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Author Topic: Are the good days for meme coins gone forever ?  (Read 775 times)
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May 20, 2024, 04:13:47 PM
 #61

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price

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May 20, 2024, 04:15:25 PM
 #62

Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?

Nope, that wouldn't happen to meme coins it's just that fluctuations took over that's why we saw some of minor changes in the market. Influencers were all biased, they're just dependent on the reality of trending coins, we need not to worry about it since the perfect timing isn't about to happen. Our patience will be measured during the hard days, even though we felt good days seems to be faded. Always remember surprises doesn't give us any clue, randomly it will shock us without further announcements.


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May 20, 2024, 04:33:09 PM
 #63

Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?
I don't want to say that meme coins are bad but their behavior is not understandable. There are several memes which have good market cap compared to other altcoins which gives investors a lot of profit but price volatility makes them puzzle with right investment timing. I took some meme and was in some profit sharing and holding position. But it seems to me that most meme coins are made for gamblers and are suitable for short term investments.
I agree with you my guy. Investing in memecoins is like playing puzzle games, you don't know if you will win or matched the letters. And now the motivation people have in investing in memecoins or tokens is because of the recent launched of Notcoin and those who mined or bought before it was launched made good profit from the coin and because of that people are mining any token that came to the cryptocurrency ecosystem market. Memecoins behaviors are not clear. Some of them were listed in exchanges and increased in price and few months or years later they would die down.

And if your were not smart enough and removed your coins from the exchange or wallet then your coins would burned and you lost everything. And investing memecoins in a short term is another dangerous movement because you don't know if it will rise again. Those we heard people testimonies that they invested in memecoins in the past and for the FOMO made them to sell it in a short term and later years the coin became popular and done well and increased in price very well and they regretted for selling their coins coins in the early stage.









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May 20, 2024, 05:50:45 PM
 #64

I think not, because not all memecoins are scammers, if you are persistent and patient in learning about meme coins then you will get hidden gems with memecoins, if you are lucky and get the right memecoins then you will become a billionaire in a short time,

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May 20, 2024, 07:01:39 PM
 #65

Meme coins are popular from time to time because whales generally fill and then empty through meme coins. When they fill it, there are many different marketing tools to attract new audiences, the easiest of which is through Meme. That's why the answer to your question is that I don't think its popularity will end easily. When altcoins start to move, Meme tokens will also move.


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May 20, 2024, 11:50:26 PM
 #66

Why should influencers promote memecoins when they know that there is no guarantee with memecoins.
You have to understand that many influencers don’t even care nor understand crypto at all. Why should they care whether a specific project can actually bring you profit? All they care about is how they are the ones earning from sponsorship deals.
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I mean a altcoin that doesn't have any Whitepaper roadmap even any use! Just created for fun.
Influencers hop on anything trending. They gain followers if they do something fun or entertaining and if it means making or promoting a memecoin then they will do it.

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May 21, 2024, 07:25:45 AM
Last edit: May 21, 2024, 07:44:28 AM by EarnOnVictor
 #67

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price
Hehehe...I do not see it like that bro, as the whole cryptocurrency market is a place where the bullish season and bearish season are being observed, and also a place of uncertain moments, and so are the meme coins despite being in the cryptocurrency market itself. Mind you, cryptocurrency is not complete without mentioning meme coins/tokens today, and I am certain that it will always be like that forever, they are part of it. If you take a look at the crypto industry, you would realise that it has classes/sectors, where you see Layers, Infrastructure, Defi, Meme, Liquid staking, AI etc. This alone should have hinted to you that meme is a whole sector of the crypto world, this is intended to be kept that way as it will be a disaster for any flourishing sector of the crypto economy to cease to exist again for whatever reason.

If that happens, then any sector may be threatened going forward which I do not think can be good for the crypto industry itself. As I write, more meme projects are being developed and more will be developed over time. I mean more that will even perform better than many other cryptocurrencies that are not memes, including the ones that are attached to some kind of physical engagement. Meme is a big name now even as the top 2 (Dogecoin and Shib) have a huge market capital already and many more meme projects will over time beat more cryptos of other sectors that are still ahead of them in capitalization to show how much people appreciate them. You can see how Floki, PEPE, BONK, BOME and many more performed in recent months, which are proofs that they are not here for a joke.

