Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: Smilez on May 27, 2024, 05:47:22 PM
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Lot have been happening in the crypto space this days from BTC EFT approval to Eth ETF, and meme trader still making alot from their trades daily,seeing lot of Kol trade meme made me interested in it, one particular project $X is a decentralized meme coin built on the Runes protocol, inspired by Elon Musk's vision of limitless possibilities.
It's 100% community-driven, with 100,000+ addresses holding the coin. Initially valued at 2.1M, it has grown to exceed 13M. $X symbolizes connection and empowerment, and its community-driven approach embodies the true spirit of decentralization. What you think about $X do you think it might just gain Elon attention and be the Next Doge?
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Hmm, I haven't heard of any coin such new meme coin, probably due to weak marketing, anyway, the market capital you are mentioning is already much attractive still I doubt the transparency levels, as I haven't checked any of the details about it so I cant give any view on it, but obviously, every meme coin lover should know that meme coins are highly risky + rewarding if you are lucky enough and in saturate meme coins where market cap is low risk is worthy, but proper strategy is required, a strong narrative +market can do anything, but now recently I new trend is observed chain based meme coins, which are directly support by the chains we can say the official blockchain meme coins.
In such meme coins risk is potentially low due to the strong backing, when a particular blockchain narrative explodes such as Solana the meme coins supported by those blockchains explode crazy and these types of meme coins are worth checking for the newbies as they don't need to have risk management skills just basic info can help them to find best opportunity according to trend.
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Lot have been happening in the crypto space this days from BTC EFT approval to Eth ETF, and meme trader still making alot from their trades daily,seeing lot of Kol trade meme made me interested in it, one particular project $X is a decentralized meme coin built on the Runes protocol, inspired by Elon Musk's vision of limitless possibilities.
It's 100% community-driven, with 100,000+ addresses holding the coin. Initially valued at 2.1M, it has grown to exceed 13M. $X symbolizes connection and empowerment, and its community-driven approach embodies the true spirit of decentralization. What you think about $X do you think it might just gain Elon attention and be the Next Doge?
Is this a official project by Elon Musk? If it is just inspired then I think it's obvious a pure pump and dump coin, sorry to burst the bubble for you. And I doubt that it will become the next Doge. I also don't think that it will gain Elon's attention, I mean this guy knows how to play the crypto game just like what he did on Bitcoin and then Dogecoin.
And if ever he will have his own coin, I think he will let everyone knows about it and make it official and not just to jump on something which he doesn't have control unless he bought at lot of $X and HODL and then create a lot of hype around it and sell for easy million profits for him.
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Hmm, I haven't heard of any coin such new meme coin, probably due to weak marketing, anyway, the market capital you are mentioning is already much attractive still I doubt the transparency levels, as I haven't checked any of the details about it so I cant give any view on it, but obviously, every meme coin lover should know that meme coins are highly risky + rewarding if you are lucky enough and in saturate meme coins where market cap is low risk is worthy, but proper strategy is required, a strong narrative +market can do anything, but now recently I new trend is observed chain based meme coins, which are directly support by the chains we can say the official blockchain meme coins.
In such meme coins risk is potentially low due to the strong backing, when a particular blockchain narrative explodes such as Solana the meme coins supported by those blockchains explode crazy and these types of meme coins are worth checking for the newbies as they don't need to have risk management skills just basic info can help them to find best opportunity according to trend.
I searched for X on twitter and this came out. https://x.com/RUNES_X_BITCOIN/status/1795388141987098698?t=D4lT9xzAp0RQWhJfOWvkPg&s=19. I think this is different. It's on Bitcoin Blockchain leveraging runes protocol. There's alot of excitement on this though .you can check it out. Might wait further to see how the community backing is.. so DYOR
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Is this a official project by Elon Musk? If it is just inspired then I think it's obvious a pure pump and dump coin, sorry to burst the bubble for you. And I doubt that it will become the next Doge. I also don't think that it will gain Elon's attention, I mean this guy knows how to play the crypto game just like what he did on Bitcoin and then Dogecoin.
And if ever he will have his own coin, I think he will let everyone knows about it and make it official and not just to jump on something which he doesn't have control unless he bought at lot of $X and HODL and then create a lot of hype around it and sell for easy million profits for him.
Each memecoin needs to have its own narrative, and the X token also wants to use the X platform to attract investor attention. Runes protocol may not be a good choice for X token because it will incur a lot of transaction fees on Bitcoin blockchain, directly limiting the accessibility of the X token to investors.
Anyway, I have no intention of investing in this memecoin until it appears on the top CEXs and is directly mentioned by Elon Musk. For memecoins, I am only interested in top coins such as DOGE, SHIB, PEPE, FLOKI to minimize risk in this highly volatile trend :)
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It's 100% community-driven, with 100,000+ addresses holding the coin. Initially valued at 2.1M, it has grown to exceed 13M. $X symbolizes connection and empowerment, and its community-driven approach embodies the true spirit of decentralization. What you think about $X do you think it might just gain Elon attention and be the Next Doge?
A meme coin that just created just because the developers got inspired by Elon Musk's Twitter?
It's a no-no for me.
It's a no-no for me, but I'm not saying that the project is a scam. It's just that, I don't think that a meme coin is a good investment for me. I don't invest in meme coins that's inspired by some influencers or some animals out there. I will invest in a coin that has utility. Meme coins are mostly community-driven like this coin is. I just hope that the "community" is loyal enough to keep the token afloat hence, making it a successful project.
Anyway, good luck with those who will invest in the project. Like what others are saying, "A project will not be a scam unless they will do it", so I will not say that the project is a scam, but just beware and be ready for the worst thing that can happen.
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I think impossible with X a meme inspired My Elon's X and looking take hype moment awhile after Elon Musk change twitter platform name to be X platform. Its not the first time with some meme coins created after inspiring from Elon Musk because recently when Doge coins hype have some meme coins created based on Elon Musk tweet. Just running in short time only before dropping to lower price and become scam coins.
Personally I don't familiar with X meme coins and not see yet their ANN official thread until which one exchange have release for this coins, you can give us some detail link about X meme coins such as website or official media account to check detail about that meme coins.
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I do not think that Musk will create a currency from scratch because the failure of token will be linked to his name, and may fail at some point, especially if there is no continuous development and Musk no longer has enough time to promote the project. It is true that the project may rise like crazy in the first days, but in the long term it is a failure investment.
Until now, Musk has not announced his support for such a token, so this is a scam.
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$X's narrative is really interesting - not just fun, but with the name X, I saw it listing on Bitget, and that's impressive. On Bitget, I also saw another listing that caught my attention: a Solana meme, $CWIF. We all know how Solana memes have been making very nice pumps, which makes me even more interested in this project. Having a cat symbol does make it relatable. I'll be keeping an eye on how it performs in the market...
Do you mean this token?
$X price live data summary The live price of $X is $0.00 per (X / USD) today with a current market cap of $0.00 USD. The 24-hour trading volume is $0.00 USD. X to USD price is updated in real time. $X is +0.00% in the last 24 hours. It has a circulating supply of 0 . What is the highest price of X? X has an all-time high (ATH) of $0.{9}3543, recorded on 2023-08-08.
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source -----> Bitget warning (https://www.Bitget ( [url=https://www.altcoinstalks.com/index.php?topic=329791.0) )/price/]https://www.Bitget ( Bitget warning (https://www.altcoinstalks.com/index.php?topic=329791.0) )/price/[/url]$x
This token was listed more than 8 months ago and there are no trading volumes in it.
Without trading volumes, it is useless, and I do not think it is an example of a successful project.