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Author Topic: Craze for Meme coins never ends?  (Read 654 times)
Dr.Osh
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March 10, 2024, 11:50:39 AM
 #101

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.
Well, that's why the risk of memecoin is very big. However, because the price is easy, and the increase can be very high, it makes people enthusiastic about buying memecoins. I also intended to buy memecoin several times using not that much money. However, this intention was always canceled due to necessity.
However, as long as memecoin still provides profits, many people will invest. In fact, recently PEPE rose so high. People who invested when prices were low must have made a profit by now.

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March 10, 2024, 11:55:55 AM
 #102

All that meme coins are pure cancer as for me but looks like it's attracting a lot of people to the industry that may be useful
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March 10, 2024, 07:34:44 PM
 #103

When it comes to percentages meme coins will always come forward more than any other altcoins.Out of all my investments Doge coin has given me more profit than anyone else so the craze for them is not coming to an end soon.

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March 11, 2024, 08:49:42 AM
 #104

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
A meme coin can't leave any coin behind. Based on their total and circulating supplies, one shouldn't have a long-term vision for them because they won't be able to survive for very long. Even if they do, they wouldn't be able to maintain their value or keep increasing in value over time since they are boosted by hype and there can't be hype for a single project for so many years if it doesn't provide any utility.

Meme coins are a part of a trend that will eventually fade away, so we shouldn't expect long term stability or returns from them but instead we should make small investments in them for short-term gains and be happy with whatever we manage to get from them.

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March 14, 2024, 07:24:50 AM
 #105

Well yesterday Elon Musk did say that his company Telsa will support Doge payments in the future. There has been some rumors about that past years but now he did say it to a group of people at a event.
But all he did say is 'at some point'. He did not say when that would happen. But I do think Meme coins will still be popular if people like Elon Musk talk about it.
https://www.tradingview.com/news/cointelegraph:9779d7f63094b:0-elon-musk-dogecoin-will-be-used-to-buy-teslas-at-some-point/

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March 14, 2024, 07:40:30 AM
 #106

Well yesterday Elon Musk did say that his company Telsa will support Doge payments in the future. There has been some rumors about that past years but now he did say it to a group of people at a event.
But all he did say is 'at some point'. He did not say when that would happen. But I do think Meme coins will still be popular if people like Elon Musk talk about it.
https://www.tradingview.com/news/cointelegraph:9779d7f63094b:0-elon-musk-dogecoin-will-be-used-to-buy-teslas-at-some-point/

one more thing and about SpaceX's 'Doge-1' Moon Mission which at the end of 2023 is very hyped, well will this year be realized as planned because previously it was postponed by the launch provider Intuitive Machines, SpaceX,

Yes. It is true that people like Elon Musk always attract attention and it is natural that people are waiting for some of his tweets on several social media platforms, especially about the Doge coin which we see is still growing very well and the coin will become increasingly popular now.

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March 14, 2024, 08:18:45 AM
 #107

I think that most people realize that most of the crypto market is nothing more that a big gamble. In that sense, you don't need to pretend you are looking for some meaningful projects, but rather go for the silliest ones, the meme coings, and enjoy the crazy ride.  Grin
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March 14, 2024, 12:54:05 PM
 #108

When it comes to percentages meme coins will always come forward more than any other altcoins.Out of all my investments Doge coin has given me more profit than anyone else so the craze for them is not coming to an end soon.
All coins have started pumping more or less as the price of Bitcoin increased at the beginning of the year. Top coins like Ethereum, BNB, Solana have seen a lot of growth from what they were at the end of last year. I think these are the times when investing in meme coins is the most risky. Meme coin always has high profit, which coin to invest in?  Choosing the right one is the most difficult task, even if the coin position looks good at first, it turns out to be a scam later. I didn't invest in the meme coin that created the hype, I'm not that interested. I mainly invest in Bitcoin and Ether, focus on those two but I have an eye on BNB and Solana, hoping both coins will perform well in the upcoming bull run.

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March 14, 2024, 01:34:28 PM
 #109

I was in PEPE but got out too early.

Now I see PENG having the potential to perform really well, and I got in.

In 2 days it went from 0.25 USDT to 1.20 USDT as we speak.

Can it be the next meme star?
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