Memecoins are becoming weak!! Something is coming

[Shinpako09]

Becoming weak? Maybe. Or maybe it’s because the market hasn’t recovered yet. Also, there are a lot of rugged memecoins, and it’s not easy to spot a good one. Memecoins are very risky, they can make you lose or go broke in a matter of seconds. Aside from the market not recovering yet, that’s also one of the reasons why the hype around memecoins has cooled off. But they’re not done. Memecoins will always be there unless we shift to another trend that makes the crypto community think or see that they can make more profit there.

[Humblevirus]

I feel that memecoins are becoming weak because there are millions of them in the crypto industry, and almost all of them are just pump-and-dump projects. With this, many people have come to know their tactics, and nobody is willing to invest in them anymore, but rather just to gamble with them for a short time and get out. With the idea that people are not risking their money in memecoins for the long term, they will definitely continue to become weaker and weaker.

It was when people did not know much about the tactics of pumping and dumping that they were putting money into memecoin projects, but now people are getting wiser as they continue to lose money in memecoin projects. I don’t know whether something new is coming to the crypto industry or not, but based on my observations, this is what I see. It may be that people have learned that memecoins are not worth investing in, or probably because the market is down for now.

[Rubuchi]

Becoming weak? Maybe. Or maybe it’s because the market hasn’t recovered yet. Also, there are a lot of rugged memecoins, and it’s not easy to spot a good one. Memecoins are very risky, they can make you lose or go broke in a matter of seconds. Aside from the market not recovering yet, that’s also one of the reasons why the hype around memecoins has cooled off. But they’re not done. Memecoins will always be there unless we shift to another trend that makes the crypto community think or see that they can make more profit there.

I guess the way these memecoins work is largely dependent on the outcome of bitcoin and other cryptocurrency altcoins like etherium and solana especially those memecoins that operate on these networks. If what I’m saying is accurate then it will not be surprising to see these memecoins record low in the market at this time when the market is rough for many other cryptocurrency including bitcoin

[pawanjain]

From the few years that I have been in Bitcointalk I have realized that after some years there is always a revolution that comes in the crypto space, that revolution is something I’m still trying to figure out what’s next, like during the time where Memecoins came in the space, we had utility altcoins mostly booming until Memecoins did crazy but now Memecoins seems to be getting weak in performance, new Memecoins created do not get the hype anymore and don’t get attention like before, so it poisons me to ask that are we back to the revolution stage where something else is coming into the space, NFT did its own thing and left Memecoins is almost done if not done, so what is getting attention next? If we can get this information right, then we would probably grab the opportunity to dive into the new thing early and benefit from it before it goes like others do go.

It's a known thing now that memecoins hype is getting over but we can't predict the next big thing so easily.
Yes, we have seen different technologies getting hyped up like ICOs, NFTs, DeFis, memecoins etc...
But to know what's next we will have to keep monitoring the crypto space and lookout for potential new opportunities.
Only then we will be able to spot new things and try to invest in it at an early stage.

[jostorres]

Becoming weak? Maybe. Or maybe it’s because the market hasn’t recovered yet. Also, there are a lot of rugged memecoins, and it’s not easy to spot a good one. Memecoins are very risky, they can make you lose or go broke in a matter of seconds. Aside from the market not recovering yet, that’s also one of the reasons why the hype around memecoins has cooled off. But they’re not done. Memecoins will always be there unless we shift to another trend that makes the crypto community think or see that they can make more profit there.

There will always be a new meme on the internet every now and then, so so as a new meme coin. For the older meme coins, it is only normal for them to get weak since meme coins are only built for the short-term. I'm not going to be surprised if later on they got de-listed.

A meme coin must be considered as good if they are on hype but this makes them to be risky too. We can have a better chance investing in meme coins at their early phase but it is also not easy to know if which meme coin will burst. Meme coins are a regular category of crypto and not a trend but yeah, each new trend can have us a potential to earn money but mostly for the short-term only.

[SilentExperimentor]

given how Coinbase is rolling out Solana dex to people so that literally everyone with coinbase app will have access to buy memecoins

tokens and communities that can turn their narrative into a real investment vehicle as an alternative to tradfi will be successful

It just hasnt happened yet but will soon. All people know about memecoins right now is just novelty things like popcat, GIGA etc....

[PirateFinance]

Becoming weak? Maybe. Or maybe it’s because the market hasn’t recovered yet. Also, there are a lot of rugged memecoins, and it’s not easy to spot a good one. Memecoins are very risky, they can make you lose or go broke in a matter of seconds. Aside from the market not recovering yet, that’s also one of the reasons why the hype around memecoins has cooled off. But they’re not done. Memecoins will always be there unless we shift to another trend that makes the crypto community think or see that they can make more profit there.

