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Author Topic: The Surge in Meme Coins  (Read 609 times)
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January 19, 2024, 12:09:48 PM
 #1

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?
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January 19, 2024, 12:28:44 PM
 #2

DOGE, SHIB, and SafeMoon was yesterday's memecoins. Today, Solana memecoins became quite hot — BONK, WIF, etc.

Memecoins can be GREAT buys when at the early stages of bull markets, as they can go up in huge multiples real quick. The difficulty is in picking the right memecoin, and setting sell targets as to not roundtrip the entire position.

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January 19, 2024, 12:49:23 PM
 #3

But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

I don't think there is anything to research much about the project beyond the community support when it comes to meme coins. Everyone who throws some money into the meme coin wagon with the hope it would become the next Doge, Shiba Inu and etc but we never know until it happens so memecoins are nothing but gamble.









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January 19, 2024, 12:52:33 PM
 #4

they are great and a favorite during bull markets because that is where most of the pump and dump projects are.
so the right time to enter is before the bull and exit when the bull is about to end.
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January 19, 2024, 12:57:40 PM
 #5

I think the stories where a lot of people have managed to make money with meme coins are getting more exposure to non-meme coin investors or something. It's mostly like how they manage to get more out of it. Now that there is fast information out there, it seems like a lot of things have indeed made their way into the crypto scene. A lot of people are really asking for those "alpha" stuff to get ahead of the market. It's still best to invest in known projects and you should invest what you can afford to lose.

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January 19, 2024, 01:00:56 PM
 #6

The surge in meme coins does not mean anything if it is not reflected in the use, development, wallets and every structure of these currencies. Meme coins have increased a lot in terms of market capacity, but market capacity is not everything because it can be easily controlled by manipulating demand and exaggerated investment to promote increased supply.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.

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January 19, 2024, 01:23:40 PM
 #7

i don't see fomo like last year when most memecoins experienced a rise simultaneously, not all meme coins are like that now.
because their hype is no longer there, instead new tokens are taking over for now, such as manta, ondo, sqr, and altlayer which will be listed next week.

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January 19, 2024, 03:05:35 PM
 #8

The surge in meme coins does not mean anything if it is not reflected in the use, development, wallets and every structure of these currencies. Meme coins have increased a lot in terms of market capacity, but market capacity is not everything because it can be easily controlled by manipulating demand and exaggerated investment to promote increased supply.
Search github for the latest updates to Dogecoin, Shiba Inu, and SafeMoon wallets and services and you will realize that no development has occurred.

Bitcoin has opened the door for every crypto coins to thrive in the crypto market, as Bitcoin adoption is increasing investors sees it's reputation and profitability in bull season as a reason to invest in alternative coins, and most of them don't carry out any research before buying. So memecoins surge is expected because of the coming bull run, more people are coming into the crypto space, but they should be mindful that not all memecoins are worth putting money into, therefore they should learn how to use the golden word "research" before investing, because there are lots of scams to manipulate investors.

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January 19, 2024, 03:40:08 PM
 #9

I don't think there is anything to research much about the project beyond the community support when it comes to meme coins. Everyone who throws some money into the meme coin wagon with the hope it would become the next Doge, Shiba Inu and etc but we never know until it happens so memecoins are nothing but gamble.

It's mostly just checking some minor metrics — number of holders, social media following, number of mentions on Twitter, that stuff. That, and it'll come down to gut feel — how highly likely do you think that that certain memecoin can reach virality? The latter part is where most people get it wrong, hence why there are a lot of people that lose money on trying to guess the "next big thing(memecoin)".

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January 19, 2024, 04:11:33 PM
 #10

Dogecoin is the king of memecoins that has been in the crypto market for quite a long time and is even Elon Musk's favorite coin. How could it not soar high, Doge is always supported and idolized by great people. Doge is not just any memecoin, but Doge is the beginning of all existing memecoins including Shiba Inu which also followed in Doge's footsteps with an extraordinary increase. But the many memecoins that are appearing at the moment only take advantage of the popularity of memecoins and in the end will only be abandoned when memecoin makers make a lot of profit.

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January 19, 2024, 04:13:28 PM
 #11

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?
Doing your own research about meme coins is also risky to me because I do not actually know the basics by which one will research the meme coins. We all know that memory coins are hype driven and it is not many of the memory coins that have utility and a very good road map. All the memory coins depend on the contemporary hype in the cryptocurrency market about them. This is the reason why the meme coins of yesterday that you listed above are no longer the meme coins of today. Yesterday it was dogecoin and Elon musk and letter on Shiba inu came as a dogecoin killer. But today those hypes are gone and we are currently seeing another phase of meme coins such as the bonk and the likes of them. This is a clear example that meme coins are just like gambling and when you miss your timing to join the bandwagon, you will be swallowed by the market.

i don't see fomo like last year when most memecoins experienced a rise simultaneously, not all meme coins are like that now.
because their hype is no longer there, instead new tokens are taking over for now, such as manta, ondo, sqr, and altlayer which will be listed next week.
I do not think that they are once actually a lot of FOMO last year. The hypes and the fear of missing out was actually in 2021 and that was the season of the bull run. It is expected that in this year's body run there will be quite a lot of hype about the meme coins. This could be the right time to join the market.

