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Author Topic: Why Memes really pump hard than others  (Read 219 times)
Chibaba
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March 18, 2024, 08:36:42 PM
Last edit: March 19, 2024, 08:45:24 PM by Mr. Big
 #21

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.
I feel meme coin should be taken a bit serious in this bull run considering the unending hype and the fact that most top CEXes including Binance, Bitget and Bybit listing some selected potential ones.



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/

Good to see someone also using coincarp to monitor early listing of potential coin. In fact I discovered Bitget get and few other exchanges good at early listing on that platform. I may have missed out on this IQ50 but if it's on Solana I will look into it to look for an opportunity.
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March 18, 2024, 09:58:37 PM
 #22

Why Memes really pump hard than others
I want to answer this very common question. And it's true, almost every meme coin project (though not all of them) will definitely skyrocket in price. And this is where it gets interesting, because with this very skyrocketing price, it is able to attract a lot of attention. Not only that, usually meme coins will be treated with a lot of hype, so that the meme coins become known to more and more people and are interested in getting into them. In essence, hype can really make people FOMO and projects skyrocket significantly.

However, this is actually not recommended for beginners who don't know when is the right time to buy meme coins. because if you are late, you will actually lose so much money. Because usually, meme coins that are already at the peak of their glory or price, will fall and it is quite difficult to get to the peak price again. It's usually like that.

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March 18, 2024, 10:12:31 PM
 #23

-snip-
I want to answer this very common question. And it's true, almost every meme coin project (though not all of them) will definitely skyrocket in price. And this is where it gets interesting, because with this very skyrocketing price, it is able to attract a lot of attention. Not only that, usually meme coins will be treated with a lot of hype, so that the meme coins become known to more and more people and are interested in getting into them. In essence, hype can really make people FOMO and projects skyrocket significantly.

However, this is actually not recommended for beginners who don't know when is the right time to buy meme coins. because if you are late, you will actually lose so much money. Because usually, meme coins that are already at the peak of their glory or price, will fall and it is quite difficult to get to the peak price again. It's usually like that.
Unsettling – yes, it is unsettling. I hope many people don't get caught up in the hype and that they only invest the amount they can afford to lose. Memecoin has no potential future - mainly because the product is just riding on the hype. Short-term traders may make quick profits from it - but long-term investors should be able to avoid holding too many coins and stocking them in their investment portfolio.

I'm not against memecoin and its existence - but just understand it as a product that will be abandoned once the whales sell it. Of course there are many millionaires from memecoin especially those who managed to buy it at the initial price - but anyone who bought it high, it is very possible for them to be stuck in it for a very long time.

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March 18, 2024, 10:15:27 PM
 #24

If it's a cryptocurrency other than bitcoin, it's likely called an altcoin, whether it's meme coins or serious projects. Predicting the next big thing after bome is challenging, but to earn significant profits, we must take risks and invest in meme coins. There could be many more projects like bome waiting to be discovered in their early stages, offering lucrative opportunities for early investors keen on seizing the potential of emerging trends in the crypto market.





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March 19, 2024, 01:31:21 AM
 #25

crypto space especially the meme ones are full of degens that tried to speculate so hard and the result is meme coin, they are really eager to find that chance to flip their money into millions even though the chance is slim.
from what I see they are willing to do that because they know if they happened to encounter some random meme coin that suddenly reaching 1 billion market cap they are settled for life since they try to invest as early as possible.
usually they are even trying to look out for newly generated ERC20 smart contract or token in solana and will try to snipe theme so I guess thats the overall reason.
the thing with slerf though the dev mistakenly burn all the presale tokens so everyone that speculates with meme coin think this coin will never get dumped by the presalers and therefore why its so hot right now.
but can't believe that bybit just gonna outright list this coin at some point if thats true.

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March 19, 2024, 01:47:19 AM
 #26

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
You still can't guarantee here. No one knows what the next action especially if it is memecoins which we all know are very volatile.
Sometimes jumping during hype can still make you profitable because you already know it can still go higher.

What's really important here is when, and where we exit or in short take profits because we already saw a lot of meme coins will pump then dump immediately.

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March 19, 2024, 02:35:23 AM
 #27



You know it is not a statement that can be agreed upon 100% that a meme coin is better than alt coin .Basically I think you have only you  gone through some good meme coin projects that have a successful future but I don't think so that you know about the meme coins that had you know catastrophic affects on the portfolios of some investors.They just came around by hearing something like this resulting into a investment into a meme coin and then lost their Assets and their portfolio was destroyed.There are many examples of it to support this yes there are some coins that may do well into the market but there are very less of the examples .

A meme coin is always ambiguous, it may perform well or it may not so you have to take certain risks if you want to invest into the meme coin. Alt coins on the other hands you know have a good probability of giving you good profits so if you can get an example of hundred meme coins only 10 of them may perform but if you get the sample of 100 alt coins I think so 80 of them will perform well and will give you good profits on investments.

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March 19, 2024, 03:02:12 AM
 #28

If it's a cryptocurrency other than bitcoin, it's likely called an altcoin, whether it's meme coins or serious projects. Predicting the next big thing after bome is challenging, but to earn significant profits, we must take risks and invest in meme coins. There could be many more projects like bome waiting to be discovered in their early stages, offering lucrative opportunities for early investors keen on seizing the potential of emerging trends in the crypto market.
The hype with the meme tokens is undeniably high, and of course its seasonal so it's really hard to predict the next big project.
If you are into meme tokens, better not to expect that much and just invest what you can afford to lose since meme tokens can also become a scam project. It's already a bull market, and there's a lot of hype already with the meme tokens, so make sure to be cautious and don't chase any hype, just wait for the right timing for you to buy.

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March 19, 2024, 06:15:33 AM
 #29

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 wanted to tell you that I read new news related to the IQ50 coin through their official account on X in this [tweet], and they mentioned that their coin has already been listed on MEXC, Bitget, and Hotcoin Global.

Congratulations! If you invested in this coin or the ones you mentioned before listing, their prices skyrocketed. Meme coins are a beloved game for whales; they can manipulate the currency's price with their capital as they please. I hope OP will try to control your greed. If you have made profits from this coin or the ones of the mentioned coins, you might end up losing everything you earned in another new coin you invested in. Because this does not mean that most of these projects teams' promises for listings will be sincere in the future, do not let the love of getting rich and collecting wealth quickly through shitcoins make you not see the risks to which your capital is exposed. You are investing in nothing and living on some hopes. There are real projects and tokens that are worth this risk. Don't waste your time on these memes.

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