Does any meme coin has the ability to challenge bitcoin dominance ?

[shield132]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

You have to compare the fundamentals of Bitcoin to the fundamentals of PEPE and you'll find that there are too many reasons to stick with Bitcoin and avoid pepe. Bitcoin has strong fundamentals, it's the most popular currency with the highest marketcap, is decentralized, p2p payment solution, cryptographic, you can store it in your software and hardware wallet, basically you are the bank. Pepe is a coin that has no fundamentals and is 100% a hype-based project. People buy pepe because it's a meme coin and people love speculation with meme coins. It's a very risky coin, you have to be lucky, you risk a lot when you buy it.

[legiteum]

I've been around the tech world for a long time. I've heard this same exact form of a question many times:

1980: Does any other computer architecture have the ability to challenge the IBM mainframe?

1985: Does any other database architecture have the ability to challenge hierarchical key-based data stores*?

1990: Do Unix-derived operating systems have the ability to challenge proprietary operating systems?

1992: Do PCs have the ability to challenge terminals for dominance in the enterprise?

1995: Does the Internet have the ability to challenge internal networks for dominance?

1998: Does Google have the ability to challenge Yahoo dominance.

I could go on and on. In every one of these situations people thought these technologies would dominate FOREVER AND EVER.

I remember telling an audience in about 1997 that one day Microsoft would no longer be the dominant player computing. People almost got violent when I suggested this. The idea that Microsoft would one day not be the dominant player was absolutely unthinkable for many years--until it wasn't.

Technology changes, people. And it changes fast.

As for the current state of Bitcoin, it's important to understand that in actual reality, Bitcoin is just another meme coin, it just so happens to be the most popular one right now.

Right now.




(* That's what they used before RDBMSs/SQL for you young ones ).

[yazher]

It's just a mere coincidence and I'm sure they are not consistent with that since they only make some actions when crypto is on the headlines once again because of the upcoming bitcoin halvings. they don't want to miss out so they take some courage to do some actions to divert the investor's attention to their meme coins and this is something we need to know when they do such thing, they have their own get away plan which we won't be getting in and that's their way to dump their coins once they see the price is keep rising through new investors money, that's why you need to be a real risk taker if you want to buy those meme coins at this time around.

[thecodebear]

I've been around the tech world for a long time. I've heard this same exact form of a question many times:

1980: Does any other computer architecture have the ability to challenge the IBM mainframe?

1985: Does any other database architecture have the ability to challenge hierarchical key-based data stores*?

1990: Do Unix-derived operating systems have the ability to challenge proprietary operating systems?

1992: Do PCs have the ability to challenge terminals for dominance in the enterprise?

1995: Does the Internet have the ability to challenge internal networks for dominance?

1998: Does Google have the ability to challenge Yahoo dominance.

I could go on and on. In every one of these situations people thought these technologies would dominate FOREVER AND EVER.

I remember telling an audience in about 1997 that one day Microsoft would no longer be the dominant player computing. People almost got violent when I suggested this. The idea that Microsoft would one day not be the dominant player was absolutely unthinkable for many years--until it wasn't.

Technology changes, people. And it changes fast.

As for the current state of Bitcoin, it's important to understand that in actual reality, Bitcoin is just another meme coin, it just so happens to be the most popular one right now.

Right now.




(* That's what they used before RDBMSs/SQL for you young ones ).

Honestly that was a terrible analogy. All it says is you don't know much about Bitcoin. Really you should educate yourself on what Bitcoin is. If you think it is no different than meme coins you reallyyyyyyyyyy don't know what you're talking about. Bitcoin and meme coins are nothing at all like those examples you gave. Like seriously, learn about Bitcoin before you try to make this sort of claim.

I don't know how you got to the point where you think Bitcoin is a meme coin and there is no difference between them, but someone led you very astray. You're spitting pure misinformation in your post. This is the kind of advice that makes people lose money haha, when altcoin shills convince people to buy some random useless meme coin instead of Bitcoin, claiming that some random useless meme coin is just as good as Bitcoin lol. It's a zero knowledge argument.

