Memecoin hype getting higher

[Mpamaegbu]

Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

Someone said that in the bull run nothing else makes sense except hype and that's what we see with memes now. The market is getting crazy and most people aren't even concerned about the utilities of these tokens, if they actually have any or not. Where the hype is, is where the money goes and that's where the noise is. Memes are where the noise and hype are now. However, it's good to note that many people will get burnt investing in memes this circle. Greed will do so many in who wholeheartedly think cryptos is a sure bet to riches and they erroneously believe every investment in meme will turn up a great ROI. The caveat here, in my opinion, is for people to only invest what they can afford to lose. Nothing more. Otherwise, there's going to be enough heartbreaks and stories that touch the heart resulting from meme investments.

[nimogsm]

It is important to beware of meme coin's hype as it has the potential not only to rise in value within a short period, but also to fall in value within a short time. The hype in most cases can only sustain the meme coins value only for a while. The next unfortunate thing is the sudden collapse of the meme coins value - leaving unsuspecting investors at a huge loss. This usually happens due to greed on the part of investors because they want to get rich fast. Most  meme coins project owners cash in on this 'weakness' on the part of investors. Investors especially newbies should be very cautious when you plan to invest on meme coins. 

Great interest in meme tokens is fueled by news resources. Even today, an acquaintance who is far from the world of the crypto industry wrote to me and said that he would like to invest several hundred dollars in some kind of meme coin because it brought millions to someone. This is the whole essence of today’s hype, most people want will buy a million tokens for a dollar and sell them for a million dollars.

[irhact]

Someone said that in the bull run nothing else makes sense except hype and that's what we see with memes now. The market is getting crazy and most people aren't even concerned about the utilities of these tokens, if they actually have any or not. Where the hype is, is where the money goes and that's where the noise is. Memes are where the noise and hype are now. However, it's good to note that many people will get burnt investing in memes this circle.

Every individual wants to make profits from investing in cryptocurrency and they'll be looking for the trend that's getting hyped. Memecoin is the current trend that's getting hyped therefore alot of investors will be investing into it and the hype will keep getting higher. The more news of investors making money from memecoin keeps coming out so will more investors will want to make profit too and they'll be investing in memecoins. Memecoin are very easy to promotion also.

Memecoin don't need to have any utility, they just have to be popular to get the attention of investors. Many individuals want to make quick money and they see memecoin as the investment that'll make that to happen. As you're investing in memecoin, be careful so you don't invest at the wrong time that the market of the particular coin that you invested into is dumping as you'll be left with no individual to sell to.

[evichi]

I think the current meme coin hype is fueled by the bull run. Blockchains that experience growth during this bull run will likely have a number of meme tokens on its chain. a typical example is the surge of meme tokens on Solana chain. In my opinion, it is important to carry out detailed research before making any investment especially new meme coins and altcoins. Meme coins have the tradition of gaining value due to hype and also losing value value shortly once the hype is over. It is advisable to invest only what you can afford if you insist on investing on meme coins, otherwise, I will suggest you invest in  bitcoin or ethereum - just my opinion.

[tygeade]

Someone said that in the bull run nothing else makes sense except hype and that's what we see with memes now. The market is getting crazy and most people aren't even concerned about the utilities of these tokens, if they actually have any or not. Where the hype is, is where the money goes and that's where the noise is. Memes are where the noise and hype are now. However, it's good to note that many people will get burnt investing in memes this circle. Greed will do so many in who wholeheartedly think cryptos is a sure bet to riches and they erroneously believe every investment in meme will turn up a great ROI. The caveat here, in my opinion, is for people to only invest what they can afford to lose. Nothing more. Otherwise, there's going to be enough heartbreaks and stories that touch the heart resulting from meme investments.

Yeah true, we just see the hype about everything, I mean there were "ape nft" stuff just a few years back that everyone jumped in and spent hundreds of thousands of dollars, where are they now? Bitcoin went over its ATH of that time, did those NFT's? Of course not, they are still gone.

I bet you that all these meme stuff are looking good for the time being but it will not do that well on the long run when given enough change, I think we should probably consider seeing this as something that will take a bit of time but eventually people will realize memes are terrible investments. Let them have any type of investment that they want, nothing will change the situation and we should probably avoid investing into it all together.

[Jonyshake71]

That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting

[deathcode]

That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting

I don't think it's because people are getting very serious about Memcoin. but seeing the opportunities that exist in memecoin with small capital they hope to get several times more than them.
some memecoins may make some people profit. But you also have to see how there are more memes that are detrimental at the moment.
everything currently depends on our wisdom in choosing assets to invest. not all memecoins will be like doge or shiba.

