Why we need to buy meme coin?

[GbitG]

for real! Sleep dreams of gettin' rich quick can turn into a cry real fast. Meme coins?

Risky business, man. They hype you up with flashy deals, but truth is, they're short-lived. Most meme coin crews are greenhorns with little know-how. They're here just to snatch your cash and bounce. Stay woke, choose projects with solid foundations

DYOR

True, but it's the potential profits that lure in investors towards meme coins, and the creators and crews of these meme coins know they will get a lot of investors if they make a bunch of fake promises because the market has seen meme coins performing way better than their abilities and a lot of investors have become millionaires because of their investments in meme coins even when their investments weren't that high.
So it's a mind game that the creators play with investors, and to be precise, most investors in meme coins are newbie investors which means that the creators of meme coins specifically target new investors for their projects.

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[SUPERSAIAN]

The memecoin wave is starting to come back again. Looking at the last few days, I can only laugh because they continue. Don't want to make fun of them completely, because the comedic nature that appears in this trend gives it a vibrant atmosphere.
But let's be honest it comes with big risks and not everyone benefits, usually I look at memecoins as ponzi schemes where they don't have much applicability, but enjoy. It's an exciting time right now because it's boring anyway and people are moving on to other things, the FOMO is really getting stronger.

There are thousands of MEME tokens, this craze is back again, a few of them are trending in the market every day. Right now it looks like Bitcoin is buying one MEME token after another. Other altcoins have been crushed a lot, and investors who remain in altcoins against Bitcoin are inevitably running out of patience when they see MEME tokens rising.

I think meme tokens are misleading, of course they can make money, but they are good at misleading the target.

[oktana]

What you’re saying sounds like scam projects. I am not trying to defend meme projects but there are memecoins that are doing good currently, some of which have made people millions of dollars. It’s only that after the rise of these well-doing memecoins, people started creating memecoins to rather scam people. Some will hold presale for a coin they know will never get listed. And this isn’t just about memecoins (even if they have a lot of ground on this), it’s about altcoins in general. Just DYOR (even if it doesn’t guarantee that you’ll not get scammed).

[arjunmujay]

in other words, memecoin is a gambling coin. is it like that? because the increase was very drastic because of mere hype without any clear fundamentals. If that's the case, it means that memecoin will not develop any better in the future. It's just a bet between making a lot of profit or losing

After the success of other meme coins, there are lots of choices that were created to join the hype and confuse the investors, and also most of them are scammers that just wanted to get their hands on the investor's money because the hype is in the meme coins at that time. Now we no longer see the real one easily since the variety of choices is huge and they are also unpredictable unlike Doge Coin that is backed up by Elon Musk, others are not even real they are just created to hype the investors and when they take the bait, they will loss and run with their money.

Yes, most meme coins now stand and survive or even increase in price due to the community itself. This is different from Doge which is supported directly by Elon. Of course memecoin is currently more risky than doge

[Dr.Osh]

What you’re saying sounds like scam projects. I am not trying to defend meme projects but there are memecoins that are doing good currently, some of which have made people millions of dollars. It’s only that after the rise of these well-doing memecoins, people started creating memecoins to rather scam people. Some will hold presale for a coin they know will never get listed. And this isn’t just about memecoins (even if they have a lot of ground on this), it’s about altcoins in general. Just DYOR (even if it doesn’t guarantee that you’ll not get scammed).

well, it's not a matter of profit. Even Terra Classic, which is clearly a scam, still provides benefits for some people. However, choosing meme coins as an investment is like walking on the edge of a cliff. that is a very risky thing, especially if it is in large quantities. I think, the reason why people still choose meme coin nowadays is because it still provides profits. No matter what the purpose of a meme coin is, as long as it still provides a profit, people will buy it. However, the thing that needs to be emphasized is to use as little money as possible, and use money that you are willing to lose.

[Magic-Money]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

[oktana]

What you’re saying sounds like scam projects. I am not trying to defend meme projects but there are memecoins that are doing good currently, some of which have made people millions of dollars. It’s only that after the rise of these well-doing memecoins, people started creating memecoins to rather scam people. Some will hold presale for a coin they know will never get listed. And this isn’t just about memecoins (even if they have a lot of ground on this), it’s about altcoins in general. Just DYOR (even if it doesn’t guarantee that you’ll not get scammed).

well, it's not a matter of profit. Even Terra Classic, which is clearly a scam, still provides benefits for some people. However, choosing meme coins as an investment is like walking on the edge of a cliff. that is a very risky thing, especially if it is in large quantities. I think, the reason why people still choose meme coin nowadays is because it still provides profits. No matter what the purpose of a meme coin is, as long as it still provides a profit, people will buy it. However, the thing that needs to be emphasized is to use as little money as possible, and use money that you are willing to lose.

