PurpleDog (OP)
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March 13, 2024, 07:51:04 PM Last edit: March 13, 2024, 08:57:31 PM by PurpleDog |
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Many meme coins seem to have skyrocketed. The ones that have peaked recently, like PEPE and Harambe, seem kind of risky to get it, at these heights. Of course, they may continue climbing up, now that they have gained the focus. Any new ones that you think might go high, when it's still early on? I see PENG at MEXC, for example, having break its previous resistance, right now, and going up. Do you think this can be a thing? Any other suggestions? Thanks
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btc78
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March 13, 2024, 08:07:45 PM |
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Yes, actually having been launched with the solana blockchain I think this memecoin has a lot of potential. I still have my reservations though because at the end of the day it’s still just a memecoin and there is a huge possibility that it might just be all hype. With this in mind, it is better to buy now before it gets too expensive
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PurpleDog (OP)
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March 13, 2024, 08:45:29 PM |
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Meme coins are based on the fact that the meme they refer to is popular and widely recognizable. And many of us, the internet people, just go for it, even for the fun of it.
Anyway, I'll be watching PENG to see where it meets its next resistance.
Still open to hear about other meme coins that show similar positive signs.
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wheelz1200
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March 13, 2024, 09:20:59 PM |
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I know people get all.greedy and want those insta returns. I just don't see how meme coins can continually go up. Meaning someone has to be left holding the bag. For me it's way riskier than just hiding bitcoin knowing bitcoin continues to just keep breaking new highs and the downside risk is so little at this point. Good luck on your venture but be careful not to lose your stack.
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PurpleDog (OP)
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March 13, 2024, 09:38:14 PM |
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You are not wrong. The whole crypto is a risky market but indeed, old coins like BTC, ETH, Dash, feel safer.
I have a variated portfolio. About 15 different coins for the long run, like ETH, XTZ, XLM, APT, AD EOS etc. And they are already way up, from where I bought them.
Now I am looking for something to try my luck in, for a parabolic run. I can spare 1500 € for some harder gamble. If I get lucky and that goes up x10 or x30, I will be making some serious money (15000 € - 40000 €), out of it. If it starts declining, I can get out at -50% and lose 750 €, which is a loss I can live with.
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JeromeTash
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March 13, 2024, 09:55:26 PM |
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You can probably start by looking through platforms like Dextools and Dexscreener. Usually these memecoins appear there as soon as they are launched, but the problem is there as so many that never make it that high in 24 hours. Most of them are just scams and rug pulls. It's a huge gamble if you are lucky to get one that goes to grow bigger over time and get listed in bigger exchanges
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bitzizzix
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March 13, 2024, 10:03:19 PM |
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You are not wrong. The whole crypto is a risky market but indeed, old coins like BTC, ETH, Dash, feel safer.
I have a variated portfolio. About 15 different coins for the long run, like ETH, XTZ, XLM, APT, AD EOS etc. And they are already way up, from where I bought them.
Now I am looking for something to try my luck in, for a parabolic run. I can spare 1500 € for some harder gamble. If I get lucky and that goes up x10 or x30, I will be making some serious money (15000 € - 40000 €), out of it. If it starts declining, I can get out at -50% and lose 750 €, which is a loss I can live with.
It sounds like you are not satisfied with your portfolio results as I think the coin is already generating good returns, especially when the real bull season arrives. And in my opinion, a meme coin like Peng still has a chance to rise even higher if you look at the graph, but by the way, why not do it when the price of Peng is still low.
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JeffBrad12
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March 13, 2024, 10:10:46 PM |
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we can't really predict whats gonna happen with those random meme coin but generally when a meme coin about to take off usually they are being hyped up by so many people the community will grow fast, and usually the token isn't presale but an airdrop to keep fairness that the devs aren't profitting anything from it except that they might be buying their own token at lower price when they are still at initial stage. but nowaday i see pattern too that a meme coin deployed in current most trendy blockchain will have higher chance of success competing against other meme coin like pepe, wen, and many more. previous trend was deploying in solana and the meme coin in there was gaining massive market cap increase and also supported by the community. you just see what the next chain that is gonna be trendy and start from there I guess. since frankly speaking, investing in meme coin sometime isn't even a fair game, you gonna get presented with many malicious tokens that probably have backdoor for the devs to do some rugpull so always know that you are risking your money.
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PurpleDog (OP)
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March 13, 2024, 10:13:30 PM |
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It sounds like you are not satisfied with your portfolio results as I think the coin is already generating good returns, especially when the real bull season arrives. And in my opinion, a meme coin like Peng still has a chance to rise even higher if you look at the graph, but by the way, why not do it when the price of Peng is still low.
I am happy with my porfolio. But it's a crazy market. Why not expore the posibilities? some hodling, some trading, some gambling, some trying to spot the one with parabolic potential. ( btw. I have already put something in PENG. Let's see what happens in 7 days.  It's around the 0.7 USDT now. )
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Belarge
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March 13, 2024, 11:49:10 PM |
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I know people get all.greedy and want those insta returns. I just don't see how meme coins can continually go up. Meaning someone has to be left holding the bag. For me it's way riskier than just hiding bitcoin knowing bitcoin continues to just keep breaking new highs and the downside risk is so little at this point. Good luck on your venture but be careful not to lose your stack.
