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Author Topic: The impact of meme tokens over potential cryptos  (Read 1684 times)

Offline hugo_uzman

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Re: The impact of meme tokens over potential cryptos
« Reply #15 on: July 16, 2021, 02:15:45 AM »
meme coin such as Dogecoin has been roaming around the cyberworld for a long time 7 years or more and it's potential predicted before was slim until such influential celebrities like rappers, tv personalities, Hollywood people, athletes, social media influencers, tweets, and billionaires. The skyrocketing value of the said coin has shocked the crypto world, so the bottom line is that the potential of this meme coin depends upon the influence from the marketing exposure.

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Re: The impact of meme tokens over potential cryptos
« Reply #15 on: July 16, 2021, 02:15:45 AM »

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Offline Rajneesh Kumar

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Re: The impact of meme tokens over potential cryptos
« Reply #16 on: July 16, 2021, 11:12:01 AM »
Many people are making money and drowning in meme coins, according to me only a few meme coins will last long.
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Offline Freemind

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Re: The impact of meme tokens over potential cryptos
« Reply #17 on: July 16, 2021, 11:21:54 AM »
Meme tokens have basically two functions, the first is to make the team (there is rarely more than one member in the team) make a lot of money with the first investors, and then spend part of that money to pay youtubers or crypto influencers to promote the project. At that time the FOMO appears and many people buy very expensively what the first investors bought. Of all the meme tokens currently on the market, maybe two of the ones I know of have a more or less continuous development, the rest is garbage.
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Offline Master107

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Re: The impact of meme tokens over potential cryptos
« Reply #18 on: July 17, 2021, 07:59:11 AM »
Many people are making money and drowning in meme coins, according to me only a few meme coins will last long.

Once the meme token will do the metamorphosis process. They will launch new face with extravagant target. Majority of meme token is vanishing. Seldom to see meme do the metamorphosis process.


@Freemind
Yeah, more meme tokens are producing money now, garbage later. Not safe to invest on it. However if that meme token is like the other one shifting into another level planning to conquer the best exchange. Good to buy and hold for about 3 to 4 years.  ;D


Offline Freemind

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Re: The impact of meme tokens over potential cryptos
« Reply #19 on: July 17, 2021, 11:32:57 AM »
@Freemind
Yeah, more meme tokens are producing money now, garbage later. Not safe to invest on it. However if that meme token is like the other one shifting into another level planning to conquer the best exchange. Good to buy and hold for about 3 to 4 years.  ;D

In all of this, exchanges are also very important, as they make these meme tokens work in one way or another. For example, Etoro and Coinbase are going to list Shiba Inu, it is true that this project has a solid development and team, but it is still a meme that was born from another meme. I don't know where the market is going (and the people) when the success of a project is marked by exchanges, rather than really good new projects.
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Offline jonathancool220

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Re: The impact of meme tokens over potential cryptos
« Reply #20 on: July 18, 2021, 04:53:28 AM »
It is very reliable because I am sure that cryptocurrency is inspired by various things that exist in the real world, such as from food, animals, planets and various objects that exist in the real world.
I saw Meme from Dogs making super coins and continuing to be able to expand their business to the top of the mountain or more precisely to the Moon, DOGE is the coin I mean!

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Re: The impact of meme tokens over potential cryptos
« Reply #21 on: July 18, 2021, 12:38:13 PM »
Actually all those memes want to be like Doge, but not because Doge is a big project or does something that no other coin or token can do, those "projects" want to be like Doge to entice newbies to invest and hopefully create another stupid pump and dump coin. The worst thing is that new ones appear every day, I don't know how many "Inu", "Dogi" and "Floki" there are in CMC.
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Re: The impact of meme tokens over potential cryptos
« Reply #21 on: July 18, 2021, 12:38:13 PM »


Offline legend45

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Re: The impact of meme tokens over potential cryptos
« Reply #22 on: July 20, 2021, 03:35:54 PM »
Actually all those memes want to be like Doge, but not because Doge is a big project or does something that no other coin or token can do, those "projects" want to be like Doge to entice newbies to invest and hopefully create another stupid pump and dump coin. The worst thing is that new ones appear every day, I don't know how many "Inu", "Dogi" and "Floki" there are in CMC.

For now, I don't think about meme tokens. I think It's just fomo, because doge coin has touched new ATH before dumped.
I personally prefer invest in NFT, I think It will have greater future than meme tokenism .

 

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