[legiteum]

Honestly that was a terrible analogy. All it says is you don't know much about Bitcoin. Really you should educate yourself on what Bitcoin is. If you think it is no different than meme coins you reallyyyyyyyyyy don't know what you're talking about. Bitcoin and meme coins are nothing at all like those examples you gave. Like seriously, learn about Bitcoin before you try to make this sort of claim.

I don't know how you got to the point where you think Bitcoin is a meme coin and there is no difference between them, but someone led you very astray. You're spitting pure misinformation in your post. This is the kind of advice that makes people lose money haha, when altcoin shills convince people to buy some random useless meme coin instead of Bitcoin, claiming that some random useless meme coin is just as good as Bitcoin lol. It's a zero knowledge argument.

I know Bitcoin quite well. I know the architecture, and I know a fair bit about the implementation. I would probably be qualified to be a core dev with a little bit of ramp-up, for instance.

What, specifically, am I missing about Bitcoin such that I don't understand that, unlike every other technology that's ever existed in the history of mankind, it is so special that it will never ever be replaced by another technology? That it not staying around until say the year 3036 is an utter impossibility?

To be clear, I am not saying anything related to the market price of Bitcoin, which I personally have absolutely no knowledge of. But the market price and the technology are two completely different things, and in this case aren't even related since there are many other technically equivalent or even superior platforms that have only a fraction of Bitcoin's value. People invest in Bitcoin (as opposed to say ETH) because it's called "Bitcoin" and for no other reason.

[DooMAD]

What, specifically, am I missing about Bitcoin such that I don't understand that, unlike every other technology that's ever existed in the history of mankind, it is so special that it will never ever be replaced by another technology?

I feel as though you're placing a little too much emphasis on the 'technology' aspect.  Technology itself isn't what makes Bitcoin useful.  It's a network.  The value is largely derived from network effects.  The more users it has, the more useful it becomes.  If you made a copy of Bitcoin with the exact same technology, but a network with no users, that clearly doesn't have the same value proposition.  See: every forkcoin.


It's like asking: What will be the next network to challenge 'The Internet'?


It's not something you easily replace just because technology can move forward.  Not least because Bitcoin, like the internet, can likely adapt to incorporate advances in technology.  

[legiteum]

I feel as though you're placing a little too much emphasis on the 'technology' aspect.  Technology itself isn't what makes Bitcoin useful.  It's a network.  The value is largely derived from network effects.  The more users it has, the more useful it becomes.  If you made a copy of Bitcoin with the exact same technology, but a network with no users, that clearly doesn't have the same value proposition.  See: every forkcoin.


It's like asking: What will be the next network to challenge 'The Internet'?


It's not something you easily replace just because technology can move forward.  Not least because Bitcoin, like the internet, can likely adapt to incorporate advances in technology.  

So in that analogy, what is Ethereum? There are not thousands of competing products with the Internet, which is not a specific product but rather a concept.

Bitcoin is a very specific product with a technical infrastructure and specific data associated with it. It is one specific thing, not a general concept describing a collection of technologies like the concept, "internet" is.

I can be quite sure the concept of the Internet--computing entities being connected to one another through some kind of network--will be around in 100 years. I cannot be sure that Cisco Routers will still provide its backbone, or even if the very notion if a "backbone" would even still apply in the year 2124.

I can be pretty sure that digital currency will be what we use in the year 2124 for everyday transactions, but specifically Bitcoin--or anything else that exists today?--who knows.

[sokani]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

It is erroneous to compare Bitcoin with memecoins. Even ETH the second highest marketcap coin doesn't come close in comparison. Bitcoin is a utility coin that can be likened to a fine wine that's getting better over the years. Memecoins on the other hand are pump and dump tokens with no use cases and they'll fade away in time. A crypto enthusiast who has been around in the space for a long time will never be carried away by memecoins' hype and will stay away from them.

