Why are the big players promoting memecoins ?

[SiliconHat]

Memecoins are known to be very volatile and risky for traders but lately they’ve become a massive go-to profits arena for the big players even though they make their move so subtle that traders overlook the fact that they create coins for their own interests.

Last year, Elon Musk came up with his X coin then earlier this year Trump followed suit to launched his first memecoin and surprisingly CZ is subtly promoting a memecoin even though he kept denying it. If you took note he posted about a test coin he called TSTBSC, he claimed the coin was never intended for public trading as it was a test coin used for a video demonstration.

Tell me why the coin got listed after going viral. Although I’m not against memecoin but why does the big players promote Bitcoin openly then come up with a memecoin out of the blue knowing fully well how volatile memecoins are ?

[moneystery]

who doesn't want free money? they just need to developer and launch memecoin, and then let those idiots buy memecoin in the hope that they can get rich from it. it's very easy for them to play on the stupidity of these people because these big guys have confidence that with their popularity and influence they can make people buy the memecoin they launch.

[Akbarkoe]

because meme coin is a heaven to get easy money, we know that fomo will eat many people and eat a lot of money when Hype therefore some people take advantage of it to add crazier wealth more easily, especially the big players, the mechanism is quite the same in the Hype show on memecoin or even altcoin itself, the players play their role so that you eat it and the person who enters early will be the lucky one but the last one they will be the victim.

[coin-investor]

Tell me why the coin got listed after going viral. Although I’m not against memecoin but why does the big players promote Bitcoin openly then come up with a memecoin out of the blue knowing fully well how volatile memecoins are ?

Because memes are synonimous to pump and dump and easy money, investors are fully aware of the history of meme coins, where a lot of people made a lot of money investing at the right time and listening to big players and influencers, so once they saw a big personality with a huge influence in the market, they are in a hurry to invest.
They don't care about use cases; all they want is to be the early investors and dump it at the right time.

[crwth]

I never saw that TSTBSC thing. We all know it's a test, but it's those that you don't expect that could garner unimaginable things. I see with the memecoin trend that once Binance lists it, it just goes downhill from there most of the time. It hasn't been a healthy trend once it is there.

For the big players or personalities, it's just that they can do so and of it. It's manipulation at its finest, but that's how the meme markets work now.

[Accardo]

Projects make them offer to post memecoins with the intention to rugpull. Kanye West made a post that revealed why big players complain on hacked X account which exposes the need to avoid the big player's promotions. Many influencers seek for quick money, to reduce debts and stay in standard. And they don't care about what the fans get, $2million per post is something most celebrities won't reject, but in turn their followers get scammed over $10million.

[asriloni]

The reason is money. The big players always made money by fooling their followers. They always promote shitty token after they bought it first, then used their followers as exit liquidity. This is the fastest way to made money instead of trading or shilling for Bitcoin.

As for the meme coin gets listed after going viral, the reason is pretty much the same like what i have said above. A viral token often has very big volume trade, which is attracting exchange site to add it on spot and leverage trade. The exchange site can benefit from the fees from the traders.

I think i have answered all of your questions.

[Odusko]

who doesn't want free money? they just need to developer and launch memecoin, and then let those idiots buy memecoin in the hope that they can get rich from it. it's very easy for them to play on the stupidity of these people because these big guys have confidence that with their popularity and influence they can make people buy the memecoin they launch.

They are gamblers who are looking for quick profits deviating from the long term philosophy of cryptocurrency, the fact that memecions are the wave of the moment make the whole wave even more pronounced and to say that a few of them have become highly pumped to the point of making so many millionaires from their platform this trigger up demands for the coin and since everyone is looking for free money it essential to say that those that are greedy will always find memecoins attractive, but most of us are so skeptical and still looking for that special ideology that can popp up at any point, with sustainable projects and developments.

[noormcs5]

Tell me why the coin got listed after going viral. Although I’m not against memecoin but why does the big players promote Bitcoin openly then come up with a memecoin out of the blue knowing fully well how volatile memecoins are ?

