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Author Topic: Guess Solana Memecoins Investors craving risk right now  (Read 120 times)
Altcoiner007 (OP)
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June 10, 2024, 11:08:19 AM
 #1


Investors are currently demonstrating a strong appetite for risk. Cryptocurrency investments are of course commonly recognized as risky and speculative, but you'll agree that meme coins poses even greater risks. Presently, there is a wealth of indicators indicating that investors are seeking high-risk opportunities, such as stalking various meme coins, with speculation of a 50  -  500x.

I don't know who else has noticed Meme coins are experiencing a come back, and there's indication that this trend will continue. While the likes of PEPE, BONK, BOME, MEW, POPCAT are somewhat on a stand still, new Meme coins like PlayDoge, Sealana, and Base Dawgz and trending. I even found one Egypt Cat (SPHYNX) with a nice theme drawn from ancient Egyptian mythology and the significance of cats in their culture. These tokens tradeable on CEX like Bitget and on Raydium, Orca etc with investors having high expectations and view the SPHYNX token as a direct competitor to the MEW token of Cat in a Dog's World.

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different. Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?
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June 10, 2024, 04:24:26 PM
 #2

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different.
That is what I am believing that might happen and with such, you have your own holdings of meme coins and if you're in profit, don't forget to take yours. But there's some exception that think of it, not all of them are going to be good this bull run.

Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?
No one will ever know unless you have started to invest on your own choice and you've seen the gains. It's hard to compare with other investors if they'd be at the peak of the profit that they'd do. So, it's best to just get yourself in a position that you're not going to regret where you invest.

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June 11, 2024, 06:18:12 AM
 #3


Investors are currently demonstrating a strong appetite for risk. Cryptocurrency investments are of course commonly recognized as risky and speculative, but you'll agree that meme coins poses even greater risks. Presently, there is a wealth of indicators indicating that investors are seeking high-risk opportunities, such as stalking various meme coins, with speculation of a 50  -  500x.

I don't know who else has noticed Meme coins are experiencing a come back, and there's indication that this trend will continue. While the likes of PEPE, BONK, BOME, MEW, POPCAT are somewhat on a stand still, new Meme coins like PlayDoge, Sealana, and Base Dawgz and trending. I even found one Egypt Cat (SPHYNX) with a nice theme drawn from ancient Egyptian mythology and the significance of cats in their culture. These tokens tradeable on CEX like Bitget and on Raydium, Orca etc with investors having high expectations and view the SPHYNX token as a direct competitor to the MEW token of Cat in a Dog's World.

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different. Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?

There's thousands of memecoins been launched daily and it's a bit worrisome though.. why do you think $SPHYNX will be different? Because it's on platforms like Bitget, or the community is buzzing. Please share more thoughts on this..
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June 11, 2024, 11:48:04 AM
 #4


Investors are currently demonstrating a strong appetite for risk. Cryptocurrency investments are of course commonly recognized as risky and speculative, but you'll agree that meme coins poses even greater risks. Presently, there is a wealth of indicators indicating that investors are seeking high-risk opportunities, such as stalking various meme coins, with speculation of a 50  -  500x.

I don't know who else has noticed Meme coins are experiencing a come back, and there's indication that this trend will continue. While the likes of PEPE, BONK, BOME, MEW, POPCAT are somewhat on a stand still, new Meme coins like PlayDoge, Sealana, and Base Dawgz and trending. I even found one Egypt Cat (SPHYNX) with a nice theme drawn from ancient Egyptian mythology and the significance of cats in their culture. These tokens tradeable on CEX like Bitget and on Raydium, Orca etc with investors having high expectations and view the SPHYNX token as a direct competitor to the MEW token of Cat in a Dog's World.

Sometimes is not right to draw a conclusion on Meme coins based on trends or news because it doesn't guarantee the potential of that meme coin and besides the reason why is not even good listening to news or social media about meme coin is because it can easily be influenced by speculation, so even if there is a big trend about the listed meme coins above it doesn't mean that they are all going to have a good potential, so is mostly through luck you can be able to get the right one.

Dave1
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June 11, 2024, 12:11:27 PM
 #5


Investors are currently demonstrating a strong appetite for risk. Cryptocurrency investments are of course commonly recognized as risky and speculative, but you'll agree that meme coins poses even greater risks. Presently, there is a wealth of indicators indicating that investors are seeking high-risk opportunities, such as stalking various meme coins, with speculation of a 50  -  500x.

