Craze for Meme coins never ends?

[Obim34]

I have experience of investing in meme as well but never had the chance to gain a decent amount. So I only use my spare money because it's quite risky compared to investing in coins with real use case. The guy in op's story is lucky for choosing the right meme coin that will skyrocket in short period. But not everyone is fortunate like him because we can't determine what meme coin will go to the moon and likely give us a huge return.

That's why it is not recommended to invest in meme and you should be prepared for the worse case since it's likely to happen. Therefore if you're going to take risk, only invest what you can afford to lose because there's no assurance at all.

Like you said investment on memecoins is very risky as most times you invest with the mindset of already loosing, what ever may happen should happen be it profit or loss. One good thing about these memecoin is if they intend to give profit it gives a very huge profit than any other Altcoins that is the reason most person still try their luck investing in memecoins

[Out of mind]

Meme coins are basically pumped once, it's like a lottery so to speak. At any given time, one person can gain a lot from doing meme, while many people can suffer the most. As far as I know, most people lose money investing in meme coins, which is why I would advise against investing in these coins. Most people are tired of investing in meme coin and this is one of the most impatient projects where people will lose if they don't invest.

[Essential10]

Investing in meme coins can be incredibly risky and often like gambling. While some people can get lucky and make quick profits, most investors lose money. I have heard stories of success from some people in the past, but the losses are often silent. Many meme coins create markets based entirely on hype. The reality is that often, meme coins lack long-term sustainability and people lose money on these speculative investments. Meme coins are just a trend, and they will probably fade away eventually. As with any investment, make sure you understand what you're getting into before putting your money into Meme Coin.

[Strongkored]

Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.

This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.

To read about 1000 to 100K journey: Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

This actually rarely happens but unfortunately, the media always reports things like this so it seems to be the right picture that investing in altcoins is a good way to get big profits quickly, even though it's just a coincidence and if anyone wants to look for data there will be that are struggling because they experienced big losses.
There is no way for investors to be able to choose which coins will be pumped up to thousands of percent in a short time, so buying them is like gambling, it will turn into gold or ashes, and more will become ashes but newbies will be trapped in investments like this.

[jrrsparkles]

Meme coins are basically pumped once, it's like a lottery so to speak. At any given time, one person can gain a lot from doing meme, while many people can suffer the most. As far as I know, most people lose money investing in meme coins, which is why I would advise against investing in these coins. Most people are tired of investing in meme coin and this is one of the most impatient projects where people will lose if they don't invest.

If a memecoin price surge then whoever is holding the coin will be benefited so its not like only one will make money and others lose but what you can say is not every memecoin will bump so finding that one memcoin is going to be the mission impossible.

[carlfebz2]

Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.

This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.

To read about 1000 to 100K journey: Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

If we do speak about memecoins then there would really be those people who would really be able to make money out of those small capital on which its true that it is really that bounded or need up some luck most of the time specially on first time launch of these coins on which there's no even site that you could be able to look for or any social media on which you could really be able to check and this is why
i would really be telling this for be a complete gamble for those people who are really that loving on dealing up with memes. It is really just that there are people whom do really love on trying out
to take their shot on engaging with those meme coins no matter how shit it would be.

We cant really be able to deny that there are a handful of lives on which these coins had changed up their lives. This is where people would really be loving on trying to mimic out with those
success move and this is why its not really that shocking that there would really be those people who would really be just that loving on trying out to test their fate
on what it would look like here on meme coin field. 

[ajiz138]

Memecoins is really high risk, high reward right now. So just be careful, anything could happen especially since we  are in the volatile part of the market right now.
Memecoins is great, I already made some profits from it but I also lost some.
What I can say is if you just hunt some meme coins, make sure to take profits because it's difficult to prediect when they will dump.

I think it's worth it = High risk - High return but keep in mind this is almost the same as gambling which is prepared mentally when experiencing a much bigger loss.

I also feel how profitable meme coins can be faster, the rest are many losses due to uncertainty in meme coins, so I stopped investing in any meme coins.

If there is an opportunity to immediately TAKE!, because what I see is that many people are too greedy in essence, when they have made a profit of 20x then they want to maximize it to 50x, the result is not achieved and the meme even goes down, finally they continue to hold it hoping to go up in reality it will still go down and not go up again.