[Obari]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

Quick one
Have you checked the performance of those coins you mentioned ?
And have you also checked that of bitcoin?
BITCOIN remains the KING
if I’m to buy any alt coin then it should be ethereum or maybe BNB and over the time, most of these meme and shit coins are met to be pump and dump project coins and imagine you buying these coins at 200 pump price and it got to 400 just for you to wake up and it’s at nothing 🥺 that’s how shit coins work and I’m sure you wouldn’t want to take those risk.
Anyone wanting to invest should be aware of the risk and I’m sure it has its own market and there are people who are very smart with these coins but that doesn’t mean they don’t feel the heat at any slightest mistake.

[darkangel11]

What, specifically, am I missing about Bitcoin such that I don't understand that, unlike every other technology that's ever existed in the history of mankind, it is so special that it will never ever be replaced by another technology? That it not staying around until say the year 3036 is an utter impossibility?

I don't think anybody really believes that bitcoin will never ever become obsolete, since it's only technology and technology gets old. Keep in mind though that many technologies survived for centuries by being upgraded. A good example of this is the combustion engine that we used in the 20s and are still using 100 years later. Some technologies were forgotten very fast, like the fax machine, or an internet modem, but others kept on living for many decades with minor changes, like the good old light bulb.
Meme coins are shitcoins that people use for speculation. Even their holders don't stand behind the product. Most of the people who hold coins like pepe will admit they don't care what the coin represents and hold it only because it might explode 10x and they could sell it and make some real money.

[Maslate]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

You have to compare the fundamentals of Bitcoin to the fundamentals of PEPE and you'll find that there are too many reasons to stick with Bitcoin and avoid pepe. Bitcoin has strong fundamentals, it's the most popular currency with the highest marketcap, is decentralized, p2p payment solution, cryptographic, you can store it in your software and hardware wallet, basically you are the bank. Pepe is a coin that has no fundamentals and is 100% a hype-based project. People buy pepe because it's a meme coin and people love speculation with meme coins. It's a very risky coin, you have to be lucky, you risk a lot when you buy it.

Compare its individual utilities, if you think this pepe coin has outsmarted bitcoin, then expect that a lot of investors will get tempted to invest into this meme coin. But I don’t think any meme coin will break the record of bitcoin as meme coins are known to be hype-based only and eventually lost its own value in the long run. Unlike bitcoin where it has been dominating already for over a decade and until now, it’s still bitcoin that is leading the crypto market and any coin that challenges bitcoin only end up as a failure.

[Furious 7]

What to expect from meme coins apart from pumps and dumps?
Indeed, in terms of gains and market capitalization, meme coins can sometimes be quite large and that is not surprising because they are filled with the same schemes where pump and dump is always the main weapon to make them look good but to compete with bitcoin is a ridiculous situation.

In any case it will not be possible because in terms of price, usability and feasibility then they are still very far away if they really want to be juxtaposed with bitcoin so in this case it will be an idea that will not be possible if they can compete with bitcoin.

In terms of price alone it can't be compared let alone in other respects even though meme coins are good for utilizing momentum in profit but to say they rival bitcoin is a real impossibility.

[Hyphen(-)]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

Most of the Bitcoin holders are not for trading, and they are probably not there for quick money. Because of that, I don’t think they will feel somehow because they know that Bitcoin price movement is the determinant of altcoin price movement as well. Some of these Bitcoin holders also have altcoins for quick profit.
In the case of dominance in the cryptocurrency ecosystem, I don’t think any coin will come today to pass Bitcoin in terms of everything. We have seen coins like ETH, BNB, SOL, and others that did well some time ago, yet they are behind Bitcoin; therefore, Bitcoin will remain the father of them all in the cryptocurrency ecosystem.

[legiteum]

What, specifically, am I missing about Bitcoin such that I don't understand that, unlike every other technology that's ever existed in the history of mankind, it is so special that it will never ever be replaced by another technology? That it not staying around until say the year 3036 is an utter impossibility?

I don't think anybody really believes that bitcoin will never ever become obsolete, since it's only technology and technology gets old.

That's exactly what I had said, but others seemed to disagree very strongly.

Keep in mind though that many technologies survived for centuries by being upgraded. A good example of this is the combustion engine that we used in the 20s and are still using 100 years later. Some technologies were forgotten very fast, like the fax machine, or an internet modem, but others kept on living for many decades with minor changes, like the good old light bulb.

