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Author Topic: how long do we think memecoins narrative is going to last ?  (Read 656 times)
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March 26, 2024, 04:53:43 PM
 #21

I know there have been a lot of discussion about memecoins during their prime. Especially when Bonk and shiba 50-100x some people's few weeks ago but then again the rise of new memecoins like OMNI which I stumbled upon, the first memecoin distributed on multiple chains with liquidity pools, and powered by the groundbreaking protocol LayerZero. It offers something truly unique in the world of memecoins.

Isn't it too late for that? I know in crypto there's nothing like been late but what I mean is. Just like we have Altseason, meme season etc.. Is true they have good community and I realised they have been listed on Bitget, Mexc etc and I also read some places that they have plans of getting listed on Binance.

Now, do you really think this memecoin will do a thing especially when I believe the meme season is over
I am not sure what the timeframe you are talking about is when you talk about being "late", as there have been meme coins from the start, and that has been just a growing industry. And weirdly the inflow of money to alts make so many memecoins rise that people tend to ignore how saturated markets are and how many of those tokens have died on arrival.

If you are asking when people stop investing to new meme coins and have zero changes getting their money back or when top memecoins are staring to go down again, it's probably when altcoin season in general is over again, and that could be a year. Before that they bounce up and down and people think they die every time.

Unless some top meme tokens right now won't turn into huge scams, people see them as lottery tickets. As newbs don't have a clue about marketcaps and tokenomics, and invest into them because they are $0.000000000000000007 per full token. So they think they are "cheap".

And reason i think meme tokens are not dying ever is because tech on other coins are too complex for normies to compare. They have too many different attributes that people compare even though they aren't even comparable, as for example tps can be high or tx low, but people don't ask why, nor they wouldn't understand the answer. Memecoins are easy to grasp, and they make people feel happy.

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March 26, 2024, 04:54:44 PM
 #22

Meme coin hype won't diminishes in this season and on the contrary i am seeing that meme coin is evolving in a different way that is totally unique. New meme project is trying to add stories that they are calling a game theories where the community will have a chance to earn reward by choosing different ways in their stories. This is actually unique in concept.









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March 26, 2024, 10:03:32 PM
 #23

Isn't it too late for that? I know in crypto there's nothing like been late but what I mean is. Just like we have Altseason, meme season etc.. Is true they have good community and I realised they have been listed on Bitget, Mexc etc and I also read some places that they have plans of getting listed on Binance.
Now, do you really think this memecoin will do a thing especially when I believe the meme season is over

The meme season isn't over as we haven't had the bull market yet. This is only the beginning, alot of altcoins will still have their season and memecoins will still have more times that it'll give projects to those that are investing into them as it'll pump again. Memecoin pumps and dumps therefore we should be expecting the projects to pump again after they're done dumping together with the market. Memecoin can't be pumping always when they don't have any utility.

Don't believe everything that you read about a memecoin project as some of the things being rumoured to be done are only rumours to cause hype for the memecoin as they need hype to stay relevant. Many memecoin don't do anything to improve the project but there's always news to keep their investors and new investors happy about the project so they can get more investment coming into the project.

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March 26, 2024, 11:27:10 PM
 #24

     During this bull run, many communities in the cryptocurrency field are hoping to make a big profit by investing in meme coins, especially now that most of the meme coins making noise are under the sun. network that is no doubt also making good developments in its blockchain network.

     Now, in the history of meme coins, the chances are also high that their price values will increase in the market, but we don't know if they can reach x30, x50, or more during a bull run. Just remember that every investment has a risk attached to it, and you should always be aware of that.

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March 27, 2024, 03:16:07 AM
 #25

     During this bull run, many communities in the cryptocurrency field are hoping to make a big profit by investing in meme coins, especially now that most of the meme coins making noise are under the sun. network that is no doubt also making good developments in its blockchain network.

     Now, in the history of meme coins, the chances are also high that their price values will increase in the market, but we don't know if they can reach x30, x50, or more during a bull run. Just remember that every investment has a risk attached to it, and you should always be aware of that.
The price increase in Memecoin is very fast and maybe it's time to take advantage of the profits you get from Coinmeme. and don't expect meme coins to last long and the price to continue to rise, because meme coins were actually created for fun, not as long-term investment assets.

So in my opinion it would be better if you choose altcoin investments that have clear projects and fundamentals. It's not coins that can make you suddenly rich but can also destroy your finances in an instant.

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March 27, 2024, 07:00:50 AM
 #26

Meme coin hype won't diminishes in this season and on the contrary i am seeing that meme coin is evolving in a different way that is totally unique. New meme project is trying to add stories that they are calling a game theories where the community will have a chance to earn reward by choosing different ways in their stories. This is actually unique in concept.

I agree with you that meme coin hype and the narrative that they have set will not fade away easily. Everyone in the industry thought the same about NFTs and now some investors only trade and invest in NFTs they are not interested in altcoins or Bitcoin. I think the same stage is coming for meme coins they already have a dedicated community who are committed to investing in them. Regardless of which blockchain is being used you will find them showing interest in meme coins. This amount of new meme coins that are coming up shows that the developers of these meme coins know what the community is looking for.

