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Author Topic: The Surge in Meme Coins  (Read 673 times)
Mate2237
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January 19, 2024, 08:52:21 PM
 #21

Yes recently Dogecoin is making wave in the cryptocurrency ecosystem space and it is doing well in the market. And as you said even though the coin is doing well there need to make some research on it so that you make your plan very to invest in it. There is no altcoins that is risk free but there are some that you can trust and make good investment from them Dogecoin is one of them and Litecoin as well.

Most of the meme coins have surge to the high level and people are investing in them to see what will happen in the next bull market.

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January 19, 2024, 09:09:19 PM
 #22

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?
This is a seasonal token where you can make a lot of profit, the risk there but it can be rewarding as well.
Once you are able to catch a good meme token at first and that token pumps 100% then that can be a good profit to you. Some succeed on this while many trap on this, so its a matter of timing when you are going to deal with the meme token and make sure that you can handle it or else you can lose everything.
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January 19, 2024, 09:09:58 PM
 #23

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?

I don’t really fancy meme coins a lot because of how volatile they can be in the short possible time they exist in the market. It is true that people become rich overnight through their investments in meme coins but if you miss out on the entry point when it is still at its lowest, you won’t get the chance to benefit from it in the long run again. When investing in meme coin, it is necessary to know your entry point, check how it has performed in the market in the past. You can also tell if it has any more potential to grow again or now. Most of the meme coins you’ve mentioned have already had a full blown bull and may only experience a little even if it will add to this when the bitcoin bull run season approaches.











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January 19, 2024, 09:22:27 PM
 #24

This is a seasonal token where you can make a lot of profit, the risk there but it can be rewarding as well.
Once you are able to catch a good meme token at first and that token pumps 100% then that can be a good profit to you. Some succeed on this while many trap on this, so its a matter of timing when you are going to deal with the meme token and make sure that you can handle it or else you can lose everything.

The move to invest in meme tokens for me is a very risky one as you have no idea if the dev team behind it will play a trap to its buyers.
Most of the time, they are creating such project just to siphon the funds from naive investors.
And once they got a hold of some of these funds, they will be missing in action and disappear without a trace.
This is the dilemma in most short-lived projects, they are only for short-term gains and don't care if they screw somebody else's hard-earned money or savings.
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January 19, 2024, 09:49:21 PM
 #25

Actually for the memecoin problem I don't think we should be too bothered with what we call research because in the end the situation remains the same where we will only be able to succeed if we happen to be in a project that will be pumped.

The old projects on memecoin are not as active as before so now the focus may be on a new project and of course some names like Bonk which some time ago the hype was even very destructive because apart from those who benefit on the other hand there are also those who are and lose being there.
But that is the risk when indeed when talking about shitcoin projects like this, the biggest risk is loss if we do not know the approach taken and only buy when the hype is already underway.

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January 19, 2024, 09:59:28 PM
 #26

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?
This frenzy comes as soon as the meme coin becomes a trend and achieves the necessary hype through interest and significant adoption, and after attracting the interest of investors and whales and being highlighted by the media and news. Each meme coin that you mentioned had a time of special hype and popularity, including the Pepe coin. It's worth noting that new meme coins appear over time, and the old meme coins remain marginalized and inactive due to their lack of enthusiasts.

People want to catch the big wave, and this is true, in the hope of achieving significant gains and being among the first investors to buy large quantities of the currency at opportune prices. However, there are those who fall into scam coins, invest randomly, or may be tempted by their greed to invest huge amounts of money in these shitcoins. Indeed, investing in meme coins, in my opinion, is a game of chance, and only a few investors may succeed in the end or choose promising meme coins wisely.

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January 19, 2024, 10:39:58 PM
 #27

Yes recently Dogecoin is making wave in the cryptocurrency ecosystem space and it is doing well in the market. And as you said even though the coin is doing well there need to make some research on it so that you make your plan very to invest in it. There is no altcoins that is risk free but there are some that you can trust and make good investment from them Dogecoin is one of them and Litecoin as well.

Most of the meme coins have surge to the high level and people are investing in them to see what will happen in the next bull market.
Who's ready for the next bull run? Ofcourse I'm ready and will take in anything yo fit my style in the system. We have memecoins that have driven to become more better than we could possibly think of. Dogecoin is mainly one of the popular memecoins that have done quite good bull runs. It's step by step to our achieve our goals, we don't underestimate our plans of succeeding without making proper planning in the system. Memecoins are the top trends in the market and we can only survived the system if we follow the winning team and not beckon some sole predicted projects aimed by top whales in the system.

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January 19, 2024, 10:52:26 PM
 #28

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.
Remember when the first time memecoins was so popular? It was because someones tweet in twitter and suddenly the price was rising really crazy like not other days. And then community just taking the advantages to maximize the potential of these memecoins hype by making more new memecoins starts from SHIB and so on until today. There are already lot of memecoins out there.

People are jumping on the meme coin bandwagon, hoping to catch the next big wave.
It's been like this since the start. People will follow any viral and hype stuff because they think they can follow that and have the same result like the others. Yet they are disappointed with the result because they just blindly follow them without doing any research and even they didn't know what the hell they are doing from what I am looking in my place.

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January 19, 2024, 11:13:24 PM
 #29

What is this?

You are spamming or just making a mistake when posting, please pay attention if you don't want to be flag.

Quote


Coming back to the memecoin issue, let's be realistic that the few that get the big hype and attract people's fomo, and the risk of getting bigger isn't always worth the risk. I assume it's like gambling and is less about luck and actually more about the risk of losing money, when the memecoin space has so many crappy options. Sometimes some people talk about their strategy, ok fine let's send that good thing to their family to enjoy.