Software-based technologies move very, very fast because there's no physical limitations.

Regardless, Bitcoin is a specific product and not a general concept. I believe digital currency in some form will be around forever, but Bitcoin is just one possible way of doing that, and blockchain is just one possible architecture as well.

Meme coins are shitcoins that people use for speculation. Even their holders don't stand behind the product. Most of the people who hold coins like pepe will admit they don't care what the coin represents and hold it only because it might explode 10x and they could sell it and make some real money.

Most people I know only hold Bitcoin because they think it will go up in price. Almost all holders of Bitcoin use a broker or the ETF and don't physically hold their own private key--and probably don't even know what that is.

For most investors in Bitcoin, they are investing in the word, "Bitcoin". Maybe they aren't speculating like those looking for 1000x returns on the next viral meme currency, but they are still just speculators looking to buy low and sell high.

[thecodebear]

Honestly that was a terrible analogy. All it says is you don't know much about Bitcoin. Really you should educate yourself on what Bitcoin is. If you think it is no different than meme coins you reallyyyyyyyyyy don't know what you're talking about. Bitcoin and meme coins are nothing at all like those examples you gave. Like seriously, learn about Bitcoin before you try to make this sort of claim.

I don't know how you got to the point where you think Bitcoin is a meme coin and there is no difference between them, but someone led you very astray. You're spitting pure misinformation in your post. This is the kind of advice that makes people lose money haha, when altcoin shills convince people to buy some random useless meme coin instead of Bitcoin, claiming that some random useless meme coin is just as good as Bitcoin lol. It's a zero knowledge argument.

I know Bitcoin quite well. I know the architecture, and I know a fair bit about the implementation. I would probably be qualified to be a core dev with a little bit of ramp-up, for instance.

What, specifically, am I missing about Bitcoin such that I don't understand that, unlike every other technology that's ever existed in the history of mankind, it is so special that it will never ever be replaced by another technology? That it not staying around until say the year 3036 is an utter impossibility?

To be clear, I am not saying anything related to the market price of Bitcoin, which I personally have absolutely no knowledge of. But the market price and the technology are two completely different things, and in this case aren't even related since there are many other technically equivalent or even superior platforms that have only a fraction of Bitcoin's value. People invest in Bitcoin (as opposed to say ETH) because it's called "Bitcoin" and for no other reason.

A couple other people already gave you good answers to this. But I'll answer myself.

First off, not sure why you're trying to make it out like I was talking about market price. What I said related to prices is that the kinda of stuff you're saying it the kind of stuff altcoin shills put out to try to convince gullible people to buy random altcoins with no future instead of Bitcoin which is a completely different thing, but you don't seem to understand the difference for some reason.

Honestly I don't know specifically what you are missing in your understanding about Bitcoin. But it is something very deep, very fundamental, if you think there's no difference between Bitcoin and meme coins.

People put out a new meme coin every day, and their entire value is based on having a funny name and funny logo. That's the meme coin value proposition. That is OBVIOUSLY not Bitcoin's value proposition.

DooMAD might be correct in that you are getting too caught up on the "technology". You might be making the mistake of trying to say blockchain A is the same as blockchain B because they are both blockchains. That's like saying Facebook and a dinky little website I just put up online are the same because they are both websites.

And I can assure you, unlike meme coins, where people actually do invest in them because of the name, nobody invests in Bitcoin because it's called "Bitcoin" lol. Just like people don't invest in Apple because they like Apples, or like they don't invest in Google because its got a funny name. People have turned Bitcoin into a trillion+ dollar asset not because of its name (it could be named anything), but because of what it IS. I have no idea why you think people invest in Bitcoin because of its name, and I can't imagine how you came up with that idea, but its obviously wrong. Nobody hears the word Bitcoin and says "I have no idea what that is but with a name like that I've gotta have my money in it!!" haha.