Really depends on investors, but I guess you are right that there could be investors or whales that are willing to take that risk. It's a big risk though, and obviously we don't know what the future holds, but who knows, maybe their bet are going to pay off in the future with that huge gains.

I don't know who else has noticed Meme coins are experiencing a come back, and there's indication that this trend will continue. While the likes of PEPE, BONK, BOME, MEW, POPCAT are somewhat on a stand still, new Meme coins like PlayDoge, Sealana, and Base Dawgz and trending. I even found one Egypt Cat (SPHYNX) with a nice theme drawn from ancient Egyptian mythology and the significance of cats in their culture. These tokens tradeable on CEX like Bitget and on Raydium, Orca etc with investors having high expectations and view the SPHYNX token as a direct competitor to the MEW token of Cat in a Dog's World.

We are already in the bull run, so there will still be a lot of meme coins as it has a good success rate from the past, Doge to Shiba Inu to Pepe.

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different. Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?

It's not unique though, it's cyclical, every bull run there will be a lot of hype and there are investors who are looking for this kind of risk and they are willing to put everything in the line for a big returns, but to each his own.

R


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June 11, 2024, 08:22:45 PM
 #6

I don't know who else has noticed Meme coins are experiencing a come back, and there's indication that this trend will continue.

What comeback? Memecoins never left — it's mostly still just a game of hot potato where most of the attention moves from a lowcap memecoin to another, with a few high marketcap memecoins gaining(and losing) long-term dominance here and there. The meta never changed, really. Just that the market is getting heavily diluted by the number of memecoins being made.

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June 11, 2024, 08:41:39 PM
 #7

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different. Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?
This bull run, many projects will be hyped even more so than it has right now.

Although we need to consider memecoins’ very short-lived success. That is one of the risks that many investors are willing to take but personally I am quite afraid to miss the timing to sell at a proper time. But as investors, we should set our fears aside to earn profits.

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June 12, 2024, 09:47:33 AM
 #8

the risk appetite becoming higher because they seen story about people turning few grand into hundred grand let alone millions its already such intriguing story for them that they want to be that kind of guy who become wealthy because of meme coins.
as far as I know the entire solana blockchain has been so fully populated with these meme coin to the point that its just everyday landscape seeing meme coin generated in which the number reaches hundreds within a day, heck majority of the meme coin recently added in coinmarket cap is also coming from solana.

the trend of meme coin itself never going anywhere anyway, its literally full blown meme coin trend the entire year from when elon musk shilling for doge up until now where there are so many other variants of meme coins emerge with its billions market capitalization.
its just become weaker due to the bearish season but once trend shifting to bullish the meme coin market went fully explosive and causes many meme coin to emerge in prices by thousand percents.

but they also should know that just because other people are making fortune from meme coin doesn't mean they will too and if they really want to be sure to be expert in finding out what meme coin gonna emerges.

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June 12, 2024, 09:29:26 PM
 #9

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different. Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?
This bull run, many projects will be hyped even more so than it has right now.

Although we need to consider memecoins’ very short-lived success. That is one of the risks that many investors are willing to take but personally I am quite afraid to miss the timing to sell at a proper time. But as investors, we should set our fears aside to earn profits.
I think this is a natural thing because in any case it is necessary to be vigilant, especially to take steps in this meme coin.
But we as people who want to succeeding must fight this fear because to defeat that fear if not us others will not be able to.because basically in any case of course the risk is always there not only here too, but when we have been able to be at this point and also already know the alcoin coin meme coin and others, of course we have prepared ourselves for whatever will happen.
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June 12, 2024, 09:42:10 PM
 #10

Doesn't that happen often? If you invest in meme coins, the risk is that big. For this reason, many people claim that if they want to invest in meme coins, don't believe them. Use it as an opportunity to take profits only in the short term, not in the long term. Because so far, which meme coins can really be successful in the long term apart from Doge and Shiba, which are not doing well right now?

This will definitely provide very important and extraordinary learning. Maybe now we are not influenced, but as time goes by, it could be that you are also influenced. So, make sure that you are aware and know how to respond to meme coins or any new projects related to it. Instead of waiting for it to be a hassle and actually causing large losses. It is not only on Solana chain but also on other networks. It has been so usual to happen.


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June 12, 2024, 09:44:19 PM
 #11

~
They've always been there buddy. I think they just got more apparent since a lot more meme coins have been releasing lately, so the market is a lot more active compared to the past. An example would be Pepe, after the initial hype it had it died down a couple of months afaik. It wasn't before a couple of months ago that it started making pumps again all of a sudden (which I luckily profited a bit from).

