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Author Topic: TIME FOR ETH MEMECOINS TO THRIVE?  (Read 166 times)
Abiky
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August 09, 2024, 01:38:12 AM
 #21


It seems the memecoin momentum has returned to Ethereum. Recently, I observed Neiro skyrocketing by about 35x in just a few days. Now, I'm considering exploring other Ethereum-based memecoins like WHY, as it seems to have similar features to Neiro.

Are any of you into meme trading? What are your thoughts on my suspicions?. Do you think money has flowed into Ethereum for memecoins?

The hype won't last for long. Especially when ETH has limited transaction capacity. Chains like Solana and TRON are better for this. I'd expect whales and early adopters of "meme" coins to benefit from the hype. The rest will get "rekt" in the long run.

It seems money is flowing into "garbage" after the recent plunge of both the crypto and stock market. Investors are trying to make money one way or the other. It's too risky. I, for one, have never been into "meme" trading and never will. Serious coins like BTC and ETH are much more appealing to me. You are free to do whatever you want with your money. Just don't start whining if you lose it all in an instant. Cheesy

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August 09, 2024, 02:05:38 AM
 #22

The hype won't last for long. Especially when ETH has limited transaction capacity. Chains like Solana and TRON are better for this. I'd expect whales and early adopters of "meme" coins to benefit from the hype. The rest will get "rekt" in the long run.

It seems money is flowing into "garbage" after the recent plunge of both the crypto and stock market. Investors are trying to make money one way or the other. It's too risky. I, for one, have never been into "meme" trading and never will. Serious coins like BTC and ETH are much more appealing to me. You are free to do whatever you want with your money. Just don't start whining if you lose it all in an instant. Cheesy

Agreed with this take, despite having so much gain, never really got me seriously interested into investing in them because lets be frank here, if we want volatility, just go 200x leverage on BTC or ETH then we got volatility already without the risk of delisting or rugpull, I just don't understand the hype surround memes at all.

especially the meme in ETH, we all know how bad ETH has been this week around, literally so low in trading volume compared to competition heck despite ETH ETF going live it's outperformed by solana by signifcant margin, I don't think whatever meme coin ETH gonna be that great aroudn this bullish cycle.  Roll Eyes

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betswift
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August 09, 2024, 06:40:33 AM
 #23

The hype won't last for long. Especially when ETH has limited transaction capacity. Chains like Solana and TRON are better for this. I'd expect whales and early adopters of "meme" coins to benefit from the hype. The rest will get "rekt" in the long run.

It seems money is flowing into "garbage" after the recent plunge of both the crypto and stock market. Investors are trying to make money one way or the other. It's too risky. I, for one, have never been into "meme" trading and never will. Serious coins like BTC and ETH are much more appealing to me. You are free to do whatever you want with your money. Just don't start whining if you lose it all in an instant. Cheesy

Agreed with this take, despite having so much gain, never really got me seriously interested into investing in them because lets be frank here, if we want volatility, just go 200x leverage on BTC or ETH then we got volatility already without the risk of delisting or rugpull, I just don't understand the hype surround memes at all.

especially the meme in ETH, we all know how bad ETH has been this week around, literally so low in trading volume compared to competition heck despite ETH ETF going live it's outperformed by solana by signifcant margin, I don't think whatever meme coin ETH gonna be that great aroudn this bullish cycle.  Roll Eyes

Great points in both of your posts. SOL is the king of memes, in my opinion. And that won't change in the near future.

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August 09, 2024, 07:13:00 AM
 #24

before that neiro is also sky rocketing (and now dumped so hard  Grin) in solana and yes there are so many neiro coins Grin because so many individuals trying to profit off meme coin.

but honestly seeing current situation of meme coin the pattern has become unclear, there's no such thing as meme coin trend centralized in one blockchain, sometime it's in base, eth or solana. it's overall very random pattern.

but one thing for sure, the early buyers of these meme coin always dump at the peak unlike holder of doge or shib that faithfully holding onto their meme coin and don't want to sell it, just my 2 cents though.




