My observation on memecoins seeking legitimacy. Cool or not cool?

[Bournesparks]

Yo all, did y'all catch how these joke crypto projects are trying to become legit? I'm talking OGs like Dogecoin, Shiba Inu, Floki and even this new player Alita.

These coins used to just be silly memes capitalizing on trends. But now they're working overtime to add actual use cases to their offerings. It's a total role reversal. Kinda cool though, don't you think?

Shiba started as a "Dogecoin Killer" but now they've built a whole DeFi ecosystem called Shibaswap and want retailers accepting Shiba. Talk about pivoting.

Floki Inu was all about the Elon's dog meme energy. But their roadmap is to build a metaverse platform for marketing and gaming. From dog jokes to meta utilities, damn.

Then you got Alita giving full cyberpunk anime robot vibes, ultra memeable. But get this - they're trying to launch a cross-chain DEX called AlitaSwap with an integrated AI crypto analysis assistant and even partnering with some good platforms. https://twitter.com/TemuFund/status/1767138794342699356?t=2Qu-pftT0_1gNzAETe0oVg&s=19
A meme coin getting that sophisticated is wild.

At this point, I don't even know what to think. Meme coins out here stopping the memeing and seeking real legitimacy. Will their utility moves work or will they always be tainted as lucky jokes? One thing' I know for sure, the memecoin realm is getting weird.

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[Beparanf]

At this point, I don't even know what to think. Meme coins out here stopping the memeing and seeking real legitimacy. Will their utility moves work or will they always be tainted as lucky jokes? One thing' I know for sure, the memecoin realm is getting weird.

Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.

Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.

[pakhitheboss]

Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.

Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.

Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.

[PurpleDog]

What a misconception. The "original" in what way?

It was yet another crypto until Elon Musk gave it a push up.


Btw, if you think PEPE is a "shit coin", I don't think you even understand the term. But that's ok of course. 

[deathcode]

At this point, I don't even know what to think. Meme coins out here stopping the memeing and seeking real legitimacy. Will their utility moves work or will they always be tainted as lucky jokes? One thing' I know for sure, the memecoin realm is getting weird.

maybe it looks strange, but if it is accepted by the community and market then nothing is impossible. memecoin grows and develops due to the support of a rapidly growing community. it can even create lots of memes with identical names. Their market growth is very fast and some investors like it to make profits in a short time. regardless of what they try to create in the future. if the community accepts it even though it seems strange. then their position in the market will still be strong.

[electronicash]

well the roadmap is always updated every time. they can't just be as memecoins and with no use case as competitors are trying to outrank them. to make them attractive to the investors, they need to have some developments and adding more use case is just one. Shib I think have been very clear about their Shibarium before others have said their plans.

doge is already accepted in many casinos so that's hard to compete and Elon just recently mentioned about accepting doge or Tesla.

[Bournesparks]

Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.

Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.

Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.

Well I don't agree with you on this. Shiba, FLOKI, they're not just memecoins.. and I'm finding alita to be in the same vein hence this post. It's an all encompassing ecosystem that supports a variety of DEFI products judging by what's on their web.

[TsukiyomiMoon]

Memecoins are in high demand this bullion because Doge and Shiba have shown that a substantial amount of ROI can be made. Tsukiyomi an Ethereum memecoin inspired by the Japanese moon god is set to take off on Monday March 18th (follow twitter for exact launch time). Tsukiyomi believes in community collaborative initiative were member ban together to create something breath taking.

Tsukiyomi emerges as a unique and spiritually inspired project. A cat memecoin named after the Japanese moon god, Tsukiyomi embodies a fusion of ancient wisdom, meme culture, and modern blockchain technology.

Check them out on Twitter- https://twitter.com/Tsukiyomi_io

[avikz]

A joke will always remain a joke! meme coins usually starts as an experiment to the market. majority of the times, Developers look for the opportunity to pull out at the right time making millions of dollars. But in very few exceptional cases, a meme coin is able to build an eco system, like Shiba Inu. But don't expect the same from every meme coins. be very very cautious while investing your hard earned money in to meme coins. Avoid if possible. because you never know what's going to come out of them.

Personally, I avoid meme coins and only invest in Bitcoin and ETH. When it comes to money, I am very very skeptical about investing in new coins.

[Bushdark]

The word "Utility" has always been used to deceive many of us that are crypto investors.
We should be led by the word utility ending up investing in the wrong project. The crypto market is majorly based on hype and any project that has more hype could have more investors but this often time does last for too long. Meme coins are good to hold but we need to be wise and scrutiny the projects we intend to buy before we invest our capital. This would help us to stay safe in the market and not lose money anyhow because we are freak about utility tokens.

[R1dwanRz]

Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.

Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.

Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.

Well I don't agree with you on this. Shiba, FLOKI, they're not just memecoins.. and I'm finding alita to be in the same vein hence this post. It's an all encompassing ecosystem that supports a variety of DEFI products judging by what's on their web.

Well you do raise a good point. though I checked the link you shared about alita's partnerships, looks like they have been listed recently on Bitget. Upon researching further, they seem to be on right track to make DEFI accessible to all despite being an AI themed memecoin. And I also checked the price from there: https://www.bitget.com/spot/ALITAUSDT after all it isn't bad either and it's still under 55M market cap.

It'll be really cool to see how much it grows once more people join. I think the situation might be similar to the case of Peng Memecoin that got listed. Surprisingly, it has gone up to $1, haha.