[terrific]

That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting

I do believe that those marketing stunts that have been used through shiba and other meme coins through twitter was successful.
Whoever thought of that and did the execution was a genius and was able to garner a lot of attention from most investors that are wanting to quickly see their money grow. While the majority have already missed it but those that were able to make it, congratulations to most of you.

[Alone055]

everything currently depends on our wisdom in choosing assets to invest. not all memecoins will be like doge or shiba.

The fact that no wisdom or knowledge or experience can make one know which meme coins are going to perform makes investing in meme coins the worst idea despite the potential rewards attached. I understand that people who invest in meme coins are greedy and they do it only so that they can get huge returns on their investments, but they need to understand that they are not supposed to invest a lot of money in them regardless of all the fake promises and stuff they utter to lure them.

Meme coin investments are similar to gambling because in gambling you make a bet and you don't know what the outcome might be, you then wait for the result of the bet to see if you have won or lost the bet. Similarly, when you invest in an altcoin, you are making a bet on it, and then you wait for the results. If the coin manages to gain enough hype and investors, you will win the bet and get some returns, and if it doesn't manage to do that, you lose.

[Mehedi72]

I don't consider this things as negative cause crypto market is build with different altcoins with different category. So is for memecoin and The meme season will never end. Mememcoins aren't lead the crypto market, right? It just giving us Choice. If you need higher ROI, then jump in meme ocean, otherwise forget it and focus on potential altcoins only. It comes to loss only if you irresponsibly invest in memecoin with greed but without knowledge. Memecoins are fine at their own place until you decided to go with them. So be careful to dealing with

[R100K-Martin-Lunger]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

MEME coins are risky, but they do yield profits and its pretty cheap so I think its natural that people flock towards it. There are alot of altcoins like this.

[ultrloa]

That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting

I do believe that those marketing stunts that have been used through shiba and other meme coins through twitter was successful.
Whoever thought of that and did the execution was a genius and was able to garner a lot of attention from most investors that are wanting to quickly see their money grow. While the majority have already missed it but those that were able to make it, congratulations to most of you.

The fame gathered by those project are been used by certain new meme coins to attract a lot of investors since they want to leave an impression for all user that there's same like situation will happen to their new project that's why to many people got hype for thinking that they could able to earn a lot of money and they don't want to missed those new meme coins launched. This is risky since we know there's a lot of scams that's why we should never over expect on something risky since its hard to find a what they called gem. So much better for investors still taking all the risk to lower down their expectation and if there's a opportunity to sell then maybe they should do it before a dump or a dev will decide to abandon their tokens since for sure they provably lose all their money if that incident already happen.

[Yatsan]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

MEME coins are risky, but they do yield profits and its pretty cheap so I think its natural that people flock towards it. There are alot of altcoins like this.

Indeed risky, but as long as it could give profit to the investor then it will be fine engaging into such tokens, just be sure to mind the risk given how volatile these memetokens are. Normal DCAs would do and also, profits aren't cheap if you would learn how its market price move. It depends of course on the amount you will invest, but always make sure to know your risk appetite.

That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting

I do believe that those marketing stunts that have been used through shiba and other meme coins through twitter was successful.
Whoever thought of that and did the execution was a genius and was able to garner a lot of attention from most investors that are wanting to quickly see their money grow. While the majority have already missed it but those that were able to make it, congratulations to most of you.

The fame gathered by those project are been used by certain new meme coins to attract a lot of investors since they want to leave an impression for all user that there's same like situation will happen to their new project that's why to many people got hype for thinking that they could able to earn a lot of money and they don't want to missed those new meme coins launched. This is risky since we know there's a lot of scams that's why we should never over expect on something risky since its hard to find a what they called gem. So much better for investors still taking all the risk to lower down their expectation and if there's a opportunity to sell then maybe they should do it before a dump or a dev will decide to abandon their tokens since for sure they provably lose all their money if that incident already happen.

Heard of projects becoming rugged after a few weeks and I agree that it should be something to watch out for. My advice is to not 'sit' that much on the new ones and to just get an easy 10x as you limit and signal to get out if you will be interested to take the risk. There are also established names in meme coin industry such as DOGE and SHIB to name a few, which could be great options. I'd say, the volatility in meme tokens aren't for everyone qho are just riding the hype.

[God bless u]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

The examples you just mentioned are some of the projects that had made people billionaires but why you're not listing the examples who had made people to suffer from losses of billions?

This is not fair that you only list and mention one side of the story and ignore the other. People will start to think that most of the meme coins will make them billionaires but that's not reality. The reality is opposite to it, most of the meme coins will make you bear losses nothing else. Yes there are some good ones also but they are very few in numbers.

