Investing in meme coins is worthy or not?

[Hispo]

These projects pop up like moles all day long.  Memecoins will never have a long existence.  If they are a joke who will ever take them seriously enough to invest into long term.  Most of these things are holding onto the 2020 and 2021 memecoin run and trying to get Rick off it.  I'd steer as far away as possible.

To be honest with you, I have never understood how there are so many development teams out there in the world who would spend their time and effort to legitimately try to push forward meme coin projects without having ulterior motives. My personal theory is there are a handful of teams of scammers how live in countries like India, Pakistan or Russia (where they are very unlikely to get held into account) and from there they basically start ICOs as often as possible, open discord servers, hire people to promote their project, so they can catch as much Bitcoin/Ethereum/BNB as possible before dumping it all and then move onto their next scam, which follows the same steps of the previous ones.

It takes much care and luck to get involved with an actually memecoin which is not a seasoned scheme to take one's money a run away. Do you remember the Squid Game memecoin, by the way? It was a memecoin which was supposed to be bought, but there was not way for it to be sold. 

[1714711953]

1714711953

[1714711953]

1714711953

[icalical]

Some people might disagree with me, but in my humble opinion buying meme coin is more like gambling than investment. Compared to other altcoins that has utility and solve real problems. Meme coin doesn't have any of that, they only rely on their communities loyalty, not to mention that most (if not all) of meme coin is centralized so to be used as cryptocurrency it still far worse compared to Bitcoin. If I am not mistaken I have read that some memecoin eventually applied some utility onto them, but as far as meme coin doesn't offer any advantages compared to other cryptos I wouldn't think investing in it is worthy.

[arjunmujay]

Some people might disagree with me, but in my humble opinion buying meme coin is more like gambling than investment. Compared to other altcoins that has utility and solve real problems. Meme coin doesn't have any of that, they only rely on their communities loyalty, not to mention that most (if not all) of meme coin is centralized so to be used as cryptocurrency it still far worse compared to Bitcoin. If I am not mistaken I have read that some memecoin eventually applied some utility onto them, but as far as meme coin doesn't offer any advantages compared to other cryptos I wouldn't think investing in it is worthy.

I am one person who agrees with you. meme coin itself was created for fun and is not worth investing in. especially seeing the huge fluctuations.
from one meme coin can pump up to 100x or 1000x in one day. when the hype is over, the price will plunge freely. sometimes until it loses value. it's the same as gambling.

[radjie]

With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

A lot of meme coins have been popping up lately, some have been able to make a profit, some have lost a lot of money because the project didn't last long and only benefited the management.  But it all depends on the potential of the coin itself.  It is still said that it is worth investing in Meme coins and of course you have to choose the right coin and you have to be able to take advantage of the price movement situation. When you feel you have made a profit, it is better to immediately take advantage of the situation.

[Bureau]

A lot of meme coins have been popping up lately, some have been able to make a profit, some have lost a lot of money because the project didn't last long and only benefited the management.  But it all depends on the potential of the coin itself.  It is still said that it is worth investing in Meme coins and of course you have to choose the right coin and you have to be able to take advantage of the price movement situation. When you feel you have made a profit, it is better to immediately take advantage of the situation.

Those who are early investors they are only making money by investing in meme coins. For example, those early investors who invested in Shiba INU made a good profit in 2021 and then people started taking positions in the hype some of them were able to make some profit but a large section is still stuck. They are all waiting for the next bull run and hoping that this time it goes up to $1. There have been a lot of discussions around meme coins in the forum and the result of those discussions is to avoid them in later stages.

[Silberman]

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

The number of coins released each day makes it impossible for us to keep track of all of them, so you most likely know more about that coin than what we do, and if you want to invest in that coin as you think it is a good coin then do it, but make sure that you do not invest all your money in it, invest a small amount and if things go well you will make some profits, but if things go wrong then your losses are not going to be that bad and you can recover everything you lost by just investing in bitcoin.

[VFalcon]

I think if you're just dabbling, you can try and try your luck, I do that sometimes. But as for me it's better to use not your personal money but the money you win or get on giveaway, Fairspin is just now holding tournaments and giveaways, so it's worth a try

[MIner1448]

Investing in new projects always involves risk, especially when it comes to meme projects and new teams. Although Kikswap launched successfully and performed well, each project is unique and past success does not guarantee future success. It is important to do your own research, study the team, technology and project roadmap, and assess the risks.
Meme cryptocurrency projects are often subject to volatility and depend on community interest. The hype will pass or the surge in news will be forgotten about this coin, it is important to exit the deal in time when it starts.

