How do people make millions with memcoins

[TastyChillySauce00]

people like to speculate and meme is just tool, they just bet on the ongoing hype narrative and thats it, since there are so many stories going around about people making it big through meme coin, some just want to try it out and right now everyone want to get a share of the pie, therefore the big money circulation going to the meme coin niche.

and yes, it's honestly funny how a meme coin could garner this massive amount of hundred billions market capitalization, even meme coin like DOGE just surpass the valuation of some the big corporation like it's crazy if you think about it. DOGE value worth more than Ford now.

[fullhdpixel]

people like to speculate and meme is just tool, they just bet on the ongoing hype narrative and thats it, since there are so many stories going around about people making it big through meme coin, some just want to try it out and right now everyone want to get a share of the pie, therefore the big money circulation going to the meme coin niche.

It is like speculating is attached to us humans. We can even speculate the lives of other people , so how much more this market, right? I think what makes us being excited about them is their unpredictable nature. Meme coins are still a crypto (a currency) but indeed that they are also like a tool that are invented for us. It is only up to us if how we utilize them. I think a lot of us are lazy (sorry if this sounds offensive) and that is why many are always interested on earning an easy money and they can see that meme coin is one of it. Despite of it, I think huge money are still on BTC because it is ranked first. If there is big in meme coins, that will only be their supply.

[a298b112]

A few days back I did made a good return after investing in Doge coin. I invested a small amount of 3 figures and in the recent pump was able to get 20X of my investment.

Sorry, but when did Doge made 20x move recently? Did I miss something? (Or I don't know how to calculate returns.)

[Stalker22]

A few days back I did made a good return after investing in Doge coin. I invested a small amount of 3 figures and in the recent pump was able to get 20X of my investment.

Sorry, but when did Doge made 20x move recently? Did I miss something? (Or I don't know how to calculate returns.)

He might have been using leverage trading. But I agree, a 20x return on his initial investment seems highly unlikely.

[Alone055]

One thing about memecoins is they are hilariously always capitalizing on the ongoing situation in the world.

That's because they need hype to stay alive. Meme coins are inspired by things that are either funny or whatever happened or have happened in the world, which are somehow popular, and this is because a meme coin will need a fanbase to capitalize on. They need a base that will give them the initial attention and hype they require to push themselves in the market and possibly get some value. If a meme coin doesn't get any attention, it dies off very soon because people don't invest in it, and they barely have any budget for promotions and everything, at least most of them don't.

Those who miraculously make millions with meme coins are lucky. You can't anticipate the success of a meme coin in its initial stage because there is literally nothing for you to look at and say to yourself that this meme coin is going to gain a lot of hype and become successful, so you should invest in it. You simply invest a small portion of your capital in it and hope for the best, just like a bet you make in a gambling game where the outcome is always unknown.

Meme coins are for risk-takers; normal investors or traders shouldn't get around meme coins, or they will get themselves burned. 

[pakhitheboss]

A few days back I did made a good return after investing in Doge coin. I invested a small amount of 3 figures and in the recent pump was able to get 20X of my investment.

Sorry, but when did Doge made 20x move recently? Did I miss something? (Or I don't know how to calculate returns.)

He might have been using leverage trading. But I agree, a 20x return on his initial investment seems highly unlikely.

I generally don't respond to such replies like the one made by @a298b112, wherein someone doesn't have a clue how trading works. Or they don't know that there was once a time when Doge coin were given as airdrops from projects that wanted to get more telegram channel followers.

Thanks @Stalker22 for coming out and replying to the query. Yes, what you wrote is correct but I have a good amount of free money waiting which I have accumulated through numerous bounty campaigns in the past.

[FortuneFollower]

I generally don't respond to such replies like the one made by @a298b112, wherein someone doesn't have a clue how trading works. Or they don't know that there was once a time when Doge coin were given as airdrops from projects that wanted to get more telegram channel followers.