And it's becoming a good place for investors since the margin for profit can be an insane amount if you get lucky. Even a couple of bucks can become thousands a few hours later after all. Just that, most meme coins have no basis at all whatsoever hence why I call it luck. Not to mention that some of the teams themselves manipulate the market lol.

R


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Altcoiner007 (OP)
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June 12, 2024, 10:17:34 PM
 #12


Investors are currently demonstrating a strong appetite for risk. Cryptocurrency investments are of course commonly recognized as risky and speculative, but you'll agree that meme coins poses even greater risks. Presently, there is a wealth of indicators indicating that investors are seeking high-risk opportunities, such as stalking various meme coins, with speculation of a 50  -  500x.

I don't know who else has noticed Meme coins are experiencing a come back, and there's indication that this trend will continue. While the likes of PEPE, BONK, BOME, MEW, POPCAT are somewhat on a stand still, new Meme coins like PlayDoge, Sealana, and Base Dawgz and trending. I even found one Egypt Cat (SPHYNX) with a nice theme drawn from ancient Egyptian mythology and the significance of cats in their culture. These tokens tradeable on CEX like Bitget and on Raydium, Orca etc with investors having high expectations and view the SPHYNX token as a direct competitor to the MEW token of Cat in a Dog's World.

I'm guessing that any upcoming cryptocurrency bull market will have a unique nature with the risk of those who invest smartly making a different. Who much risk is worth taking to rightly position for kind of profit that's a dream for the bull market for most investors?

There's thousands of memecoins been launched daily and it's a bit worrisome though.. why do you think $SPHYNX will be different? Because it's on platforms like Bitget, or the community is buzzing. Please share more thoughts on this..

I'm wondering why you feel worried that a number of memecoins are launched daily. It's clear new Altcoins are added to the ecosystem daily. That's the nature of cryptocurrency. There's no control for that yet in the blockchain space. We owe ourselves the work to research and  find the most profitable ones or those ones with strong technological backings with promising prospects. As for $SPHYNX being listed on that CEX, my view on most memecoins that hits their platform often tend to gain some surge within a period. I don't know what you think about that.
Ben Barubal
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June 12, 2024, 11:46:24 PM
 #13

     There is no denying that there are so many meme coins in Sol Netwrok today; maybe one of them is cheap because of the price to be paid just to make a meme. I even found a platform where you can make a meme coin for less than 1 dollar and fight it against meme coin hunters.

     It's just that if the cost is cheap, that means that you can expect it to be just a matter of time if you can raise money in that style, and the one who knows that it's a detour is probably the one who repeatedly experiences profit in that kind of thing, I think. only.

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teamsherry
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June 12, 2024, 11:49:17 PM
 #14

     There is no denying that there are so many meme coins in Sol Netwrok today; maybe one of them is cheap because of the price to be paid just to make a meme. I even found a platform where you can make a meme coin for less than 1 dollar and fight it against meme coin hunters.

     It's just that if the cost is cheap, that means that you can expect it to be just a matter of time if you can raise money in that style, and the one who knows that it's a detour is probably the one who repeatedly experiences profit in that kind of thing, I think. only.

Since its cheap it's also affordable for even unexperienced people to create, everyone wants to own a token now it has become trend, and that's why scammers love the niche, you only have to spend money on traffic and your good to go, its best we all be careful with our memecoin hunting least we fall into a scam situation.

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June 12, 2024, 11:56:41 PM
 #15

Risk isn't even the right word.  Insanity is more like it lol.  There are so many mecoins and with each new one that comes out the pool of people and the limitless amount of coins is going to get spread way too thin.  I know people are making good money on it now but these are all worthless projects in the end.  Greed is going to make a lot of people broke when the dust settles.

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June 16, 2024, 05:21:45 PM
 #16

Risk isn't even the right word.  Insanity is more like it lol.  There are so many mecoins and with each new one that comes out the pool of people and the limitless amount of coins is going to get spread way too thin.  I know people are making good money on it now but these are all worthless projects in the end.  Greed is going to make a lot of people broke when the dust settles.
i also wonder what will happen with all those token after the bull end. Now we have so many memecoin with big marketcap. Doge stayed because it has no competition before but all those token now have new competitor popped up every other day fighting to get people money like you said. But i guess it is also what happened with all coin, yet they still able to get high marketcap while older coin still survive which means people money not yet spread too thin
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