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March 27, 2024, 07:48:28 AM
 #27

I think there still is the possibility for a coin to make returns however I wouldn’t put my money on a memecoin if I am expecting 50x-100x. Unless of course you find something worthy to invest on. You can definitely still buy memecoins and get profit but only if you hold short term and nothing more. Otherwise, I think it would just be bad news for you.

Meme coins are going higher with passage of time but this all happens because of Bull season and everyone knows better that all these meme coins will decrease once Bull season ends and may be some of them never shows such surge again.

Just hold meme coins and sell it when you see your holded coins to go up because meme coins are highly untrustworthy coins for long term holding. Many meme coins devalued and never attain its original price ever so don't think that meme coins will be trustworthy as that of other altcoins as risk will always be there.



 

 

 

 

 

 


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March 27, 2024, 08:03:49 AM
 #28

I think it's never too late to start. The market is always open 24 hours. The challenge is what coin we should choose. Because investing in memecoins is very risky and can lose money very quickly. Of course, looking at communities and conversations on social media and forums, it's possible to get some insight. But you still have to carry out analysis to be able to see and look for potential in the future. Memecoin may be used for short-term investment by capitalizing on its hype. But for long-term invesment, I think memecoin lacks certain innovations that can make people continue using it for long term. But everyone has their own thoughts. What is certain is that you must still calculate the risks of your investment.
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March 27, 2024, 11:00:30 AM
 #29

Many meme coins are showing appreciation around the current Bitcoin price rise and are offering great returns from there. Many people are investing heavily in meme coin as the price is cheap and expect high value from it. During the current bull season, when I hear the news of 50 times, 100 times price increase in two-one coins, people jump more into meme coins. The price of meme coin rises and falls quickly. If you choose the right coin you can use this time to take some profit. If you prolong your investment you can lose your money quickly if you use meme coin. Invest at your own risk when investing in meme coin and do not invest in meme coin without doing a lot of research.

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March 27, 2024, 11:32:55 AM
 #30

Many meme coins are showing appreciation around the current Bitcoin price rise and are offering great returns from there. Many people are investing heavily in meme coin as the price is cheap and expect high value from it. During the current bull season, when I hear the news of 50 times, 100 times price increase in two-one coins, people jump more into meme coins. The price of meme coin rises and falls quickly. If you choose the right coin you can use this time to take some profit. If you prolong your investment you can lose your money quickly if you use meme coin. Invest at your own risk when investing in meme coin and do not invest in meme coin without doing a lot of research.

I don't think anyone will invest in memecoin on a large scale. Everyone knows that memecoin is quite risky, therefore most of them will not invest much of their money there. buy within reasonable limits and if they are lucky they can get big profits if the price increases many times over.
there are quite a lot of memecoins, I think there are more. Those who like memecoins will buy more memecoins but in small quantities. not buying a large amount of one meme coin.









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March 27, 2024, 11:39:48 AM
 #31

I don't think anyone will invest in memecoin on a large scale. Everyone knows that memecoin is quite risky, therefore most of them will not invest much of their money there. buy within reasonable limits and if they are lucky they can get big profits if the price increases many times over.
there are quite a lot of memecoins, I think there are more. Those who like memecoins will buy more memecoins but in small quantities. not buying a large amount of one meme coin.
you will be surprised with the data, in some sol platform for dexes it shows that whales are in line buying meme coin with huge amount and we are talking about hundred thousand dollar minimum and its not rare to see investment reaching multi million dollars if not more invested into meme coin in solana ecosystem alone, you can imagine the meme coin that resides in ethereum they will definitely have big chunk of investment, even whales are nowaday focused on trading meme coin as well because they see it as more profitable than just trading normal coin sometime, but they will definitely take altcoin trading more seriously but saying that meme coin investments are generally small is definitely wrong.
meme coin exists for these whales to flip their million dollars into few hundred if not thousand percent capital gain thats it at the expense of people buying at peak.

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March 27, 2024, 04:01:32 PM
 #32

Quote
Re: how long do we think memecoins narrative is going to last ?
There's no specific time on when it will last, and no one can tell when it will happen.

Narrative you mean hype right? Because if that's the case then it can happen anytime. Remember when Elon Musk just promoted DOGE out of nowhere? Nobody expected it to happen. The meme coin narrative right now is kind of expected though since Solana has been the most popular coin on the internet for the past months, and because of this, there are many meme coins that are being created and unsurprisingly, some of them pumped up in price already.

On the other hand, this is the reason why I don't recommend buying, and holding meme coins for a long period of time. It's because most of these meme coins are very risky because of how it's price pumps. Most of them have no use-case at all, and most of them are purely driven by hype. When the hype is gone, only a few of them will survive, and most will fall leaving the investors with a huge amount of losses. Overall, the narratives around meme coins has no specific time frame, but if you want to invest on it, just beware as always. Smiley

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March 27, 2024, 05:20:24 PM
 #33

Now, do you really think this memecoin will do a thing especially when I believe the meme season is over
From time to time weve seen some meme season sprung and sometimes the narratives move than them. It depend actually. There are times that even on an unexpected time we can see these memecoin on tops even right now. But it will end eventually its like the money goes wheres the hype is around. Its not forever so expect a downtime too on memecoins.