Bitcoin's main advantage is that it was first and it was built with certain principles in mind. This is what makes it different from random useless meme coins built on similar tech. Bitcoin is the most secure network in human history, show me a meme coin that will ever do that. Bitcoin is decentarlized over the whole world, show me a meme coin that will ever do that. Bitcoin is supply capped, immutable, not controlled by anyone. Show me a meme coin that couldn't simply be changed at will by the creators. There's all these different network effects that come from Bitcoin being the first and strictly sticking to the idea of secure, decentralized, immutable, sovereign money. Whether you are talking about meme coins or Ethereum, or any other cryptocurrency, there is nothing else in the world like Bitcoin. It is entirely unique. Will it be unique in these ways forever....I dunno, maybe. But in the past 15 years since Bitcoin was invented, there have been thousands of attempts at making other blockchains and tokens on those blockchains (including the meme coins that you think are the same as Bitcoin) and not a single one of them has come close to these advantages that Bitcoin has. Not even close.


DooMAD mentioned the internet and that's a good example. If I come out with my own network that's just like the internet and I claim this is better than the internet and the internet is old so my thing will take over the internet. You'd consider that absurd right? I would hope so. And for very similar reasons why its absurd to say a meme coin is like Bitcoin and could replace Bitcoin.

I think probably you think the technology is what is important. But its not. The technology was the START of Bitcoin's importance. But if that was the only important thing then Bitcoin would just be another cryptocurrency out of thousands, and nothing special. It's what came after that start, the concepts Bitcoin exemplifies, the network it has built, which makes it unique. The technology can and has been copied over and over and over. And yet, nobody has been able to create anything like Bitcoin. Some cryptos were literally just bitcoin's forked code with a few numbers changed. If it was just the technology those things would be competing with Bitcoin. I guess you could say the INVENTION of the technology was very important, but once it is invented its not unique anymore, so that is not what gives Bitcoin its value to society. It's everything that came after the invention of the technology.

Ask yourself, why is Bitcoin taken seriously while some random let's call it floofyelonmarsdoggie meme coin is not taken seriously. It's the same basic tech, and by your own words you think they are the same thing. Yet Bitcoin is a global currency while floofyelonmarsdoggie or some such thing is a joke crypto scheme. You should be asking yourself what the difference is. It's not because people just looooooove the name Bitcoin sooo much more than floofyelonmarsdoggie. If anything the reality is the opposite, because the only reason people by floofyelonmarsdoggie is BECAUSE of the name. Nobody buys Bitcoin because of its name. So ask yourself why floofyelonmarsdoggie coin is a silly meme coin that nobody cares about but people all over the world talk about Bitcoin as the future money for the world. The answer is in this post of mine, its in the other replies people have given to you. It's something well understand by everyone who understands what Bitcoin is, by everyone who takes Bitcoin seriously and laughs at silly meme coins. It's got nothing at all to do with price or name or technology. Though the long term price allows us to measure the success of each, and the technology is what enables Bitcoin to do such great things in the first place, but those have nothing to do with why Bitcoin is a taken seroiusly as a global currency and no other crypto is, certainly not useless meme coins.

Here's one final hint. If you took away Bitcoin's decentralization, reputation, security, immutability, then and only then would it not necessarily have anything to offer above any other random cryptocurrency. And what are the things that no other cryptocurrency has? - Bitcoin's decentalization, reputation, security, immutability. No meme coin is ever getting Bitcoin's decentralization. No meme coin is ever getting Bitcoin's security. No meme coin is ever getting Bitcoin's immutability (because that relies on it getting decentralized). And without getting all those things, no meme coin is every going to get Bitcoin's reputation, because Bitcoin's reputation is built on all those things.

Bitcion is global money, meme coins are joke tokens for traders to mess around with to try to 10x their money before the next meme coin takes its place.


If somewhere in this long comment you didn't find an answer...then just do your own research buddy. You claim to have a very good technical understanding of Bitcoin. But it seems you have no societal understanding of it - no understanding of what makes Bitcoin special and valuable to society. Like understanding how to build a combustion engine but not having a clue why anyone would want to use one. Or like not understanding the difference in value between an EV and a remote control car - both four-wheeled vehicles that looks the same and run off electricity....but not remotely the same thing, one is immensely useful to society, one is a toy. Bitcoin is the one immensely useful to society, meme coins are the toys for traders.

[suzanne5223]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit.