It is actually different factors combined that leads to people investing in meme coins. Just like you said, if it’s in large quantity, people will rush to invest. But if a meme token was made to have a very low total supply, no one would wanted to invest. But this isn’t the only reason, the hype, the community size and supporters (like how Elon supports DOGE) matters too.

[nimogsm]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

The most ironic thing is that the very rich people in the first place are the creators of these meme tokens and those who first bought them. But the rest are trying to hit the jackpot and repeat their success by paying for the whole banquet.Buying such meme tokens is a modern lottery since the chances are exactly the same, but about one in a million.

[Bushdark]

What you’re saying sounds like scam projects. I am not trying to defend meme projects but there are memecoins that are doing good currently, some of which have made people millions of dollars. It’s only that after the rise of these well-doing memecoins, people started creating memecoins to rather scam people. Some will hold presale for a coin they know will never get listed. And this isn’t just about memecoins (even if they have a lot of ground on this), it’s about altcoins in general. Just DYOR (even if it doesn’t guarantee that you’ll not get scammed).

Meme coins are really trending and we need to buy some and hold because we don't really know what price Bitcoin will reach before the halving. It is good when we accumulate enough coin but the problem is that we don't know what meme will good us more profits that the other. It is good when we just buy and keep buying if we have the fund to accumulate plenty of different meme projects.
It is very certain that the price of Bitcoin is going to reach 100k before we see anything like bear surface again. Let's keep watching the market.

[AakZaki]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

Doge, Shiba and pepe are examples of memecoins that have large community support, so they can become big memes and list on tier 1 exchanges. See how Doge and Shiba perform, rising to millions of percent and making those who hold them long term millionaires to date. and see Pepe coin which was able to enliven the Ethereum market because of its increase. But even though these memecoins are quite successful, there are more memecoins that only end up being scams or fraud. You need to research and be careful in choosing memecoin.

[Sophokles]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

In its ruins many people live as well. In social media we only see the success stories of some individuals when there are 100X more people who lost lots of money by investing in doge, shiba inu and pepe. Actually most people either join a meme project at its peak or near the peak. So they got trapped in there for the long term or they exited that project by selling off their holdings. I am not saying its not possible to make profit from a meme project but it is really dangerous as most people join late.

[Muslimin mj]

Because
Sleep dreams that the tendency to suddenly become rich

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

yes. I agree that memecoin can turn dreams into reality. especially with market conditions currently experiencing an increase or bullish. so that it can give us a greater opportunity to turn dreams into reality. I am currently holding Dogecoin and Shiba. Hopefully these two memecoins can continue to increase.

[oktana]

What you’re saying sounds like scam projects. I am not trying to defend meme projects but there are memecoins that are doing good currently, some of which have made people millions of dollars. It’s only that after the rise of these well-doing memecoins, people started creating memecoins to rather scam people. Some will hold presale for a coin they know will never get listed. And this isn’t just about memecoins (even if they have a lot of ground on this), it’s about altcoins in general. Just DYOR (even if it doesn’t guarantee that you’ll not get scammed).

Meme coins are really trending and we need to buy some and hold because we don't really know what price Bitcoin will reach before the halving. It is good when we accumulate enough coin but the problem is that we don't know what meme will good us more profits that the other. It is good when we just buy and keep buying if we have the fund to accumulate plenty of different meme projects.
It is very certain that the price of Bitcoin is going to reach 100k before we see anything like bear surface again. Let's keep watching the market.

In your first sentence, I think you misplaced the words and used “need” instead of “want”. But yeah, if you have the money to invest in as many memecoins as possible then do so. But understand the risk that most of them fails and even all you’d invest in could fail too (so invest wisely). Anyways, Bitcoin at $100k before any bear market? It is possible but $100k is quite distant. That’s about $35k extra from where we are now, but let’s see. Of course at such price all memecoins and altcoins in general will appreciate too.

[terrific]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

Many of those have became rich with memecoins. But I think that many have also changed their lives backwards in a manner that they've invested due to the hype and they're late investors.
Let's just count all of those that have became wealthy and millionaires in memecoins but it's not for everyone that shall become rich with memecoins. They deserve it because they take the risk but not everyone that takes risk with memecoins are going to become rich.

