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July 06, 2024, 06:26:36 PM |
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I would start to look at meme coins more seriously, I could even think about investing in them
I do not think that you would get a chance to test your capital with memecoins. 99% of altcoin devs are scammers who ruined the entire industry and also degraded the reputation of bitcoin market as well. Very soon that we can expect altcoin industry to start falling down due to lack of support from investors. I guess it is surviving till date because of new investors but awareness will spread and new investors also will start avoiding altcoins sooner. Most people who are involved with altcoins are aware that altcoins are just a means of making high profits quickly or else they will lose everything quickly. They know that altcoins have been created by scammers, because that's why they even think that if they create a new altcoin they need to make profits of 10x to 100x because then they will have many projects that will make them lose money. I have read people who invest in altcoins saying that they see investing in alcoins as a game in which whoever is lucky enough to invest early wins. people who are unlucky enough to invest late lose money. but in my case I always prefer to just invest in bitcoin, I don't expect to get 10x profits from investing in bitcoin, but at least I will be happy with a 3x or 4x profit. I will hold bitcoin until I have this 3x or 4x profit because I bought it at $40,000, I don't invest in altcoins The answer is simple, those meme coin projects that bring actual utility for their communities are going to stay because they are going to have use cases and people will keep using them in the future as well, and meme coins that have no utility at all and have no projects or functionalities backing them up may gain temporary hype and gain some value but they will eventually die and will be replaced by new ones.
However, despite all these things, I wouldn't recommend anyone spending a lot of money on meme coins hoping that they are going to get rich by doing this because even if a meme coin has a project backing it up, it will still contain a lot of risks and one should only invest a small amount in it to try their luck so that they don't lose a lot of money.
the problem with meme coins is the same problem that has been happening in the altcoin market in general: " copy - paste ". If tomorrow a guy comes along and creates an altcoin Z that allows you to improve Google Maps, for example, and this altcoin is successful and sees a big price increase? in the following weeks there will be many new altcoins with the same idea
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dansus021
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July 07, 2024, 09:10:41 PM |
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I iust recently reply to another threads that discuss about memecoin but if you ask Where do you think memecoins will go in future? The answer would be the same like now or will cease to exist. I mean memecoin is oversaturated the hype is everywhere and if this a balloon the bust like going to happen anytime beside that there is no real use case apart from fun.
So in my opinion it can go die or stay the same like now
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Marykeller
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July 08, 2024, 04:20:52 PM |
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I don't think memecoins would last long in the market as people thought. Each memecoins launch in the market, survives by the hype given to it by her community and that doesn't last more than a year.
As Pepecoin, Bonk, COQ and the rest of them are the talk of the market to be the profit maker for investors in the next bull run, I believe after the bull run, nobody would talk more of them. Before 2028 halving, many would die off from the crypto space and new memecoins will arrive to be the new talk of the market towards making huge profits for investors within a short time. That how I see the future of memecoins goes
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andyou1234
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July 09, 2024, 06:33:34 PM |
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memecoin is a toy coin that is only stuck in temporary trends so its future is very uncertain in the crypto world, especially now that so many meme coins are popping up without any definite clarity, I suggest that if you want to invest in the long term, it's best to choose It's the altcoins that are in the top 10 CMC, because the altcoins that are in the top 10 have a big opportunity for you to make a profit in the future,
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Zanab247
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July 09, 2024, 07:05:14 PM |
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Memecoins will go far in the future op, because there are some memecoins in the market that is helping people to earn profit from short term hodling, and they have gathered so many customers in the industry. Solan and Dogecoin has opened the eyes of memecoins investors to increase their money on those memecoins business because whenever they invest their money on them, it allow them to earn what will make them to have the opportunity to invest when the price drop down.
I guess there are many memecoins that will going to be launch in the future, and they will display positively to create more opportunity to those that will be lucky to be part of the memecoins, and some memecoins will going to disappear from the market for other new memecoins to reign, which you don't allow such thing to make you panic about memecoins in the industry.
