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Author Topic: You Can Expect Anything From Meme Coins  (Read 154 times)
VicManton (OP)
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July 02, 2024, 09:09:11 AM
 #1

Just when I thought I had seen it all, I found a new thing in the crypto meme would that caught my attention than the usual memes you can think of.

 The usual memes are those you will see replicating some community vibes about anything in the animal realm, but now it is about Jail here and guys, this is really funny to me.

 Jail Token is launched on the Solana blockchain. It is inspired by the trend of meme tokens leveraging the market's interest in controversial individuals known for their legal issues or public scandals, providing users with a "prison space" to judge these malefactors.


The team's theme, "Made in Jail”. But does this mean a support for jail guys to feel the vibe in crypto?
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July 02, 2024, 01:11:07 PM
 #2


Jail Token is launched on the Solana blockchain. It is inspired by the trend of meme tokens leveraging the market's interest in controversial individuals known for their legal issues or public scandals, providing users with a "prison space" to judge these malefactors.


This is one of the endless themes about memes, and we will have more coming in; they have all the same features but no solid use case like all the other meme coins in the market.

The meme market is over-saturated. You can't just pick a coin and believe in its potential when they are just pumped and dump coin and use shilling to market their meme.

So if you're going to invest in meme coins, be sure you do your research and make sure that it's different from all the other memes in the market that resulted in investors losing their money.

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July 02, 2024, 02:02:02 PM
 #3

The thing why people are crazy about memecoins is the crazy way their prices move. They don't need to have any plans, roadmaps, something to show or a development phase. No one is keen for the coin to have a smooth network or a working defi. Meme coins pumps and dumps without reasons. And in some cases tens and thousands of time. But again not all meme coin rises. A lot of them never reaches their pre-sale price. A lot more have an initial price bump and never gets back to it. Only a few of it are successful and lasts years. You know they are successful only after they have became one.

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July 02, 2024, 02:04:04 PM
 #4

This is one of the endless themes about memes, and we will have more coming in; they have all the same features but no solid use case like all the other meme coins in the market.
Anything with a community, anything that can be found funny can be turned into a memecoin. This is why we see many memecoins because about anyone can make one with whatever idea they want. It can be useless and it can still somehow gain traction.
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The meme market is over-saturated. You can't just pick a coin and believe in its potential when they are just pumped and dump coin and use shilling to market their meme.
Memecoins mostly have no real purpose but just for money. Better to take advantage than miss out on some profit.

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July 02, 2024, 02:37:02 PM
 #5

Well, looking at the huge numbers of their competitors, you won't be surprised by their creative ideas to make their meme coins unique from others and the strange thing about it is you still find lots of investors buying it because you don't know where you can make profit from these meme coins.

Though their ideas are strange and innovative, you still find that some of them will make huge amounts of money because of the way they promote their project and many will invest in it. Just like the Memecoins back then we thought that would never make it to the top but look at them now, as soon as they gathered enough funds, they expanded their platforms and became one of the best Memecoins available in the crypto market today.

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July 02, 2024, 02:58:45 PM
 #6

Are we done with dogs?  I don't think we are done with dogs. Memes are supposedly funny why are they heading to something that is not?  That's what I expect from a member of something that the community finds funny like the Hawk Tuah. At least the MAGA is funny even when it's not a dog.

But then anyway, if they are making money out of those jail token, why not. Making money is the other purpose too.

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July 02, 2024, 03:06:44 PM
 #7

Well, looking at the huge numbers of their competitors, you won't be surprised by their creative ideas to make their meme coins unique from others and the strange thing about it is you still find lots of investors buying it because you don't know where you can make profit from these meme coins.

Though their ideas are strange and innovative, you still find that some of them will make huge amounts of money because of the way they promote their project and many will invest in it. Just like the Memecoins back then we thought that would never make it to the top but look at them now, as soon as they gathered enough funds, they expanded their platforms and became one of the best Memecoins available in the crypto market today.