Thanks @Stalker22 for coming out and replying to the query. Yes, what you wrote is correct but I have a good amount of free money waiting which I have accumulated through numerous bounty campaigns in the past.

So the case is just that you held it for so long that it became so profitable in the end.
I applaud you for that matter - thanks for pointing things out.

[betswift]

people like to speculate and meme is just tool, they just bet on the ongoing hype narrative and thats it, since there are so many stories going around about people making it big through meme coin, some just want to try it out and right now everyone want to get a share of the pie, therefore the big money circulation going to the meme coin niche.

and yes, it's honestly funny how a meme coin could garner this massive amount of hundred billions market capitalization, even meme coin like DOGE just surpass the valuation of some the big corporation like it's crazy if you think about it. DOGE value worth more than Ford now.

The power of the communities around them.
It's bigger than any corporate body, in my book - if the support is such a big one.

[pakhitheboss]

So the case is just that you held it for so long that it became so profitable in the end.
I applaud you for that matter - thanks for pointing things out.

Nope, that is not the case as before 2021 Doge coin didn't held any significance. I didn't knew what to do with the stash as it was a meme coin that was used for gambling. I used a few or you can say a good amount through gambling. Sold some of it when the first pump came up, again used the left one for gambling and it goes on.

People don't realize that there was a time when Doge coin was given away for marketing anything. Since it was a coin accepted by online casino, individuals like me use to go for it.

[Text]

Yeah, you either use sniper bots with high slippage or have some insides - otherwise, the chances that you would make a good profit are pretty small.

Bots and inside knowledge can give an edge, but I think the real challenge is being able to recognize trends before they hit critical mass. It's a mix of timing, gut feeling, and a bit of luck. I wouldn’t say it’s all about having the perfect tools, sometimes it’s just about being in the right place at the right time, and having the nerve to make that move when everyone else is still hesitating. That said, even with all the bots and strategies, there’s always risk, and the market’s a bit of a wild card.

[coin-investor]

I find it absolutely hilarious that people make millions of funny narratives like this but I guess that's why people love memcoins

And yet there are people like Murad Mahmudov who have taken investing in memes to a new level. One guy posted about this guy and have done research on him and yes, this guy is actually making millions investing in meme coins using his method

Studying memes, market sentiment, and timing his entries perfectly

Based on this guy, strategic accumulation is the key. We all know there is money to be in memes, but it takes a lot of money and time for the strategy to pay off, and you must be willing to lose a lot and take huge risk, which of many of us are not capable.

To know more, check this article: Meet Murad Mahmudov, Now His wallet Is Publicly Available

[Solosanz]

I spent $50 to buy random shitcoins in the last year, now my money worth $9 and three of the tokens were delisted from the exchanges.

Making money in meme coins is similar like gambling, anything can happen.

Although I didn't earn by investing in meme coins, but I believe other people who earn a lot are nothing more than lucky people. Even they've tell what they did before choose the meme coins, when we follow their tutorial, we still not able to make the same money like them.

[uneng]

Not every announcements of people getting rich through memecoins are genuine. There is a lot of fake stories going on the internet being spread by the developers of such tokens in order to encourage potential investors to join the projects. I believe you have to be lucky to make millions with memecoins, investing on the right time, before the hype ends. It's quite challenging and don't worth the risk, though. Just imagine you investing money which took several weeks or months from you to be earned being wasted in a memecoin scheme without any guarantees of profit.

It sounds good only for desperate, impulsive and greedy people who aren't able to draw and follow long term goals. I can't even consider it to be an investment, because there aren't any technical fundamentals involved. It's purely speculation based on ponzi/hyip concept.

[rimoeee]

Although there are so many risk and disadvantages involved in memecoins, they also have their huge advantages. Honestly for most traders, investing in memecoins is not an option for them, especially with the fact that it is really volatile and it lacks development support but still, memecoins also has it's advantages. Traders who doesn't have a big portfolio, can purchase with the low entry price and make high returns. Their inexpensive nature is a major advantage and this can help small investors and traders to build their portfolio.

