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Author Topic: Do meme coins have a future?  (Read 1258 times)
dhruvfire
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June 26, 2023, 05:21:38 AM
 #121

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.

If I had to choose one meme coin with strong future, it will be dogecoin. This is because it is backed by Elon Musk.
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June 26, 2023, 08:39:14 AM
 #122

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 agree with my observation that Pepe coins can be more serious like Shiba Inu, because like SHIB when it started we knew it was just for fun, but because it was enjoyed by the crypto community and the manipulators the wind blows differently. And went into serious planning.

So probably the same with PEPE coin in the future. I am not saying that anyone should invest in Pepe coin, of course invest at their own risk, this is just an observation from me that in my opinion the chances are high that it will be like SHIB. We also know what the traders base there and that is its daily volume, big community and liquidity level of meme coins. When all that is high, the traders will really enter it.



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June 26, 2023, 10:05:36 AM
 #123

As far as I know meme coins don't have any function, and even most of them don't have a roadmap and it's not clear who the team behind the project is. therefore many people say investing in meme coin has a high risk and it is not recommended for long term investment.
impact of meme coins for crypto ? of course to add investment options besides bitcoin.
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June 26, 2023, 10:10:30 AM
 #124


Bullish is on the way and memecoin will likely be the main actor to start bullish, because that also happens in 2020 to 2021,
where memecoin experiences a quick pump to the moon, and after that the altcoin season starts,
so we have to choose memecoin first and I suggest it's in Floki, because Floki has a good future.

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June 26, 2023, 12:00:36 PM
 #125

Meme coins have gained popularity due to their association with Internet memes. However, their impact on the broader cryptospace and Web3 sphere is limited. While they may attract attention and short-term investment, their long-term viability and ability to make a meaningful contribution to the cryptoecosystem is unclear. It is important to carefully assess their goals and underlying technology before considering an investment. While mostly meme coins are only profitable by luck, if you want a stable income from tokens, then it is better to consider BNB or TFS tokens
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June 26, 2023, 12:57:29 PM
 #126

The only awaits for meme coins are not good at all, some make it a long run but the majority just ran out of fuel and the hype just died down. Memecoin is hot because of PEPE, that's why everyone are hype about it but the reality it's just a hype project that has no utility at all. Memecoin is risky, better put your money on well funded and already built a good foundation in the crypto space!

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June 26, 2023, 01:46:18 PM
 #127


Bullish is on the way and memecoin will likely be the main actor to start bullish, because that also happens in 2020 to 2021,
where memecoin experiences a quick pump to the moon, and after that the altcoin season starts,
so we have to choose memecoin first and I suggest it's in Floki, because Floki has a good future.

Weird analytics. I have two questions.

  • What makes you think we have a bull run coming soon?
  • What makes you think FLOKI has a good future?

Most memcoins, especially those that parasitize on known coins, have no future at all.

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June 26, 2023, 05:17:25 PM
 #128

We Don't know about meme coin future but if we can hold 5-10 meme coin then future bright for profits. You can buy lot of meme coin with spend low dollers because the supply of meme coin very larger besides buying price very dip. But crypto bull indeed urgent then we you can see green market for meme.
I think it would be risky to invest too much in meme coins,
it is not an ideal choice and it is better to focus on potential coins where the chances of making profit are much better,
it's better to invest a little in meme coins but it all comes back depending on the decision of each.

It may not be too safe to invest on memecoins too much because at the cause of doing so one may fall into investing on any shitcoin looming around other coins, nevertheless, we must not deny the fact that there are some memecoins that can be trusted even though they might be few, that is why we often times refer or subject investors to making a thorough research on them before investing to have a background check on them.
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June 26, 2023, 11:59:19 PM
 #129

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.

The beginning $doge was being made for a "joke" only, it's not intended to do anything rather than exist, but alas the coin was too strong and still exists today and has something in common with Alts/tokens world; hype.

In the last few years, I witness some meme coins rising because people want to have fun, and there are some moments when people like to profit from it.
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June 27, 2023, 04:01:11 AM
 #130

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.

The beginning $doge was being made for a "joke" only, it's not intended to do anything rather than exist, but alas the coin was too strong and still exists today and has something in common with Alts/tokens world; hype.

In the last few years, I witness some meme coins rising because people want to have fun, and there are some moments when people like to profit from it.
Doge started as a joke but made it to be on top meme coin that most investors prefer than any memes available. The hype (especially when Elon promote it) influence the investors and mostly the new ones to buy and hold this coin. Although memes are existing without real use case, the hype is the reason why it has value since people are investing for the hope to gain a x1000 profit which you can't gain if you invest in established coins since they already reach their ATH.

Though there's a possibility to gain huge, the risk of losing your money is also high in meme coins. Thus, it is not recommended to blindly invest in memes unless you already did your research and still decided to take a shot.

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June 27, 2023, 06:44:05 AM
 #131

It's hard to predict the future of meme coins. However, meme coins like Dogecoin, Shiba Inu, and Pepe have gained significant popularity in recent years. Although they were originally created as a joke, they have attracted the interest of many people. Nonetheless, the popularity of meme coins can influence their market and prices. Some people are interested in investing in meme coins as part of a trend or in hopes of making a quick profit.


