Are memecoins really important for the crypto market?

[Aanuoluwatofunmi]

Wee need memecoins to make up the whole crypto markets and this alone can serve as well as a means of providing more opportunities to the crypto investors to have varieties in numbers of digital coins they can invest on in cryptocurrency, it just pisses off seeing that some of these memecoins engage in more risk and harm than they appear while a number of them are good source for a profitable investment.

[EthereumDev_]

Wee need memecoins to make up the whole crypto markets and this alone can serve as well as a means of providing more opportunities to the crypto investors to have varieties in numbers of digital coins they can invest on in cryptocurrency, it just pisses off seeing that some of these memecoins engage in more risk and harm than they appear while a number of them are good source for a profitable investment.

Yes, that's right, sometimes memecoin is used to launder money from whales and is used to send money between exchanges because it has fairly cheap transaction costs and the network used is still fast, memecoin is not good for investment because it has a very high risk which can wipe out everything. the value of the assets you own.

[Gurujebs]

Wee need memecoins to make up the whole crypto markets and this alone can serve as well as a means of providing more opportunities to the crypto investors to have varieties in numbers of digital coins they can invest on in cryptocurrency, it just pisses off seeing that some of these memecoins engage in more risk and harm than they appear while a number of them are good source for a profitable investment.

Somehow, crypto is losing its credibility because of pump and dump coins. In those days when people do proper research before they invest in project but today, they just look at cmc for the next trending coins and buy with their money, because some of them don't want to lose the early pump, they participate in pre-sales that are risky just to get early sales.

They don't even know that the are making the parent chain popular, Ethereum and Binance smart chain use to be the favorite place of meme tokens but today, Solana is the next coin and that's why solana has been pumping since last year. High demand is coming and the coin is gradually making it back to previous all time high without them realizing they are among the people that help pump back the coins.

[dekafee79]

Wee need memecoins to make up the whole crypto markets and this alone can serve as well as a means of providing more opportunities to the crypto investors to have varieties in numbers of digital coins they can invest on in cryptocurrency, it just pisses off seeing that some of these memecoins engage in more risk and harm than they appear while a number of them are good source for a profitable investment.

Yes, that's right, sometimes memecoin is used to launder money from whales and is used to send money between exchanges because it has fairly cheap transaction costs and the network used is still fast, memecoin is not good for investment because it has a very high risk which can wipe out everything. the value of the assets you own.

If we have heard about this, that meme coins are used for money laundering by whales, we also have to be careful and think about why meme coins need hype and support from famous people. We should not invest in meme coins for the long term, because it is very risky.

[IvugeoEvolutionCoin]

If we have heard about this, that meme coins are used for money laundering by whales, we also have to be careful and think about why meme coins need hype and support from famous people. We should not invest in meme coins for the long term, because it is very risky.

That's right, it's better not to enter meme coin if you don't want to face the risks involved, but you should never regret it when you see the price of meme coin rising as happened a few days ago, the price rose by more than 200%. As long as we can still follow the whale's game, we will still make a profit.

[KryptoBull]

That's right, it's better not to enter meme coin if you don't want to face the risks involved, but you should never regret it when you see the price of meme coin rising as happened a few days ago, the price rose by more than 200%. As long as we can still follow the whale's game, we will still make a profit.

Where there is opportunity, there is risk. Memecoins often have extremely large price fluctuations, so they can bring both large profits and large losses. Investors are forced to accept this, otherwise they should choose BTC and ETH for their portfolio. Ultimately, the investor is still responsible for his own buy/sell decisions, he also enjoys the profits and suffers the losses. Memecoins have caught his attention, memecoins have done their duty to the crypto market!

I like the idea of accumulating memecoins following the big whales, it's a really good strategy to make profits in the uptrend. Whales know what's going on in the market, and they can also create their own manipulation game to make profits.

[ScamViruS]

Wee need memecoins to make up the whole crypto markets and this alone can serve as well as a means of providing more opportunities to the crypto investors to have varieties in numbers of digital coins they can invest on in cryptocurrency, it just pisses off seeing that some of these memecoins engage in more risk and harm than they appear while a number of them are good source for a profitable investment.

Yes, that's right, sometimes memecoin is used to launder money from whales and is used to send money between exchanges because it has fairly cheap transaction costs and the network used is still fast, memecoin is not good for investment because it has a very high risk which can wipe out everything. the value of the assets you own.