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January 19, 2024, 04:46:19 PM
 #12

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

Soon or later meme tokens trend will be declined. "Everything Seems Good Until It's Not"
Same as crypto ponzi booming between 2013 to 2014, ICO madness between 2016 to 2017, NFT booming 2021 to 2022.

Early buyers will always get the advantage, remember PEPE token?
It only bring profits to the people who bought it between mid April until early May, with note: they dump it before May 7th.




And this is SafeMoon chart, oh yeah with a bonus "SafeMoon executives were arrested by DOJ in a fraud investigation" lol



Always think twice when you decide to jump into this scheme. Late is not an option, no matter how good the hype of that token.

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January 19, 2024, 05:03:53 PM
 #13

It's natural and this is the art of the market with its volatility, if all the choices were the same they wouldn't attract attention. Yes. Meme coins always make people's hands itch to sell some of their favorite assets for sale and how to participate in the meme coin frenzy to some extent and if I pay attention People are by far the most interested in shiba inu but that's just my opinion but all It also goes back to market behavior and investors' perceptions whether it will rise or be normal.

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January 19, 2024, 05:12:04 PM
 #14

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

In the altcoin market investors are always looking for new trends, and meme coin was popular in the last bull run but i don't think it will do the same kind of thing this time as well. I have seen people who are still investing in new meme project because there are still the same kind of craziness among the new investor who don't understand the technology and business model. These people still got trapped in the meme project and lost their money. The only meme project that can survive the next two cycle is doge and shiba inu. The rest of the meme project can be found in Graveyard.









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January 19, 2024, 05:31:33 PM
 #15

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

Op try to look your account and see if there's
an  duplicate topic cause in my phone I saw that this topic by you is already posted below in this thread so meaning there's a duplications of this topic and if that is proven by you then you can lock one of these thread so that only one thread is favored to reply. But anyways  for me I'll not trust me coins 100%. I know there are chances that we will get some by meme coins not all but it's hard to put our trust again.

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January 19, 2024, 05:41:44 PM
 #16


its all just fun trying out these tokens just as the pump and dump tokens in yobit longtime go. you just have to be very alert all the time before the crash or you lose the money and its no fun after that.

those investors know these are just shitcoins so if you are factoring real usecase to projects to invest, meme coins are not for you. you best just move to the coins that are serious and have no room for rug pulls.









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January 19, 2024, 06:05:01 PM
 #17

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?
To get involved in the first bull of meme coins is by luck and by determination which involves trust. Some people are doing extensive research about each project before they invest in it, while some people wait till the time the project start gaining recognition before they invest in it.
Meme coin surge usually cause FOMO among newbies, once they miss out in any of them, they will go ahead and invest in any coin they told them is a meme coin even if the coin did not have potential, as a result they fall victim of people that will lose their money to anyhow project.

It is always good to know how to do good research about any project you are investing in especially in this period of time where many people are coming up with coins just to be among developers even is the coin did not have potential.

R


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January 19, 2024, 06:16:34 PM
 #18

The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

The surge in meme coins is indeed astonishing and surprising. I believe the primary reason for this hype is the potential for quick profits within a short timeframe. Meme coins tend to grow rapidly and are relatively inexpensive, making them highly attractive for investment. However, it's crucial to be aware of the prevalence of scam projects. Differentiating a worthwhile meme project in its early stages can be challenging.
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January 19, 2024, 06:39:54 PM
 #19

In previous years buying of meme coins was more risky but now due to success of some meme coins every coin is acceptable by the crypto users but i think that not every meme coin can be worthy and have shine future therefore don't trust every meme coin as they can become a cause of your loss.

Now a days Solana is getting more attention because of huge pump in little duration but we still don't know that what will be its future because meme coins are shining once sometimes and then never shine again so we hope for the best and leave the rest on the market condition but I think if we invest little sum in meme coins then its not a big issue because meme coins also show success when Bull season comes.



 

 

 

 

 

 


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January 19, 2024, 07:18:19 PM
 #20

Meme coin, alt coin can be bought by everyone i.e. those who have less money and who cannot afford to buy bitcoin.  But those who buy it often get greedy and lose everything.  Greed should be avoided.  Before investing in these coins, one should think a lot and withdraw only if there is a small profit because there is no trust in them.  I would say it is better to save money and invest in bitcoin.  If you understand the value of money, I hope you will think before investing in this coin.


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