Are memecoins the short term answer for profits in this market?

[AlphaBheta]

I've delayed writing this because I needed extra proof, but recently I've seen more projects do the same thing that projects like RFC did.

Think of projects like Remus, Agawa, and even Mutumbo they've done crazy moves recently, and apparently people that used the onchain feature on Bitget even got more ROI because they were in earlier.

A personal example is Dark, and although I didn't get a lot, it has listed on many top CEX, and if I sell for the current price, that would be more than 8000% ROI and I actually wish I got more. But sure I'd be trying this again, to confirm my theory, finger crossed. http://

[Josefjix]

I was reading your post and expecting you to show us the proof of what makes these projects you listed different as well as unique from others, and what cheat code you did to enter the trade so early making this massive ROI when it's not always easy.

I was surprised to see PAW did similar thing on bitget yesterday but was wondering how trader would easily get in so early to make this high ROI so quick.

[AlphaBheta]

I was reading your post and expecting you to show us the proof of what makes these projects you listed different as well as unique from others, and what cheat code you did to enter the trade so early making this massive ROI when it's not always easy.

I was surprised to see PAW did similar thing on bitget yesterday but was wondering how trader would easily get in so early to make this high ROI so quick.

So, I don't have a cheat code, the only thing I do is check for their score, the onchain feature ranks projects based on how well they might perform, and since they're memes, I just go with the score, and it looks accurate so far. Or maybe I'm just lucky, no one really knows what can happen with memes

[coin-investor]

I was surprised to see PAW did similar thing on bitget yesterday but was wondering how trader would easily get in so early to make this high ROI so quick.

So, I don't have a cheat code, the only thing I do is check for their score, the onchain feature ranks projects based on how well they might perform, and since they're memes, I just go with the score, and it looks accurate so far. Or maybe I'm just lucky, no one really knows what can happen with memes

Well so far you are lucky to find something that will make investing in memes profitable for you, but its not the case all the time, the entry is very important and the time to dump it is also crucial.
That's what is bad on memes they do not have a usecase or even a solid roadmap for you trust to invest and hold, you gonna know when is the right time to dump, when it comes to memes never create an attachment think of the profit by finding the right timing to dump.

[Hispo]

I am pretty much convinced memecoins (regardless of what chain they are attached to) continue to be just plain gambling.
If you believe to have found a pattern or way to profit consistently from memecoins, then you will soon realize that many of those projects are nothing but pump and dump schemes being pulled off by people who just talk to take the money of gullible investors who should have known better from the beginning.

Most of those coins do not even have a road map or use case and their price will eventually get flatlined. Avoid extreme greed and seek for projects which at least over a bare minimum of utility and future.

[TastyChillySauce00]

Have you seen recent rug happened at base meme coin where the coin literally got nuked to near zero?

I don't even think meme coin is the short term answer for profits, it's more likely to make you broke instead.
To be frank, most of meme coins are just rug right now, people are running out of money due to rug already and therefore no big meme coin appear anymore.

I don't even think it's answer to anything other than pure speculation except you got the worst odd possible.

[Bournesparks]

I am pretty much convinced memecoins (regardless of what chain they are attached to) continue to be just plain gambling.
If you believe to have found a pattern or way to profit consistently from memecoins, then you will soon realize that many of those projects are nothing but pump and dump schemes being pulled off by people who just talk to take the money of gullible investors who should have known better from the beginning.

Most of those coins do not even have a road map or use case and their price will eventually get flatlined. Avoid extreme greed and seek for projects which at least over a bare minimum of utility and future.

Tbh I've used this feature and I got 3wins out of 4 trades. Yes meme coins are vey volatile with no real world utilities, but if you've figured a way to get in early and get out, then you'll be more profitable than 99% of degen traders and I guess that's what OP is saying. The new onchain product by Bitget does that seamlessly thanks to AI..

But not everyone has the guts to trade meme coins, cos they're highly risky and but can be also rewarding too though .

[Olamidetechie]

I was reading your post and expecting you to show us the proof of what makes these projects you listed different as well as unique from others, and what cheat code you did to enter the trade so early making this massive ROI when it's not always easy.

I was surprised to see PAW did similar thing on bitget yesterday but was wondering how trader would easily get in so early to make this high ROI so quick.

So, I don't have a cheat code, the only thing I do is check for their score, the onchain feature ranks projects based on how well they might perform, and since they're memes, I just go with the score, and it looks accurate so far. Or maybe I'm just lucky, no one really knows what can happen with memes

OP, to some extent I understand you because I am really into buying new projects early on CEXs on-chain, and one of the criteria I do check are what you mentioned about score and the features, because I remember buying a project then and within the first 24 hours they launched it Onchain, it had done 500%. So anything Onchain, I don't joke with it, including the recent project $DARK that you mentioned, and also the likes of $CATTLE, $DIMA. Also, next time, tell us to DYOR.