I agree with there being a lot of rug pulls in the meme coin space. That’s why I’m SOLELY investing in ones that have true meaning behind them. I think all of the animal coins are silly personally. Sure some people make money but they rip and then they’re done. I’m only investing in community and strong narrative. I recently found one called 401jk and I believe in that one fully for example.

They actually are doing something called the 401jk Academy which aims to educate people on rug pulls in the crypto space. The overarching theme is that traditional finance has become corrupt and there can be a community funded retirement accounts instead. The community is kind hearted and hard working.

I feel that this is the type of coin for example that could be the next iteration of the crypto space. The novelty of dog coins has wore off but people (myself included) crave both community and transparency.

[Oshio-man]

You know that everything in life has is own season investors use to feel the season either good or bad, I can still remember when some altcoins was displaying to cause altcoin investors to be happy whenever they are holding altcoins, then altcoins market was very good compared to these days altcoin season that is not moving altcoin investors to earn good income, I can invest in BNB, Etherium and Sola because they have strong teams that is making the altcoins stronger to open the eyes of their followers that those altcoins are still good for investors to try with what they can afford to lose, as it stand now, I prefer to invest in old altcoins than those new altcoins in the market because I will not be comfortable with new altcoins I don't know more about their past history in the market.

[RuneStockx]

Becoming weak? Maybe. Or maybe it’s because the market hasn’t recovered yet. Also, there are a lot of rugged memecoins, and it’s not easy to spot a good one. Memecoins are very risky, they can make you lose or go broke in a matter of seconds. Aside from the market not recovering yet, that’s also one of the reasons why the hype around memecoins has cooled off. But they’re not done. Memecoins will always be there unless we shift to another trend that makes the crypto community think or see that they can make more profit there.

There will always be a new meme on the internet every now and then, so so as a new meme coin. For the older meme coins, it is only normal for them to get weak since meme coins are only built for the short-term. I'm not going to be surprised if later on they got de-listed.

A meme coin must be considered as good if they are on hype but this makes them to be risky too. We can have a better chance investing in meme coins at their early phase but it is also not easy to know if which meme coin will burst. Meme coins are a regular category of crypto and not a trend but yeah, each new trend can have us a potential to earn money but mostly for the short-term only.

Memecoins go quiet when the market is calm, but that doesn't mean something big is coming. Most of the time it just means people ran out of excitement and liquidity moved back to BTC/ETH or to whatever new narrative is trending. I agree that the hardest part is picking good ones, because a lot of them are designed to dump on late buyers. The early phase can look attractive, but thats also when insiders have the most control and rugs happen the fastest. If the volume is thin and a few wallets hold most of the supply, it only takes one sell to crush the chart.

That's why I see memecoins as short term speculation, not an investment. If someone wants to play them, it should be small money with a strict exit plan, because holding and hoping is usually how people get stuck.

[Kavelj22]

given how Coinbase is rolling out Solana dex to people so that literally everyone with coinbase app will have access to buy memecoins

tokens and communities that can turn their narrative into a real investment vehicle as an alternative to tradfi will be successful

It just hasnt happened yet but will soon. All people know about memecoins right now is just novelty things like popcat, GIGA etc....

And with the president of the strongest country (military and economically) doesn't hesitate to lunch his own memecoin, then lunch another for his wife, then another for himself, I doubt this foolish wave will end sooner. And with the famous figure in the media with his great sight for the technology of the future, Elon Musk, doesn't hesitate to manipulate the crypto market by supporting a memecoin, Dogecoin, making it a pump and dump scam plan, I make sure that this foolish won't reach an end sooner as so many in this thread might think.

My only hope to put an end to this wave (among many other foolish waves) is that we (as part of the crypto community) is to spread the net about the unworthiness of those projects by focusing that they have no real use cases and that they are only used as trading instruments, nothing more.

[bitgolden]

And with the president of the strongest country (military and economically) doesn't hesitate to lunch his own memecoin, then lunch another for his wife, then another for himself, I doubt this foolish wave will end sooner. And with the famous figure in the media with his great sight for the technology of the future, Elon Musk, doesn't hesitate to manipulate the crypto market by supporting a memecoin, Dogecoin, making it a pump and dump scam plan, I make sure that this foolish won't reach an end sooner as so many in this thread might think.

My only hope to put an end to this wave (among many other foolish waves) is that we (as part of the crypto community) is to spread the net about the unworthiness of those projects by focusing that they have no real use cases and that they are only used as trading instruments, nothing more.