Exactly, it's just about trying to create uniqueness but in the same meme community.
It's like when reputable coins financial gains the approved to build its blockchain just as Solana does. It all feels a uniqueness of it among other MemeCoins so, future coins developers could be little creative in the community too with same goals of other projects basically to attracted popularity based on its something new in addition to others.

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July 02, 2024, 05:08:17 PM
 #8

Its all about like gambling to put money in memecoin. We have seen in past that most of the project has lost and the fraud people has gone with lots of money. Its nothing about any project. Just come with few known concept and try to make some positive vibes and run away. However its true that few of them has a good stand up on the market but most of them are dead. So if anyone like gambling with low amount if he/she is luck the get a huge result but never suggest it to anyone.

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July 03, 2024, 03:16:15 AM
 #9

That is why they are called meme coins,  there is no special thing about them so anyone investing won't expect any special thing other than to make profits. This is what everyone should know and play accordingly irrespective of the name given to a meme coin.
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July 03, 2024, 06:23:53 AM
 #10

I mean those guys over solana definitely trying to find some unique, quirky idea to attract attention since entire meme coin leverage lies on its branding to attract people's hype so it make sense that they might try to pull off some ridiculous name.

always the never ending narrative and out of the box branding with the meme coin scene. but I guess it's just gonna be short lasting meme coin like any other, but if you think about it, can you believe it that raydium literally have $160 million trading volumes in 24 hour mostly made up of these random meme coins which is ridiculous Grin Grin


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July 03, 2024, 09:57:37 AM
 #11

Its all about like gambling to put money in memecoin. We have seen in past that most of the project has lost and the fraud people has gone with lots of money. Its nothing about any project. Just come with few known concept and try to make some positive vibes and run away. However its true that few of them has a good stand up on the market but most of them are dead. So if anyone like gambling with low amount if he/she is luck the get a huge result but never suggest it to anyone.
Yes, so it's either you win if the meme coins became successful and your gamble pays-off, or you lose big money because the meme coins didn't take off as it used to be. So just be very careful on meme coins, and there could be some who make a good amount of money, but then again, there are investors who don't have any experience in the beginning and they thought that it's a get rich quick scheme, losing big amount of money as well. So it's break even and this is how the market operate sad to say. So if you really don't know what you are doing in the first place, I will stir away from meme coins and never invest a single satoshi.

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July 03, 2024, 11:53:43 AM
 #12

That is why they are called meme coins,  there is no special thing about them so anyone investing won't expect any special thing other than to make profits. This is what everyone should know and play accordingly irrespective of the name given to a meme coin.
Many investors do not worry about as of which purpose are this memecoin created, they just want to get involved early into the market then quickly pull out once the market is on the bull run to avoid funds loss, that is the absolute reason why we have many failed projects because they lack real potential.
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July 03, 2024, 01:01:00 PM
 #13

Anyone who is interested in memecoins should be very careful cause they are lots of scam projects involved and you can't even tell which is good from the other, so it is good that we take precautions before going into them and one good way is to check their whitepaper, whitepaper give out a lot cause any scammers either use plagiarised whitepaper or their whitepaper doesn't explain much, that is a good way to tell.
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July 04, 2024, 04:56:06 PM
 #14

But when you are into long term hodling with memecoins project, it can surprise their investors with negative results, because it will continue dumping until the memecoin project leave the market, which are some of the things some people can expect from memecoins project.

But if you prefer short term hodling with memecoins, you will be lucky to see the positive result from memecoin  project because any new memecoin project that will launch in the market, it will start pumping to make many people to show interest in that project, but it will not going to pump long before it will start dumping to some stage to disappear from the market. If you want to expect something big from memecoin project, try to invest once the memecoin project is launch and begin to watch the movement of the price before you can sell to take a good profit.