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May 21, 2024, 11:53:09 AM
 #68

I think not, because not all memecoins are scammers, if you are persistent and patient in learning about meme coins then you will get hidden gems with memecoins, if you are lucky and get the right memecoins then you will become a billionaire in a short time,
You are right that not all memes are scammers and from some projects many people take profit with their desired capital. There will be volatility in the entire crypto market and you have to stay in the middle of investing. In fact, the valuation level of the market depends on the investors' interest and the development team should strengthen their valuation base and take care of each level over time. The developer team responsible for most of the meme coins' crashes is a barrier to investment. But I think the ones that are doing well have dev teams that are very crafty and you can find hidden gems if you invest. You must check them before investing.

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May 21, 2024, 01:16:21 PM
 #69

Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?

Meme coins will never disappear and will definitely always get support from several communities because as we know, many people have become millionaires just because they have meme coins. Maybe you've heard information about someone becoming a millionaire just because of coin memes. and I'm sure there are many people who are inspired to do the same.

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May 21, 2024, 02:07:12 PM
 #70

Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?

Meme coins will never disappear and will definitely always get support from several communities because as we know, many people have become millionaires just because they have meme coins. Maybe you've heard information about someone becoming a millionaire just because of coin memes. and I'm sure there are many people who are inspired to do the same.

I too used to be cautious about memecoins. How they don't contribute to the crypto world and how ponzi like they are. But on those several years I stayed away from them, people kept on making their fortunes and at the moment they are stronger than ever. I currently have invested in several memecoins making them the largest part of my portfolio. And in the last 24 hours all of them have outperformed bitcoin and other altcoins that I hold. I'm not just holding but booking the profit at pre-set prices like a grid trading and memecoins provide the right volume and volatility for such trades.

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May 21, 2024, 04:43:25 PM
 #71

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price

I think it's almost impossible to find a meme coin that can last very long on the market. Maybe only 1 in 10,000 projects will survive. We see meme coins like PEPE SHIB or DOGE that can survive for years but if you dive deeper into meme projects you will see that there are many meme projects that died and gave losses to their investors. I think holding a meme coin for a long time if it is a new project would be very risky. Unless you choose a meme coin in the top 100 cmc.

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May 21, 2024, 05:02:58 PM
 #72

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price

I think it's almost impossible to find a meme coin that can last very long on the market. Maybe only 1 in 10,000 projects will survive. We see meme coins like PEPE SHIB or DOGE that can survive for years but if you dive deeper into meme projects you will see that there are many meme projects that died and gave losses to their investors. I think holding a meme coin for a long time if it is a new project would be very risky. Unless you choose a meme coin in the top 100 cmc.
The meme coins that have been on the market for a long time are the exception rather than the rule, meme coins due to their nature have the tendency to disappear rather quickly after they are released to the market, with the majority of them never gaining any recognition and disappearing almost immediately, so when taking into account those factors, it is clear that it is a mistake to invest in those coins thinking that somehow you should be able to reap long term benefits out of those coins.
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May 21, 2024, 06:17:44 PM
 #73

I think not, because not all memecoins are scammers, if you are persistent and patient in learning about meme coins then you will get hidden gems with memecoins, if you are lucky and get the right memecoins then you will become a billionaire in a short time,

Some meme coins performed well while many coins came in the same category become scams Therefore people are often afraid to invest in meme coins but now as there are lots of meme coins which have made many individuals wealthy so people start trusting them.

Meme coins are a chance either this can make you profitable or if it goes wrong then your money will be dropped. The choice is yours whether you want to take this risk or choose another project which will not be as risky as that of meme coins.



 

 

 

 

 

 


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May 21, 2024, 06:30:45 PM
 #74

In my opinion, meme coins will never disappear in the crypto world, because memecoin is a lottery, and of course everyone likes lotteries where lotteries can provide wealth in a short time, but it's not as easy as turning the palm of your hand to get  only luck can determine everything.

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May 21, 2024, 08:41:46 PM
 #75

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price
Then how do we know the ones that will last in the market?

Meme coins are good only for short term investment, you can never be sure when the project will go down despite their promises during their advert and because it is centralized the team can part ways after they achieve their goals.

Following trends for short time is good but always do more research about any project you are about to invest in so that you can be safe and make sure you take your profits because altcoins cannot be trusted.