[Essential10]

I've noticed meme coins often have little to no real value and are heavily influenced by market speculation and hype. I am interested in investing in cryptocurrencies that are trusted and have a strong team behind them. I'm looking for coins with a clear roadmap, a strong community and a transparent and trusted development team where the points don't fall into the characteristics of meme coins. I think it's better to explore stable investment options than to be uncomfortable with the unpredictability and rapid price swings associated with meme coins.

[Supianto]

I've noticed meme coins often have little to no real value and are heavily influenced by market speculation and hype. I am interested in investing in cryptocurrencies that are trusted and have a strong team behind them. I'm looking for coins with a clear roadmap, a strong community and a transparent and trusted development team where the points don't fall into the characteristics of meme coins. I think it's better to explore stable investment options than to be uncomfortable with the unpredictability and rapid price swings associated with meme coins.

Well, it was always the case with memecoins, they don't have any real value besides hype and, you guessed it, memes. But most memecoins after DOGE don't really care about memes and are just trying to get hype and money, at least I see it like that. I avoid this market because of that.

[Tipstar]

Cryptocurrencies itself are a risky investment and meme coins takes that to a next level. Meme coins are more closer to the ponzi scheme rather than anything I call Investment.
If you discovered a decent memecoin/ponzi and put some money early and provided that the project be able to bring in large number of new money, you'll going to have a good profit. The profit can be x100ish within days. But if they never took off or were already high enough when you bought it, you are going to have a loss. If you are going to try them, I'd recommend not to buy any new memecoin more than worth $100 and buy only those which have a good looking website and a responsive community. There are 100s of them everyday.

[Miles2006]

What's really your plan towards the investment and it seems you have full faith like you're talking with confidence, with what everyone is saying and repeating same thing makes no sense, my view on meme coins doesn't fit with what you're saying, I have never seen anyone with profit investing in meme coin and it's very risky for long term investment and the worst part is if you don't make your own research you might invest in a ponzi scheme with the mindset of making profit, investing in meme coins is 50/50 cause any decision you make now to invest or not you will see the end result. I'm not discouraging you cause some meme coins has potential so is left for you to choose the right one and be smart when investing

[ultrloa]

I've noticed meme coins often have little to no real value and are heavily influenced by market speculation and hype. I am interested in investing in cryptocurrencies that are trusted and have a strong team behind them. I'm looking for coins with a clear roadmap, a strong community and a transparent and trusted development team where the points don't fall into the characteristics of meme coins. I think it's better to explore stable investment options than to be uncomfortable with the unpredictability and rapid price swings associated with meme coins.

Well, it was always the case with memecoins, they don't have any real value besides hype and, you guessed it, memes. But most memecoins after DOGE don't really care about memes and are just trying to get hype and money, at least I see it like that. I avoid this market because of that.

They only exist just because of hype and there are lot of token creators just take advantage on peoples greed that's why for newbies this is not good investment choice for them if they want to invest on crypto since from that tokens the more faster could lose their money its because the dev is already rugged and  there's huge risk for them to lose their money if they insist and believe on those devs promises.

For newbies better they avoid those tokens and practice their skills on top coins since they have more better chances to learn there but as well the risk to lose their money is so low since even if the price of the coin they bought dump there's still a chance for them to earn it back.

[Y3shot]

What you need to understand about meme coin is that they are not good for hodling, it is something you need to be careful of when dealing with it. Only invest what you can afford  because mist of the meme coin in the market are not profitable, and before you invest you need to make research about the project to be sure if you are investing you are investing your money on the right project. Many  meme coin are considered to be shit coins.

[yazher]

I think if you're just dabbling, you can try and try your luck, I do that sometimes. But as for me it's better to use not your personal money but the money you win or get on giveaway, Fairspin is just now holding tournaments and giveaways, so it's worth a try

It's not that expensive like any other altcoins because meme coins are always started at lower prices and sometimes if you are lucky enough to land those meme coins that have some real working roadmaps and their developers are following well and they also show good results with their updates, then you don't need to spend too much on it just be moderate and low risk with your investment in meme coins and surely you won't gonna regret it if didn't go well but if you hit the jackpot, then you will gonna earning decent amount of money from that without a doubt.

[AnonBitCoiner]

Meme coins are not all trusted and if it is new then the risk is something higher so I don't think that such meme coin can give you profit quickly. There are few meme coins which show good outcomes and because of these the meme coin gain much satisfaction in crypto world but who have knowledge that all memes will give you earning opportunity in better way same as that of Shiba inu.

