Why are more people getting excited about memecoins?

[X-ray]

Because people only cares about easy money, they think that memecoins is get rich quick scheme but instead its loose everything

greed is the greatest motivation there is for meme coin speculators in hope of flipping a hundred dollar into a hundred thousand dollar people are willing to lose that one hundred dollar.
I guess its because they are trying to find the opportunity but they are in for speculation with knowing all the consequences anyway.
since meme coin are just full of tricks and games thats unfair to the late investors, in short, its the game of whale trying to take advantage of the smaller people.
the people that get rich probably are the one that have close relationship to the meme coin maker in my opinion.
can't believe some random stranger suddenly putting their thousand dollar into meme coin and flip it into million.
but well there are many magical story about how people getting rich from meme coin overnight in twitter with capital equal to pennies.

[kizlod]

People want easy money and they see memecoins as the way. And people also like memes. That's easy, but the risk is high and memecoins don't provide anything besides a chance of getting money, that depends on the hype of a coin. So I'd rather buy something else.

[hamba laeh]

People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?

Web: https://simsol.fun/

All coins have their own risks. But why do many people like coins because they only need a small capital so they take a small risk too. and high profits which have made many people like it. for example, like dogecoin, there was so much excitement at that time when people held dogecoin. and by 2024 many people hope that some of the memecoins can follow in the footsteps of dogecoin.

[sotelorene]

People want easy money and they see memecoins as the way. And people also like memes. That's easy, but the risk is high and memecoins don't provide anything besides a chance of getting money, that depends on the hype of a coin. So I'd rather buy something else.

Exactly, some people don't like waiting too much that's why, they always venture into memecoin regardless of what could be the outcome cause they have believed and have the conviction that memecoin can make one rich in a small interval of time though they are not wrong memecoin use to make people rich quick but not as easy and simple as they think cause getting they right one to invest in is always hard.

[AnonBitCoiner]

All coins have their own risks. But why do many people like coins because they only need a small capital so they take a small risk too. and high profits which have made many people like it. for example, like dogecoin, there was so much excitement at that time when people held dogecoin. and by 2024 many people hope that some of the memecoins can follow in the footsteps of dogecoin.

People desire to have more money through little investment and meme coins are the only coins which are lower in price and when they increase in price then they provide good profit therefore people don't hesitate to take risks with such a little sum of money.

Previously just dogecoin and Shiba inu were considered as better meme coins but these days every other meme coins are assuming to be a better coin which will perform better during bull season and yes it's true because you will have experienced that Pepe coins is going as a more profitable meme coins so it become a cause of increasing trust of the investors towards meme coins.

[Kristiyana]

I think the coins like doge, Shib, Pepe etc have changed the perspective of meme coins among people. These coins have set a trend of giving 100x on investment upon meme coins.

It was because of the move SHIB did that is one of the reasons why the interest of people into meme coins has increased though I must say that SHIB made so many people rich because I no of people who made huge money from the coin, Doge is also good but in terms of price movement I think SHIB has more than Doge and since then people has always believe that more coins like SHIB still exist and that's why they keep investing on alt coins, I'm not against it but people should always be cautious about there investment.

[d3nz]

All coins have their own risks. But why do many people like coins because they only need a small capital so they take a small risk too. and high profits which have made many people like it. for example, like dogecoin, there was so much excitement at that time when people held dogecoin. and by 2024 many people hope that some of the memecoins can follow in the footsteps of dogecoin.

People desire to have more money through little investment and meme coins are the only coins which are lower in price and when they increase in price then they provide good profit therefore people don't hesitate to take risks with such a little sum of money.

Previously just dogecoin and Shiba inu were considered as better meme coins but these days every other meme coins are assuming to be a better coin which will perform better during bull season and yes it's true because you will have experienced that Pepe coins is going as a more profitable meme coins so it become a cause of increasing trust of the investors towards meme coins.

