Can any meme coin challenge bitcoin in future ?

[bitgolden]

People who are trying to find a way to make money quicker than what seems realistic are a big trouble for our market. If you really think that something like doge or shiba could overtake bitcoin, then you are really putting a lot of money at risk, that could have helped the market but instead will crash it.

I believe that memecoins are cancerous projects to the market, it is taking so much money and making people regret their decision, and making those people stay away from bitcoin as well. I just wish that we had only bitcoin and nothing else at times, I know that's terrible, but just because of these terrible projects I do think about a world like that and I believe we could have been much better by this time if it was the case.

[aioc]

I think all altcoins will definitely challenge bitcoin because bitcoin is the most popular crypto, but of course there will be no altcoin that will beat bitcoin. but the good news is that now meme coins are becoming more popular and more and more meme coins can compete and beat utility altcoins. look at doge which is now ranked 8th in the CMC, meaning doge can beat hundreds or even thousands of utility altcoins.

A few years ago, we were all writing off Dogecoin when Elon Musk shilled Dogecoin out of nowhere, and that's when the meme coin started. If Doge has a use case even without the backing of Elon Musk, it will eventually land in the top 10, but it's because of Elon Musk that we have Doge in the top 10, and since it is the father of meme coins, investors put it in the top 10.

But can Dogecoin keep it up if Elon suddenly dumps Dogecoin? Can the community that has supported Dogecoin since the start can help Dogecoin maintain its position in the market? Hopefully, they can.

[DiMarxist]

All altcoins know that bitcoin is their elder brother so everyone respect it with that, I have seen the promoters of those altcoins have said that so the matter the competition is in the cryptocurrency they won't challenge bitcoin but they can challenge themselves in the altcoins section of the ecosystem. And that is what they are some altcoins would say they pass Ethereum, Solana or BNB etc but they can't say that with bitcoin.
The gap is too much for them to challenge bitcoin. And even in population or community participation bitcoin is more populated than all the altcoins so they can't challenge bitcoin.

[kingvirtus09]

No one meme coin can challenge Bitcoin, because they are not equal in reality, I know op you know that too. But at least let me show you the difference in their features as you can see in the picture below op.

So, now, you can see that they are very different from each other, just think that Bitcoin is the oldest of all cryptocurrencies in this field industry.

Reference: https://www.linkedin.com/pulse/meme-coins-vs-bitcoin-whats-difference-relai-app/

[Dunamisx]

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.

Memecoins cannot challenge bitcoin in the future base on what we already have on ground concerning them all, some of them have been seen to have a high potential profit making opportunity and some with high risk as well and the more they keep appearing like this, means an certainty nature found with majority of them and what investors dislike is in having the fear of missing out from any coin they are investing on, which all these are not possible if we are investing in bitcoin because it will always end into profitability if we hold instead of being scared for missing out.

[Selingkuhan]

bitcoin is a well established currency and has limited supply compared to meme coins. on one hand meme coins are just another copy of doge which has no privacy and can be dumped anytime. so there is no way meme coins can challenge bitcoin in future.

[GIF-JOBS]

I think it is not possible. Bitcoin is the best currency of all time, there is no coin to beat it and I don't think there will be in the future. And As you say, a meme coin is hitting bitcoin you say. Which is impossible. According to you the probability of this happening is 0.01% and the probability of not happening is 99.99%. Not only meme coin I think even the top alt coins can't reach the height of topping as bitcoin.

[Kelward]

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.

Anything is possible in the future, but when you calculate the probability of it happening, then you can determine the chances that it has. In this case if we're considering whether any memecoins can challenge Bitcoin, in the future, I'm very sure that the probability is far lesser than 1, meaning that it can be considered impossible. No cryptocurrency have come close to achieving the trust and reputation that Bitcoin, have built in the crypto market, even top altcoins like Ethereum, BNB and Solana are nowhere near the level of Bitcoin, not to talk of memecoins that have no use case.

We can not totally rule out the possibilities of a cryptocurrency that can equal Bitcoin, in the future, but from what is on ground today, Bitcoin, remains the king of them all and in it's own class.

[Jose Mourinho]

I think that will never happen, because if you compare it, bitcoin is like gold, while memecoin is like an imitation whose price and value are very different, and it is very unlikely that one day imitation will be able to compete with the price of gold.

[Essential10]

I think that will never happen, because if you compare it, bitcoin is like gold, while memecoin is like an imitation whose price and value are very different, and it is very unlikely that one day imitation will be able to compete with the price of gold.

Potential is just a word but in reality no meme coin is equivalent to Bitcoin. Since these are cryptocurrencies, many people have raised the possibility that this is possible, but I think this is unlikely to happen. Yes it is true that bitcoin is worth as much as gold, it is also possible that bitcoin will surpass the value of gold in near future. however, I don't think it's reasonable to question actually comparing Bitcoin with a meme coin whose existence is often questioned.

[pusaka]

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.

Memecoins cannot challenge bitcoin in the future base on what we already have on ground concerning them all, some of them have been seen to have a high potential profit making opportunity and some with high risk as well and the more they keep appearing like this, means an certainty nature found with majority of them and what investors dislike is in having the fear of missing out from any coin they are investing on, which all these are not possible if we are investing in bitcoin because it will always end into profitability if we hold instead of being scared for missing out.

