Do you think a new memecoin $MEMEFARMS will skyrocket in 2023?

[NFThapppen86596]

Hey Everyone,

I recently Found $MEMEFARMS, an upcoming project inspired by Memecoin(Recently listing on Binance )and felt an urge to express my thoughts with you.


WHAT MEMEFARMS OFFERS:

Memefarms is a project that's about to launch, offering useful features such as staking and farming. It boldly asserts itself as superior to other meme coins and aims to deliver outstanding profits to its users within a short span of time.

$MEMEFARMS distinguishes itself from others:

The project is unique in its approach, Going  for a fair launch on pinksale without any private sale, ensuring that everyone has an equal chance to participate. Additionally, the There is no team tokens and the smart contract is renounced which signifies a complete reliance on the community to drive the project forward.

WHY $MEMEFARMS ON EARLY STAGES:

One of the most promising aspects is that it is launching with a low Market Cap, indicating ample room for significant growth. Historically, projects with a low Market Cap have shown the potential for remarkable expansion.

Considering these factors, Memefarms appears to offer a promising investment prospect.

 What are your thoughts on this? Do you think it's a good opportunity?

[EmpoEX]

You are more like advertising for them. I haven't heard of this coin before today. So, I am unsure if this has something new other than some centralization. What I don't like is developers hold a big portion of the coins. Since I did not checked the coins and the tokenomics, I am unable to say anything in details. But it is not nice to post like you are advertising for them.

[noorman0]

I think it's enough for us to talk more specifically about meme coin brands, basically these types of coins are the same. After all, you have missed the meme hype train, it has already passed with many of the last holders not getting a fair return. For every 1 person, thousands of others get nothing.

There is nothing that can conclude that such a coin has futuristic value, it is just a momentary pump dump scheme.

[crwth]

Meme coins = Risk

You are definitely risking a lot of your money in those types of coins if you continue to invest in them. It seems like you are somewhat related to the project. Are you affiliated with them OP?

I can't see the news about $MEMEFARMS being listed in Binance. All I can see is MEMELAND etc.

[AbuBhakar]

Memefarms is a project that's about to launch, offering useful features such as staking and farming. It boldly asserts itself as superior to other meme coins and aims to deliver outstanding profits to its users within a short span of time.

Staking and farming are the most common used feature on the meme coin industry. I will guess that this token will have token burn feature too while the devs purposely create a massive token supply just to burn without any sense at all.

If you knew exactly how many meme coin being generated in daily basis, I’m sure that you will realized how hard for a certain meme coin to pump since they are all sharing on a a small marketcap that typically dump and pump the market in short period of time. Memecoin is a waste of time and money.

[Yatsan]

No one has the assurance not only in meme coins but to all cryptos boyh existing and new ones. It’ll be dependent with the demand to be generated by investors. Indeed there’s still a hupe for meme tokens due to previous releases but not all tokens are having the same fate as with those which are popular in this industry. Every investment has its own risk however, with meme tokens which are most of the time having no utility, then it’ll solely be determined by the impression it will create in this industry before its public sale and exchanger listing. Honestly I’m not familiar with mentioned token and also, i had no recod of holding such concept of crypto.

[bluebit25]

I think many people, if only looking at the name and brand, will have a big misunderstanding about the memeland.

I learned about this project around the end of 2022 when it was still in the early stages but at that time it really did not receive much traction possibly due to many different objective issues. But actually, I know who is behind it, the 9GAG platform is what attracts my attention more, of course if anyone does not know about 9GAG, they can ignore it. But actually, they had a platform system that was not related to blockchain a long time ago, maybe the increasing awareness and acceptance of crypto caused them to get more involved in this field.

Yes, I also agree that if it's just exaggerated like some doge, shiba, pepe memes,... it's not too attractive until fomo. But actually, the project is building and doing a lot of different things related to p2e, socialfi,... although those are all exaggerated terms, perhaps the most impressive thing is the team behind the project with much experience.
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Actually, I was wrong to think the OP was referring to the MEMECOIN project, but after looking again, it's something else entirely.

What the hell is $memefarms ? Well this is definitely a copy of the idea as well as following the hype by another quality project I mentioned earlier.

I don't have advice on whether or not to continue with what the OP is talking about, but I'm glad to know about another project that I wouldn't otherwise be exposed to. When this is just another and meaningless meme popping up in this space.

[LogitechMouse]

tl;dr
Considering these factors, Memefarms appears to offer a promising investment prospect.

 What are your thoughts on this? Do you think it's a good opportunity?

I didn't read the whole post as it was about Meme coins again, and as usual, the chances of it to become a scam coin is at it's highest.

I guess investors must not invest into meme coins anymore especially to those new ones. I mean we've seen numerous meme projects that turned out to be a scam coin, and we will see more in the future if we continue to invest on it. I mean there's a chance that the person/people who invest into it might make their initial investment x100 or even higher by investing into them, but what are the chances of it to happen? Your chances of losing might be higher than that of getting profit.

As for the project itself, I didn't take much time reading the thread because for me, meme coins = scam coins.

[Publictalk792]

I didn't read the whole post as it was about Meme coins again, and as usual, the chances of it to become a scam coin is at it's highest.

I guess investors must not invest into meme coins anymore especially to those new ones. I mean we've seen numerous meme projects that turned out to be a scam coin, and we will see more in the future if we continue to invest on it. I mean there's a chance that the person/people who invest into it might make their initial investment x100 or even higher by investing into them, but what are the chances of it to happen? Your chances of losing might be higher than that of getting profit.

As for the project itself, I didn't take much time reading the thread because for me, meme coins = scam coins.