[OgNasty]

Memecoins are so funny. You’ll see people talking about how they’re the next big thing and will change the world, then five seconds later they sell, crash the price to zero, then never talk about it again. Then they start a new one and repeat the process. It will be cool if someone ever makes a coin with some sort of a legitimate reason to own it.

[Ndabagi01]

I was reading your post and expecting you to show us the proof of what makes these projects you listed different as well as unique from others, and what cheat code you did to enter the trade so early making this massive ROI when it's not always easy.

I was surprised to see PAW did similar thing on bitget yesterday but was wondering how trader would easily get in so early to make this high ROI so quick.

So, I don't have a cheat code, the only thing I do is check for their score, the onchain feature ranks projects based on how well they might perform, and since they're memes, I just go with the score, and it looks accurate so far. Or maybe I'm just lucky, no one really knows what can happen with memes

This is great and not so many people get so lucky like this when it comes to getting in early in a coin and then gain massively with big ROI like the one you just showed a pictorial example of it. What the most people always say after seeing this massive ROI is always I wish I had bought more, but the fact is that since it’s a memecoin and a gamble one to do with, you’ll not have the zeal to risk more than you can afford to lose. Yes, memecoins are the answer to massive profits in a short term in this crypto market but can you take on the risk and wager a big amount into a project you can’t say of its success tomorrow?

Most of those coins do not even have a road map or use case and their price will eventually get flatlined. Avoid extreme greed and seek for projects which at least over a bare minimum of utility and future.

It all draws down to your conviction of the market and what you feel and expect of the market when you have putting some money into a project seeking to earn big from. Greed can lead one to there, but some greeds pave way for some big fortunes in the market but doing it strategically is the best way in this market not to get rugged easily because such projects with low utility are not good and promising projects.

[l99l]

Memecoins are so funny. You’ll see people talking about how they’re the next big thing and will change the world, then five seconds later they sell, crash the price to zero, then never talk about it again. Then they start a new one and repeat the process. It will be cool if someone ever makes a coin with some sort of a legitimate reason to own it.

It's always the same cycle, one starts, then is immediately forgotten, close to zero, then a new meme token starts again with a different name.
This trend has completely affected the market, all investments are going there unnecessarily.
For some reason, it is very difficult for me to make a profit in a short time, yes, I see a lot of Meme tokens that make a few x on coinmarketcap, how many of them are not gambling, but what else will it be.

[el kaka22]

Shilling in the guise of writing a topic is as old as this forum, but it doesn't help whatever project you want to promote. Reality is simple, if you want to shill, then you open an announcement page for whatever token you want, with some great designs, and you promote it via token sharing and bounties here so that people would spread it everywhere.

If you do not do this, and just shill it by spamming them, then you are not going to get any good results at all, it would not be a good investment. That is why you need to be careful about what you are doing, because you set out to do something that is good for the project, but you end up with hurting it instead and that is not a good thing at all, you should avoid it if possible.

[Josefjix]

I was reading your post and expecting you to show us the proof of what makes these projects you listed different as well as unique from others, and what cheat code you did to enter the trade so early making this massive ROI when it's not always easy.

I was surprised to see PAW did similar thing on bitget yesterday but was wondering how trader would easily get in so early to make this high ROI so quick.

So, I don't have a cheat code, the only thing I do is check for their score, the onchain feature ranks projects based on how well they might perform, and since they're memes, I just go with the score, and it looks accurate so far. Or maybe I'm just lucky, no one really knows what can happen with memes

Do you mean this score rate are displayed on bitget before listing or after listing and who votes for the scores, are they bitget users?  I really want to know how this score thing comes about,I mean the details explanations for better understanding.

Also what do you mean by "onchain feature ranks projects" if I may ask.

[Abiky]

I've delayed writing this because I needed extra proof, but recently I've seen more projects do the same thing that projects like RFC did.

Think of projects like Remus, Agawa, and even Mutumbo they've done crazy moves recently, and apparently people that used the onchain feature on Bitget even got more ROI because they were in earlier.

A personal example is Dark, and although I didn't get a lot, it has listed on many top CEX, and if I sell for the current price, that would be more than 8000% ROI and I actually wish I got more. But sure I'd be trying this again, to confirm my theory, finger crossed.

The ROI sure is high. But be aware this also comes with a huge risk of loss. Totally not worth it, imo. Especially if you don't know what you're doing. I'd saying investing in such "meme" coin schemes is a gamble. You'd be lucky if you turn a profit. This new "DARK" project will quickly fade into oblivion once the hype ends. People will simply move on to the next big thing in crypto.

