coin memes don't have a project? Is it worth buying for the long term?

[Wexnident]

~

Definitely not. Meme coins would probably be good for a short while, especially on release since a few days after that it usually pumps up due to "unnatural" reasons, but other than those times, due diligence would be required. They mostly crash down after that initial pump though tbf so not for the long term. Past that, it usually just moves if some whale decides to buy a whole bunch. As you said, meme coins don't have a use case, a roadmap, or anything similar to what big projects have. It's called a "meme" for a reason.

Never really tried buying one. I might if someone tipped me some group was trying to inflate it, free money. Past that, I don't think so. Never really been a fan of the meme designs we have as well anyway.

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[Sophokles]

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

You mean the meme project doesn't have any use cases, and that is true. These projects are speculative assets, and it is most likely a gamble to invest in them because you just need to pray that any whale won't dump on your money. If a meme project has any events or significant news coming, then you can invest in them but that is only for the short term. These projects don't have any usecase so their demands only come from the retail investors who buy those coins and keep them in custody. 

[Mame89]

I think meme coins are not worth buying for the long term. We have to know the right timing to buy Memecoins so that we can profit thousands of percent from these coins. If we buy late or buy when the price is too high, we will only suffer losses. Remember, don't be fomo about meme news. Still do your own research
buy meme coins to build our wealth not to maintain our wealth I think that's true
This is not an advertising financial

Meme coins are completely unsuitable for the long term, I am sometimes confused as to why many people buy meme coins for the long term even though it is clear that these are just coins for entertainment, the fundamentals of which are not very clear. They have to be smart again to make decisions about investing in meme coins.

Because it's true, as you said, this meme coin is only clever when we take the moment, if we are a little late we will experience losses and vice versa, if we enter at the right time we will make a profit, and usually meme coins won't last long. So far, only Dogecoin has survived for a long time, because the community is strong and supported by Elon Musk, so it is not surprising that Dogecoin has survived so far. I think the last sentence is very suitable as a reminder for us, buying meme coins at the right time will build our wealth but not maintain our wealth.

[AmoreJaz]

I think meme coins are not worth buying for the long term. We have to know the right timing to buy Memecoins so that we can profit thousands of percent from these coins. If we buy late or buy when the price is too high, we will only suffer losses. Remember, don't be fomo about meme news. Still do your own research
buy meme coins to build our wealth not to maintain our wealth I think that's true
This is not an advertising financial

Meme coins are completely unsuitable for the long term, I am sometimes confused as to why many people buy meme coins for the long term even though it is clear that these are just coins for entertainment, the fundamentals of which are not very clear. They have to be smart again to make decisions about investing in meme coins.

Because it's true, as you said, this meme coin is only clever when we take the moment, if we are a little late we will experience losses and vice versa, if we enter at the right time we will make a profit, and usually meme coins won't last long. So far, only Dogecoin has survived for a long time, because the community is strong and supported by Elon Musk, so it is not surprising that Dogecoin has survived so far. I think the last sentence is very suitable as a reminder for us, buying meme coins at the right time will build our wealth but not maintain our wealth.

they will find out soon that most of these meme tokens will have short lifespan or better yet, their growth is stagnant. if there is no reason why they continue to exist, the team behind it will just run the pump and dump scheme up until they already got their pockets full and finally abandon it without a warning. as we have seen, most meme projects are just for short-term, you can get involve but better get out fast while you are still in profit. don't get too attached because you will rekkt without a fight.

[Stalker22]

~
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

On the surface, I get the appeal - who wouldnt want their $20 "MemeCoin" investment to suddenly be worth millions? But when you peel back the shiny hype and hopium, most of these things have all the staying power of a snow cone in July. 

Look, Im not saying theres zero chance of striking gold with some ridiculous meme coin.  But putting any serious money into most of them is less investing and more flushing money down the slots and praying.  If you have some cash burning a hole in your pocket and dont mind rolling the dice, fine.  Just dont mortgage the house betting on PooPooPeePeeCoin making you a millionaire.  Odds are you will end up nothing to show but a vacant expression and a lot less money in your bank account.

