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Author Topic: Is 2024 the Year of Memecoins?  (Read 641 times)
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August 11, 2024, 08:04:06 PM
 #21

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?
We don't know what the future holds for Memecoin, although we've seen that it's often laughed at, it's just a game of those with money, 2024 may be a mystery for the crypto market that we're blind to.

The thing that scares me is when people actually gamble on memecoin who don't understand the proper foundation of how to invest properly, although memecoin can provide returns many times greater than potential altcoins in a very fast time, but every day a new memcoin comes along, even the community is also not something that can be used as a reason to look at meme projects.

Stick with the money you're prepared to lose on memecoins, it'll be much better if you force yourself to invest.

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August 11, 2024, 08:27:16 PM
Merited by SmartCharpa (1)
 #22

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.
Even when there are rug pulls, we are still going to see some meme coins that are going to perform well, but the problem is that you won’t know which one will perform well, and the one that will rug pull, mostly the ones that you don’t have any money in, is the one that will perform well, and the one that you invest in will scam you. So to avoid disappointment, it’s just better you stay away from meme coins, because you might not be lucky enough to invest in the one that is going to pump hard, the money that you will be wasting, then it’s just better if you invest it in bitcoin or other strong altcoins.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?
I also heard about the project, and I don’t have anything against it. The only thing I will say is that if you are a fan of meme coin, then always make sure you leave a small amount of money there, don’t invest heavily in it.

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August 12, 2024, 06:08:43 AM
 #23

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

There is no doubt that meme coins have been trending during the current due to entry of millions of newbies in crypto landscape with dream of becoming rich in the shortest time. I think these new comers are driving this hype.  I am afraid they will take quick take the exit when many of them will start incurring losses, as there is no real life use case backing the value of meme coins.

It is wise to invest in Bitcoin and other tops-20 cryptocurrencies those can potentially transform our financial future in the long term.

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August 12, 2024, 07:07:15 AM
 #24

It seems like this year is the year that memecoins have continued to emerge since the beginning of the year and several top meme coins have taken over the crypto market and are growing very rapidly. At first glance, memecoin is only created like a lottery or joke, but what it plays is very convincing for investors in 2024. From the altcoin side there has been no price movement on altcoins, only an increase in bitcoin and ethereum, while on the other hand there has been no passive movement, is it still possible that an altcoin bullrun will occur this year.

It also became a lot easier to create one (memecoin, I mean), ensuring a flow of not-so-good and bad projects alike flooding into the market Wink We shall see how they all will feel after the BTC goes up in the months to come (as it should).

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August 12, 2024, 07:55:39 AM
 #25

2021 was actually a bull season, the same as 2024, and during the bull market, so many altcoins usually experience price pumping, but so many altcoins too don't experience bull run, so if you are a lucky investor that invested in any of the meme coins that will be pumped, then you can luckily make a huge profit. According to speculation, 2025 is going to be the year we'll experience the price peak of Bitcoin, and if that comes to light, so many altcoins will also be pumped by then.

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August 12, 2024, 08:09:41 AM
 #26

It seems like this year is the year that memecoins have continued to emerge since the beginning of the year and several top meme coins have taken over the crypto market and are growing very rapidly. At first glance, memecoin is only created like a lottery or joke, but what it plays is very convincing for investors in 2024. From the altcoin side there has been no price movement on altcoins, only an increase in bitcoin and ethereum, while on the other hand there has been no passive movement, is it still possible that an altcoin bullrun will occur this year.

It also became a lot easier to create one (memecoin, I mean), ensuring a flow of not-so-good and bad projects alike flooding into the market Wink We shall see how they all will feel after the BTC goes up in the months to come (as it should).
Normally when the price of Bitcoin goes up, other coins tend to follow it's trend including those pump and dumps but then I don't think I'll want to hold any meme coin apart from DOGE for long regardless of it's potential, even while holding DOGE, I do thread with caution memecoins are the joke of Cryptocurrency and putting too much hope on a mere joke could turn out bad. However I've been monitoring Notcoin for a while since it's launch on the Ton blockchain chain, I think it's one of the most recent meme coin with lots of potential, I'm not advising anyone to jump into it but it's something one could add to their watchlist and observe it's progress like am doing, well let's watch and see it's improvement when Bitcoin goes higher, I feel it's one of the meme coins that would make name like DOGE and PEPE, another one to look out for is PlayDoge.

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August 12, 2024, 08:16:41 AM
 #27

2021 was actually a bull season, the same as 2024, and during the bull market, so many altcoins usually experience price pumping, but so many altcoins too don't experience bull run, so if you are a lucky investor that invested in any of the meme coins that will be pumped, then you can luckily make a huge profit. According to speculation, 2025 is going to be the year we'll experience the price peak of Bitcoin, and if that comes to light, so many altcoins will also be pumped by then.
It'd be great if the bullrun really come, market sentiment is at worst and i'm sure that the entire Q4 of this year will be full of price swinging just like how BTC went from $63k to $51k and goes back to $63k.

good news though, meme coin are still looks quite promising in general so there's nothing to worry about whether this year will be year of meme coin or not because it definitely is.



i'd say that meme coin are pretty solid, most of them still got good value increase in the 7d data.