[Odusko]

What do you should know I that, memecoins are pour Ponzi like and for that at some point those flaw influence will show and this is when you see the trend of them moving towards Ponzi since Their like any basic form of ecosystem that can provide them liquidity to support their market.
This is the mail n reason why I always advice investors to only take meme coins as just short term speculative assets which are subject to pump and dump at anytime, many times we have realised this and have settled with the reality because if you risk your investment on memecoins for lunch ng term you will be supprised at what becomes your reality in the future.

[Sophokles]

Most of the meme coins were like a ponzi but as the market is maturing so did the investors. So for being a meme coin is not enough these days and we are seeing legitimate meme projects are trying to be more than just a meme project. Not sure if that will be enough or not, but its working as many investors are joining the meme industry which leads to the total marketcap of meme coins to be above 63B which is more than the total marketcap of AI coins. The industry is evolving, and the meme project is as well. Let's see where it leads to the meme craze.

[yazher]

It's just the risk bro, we are just keeping the risk lightly with their sudden improvement and that of course required some further investigations on whether they last longer or not because we all know that lots of their competitors have already given up and lost hope since they cannot get any more support from investors due to the lack of development and real-time updates according to their roadmaps, these meme projects on the other hand are making some noise. However, the high risk of investing in such projects is still there. We might gonna see some huge changes in the future since they now want to be recognized as legitimate coins to invest in and offer some innovative technologies for the future as well.

[evichi]

Meme coins are ways to express emotional and cultural values. While some meme coins have utility attached to it, most meme coins have no utility function. In my opinion, meme coin's reputation increases with time. Doge coin is a typical example. Currently, Doge coin and Shiba Inu, have stude the test of time by maintaining the first page of the Coinmarket. Becuse most meme coins are simply built by the owners  to make money due to hype or rug pull, meme coins legitimacy have a lot to do with how long it has been in the market as well as the support it has gained form its community and the team behind the project/coin. Support form influencers may also play an important part in making the coin gain acceptance and reputation. IMO, I will prefer to hold meme coin, like Doge coin, that have stood the test of time rather than new ones.

[God bless u]

This is very good news for people holding these meme coins I think. Look projects after getting down profits will definitely try to invest those profits in developing their projects and increase the use case. If they do that then they can pull themselves out of the meme coins category and it'll be very good for the holders of their coins.

When the use case of the projects increases they get hype and increase in market demand. Once they get hype they will be noticed by different investors and brokers. People will start to invest in them and they'll give better profits than others because a growing project is always more profitable than a well grown project if you have the right strategy to invest.

[Bournesparks]

Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.

Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.

Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.

Well I don't agree with you on this. Shiba, FLOKI, they're not just memecoins.. and I'm finding alita to be in the same vein hence this post. It's an all encompassing ecosystem that supports a variety of DEFI products judging by what's on their web.

Well you do raise a good point. though I checked the link you shared about alita's partnerships, looks like they have been listed recently on Bitget. Upon researching further, they seem to be on right track to make DEFI accessible to all despite being an AI themed memecoin. And I also checked the price from there: https://www.bitget.com/spot/ALITAUSDT after all it isn't bad either and it's still under 55M market cap.

It'll be really cool to see how much it grows once more people join. I think the situation might be similar to the case of Peng Memecoin that got listed. Surprisingly, it has gone up to $1, haha.

Thanks for this. I think from the link you sent, PENG Is trading over $1 and I saw other memes like BOME on their memezone same on Solana ecosystem. Seems paying attention to their ecosystem will pay off in the long run..

[mdzahed134]

Most of the meme coin is now moving to the ponzi feature as their “utility” but still these tokens are worthless. They are just adding this shit utility because this is what their investors like but too dumb that they invested on meme coin instead of real project.

Meme coin still a meme coin which is worthless no matter what feature they introduced because they have no real utility or else they shouldn’t categorize being meme coin and move to DeFi. The problem is most this meme coin is just following the trend of being meme despite they are not already a meme just to get the hype. They are just ponzi.

Meme coins other than dogecoin are known as shit coins and they will be called with the same name in the future. If they come up with new utility for themselves does not mean they will not be used as a pump or dump crypto. I know that the hype of meme coins and the community behind them is driving their price which shows how strong their community has been from 2021. I still believe dogecoin was the original and if you think that meme coin would have a separate universe then invest in dogecoin as it is the OG of meme coins and it will remain in the top as there cannot be a replacement for it.

DOGE coin is also well known MEME coins on the market but i think it's exceptional to other MEME coins, because it's too oldest coin on the crypto market, And it's build up a big community, you know it's top 9 rank coin according to in the Coimarketcap. Although it has some real use cases so many investors in the project. A few other MEME coins have billions dollar marketcap but they can not beat DOGE till now.

[Adreman23]

I believe that if these meme coins you mentioned were to have utilities, they would no longer be considered mere meme coins because a meme coin typically lacks a real use case or utility; they are just for fans, a joke coin. If they were to be given use cases, it would imply that they are no longer just for amusement because they have transitioned from being a joke to something serious.

[Kelward]

I believe that if these meme coins you mentioned were to have utilities, they would no longer be considered mere meme coins because a meme coin typically lacks a real use case or utility; they are just for fans, a joke coin. If they were to be given use cases, it would imply that they are no longer just for amusement because they have transitioned from being a joke to something serious.

I think that the name memecoins have underscored any meaningful innovations that any of the meme teams will want to add to their values, and who can blame investors that has this mindsets towards the meme family, when most of them operates more like Ponzi schemes. Most of the new memes are scams, they'll come with hypes, give early investors mouth watering ROI then scam the latter investors, this is why I'm most skeptical about them. Although top memes like dogecoin and Shiba Inu, are trying to change the narrative of memecoins, but they can only impact their own tokens and not the bunch.