[Marvelman]

Crypto investment isn't some fairy tale wherein one will invest into meme coin stating it's cute or it has excitement because and if one say they invest into meme coin because it's cut or fun then they should rather buy a doll or goodies atleast it would stay with them physically.

You think so? So how do you explain all the fluffy coins that flooded the market?
https://coinmarketcap.com/view/memes/

Mate, this makes zero sense and people want to earn real quick that's why they invest into meme coins as few memecoins had crazy pump wherein the rest has been disastrous. I am not a fan of this concept and I can never agree that people invest for fun or because it's cute because only a noob can do it.

Noob? Psh!  Let's just say that high-stakes investing ain't for the newbies and the wimps.

It sure seems magical when those meme coins take off, but you're right - it's no fairy tale.  Putting money into the latest doggie coin or whatever is basically just gambling.  You might hit it big if you catch a wave at the right time, but you gotta figure most folks will end up losing everything they put in.  I'm not saying dont take risks, but I don't bet the farm on this stuff either and  if you want something more stable that'll grow over time meme coins aren't really the way to go.

[odunybiz]

Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.

This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.

To read about 1000 to 100K journey: Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

That's why I sometimes advice people to try buying some altcoin with only the money you can avoid to lose because some can come with potential to make it big in limited time. Although this should be done after some research. A beautiful logo isn't enough reason to buy a coin. The fact that he/she was lucky to make it with this coin doesn't guarantee that coin with good logo are good for profit, he/she just gambled and was lucky to make good profit from it. Good research should be done before you should buy any altcoin.

[johnsaributua]

That's right, the low price and cute images are the attraction, so I consider memecoins a worthy and unique asset to own. Solana is a pretty strong oracle defending meme coins. Same as the BSC era in the past to deliver some successful people in the era of defi shitcoin at low prices. now the hype has changed and I think solana will continue to adopt meme coins for the next few months with new types, even meme coins now often hold rewards for holders, this is progress.

I still keep solana memecoins and some shitcoins, I believe there will be an era and season with what I keep, although some I got from hunting and some bought with my own wishes. I agree that meme coins are the first impression that makes an interest and the community is also quite large.

[Bushdark]

Meme coins are basically pumped once, it's like a lottery so to speak. At any given time, one person can gain a lot from doing meme, while many people can suffer the most. As far as I know, most people lose money investing in meme coins, which is why I would advise against investing in these coins. Most people are tired of investing in meme coin and this is one of the most impatient projects where people will lose if they don't invest.

People are making crazy profits from meme coins so the hypes may never ends now. There are people who think holding meme coins would not be profitable but we just need to invest at the right time. Any projects that has the mind of their investors would always be profitable. That is the kind of projects we need to be looking for or else we might end up not making profits and not losing from the market. No matter how we see the market we should always give chance to meme coins because they can give us crazy profits.

[JeffBrad12]

Meme coins are basically pumped once, it's like a lottery so to speak. At any given time, one person can gain a lot from doing meme, while many people can suffer the most. As far as I know, most people lose money investing in meme coins, which is why I would advise against investing in these coins. Most people are tired of investing in meme coin and this is one of the most impatient projects where people will lose if they don't invest.

If a memecoin price surge then whoever is holding the coin will be benefited so its not like only one will make money and others lose but what you can say is not every memecoin will bump so finding that one memcoin is going to be the mission impossible.

I think what he meant is the fact that meme coin is a zero sum game (added with manipulation under the hood) and yes in every person that gained some money there are people that gonna buy at peak, thats just the rule and if those people that buy at peak are lucky enough to have the meme coin keep increasing later on then they gonna take profit and there gonna be someone else that buy at even higher peak then immediately it will hit highest peak and dumps, basically those that buy at the peak are the exit liquidity for those that buy earlier.
thats just how it is with meme coin in general I remember there are quite literally topic about people that buys doge coin at peak and saying that they are losing money.
undeniably such thing might also happened to any other altcoin out there, but the thing with meme coin is that there is no fundamental, no utility, that make owning these meme coin at high price absolutely useless.

