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Author Topic: what do we think of LMEOW token?  (Read 75 times)
skankhunt32 (OP)
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April 21, 2024, 11:49:45 AM
 #1

It's a cat meme coin. Could be massive as an alternative to dog meme tokens.

Did some chain analysis. Lots of MEV bots manipulating this token. Is that common to lots of other tokens?

There is no exchange wallet, so regular exchange listing could become difficult. Seems like the only possibility is when an exchange buys the tokens from regular holders of this token to offer them on their exchange. Not seeing a good possibility for regular exchange listing cause of this.

In the telegram channel on every question the owners reply that it's a community driven coin. So no one person is responsible for marketing, listings, etc. What are your thoughts on that?

There seems to be some well known twitter guy called GCR who once said this token will go to 1USD. The owners of this token use that as a so called prophecy.

Anyway, in my opinion this token has some potency, only if it will be fast enough to mature within time limits of this bull run. Could be very well the case that the redistribution of tokens from whales and manipulators to regular holders will be too slow, in combination with the lacking of responsibility of the owners to take action and push this token to a higher level. So the bullrun could very well be done before this tokens reach maturity. What are your thoughts?

Could very well be the case that the owners aim for the low profit, might also be incompetence or lack of vision of them since they just sit back relaxing.

your thoughts? please
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April 21, 2024, 11:55:50 AM
 #2

There seems to be some well known twitter guy called GCR who once said this token will go to 1USD. The owners of this token use that as a so called prophecy.

GCR said nothing about price, and while he mentioned LMEOW, he just mentioned the ticker way back then just an example of a catcoin. Don't dig too much into it lol.

"waiting for $LMEOW token that catalyzes a paradigm shift in meme investing away from dog tokens to cat tokens". https://twitter.com/GCRClassic/status/1623311308241108994

And followup tweet:

"disclaimer this was a shitpost, and when a 16 year old launches lmeow inu in 36 hours, it's going to be a quick rug and i don't believe we see a bid in cat tokens in general, until the next bull cycle" — https://twitter.com/GCRClassic/status/1623312082820075522

But if you want to take a bet on it, then feel free to do so.

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dimonstration
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April 21, 2024, 11:58:54 AM
 #3

There’s tons of animal meme coin out there while you are expecting a new generic meme coin will become popular just because a certain influencer/group mention the name without any valid context on how it will price growth.

Meme coin market is already saturated, there’s only few meme coins that is now popular out of thousands of meme coins that dying everyday after minted.

Meme coin in general is the worst coin to invest unless you are a risk a seeker and always want to lose your investment.

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pakhitheboss
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April 21, 2024, 12:34:04 PM
 #4

If the owner is not interested in promoting or listing the meme coin then why bother to put your head into it? Meme coins are only driven by the community and to form a community the owners or the owner need to market the coin in a way that they get investors organically. I think it is better to stay away from a meme coin when the owner does not want to do anything and still feels that the community will grow. I simply do not understand why everyone is going crazy with meme coins that do not have any utility or purpose. This shows how much the current market is based on investors who want to find a quick way to get higher returns.

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Belarge
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April 24, 2024, 11:42:19 PM
 #5

If the owner is not interested in promoting or listing the meme coin then why bother to put your head into it? Meme coins are only driven by the community and to form a community the owners or the owner need to market the coin in a way that they get investors organically. I think it is better to stay away from a meme coin when the owner does not want to do anything and still feels that the community will grow. I simply do not understand why everyone is going crazy with meme coins that do not have any utility or purpose. This shows how much the current market is based on investors who want to find a quick way to get higher returns.
There are better ways of enchancing our golden chances of milking the system. We have quick ways of hitting profits in the system. Investors will come and go if they don't find any promising projects  because none of them would settle for projects that will bring them losses. We should try and understand the matter on ground, not all memecoins will make the headlines and trends in the market, there are some that do take time before hitting high market caps and making the necessary bullish moves expected but we shouldn't give up on them.

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