The growth of memes: dangerous conspiracy theories

[Bobcrypto]

I only consider memecoin as a quick way to earn some money since they are very cheap at the launch but within a short time they can pump to an unpresidented level. Memecoin are good for the short, after a good pump you may decide to sale then rebuy again. So, I think memecoin is just a quick way earn to in cryptocurrency. I don't see any form of conspiracy in memes at all.

[Freemind]

I only consider memecoin as a quick way to earn some money since they are very cheap at the launch but within a short time they can pump to an unpresidented level. Memecoin are good for the short, after a good pump you may decide to sale then rebuy again. So, I think memecoin is just a quick way earn to in cryptocurrency. I don't see any form of conspiracy in memes at all.

As I said in my previous posts, I don't think it's any kind of conspiracy either. It is one more way to get money from those who are "late" to the party, all those memecoins act the same way, "community driven". They have an unnecessary total supply, an anonymous team, and many spammers. Usually these projects disappear a few months later, leaving people penniless. Unfortunately, that is the only way that many people learn.

[Senin]

I only consider memecoin as a quick way to earn some money since they are very cheap at the launch but within a short time they can pump to an unpresidented level. Memecoin are good for the short, after a good pump you may decide to sale then rebuy again. So, I think memecoin is just a quick way earn to in cryptocurrency. I don't see any form of conspiracy in memes at all.

You can really make money on memcoins at first, but since their price is pumped up by the hype and subsequently should fall to a suitable level, holding them for too long is very risky.
The danger of such memcoins lies in the fact that after some time, when the hype with them subsides, they will sharply lose in price and then many of their holders will suffer losses. Panic may also start, which may switch to regular cryptocurrency. Such shocks in the cryptocurrency market are undesirable, they will compromise it.

[dolcefarniente]

Alternating pumps and dumps of meme coins and other altcoins are a great opportunity for MarketMakers to collect Bitcoins and real dollars from gullible crypto enthusiasts. Instead, as in past centuries, distribute glass beads to the natives.

[Vx1]

Since Elon Musk pumping of Doge Coin, since then, a lot of new meme coins have appeared. And the meme coin goes through a fairly rapid rise and fall in price and then dies. If we are good at playing here we will gain big, but if not then we will lose a lot.  For some people, they don't want to play coin meme but the truth is a lot of Crypto investors and traders are in here.

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[Manna]

When it gets cold, then people lose interest and you have to rekindle the iron again to be ready for another round. In other words, for people who loves some risks to get the rewards, meme coins can be a good way to make some money in cryptocurrency but one has to be careful and this is not for the newbies unless you are so willing to wait a lot when the your coin has catch up a cold.