[wxa7115]

I think what he meant is the fact that meme coin is a zero sum game (added with manipulation under the hood) and yes in every person that gained some money there are people that gonna buy at peak, thats just the rule and if those people that buy at peak are lucky enough to have the meme coin keep increasing later on then they gonna take profit and there gonna be someone else that buy at even higher peak then immediately it will hit highest peak and dumps, basically those that buy at the peak are the exit liquidity for those that buy earlier.
thats just how it is with meme coin in general I remember there are quite literally topic about people that buys doge coin at peak and saying that they are losing money.
undeniably such thing might also happened to any other altcoin out there, but the thing with meme coin is that there is no fundamental, no utility, that make owning these meme coin at high price absolutely useless.

And that is the fundamental problem with meme coins, anyone can make the mistake to buy an asset at its peak, however if we are talking about an asset like bitcoin then you know that even if you made a mistake with the timing of your purchase, the purchase of bitcoin by itself is not wrong and if you can wait for long enough you will obtain profits.

But this is not true with meme coins as the majority of them pump and dump just once, so anyone that bought at the top knows that most likely they will never recover the money they invested in those coins.

[mich]

Well now the meme coin Shiba Inu is close to the marketcap of Doge coin. Shibu has market cap of $20.3 Billion, Doge coin has marketcap of $25.3 Billion.
They called Shibu the Dogecoin Kille. Maybe it will pass the marketcap of first meme coin Doge.
https://crypto.news/shiba-inus-shib-market-cap-on-course-to-reach-dogecoin/

[Belarge]

That's why I sometimes advice people to try buying some altcoin with only the money you can avoid to lose because some can come with potential to make it big in limited time. Although this should be done after some research. A beautiful logo isn't enough reason to buy a coin. The fact that he/she was lucky to make it with this coin doesn't guarantee that coin with good logo are good for profit, he/she just gambled and was lucky to make good profit from it. Good research should be done before you should buy any altcoin.

You're right, we should be able to dive into crucial research about projects because finally investing without hard earn money because losses do come every single day. I'm never giving up but continue to hits harder in the system because I believe there's plans of making stupendous profits. Bagging altcoins but it should be within your own very level of the game, and don't ever surpassed your reach because as one is trying to gain massively from the market, he or she should also prepare his mind for what's coming.

[AgentFrank]

Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.

This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.

To read about 1000 to 100K journey: Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

The craziest thing I have found with these memecoins is one team have somehow got their hands on one of Americas most iconic domains and are using it for their main website plus offering @ CIA . COM emails as utility

It’s genius and pretty embarrassing for the real CIA I guess

They are calling themselves the Cats Intelligence Agency 😆

Honestly, go look at CIA.COM

Memecoins 1 - USA Government 0 lol

[Ever-young]

Meme coins are basically pumped once, it's like a lottery so to speak. At any given time, one person can gain a lot from doing meme, while many people can suffer the most. As far as I know, most people lose money investing in meme coins, which is why I would advise against investing in these coins. Most people are tired of investing in meme coin and this is one of the most impatient projects where people will lose if they don't invest.

They don’t just pump meme coins once’s although their are some just after one pumping they don’t experience another one and the those who fall victim of buying it when the price is high have to wait for eternity before they can be able to see a selling price.

But their are few meme coins like, shiba doge, floki and Pepe which have been experience once’s in a while pump at least in almost all little market push up they always don’t stay behind the trend they use the market trend to appreciate in price again.

[NNRR]

Actually meme coins is like gambling it is very difficult to tell when it will happen see how much meme coin is going up for some time it seems that it will leave all coins behind in future but we should be careful because it is how you profit  Giving can just as easily expose you to losses

[Sophokles]

Actually meme coins is like gambling it is very difficult to tell when it will happen see how much meme coin is going up for some time it seems that it will leave all coins behind in future but we should be careful because it is how you profit  Giving can just as easily expose you to losses

Its true but as the market already accepted meme project and it has already made its position with over 65B dollar worth of combine marketcap then i think it won't be wrong to say its not that risky anymore if you are investing in top meme project like doge, shiba inu, pepe. Though i don't like to invest in meme project and believe that all of them will eventually die in the long run but this is true for most of the altcoin as well. So calculative risk in the meme project can bring some decent profit.

[tengui]

I knew about this meme coin before because it was hype and then the hype went away, and the news about this meme coin has risen again because this meme coin will be listed on Binance. However I was wrong because the hype for this meme coin did not disappear but instead increased and caused the price of this meme coin to rise drastically. I read an article that someone was selling WIF for 5 SOL and if he sold it at this time the price could be hundreds of USD.