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August 12, 2024, 08:24:42 AM
 #28

Meme coins are like lottery games, but you have nothing to worry about if you invest what you can afford to lose, just make sure you buy when the price is very low and the project is new, still you could come back the next day and see the project gone, meme coins are too risk for my liking, but its no more a secret that when the market pumps even shit coins do magics as well.

In this case, risk very little on meme coins, maybe 1-2% of your portfolio as meme coins and concentrate more on projects with good utilities.

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August 12, 2024, 01:55:29 PM
 #29

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

You can shill it any way you want, but the fact remains that investing in memes is gambling. Look at the community—it's flooded with memes—and see how many have been launched and how many more will come out.

Investing in memes is a big gamble because they do not need a use case; they are pump-and-dump, and they just copy features of past and existing meme coins. All the memes that come and will come claim that they are the next big thing or the PEPE or Doge or Shib killer.

Memes are still in the spotlight because they have become whales' playgrounds. They can manipulate the market and dump it afterward. I'd like to think they are conniving with developers because after the dump, the developers do a rug pull.

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August 12, 2024, 02:48:08 PM
 #30

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.
I think the wave will be more in the coming year. Many of these telegram meme coins will succeed and some will fail as usual.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.
Whenever there is bull run, many projects will be launched. It is the brief wave of bull run that blew in the industry that resulted to the birth of these meme coins.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?
Bet on the medium is always a good one. On the long term, many things can actually change because the market is dynamic.

R


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August 12, 2024, 03:29:30 PM
 #31

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?
Not gonna lie, they're what garnered the hype, but the one that really bolstered this season's the advent of coins that are packed with features and benefits, bitcoin and the RWA industry to be specific. Memecoins are still garnering likes and impressions on twitter, and they have a sizable marketcap still, but with blackrock investing on RWA/DePin projects and more people leaning towards coins with certainty rather than quick bucks, memecoins are eventually gonna be tossed to the side in favor of these coins.

So yeah, as much as I like memes and how much they've fattened up my wallet this year, I think it's safe to say they aren't the kings, or the narrative of this bull season anymore. They have to make way for more deserving narratives and sectors, this doesn't mean they're down though, you can still invest and earn a sizable profit from them.

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August 12, 2024, 04:50:52 PM
 #32

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?

It's now August month, and I am still seeing meme coins popping left and right. You know what chain are they on? Solana lol. So I can't deny the fact that 2024 is really Year of Memecoins. Frankly speaking, I still got some good memecoins, like Notcoin, BOME, WIF and MYRO.

So, looking at what you mentioned is also on Solana chain. I checked it on Coingecko, the market cap is below 100M, so I could say it's a good one to get in and sell off for profits early. I also joined their group and saw they were talking about Bitget listing, so they are still on the track to get all major cexs list the token & pump it.
I think they can still pull this off, and you know they got Poolx event on the cex as well, just stake BTC and earn catdog, so I say just stake it and get all rewards to sell it to make all profits as much as you want.

Anyways, just don't put money that you can't afford to lose.
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August 12, 2024, 04:53:30 PM
 #33

2021 was actually a bull season, the same as 2024, and during the bull market, so many altcoins usually experience price pumping, but so many altcoins too don't experience bull run, so if you are a lucky investor that invested in any of the meme coins that will be pumped, then you can luckily make a huge profit. According to speculation, 2025 is going to be the year we'll experience the price peak of Bitcoin, and if that comes to light, so many altcoins will also be pumped by then.
If bitcoin reaches its historical peak in 2025 as expected, altcoins will definitely get their share of this. However, I still do not think there will be an Altcoin Bull like in the past. There was a period when some of my friends talk about any Altcoin increasing by 50-60 times. The same situation will probably not happen again because the market volume is much higher than that time. Still, people are eagerly waiting for even 2-3 times increases.

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August 12, 2024, 05:17:44 PM
 #34

Didn't this craze already happen in the previous season? Are you saying it will happen again? I think it's nothing more than a complete change of target. Instead of meme joke coins, at least stick to tokens that focus on technology and services provided. Hey, anyway, it's not really up to me to say that.

So you have a chance to win. In my opinion, if there is a good rise this season, volume and pricing will come to projects that are not based on titles but on defi, meme, but on projects that are of quality. Certainly, there are projects that are good at meme coins and have a strong community.

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aioc
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August 12, 2024, 05:19:40 PM
 #35

Yes, the meme era is continuing; every industry and every chain has its memes to represent them in the Cryptocurrency community. However, not all that glitters is gold, and not all that is hyped is promising. Investors should dig deep. Investing in memes is not only high risk but also full of uncertainty.
I have proven it myself: don't be blinded by hype like what OP is doing; it may be doing great now, but it may not be after a few months.