To be fair, people keep doing what they do and as long as they keep paying for it then it is not going to end. For something to end, you need to have a situation where it needs to be different than what it is right now. If people stop paying for it and fund these people, then they will stop.

Trump made hundreds of millions of dollars in profit and that's why he doesn't feel the need to stop, and even more there are other people who have seen this and made similar projects as well. Basically if you have a name then make a token and you will be able to make money from it.

[Kavelj22]

And with the president of the strongest country (military and economically) doesn't hesitate to lunch his own memecoin, then lunch another for his wife, then another for himself, I doubt this foolish wave will end sooner. And with the famous figure in the media with his great sight for the technology of the future, Elon Musk, doesn't hesitate to manipulate the crypto market by supporting a memecoin, Dogecoin, making it a pump and dump scam plan, I make sure that this foolish won't reach an end sooner as so many in this thread might think.

My only hope to put an end to this wave (among many other foolish waves) is that we (as part of the crypto community) is to spread the net about the unworthiness of those projects by focusing that they have no real use cases and that they are only used as trading instruments, nothing more.

To be fair, people keep doing what they do and as long as they keep paying for it then it is not going to end. For something to end, you need to have a situation where it needs to be different than what it is right now. If people stop paying for it and fund these people, then they will stop.

Trump made hundreds of millions of dollars in profit and that's why he doesn't feel the need to stop, and even more there are other people who have seen this and made similar projects as well. Basically if you have a name then make a token and you will be able to make money from it.

Commiting a crime by a public figure doesn't make it a legit act. A crime is always a crime. With cryptocurrencies, it's even more damaging because there is no laws to adhere to lunch any kind of project in the blockchain even if you call it lundering-money-coin or killing-people-token. The public just takes his popularity as advantage to create and lunch and promote a scam pump and dump coin without any possibility to be accused because the token is marked audit safe to use and licensed exchange platforms accept listing it. People will trust the project because they trust all the parties involved (the inventor,the auditor,the exchanger, the license issuer). We can't blame people for buying cigarettes to excuse the cigarettes industry, but as long as the production of cigarettes is legit, people will keep consume it.

[JoyMarsha]

Knowing that the crypto market is just full of different trends, a particular trend reigns for some time, and it fades away, in the next few years a different one appears with a different utility, investors will rush into it for short term profits. Some will get scammed along the line, and some will make good profits before the trend ends.

The explanation I gave above is how the market had been operating for a long time. Each trend comes and goes, for another one to take over the crypto space. We don't know the exact one that will take over from memecoin and telegram mining before the year 2027

[virasog]

From the few years that I have been in Bitcointalk I have realized that after some years there is always a revolution that comes in the crypto space, that revolution is something I’m still trying to figure out what’s next, like during the time where Memecoins came in the space, we had utility altcoins mostly booming until Memecoins did crazy but now Memecoins seems to be getting weak in performance, new Memecoins created do not get the hype anymore and don’t get attention like before, so it poisons me to ask that are we back to the revolution stage where something else is coming into the space, NFT did its own thing and left Memecoins is almost done if not done, so what is getting attention next? If we can get this information right, then we would probably grab the opportunity to dive into the new thing early and benefit from it before it goes like others do go.

The memecoins are becoming weak because there isn't much money flowing into altcoins. Usually the memecoins get the attention in the last of the altcoin season but since there is no altseason for many years, the memecoins are losing there value. In order for the meme to do good, the overall crypto market needs to be in bull run which is not the case now.

Anyways, if the memecoins are performing well, it doesn't mean that something is coming, its just normal. The holders of memecoins may have to wait a long time to see a real meme season.

[Odusko]

From the few years that I have been in Bitcointalk I have realized that after some years there is always a revolution that comes in the crypto space, that revolution is something I’m still trying to figure out what’s next, like during the time where Memecoins came in the space, we had utility altcoins mostly booming until Memecoins did crazy but now Memecoins seems to be getting weak in performance, new Memecoins created do not get the hype anymore and don’t get attention like before, so it poisons me to ask that are we back to the revolution stage where something else is coming into the space, NFT did its own thing and left Memecoins is almost done if not done, so what is getting attention next? If we can get this information right, then we would probably grab the opportunity to dive into the new thing early and benefit from it before it goes as others do.

ICO, IEO, NFT, memecoins etc this are all revolutionary records in the cryptocurrency space that have drawn alot of attention to the market in a whole, alot of this project made so much hypes that is hard to believe that their are no longer relevant like they use to be during the trend of their ability and waves, what caused all that is the lack of real world relevance of the project most rely on the hype nothing more.