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Samurai trieng
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July 09, 2024, 08:45:59 PM |
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As time goes by, I think memecoin will continue to develop in the future because there are more and more fans of memecoin over time, but I personally am not sure that meme coin can compete with altcoin in the future, because it is based on record until now there has not been a single memecoin that stands out that can surpass altcoins,
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sulendra12
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July 09, 2024, 11:15:22 PM |
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The keyword is "meme" here and if there is no hype and influencers step up to crank the hype level to the highest by promoting them then it's pretty much will die like other meme coins out there.
Doge is surviving until today because of how strong the community is and related to the dog we knew and cared about. This is pretty much the cycle of every meme coins out there, if the project suddenly blow up then there is something that triggers this event probably there is big influencers say something about this or even as a community just create the hype by themselves.
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libert19
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July 10, 2024, 06:09:09 AM |
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I honestly see them going nowhere because memecoins are such a useless thing, but as long as people will have hope to get rich from them, they'll keep existing.
Thousands of memecoins pop-up but very few survive ( $SHIB, $PEPE, $WIF), and this survivorship bias is what crypto newbies are falling prey for, and what memecoins makers are preying at.
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Webetcoins
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July 10, 2024, 09:16:02 AM |
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The answer is simple, those meme coin projects that bring actual utility for their communities are going to stay because they are going to have use cases and people will keep using them in the future as well, and meme coins that have no utility at all and have no projects or functionalities backing them up may gain temporary hype and gain some value but they will eventually die and will be replaced by new ones.
However, despite all these things, I wouldn't recommend anyone spending a lot of money on meme coins hoping that they are going to get rich by doing this because even if a meme coin has a project backing it up, it will still contain a lot of risks and one should only invest a small amount in it to try their luck so that they don't lose a lot of money.
I agree, I also feel that no one should take a huge risk on memes coins. Nowadays, many new tokens are launched in the market and some are going to be launched and most of them are being told that they will come in the market and give good profit I think they are fake. If people have low incomes and cannot invest in Bitcoin because the price of Bitcoin has gone far out of their reach, still there are good alternative coins in the market that always have all their investors benefited and never disappointed its users then why waste even a little money on meme coins? I think if people who benefit from meme coins are only lucky and nothing else because it's just like gambling where you place your bet and hope for the best outcome.
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Essential10
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July 11, 2024, 07:28:20 PM |
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As time goes by, I think memecoin will continue to develop in the future because there are more and more fans of memecoin over time, but I personally am not sure that meme coin can compete with altcoin in the future, because it is based on record until now there has not been a single memecoin that stands out that can surpass altcoins,
People have become more accustomed to social media since people spent more time indoors when the world was infected with the coronavirus. I think meme coin is still trying to survive around social media. People are attracted to cheap coins because people want to eat more with less. So I'm not writing off meme coin at all, there will be ups and downs and many more coins will disappear again in the future, meme coins will go through a cyclical state. I don't want to argue here whether meme coin will rise or altcoin will fall but you need to do proper analysis and go for investment because both are risky.
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Adbitco
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July 11, 2024, 11:32:22 PM |
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Already you knows the answers to what you said but sincerely speaking I don't still give that much attention to memecoin since I am not a fan of it for any reason and from how it's always builds there isn't much usecase except for some of them but I doubt it's a coin to be hold for longer period even with the hype currently over the space. I know very soon memecoin could just be liken or rated as NFTs time soon and lots of people already don't give much attention to it but however, we still choose memecoin over NFTs.