R


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May 21, 2024, 10:30:24 PM
 #76

Meme coin trends change, so some are strong enough to last, some are not. Therefore, we have to choose the best meme coin for investment so that we can make a profit and don't expect quick profits because doge coin took quite a long time to get to this point and reach its highest price
Then how do we know the ones that will last in the market?

Meme coins are good only for short term investment, you can never be sure when the project will go down despite their promises during their advert and because it is centralized the team can part ways after they achieve their goals.

Following trends for short time is good but always do more research about any project you are about to invest in so that you can be safe and make sure you take your profits because altcoins cannot be trusted.
most of new meme coins are rarely allocating token to their team and the project is independent of whatever the team are promising though.
its like the meme coin created to be an ownerless coin from day one so thats not really a concern anymore, even money raised usually being used for LP meaning it comes back to the community, but yeah there is always possibility that the devs somewhat tinker around the contract codes and have a way to rug.
but overall, the long lasting meme coins are the noes that could achieve hundred millions of capital overnight, they usually last since they later on get listed in big exchange like binance.
rather than staying in dex where eventually it will become illiquid.
some meme coin that are new and lasts are like WIF, and so on.
so choosing a long lasting meme coin is also difficult because its only 1 out of 100,000 that gonna last and achieve that big market capital.

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May 21, 2024, 11:21:01 PM
 #77

We are talking about the whole meme coins here not just one but all of them, surely there would be new that could rise up again.
It is not like all of them are gone, some are still in the list of the top 100 crypto so we just need to wait for it.
And this is crypto currency we should be aware that some of them takes time before it rise up again, but we should also be aware that some might not make it to rise up again instead they could continue to drop down or be gone on the market.



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May 21, 2024, 11:39:07 PM
 #78

That’s the problem with memecoins; they depend on hype and if everyone shuts their mouth, the value starts declining. Memecoins are still very much alive, all it needs is just hype and you’ll find it flying over the roof and surpassing other cryptocurrencies in ROI. Usually best to stick with a meme coin that has a good/wide audience.



 

 

 

 

 

 


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May 22, 2024, 08:01:31 PM
 #79

Meme coins will never disappear and will definitely always get support from several communities because as we know, many people have become millionaires just because they have meme coins. Maybe you've heard information about someone becoming a millionaire just because of coin memes. and I'm sure there are many people who are inspired to do the same.
I too used to be cautious about memecoins. How they don't contribute to the crypto world and how ponzi like they are. But on those several years I stayed away from them, people kept on making their fortunes and at the moment they are stronger than ever. I currently have invested in several memecoins making them the largest part of my portfolio. And in the last 24 hours all of them have outperformed bitcoin and other altcoins that I hold. I'm not just holding but booking the profit at pre-set prices like a grid trading and memecoins provide the right volume and volatility for such trades.
I do not think that you are realizing that while some of the people made "fortunes" most of them lost their money back when it crashed, and a lot of people didn't even made any fortunes and they lost directly.

Some people enter at 10, reach to 200, and sell at 5 because it crashes, some people enter at 200 and sell at 80 because they are too late. Only the people who entered, and sold at the top made any money and they are not as common as you think, even the images you see people withdrawing, doesn't mean they profited, because they could have put that into another meme and lost it all. So do not be worried for staying out, I think you should keep staying out, it allows you to do something that's not that bad at all.

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May 28, 2024, 05:40:18 PM
 #80

I do not think that you are realizing that while some of the people made "fortunes" most of them lost their money back when it crashed, and a lot of people didn't even made any fortunes and they lost directly.

Some people enter at 10, reach to 200, and sell at 5 because it crashes, some people enter at 200 and sell at 80 because they are too late. Only the people who entered, and sold at the top made any money and they are not as common as you think, even the images you see people withdrawing, doesn't mean they profited, because they could have put that into another meme and lost it all. So do not be worried for staying out, I think you should keep staying out, it allows you to do something that's not that bad at all.
A great deal of what people can read on social media is either a bunch of lies or half-truths, the developers behind meme coins want to keep people investing in their useless projects with the hope of striking rich, and the way to do this is by creating the false impression there are many people making a fortune with their projects, but the number of people like that is very small, so I am sure they are pushing those numbers up by creating a bunch of bots which claim to have made a lot of money, and in this way attract more investors to their next projects.
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