If there is hype then that's where people will invest with. Newbie traders nowadays are just depend on what's trending, if they see the chart of a memecoins going up and a lot of volumes then they will surely buy on it. We cannot blame them if they get lose if the value gets dumped but they surely want easy money. But I think that memecoins are really good to invest with if they are still people who are investing with.

[Essential10]

I think the coins like doge, Shib, Pepe etc have changed the perspective of meme coins among people. These coins have set a trend of giving 100x on investment upon meme coins.

It was because of the move SHIB did that is one of the reasons why the interest of people into meme coins has increased though I must say that SHIB made so many people rich because I no of people who made huge money from the coin, Doge is also good but in terms of price movement I think SHIB has more than Doge and since then people has always believe that more coins like SHIB still exist and that's why they keep investing on alt coins, I'm not against it but people should always be cautious about there investment.

Both SHIB and Doge were popular in the past, but the coin are still on the market. We went through a period in the past when SHIB & DOGE in value tremendously, some individuals made huge profits from these coins. Currently several meme coins have entered the market, offering high prices and trying to attract the public. SHIB and Doge have been laying for so long that there is no guarantee of what they are going to do next. Although many are expecting a bullish price from the coins in the coming bull season but I don't think that will increase much. These coins are not totally unsuitable for investment, but invest according to your decision here so that you don't regret later.

[DiMarxist]

Popularity in the present has nothing to do with the popularity in the future. People are coming to that project because of the early benefits of the project and after now they will abandon the project and face on bitcoin investment. And as you have said, people are excited because they got gain from the project from the first launched in the exchanges. And when they have sell them off then they would left the particular altcoin and go for another new one that is on the pipeline.
Those people are the altcoins hunters. They risk their funds and time to hunt for airdrops and memecoins to invest in the early stage.

[kingvirtus09]

I read someone say in his post that investing in meme coins is like betting on the lottery. For me, he has a point, and what he is saying is right; that is really what you are gambling or gambling with your money.

That's why you have to be good at hunting memes that have high hype and aggressiveness in innovation, and the partners they can get are big; it's possible to be successful in the end and be included in the top exchanges.

[00.00WIB]

yes, there is a lot of talk about meme coins and it seems that many investors are making huge profits by investing in meme coins. I started to get interested in BOME coin and invested a little in it, after I felt I was making a profit, I got out and no longer intend to hold meme coins for the long term.

[ndutndut]

People want easy money and they see memecoins as the way. And people also like memes. That's easy, but the risk is high and memecoins don't provide anything besides a chance of getting money, that depends on the hype of a coin. So I'd rather buy something else.

Basically they follow the hype and want to make a quick profit because there are also meme coins that give you quick profits but there are quite a few meme coins that make you lose everything.

For them, buying meme coins is like gambling, you can make a profit or a loss because meme coins do not have clear fundamentals but only take advantage of the moment. Or maybe they are tired of following the endless market, buying bitcoin is expensive and to make a profit requires patience. so they switch and look for new coins and hype in search of huge profits. I myself don't like buying meme coins. Apart from being afraid of losing, I am also not very good at understanding meme coins. Because many people buy meme coins just because they follow other people who have made a profit. I prefer to invest in bitcoin and top altcoins. The point is to buy meme coins, you must have good research skills and have a lot of money so that when you experience a loss you don't get stressed.

[goaldigger]

yes, there is a lot of talk about meme coins and it seems that many investors are making huge profits by investing in meme coins. I started to get interested in BOME coin and invested a little in it, after I felt I was making a profit, I got out and no longer intend to hold meme coins for the long term.

If there’s a hype, there is money and that’s why many are with meme coins again since its their season to get hyped and pump again so to those who are taking the risk, I’d hope you make a good profit over it. Though, I don’t suggest for a long term hold since I’ve said its seasonal and there’s no guarantee that it will pump again in the future.

[Kocret02]

People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?

