Why Memes really pump hard than others

[Best-mary]

Hey! First of all, this is not financial advice yea!!
 
I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this. Here is the discussion. You can read through
 https://bitcointalk.org/index.php?topic=5489134.msg63814046#msg63814046
 
One of the reasons I'm writing this post is because most people complained about missing BOME. Ok, here is another one "$SNAP" It just went live on Bitget just as BOME did and another one IQ50 will be listed any time soon. You know what memes are made for? HYPES!! As is listed, it will be hyped. So, play your game well and don't be a liquidity... If you notice the price has top, just leave it!!
 
Note: THIS IS NOT FINANCIALLY ADVICE, IS JUST ANOTHER RISK I'M TAKING I DECIDED TO SHARE

[crwth]

I thought this was the one

https://coinmarketcap.com/currencies/snap-sol/

There is no Bitget yet. Can you post more information about this?

[mindrust]

Memes take people's attention. That's why. Look at LTC and XMR, they are the OG alts but they barely move while Doge is doing crazy moves. LTC and XMR might be good alts but they don't have anything to make people laugh. It may sound stupid but that's how it is. Even Elon favors doge just because of this. Because it is a joke shitcoin making fun of everything.



Look at that, isn't it funny?

This my friend, gathers attention, increases interaction, likes, replies, quotes, views and everything. (price & trading volume too)

[Best-mary]

I thought this was the one

https://coinmarketcap.com/currencies/snap-sol/

There is no Bitget yet. Can you post more information about this?

Yes I do have the information. I don't know if you know about Coincarp. The site usually set to list coins that gets listed and cex that listed it. You can confirm it here
https://www.coincarp.com/exchange/announcement/bitget-12560603806712/

[Iamcrypticguy]

I thought this was the one

https://coinmarketcap.com/currencies/snap-sol/

There is no Bitget yet. Can you post more information about this?

Yes I do have the information. I don't know if you know about Coincarp. The site usually set to list coins that gets listed and cex that listed it. You can confirm it here
https://www.coincarp.com/exchange/announcement/bitget-12560603806712/

This cex has been my go to for memecoins and other alts this bull season. They're very fast in their listings.. kudos to them..

[mk4]

I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this.

An altcoin is anything that is not bitcoin. So technically, everything else that is not bitcoin is an altcoin, regardless of token category.

But yea, memecoins pumping isn't really a surprise, because bull markets always bring out lots of stupidity and ridiculousness. Just make sure to exit when things get too exhausted.

[strunberg]

One of the reasons I'm writing this post is because most people complained about missing BOME. Ok, here is another one "$SNAP" It just went live on Bitget just as BOME did and another one IQ50 will be listed any time soon. You know what memes are made for? HYPES!! As is listed, it will be hyped. So, play your game well and don't be a liquidity... If you notice the price has top, just leave it!!

I will never again be interested in meme coins even if they are said to have returns of up to thousands of percent, like BOME. Only early investors make a profit. And then the meme coin will just be a useless coin. I know there are people who profit from meme coins, maybe even one of the members on this forum. But I personally don't like meme coins after experiencing significant losses on Rats, Coq and Bonk. I know it's my fault for not being able to timing the market but a coin that lacks fundamentals will eventually just die by itself.

[Best-mary]

One of the reasons I'm writing this post is because most people complained about missing BOME. Ok, here is another one "$SNAP" It just went live on Bitget just as BOME did and another one IQ50 will be listed any time soon. You know what memes are made for? HYPES!! As is listed, it will be hyped. So, play your game well and don't be a liquidity... If you notice the price has top, just leave it!!

I will never again be interested in meme coins even if they are said to have returns of up to thousands of percent, like BOME. Only early investors make a profit. And then the meme coin will just be a useless coin. I know there are people who profit from meme coins, maybe even one of the members on this forum. But I personally don't like meme coins after experiencing significant losses on Rats, Coq and Bonk. I know it's my fault for not being able to timing the market but a coin that lacks fundamentals will eventually just die by itself.

Yup, I did gained from BOME. But, I completely I understand your point. Memecoins shouldn't be a thing we ape into during the hype. Rather, is best to go in when the hype is very minimal as that's what memecoins depends on

[Best-mary]

I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this.

An altcoin is anything that is not bitcoin. So technically, everything else that is not bitcoin is an altcoin, regardless of token category.

But yea, memecoins pumping isn't really a surprise, because bull markets always bring out lots of stupidity and ridiculousness. Just make sure to exit when things get too exhausted.

I always exist when I know I'm ok. Either in losses or gains. Menecoins are usually ridiculous things that makes people buy it. Have you check IQ50, if you have you did see it is so uncalled for but yet people buy it because it seems funny

[Mate2237]

I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins. But you know, we won't dig further into this.

An altcoin is anything that is not bitcoin. So technically, everything else that is not bitcoin is an altcoin, regardless of token category.

But yea, memecoins pumping isn't really a surprise, because bull markets always bring out lots of stupidity and ridiculousness. Just make sure to exit when things get too exhausted.