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July 04, 2024, 05:20:44 PM
 #15

Yes you can as it can be a big shot or you can crash into the ground. Also its not for everyone due to the lack of proper methods to find a good one. Many people will say you need to find a strong community but i think its a grain in the sand because anyone can build a community and hire bot to make it look real. Its next to impossible to find a strong meme community till it well established in the industry. By that time all the meme fun is gone and there is no point of investing in them.
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July 04, 2024, 05:29:55 PM
 #16

I don't like this meme, Jail Token; memes based on Crypto terms should be fun and something we can relate to, so we have cats, dogs, and celebrities. I don't think a Jail meme that relates to scams and criminals can generate interest among investors.
I prefer the one I stumbled upon a few days ago, which relates to drinking beer. I just forgot the name; it has a better chance of success, than this Jail token.

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July 04, 2024, 07:07:36 PM
 #17

Just when I thought I had seen it all, I found a new thing in the crypto meme would that caught my attention than the usual memes you can think of.

 The usual memes are those you will see replicating some community vibes about anything in the animal realm, but now it is about Jail here and guys, this is really funny to me.

 Jail Token is launched on the Solana blockchain. It is inspired by the trend of meme tokens leveraging the market's interest in controversial individuals known for their legal issues or public scandals, providing users with a "prison space" to judge these malefactors.


The team's theme, "Made in Jail”. But does this mean a support for jail guys to feel the vibe in crypto?

If I am remembering correctly, there was at least one project like this since 2017, so I am not really surprised by this, as the people behind meme coins will do anything to try to garner the attention of that community and get their investment, I hope it does not work, but at the end I am not their target audience, so if they get enough people interested on their project, then we could expect to see this coin growing during the next weeks.
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July 04, 2024, 08:26:30 PM
 #18

I have a feeling that this is another short-lived project. Who would support such kind of meme coins idea?  May be there are few but I do not think that they will be huge enough to make the market of this meme coins compete with other meme coins.  Unless the developer have deep pocket to create a fuzz or a superb marketing scheme, I wonder how many months would the hype of this meme coins will live.

I don't like this meme, Jail Token; memes based on Crypto terms should be fun and something we can relate to, so we have cats, dogs, and celebrities. I don't think a Jail meme that relates to scams and criminals can generate interest among investors.
I prefer the one I stumbled upon a few days ago, which relates to drinking beer. I just forgot the name; it has a better chance of success, than this Jail token.

I also feel that with the theme of Jail token, it would be long forgotten even before it is known to masses.  Although the theme is kinds unique, I do not think it can outshine those themes that make use of cutesies.

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July 04, 2024, 09:55:58 PM
 #19

Any innovative idea that relies on humor/fun and is controversial and interesting can be applied to a meme coin project. It is not limited to memes of animals, dogs, or even people; anything that trends will have meme coins following its hype.

Jail coin played a different role by leveraging the notoriety of infamous individuals stuck in people's minds to create a quickly spreading promotional idea. It's worth mentioning that Jail coin was listed on Bitget on July 1st, but it is now experiencing a significant decline of 76.0% from its all-time high (ATH), with the price reaching $0.0017 when writing this post. This highlights the price volatility of meme coins, and no one can be certain of their continued attraction to investors, especially since it appears to be a new project lacking marketing campaigns.

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tygeade
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July 05, 2024, 07:28:23 PM
 #20

If I am remembering correctly, there was at least one project like this since 2017, so I am not really surprised by this, as the people behind meme coins will do anything to try to garner the attention of that community and get their investment, I hope it does not work, but at the end I am not their target audience, so if they get enough people interested on their project, then we could expect to see this coin growing during the next weeks.
That's right, each project has its own niche' and that targets specific users that has the same interest on that field but I think it is also possible for a project to widen their support, so that they can garner lots of audiences. Even not meme coins but all businesses are like that. They need to market their product or catch the attention of the community. That is the only thing for them to get heard and interested people will start checking them and start availing their products and services offered. The year 2017 is supposed to be a good era for cryptos and even on meme coins because they are still kind a new and the number of scam projects are still less.

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