UFO tokens

[zasad@]

UFO hearing: Crypto degens spare no time crafting 50 alien shitcoins
With the United States government accused of covering up extraterrestrial activity, crypto degens were quick to sprout a shiny batch of memecoins.
https://cointelegraph.com/news/ufo-hearing-alien-crypto-themed-memecoins
"Crypto degens have been quick to try and capitalize on a widely-watched hearing where former United States government officials have claimed the existence of alien spacecraft and “biologics."

Testifying under oath at the House Oversight Subcommittee on National Security, David Grusch, a former Pentagon task force member on Unidentified Aerial Phenomena (UAP) and whistleblower, accused the U.S. government of covering up alien visitation to Earth.

The July 26 hearing has since gone viral, prompting over 50 alien, UFO, or other extra-terrestrial themed-tokens to crop up over the last 24 hours."

Some examples of tokens
https://www.coingecko.com/en/coins/alienfi
https://www.coingecko.com/en/coins/ufo-gaming

It's better to watch this from the side with popcorn. Of course, all this is a potential scam.

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[Tytanowy Janusz]

scammers will not miss any opportunity to get rich at the expense of the greedy and stupid. As the zasad@ said, the best you can do right now is to "watch this from the side with popcorn" or even better, ignore this phenomenon entirely, because even searching for tokens, writing about them, gives scammers and their coins extra attention.

BTW coins listed by OP are not new coins.

[kingvirtus09]

scammers will not miss any opportunity to get rich at the expense of the greedy and stupid. As the zasad@ said, the best you can do right now is to "watch this from the side with popcorn" or even better, ignore this phenomenon entirely, because even searching for tokens, writing about them, gives scammers and their coins extra attention.

BTW coins listed by OP are not new coins.

You're right there, then for meme coin hunters, they might invest in UFO, shiba memu and Allien, maybe if I invest in UFO, I'll buy even if it costs only 15$ and then just hold, even if it loses, it's fine. We know that meme coins are high risk. Maybe if I have a lot of money, the maximum I can invest in meme coins is around 30$-50$.

[20kevin20]

Do they have any meaning besides scamming and memes? There’s no utility, so they practically pretty much fall into the category of shitcoins along all the other coins. Useless coins everyone’ll forget about in years. Today they talk about UFOs, tomorrow they release UFO coins. There was literally no work in the creation of them, they’re just copies of other coins just like 99% of the market

[tsaroz]

It's funny to see how easy and Quick it is to issue coins on everyday buzz topics. And they heats up and cools as quick as the topic. These tokens whatever they may call themselves are essentially pump and dump projects. Some may earn from investing early but a larger number of people loses larger amount on them. Even selecting on a meme coin, we should prefer one which would have multiple pumps and dumps rather than one.

[Beparanf]

UFO hearing: Crypto degens spare no time crafting 50 alien shitcoins
With the United States government accused of covering up extraterrestrial activity, crypto degens were quick to sprout a shiny batch of memecoins.
https://cointelegraph.com/news/ufo-hearing-alien-crypto-themed-memecoins
"Crypto degens have been quick to try and capitalize on a widely-watched hearing where former United States government officials have claimed the existence of alien spacecraft and “biologics."

I’m not aware with this news but given that meme tokens already created based on this news confirmed how popular this news seems meme token is a sign of popularity on a specific event or personality.

I invested few bucks on some meme coin that resulted to x100 and above. I might ape some of this garbage token and see if I can dig some profit on this garbage. I’m sure there will be a lot of liquidity coming from pepe guys to this new hit on meme coins category.

[Tytanowy Janusz]

You're right there, then for meme coin hunters, they might invest in UFO, shiba memu and Allien, maybe if I invest in UFO, I'll buy even if it costs only 15$ and then just hold, even if it loses, it's fine. We know that meme coins are high risk. Maybe if I have a lot of money, the maximum I can invest in meme coins is around 30$-50$.

Why? what for? you are just giving money to scammers. it's not like meme coin will catch and reach a big capitalization because its better than others. It all depends on what capital is behind the scam and what skills to manipulate the price have the scammer. This cannot be predicted. And since there are no mechanisms for predicting this, you are gambling, even worse, because in the casino you can calculate the probability of winning and the house edge. High risk must be justified by proportionately high returns. If you're counting on x100 with a probability of 1:10,000, you're probably not making a good trade.

[bettercrypto]

You're right there, then for meme coin hunters, they might invest in UFO, shiba memu and Allien, maybe if I invest in UFO, I'll buy even if it costs only 15$ and then just hold, even if it loses, it's fine. We know that meme coins are high risk. Maybe if I have a lot of money, the maximum I can invest in meme coins is around 30$-50$.

Why? what for? you are just giving money to scammers. it's not like meme coin will catch and reach a big capitalization because its better than others. It all depends on what capital is behind the scam and what skills to manipulate the price have the scammer. This cannot be predicted. And since there are no mechanisms for predicting this, you are gambling, even worse, because in the casino you can calculate the probability of winning and the house edge. High risk must be justified by proportionately high returns. If you're counting on x100 with a probability of 1:10,000, you're probably not making a good trade.

Well, we can't do anything about that, it's his choice and decision, we should respect what he wants even though in our eyes the step he wants to take in investing in a meme coin is a bit bad.

Then it's okay with him even if he doesn't get any money from the money he will use to buy the UFO... Maybe because he thinks like Pepecoin that doesn't have a group or team but is suddenly trending in the market..