Well, I don't think that all of them were created as a joke. DOGE was, the others are just trying to repeat its success, however, at this point, DOGE already had its best days and most likely will never repeat its own success.

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June 27, 2023, 07:06:38 AM
 #132

Well Elon Musk did tweet a picture of DinoLFG token. He then deleted it but it makes investors wonder if there is connection there.
Maybe there is a connection to Dino token and Elon Musk. If this is true then investors maybe in for some big gains.
https://thenewscrypto.com/elon-musks-possible-connection-to-dino-token-sparks-interest/

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June 27, 2023, 08:14:00 AM
 #133

Well Elon Musk did tweet a picture of DinoLFG token. He then deleted it but it makes investors wonder if there is connection there.
Maybe there is a connection to Dino token and Elon Musk. If this is true then investors maybe in for some big gains.
https://thenewscrypto.com/elon-musks-possible-connection-to-dino-token-sparks-interest/

Bruh, this is old fake news from the beginning of May. Why did you bring it up here?

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June 27, 2023, 09:48:02 AM
 #134

It's hard to predict the future of meme coins. However, meme coins like Dogecoin, Shiba Inu, and Pepe have gained significant popularity in recent years. Although they were originally created as a joke, they have attracted the interest of many people. Nonetheless, the popularity of meme coins can influence their market and prices. Some people are interested in investing in meme coins as part of a trend or in hopes of making a quick profit.


Well, I don't think that all of them were created as a joke. DOGE was, the others are just trying to repeat its success, however, at this point, DOGE already had its best days and most likely will never repeat its own success.
Seeing that Dogecoin can repeat its success may be a small chance,
besides that Elon Musk was also very influential in the success of Dogecoin at that time,
So let's see how far the meme coin will go.



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June 27, 2023, 02:49:03 PM
 #135


Bullish is on the way and memecoin will likely be the main actor to start bullish, because that also happens in 2020 to 2021,
where memecoin experiences a quick pump to the moon, and after that the altcoin season starts,
so we have to choose memecoin first and I suggest it's in Floki, because Floki has a good future.
I don’t know how do you guarantee about bull run is on the way as considering 2020 & 2021, no one can't predict that. Meme coin has nothing related with altcoin season, when it will go hype then it’s automatically pump without no good news. Undoubtedly i can must
say that there are no future in Meme coin, even if you will invest in Doge or Shiba Inu, no guarantee.

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June 28, 2023, 03:39:55 AM
 #136

Abolutely not, you can't compared meme coins with any real project such as matic or etc.
The meme coins mostly has no utility and the only reason why the project can survive it just about the hype of their comunity.
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June 28, 2023, 06:33:32 AM
 #137

Abolutely not, you can't compared meme coins with any real project such as matic or etc.
The meme coins mostly has no utility and the only reason why the project can survive it just about the hype of their comunity.

Most meme coins was created like a joke but joke can not last a long time. Usually meme coins are used only for a short time speculations and many people lost money during such speculations but some meme coins live for a long time.
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June 28, 2023, 04:39:01 PM
 #138

The future of meme coins is uncertain and risky. While some meme coins have gained popularity and market value, thanks to celebrity endorsements (such as Elon Musk) or viral marketing campaigns, many of them also face challenges such as lack of development, security issues, regulatory scrutiny, or market manipulation4. Some meme coins may even be outright scams that aim to defraud unsuspecting investors.

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June 28, 2023, 09:44:54 PM
 #139

The future of meme coins is uncertain and risky. While some meme coins have gained popularity and market value, thanks to celebrity endorsements (such as Elon Musk) or viral marketing campaigns, many of them also face challenges such as lack of development, security issues, regulatory scrutiny, or market manipulation4. Some meme coins may even be outright scams that aim to defraud unsuspecting investors.
Because of these influential people's endorsement, meme coins gain popularity but this is not the reason why we should have to choose them for investment, it should be because of the use case. Unfortunately, meme coins don't have and so there is no reason why keeping them. Well, we know that many people got a profit from the hyped that these meme coins have made but if we are considering them as for long-term investment, that was absolutely a big mistake.

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milewilda
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June 28, 2023, 10:40:04 PM
 #140

The future of meme coins is uncertain and risky. While some meme coins have gained popularity and market value, thanks to celebrity endorsements (such as Elon Musk) or viral marketing campaigns, many of them also face challenges such as lack of development, security issues, regulatory scrutiny, or market manipulation4. Some meme coins may even be outright scams that aim to defraud unsuspecting investors.
Because of these influential people's endorsement, meme coins gain popularity but this is not the reason why we should have to choose them for investment, it should be because of the use case. Unfortunately, meme coins don't have and so there is no reason why keeping them. Well, we know that many people got a profit from the hyped that these meme coins have made but if we are considering them as for long-term investment, that was absolutely a big mistake.
Everything would really based up on hype and this is something that it is really that inevitable and there's no way that it would really be that avoided.Speaking about future then whether these coins would be able to sustain or not basing up on the hype that being built but on the time that it wouldnt be able to sustain then it would eventually die and wither away and this is why it wouldnt really be that shocking that meme coins would simply come and go and the cycle continues. As long there would be those people or investors who do really love to put up money with these meme coins then this market would really continue.
We've seen some of those meme coins who do sit on  the top of the marketcap but still ending up on having no actual real life utility which it is really just that sad.

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