Bitcoin is the main asset that is very liked by investors and on the contrary memecoin not all investors like them, and even they consider memecoin as a coin which makes the image of cryptocurrency a little tarnished because not just one or two times many of them have become a fraudulent project.
Even though some memecoins bring in huge profits due to the big hype, in the end they are also slowly abandoned by their investors, therefore I don't see memecoins being able to reach the level of bitcoin.
Not only that, the altcoins that many investors have liked so far also cannot reach Bitcoin's level, because Bitcoin itself is at a different level. Moreover, it is a memecoin that we know what they are like.

[doubletheprof]

I don't really think that is possible

[radjie]

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.

Anything is possible in the future, but when you calculate the probability of it happening, then you can determine the chances that it has. In this case if we're considering whether any memecoins can challenge Bitcoin, in the future, I'm very sure that the probability is far lesser than 1, meaning that it can be considered impossible. No cryptocurrency have come close to achieving the trust and reputation that Bitcoin, have built in the crypto market, even top altcoins like Ethereum, BNB and Solana are nowhere near the level of Bitcoin, not to talk of memecoins that have no use case.

Of course, everyone has their own opinion about meme coins, what is clear is that it is impossible for meme coins to challenge Bitcoin in the future, because Altcoins are just a complement and cannot beat Bitcoin's reputation.

[ultrloa]

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.

Anything is possible in the future, but when you calculate the probability of it happening, then you can determine the chances that it has. In this case if we're considering whether any memecoins can challenge Bitcoin, in the future, I'm very sure that the probability is far lesser than 1, meaning that it can be considered impossible. No cryptocurrency have come close to achieving the trust and reputation that Bitcoin, have built in the crypto market, even top altcoins like Ethereum, BNB and Solana are nowhere near the level of Bitcoin, not to talk of memecoins that have no use case.

Of course, everyone has their own opinion about meme coins, what is clear is that it is impossible for meme coins to challenge Bitcoin in the future, because Altcoins are just a complement and cannot beat Bitcoin's reputation.

They are just over invested on memecoin then think that it can challenge bitcoin in future. They are overfeed to much on hyping words but they failed to realize that how could a scam token could able to make it. Maybe they should check if there's relevance on the words they are reading especially if it comes to the dev of those meme coins since for sure the intention of those assholes is to hype people to think about that they can easily became rich with them if the price of their meme coin will go the same with the current price of bitcoin in future.

Instead of getting rich they will get badly broke if they believe on those scammers telling those lies. So better to have critical thinking so they could able to think that those devs are just fooling them.

[Abiky]

A meme coin has never and will never surpass bitcoin. If we can understand the difference between meme coin and bitcoin then this kind of speculation is completely foolish. Think of the Doge Coin today, the coin never made it to $1 even though Elon Musk was directly involved. So how can bitcoin be challenged by meme coin? I assume that a meme coin is well established and has high value and demand but don't forget that new meme coins being created will also start to impact the market soon. Bitcoin is completely different in this respect. Should not compare bitcoin with meme coin.

Comparing "meme" coins with Bitcoin is like comparing apples with oranges. Two completely different things. From time to time, we've seen numerous failed attempts from altcoins in replacing the original cryptocurrency (BTC). Why would this change anytime soon? Without Bitcoin, "meme" coins wouldn't even exist. It's the "Father" of all crypto.

"Meme" coins are only pure cash grabs by developers. Whales are the only ones who get most of the rewards. Only if they're lucky, of course. The rest will lose big time due to the highly-volatile nature of "meme" coins. Around 99% of them are inflationary with a huge circulating supply. Totally not worth it. Hopefully, someday people will understand before it gets too late. Who knows if Dogecoin remains the only "meme" coin in existence?

[betswift]

I'm pretty sure that we can see some meme coins that will make insane % of ROI, but it never be trusted and used as BTC!

[teamsherry]

I dont think so, bitcoin is the definition of what everything you can trust, it has no company behind it hence no one can wake up day to manipulate it, it completely decentralized unlike other alts that claim to be but still have some insiders.

Apart from that, it would be a very difficult thign to achieve for any altcoin trying to overtake bitcoin, even uf not in price but maybe in usage and popularity, I know a lot of folks that when you mention crypto first thing they think is bitcoin.

[Kocret02]

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.

a question that is not worth asking here. I'm sure you can answer it without having to create a thread like this. because bitcoin does not deserve to be compared with any coin, especially memecoins. because the two have very big differences. so there is no opportunity or possibility for memecoin to challenge bitcoin at any time.

[Dr.Osh]

well, even looking at doge coin which is the highest meme coin, it is difficult to reach the price of $1. Moreover, meme coins are sometimes created in very large or even unlimited quantities. This will definitely make meme coin backward. Apart from that, in terms of its function, meme coins sometimes do not have a clear purpose, and after the price rises high, after that there will be a deeper decline, and they will be abandoned. However, until now there is no potential for meme coins to approach Bitcoin.

[avarnet]

It would be strange if memes would oppose bitcoin in the future, indeed this year meme coins continue to shine, almost all of the top meme coins have become investment targets looking for profits in the near future. Bitcoin has become so big among the Bitcointalk forum that it has even become the parent of all coins, let alone altcoin meme coins, there is no idea that it can surpass Bitcoin.