coin I think the investor should divert to a new potential coin because of most of those of meme coins are hyped thus a lot of them are not sustainable project, however the OP will have to make a thorough research to search for a potential long term meme coin of course there is were such an investor has a lot work to do because meme coins do enjoy massive support yet were not sustainable by their developers.

[Dr.Osh]

as far as i know, doge coin has lasted a long time until now, even the price has gone up. So, I think, meme coin also has a future as long as there is development or active users or communities who continue to make transactions from the coin. Besides doge, shiba is also an example that meme coin still has a future. however, not all meme coins are like that, and we don't know what will happen in the future. because of that, coin memes are always said to have a big risk.

[Silberman]

...

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.

You are not the only one that wonders why those coins are so popular, however they are popular just as a speculation vehicle, as the people that invest in those coins know very well meme coins will not make a lasting impact on this market, this is just about the money they can earn and nothing more, and about their impact, even if I do not think a single one of them will have a long term effect on this market, as a whole they will have some influence, as besides POW coins, stable coins and POS coins, meme coins are some of the most popular coins we have on the market.

[nur rochid]

...

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.

You are not the only one that wonders why those coins are so popular, however they are popular just as a speculation vehicle, as the people that invest in those coins know very well meme coins will not make a lasting impact on this market, this is just about the money they can earn and nothing more, and about their impact, even if I do not think a single one of them will have a long term effect on this market, as a whole they will have some influence, as besides POW coins, stable coins and POS coins, meme coins are some of the most popular coins we have on the market.

Meme coins are popular because they can fly high and are popularized by already big name influencers. although many know that coin memes are risky for investment, in fact there are still many people who like this coin to multiply their money. Of course, we know shiba, which is still at the top. Whether there will be a good future or not, no one knows for sure, but in fact it still has a large community. early investors smiled. but those who follow him for fomo will weep for an unknown length

[nesty]

Meme coins like any other cryptocurrency are subject to market fluctuations and can be risky investments. Some meme coins have been popular and investing in them should be done with caution. Before investing in mem coin it is important to research and understand the underlying technology and purpose of the meme coin before investing. Many meme coins have no real world use case or utility beyond being a speculative investment which can make them more volatile. The hype surrounding meme coins can lead to short term price spikes and crashes, which can be difficult to predict or navigate. Meme coins can offer potential for high returns, they also come with significant risks.

[danherbias07]

It's just like riding the hype. What if the hype is gone? I think we should've learned our lessons from what happened in the past. Wave, ICO, and more. Projects that are short-term, didn't live to tell the tale, unlike Bitcoin, Ethereum, and BNB. All these projects are here to stay and if you ask me if they are for long-term holding, my answer will be, yes they are.
Memecoins are just being boosted by support from the people because it is fun to have them but if they find something new that will be appealing in their eyes, I am sure they won't even hesitate to switch over.
You can always buy those memecoins because it is your choice, but when it's all said and done, you will also have to know when to let go. Buy and sell it if you see an opportunity, don't fall in love with them because they ain't staying. More will keep on popping out and the old ones will be left in the dark.
Just be careful with what you will buy.

[SyndicateLabs]

Many people understand the hype of memecoins but still can't escape the attraction of putting money into it and expecting miracles with that capital. As many mention about ponzi and gambling, the nature of fomo according to memecoin is similar to any other trends that appear in the market, they are created and they cool down over time. Personally, I have many options other than memecoin, so spending time and money on it is not advisable in the crypto market, and in my opinion it is not suitable for newcomers. But ironically it gets a strong response from newcomers, but over time people's experiences will make their own judgments with memecoin.

[Blitzboy]

Meme coins are a peculiar breed, indeed. They're like the sitcoms of the crypto-verse. Do they serve a meaningful purpose? Not necessarily. Do they bring joy, amusement, and a peculiar sense of camaraderie? Absolutely.

The phenomenon of meme coins is essentially a social commentary on our collective zeitgeist. It's about how an idea, backed by enough people (no matter how ridiculous), can gain substantial value. While projects like Polygon MATIC serve a clear purpose in improving our tech ecosystem, meme coins are more about social dynamics and speculative economics.

Their impact on the broader crypto space is multi-fold. They act as an entry point for many to the world of digital assets, and they keep the mood light-hearted in a market known for its volatility. Will they revolutionize the Web3 realm? Probably not. But will they keep making headlines and causing a stir? You betcha!

[lunnatic]

Memecoin is included in the altcoin and memecoin still has the potential for sky rocket in the future,
we just have to buy it and hold it until the altcoin season comes, those who can be patient will certainly be winners in memecoin.

[Xal0lex]

Memcoins have only a negative impact on the crypto space, as a rule. NFT tokens have the same anti-utility properties. When such tokens go hype, we all witness higher commissions in major crypto networks. Because of this, ordinary users suffer while someone tries to speculate with another shitcoins. These types of assets only litter the blockchain space and the industry, and then people start to feel worse about cryptocurrencies themselves because of these shytcoins, because on these tokens or memcoins, they often lose their money or even become victims of a scam.

[cute nmp]

Meme coins, such as Dogecoin and Shiba Inu, have gained significant attention and popularity in recent times. However, their future is uncertain. While they have generated substantial profits for some investors, meme coins lack strong fundamentals and are highly volatile. Their value largely depends on social media trends and speculation, making them risky investments. Don't think there have such a bright future.