Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now

[wheelz1200]

If this isn't a bubble I don't know what is.  No way am I deviating from bitcoin at this point.  All of these memecoins are useless and serve no purpose.  It's going to be a zero sum game and someone is going to be left holding the bag and it's not gonna be me.  I see no point in diving into memecoins at this point, too much risk.

[vs2014]

Your title is misleading because bitcoin is king in this crypto world and people invest here more risk free. If you want to risk more from memecoin then it will be up to you because very few memecoin will be long time and most memecoin will be lost in short time span. However everyone has different goals and investment objectives. You can buy any token for investment but profit can be obtained only with research and skill. You should enjoy the bitcoin bullish and grab a share of the profits.

[sunsilk]

No one will know if dogecoin will retain its position as the king of meme coins but we have known one thing on this market, nothing is permanent except Bitcoin to remain at the top.

Those that have been performing well like those that have been said, they surely have been part of the market as top 100 and they're winners of this market. But you'll never know if they're going to stay there for so long because not everything that's seen to be good now will be there after this cycle.

I am starting to see a lot of recreated meme coins with almost the same name has been made like cybonk, bome, etc. But I am not going to buy them.

[Abiky]

No one will know if dogecoin will retain its position as the king of meme coins but we have known one thing on this market, nothing is permanent except Bitcoin to remain at the top.

Those that have been performing well like those that have been said, they surely have been part of the market as top 100 and they're winners of this market. But you'll never know if they're going to stay there for so long because not everything that's seen to be good now will be there after this cycle.

I am starting to see a lot of recreated meme coins with almost the same name has been made like cybonk, bome, etc. But I am not going to buy them.

Why would a clone replace the original project in the future? It doesn't make any sense. All of the "meme" coins you see now are just failed attempts to recreate Dogecoin's success. They can't beat DOGE, the same way altcoins can beat BTC. I'd expect things to stay that way for as long as crypto lives. Developers are the ones getting rich out of foolish investors buying their worthless "meme" coins. It's a complete loss to be honest.

If you really want to build wealth, choose BTC instead. "Meme" coins are a gamble because they grow big and then end up forgotten and abandoned in the long run. They're only good for short-term profits. The higher the reward, the higher the risk of loss will be. Hopefully, the crypto market will mature as it moves away from hype and focuses into utility. Who knows if PEPE, FLOKI, BONK, and SHIBA's days are numbered?

[Phoenixtrader]

If this isn't a bubble I don't know what is.  No way am I deviating from bitcoin at this point.  All of these memecoins are useless and serve no purpose.  It's going to be a zero sum game and someone is going to be left holding the bag and it's not gonna be me.  I see no point in diving into memecoins at this point, too much risk.

I didn't know why this was funny when I read it. I think imo you shouldn't deviate from Bitcoin.. but memes might be a stepping stone to accumulate more BTC bags. Memes like SLERF, did decent numbers. Rn there's a potential for alts like BENDOG and the likes to do well. That's what I'm doing..I'm positioned on Bitget memezone to snip trending memes..

[Rasa nanas]

If we talk about performance it seems like WIF is the meme coin that has had the best performance this year. whoever held onto this meme coin from the airdrop has probably now made thousands or thousands of dollars. However this good performance certainly cannot beat Doge's popularity and Doge remains the most popular meme coin to date.

[Abiky]

If we talk about performance it seems like WIF is the meme coin that has had the best performance this year. whoever held onto this meme coin from the airdrop has probably now made thousands or thousands of dollars. However this good performance certainly cannot beat Doge's popularity and Doge remains the most popular meme coin to date.

That's the problem. If we already knew which "meme" coin was going to "pump", we would've been rich by now. They're like a game of chance where winning is based on pure luck. You could either win big or lose everything in an instant. Totally not worth it, in my opinion. If you've got money you can afford to lose, then go ahead. Otherwise, I'd suggest you choose serious cryptocurrencies with a long-term plan/vision instead (Bitcoin, Ethereum, Monero, etc).

Despite the fact that there are numerous "meme" coins on the market, only one has shown resilience over time. That "meme" coin is Dogecoin. I believe it will survive, while the rest go down the drain in an instant. Elon Musk is the one who started this craze, anyways. Without him, "meme" coins would be nothing today. Who knows what will happen in the future?

[Tmoonz]

The memecoin craze has returned in full force, with several meme-themed cryptocurrencies seeing massive gains recently. Leading the pack is PepeCoin (PEPE), which has skyrocketed over 60% in the last 24 hours.