Web: https://simsol.fun/

It all started with Dogecoin which was popularized by Elon Musk. and at the end of the year more and more memecoins are released from various chains, such as ethereum, binance and now trending through the solona chain. and now memecoins have become a trend and people want to get rich in a short time. and this really happened.

[Jegileman]

People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?

Believe and trade at your own risk. Have enough conviction and confidence in the coin before you’ll do that. Not all meme coins are worthy of investing into , but if you find one with good market structure that has a strong potential to blow out in the future, spare some money on them because it’s always a big boom when it’s ready to make you rich. As much as it had advantages, be wary of the disadvantages also and apply proper caution when investing by only using what you can afford to lose.

It all started with Dogecoin which was popularized by Elon Musk. and at the end of the year more and more memecoins are released from various chains, such as ethereum, binance and now trending through the solona chain. and now memecoins have become a trend and people want to get rich in a short time. and this really happened.

That is the most fascinating thing about meme coins and that potential of making people rich is what has drawn more people to them and those that are hyped by celebrities are most ventured into because on those hyped by them which they believe it will do well in future. Treat meme coins as a more altcoin but it is never a bad idea to try something out of it but do it with much discretion.

[Ben Barubal]

     Maybe the others mostly exist, the greed really exists, and maybe you are always with a small amount when the price of the meme coins you bought suddenly pumped up more than 100x back. You wouldn't be happy about that, would you? What's more, when you really feel like you hit the jackpot, it even comes back 1000x return.

     The majority can't deny that the risk is also 1000x with it; in short, don't expect that the crypto meme coins you choose to buy will be able to give you or make you rich
because it's just luck like gambling.

[Cryptoababe]

People make huge money from memecoins and this have been looking like a random selection so far which real. I have seen a lot of posts from the pepe days now to the Solana memecoins days. An example is $Mother, $Daddy and some other celebrity memecoins by the celebrities themselves. See this

[Reatim]

People make huge money from memecoins and this have been looking like a random selection so far which real. I have seen a lot of posts from the pepe days now to the Solana memecoins days.

You can make huge money if you get lucky and choose a project that will actually get some value later on. There has been no exact report of how many memecoins are there in existence or how much are created every day but this article estimates almost 100 memecoins are being created every day as we speak.

Think about the odds of picking a project that is still cheap and has the potential to still grow more.

An example is $Mother, $Daddy and some other celebrity memecoins by the celebrities themselves. See this

$mother is iggy azalea's and $daddy is andrew tate's which are essentially popular names which is how it is no surprise to see their coins giving profit but it doesn't seem to have any utility so we will have to see until when it does well.

[sekalitas]

People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?

Web: https://simsol.fun/

I'm convinced the main allure of memecoins is the tantalizing prospect of massive gains.  Let's face it, the idea of turning a small investment into a fortune overnight is incredibly tempting.  Who wouldn't get a rush seeing those green candles shoot up the chart?  It's that adrenaline, that thrill of the gamble, combined with a good dose of FOMO (fear of missing out) that really fuels the memecoin craze.

Of course, there are always other factors at play. Some folks might be drawn to the community aspect, finding a sense of belonging in the hype and memes surrounding these coins. Others might simply enjoy collecting them, treating them like digital trading cards. But in my experience, the vast majority are chasing those life-changing profits.

It's important to be honest about the risks involved, though. Memecoins are notoriously volatile. While the potential rewards are huge, so are the chances of losing it all. It's crucial to approach them with caution and only invest what you can afford to lose. After all, the thrill is only fun if you're not putting your financial future on the line.

[Freddie Boyer]

People want easy money and they see memecoins as the way. And people also like memes. That's easy, but the risk is high and memecoins don't provide anything besides a chance of getting money, that depends on the hype of a coin. So I'd rather buy something else.

The market trend in the form of high hype can also be exploited by buying meme coins, but it also has special conditions where users must also constantly control the price, otherwise a reversal can occur at any time. Pumping and dumping are very vulnerable to occurring at any time.