Can any meme coin challenge bitcoin in future ?

[krishnaverma]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

[SquirrelJulietGarden]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

They will be not big challenging cryptocurrencies against Bitcoin. They are incapable to be such big challengers and they are not game changers in this market.

Meme tokens are more accurate terms to use for them, not meme coins because they don't have their own blockchains but they use available blockchains like Ethereum, Binance Smart Chain, Solana and others.

Even layer 1 blockchains can fail and parasites like meme tokens can fail more easily. They built their projects on houses of others and it is very big risk factor for meme tokens.

Before asking that question, you need to ask a more reasonable question "Will any layer 1 blockchain challenge Bitcoin blockchain in future?
Will Ethereum, Ripple, Binance Smart Chain, Solana blockchains challenge Bitcoin blockchain in future?

Dead Coins: Over 50% of Cryptocurrencies Have Failed

[CODE200]

Highly unlikely, not saying it's impossible but the likelihood of it happening is really close to zero because bitcoin's an already established cryptocurrency and more people knows about bitcoin compared to a new meme coin, the reputation that they have to surpass is just too huge of a gap that we might see it as impossible plus there's also the factor of bitcoin having a limited supply that are only in the tens of millions meanwhile most meme coins have like a really huge supply that it's higher than the total market cap of bitcoin sometimes and with the law of supply and demand, I think that meme coins have it the hard way because with an abundance in supply, pretty sure that they're going to have less demand.

[Helena Yu]

Challenge in what?

Both Bitcoin and meme coins are really contrast with each other.

Bitcoin: decentralized, secure/ never got hacked, privacy, relatively stable.

Meme coins: centralized, not secure, had no privacy, pump and dump.

If you mean challenge in price and the market cap, well both of price and market cap are useless since someone can just create a coin and fund it with a huge amount of money to pump the price and market cap to reach top 1.

[Davidvictorson]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Let me ask you a question right back

• What makes you think that a memecoin that was created as a joke without any purpose or value, will be a challenge for bitcoin which has real-life applications in several industries?
• What makes you think that a memecoin that was created mostly for pump and dump schemes by their founders who are scammers, will challenge bitcoin whose founder disappeared without a trace and which has survived several bear markets and manipulations?
• What makes you think that memecoins that have low trading value will be able to challenge bitcoin, which a 24-hour trading volume of $27,319,219,016 USD?

[re-start]

It is highly unlikely that meme coins will become more popular than Bitcoin, given the tough competition in the world of crypto and digital currencies. Bitcoin has achieved widespread fame and has a limited supply, and high volume of transactions daily. Therefore, it is safe to say that Bitcoin will continue to reign at the top of the digital currency hierarchy.

[holiday14]

Dogecoin is the bigest meme coin, I think that it's still going up but never catch in Bitcoin

[Felicity_Tide]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

I really don't understand the purpose of asking this question. It's just like asking if: The Pentagon building in Washington DC would be taller than Burj Khalifa in the future ?. Bitcoin is far above every meme coin and alt coin. As it stands, Bitcoin does not have a competitor, which shows how unique and massive it has grown. You should also know that not all meme coin will even survive to see the very future you are talking about. In terms of price and security wise, Bitcoin is topnotch.

Even Ethereum that has really done well price wise has never been compared, so thinking or bringing up such an idea wasn't suppose to happen in the first place. Bitcoin has no match.

[Marvelockg]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

if you had asked the possibility of an altcoin challenging Bitcoin then it's possible to assume such possibility but for a meme coin, it's not even worth the discussion.

For all I know, meme coin is just like a joke that doesn't stay that long but pumps and dumps in less than no time. It hasn't even gotten a reputation that can give it the potential of lickly doing well as an altcoin like ethirium not to even talk of Bitcoin. Bitcoin has gone past that stage where any altcoin can come close to it both in terms of trust, transparency, long term investible nature and even possessing the quality of an asset.

I doubt that it's going to be possible.

[Maus0728]

With how absurd the total supply of a most memecoins are, I don't think that they're demand would ever be higher to the point that people are fighting left and right to get a piece of those memecoins, I think that in that perspective, memecoins is already defeated by bitcoin and the possibility of surpassing would be impossible until it proves itself. Maybe most memecoins are already challenging bitcoin, we just don't see it that way right now.