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TastyChillySauce00
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July 12, 2024, 07:01:38 AM |
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memecoin is a toy coin that is only stuck in temporary trends so its future is very uncertain in the crypto world, especially now that so many meme coins are popping up without any definite clarity, I suggest that if you want to invest in the long term, it's best to choose It's the altcoins that are in the top 10 CMC, because the altcoins that are in the top 10 have a big opportunity for you to make a profit in the future,
I guess if the meme coin is among top 20 that has reached its equilibrium and also the market cap is too big to get rugged, it's gonna be fine, we can't decide to ignore the fact that meme coin retains their value better sometime at the time of bullish because they have their own trend or cult followers that despite of the bad sentiment of the market, these top meme coins also have quite low volatility compared to the lower ranked meme coin, so I think it's relatively good investment but regarding the risk I agree with you, the risk is higher than coin with fundamentals. surprisingly though the outlook of DOGE compared to ETH is quite similar, so I can conclude as well that dogecoin more or less just follow the market trend right now, not as volatile as before ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FGpgSPrQz%2Fdoge-vs.png&t=665&c=5mSGznrgWJ_vxQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FxjzFmwby%2Feth-vs.png&t=665&c=AyIpWULFY5c51Q)
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Cryptoababe
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July 15, 2024, 11:10:44 PM |
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I think memecoins will always be around. Also, there are some dead memecoins with outdated narratives that can no longer attract any investors. As long as the world keeps evolving, there will always be new meme narratives for new memecoins.
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AmoreJaz
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July 19, 2024, 09:08:16 PM |
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As time goes by, I think memecoin will continue to develop in the future because there are more and more fans of memecoin over time, but I personally am not sure that meme coin can compete with altcoin in the future, because it is based on record until now there has not been a single memecoin that stands out that can surpass altcoins,
People have become more accustomed to social media since people spent more time indoors when the world was infected with the coronavirus. I think meme coin is still trying to survive around social media. People are attracted to cheap coins because people want to eat more with less. So I'm not writing off meme coin at all, there will be ups and downs and many more coins will disappear again in the future, meme coins will go through a cyclical state. I don't want to argue here whether meme coin will rise or altcoin will fall but you need to do proper analysis and go for investment because both are risky. Meme projects if you will try to look at the reasoning of their existence, will give you idea whether they can survive long or not. Because most of them have shallow foundation, you can expect that they won't last after the team exhausted their opportunity to pocket money as much as they can. Hence, a very risky move if you will invest your hard-earned money from these projects. But if you have the time to keep up and explore their profitability, why not? Most of them are just for short-term profits. If you fail to keep up, you will be holding worthless tokens later on.
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Ojima-ojo
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July 24, 2024, 10:15:06 PM |
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memecoin is a toy coin that is only stuck in temporary trends so its future is very uncertain in the crypto world, especially now that so many meme coins are popping up without any definite clarity, I suggest that if you want to invest in the long term, it's best to choose It's the altcoins that are in the top 10 CMC, because the altcoins that are in the top 10 have a big opportunity for you to make a profit in the future,
Taking a read through some of the memecoin project paper I fund out that most of them have no ecosystem to support their project as far as sustainability is concerned and this is what make memecoins to only be considered as a short term speculative assets. If you risk your money on memecoins, just know that you are taking high risk and to be at a safer side you need to have a short term investment plans and not relying on the hypes.
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tygeade
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July 25, 2024, 06:15:40 PM |
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Meme projects if you will try to look at the reasoning of their existence, will give you idea whether they can survive long or not. Because most of them have shallow foundation, you can expect that they won't last after the team exhausted their opportunity to pocket money as much as they can. Hence, a very risky move if you will invest your hard-earned money from these projects. But if you have the time to keep up and explore their profitability, why not? Most of them are just for short-term profits. If you fail to keep up, you will be holding worthless tokens later on.
That is exactly what people should be looking at, we are talking about something that is not there for you to make money, and because of that, you should not invest to make money neither. If the premise of a project is "look how fun it is, why don't you fund us?" then it's clear that they are just trying to make money and nothing more, that's it. This is why it's smart to avoid those projects, and invest into something a bit more serious. I understand that it is going to take a while, but it won't be really that complicated neither, it is something that will not be easy at all. We should realize that it is going to be a little harder, because picking something for fun is easy, you just pick the most fun name or something.