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January 19, 2024, 11:59:35 PM
 #30

Yes, they are supported by the strong power of social media, which is so broad that it has become a favorite of many people on social media with its wide reach, giving rise to a positive impact on coin memes which show a sustainable trend. But be careful with new meme coins that resemble trending meme coins, fraudsters can often take advantage of the situation to get your money

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January 20, 2024, 12:49:47 AM
 #31

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.

There is no such thing as "cannot afford to buy bitcoin" but can afford to buy memecoins and altcoins in general. Bitcoin is very divisible. The only instance where a person "cannot afford to buy bitcoin" is if you literally living paycheck to paycheck.

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January 20, 2024, 01:14:48 AM
 #32

~
The meme coins have always been wild. It has always attracted customers in a fomo like way and immediately dies after like a couple of weeks, maybe even days. If that isn't wild, then idk what is. A lot of opportunistic people take this as a time to attack late investors buy artificially inflating the market which attracts said late investors. And while I understand why some people still invest even if the coin is like already 50% up, it's dumb since any meme coin that has a gain like that will always drop sharply so expecting any gains from it is pretty obvious.

I know people want big profits buy they should be prepared for big losses at the same time. I prefer relatively stable investments in comparison though. I think I only tried Shiba  or Doge once or twice before?

 
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arjunmujay
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January 20, 2024, 01:39:28 AM
 #33

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The meme coins have always been wild. It has always attracted customers in a fomo like way and immediately dies after like a couple of weeks, maybe even days. If that isn't wild, then idk what is. A lot of opportunistic people take this as a time to attack late investors buy artificially inflating the market which attracts said late investors. And while I understand why some people still invest even if the coin is like already 50% up, it's dumb since any meme coin that has a gain like that will always drop sharply so expecting any gains from it is pretty obvious.

I know people want big profits buy they should be prepared for big losses at the same time. I prefer relatively stable investments in comparison though. I think I only tried Shiba  or Doge once or twice before?
a lot of people benefit from this meme coin. and indeed the meme coin craze can really make someone rich quickly. but it is worth the risk if this coin has not shown significant activity. it could even be a loss because it is stuck at too high a price.
that's why I prefer to play on altcoins that are more stable. even though it doesn't promise high profits, it's enough because it's not too risky like memecoin.

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January 20, 2024, 08:01:37 AM
Last edit: January 20, 2024, 11:59:05 PM by johnsaributua
 #34

Yes that's right sir, important people in the past have pointed out that meme coins are worth buying because their potential is better than shitcoin in certain oracles in the past, memecoins today are still given a good market share until new ones appear with good sales such as memecoins discussed above, meme coins are also founders and tokenomics are not all anonymous and that's a good effort. Maybe a few people are buying memecoin today because they are hesitant at such a low price that they have forgotten the potential of meme coins in the past such as doge and shibb.

People who are already left behind with these conditions choose to queue in the cex market at a price that is probably X10 from the first meme coin being introduced, I don't think it's too allergic if you might want to try 1-5$ and I think that's enough buying steps for trial rather than regretting when meme coins start to be trusted and there are crowded queues. for me treating memecoin like tading in general is very appropriate because if it is called gambling only meme coins make sense, rather than betting without technical basis.


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January 20, 2024, 09:36:50 AM
 #35

A good project does not take time to gain popularity and it is not a problem even if it is a meme coin. People get huge profits from a best memecoin which is why they rush to buy meme coin. Not only meme coin but your investment needs to be more researched if you want to be the best. For a project to gain popularity there must be a lot of competition because there are a lot of tokens in the crypto market, so the development of the project must be at the highest level.

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January 20, 2024, 10:06:11 AM
 #36

I have stop indulging into mem coins long time ago because the biggest challenge here is choosing the right coin, we only see Doge, Shib, Safemoon or bonk but we don't see the number of similar projects which couldn't make it big. I am not trying to potray a negative image but I always think why to risk our investments into meme coins which can make us poor anytime if they dump, rather why not choose some projects based on the services it has to offer us because they have better chances of survival.

But there are some risk takers for them meme coin would be perfect but once again I am stressing the part of selecting the right coin.

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January 20, 2024, 11:26:40 AM
 #37

Well memecoins are products of memes which are very trendy and are usually followed or backed up by a community from where that meme originated from so it is not a surprise that a lot of people even those who are not even that familiar with cryptocurrencies invest their money in memecoins just for the sake of it

Those who are well knowledgeable about cryptocurrencies take this to their advantage and try to make profit

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January 20, 2024, 11:40:34 AM
 #38

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.
Thank you very much for your observation and contribution .. I’m not to familiar with navigating yet..: but I’d see to it
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January 20, 2024, 11:42:01 AM
 #39

Meme coins are the new elaborate ponzi. I don't mean to say all of them are scam but 99% of the new coins are introduced as a pump and dump coins.
I have been on memecoin communities and follow them actively. The developers there boast about how high they made their last coin pump and how high they expect to earn from their next coin coming next week.
Meme coins specially the new ones are pure gamble, and if you want to invest long term, you should avoid new memecoins and rather focus on coins that may have an utility and use case in the future.

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January 20, 2024, 11:49:01 AM
 #40

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.

There is no such thing as "cannot afford to buy bitcoin" but can afford to buy memecoins and altcoins in general. Bitcoin is very divisible. The only instance where a person "cannot afford to buy bitcoin" is if you literally living paycheck to paycheck.
Seconded by me….. this solely depends on the whoever wants to buy. Most people feel earning money through bitcoin is kinda slow so most people follow trend… whoever can afford meme coins can strategically and logically afford bitcoin too..
My opinion though
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