The market is favorable only for those that made good entries in the space, its not easy but its achievable. Bitcoin stand stronger than we all could imagine, just keep following up the trends and never back out from the important matches of projects. Memecoins have their seasons and I must say this, it's important we keep records of the memecoins that comes in both bear and bull season for clarity. It's mainly for volatility for the market and only the wise traders would be able to beat the odds and make significant gains.
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EL MOHA
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March 13, 2024, 11:58:00 PM |
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You can probably start by looking through platforms like Dextools and Dexscreener. Usually these memecoins appear there as soon as they are launched, but the problem is there as so many that never make it that high in 24 hours. Most of them are just scams and rug pulls. It's a huge gamble if you are lucky to get one that goes to grow bigger over time and get listed in bigger exchanges
Dexscreener remains the best to me in spotting this low memcoins combine with wallet like phantom you can bag this Solana memcoins. Over the few days we have seen many coins been lunched under Solana ecosystem and within days they easily pull a 10x increase. Also they’re others that easily just rug pull immediately they get lunched and people start pouring in volumes. One thing I will advice the degen traders because that’s what they call them selves is to never consider this memes as investment but rather as a gamble and the money they put into it is just like a wager to gamble. And once you see a little a profit take some off and convert to something solid like the parent coin itself Solana.
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Volimack
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March 14, 2024, 07:52:18 AM |
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Memecoins differ from cryptocurrencies mainly because of their worthlessness. Memecoins are a lot of scams and an unlimited number of memecoins are also incompatible with bitcoin's proof of work. With these caveats in mind you need to analyze which are the best meme coins to invest in. Cryptocurrency trading is changing market research will give you an idea of the performance of MemeCoin.
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Bureau
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March 14, 2024, 08:11:37 AM |
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Not sure about new meme coins as in the current market it could be risky to invest. Since rug pull is quite common when the market is green. The already established meme coins are doing well and as I can see that they tend to go high up on a day and the next day they go into red. Anyone can utilize this opportunity to gain 10 x gain or can hold them for few days to get a good profit in a short time.
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PurpleDog (OP)
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March 14, 2024, 08:16:07 AM Last edit: March 14, 2024, 11:12:15 AM by PurpleDog |
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Dexscreener remains the best to me in spotting this low memcoins combine with wallet like phantom you can bag this Solana memcoins. I had a look at Dexscreener. I think I will start using it. Last night I went to bed with PENG at 0.7 USDT. I thought I might wake up having lost half my investment. It wasn't unlikely. But.. it's up 40% since then. I bought even more.  Still hasn't found its resistance.
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God bless u
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March 14, 2024, 08:59:43 AM |
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Look it's very difficult to predict meme coins they are almost unpredictable and in my opinion they have a lot of potential but to pick out which one is the right one needs a lot of skills and handy investments. Meme coins have always been a part of the talk because of the high profits they have given to people in the past but they have also done very badly to people portfolios. They always will be at a high demanding side because of the natural factor of greediness in people.
The point here is that people share success stories only regarding meme coins but there are very few of them only the other side of the coin is ignored and people now are very much indulged into expecting high profits from meme coins this trend should be broken for a long term survival of newbies in the crypto world.
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batang_bitcoin
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March 14, 2024, 09:31:21 AM |
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Those that like to invest into the newer meme coins, you've got the potential to get scammed. I know that whoever gets in the game earlier, you'd definitely have the edge to make more because you're one of the early investors. But it's not all about that, if your risk is high for investing into those meme coins, are you sure that you're okay to just sit and watch around looking at that project? Because the tendency for you to get stuck with that coin and never get a profit is high.
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shawonngp
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March 14, 2024, 10:40:04 AM |
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Solana based meme coins are now trending i see other three coins are peak high, Solana is increasing every day and i think it will hit 200$ in a few days. Peng is increased 80.99% in a day, i seen it price was around 30 cent in 2 days ago but now going hit 1$. But it risky to invest right now.
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husencoe
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March 14, 2024, 11:05:38 AM |
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In my opinion, meme coin does not have a strong base to stand on. And many people think that holding meme coins in the long term is very risky. I don't know why meme coin is so popular right now and has a very significant increase. I think this is just hype used by people with deep wallets to lure and get profit from this phenomenon. Maybe you are lucky to be able to got profit from your memes. But I think, you can't look at it for too long until the market changes. You must continue to monitor the price so that when the price suddenly drops you can doing an act.
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PurpleDog (OP)
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March 14, 2024, 11:11:33 AM |
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PENG just broke the 1 USDT limit. See what's next. It has been doing considerably well, these days.
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xandriel
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March 14, 2024, 11:34:46 AM |
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Does anyone know of any meme coins that can be used to play games or for other purposes, not just for holding? I want to find some meme coins, but I don't want to buy and hold. It's like buying a lottery ticket. I need something I can play with just for fun, to pass the time.
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