Pepe is a memecoin based on the popular Pepe the Frog meme. It was originally launched in 2013 but gained renewed interest this year as the memecoin market heated up again. The recent price surge has made Pepe one of the top trending coins today, according to CoinMarketCap.

Other memecoins seeing big gains include Wif, FLOKI, SHIBA and Bonk. All doing impressive numbers over the weekend.

The return of memecoin mania also reflects the powerful momentum of hype and virality in crypto. Memecoins often have very enthusiastic online communities that aggressively promote their coin, fueling massive rallies. While memecoin investments are highly risky due to the volatility, the potential for explosive short-term gains is enticing many retail investors.

The comeback of memecoin mania is also indicative of the current bullish sentiment in the crypto markets. With Bitcoin and Ethereum recovering strongly in 2024 so far, investors are more willing to speculate on altcoins in hopes of parabolic returns. This is pushing up memecoins along with the broader altcoin market.

The big question is: which memecoin will perform best going forward this year? Could we see Dogecoin reclaim its former glory as the king of memecoins? Or will newcomers like Pepe, FLOKI, WIF and Bonk continue to steal the spotlight? I'll like to hear your views...

It depends on what you want, Bitcoin is never a quick and get rich scheme, and you must be prepare to be patient enough while investing in Bitcoin, but when it comes for other coins is more like a quick and get rich quick scheme, so it depends on what you want considering your risk tolerance level, financial situation, and your gials and objectives. Si every individual must make that inform idecision based on what will work best for him or her. But however the honest truth has been that Bitcoin is less risky when compared with other coins in as much as every investment comes withit shares of gain and loss.

[beerlover]

If we talk about performance it seems like WIF is the meme coin that has had the best performance this year. whoever held onto this meme coin from the airdrop has probably now made thousands or thousands of dollars. However this good performance certainly cannot beat Doge's popularity and Doge remains the most popular meme coin to date.

That's the problem. If we already knew which "meme" coin was going to "pump", we would've been rich by now. They're like a game of chance where winning is based on pure luck. You could either win big or lose everything in an instant. Totally not worth it, in my opinion. If you've got money you can afford to lose, then go ahead. Otherwise, I'd suggest you choose serious cryptocurrencies with a long-term plan/vision instead (Bitcoin, Ethereum, Monero, etc).

Despite the fact that there are numerous "meme" coins on the market, only one has shown resilience over time. That "meme" coin is Dogecoin. I believe it will survive, while the rest go down the drain in an instant. Elon Musk is the one who started this craze, anyways. Without him, "meme" coins would be nothing today. Who knows what will happen in the future?

Yeah true, pumps are unknown and we have no idea which one will go up and which one won't. I think the fact that we are looking at the market and not understanding why even the ones that went up even went up, talks about the situation enough.

Like I see one of them go up 25% one day, and I look at it and there isn't even a news about it, like if there was some new feature or something new then I would at least sort of understand it, like some new development occurred and now they can use it for something or whatever, none of that. Nothing happens to a meme and it just gets hyped and go up. I believe most of them are just pump and dumps, rich people just buy a lot, pump it, and then dump it on all those people who gets hyped.

[AnonBitCoiner]

I think that until now Doge remains the king of meme coins because so far there has been no meme coin that can beat Doge in terms of market capitalization and popularity. It is very difficult to replace Doge as the king of meme coins because Doge was the first meme coin and was the beginning of the creation of meme coins.

Yes dogecoin is more beneficial than other meme coins but currently there are lots of other meme coins which are new but they are performing well. It is true that no other meme coin can become more profitable than doge coins but the current profit is due to the current Bull season and coming halving situations.

Doge is the first successful meme coin after which people often prefer Shiba because both are successful meme coins but I think that pepe coin is also an advantageous coin other than doge and Shiba.

[Abiky]

Yeah true, pumps are unknown and we have no idea which one will go up and which one won't. I think the fact that we are looking at the market and not understanding why even the ones that went up even went up, talks about the situation enough.

Like I see one of them go up 25% one day, and I look at it and there isn't even a news about it, like if there was some new feature or something new then I would at least sort of understand it, like some new development occurred and now they can use it for something or whatever, none of that. Nothing happens to a meme and it just gets hyped and go up. I believe most of them are just pump and dumps, rich people just buy a lot, pump it, and then dump it on all those people who gets hyped.

