Solana Memecoin Mania: Could This Be the Next BONK?

[VicManton]

It seems something weird is happening over in the Solana memecoin sector. There's this new project, all about super cute mascot, vibes inspired by that classic meme frog, you know the drill. They burned the liquidity, yada yada... basically trying to pull a BONK.

But truth is it's actually surging. The trading volume is insane, the price chart looks hilariously vertical, and it's snagged a listing on a major exchange soon. Are we witnessing the birth of another memecoin monster, or is this a flash in the pan?

The community is frothing at the mouth, which, okay, is expected. I'm half-tempted to throw some pocket change at it just for the absurdity, even if I fully expect it to implode beautifully.

Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

[JamesDaniel90]

Have $200 in Myro - Bought 4000 when it was @ 5 cents few months ago.

Have no idea how high it can go but it has already seen $0.44 so think I will hold till at least $2 which would give me a nice 40x to then reinvest the profits into something safe.

[mk4]

They burned the liquidity, yada yada..

You referring to Slerf? I hold a very small bag and I'm actually surprised how it's performing so bad after all that hilarious (regardless if it's legitimate or an act) fiasco with the "accidental" burn of funds. I've only rarely audibly laughed at memecoins, but this is one of those times.

[Yudhisthir]

It seems something weird is happening over in the Solana memecoin sector. There's this new project, all about super cute mascot, vibes inspired by that classic meme frog, you know the drill. They burned the liquidity, yada yada... basically trying to pull a BONK.

But truth is it's actually surging. The trading volume is insane, the price chart looks hilariously vertical, and it's snagged a listing on a major exchange soon. Are we witnessing the birth of another memecoin monster, or is this a flash in the pan?

The community is frothing at the mouth, which, okay, is expected. I'm half-tempted to throw some pocket change at it just for the absurdity, even if I fully expect it to implode beautifully.

Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

You didn't actually mentioned the coin. I'm into Solana meme and already in profit from most. I'm looking for new and promising coins. The strategy I'm currently imploying in buying Solana meme are waiting for them to list on tier A exchange and fall in price after the initial hype. Though it's been a profitable one, is not as profitable as people buying early who are making x100 or x1000 buying early. I have been introduced to websites like birdeye but not sure how to effectively use it.

[LogitechMouse]

~
Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

I know that feeling.
The feeling of basically investing money into a meme coin just because many are talking about it, and it's price is starting to pump already. I know that because I'm also one of the victims of that kind of mentality. If you're still half-tempted until now, put it to 0 because meme coins that are just pumping because many people are talking about it will not be sustainable in the mid to long term.

I knew it because I invested into SAFEMOON. A meme coin that has the same feature as the "new project" you're saying. Supply burning every time there's a transaction being done. They're attracting investors by burning the supply because that will increase it's price. Well, it's true but the question is how's the demand? If the demand is high, sure it's price will go up, but it's going down, supply burning will pretty much useless. Trading volume is insane? Price chart looks vertical? Listing on a major exchange soon? Not attractive for me because I believe that it will not be sustainable in the long term.

Most of the meme coins will crash, and most of the investors will lose their money. That's for sure. Maybe mention also the name of the project that you're saying.

[Kelward]

Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

It would've been helpful if you were more specific and mentioned the name of the perticular project that you're referring to, perhaps some members here who're into memecoins could research and also throw some money into it, many investors are looking for the quick profits and memecoins gives them prospects of that, although I still think that they're gamble. We're entering Bitcoin bull run and it's surge in price is making investors to explore the crypto space to look for altcoins to reinvest in that'll give them profit on the short term, I guess that's why memecoins are trending now, let them remember to invest the amount that they can afford to loose.

[Bushdark]

This may look like a good project to hold just like we have been seeing many meme coins in the market doing pretty well.
If we can buy good tokens and hold, we can make up to 2x from them especially if they are good with high liquidity and volatility.
I can see that there are some people that are scared to buy and hold because anything can happen in the crypto market.
We don't need to be panicked but look for some good coins and buy and hold them since altcoins are already surging higher.

[batang_bitcoin]

There are many of them in the solana network but what I think will be the lie low of them. So, from Solana down to the next network and we don't know if it's going to be BSC, or ERC20. I guess that's how it goes but as long as many of them are moving forward with solana and you guys have got a lot of prospects from there and you've been making some huge money from them, just keep on doing your strategies and process for you to take advantage of the situation because it's not always like this.

[JeromeTash]

Deposited a small amount of Solana in my Solflare wallet and I have already made around 10x trading a couple of them in about 2-3 weeks. Of course, I would exit so early to avoid getting banned. I believe I could have easily made more than 50X if I wasn't so paranoid.

Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

Most of them don't stay for long. The pump and dump, so you have got I be supper careful.

[Bournesparks]

It seems something weird is happening over in the Solana memecoin sector. There's this new project, all about super cute mascot, vibes inspired by that classic meme frog, you know the drill. They burned the liquidity, yada yada... basically trying to pull a BONK.

But truth is it's actually surging. The trading volume is insane, the price chart looks hilariously vertical, and it's snagged a listing on a major exchange soon. Are we witnessing the birth of another memecoin monster, or is this a flash in the pan?

The community is frothing at the mouth, which, okay, is expected. I'm half-tempted to throw some pocket change at it just for the absurdity, even if I fully expect it to implode beautifully.

Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

You were not specific about the memecoin in particular, but if you're referring to SLERF or KOKO, I think both communities are promising. I've heard chatter on Twitter and Telegram about KOKO potentially becoming the next big hit, especially after it was introduced to Bitget memezone with a market cap under 30 million. My advice would be to consider positioning yourself, investing an amount you can afford to part with effortlessly, and then observe how it unfolds.

[Best-mary]

It seems something weird is happening over in the Solana memecoin sector. There's this new project, all about super cute mascot, vibes inspired by that classic meme frog, you know the drill. They burned the liquidity, yada yada... basically trying to pull a BONK.

But truth is it's actually surging. The trading volume is insane, the price chart looks hilariously vertical, and it's snagged a listing on a major exchange soon. Are we witnessing the birth of another memecoin monster, or is this a flash in the pan?

The community is frothing at the mouth, which, okay, is expected. I'm half-tempted to throw some pocket change at it just for the absurdity, even if I fully expect it to implode beautifully.

Anyone else witnessing this madness? Do these memecoin projects ever have staying power, or are they all destined to crash and burn? This one's got me scratching my head, and I'm here for the chaos.

First, what you need to know about Memecoins is that leave with the hype. From the start of any memecoin development, it doesn't guarantee a use case. So you need to know when you get in and out Be it Pepe, Bonk, Shiba, Doge. Always make sure you get it before the hype is heard if not you will be the dumping bag

[Wiwo]

Its a short ride and you just need to enjoy the fai s while I last although solana network tokens and projects are doing g really great and the is jot wasted time in taking a second look at them to see what they get to offer in the short-term based, because most of the memecoins are just for speculation and now that the project is gaining attention is best time to exit and fine peace.

There may be coin burn this is all part of the plans to limit the supply of the coin and also to increase the value at cyculation, just do enough of your own research about the project before you put down your money on them.