[Adreman23]

Most probably, the reason why people buy meme coins is to make a significant profit. However, I think this may not be suitable for the long term, especially for newly launched meme coins. If you invest in a new meme coin, it's probably better to exit as quickly as possible to avoid getting caught in a price dump. Investing in meme coins is highly risky, so it's crucial to invest only what you can afford to lose. It's also advisable to have knowledge in trading so that you know when to enter and exit.

[batang_bitcoin]

Elon Musk didn't support the use of Dogecoin. He just put it into hype because it is obvious that he has bags of it. And by the time that he was able to successfully shilled and hype it, that is when he has took profits from it.
People think that he does it for fun while it is true but, he wont just do it for fun alone but he has also done that for making quick money out of the market and that is why he loves doing it and likely to do it again this coming bull run.

[albon]

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

I see no reason to hold meme coins other than the greed of investors and irrational traders and the dream of quick wealth that makes them risk their significant funds in these shitcoins. When these coins were launched in their early days and during the hype made through extensive marketing by influencers, holders and those fortunate enough made substantial fortunes through them. However, did everyone who invested in these meme coins over the long term seize these rare opportunities? Many believe that by investing in meme coins, they can achieve returns ranging from 100x to 1000x. They anticipate and hope for positive outcomes without considering that their prices can be manipulated by whales and market makers, leading to significant losses for investors in less than an hour. Also, new meme coin projects that have not gained considerable attention are considered more risky, as they may be prone to Rug pull scams. As for me, I prefer altcoins built on solid projects rather than engaging in meme coins based on frivolous matters.

[SeriouslyGiveaway]

Most of the prominent meme coins thrive or survive based on community support. Among the coins you mentioned, there are still a few with real-world applications. For instance, Dogecoin (the pioneer of meme coins) has been widely used as a payment method on gambling and betting platforms for quite some time. As for Floki, it has introduced products like FlokiPlace, Floki Inuversity, FlokiFi Locker, and Valhalla (NFT Gaming Metaverse).

I find meme coins quite interesting as they contribute to attracting new participants to the market. However, for long-term sustainability, any coin should establish a certain use case, something meaningful for its users.

[Dr.Osh]

A simple logic on investment.

If you don't know the reason why you needed to buy the asset, that's mean you don't have a ability to being investor. At least you know the basic information abou the project and is good or not by holding the token/coin.

If you ask other people, you will get various response.

Yes, someone's interest in investment is very different. Some people think that meme coin is a good coin to hold in the long term for the reason that it could follow in the footsteps of doge coin, especially for the popular meme coin. However, some people think that meme coins are not an ideal investment for the long term because of the huge risks, and I am on this side. If you want to invest in meme coins, don't do it for the long term.

[Natalim]

...
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

It is tempting you know but if we are very keen on their current performance, you will somehow then think that it was not worth for long-term investment. They are good during hype but they eventually dump after and we can never expect them to recover as nobody will be taking them back high again as their investors are selling their coins already during the surge.

Investing in them is suicide because at the moment you miss the chance to sell them earlier while the project is hot, no way you earn a profit after but just losses.

[2Pizza410000BTC]

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

Although Bitcoin investment is risky, Altcoin investment is more risky. But as the saying goes, where the risk is high, the gain is high. People have made huge profits investing in meme coins that have never seen the face of so much profit. Like Shibainu, Pepe, Dogecoin etc people have not got the amount of profit till now. This is why people are more interested in investing in meme coins.  Meme coins can be purchased and held long term. Shibainu, Pepe, Dogecoin is expected to create a very nice market in 2025  If all these coins are bought by a small investor with 10-20 dollars for long term investment I always appreciate that investment. I thought to myself that I would buy some meme coins for $10 or $20 and hold them as a long-term investment if the market somehow pumped up, then I would make a huge profit out of it.