[bluebit25]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

I think as a "fullmember" you are naive when asking this question. My simple answer is that there is nothing that challenges bitcoin in the crypto market, the way those who try to hype it up in the space compare it all to crypto, stocks, gold,... is ironic. Just a way to get attention with memecoin bullsh*t. Looking back at the current capitalization, memecoin has yet to affect the top altcoins, don't dream of challenging bitcoin. But anyway, I feel the nature of memecoin fanatics, they like to talk about empty things, when only a few receive attention, then praise it grandly, the development process of crypto or bitcoin is the story too much to answer for competitiveness with the rest.

[PX-Z]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

You mean by value and price? No, even the second coin next to Bitcoin doesn't have the slightliest chance to do it how much more on new coins that is only being hype by the community temporarily and not on it's usecase. Only dogecoin goes to top 10 by cmc because how famous and how long it has been since it was created.

[CageMabok]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

I never even thought like that because in my opinion any meme coin would not be able to challenge the existence of Bitcoin at any time. And sometimes I also see meme coins as joke coins that are used just for fun for a short time so I only use them at certain moments and release them again after I get a profit from the meme. It's because I don't view meme coins as future coins worth holding onto that I've never regretted giving them up early, especially after making a profit from them. So that's what doesn't make me think about meme coins that will oppose Bitcoin in the future because in my opinion that's more than impossible for any meme.

[Reatim]

Memecoins are considered as a joke in the community. I don’t think they will ever be taken serious but that’s the purpose anyway.

Memes are jokes. Memecoins are jokes. Though we see some of them succeeding like solana, I don’t think it can challenge bitcoin. Not even the top altcoins could reach bitcoin like ethereum what makes you think a memecoin can do that?

[Uhwuchukwu53]

Well op it's actually said that the young shall grow but not in all cases, no matter how this saying seem to be constant that the young do grow, not all growth is worth. Appreciating there is what we called stunted growth and  this kind of growth is usually seen from the first day the elements that is subject to growth is introduce, its even unwise though stand to be corrected to even think of this that meme coin can have such power looking at there performance because anything that can perform or such dominant strength that would show itself from the beginning as BTC is not even slacking to be over taken by any coin as it stand today.

[tabas]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ?

Possible and that will come from its own fans and investors.  
I am used to it when someone says that the next big thing and the one that will replace Bitcoin's position is the coin they own, so regardless of it, that can be a meme coin or not.

I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

People should just stop thinking that there will be one project especially a meme coin to overthrow Bitcoin from its position.
Also, this thread belongs to Altcoin Discussion, much better to move it there.

[Cantsay]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Since you said “meme” then the answer is “no”.

If you had said - altcoin, I would have said “maybe” but since you are referring specifically at meme coins then there’s no way that they will be able to surpass bitcoin, most people only invest in meme coin for short period of time due to their volatility and they take profit immediately and if you check majority of them - after launch and that launch hype has died off they tend to remain bearish and not go up again.

No one takes meme coin serious, the one ones that are known to so many investors are Doge, shibainu and Pepe most people haven’t heard about the rest.

[Assface16678]

No, impossible, because bitcoin is not in its place because of the currency alone; it's because of the commitment and engagement of the people who are investors. And from the title itself, memecoin, expect that many investors will always save themselves and will not risk in a meme coin and just sell their holdings if they see an opportunity, unlike in bitcoin, where they think of the future of bitcoin. That's why bitcoin has a high value because there are a lot of investors that hold a very huge amount of bitcoin. 
But if investors have the same goal in a specific meme coin, which is to make it like bitcoin, then it could be possible, but I don't think there will be big investors that will risk it, so I think it is possible. Meme coins tend to become short-term and eventually face rug pull, or the coin itself cannot survive.

[God bless u]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Meme coins can only challenge BTC when it comes to short term investment options. BTc gives you long term profits and you have to wait sometimes for years in order to get your desired profits but history have told us that these profits can be given to you overnight.

Meme coins like Pepe, doge etc have proved that they can be a good option for short term investment as a option full of risks.

[BabyBandit]

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

It depends what you meaning with "challenge"?
You mean be worth more then Bitcoin? Never. No crypto will be worth more then Bitcoin (For each coin)
But bigger then earning money wise on, yes for sure and it already is! Bitcoin is a safe and slow investment with other words amazing!
But its no reason you shouldn't look into Meme also with short-terms investments, just be careful, do research before you start and try to be as early as possible.
But you need to be very aware! It's a lot of meme projects that just scam their holders and rug pull it sadly. But IMO that's the most stupid thing they can do, because if they do it honest and straight they would earn much more.