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March 28, 2024, 05:55:24 PM
 #34

I can't even believe that it has lasted as long as this, so it's really a shocking result to me. I get that it is not going to be forever and eventually it will finish but that doesn't mean that we are going to see it go down right away. Seems like people are still interested in it, and I get that it is not going to be simple to make it go away neither. I hope that we could see it grow a lot better, which should be fine in the end.

The main problem with what we have right now is that we are focusing too much on what we are making, and not enough on what the long term help towards the humanity along with our profits. I am not saying make a loss, still make a profit, but make a profit with something that will have a good imprint on the world.

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March 28, 2024, 06:07:20 PM
 #35

If am not mistaken, dogecoin should be among the first (if not the first) memecoins in crypto and it is almost as old as btc. Hope you get where am going.
Now since dogecoin, there have been thousands of memecoins coming up daily, some will last just a day and others managed to survive.

The crypto community love memecoins and for that simple reason, memecoins will last as long as the blockchain exist, don't deceive yourself thinking memecoins will disappear soon. As some are dying more are being created. See how WIF is topping the memecoins chart.  Grin

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March 28, 2024, 06:11:58 PM
 #36

I know there have been a lot of discussion about memecoins during their prime. Especially when Bonk and shiba 50-100x some people's few weeks ago but then again the rise of new memecoins like OMNI which I stumbled upon, the first memecoin distributed on multiple chains with liquidity pools, and powered by the groundbreaking protocol LayerZero. It offers something truly unique in the world of memecoins.


Isn't it too late for that? I know in crypto there's nothing like been late but what I mean is. Just like we have Altseason, meme season etc.. Is true they have good community and I realised they have been listed on Bitget, Mexc etc and I also read some places that they have plans of getting listed on Binance.

Now, do you really think this memecoin will do a thing especially when I believe the meme season is over

     The meme coins in the crypto market have recently been a hot issue, and some of those are the WIF, Wen, and Bome, and other meme coin memes that we see potential for.

     Now this is one of those who can see if other investors can be in trouble, and that is when they see that there is a short period of time, JBang investors immediately think that all meme coins will be 100 like others, or more, something isn't that. We should still be researching, of course, and being cautious is still needed.

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March 28, 2024, 06:28:07 PM
 #37

There seems to be a lot of memecoin movement these days which I don't find favorable. A very small number of memecoins will survive in the crypto market and most memecoins will die a sudden death. So you need to be more aware for proper memecoin investment. As the sudden pump of some memecoin may drive you crazy but investing there will definitely make you lose. Because they create such uncertain pump to sell their tokens. What you need to advance is to do some research and invest in projects that have future potential.

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March 30, 2024, 05:53:16 AM
 #38

.....

Now, do you really think this memecoin will do a thing especially when I believe the meme season is over

i'm not that interested in meme tokens even when they use the best protocol in the world. because meme tokens are still memes, and they only rely on market speculation and i'm not really sure about market speculation and the games of these meme token holders. maybe some people say that it's still a thing, but i'm not too sure that it's still a thing in the future.

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March 30, 2024, 07:46:49 AM
 #39

There seems to be a lot of memecoin movement these days which I don't find favorable. A very small number of memecoins will survive in the crypto market and most memecoins will die a sudden death. So you need to be more aware for proper memecoin investment. As the sudden pump of some memecoin may drive you crazy but investing there will definitely make you lose. Because they create such uncertain pump to sell their tokens. What you need to advance is to do some research and invest in projects that have future potential.
The future is here and we should grab them with significant potentials. When it comes to memecoins, make sure to conduct thorough examination; they only form trends when they have bullish candles, and anytime the bear season approaches, it bodes terrible news for these projects and leads to the liquidation of investor's trading accounts. Memecoins seldom last long on the market and are constantly on the verge of being hit by the bear season. I'm aware of many memecoin ventures that do not produce bullish runs, but instead collapse from the point.

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March 30, 2024, 10:07:14 AM
 #40

-snip-
Now, do you really think this memecoin will do a thing especially when I believe the meme season is over
Point of correction, the meme coins season is not over, not in this present bullish season, and if you could say that meme season is over, then the cryptocurrency season is also over, which is not so. Many meme coins follow the path of Bitcoin, with a little difference, so when Bitcoin rise further, you will get your earnings through the meme coins if you invest in them, but ensure you invest in the right ones.

Besides, meme coins are important in the crypto space and I believe that it is a few we've seen yet, when it comes to the next 10 years, more of them will have been unveiled and they will move significantly up. This also depends on the popularity of the meme coin and the blockchain it is being created.

Lately, it is the Solana ecosystem that is gaining more relevance and this is even shifting the relevance away from the old meme coins gradually. All (some old and new meme coins) will continue to be relevant and appreciate in price this season. Many of them will be created newly also, and many will certainly move up to make investors smile before the bull run is over, especially during altcoin season.

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