[Phoenixtrader]

Although there are so many risk and disadvantages involved in memecoins, they also have their huge advantages. Honestly for most traders, investing in memecoins is not an option for them, especially with the fact that it is really volatile and it lacks development support but still, memecoins also has it's advantages. Traders who doesn't have a big portfolio, can purchase with the low entry price and make high returns. Their inexpensive nature is a major advantage and this can help small investors and traders to build their portfolio.

Memecoins investment needs to be done early imo. Early bidders are mostly successful. It's hard to buy memes that has gotten to binance and made good money that's just it. I wrote a thread about getting it earlier on platforms like Bitget, before it hit other exchanges. I've done this with pnut, act and I'm doing it with Fred ATM. You need to act smart when it comes to memes to be profitable imo..

Another way is check for giveaways on memecoins like this. Fred campaign. There's a lot going on and at a fast paced. But always dyor

[Ararbermas]

people make millions with meme coins because they believe that the project will make an impact in the market and it's based on the roadmap as well and something that make the project very interesting and very promising for the eye of the investors. And that's starts when suddenly all meme like doges and shiba makes a mark in the market and bring million of dollars to the people who supported on their achievement. Infanct until now thats the expectation of all investors when it comes meme coins especially if there's a trending project around the internet.

[GenesisNode09]

One thing about memecoins is they are hilariously always capitalizing on the ongoing situation in the world. I remember when Trump got shot at his rally and there was already a meme for it lol

When that news about the Squirrel that was euthanized by the NYSDEC, they went ahead and created PNUT now there's a raccoon meme named FRED for a raccoon that was taken away by the government too

I find it absolutely hilarious that people make millions of funny narratives like this but I guess that's why people love memcoins

You’re absolutely right—memecoins have an uncanny ability to tap into the zeitgeist and transform fleeting moments into speculative markets. Their success lies in the perfect storm of humor, cultural relevance, and virality. The stories behind them, whether they’re about a raccoon named FRED or a squirrel-inspired PNUT, are what make them so engaging.

These coins are like internet inside jokes with a price tag, and their value is often more about the narrative than any real utility. That’s part of their charm and also their risk—people are essentially betting on how long the meme can stay funny and relevant. It’s almost a meta-commentary on the internet age itself, where attention and memes are as much currency as money.

As for people making millions off these narratives, it speaks to a larger phenomenon: the blending of entertainment, culture, and speculative investing. But it's also worth noting that while some laugh all the way to the bank, others end up on the losing side of the joke when the hype fades. So, while it’s hilarious and fascinating, it’s also a reminder to approach memecoins with caution—and maybe a sense of humor.

[aioc]

I find it absolutely hilarious that people make millions of funny narratives like this but I guess that's why people love memecoins

People will continue investing in memes and will find memes with potential as long as people are making money out of them. There are people who actually made a lot of money from meme coins, and these are the people who are in the right time when it comes pump, and they do it through strategic accumulation, which means they are there already as an early bird before the memes are shilled.
One of this is Muhrad Mahmudov He is very popular now because he publicly posted how he makes a lot of money investing in memes but his strategy has accompanied risks.

[crwth]

Isn’t everything that is happening quite interesting? I believe it is somewhat absurd that you could get that kind of return. It’s just wild because it is categorized as a meme, but it is part of investment, so if you get to be early on a meme coin, you could make some money quickly. Once it gets listed in major exchanges, that’s another one.

It's a wild world out there.

[bitcbybitc]

Isn’t everything that is happening quite interesting? I believe it is somewhat absurd that you could get that kind of return. It’s just wild because it is categorized as a meme, but it is part of investment, so if you get to be early on a meme coin, you could make some money quickly. Once it gets listed in major exchanges, that’s another one.

It's a wild world out there.

Before Tokens gets listed on major exchanges, it's really more of russian roulette - with a rug pull and sh3t.