In my point of view meme coins are just a trap of the whales. Whales accumulate a huge amount of the meme coin and this create a good hype in that meme coin. They just accumulate more and more amount and just make a mind of the people to invest in this shit coin because they think that this coin has a good hype and can go more up.
And when people start investing then whales starts selling. Whales sells people buy. When whales achieve a their target they make a big red candle. Which shows that people are fully trapped and whales get their profit and exit the market.

[babygun]

Meme coins = Risk

You are definitely risking a lot of your money in those types of coins if you continue to invest in them. It seems like you are somewhat related to the project. Are you affiliated with them OP?

I can't see the news about $MEMEFARMS being listed in Binance. All I can see is MEMELAND etc.

Meme coins will always be a risk but if you pick the right one, it can skyrocket (risk vs reward). It is almost impossible to predict which memecoin will become popular or get hyped (than the biggest rise is already over) and there are way too many to invest in all of them. Not heard of this new memecoin before ans no interest at all in it.

[DeathAngel]

Do I think $MEMEFARMS will moon in 2023? No I don’t think $MEMEFARMS will moon any time soon & even if it does will you be able to sell in time for the inevitable happens & the dev team & large bag holders dump? I think it’s far too risky to consider investing in, meme coins are all the same. Forgive my ignorance but I will pass on this.

[Venik]

No, I don't think so. I don't have faith in memecoins at all. I'm sure that only 1% can skyrocket, but most likely they'll go down after that.

[bakasabo]

I believe that not a single meme coin will ever sky rocket, because cryptocurrency market has changed so much, that there are no more easy and quick money. People dont invest in meme coins in search of getting rich quick scheme. Instead they prefer more stable income. Meme coin trend has been changed with NFT and metaverse trends long time ago. Now its retrodrops time. No one even pays attention to meme coin anymore.

However, it depends on what is to skyrocket. If meme coin trading volume is $1, and all of a sudden someone spends $100, then such x100 is a skyrocket.

[Bureau]

I believe that not a single meme coin will ever sky rocket, because cryptocurrency market has changed so much, that there are no more easy and quick money. People dont invest in meme coins in search of getting rich quick scheme. Instead they prefer more stable income. Meme coin trend has been changed with NFT and metaverse trends long time ago. Now its retrodrops time. No one even pays attention to meme coin anymore.

However, it depends on what is to skyrocket. If meme coin trading volume is $1, and all of a sudden someone spends $100, then such x100 is a skyrocket.

Actually in the last bull run memecoins top the chart on ROI. After next year halving event everyone is expecting another bull run. Many are speculating that it will be again memecoins that will see an upward trend. It is why a lot of cryptocurrency enthusiastic individuals are still investing heavily in memecoin. You need to check Coingecko trending coin analysis, you would be suprised to see a few memecoins on the  trending list.

[Kelvinid]

 What are your thoughts on this? Do you think it's a good opportunity?

Don't overthink these projects that have no use case like meme coins as it only ruins your day and makes you lose. I'd say they still have the opportunity but it doesn't mean that we should be thinking that we have a profit assurance from these coins. You must know the risk of investing in meme coins and must know that most of them are scams. They are very popular and famous when it comes to hyping sentiment but when it comes to market sustainability, you can't rely and see them get it.

[NFThapppen86596]

You are more like advertising for them. I haven't heard of this coin before today. So, I am unsure if this has something new other than some centralization. What I don't like is developers hold a big portion of the coins. Since I did not checked the coins and the tokenomics, I am unable to say anything in details. But it is not nice to post like you are advertising for them.

i am not advertising for them just sharing my thought mate well yes tokenomics are not shared yet but the team claims no tokens for the team and also all tokens will be in LP at the time of the fairlaunch so my eyes are on them lets see what they got

[tvplus006]

...I can't see the news about $MEMEFARMS being listed in Binance. All I can see is MEMELAND etc.

When I see that someone has created a coin with a similar name, I understand that before me there are scammers whose sole purpose is to confuse the investor in order to sell him an unwanted token. And now the scammers, knowing about the hype around MEMELAND, are trying to pay attention to their shit, which has nothing to do with $MEME.

[Ben Barubal]

  Are you part of this project? because based on this link https://bitcointalk.org/index.php?topic=5472325.new#new, you also made a topic about it. In which you are obviously promoting this project. Then you ask us what we can say here. Aren't you the one who should explain that to our communities on this platform?

  We don't know anything about this; why don't you give complete details about this meme farm? Maybe if you explain properly, you can change it or attract investors here, but it's still unclear for now, to be honest. You know that most people here think that the risk is high in meme coins, which is really true, and extra caution is needed for our investors.

[lalabotax]

I recentl find $MEMEFARMS, an upcoming project inspired by Memecoin(Recently listing on Binance )and felt an urge to express my thoughts with you.

Are you one of the teams to promote the meme coin? Or are they just investors so that the meme coin becomes more well known and becomes hype like other meme coins? In fact, not only this coin has appeared, but there are lots of other meme coins that we can find for those who are new or existing on the market. and in the end we already know the ending, don't we, however only a very few meme coins can really survive while the others, well, will just die when the hype or promotion ends. because there are not many developers who can maintain the meme coin to continue to grow and survive on the exchange. So in my opinion you need to be very careful when choosing a Meme coin because it is true that Meme coins have a very high risk compared to other coins. So if you are new to the world of crypto, it would be better if you avoid the Meme coin because the risk of losing money is higher.

[_BlackStar]

All the hype around meme coins will fade over time and you will realize that it is something that seems to be used only for quick profits. The crypto industry is preoccupied with things like getting rich overnight - that won't be the case forever even though some of us feel like it is.

What are your thoughts on this? Do you think it's a good opportunity?

For obvious reasons - I think by investing in memes you are simply betting on something with low prospects.