[yazher]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

Because of its low price at its early stage and when the project becomes popular in the future, the price will likely spike, people are hyped to buy each of them at their budget because they can afford it and they can't afford to lose the chance to buy it while it's still at its lower price. But when things like this happen in the crypto industry, you can see most people look for it as the scammers use this opportunity to create their pump-and-dump meme coin as well to fool the other newbie investors and lure them to invest their fake memecoins that have no future development or whatsoever.

[GigaBit]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

People's desire for meme coins is always high. Because an investor can be most profitable by investing in meme coins. However, early investors in these coins only get more profit. Meme Coins may not be profitable for everyone. An investor must be aware that not every meme coin makes people a millionaire, investing in meme coins is risky like gambling. Because few meme coins are pumping and most meme coins are down to zero. Maybe out of 100 meme coins, 3 meme coins are good and 97 meme coins are fake. There is no guarantee that every meme coin will make a person a millionaire, so investing in meme coins and gambling are equally risky. As long as there is hype, the value of this coin will decrease as soon as the hype ends.

[Hyphen(-)]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

The demand of meme coin is as a result of hype in n the market because of the money a lot of people make from it. And many people are forgetting that hype is not constant and these coins will fade with time.

FOMO is happening recently due to the Bitcoin halving anticipation, and this little correction alone has chase a lot of people out of market b cause their expectations are much and they are not patient enough to hold and altcoins are not reliable.

Only people that invested early in meme coins have the opportunity to earn a lot from it, others are just there to manage the little they will get because early investors that take the risk are always the ones with the huge profit.

[vs2014]

That's true op. Memecoin hype wasn't new, it started from shiba when $12 worth shiba turn into million and then dogecoin skyrocket and become in top10 list. After that, memecoin hype was started. But its true that, i experienced too much memecoins were keep launching since 2023 and so is happening in 2024. And you can see, these memecoins marketcaps are also huge.that indicates people are getting more serious and involving more with memecoin then before. But this is just a start cause when bull run will start in altcoin sector, many crazy things are waiting

I think an old story won't make your investment better because once the price of bitcoin was low but now it has gone up a lot so you won't get back the old price situation. Not only shiba you should know that dogecoin price was very low and it created huge hype for elon musk. A lot of memecoins are popping up at the moment but it's hard to find a good memecoin and most memecoins get hype for a short period of time and then die. However from your own research you can buy any best token because good token will give you best retur.

[Oasisman]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

MEME coins are risky, but they do yield profits and its pretty cheap so I think its natural that people flock towards it. There are alot of altcoins like this.

Though this statement is correct, but the risk associated with it are way too great compared to other alts that has a real use cases. It could be cheap, but the chances for most of the meme coin to succeed are almost nothing. This is the same reason why a lot of people are chasing for profit against memecoin and that is how the memecoin hype was created, because people wants to have the easiest and fastest route to earn money. I am quite sure the hype wont end sooner as long as there are still a lot of people who are chasing easy money.

[EarnOnVictor]

It's true that people always have interested in memecoin. I heard many strange memecoin names. i avoided those and was launching at corner. But it seems revolution happened in memeocin industry in the start of 2023. In that yeat, a lots of memecoin had come in crypto market and made people millionaire. Pepe, Bonk, Meme and so on. and in 2024 WIF and BOME again have created hype and made people millionaire again. Now memecoins are in demand due to the possibility of higher returns. And it makes people crazy. What's your opinion about this?

I am confident to say that the hugest return that I've realised in my crypto activities was through the meme coins, and practically, I have the same belief in meme coins because the cryptocurrency industry itself is a virtual industry that is being made valuable due to people's money. For this, how are meme coins different from other coins linked with some projects? The reality of what we see now speaks volumes, and it was mainly the dominance of the likes of Dogecoin, Shib, Pepe, Floki and others initially, but when these meme coins were unable to live up to expectations after the last bull run coupled with the magnitude at which they dropped, it created fear in the minds of people, so they relaxed in them.

This is even as many meme coins created later did not perform up to expectations. This was a huge discouragement for people, but thanks to the upgrade and higher scalability in the Solala ecosystem, this did not only help Solana but also the projects listed in it. No wonder the likes of BONK, BOME, WIF and others performed so well. Solana actually made this happen, so I expect nothing less, and now, many projects are being listed on the Solana ecosystem and I advise everyone to be on the lookout for it as it is where bias has shifted lately.

Due to this, meme coin or not, it has a high likelihood of performing well with the Solana ecosystem.