Exactly you have said it all. Any cryptocurrency that is not if Bitcoin is categorized as altcoins be a memecoins, shitcoins they are all at the category of altcoins therefore Op and other should know this in their mind that all coins are altcoins except Bitcoin.

And people investing and making memecoins to pump because it give fast money. You that people like quick money and memecoins gives them that quick money but it doesn't last and most live shortly.

[Adbitco]

Well you can say is not a financial advise but you already talked about them so there is every possibility for people to go check out those project and if they finds it interesting they might decides to invest in it but as said whatever that happens with their investment you aren't meant to hold responsible for any reason and that is true, whatever coin or shitcoin that is listed out their in any exchange we should apply deligent because not all coin or project that worth investing some of them can worth nothing after making your investment. If could recall correctly I have wasted lot of my money jumping from altcoin to altcoins so I decided to just sticked on those reputable coin and even if I must invest in any new project (coin) then exchange to list will be another factor to be considered.

[Reatim]

You know that feeling when your friends tell a joke and you don’t get it?

Yeah well that is something a lot of people don’t want to feel so they
always make sure to be on top of everything. Memes are jokes that are time relevant
and trending and if you are someone who is always online, it would be an embarrassment to not know these memes.

Needless to say memes get a lot of attention and so the reason why memecoins are hyped at their first launch but as time goes by just dies. But if you could take advantage of this hype, then go do it 

[babygun]

I think we all like to make money and initially I had the thought to buy a couple of memecoins and maybe I get lucky (this was a couple of years ago). Offcourse ended up buying shiba inu and despite the rise the last couple of weeks, I still have a loss of -60%. While you can always get lucky, but then you need to get in very early and also know when it is time to cashout.

[deathcode]

One of the reasons I'm writing this post is because most people complained about missing BOME. Ok, here is another one "$SNAP" It just went live on Bitget just as BOME did and another one IQ50 will be listed any time soon. You know what memes are made for? HYPES!! As is listed, it will be hyped. So, play your game well and don't be a liquidity... If you notice the price has top, just leave it!!
 

who knows the peak price of a newly listed meme coin on an exchange? Some memecoins make a pump when they are just trading, then crash losing their price. but some continue to make the pump then become stable.
every meme project that has strong support from the community will grow in the market. no matter how long it takes, but still be careful and immediately take advantage and porgi. don't expect too much.

[el kaka22]

You can keep suggesting whatever you want but that will not make it better, it is not going to even matter so there is nothing wrong with that. I think we should be careful with these type of promotions because lets be honest it is exactly this reason why they pump. The name is giving it, it is a "pump", meaning that it doesn't just go up to go up, it goes up to go down quickly.

This is a pump and dump scheme as well, people who create these stuff want to just give it away and that is the most important part, I do not think that it means anything at all. We should be considering this to be a problem and because of that I feel like it is going to be a bit of a trouble with time as well. Just avoid memes if you could please to protect your money.

[Geurangsang]

Basically memecoin is a part of Altcoin, with an emphasis on jokes and virality.  Maybe you are lucky to get a profit from your investment in Memecoin, but I'm not too interested in Memecoin.  For me, Memecoin is just taking advantage of the hype to move and just for fun.  There are no special characteristics or utilities, and no strong base that will make it viable for a long time.  Please be careful about your investment in memecoin.

[xandriel]

People love buying meme coins because they want to get rich quickly. You can get rich quickly now if you buy Bitcoin. The price of Bitcoin is now $70,000, so even if it reaches $140,000, it just doubles their assets. But what if their assets are only around $100-$1,000? That's not much. So they buy meme coins hoping to get rich quickly. Like I remember a man who bought $100 worth of Shiba Inu at the start and then made around $5 million. Besides, some whales want to hype trending memes to spread crypto to everyone

[Miles2006]

Well, memecoins are still called altcoin cause they're all alternative coin, mixing things up with an argument is not right. I don't see any special value in memecoins but the coin indeed has this hype and investors seems to take advantage during the hype, it's mostly favorable for investors who have the mindset of getting rich quick within a short period of time or else why will an investor hold memecoin for long term run.

[Sophokles]

Is there any specific reason for that? Elon is going to adapt all the meme projects, like Doge? So why is actually the meme project in sol pumping? I think it was a clever strategy by the sol marketing team to use meme project to create hype in their ecosystem to attract retail investors to it. A well-defined concept requires time to establish, while a meme project doesn't. So you can create a new meme project every week and pump it up with a massive gain by controlling the supply. A very genius plan by their marketing team. It started with airdrops and is going with memes. What will be next, and how much funding are they left to pump all these project?

[ajiz138]

Another SLERF meme coin that has only been created a few days was able to penetrate major exchanges and the news is that Bybit has notified about this meme to be traded?

https://coinmarketcap.com/currencies/slerf/
https://twitter.com/Bybit_Web3/status/1769653675562279304

It's crazy that now memes are more favored by investors, is it because of the special early long-term hype? If you miss and buy already high then don't ever hope to buy this like gambling you won't even be able to recover if it has lost its value, but the fomo coin meme is still happening until now.