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August 13, 2024, 02:42:04 AM
Last edit: August 13, 2024, 06:06:14 AM by Sayeds56
 #36


If bitcoin reaches its historical peak in 2025 as expected, altcoins will definitely get their share of this. However, I still do not think there will be an Altcoin Bull like in the past. There was a period when some of my friends talk about any Altcoin increasing by 50-60 times. The same situation will probably not happen again because the market volume is much higher than that time. Still, people are eagerly waiting for even 2-3 times increases.

Absolutely, I think Bitcoin could reach new all time (ATH) even before the year-2025 begins. It will largely depend on FED decision to announce lending interest rate cut and who wins the elections in USA in November-2024. These events will definitely have positive impact on overall alts coins market, however, I believe only those alts will deliver exceptional performance which are backed by professional teams who focus on technological advancement such as Solana, Ton and Near networks coins.

Regarding, year-2024 is the year of memecoi, indeed, they have been in spotlight,  but their role as trend setter is not fully recognized as their intrinsic value is questionable due to lack of utility. .  

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August 13, 2024, 07:07:30 AM
 #37

It seems like this year is the year that memecoins have continued to emerge since the beginning of the year and several top meme coins have taken over the crypto market and are growing very rapidly. At first glance, memecoin is only created like a lottery or joke, but what it plays is very convincing for investors in 2024. From the altcoin side there has been no price movement on altcoins, only an increase in bitcoin and ethereum, while on the other hand there has been no passive movement, is it still possible that an altcoin bullrun will occur this year.

It also became a lot easier to create one (memecoin, I mean), ensuring a flow of not-so-good and bad projects alike flooding into the market Wink We shall see how they all will feel after the BTC goes up in the months to come (as it should).
Normally when the price of Bitcoin goes up, other coins tend to follow it's trend including those pump and dumps but then I don't think I'll want to hold any meme coin apart from DOGE for long regardless of it's potential, even while holding DOGE, I do thread with caution memecoins are the joke of Cryptocurrency and putting too much hope on a mere joke could turn out bad. However I've been monitoring Notcoin for a while since it's launch on the Ton blockchain chain, I think it's one of the most recent meme coin with lots of potential, I'm not advising anyone to jump into it but it's something one could add to their watchlist and observe it's progress like am doing, well let's watch and see it's improvement when Bitcoin goes higher, I feel it's one of the meme coins that would make name like DOGE and PEPE, another one to look out for is PlayDoge.

Yeah, I would put PEPE near DOGE, as you said at the end. After all, they are the big guys on the meme market, and they are not going out of it in the near future Grin

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August 15, 2024, 06:39:11 PM
 #38

good news though, meme coin are still looks quite promising in general so there's nothing to worry about whether this year will be year of meme coin or not because it definitely is.



i'd say that meme coin are pretty solid, most of them still got good value increase in the 7d data.

Yea, some meme coins are still looking promising despite the price swing but if you consider the altcoin market, it's not many meme coins that's going to survive if their occurs a very significant price dip, so I believe that the project owners are trying their best to make sure that the price looks convincing to new investors so that people will not lose interest to invest on the coin.  Any investor that bought the right meme coin will still make profit from their investment.

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August 15, 2024, 07:13:33 PM
 #39

good news though, meme coin are still looks quite promising in general so there's nothing to worry about whether this year will be year of meme coin or not because it definitely is.



i'd say that meme coin are pretty solid, most of them still got good value increase in the 7d data.

Yea, some meme coins are still looking promising despite the price swing but if you consider the altcoin market, it's not many meme coins that's going to survive if their occurs a very significant price dip, so I believe that the project owners are trying their best to make sure that the price looks convincing to new investors so that people will not lose interest to invest on the coin.  Any investor that bought the right meme coin will still make profit from their investment.
If you are a gambler on memecoins, then don't be too impulsive on one coin that you trust, because of the many memecoins that exist now, even in the 100 marketcap position there will definitely be one that gives a big gain, but we also understand that the bad possibility on some of them will make you lose money, so diversify the memecoins that you will bet on the bull season.

All developers do their best for their projects to experience high demand, but few survive and experience exponential growth.
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August 15, 2024, 08:52:27 PM
 #40

So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.

Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.

But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?
There are rumors that the next narrative on the next bull run wouldnt really be into those blue-chip narrative like AI, RWA,DEFI etc. but rather its on meme coins. It is really that hard to believe
that we would really be ending up into this kind of trend on which we know that or really that hard to believe that it would really be definitely happening. We cant really be able to avoid that
meme coin season is really that do exist but we just dont know on how long it would really be something like this when it comes into this condition. It is really just that depends
on the demand and recognition of course but we shouldnt really be that removing into our minds that there would really be those specific cycles on which this market could rotate upon.
This is why you should really be that wise on taking up decisions on taking up profits on the time that you do have the chance on doing so.

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