Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now

[Abiky]

You know you can make your topic and it will be convincing without those first two words in your? Bitcoin can’t be forgotten. Despite the fact it isn’t doing 5x like most altcoins, it is the king. No too much number of tokens and the price is unattainable by any altcoin.

Also, Dogecoin didn’t lose its position as king of memecoins. It still is at the top. Saying “king” doesn’t mean that they are evaluated based on price. Dogecoin started all of what we’re seeing today and yet it’s even a safer memecoin to invest in.

I think what the OP means is that we should forget about Bitcoin when "meme" coins provide greater returns in your investment. At least in the short-term. This is by no means indicative that BTC will lose its position as the "King of Crypto". After all, no other cryptocurrency can outmatch the level of security and reliability of Bitcoin. Not to mention, BTC has a limited supply and deflationary mechanism.

Most of the "meme" coins you see now, will cease to exist in the future. Only Dogecoin will remain because it's the oldest "meme" coin ever created. With a large community following, it will last a lifetime. Besides, the good-old DOGE has Elon Musk's endorsement. Once X integrates DOGE for micropayments, adoption/demand for the "meme" coin will skyrocket. Just diversify your investment to reduce risks of loss as much as possible. Who knows what will happen in the future?

[wheelz1200]

It's not surprising that Meme Coin provides big profits. Because the price is cheap, the price can rise high in a short period of time. However, the thing to remember is that this also applies vice versa. Apart from that, people invest in meme coins because they take advantage of the fluctuations that occur, and the coins may not develop and become a scam. There are many things to consider if you want to focus on investing in meme coins. I suggest using the minimum funds.

Minimum funds for sure.  Playing the memcoin game can wipe ypu out an an instant.  I don't get why everyone thinks just buy memecoins and then boom instant profit.  It's actually pretty much the opposite.  Only one in the thousands will let you hit big.  Those stories come out and everyone thinks their memecoin bag is just around the corner to do the same. 

[bSpend]

Well, I have always been an advocate of bitcoin, but right now, I have to agree that some Altcoin, specially meme coins, seems to be doing more numbers in terms of growth percentage when compared to that of bitcoin, but this is not to say that this meme coins will in any way survive if anything happens and bitcoin goes significantly down in price, memecoins, as well as the entire crypto currency Altcoin market will greatly go down as well.

So, regardless of how any Altcoin perform, credit must always be given to bitcoin, even though we all still have the liberty of putting or investing our money where we think will bring us more profit, but then, we must always understand the risk that comes with investing in meme coins, and altcoins in general.

[Wildwest]

PEPE coin investors had extraordinary luck a few months ago. Those who bought it at a cheap price had fantastic profits. This year there has been a lot of focus on meme coins so we forgot about bitcoin which reached a new ATH, remember that every investment in meme tokens does not always make a profit but has a greater risk than investing in bitcoin and ALT.

[Tipstar]

PEPE coin investors had extraordinary luck a few months ago. Those who bought it at a cheap price had fantastic profits. This year there has been a lot of focus on meme coins so we forgot about bitcoin which reached a new ATH, remember that every investment in meme tokens does not always make a profit but has a greater risk than investing in bitcoin and ALT.

I too was one of the investors that bought PEPE at around $0.00001, I knew it is going to be a huge coin soon as there were too much accumulation occurring on this particular coin with its Trading volume being in top 10 among crypto while the coin itself is much lower in total market cap. I was a bit early in selling though, I sold all of it by the time it reached $0.000015, it was about a 50% profit but it went on rising to $0.000017 and currently trading a bit lower than that. The profit I earned from PEPE were invested on BOME, another meme coin that is being accumulated hugely on comparison to it's lower total marketcap. I already have a 20% profit on Bome but am planning to hold it rather longer to double it.

[strunberg]

I think what the OP means is that we should forget about Bitcoin when "meme" coins provide greater returns in your investment. At least in the short-term. This is by no means indicative that BTC will lose its position as the "King of Crypto". After all, no other cryptocurrency can outmatch the level of security and reliability of Bitcoin. Not to mention, BTC has a limited supply and deflationary mechanism.

I agree with you. OP says meme coins are big gainers bigger than Bitcoin. In fact, some meme coins can provide profits of up to 800% like PEPE in the first quarter of 2024. I was one of those who managed to get profits of up to 300% from PEPE. Bitcoin has hit a new ATH but I think Bitcoin has “only” made a maximum gain of 200% in the last year.