[GlacierBIT]

The only thing that pushes you to buy these coins is the banal desire to try your luck and hit the jackpot. Mem coins mean nothing and should not be taken seriously. It is an exciting sight to see such tokens begin to rapidly increase in value.

[Publictalk792]

Meme coins are the name of fun and do not have a clear purpose or use. Dogecoin became popular in 2021 because Elon Musk supported it but meme coins mostly succeed because people get excited about them. And mostly I think the whales manipulate them.

But thing is that buying meme coins is very risky because they can pump and dump quickly. Some people made a lot of money from meme coins when their value go up quickly. But the lost too if it will dump quickly.

But if you really want to invest in meme coin so you should make some research about them and on your personal decision you can make entry and can get profit or loss too. So be careful while investing in these kind of shit coins. And one more thing always invest those money which you have separated and if you lose it doesn't effect on your regular life.

[Yamifoud]

Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

The fact that they have no use case and the too unclear direction of these projects, I don't think they are worthy enough to accumulate.
Maybe some had seen it profitable due to its unbelievable price increase in its early days in the market which made many people become crazy believing that this would be their chance to become rich.

Some are investing blindly with these meme coins but soon they will realize the mistake they've been making.
If we have a reason for buying, we make sure also that we are choosing projects that carry potential, not just for fun. 

[Blitzboy]

Meme coins are a risky way to get into cryptocurrency. Even though their organizations dont always have real projects, its hard to deny their appeal. In fact, this crazy interest was sparked by Elon Musk's support for Dogecoin. Are they good purchases for the long term? Their value comes mostly from the noise on social media and the enthusiasm, not from their usefulness or new technology. Why do people still buy them? Its fun and risky; they're betting on the current mood of culture rather than a big step forward in technology like Bitcoin.

Keep in mind that altcoins are very unstable; internet trends can make or break your wealth. Bitcoin, on the other hand, has a long history, innovative technology, and is becoming more and more accepted as a "digital gold." Bitcoin is the only cryptocurrency that can be used for serious investments and has long-term value. Memes? A exciting ride for people who like playing games with high risks.

[mdzahed134]

MEME coins will never worth invest for the long term, it’s pumping for a certain period of time then it will go disappear. I think here all of them MEME coins you mentioned, DOGE is spacial one because first of all it’s a very old coin i mean it’s the first meme coin on the market i have seen since 2017, then it’s getting support by Elon Musk. People’s are crazy to invest in meme coins because they want to rich at overnight.

[avikz]

Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

Nope! Memecoins are meant for gambling. So you can invest in a memecoin for extremely shorter term. The moment the price hits your personal target, close your trade. Memecoins are not for long term investment.

I specifically stay out of the memecoins because I don't like such coins without utility. These coins are mainly making its creators rich. It is really not targeted for you to become rich. If you can make out some money in memecoin, consider yourself lucky!

[Bushdark]

As far as I know, meme coin are just for fun and don't have a clear project.
Dogecoin is the first meme coin that I know, in 2021 Elon Musk supports the use of Dogecoin, since then the popularity of meme coin has peaked, many new meme coin have emerged such as
- Shiba inu
- floki
- Baby doge coin
- Pepe
and many more.
Even though there is no clear project, many people are still interested in meme coin because they have increased by thousands of%.
 Are meme coin worth buying in the long term?
What is your reason for buying meme coin?

There are so many meme projects especially new ones in the market now except you have not seen them since. There will be more meme projects too available by the time the bull market commenced. We should be looking at that because the meme community is becoming bigger and bigger and we might start to be making huge profits from them. Many investors are now investing in mem projects not minding the level of risks they will have to take but when the profits comes, it is always huge for holders.

[tvplus006]

...What is your reason for buying meme coin?

The reason for buying a meme coin is always aimed at getting a big profit in a short time. Since this coin is not intended to be held for a long time, it is necessary to sell them when a certain price level is reached, otherwise you can transform from a trader into a long-term investor in an instant.