If we have heard about this, that meme coins are used for money laundering by whales, we also have to be careful and think about why meme coins need hype and support from famous people. We should not invest in meme coins for the long term, because it is very risky.

Not all memecoins are successful anymore, only some memecoins are successful and I think there are big people behind those projects who create these projects on purpose. And there is some reality in the discussions against these memecoins. So before holding any memecoin you should think about the risk and hold it to avoid falling into this trap.

[Legion]

Not all memecoins are successful anymore, only some memecoins are successful and I think there are big people behind those projects who create these projects on purpose. And there is some reality in the discussions against these memecoins. So before holding any memecoin you should think about the risk and hold it to avoid falling into this trap.

The success of Meme coin depends on the hype that often occurs on Twitter and if they hold an airdrop program it will probably become more widely known by traders in the world who often open the Twitter application to find out about something new, including meme coin.

[Trisha Rola]

Meme coins aren't essential to9 the crypto market like Bitcoin or Etheruem, but they attract newcomers with their fun and accessible nature. They serve as a gateway to learning about crypto and can spark conversations abut decentralizations. However, it also comes with a lot of risk like votality and scams. So you better watchout and always do your research.

[ScamViruS]

~~~

The success of Meme coin depends on the hype that often occurs on Twitter and if they hold an airdrop program it will probably become more widely known by traders in the world who often open the Twitter application to find out about something new, including meme coin.

Memecoin's hype is created by planning various platforms including Twitter, no memecoin succeeds just by attracting traders. Behind all successful memecoins there are some big people and that is beyond the thinking of small traders like us. As a result, it is very difficult for small investors to catch the memecoin bottom, due to the fact that among thousands of memecoins coming to the market, only a few can create a strong position in the market. So hunting memecoin is very difficult and risky game.

[Trisha Rola]

yes of course because Memecoin, like Dogecoin and Shiba Inu, has garnered significant attention and popularity within the crypto community. However,their importance to the overall crypto market is debatable and depends on how one defines importance.

[Gurujebs]

yes of course because Memecoin, like Dogecoin and Shiba Inu, has garnered significant attention and popularity within the crypto community. However,their importance to the overall crypto market is debatable and depends on how one defines importance.

May I know exactly what meme coins are doing aside from dumping and pumping all the time. If not for Elon that gave themnsom relevance, I bet you many of them wouldn't exist today but because they let them have the taste of the market,  all of a sudden it becomes the new hot thing in town without any product to show, just a random coins created for people to use to manipulate price and help rich.

If today Elon Musk see his Shiba and don't give them relevance again, many people are going to shop buying meme coins but for quick gains, they wouldn't. Some people right in their mind are already planning to use their $100 bought Doge to buy their dream car, crypto is ridiculous recently.

[doc]

yes of course because Memecoin, like Dogecoin and Shiba Inu, has garnered significant attention and popularity within the crypto community. However,their importance to the overall crypto market is debatable and depends on how one defines importance.

Meme coin is a coin that is suitable for short-term investing. If you call it important, meme coin is also important for fans of hype coins like meme coin. because they can get big profits in a short time, but the risks are also very big.

[KryptoBull]

May I know exactly what meme coins are doing aside from dumping and pumping all the time. If not for Elon that gave themnsom relevance, I bet you many of them wouldn't exist today but because they let them have the taste of the market,  all of a sudden it becomes the new hot thing in town without any product to show, just a random coins created for people to use to manipulate price and help rich.

If today Elon Musk see his Shiba and don't give them relevance again, many people are going to shop buying meme coins but for quick gains, they wouldn't. Some people right in their mind are already planning to use their $100 bought Doge to buy their dream car, crypto is ridiculous recently.

Dogecoin was actually very popular and had an impressive price increase in 2017, before Elon Musk's support. The fun value of memecoins was formed from that time and it also really attracted investor attention, although not as strong as it is now.

Now the memecoins trend has become important. We see Avalanche, Solana, Arbitrum all focus on supporting memecoins to promote excitement in the ecosystem. We should even get used to meme culture in the crypto market when many people only want to invest in memecoins instead of BTC or top coins. I know it's ridiculous, but memecoins have actually become an integral part of the crypto market.