But what must be remembered and is very important is that meme coins will not last long. If you want to be a long term hold I think Bitcoin is still the best. If you want to get big profits, you can bet your money on meme coins.

[Cadaver20]

With so much hype about Memecoin, we think it is a top level coin than Bitcoin. But their prices are not fixed. 10x up today, 20x down tomorrow. The biggest thing is trust. We can't trust Memecoin as much as we can trust Bitcoin. One thing is that we only look at who made a profit by investing in memecoin, but we don't look at who lost how much.

[DeathAngel]

Memecoins may offer more potential profit than Bitcoin but the key word here is potential. If you buy Bitcoin you are almost guaranteed to profit if you hold for a few years. Memecoins are a murky water of scams, failures & rug pulls. Sure you can get lucky & buy the right memecoins but it can go drastically wrong for you too. It all depends on your level of risk & luck of course.

[Andrija Branislav]

ETH will not have the highest returns among all altcoins. I has bever happened in last 10 years. Every year , there is some new altcoin at number one spot. However, it is hard to spot the coin at early stage. Anyone who can find the winner at early stage can become very rich. But , personally I would stay away from such speculations. Because, there are so many options available and the probability of finding the best performer from these in initial stages to next to zero.

This is where understanding is needed and not thinking. If we enter the market just wanting to gain practical wealth is far from grilled than fire.

Just think about how long it takes to remove zeros from the supply, let's just say Doge so it's easy with the current supply of 144.48B DOGE where previously it had been burned several times. It took 9 years to reach the current price of $0.1637.

If it's another meme... Maybe the supply is higher than doge without a strong backup behind it, it's wrong to become a shitcoint. .

[albon]

Memecoins may offer more potential profit than Bitcoin but the key word here is potential. If you buy Bitcoin you are almost guaranteed to profit if you hold for a few years. Memecoins are a murky water of scams, failures & rug pulls. Sure you can get lucky & buy the right memecoins but it can go drastically wrong for you too. It all depends on your level of risk & luck of course.

Bitcoin is a secure investment. As time passes, its value increases and its scarcity decreases. Thanks to its capabilities and widespread adoption, Bitcoin can create a lot of wealth in the long term.

On the other hand, meme coins are investments without solid foundations or guarantees; everything is based on probability and luck... Most enthusiasts of this high-risk investment are just speculators or beginners dreaming of overnight wealth. They either achieve 100x returns or lose their capital due to manipulation or the project team abandoning the coin. They may also either invest in a legitimate meme coin project or be exposed to fraud to a large extent. Sniping the right meme coins is not easy, and you do not know whether this currency will continue its progress or reach zero.

[Cornia]

"Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now"

I was a bit surprised to read this title.  Comparison of Memecoins with Bitcoin. Memecoins are highly volatile and most risky investment. Memecoin, which seems to have the most potential in the crypto market today, may turn into shitcoin after two or three years. But that is unlikely to happen with Bitcoin. So I don't want to bet my luck.

[AnonBitCoiner]

With so much hype about Memecoin, we think it is a top level coin than Bitcoin. But their prices are not fixed. 10x up today, 20x down tomorrow. The biggest thing is trust. We can't trust Memecoin as much as we can trust Bitcoin. One thing is that we only look at who made a profit by investing in memecoin, but we don't look at who lost how much.

It is easy to say that meme coins are more successful than Bitcoin but when we talk about the reality then we will see that Bitcoin is a trusted coin but meme coins cannot be trusted always and sometimes we fail to get profit from meme coins due to sudden dumps that never show elevation again in future.

We can be profitable sometimes due to investment in meme coins but one thing is certain that with meme coins our money is always at risk so it can be dropped with a huge percentage if the coin is not good or if the market is not performing well.

[bitLeap]

Most of the "meme" coins you see now, will cease to exist in the future. Only Dogecoin will remain because it's the oldest "meme" coin ever created. With a large community following, it will last a lifetime. Besides, the good-old DOGE has Elon Musk's endorsement. Once X integrates DOGE for micropayments, adoption/demand for the "meme" coin will skyrocket. Just diversify your investment to reduce risks of loss as much as possible. Who knows what will happen in the future?