It's a crazy world we're living these days. People are wasting their time and money on "shitcoins" with no substance behind them. What does a "meme" coin provide that Bitcoin doesn't have? They're driven by hype/speculation more than anything else. If you buy a "meme" coin, expect to lose everything in an instant. You'd be lucky if the coin you've selected becomes a big hit. I've never though Dogwifhat "meme" coin was going to rise all the way to the moon. If I knew that was going to happen, I would've put my life savings on it.

Lets hope the industry matures in the long run. As long as we get more projects focused on utility (instead of hype), there should be nothing to worry about. I'm 100% sure Dogecoin will remain the sole "meme" coin on the market, while the rest will fade away into oblivion. Just wait and see.

[Ndabagi01]

On how many times meme coins are making waves in the market and making a lot of early investors in them profitable doesn’t mean they can be dependent on for the long term gain. Anything can happen and as we all know, most of the meme coins don’t stay long in the market and can easily crash out at anything. We have seen better ones in the market recently that can be dependent on to some extent like the ones you’ve mentioned in the title of your post and the ones that are still in the market and flowing and resisting the market pressures. This does not still give a guarantee to be fully relaxed when inventing in meme coins, always invest with cautious and be ready to lose money as well as gain some if they eventually pump after investing in them.

[JoyMarsha]

It is insane to come to a crypto space like this, to talk people out by telling them to forget about bitcoin to invest in memecoins which are a pump and dump coins that can fall to zero or gain a lot in price within a short time.

Don't feel too good about the profits you are seeing in memecoins because when they begin to dump, they dump harder than expected. All these memecoins you mentioned have made much profit for their investors without a doubt, but let's wait until the crypto market has a correlation price towards Bitcoin, we can then tell how potential they can be when bitcoin falls in price. I can see them falling heavily in price by then(the correction of bitcoin)

[Rabata]

Your title is misleading because bitcoin is king in this crypto world and people invest here more risk free. If you want to risk more from memecoin then it will be up to you because very few memecoin will be long time and most memecoin will be lost in short time span. However everyone has different goals and investment objectives. You can buy any token for investment but profit can be obtained only with research and skill. You should enjoy the bitcoin bullish and grab a share of the profits.

Those who think about holding meme coins will never reach their goals. In every bull market, a new meme coin rises in popularity temporarily, but when the bull market ends, that meme coin also deteriorates and cannot reach the heights it reached in any other previous bull market. That means it will get ATH only once because of the hype. As we have observed in Shib Inu token. This year Bonk and Book of meme will also feature the same image. Your are the owner of the assets your responsibility to maintain these assets. What you do is up to you. There is certainly no alternative to Bitcoin when it comes to risk factors. meme coin can never be a reliable investment.

[Kavelj22]

I notice that many here share my opinion that the title of the topic is very misleading on many levels; First, the topic mainly deals with currency projects with the aim of encouraging investment in them, and I believe that there is no need to make a comparison with Bitcoin or anything else to reach the conclusion “forget about bitcoin...” Secondly, because there is no comparison between Bitcoin and any other network or coin at all levels. No one doubts the technical and market solidity of Bitcoin, which it has succeeded in proving over the past years, while all the projects you mentioned are still new to the market and subject to various possibilities, most notably the sudden collapse of the market value.

I am surprised that your list also includes memecoins, which I consider to be confirmed scam projects.

[Sophokles]

It is insane to come to a crypto space like this, to talk people out by telling them to forget about bitcoin to invest in memecoins which are a pump and dump coins that can fall to zero or gain a lot in price within a short time.

Don't feel too good about the profits you are seeing in memecoins because when they begin to dump, they dump harder than expected. All these memecoins you mentioned have made much profit for their investors without a doubt, but let's wait until the crypto market has a correlation price towards Bitcoin, we can then tell how potential they can be when bitcoin falls in price. I can see them falling heavily in price by then(the correction of bitcoin)

This pump then dump fear is valid for the whole altcoin market? Any altcoin can see a massive dump no matter how big the project becomes. I think LUNA and UST have already created this fear that no altcoin is big enough to fall. I am pretty confident that most of the investor knows this and they think same about the meme coin too. What they saw is a bit more risk but a higher reward chance to get. But it is not advisable to invest in a meme project by selling your bitcoin or other major alts.

[Mehedi72]

I really found your title interesting. And it's too that memecoins are returned with their full force. We have seen lots of memecoins, have gained huge marketcap as well as volume and become archivement good position in crypto market and yet they are being traded successful and keep increasing rather than disappeared. Such performance forced to us rethink about memeocin investment. Although Memecoin can gives us big amount of money but we Might lose out fund by investing them