[Kristiyana]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

Many of those have became rich with memecoins. But I think that many have also changed their lives backwards in a manner that they've invested due to the hype and they're late investors.
Let's just count all of those that have became wealthy and millionaires in memecoins but it's not for everyone that shall become rich with memecoins. They deserve it because they take the risk but not everyone that takes risk with memecoins are going to become rich.

You're right meme coin has really change the life of some people reason is because they invested in the early stage,when those meme coins has no value,and they where patent enough to reserve the coin till this time that those meme coins has value,I think they are going to make a very big profit on this meme coins.

[Dr.Osh]

Meme coin has changed some people life stories that invested at early stage and been patent enough to hold for a long time and today because of the price difference has become millionaires, which is Doge Coin, Shiba Inu, Pepe Coin and so many other meme Coins has been a profitable business. Hence you can't take the risk of investing in meme Coin, then leave it and focus on Bitcoin with a stress free investment.

The most ironic thing is that the very rich people in the first place are the creators of these meme tokens and those who first bought them. But the rest are trying to hit the jackpot and repeat their success by paying for the whole banquet.Buying such meme tokens is a modern lottery since the chances are exactly the same, but about one in a million.

Yes, that's the current reality. However, it works for some people. They use meme coins to get high results in a short time. People will think of investing a little in meme coin thinking that when the coin is a scam, then there is no big loss. However, when the price rises, they make big profits. In fact, the reason that can be given for buying this coin is simply because it can bring profit.][url][/url]

[Dailyscript]

Sometimes I just think about the fact that meme coins can be very dangerous but can make someone exceptionally rich over night. It takes a strong mind to invest in meme coins and keep them for a long time. Especially those investors who have a lot of money to invest in cryptocurrency, I believe they are the ones who take serious risks in investing in meme coins. Personally, I do not like meme coin because I am a long term investor, but I could try it sometimes. I have had some thoughts about it, like I said. However, I will use money i know I do not care if I lose it or profit from it.

[Sayeds56]

Because
Sleep dreams that the tendency to suddenly become rich

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

Buying meme coins often stems form speculative desire to make quick profit and become rich overnight. I think the success of famous meme coin DOGE which was merely created for fun purpose, attracted millions of investors in meme coin industry when its price surged more than 1000X in 2021 with the backing of popular celebrity Elon Musk. This phenomenon further fueled the attractiveness of meme coins as instruments for seeking quick gains.

I personally, accumulate meme coins, such as DOGE and Shiba Inu  during bearish market when they are often available at more than 80% discounted price, and consequently sell them in bullish market when they typically regain their lost value.

[big kid]

Sometimes I just think about the fact that meme coins can be very dangerous but can make someone exceptionally rich over night. It takes a strong mind to invest in meme coins and keep them for a long time. Especially those investors who have a lot of money to invest in cryptocurrency, I believe they are the ones who take serious risks in investing in meme coins. Personally, I do not like meme coin because I am a long term investor, but I could try it sometimes. I have had some thoughts about it, like I said. However, I will use money i know I do not care if I lose it or profit from it.

Well, memecoins are very speculative assets, and their price is based only on hype, so long-term investment doesn't really work in that space I think. It can only work as you throw the money you don't need and don't expect profit from it, it just might come.

[dogemoon]

Because
Sleep dreams that the tendency to suddenly become rich

This is not really normal because meme coin is more dangerous in this crypto market. They always collect money from investors by showing amazing attractive offers. In reality their project does not last long in the market because most of the team members of meme coin are new generation and they have less experience. They are coming to the market only to grab the investor capital completely.

All the blames is on Elon Musk, Doge is just a meme coin when he shills it to the community, it creates a huge noise Dogecoin became the most talked about and the most hype of that period from then developers tried to imitate the success of Dogecoin, and they succeeded on some meme coins like Shiba Inu and Pepe coin, but I doubt these meme coins are created to last like all the top coins in the market.
Right now many investors are losing their money only the creators and developers of these meme coins are making money, The time will come when people will get enough of these meme coins, hopefully, it will come sooner, We need more innovative coins, not Memes.

NO. Dogecoin was already in the top before Elon. It was probably the second most popular currency until the arrival of Ethereum





Due to its success, imitators like Panda, Coinye West, Nyancoin, or Norriscoin emerged. Only Dogecoin survived because of its community and its potential as a real currency. With tokenization, it became easier to create unlimited altmemes, and with the huge liquidity of Bitcoin, they could be pumped.