It's true what you're saying; there's a lot of Neiro that comes up when you type his name in coinecko, and we can see that there's an under of the ETH network, Base, and Sol. Now if I'm a meme coin hunter, I'll take it for sure of risk in these, then I just hold for the short term and I will probably get a profit in them immediately.

Now, if we are talking about the long term, it can also be a 50/50 chance, especially since we are still in a correction period that can be considered, so the only sureball that is high and good here in the long term is Pepe, Shib, Toshi, Bonk, and Bone, in my opinion and just a guess.

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August 09, 2024, 09:43:01 AM
 #25

before that neiro is also sky rocketing (and now dumped so hard  Grin) in solana and yes there are so many neiro coins Grin because so many individuals trying to profit off meme coin.

but honestly seeing current situation of meme coin the pattern has become unclear, there's no such thing as meme coin trend centralized in one blockchain, sometime it's in base, eth or solana. it's overall very random pattern.

but one thing for sure, the early buyers of these meme coin always dump at the peak unlike holder of doge or shib that faithfully holding onto their meme coin and don't want to sell it, just my 2 cents though.




It's true what you're saying; there's a lot of Neiro that comes up when you type his name in coinecko, and we can see that there's an under of the ETH network, Base, and Sol. Now if I'm a meme coin hunter, I'll take it for sure of risk in these, then I just hold for the short term and I will probably get a profit in them immediately.

Now, if we are talking about the long term, it can also be a 50/50 chance, especially since we are still in a correction period that can be considered, so the only sureball that is high and good here in the long term is Pepe, Shib, Toshi, Bonk, and Bone, in my opinion and just a guess.

If we talk about Neiro on ETH, it actually grew quite well after the situation with Vitalik Buterin dumping lots of tokens that he was given for nothing, just because of the hype (as I see it). So there are many factors to take into account, however, it's still risky in the end.

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August 09, 2024, 10:45:30 AM
 #26


It seems the memecoin momentum has returned to Ethereum. Recently, I observed Neiro skyrocketing by about 35x in just a few days. Now, I'm considering exploring other Ethereum-based memecoins like WHY, as it seems to have similar features to Neiro.

Are any of you into meme trading? What are your thoughts on my suspicions?. Do you think money has flowed into Ethereum for memecoins?
We can see from various aspects that ethereum has created its own community with many networks that can be exchanged both in the form of altcoins and memecoins which are currently trending, neiro is rising very rapidly but not far from other meme coins, every time the pump price is high there will be a dump in suddenly. Now money is definitely flowing in several networks that are being developed by Eth and Memecoin which are close together to form a network that can influence market prices.

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August 09, 2024, 01:30:59 PM
 #27

before that neiro is also sky rocketing (and now dumped so hard  Grin) in solana and yes there are so many neiro coins Grin because so many individuals trying to profit off meme coin.

but honestly seeing current situation of meme coin the pattern has become unclear, there's no such thing as meme coin trend centralized in one blockchain, sometime it's in base, eth or solana. it's overall very random pattern.

but one thing for sure, the early buyers of these meme coin always dump at the peak unlike holder of doge or shib that faithfully holding onto their meme coin and don't want to sell it, just my 2 cents though.




It's true what you're saying; there's a lot of Neiro that comes up when you type his name in coinecko, and we can see that there's an under of the ETH network, Base, and Sol. Now if I'm a meme coin hunter, I'll take it for sure of risk in these, then I just hold for the short term and I will probably get a profit in them immediately.

Now, if we are talking about the long term, it can also be a 50/50 chance, especially since we are still in a correction period that can be considered, so the only sureball that is high and good here in the long term is Pepe, Shib, Toshi, Bonk, and Bone, in my opinion and just a guess.

If we talk about Neiro on ETH, it actually grew quite well after the situation with Vitalik Buterin dumping lots of tokens that he was given for nothing, just because of the hype (as I see it). So there are many factors to take into account, however, it's still risky in the end.

Memecoins are always risky and the reward is quite juicy too. Vitalik dumped but neiro community was active. If you check the exchange chart I posted. Neiro recovered very well. I'm farming the token though. With the narrative and Ogs involved. There's a huge possibility this would do well long term...
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