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Author Topic: Can any meme coin challenge bitcoin in future ?  (Read 913 times)
MAAManda
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September 11, 2024, 01:14:54 PM
 #121

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.

That won't be possible, memecoins don't have strong fundamentals on why should adopters adopt them? Even well-known coins like Ethereum (ETH), Binance Coin (BNB) or Solana (SOL) will not be at the same level as Bitcoin (BTC). So, it is unlikely for memecoins to challenge Bitcoin (BTC) in the future, but it's possible if they challenge other mainstream coins besides Bitcoin (BTC).

R


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Barikui1
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September 11, 2024, 04:50:42 PM
 #122

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.
Bro do you think you are in Disney land? Or you are on highness? Because it's very crazy to be asking such a question, though i don't blame you that much because this is what most of this social media influencers plant in your head just to give you false hope that shit coin will rise up to 1 million dollars and make you a billionaire, which is actually impossible, now you are asking the most crazy question ever, if meme coin can challenge Bitcoin in the future.

But am going to answer you anyway, concerning your question why meme coin can't challenge Bitcoin in terms of market cap and coin value is very simple, Bitcoin has a very strong fundamental that meme coin don't have, and besides, meme coin is mostly created for gambling purpose, not an asset to keep, it's an asset that can make you rich overnight no doubt, but can also liquidate your hard earned money overnight, and the percentage of you making something out of it is like 5% to 95%, so that is why is more like gambling, but with Bitcoin, your asset is more secure, because Bitcoin has the capacity to always rally back to it previous height and even better, anytime their is a sudden dip in price unlike meme coin that falls more than they rise.











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Dzwaafu11
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September 11, 2024, 07:56:20 PM
 #123

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 asked a question, and you answered it yourself. However, there is any coin in this crypto space that can challenge bitcoin. Any coin you know wants to follow what bitcoin has been doing, but they can’t be challenged by it because bitcoin is like the father of all cryptocurrencies. Bitcoin has been making waves over all this time; I have never seen anybody complaining about bitcoin that he or she has been scammed or something similar to this. Anybody you see complaining, maybe due to the investors ignorance or something like that. 

R


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September 12, 2024, 04:42:49 AM
 #124

Well I do not think any of the alt coins can challenge it. Not even Ether or other alits like BNB and SOL. I do think there can be some pumps during the 'bull market'. But for me I think in longterm Bitcoin is always going to be the the number 1 coin.

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September 13, 2024, 05:06:28 AM
 #125

Well I do not think any of the alt coins can challenge it. Not even Ether or other alits like BNB and SOL. I do think there can be some pumps during the 'bull market'. But for me I think in longterm Bitcoin is always going to be the the number 1 coin.

I do agree with you. It's not really possible in our lifetime, in my opinion. BTC will always be the coin under the sun on the market. Both now and in the long-term.
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