Think for a moment, if Trump promotes Bitcoin or Ethereum, what benefit will he get? Yes, he gets love from the crypto community, but people don't think in this way. By launching his own memecoin, he has all the supply with himself and he just has to cash his popularity, people will buy his token and he will dump on them.

This is what most celebrities would prefer to launch their own coins and won't think of benefiting the community by making bitcoin and crypto adoption. It is sad but a reality. Everyone only thinks of himself.

[aioc]

Because there are willing investors and there's a huge demand for memes, its what the market wants investors are more attractive to narative than usecases, the big players understand that these people wants an emotinal attach to some project just like what we do in our pets, so they shilled it because its easy to promote no unque features just narratives and potential profits so big market players go for it.

[Marykeller]

It's about having a huge sum of money in a short while and building a personal brand to attract investors to their side. The big players don't really care what happens later off as long as their target is achieved to gain popularity and make huge sums of money on short notice. I pity those who invested in such memecoins because they learned that a top politician or celebrity is launching a memecoin.

Trump has succeeded in advocating for Bitcoin and getting the mind of crypto investors on his side, only to turn around to divert the attention of crypto investors from Bitcoin to his own coin for personal gains.

[Solodoski]

big players that are only interested in getting profits off the investment of their fallowers are actually not big players. regardless of who is involved, any project that is under the category of a pump and dump project is not worth investing in and the person or people involved are never big players but are just people that are greedy and selfish.

anyone that promotes bitcoin or an altcoin that is not directly related to him is the real big player because his action is not one that is selfish but is one that is burned out of the need to be a support to how bitcoin the coin can get to in the future. celebrities and public figures are fund of promoting memecoin because they are looking for quick money.

[SUPERSAIAN]

They know there is demand here and they make money easily, there is no need to overthink the reason. They will continue to promote as long as there is demand. It is not known how long this madness will last. This process is far from the philosophy of crypto currency, this process is just a nice entertainment for gamblers, it cannot be said to be very fun when the losses are big.

[Asiska02]

Memecoins are known to be very volatile and risky for traders but lately they’ve become a massive go-to profits arena for the big players even though they make their move so subtle that traders overlook the fact that they create coins for their own interests.

Last year, Elon Musk came up with his X coin then earlier this year Trump followed suit to launched his first memecoin and surprisingly CZ is subtly promoting a memecoin even though he kept denying it. If you took note he posted about a test coin he called TSTBSC, he claimed the coin was never intended for public trading as it was a test coin used for a video demonstration.

Tell me why the coin got listed after going viral. Although I’m not against memecoin but why does the big players promote Bitcoin openly then come up with a memecoin out of the blue knowing fully well how volatile memecoins are ?

Memecoins will give them the big money they want within a shorter time than bitcoin would. They have the money  to risk into this Memecoins and their followers with less capable suffer the most when those Memecoins no longer represent what they’re used for or has no more liquidity to back it up again like it may have been from the beginning. Every influencer knows the capacity to which they can influence their followers and when the market gets roughs for them, they know how to generate money back from their loyal followers.

Bitcoin is a coin that every influencer needs to promote in order to gain some attraction in the crypto space. I don’t see any influencer that ever campaigned against bitcoin and successfully campaigned for other coins and made it big time. You can shill other coins for your followers and let them know about the risks in them, but you can’t make them hate Bitcoin as it plays a role in the coin you may be shilling also to your followers.

[justdimin]

Tell me why the coin got listed after going viral. Although I’m not against memecoin but why does the big players promote Bitcoin openly then come up with a memecoin out of the blue knowing fully well how volatile memecoins are ?

Probably because it's the easiest way to get money from people? I mean think about it, people who created their own meme, sold it to others, took their money, and have to do nothing else neither because it's a memecoin. If it was a real coin, or a real token,  with some utility or a roadmap or anything, then it would be required them to keep working on it.