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dunfida
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July 25, 2024, 08:47:08 PM |
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As time goes by, I think memecoin will continue to develop in the future because there are more and more fans of memecoin over time, but I personally am not sure that meme coin can compete with altcoin in the future, because it is based on record until now there has not been a single memecoin that stands out that can surpass altcoins,
People have become more accustomed to social media since people spent more time indoors when the world was infected with the coronavirus. I think meme coin is still trying to survive around social media. People are attracted to cheap coins because people want to eat more with less. So I'm not writing off meme coin at all, there will be ups and downs and many more coins will disappear again in the future, meme coins will go through a cyclical state. I don't want to argue here whether meme coin will rise or altcoin will fall but you need to do proper analysis and go for investment because both are risky. Meme projects if you will try to look at the reasoning of their existence, will give you idea whether they can survive long or not. Because most of them have shallow foundation, you can expect that they won't last after the team exhausted their opportunity to pocket money as much as they can. Hence, a very risky move if you will invest your hard-earned money from these projects. But if you have the time to keep up and explore their profitability, why not? Most of them are just for short-term profits. If you fail to keep up, you will be holding worthless tokens later on. Those things are really that good for short term and this is why you should really be that careful on dealing with it because once you do decide on holding up a meme coin then you are just basically putting up yourself on such condition or situation that you might be able to bag a shit coin, because on the time or moment that the hype dies down then it would really be that over for such meme coins. However, there are instances on which there are meme coins which are really that worth to hold up specially if the community support or simply the demand is really that high. Then,there would really be those chances that a certain holder would really be ending up on having that kind of probability of becoming rich but of course these are just rare chances but odds for it to happen is really there. This is the main reason why on why there's so much interest on dealing up with meme coins just because it is really that giving that kind of opportunity but somehow dealing up with something like this does really involved that kind of risks level on which not everyone could really be able to indulge or someone could be easily be able to deal or bare with it. So it would really be just that depending into someones approach.
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X-ray
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July 26, 2024, 03:26:31 AM |
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I think memecoins will always be around. Also, there are some dead memecoins with outdated narratives that can no longer attract any investors. As long as the world keeps evolving, there will always be new meme narratives for new memecoins.
the meme community actively trying new narrative after everyone got bored of the previous one, around this bullrun plenty of narrative already being shoved up to the market including celebs token, ai meme, omnichain meme coin even zodiac coin LOL ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . they are full of ideas but ultimately only very few succeed, mostly it's because the meme coin genuine, no insider holding few percent of total supply, the meme coin that make it to the top 200 or top 100 are the coin that already have quite good decentralized token holder. it's always the shitty meme coin with the dev that tries to game the token to their advantage that always fails inexplicably.
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FanEagle
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July 28, 2024, 01:09:50 PM |
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Doge and others are not similar, just because Doge may do fine, doesn't mean that all meme projects will do fine. 99% of the memecoins are shitcoins, there is one single good one because it has been around for over ten years, and that is why it looks good, it has built a reputation and stayed top ranked for over ten years, but all the others are started to get created after Elon Musk hyped it a few years ago, you can't find any good memecoin before 2020, the only one is doge, if there were any other, it must have been down pretty low. This is why, even including shiba, I would never considering putting even one dollar in any other project aside from doge if I want to invest into a memecoin.
To be fair, I do not invest into doge since Elon situation neither, it is filled with people who have no idea what an "investment" means and they are just gambling with their money, I do not see the point of that and I think it would be a lot better to just avoid that. The reality is that we are talking about something that isn't really all that entertaining if that's the point, its literally just putting up money and hoping that it would go up in a hype when someone tweets about it, no dice for me.
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asriloni
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July 28, 2024, 11:59:45 PM |
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I think memecoins will always be around. Also, there are some dead memecoins with outdated narratives that can no longer attract any investors. As long as the world keeps evolving, there will always be new meme narratives for new memecoins.
There are many dead meme tokens, but some are still alive. Then, the most difficult task to find a hidden gem. But when you able to find a meme token that is legit, and it can give you lots of money in a short time. People will keep create new meme tokens for the pump and dump purpose only. The narrative will always be the same, and the production of meme token will never stop.
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