Every time after the halving we will look again at altseason and memeseason, whether you like it or not memecoin will also get an abundance of liquidity from people who have made a profit from the halving. Many memecoin developers also basically have large assets in Bitcoin and when they have made a lot of profit they will automatically transfer some of the profits to the project they built, be it altcoin or memecoin, which will definitely be a little different this year. I won't deny that certain periods of memecoin have their share in the market but with the caveat that memecoin is a meme, not for the long term, we just need to gamble a little and try to ensure this memecoin trend has the right momentum.

[Mate2237]

Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now

Investing in cryptocurrency is a choice and not a mandatory business do you don't have to force people to leave their interest of investment follow your interest. I am not insulting anyone hear but if anyone who is a bitcoin investor leave bitcoin then invest in Pepe coin and the ones you mentioned then that person is blind because there is no way those coins make profit or gain more than bitcoin. Bitcoin is very good for short term investment and long term investment but there are memecoins thY are only good in short term investment.

I will not advise anyone to forget bitcoin for any other memecoins or altcoins.

[electronicash]

SHIB still is up and maintains its position on top.  this is like the rise of memecoins actually and most probably that MAGA token that just took off up to 47.95% this week is likely going to the top 100 in a few weeks. this bull run is just going to ruin the investors who choose to be serious in picking the tokens that have desirable roadmap and usecase.

looks like the memecoins are really going to advance as the election is approaching.

[LastKiss]

~snip~

The big question is: which memecoin will perform best going forward this year? Could we see Dogecoin reclaim its former glory as the king of memecoins? Or will newcomers like Pepe, FLOKI, WIF and Bonk continue to steal the spotlight? I'll like to hear your views...

We will see a lot of influencers that promoting memecoin in this bull run because lots of people will only become exit liquidity to those who understand how to play it, as long as we don't forget to take profit it will be fine, as long as we know the risk you can go ahead to invest your money in memecoin. Memecoin is really tempting when we saw the profit in this bull run, but there are always lots of risk behind it, and we should prepare if something bad happen.

[Bureau]

All three have been impressive in the short bull run that happened at the beginning of this year. All three have been steadily pumping once again for a month now. I don't understand what was the reason behind thier pump but if you look at other utility coins and compare them with Pepe, Floki and Bonk then you will see these three meme coin geneating more returns still than others.

[oktana]

You know you can make your topic and it will be convincing without those first two words in your? Bitcoin can’t be forgotten. Despite the fact it isn’t doing 5x like most altcoins, it is the king. No too much number of tokens and the price is unattainable by any altcoin.

Also, Dogecoin didn’t lose its position as king of memecoins. It still is at the top. Saying “king” doesn’t mean that they are evaluated based on price. Dogecoin started all of what we’re seeing today and yet it’s even a safer memecoin to invest in.

I agree with you. If anyone exchanges Bitcoin for meme coins I think it is a big mistake. Bitcoin is the king of cryptocurrencies and it hasn't been replaced in years. While meme coins like Pepe, Floki and Bonk that the OP mentioned I'm sure they won't have the same value as Bitcoin if they have been around for years. Meme coins usually last about 180 days and after that they are mostly dead coins. Only dogecoin so far is still alive and still has enough market activity to move the price.

I am not saying it’s a big mistake or not. I was only emphasizing on how Bitcoin matters. It’s his choice what to invest in, and I usually suggest one to invest where their mind is. A place where they can be confident because they believe they can make money because they see the potential in whatever project it happens to be.

[GideonGono]

The real question for those big gainers is how long would they survive?
They might be performing well right now and gaining more than Bitcoin, but could they survive when they fall down? could they bounce back like Bitcoin?

[SATWAT]

The real question for those big gainers is how long would they survive?
They might be performing well right now and gaining more than Bitcoin, but could they survive when they fall down? could they bounce back like Bitcoin?

This is billion-dollar question which is missing by the all those are consistently backing these meme coins for the temporary win with they have nothing about future which could be gone into dark age with having no chance of return into normal life because this is surely having no community and worth like Bitcoin.
We all know how things are working into this meme coins world with just few days of profit and happiness then we are having too many peoples are crying about their investments and loses which they face after investing into these meme coins which are now having no future and no return of their investments.