Has interest in "meme" coins waned?

[blockman]

I believe so that it has waned already because of the market shift from the bull run to becoming the bear market. Memecoins are a part of it and the interest of the investors has decreased from it. With Elon shilling dogecoin before, he's probably out of the league but we'll see if we're in the midst of this bear market and he starts to advertise it again and post into his X account. If the people are still on it and if his influence can do something about the bear's volatility but right now, it seems he's got involved into the controversy of the Eipstein files and he's alleged seeking to get into the island.

If we look at the past discussions happening, we could see on meme coin threads that lots of people here already throw their negative concerns against those shitcoins. This indicate that many people are now avoiding or not looking at this as best option to invest.

That is their problem to deal with because I am sure that when they've asked which coin to buy, many of us told them to buy Bitcoin. But, they ended up choosing those meme coins that are typical pump and dump coins.

I think that those past scams happened change the way how people look at those coins, maybe at this point lots of investors already know that meme coin is scam and not good do deal with especially if they are looking for serious investment. Its volatility is crazy and so unpredictable, we can also add up that the dev create that shitcoin can rug pull their investors anytime they want.

Only some memecoins are loved by the community and everyone knows that. But when the meme coin community have embraced a lot of its variety, that's when they're taken advantage by those scammers.

[Stable090]

It's been a long time since we haven't heard about "meme" coins going all the way to the moon. Coins such as Dogecoin, Shiba Inu, and Pepe are now "dormant". Does this mean interest in "meme" coins waned? Or not yet? Because Solana is still "giving birth" to new memes. It's the #1 platform for such "shitcoins".

Most of the meme coins which you going to see now are just shitcoins, they no longer have any use case, they are just created just to scam people and I will say much people are not really falling for that again that’s why meme coins hype has dropped, and you going to find 1 thats going to pump hard like the coins which you mentioned above.

When some coins  are pumping, within a short period of time you will see that they have dumped already, so people are not so interested like before, there is no no much hype like before, but I don’t know if the hype is going to be back.

[jostorres]

The last meme coin I could remember seeing people jump onto  was the $Trump memecoin  which left many people in massive loss after a brief hype which ended in a market manipulation. Today no one is talking about the Trump memecoin and this is how its being with all memecoins, they have their time and as soon as the hype is over and it dumps that's the end of it. Perhaps now that the cryptocurrency market has being bleeding in red with the uncertainty of the market actual direction currently, it has really impacted negatively to the hypes that has being sustaining the altcoins/shitcoins market for now.

I think the markets are being mature enough now. Now the markets understand that these meme coins can't stand a chance in the future. There will be a couple of months when these meme coins will be in a bigger picture but as soon as the hype ends, they will start vanishing money from the markets. Maybe a couple of individuals who are the face of these meme coins will still gain massive profits, but it is us, a common man, who will lose everything he has in meme coins.

Moreover, it seems like an easy way to make money if we are able to enter the markets before the hype begins but most people have their entry points mid hype which only makes their investments way riskier. I did see some hype going around Trump meme coin at that time, but I didn't dare to jump in. In fact, I would never even think about investing in meme coins again because of my past experiences. I was a victim losing thousands of dollars to the over hyped meme coins and I would never make the same mistake again.

[Abiky]

Even Bitcoin, as well as topcoin like ETH, BNB, and SOL are experiencing declines, and the entire market is going through a rather gloomy period. Why are you surprised that the interest and hype surrounding memes have faded?

Memes have never been noticed in the bear market. But trust me, memecoins will never disappear and once the market enters a new bull run. They will continue to become popular again, and a new king will emerge, just like how Doge, Shiba, or Pepe did in the 2024 bull market.

While the bear market affects all cryptos, that doesn't mean "meme" coins can't suddenly experience a short "pump" in market prices. For what I know, they're much more volatile and unpredictable than ordinary altcoins. "Memes" such as DOGE, SHIBA, and PEPE are old, so it's hard to believe they will take the spotlight again in the future. But hey, Dogecoin used to be "dormant" for years only to go all the way to the moon in an instant. It went from being worth less than $0.01 to nearly $1.

With the bear market in play, buying a few "memes" here and there wouldn't hurt. So long as you don't spend more than what you can't afford to lose. Who knows which new "meme" coin will gain the attention from traders and investors? It'd be a wild guess. We'll see what happens during the remainder of the year.

[Callido]

What do you think?

New ones are still on the rise, but none have made wave like the others.

Some investors are still holding onto these memecoins, believing they will experience massive pump during the Altcoin season after the Bitcoin bullish trend, as memecoins are still on the low, the market is also in red, there won't be any disturbance yet, what the new memecoins are waiting for is for the market to turn positive so they can begin their massive shilling.