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Author Topic: how long do we think memecoins narrative is going to last ?  (Read 902 times)
oktana
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June 02, 2024, 11:59:20 AM
 #101

What would you say that brings the meme season? To me it’s ways about hype. Nothing else makes memecoins to pump other than the noise created by the community. So I’m not sure about meme seasons but I believe that memecoins are usually prone to pump or dump at any given time: It’s like when you’re in a football field. The crowds cheer and creates tension and that motivates the player to try scoring. And if the crowds aren’t cheering, he may lose motivation too. Memecoins are best to be done knowing that you may not get the money back. Doesn’t mean you won’t get it but having that mentality saves you some tears.
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June 03, 2024, 01:24:35 AM
 #102

For me, memecoin season isn't over yet. I've seen people making good money from memecoins lately. Also, people are recreating same kind of memecoin on another blockchain and they still pump. Example is Pepe on sol, pepe on Base and so on. I can also say that memecoin on base network made it more active than Zksync network.
Will never be over I guess. Memecoins are simply tokens which market prices are highly affected by serveral factors; market behavior in general, hype, and market manipulation from big investors. It can easily be triggered by those factors I've mentioned. There are people who keeps on making money from these campaigns. As long as there is/are reasons for its existence then it will be there. However if it is with which memecoin could be on top of this narrative, then it would be hard to tell. On a daily basis, there are many meme projects being introduced across different exchangers and any of those could replace on the other hand. These coins are already a part of this growing industry. No development is expected with most of these coins but if it is just with market existence the  every coin has it.
It looks like memecoins are not going away, like you said. Memecoins are getting more popular than before. New ones are being made every few seconds, especially on Solana and Ethereum. And as you mentioned, they may actually be helping the crypto market in some ways. But I'm not sure about their effect on the market's reputation, because I've seen some people complaining about that

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