But when it is just a memecoin, you get nothing and all you do is just keep going with the meme and that's it, nothing more to do after that. This is why I believe that the best thing to do right now would be staying away from all these memecoins, you are not going to really make any money from it at all, you are going to just end up losing money after a while of keeping them.

[sdmathis891]

It’s crazy how memecoins have become such a big deal lately. They are super volatile and risky, but for people like Elon Musk, Trump, and CZ, they know exactly what they're doing. The reason coins like TSTBSC get listed after blowing up is simple: when a big name like CZ even mentions it, it creates all this hype. Retail investors see that and rush in, driving up the coin’s value, which makes it worth listing on exchanges. It’s all about riding the wave of hype.

As for why the big players talk up Bitcoin but then jump into memecoins—Bitcoin’s been around for a while and is seen as the “safe” bet in crypto, kind of like digital gold. But memecoins? They’re risky, but also a massive opportunity for speculation. Big names know they can stir up the market, get people talking, and make some serious profits off all the chaos.

It’s a bit of a game for them—they promote Bitcoin because it’s stable, but they also know the hype around memecoins can be incredibly profitable if they time it right. It’s about controlling the narrative and getting in on the action when everyone else is chasing the next big thing. Sure, it’s risky for regular traders, but for the big players? It’s all about maximizing the gains while the hype lasts.

[SiliconHat]

Tell me why the coin got listed after going viral. Although I’m not against memecoin but why does the big players promote Bitcoin openly then come up with a memecoin out of the blue knowing fully well how volatile memecoins are ?

Probably because it's the easiest way to get money from people? I mean think about it, people who created their own meme, sold it to others, took their money, and have to do nothing else neither because it's a memecoin. If it was a real coin, or a real token,  with some utility or a roadmap or anything, then it would be required them to keep working on it.

But when it is just a memecoin, you get nothing and all you do is just keep going with the meme and that's it, nothing more to do after that. This is why I believe that the best thing to do right now would be staying away from all these memecoins, you are not going to really make any money from it at all, you are going to just end up losing money after a while of keeping them.

You are right...it's because it's the easiest way to get money, reason why i decided to stay away from memecoins, It started been extremely volatile last year, with the emergence of thousands of scammers disguised as creators/influencers. It's nfuriating to see these people showing up with their own memecoins when they should be regulating it.

[martinex]

All opportunities must be utilized by everyone for one purpose for the purpose of fast money turnover even though it is temporary and do not be surprised if you see the incoming coins soaring but it is sudden and of course this is a strong magnet to attract investor interest.

In my opinion, the pattern will be the same for memecoin where the price rises quickly it will also fall faster so don't chase the hype even though there is potential for profit because most of the end result is a loss of assets if the slam is carried out by the dealers because they only target getting quick profits.

[FortuneFollower]

All opportunities must be utilized by everyone for one purpose for the purpose of fast money turnover even though it is temporary and do not be surprised if you see the incoming coins soaring but it is sudden and of course this is a strong magnet to attract investor interest.

In my opinion, the pattern will be the same for memecoin where the price rises quickly it will also fall faster so don't chase the hype even though there is potential for profit because most of the end result is a loss of assets if the slam is carried out by the dealers because they only target getting quick profits.

Yep.
It's all about the moneyh.

Those who promote said coins surely get paid off greatly from doing so, all the rest is history to everybody else, especially those who become exit liquidity.

[SiliconHat]

big players that are only interested in getting profits off the investment of their fallowers are actually not big players. regardless of who is involved, any project that is under the category of a pump and dump project is not worth investing in and the person or people involved are never big players but are just people that are greedy and selfish.

anyone that promotes bitcoin or an altcoin that is not directly related to him is the real big player because his action is not one that is selfish but is one that is burned out of the need to be a support to how bitcoin the coin can get to in the future. celebrities and public figures are fund of promoting memecoin because they are looking for quick money.

The fact that they are big players can’t be ignored even though they are promoting memecoins which is so selfish. That was exactly what prompted me to make this post because they diverting traders and investors attention away from Bitcoin just because they want to make quick profits.