If there's only one "meme" coin that will survive, it would be Dogecoin. Sometimes the easiest path costs you dearly. The hardest one may take longer than usual to see good results, but at least, the risk is lower. You decide what to do with your money. I'd recommend a proper diversification strategy just in case.

[JeffBrad12]

The ROI sure is high. But be aware this also comes with a huge risk of loss. Totally not worth it, imo. Especially if you don't know what you're doing. I'd saying investing in such "meme" coin schemes is a gamble. You'd be lucky if you turn a profit. This new "DARK" project will quickly fade into oblivion once the hype ends. People will simply move on to the next big thing in crypto.

If there's only one "meme" coin that will survive, it would be Dogecoin. Sometimes the easiest path costs you dearly. The hardest one may take longer than usual to see good results, but at least, the risk is lower. You decide what to do with your money. I'd recommend a proper diversification strategy just in case.

The high ROI is for insiders and the devs themselves.
Small fries with no information will always rekt at the end of the day.
From my experience trading memes, never ever trust shiller who promoted memes when it's already big, because they're looking for exit liquidity.

[DeathAngel]

Lots of people buy Altcoins with the hope of making big profits. It’s not that easy though because there are so many & there are rug pulls & failed projects at every turn. Do lots of research & diversify because being left holding big bags of useless crap is a nightmare. Well done on the big DARK profits though.

[passwordnow]

I've delayed writing this because I needed extra proof, but recently I've seen more projects do the same thing that projects like RFC did.

Think of projects like Remus, Agawa, and even Mutumbo they've done crazy moves recently, and apparently people that used the onchain feature on Bitget even got more ROI because they were in earlier.

Dude, I don't even have an idea about these projects that you've mentioned. If you have followed them and invest on them too early, congrats to you. You're one of the kind and someone who's still able to early invest into them.

A personal example is Dark, and although I didn't get a lot, it has listed on many top CEX, and if I sell for the current price, that would be more than 8000% ROI and I actually wish I got more. But sure I'd be trying this again, to confirm my theory, finger crossed.

A 100% of ROI is already enough and thinking of 8000% and even more, you're still thinking of more. There's a big lesson that someone who sees that much ROI and still wanting more, you'll see a drop of it soon if you'll not cash it out. If your theory is right then again, congratulations, you're on your way to riches but make sure to take profits.

[aioc]

Most of those coins do not even have a road map or use case and their price will eventually get flatlined. Avoid extreme greed and seek for projects which at least over a bare minimum of utility and future.

Not even a paper, and if they have one, they are just copy-paste or upgraded versions of dead coins' versions. They thrive on the story behind the meme; just take a look at TrumpCoin and Mubarak. They attached it to personality and events, and since there is no use case, they thrive on hype, and early investors and whales are the winners once the dump starts to happen.
There is profit in investing in memes, but its nature is very similar to gambling; it really depends on luck.

[Z_MBFM]

You cannot track these coins to see when their prices will increase. Some coils of the Solana chain are seen pumping a lot, this is done by the team. No one knows which coin will increase in price like this. If you hope for these and invest in them, most of them will lose. But if you are lucky, you can get a coin that can give you a very big profit. These coils usually behave like gambling. So they are never a safe investment. So it is better to stay away from them. You will find many points by doing ROI analysis that are much higher than before. But no one knows how many people have been able to take advantage of this.

[Barikui1]

Have you seen recent rug happened at base meme coin where the coin literally got nuked to near zero?

I don't even think meme coin is the short term answer for profits, it's more likely to make you broke instead.
To be frank, most of meme coins are just rug right now, people are running out of money due to rug already and therefore no big meme coin appear anymore.

I don't even think it's answer to anything other than pure speculation except you got the worst odd possible.

It's quite laughable that most of us here are still this naive to the fact that the fastest way to get wreck financially is to invest heavily in shit coin as we normally calls it.
Looking at the op's explanation on how he can achieve a very good roi, it's points to more of gambling than investing, because the speed at which meme coin falls is greatly higher than the speed of it recovering, if it will ever recover again, so taking a stupid risk like investing heavily is a big no too me, and if I would ever be taking such risk, I would be doing it with an amount am willing to lose, so that if things doesn't goes as planned, it wouldn't have a significant impact on my finances.

It's very funny that history is not repeating itself, it's people that are repeating history, everyday people are getting wrecked by investment in meme coin, instead of some people to learn, they are still venturing same path due to greed for 50x to 1000x, the only advice I have for those investors that wish to gamble on meme coin is that, if you wish to gamble, try to do it with and amount you are willing to lose, so that you wouldn't feel it impact on your finance it things goes south.