There are lots of meme coins arises but many of them goes up but when people choose to hold it then it loss its value and again reach to lower value which means that we cannot easily trust meme coins but if you have searched about this meme coin deeply then I think your should make your own choice because we can just give you suggestions. Instead of wasting time on meme you can easily invest in top coins and you will not have to search about them deeply and will easily get profit from them.

[Sayeds56]

I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not?

I empathize with you and  completely understand your concerns about new projects, as I also got burnt many times during the bull cycle of 2017 when numerous ICOs were launched on Ethereum network, only to vanish overtime, resulting losses to many new investor in crypto landscape. To this day, I am holding those in my wallet with zero value.

I would suggest you to make extensive research before making investment in meme coins as they are considered highly risky as most of them are not backed by any real life use case. DYOR

[|MINER|]

I don't believe in meme coin.  Its price is increasing and after some time it is decreasing.  It has no sustainability.  Shiba Inu can be invested but only for a short period of time. It should be withdrawn if there is little profit.  I don't believe in what you are talking about but you can invest if you want.  But the risk is entirely your own.  Because there is no hope.  It can pump and dump.

[moneystery]

worth it or not depends on how the meme token is developed and who is behind it, but usually the meme token does not have a good tokenomic and relies on speculative so it is difficult to say whether investing in the meme token is worth it or not. especially for this dingdang token meme, i haven't heard much about it and what its potential is in the future. i think this meme token is not that great and just like other meme tokens it was just launched without any clear development and relies heavily on speculation. if you are sure you want to invest in meme tokens like this, go ahead, but it is quite risky.

[VanKushFamily.com]

"Worth it"?

I would say with DOGE, no, DOGE was made and the way it Worked is that there was a Thread here on this Website, it was New and Novel, and it was HILARIOUS. "Very Money", "Much Wow". But it was made with like 50,000 Coins in each Block, it was made as a Hyper Inflationary not even a HYIP, just Hyper Inflation. And it Worked at First here, and could continue Working, because People want to get into the Cryptocurrency Market and don't have any way to get any. When the DOGE Coin Thread Started You could say "Everyone that Posts their Wallet will get Coins" it was kind of the First Airdrop. Everyone could put their Wallet and someone would put 50,000 DOGE in there or something. It is't Slow Like Bitcoin so there are More Blocks, and the Blocks have more Coins in each one. Now, DOGE can be used for Transactions, Bitcoin has Network Fees that DOGE does not, you can Send DOGE over a 30 Minute Period of Buying, getting it to the Person You are sending it to, and it should be the same Price and will get to them without You having to Pay Much Fees.

Now, if we look at Shibu Inu, we can see that it is an Improvement on DOGE, that the Coin is Deflationary, and that it has Wild Swings in Prices. It's the same Thing, Really if you want to invest in Shibu Inu don't do too much, unless you are going to make a Clone of it for Your Town, or You are going to be equally involved in the Shibu Inu Community as if You were Trying to make a Coin for Your Town. What we can see is that if You look at the Market, Through Coin Market Cap, look at the High and the Low for the Day, it's like 0.0000012456 v. 0.0000023456 or even Smaller Differences. But You look at that Difference for the Day, for the Week, for the Month, for the Year, and you want to Download an App Called 3Commas. On 3Commas You can set a Bot that will Buy at Certain Prices and Sell at Certain Prices, so You can Automate all of this, and just Change up the Prices Week to Week so Your 3Commas Bot is still Operational with the Week's Prices. And You can make 20% Profit Every Day, maybe more maybe less. And what Happens is that You Set a "Stop" Order or something where You Lowball Yourself and Set up a Price so if the Price Drops too too Low, then You Sell Yours and take Yourself Out of the Market. That would be if it Fell below the Month or Year Low, that would be the Low Price You would set up. And You Might Lose some Money, that's why they Call this Gambling, and those Auto Sells are what Kills Prices, Everyone has Autosell Oders like that, and then the Coin gets Sold to Death just because the Price Dropped, so it becomes part of a 1-2 Punch.

A lot of the other Meme Coins are Probably the NFT Market now, and maybe it is Ok to Invest, but see it like a Game, if you want to Spend $5,000 on an Animal to Breed, think about Buying some Dogs, Cats, Lizards, or something First. And go to Pet/Animal/Nature/Market Conventions or Start a Pet Shop. Then, Play the NFT Games as Games.