Bitcoin users or investors that move their into memecoin because of the recent surge in price of memecoin is a naive crypto enthusiasts.
For record, memecoin is the current player ground of BTC whales for quick profit. They dont want to loose their BTC bag, they hold their BTC while they use meme coin as a quick profit making space.

At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

No altcoin not to mention meme coin has the capacity to challenge the dominance of BTC.
Do you think the 51.88% dominance of BTC is a joke?

[freedomgo]

It's just a mere coincidence and I'm sure they are not consistent with that since they only make some actions when crypto is on the headlines once again because of the upcoming bitcoin halvings. they don't want to miss out so they take some courage to do some actions to divert the investor's attention to their meme coins and this is something we need to know when they do such thing, they have their own get away plan which we won't be getting in and that's their way to dump their coins once they see the price is keep rising through new investors money, that's why you need to be a real risk taker if you want to buy those meme coins at this time around.

Meme coins prices won’t be sustainable in the long run. They can gained impressive prices today, but we all know that without real utility case, any coin will not survive in the market. So expect that any meme coin in the market will only be good for today and after that, they’ll suddenly vanish in the market.

If you are a good investor, you will not trust easily meme coins and risk your funds, sticking to bitcoin is the best decision ever, that is if you are thinking for long term goal in the market.

[mirakal]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

It is erroneous to compare Bitcoin with memecoins. Even ETH the second highest marketcap coin doesn't come close in comparison. Bitcoin is a utility coin that can be likened to a fine wine that's getting better over the years. Memecoins on the other hand are pump and dump tokens with no use cases and they'll fade away in time. A crypto enthusiast who has been around in the space for a long time will never be carried away by memecoins' hype and will stay away from them.

Its a stupid act if you get tempted to invest into meme coins and leave bitcoin investment. Bitcoin has been dominating the market not only because of its high, expensive price but mostly because of its multiple utility cases in the market. Compared to meme coins, they only exist when they’re hyped, and once the hype is gone, they all turned out worthless in the end. They even don’t have real utilities in the market so there is no way to challenge bitcoin or even ethereum in the market. Gone are the days where meme coins can give us exceptional profits, since majority end up only with huge losses that is why if you risk your funds investing in meme coins, that would be your worst decision ever.

[milewilda]

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast. Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit. At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

It is erroneous to compare Bitcoin with memecoins. Even ETH the second highest marketcap coin doesn't come close in comparison. Bitcoin is a utility coin that can be likened to a fine wine that's getting better over the years. Memecoins on the other hand are pump and dump tokens with no use cases and they'll fade away in time. A crypto enthusiast who has been around in the space for a long time will never be carried away by memecoins' hype and will stay away from them.

Its a stupid act if you get tempted to invest into meme coins and leave bitcoin investment. Bitcoin has been dominating the market not only because of its high, expensive price but mostly because of its multiple utility cases in the market. Compared to meme coins, they only exist when they’re hyped, and once the hype is gone, they all turned out worthless in the end. They even don’t have real utilities in the market so there is no way to challenge bitcoin or even ethereum in the market. Gone are the days where meme coins can give us exceptional profits, since majority end up only with huge losses that is why if you risk your funds investing in meme coins, that would be your worst decision ever.

Totally not a wise move and it would be always ideal that you should really be giving out that priority on accumulating Bitcoin other than with other coins specially on memes. It is really just that there are people who are really that fond on dealing with meme coins because they do really hope that they could really be able to hit up some nasty profits once it would be able to pumped. Well i couldnt blame them even myself is really that a fond on meme coin investing but of course the priority would really be still accumulating Bitcoin as much as i could on which we know that this is really that much better in terms of long term.

If you do have the money that you could really be able to spare on then you could be always be having that diversification thing on which we are really that tending to scatter out
our investment whether it is on Bitcoin, Some top altcoins and some meme coins as long your budget or capital would be able to allow you then this what matter the most.
Its up to you if you could be able to bare up with the risks involved on having that diversified investments.

[legiteum]

First off, not sure why you're trying to make it out like I was talking about market price.

I don't know how you would have gotten that impression. I wasn't talking about the market price at all.