Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: Joseph Lee on May 29, 2024, 05:30:39 PM
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
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When it comes to memecoins, I believe SOL is definitely the chain and all the protocols and chains that you can encounter are there. There are a lot of coins that are being freely airdropped just because of it. I have seen my address receiving a bunch of MEME coins just for the fun but I haven't really done anything with it.
It's sad that I have yet to profit from meme coins. I'm not that lucky in terms of it. Hence, I'm not confident.
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Re: Are You Confident in Your Memecoin Holdings?
I have no meme coins that are holding right now, but I already set aside a small amount of my money to buy DOGE during the winter season/bear market season. This is because I want to join the community, and my decision is also inspired by the death of the face of DOGE which is Kabosu.
I believe that there are many who got profit already while holding meme coins, but I also believe that there are many people who lost their money investing into it especially those who bought new memecoin projects. Whatever happens, I hope that you will end up making profits at the end of the bull run whether it's from meme coins or whatever it is. :)
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I'm not confident holding any of my memecoins because I know the volatility his high. Infact crypto volatility is high generally talkless of memecoins. The best way to hold memecoin is by taking profit after the pump they holding the rest incase there is a dump or probably more profit.
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
The current market conditions are such that Meme Coins are always at the forefront. But I don't agree to invest in all meme coins. In the meantime we are seeing a good movement of the Bonk meme coin on the Solana chain. Most of the meme coins in the market have created hype now, among them Doge, Shib, Pepe and Bonk, I am not interested in investing outside of these coins. Because at any time there may have big fall in the market, the price of the coins can drop a lot from the current situation. We can get some experience about the state of Shib coin from the last bull market.
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The current market conditions are such that Meme Coins are always at the forefront. But I don't agree to invest in all meme coins. In the meantime we are seeing a good movement of the Bonk meme coin on the Solana chain. Most of the meme coins in the market have created hype now, among them Doge, Shib, Pepe and Bonk, I am not interested in investing outside of these coins. Because at any time there may have big fall in the market, the price of the coins can drop a lot from the current situation. We can get some experience about the state of Shib coin from the last bull market.
I agree, not all memecoins will give us profits and only a few and most of them will actually end in fraud, so it is not recommended, especially with the large amount of money we allocate.
I prefer to minimize risks, although I also bought memecoin several times, but that too with a small amount of money. And I am also prepared for the risks that will happen to me when I invest in memecoin.
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I am highly confident why?
Because what I am only Holding now is Dogecoin and Shiba Inu (planning to add Pepecoin) and so for that i know I am in safe investments.
I'm not confident holding any of my memecoins because I know the volatility his high. Infact crypto volatility is high generally talkless of memecoins. The best way to hold memecoin is by taking profit after the pump they holding the rest incase there is a dump or probably more profit.
if you are feeling this not that confident then better to sell them and change holding
because there is no future when keeping something you are not trusting that big.
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Where are your high-conviction meme tokens and are they on Solana?
Meme coins for me are like coins without hope.. I always have low expectations for meme coins so that they don't become the cause of the deepest heartache for me in the future. Meme coins are very risky, so I don't want to get my hopes up to x100 or x500 for one of the memecoins I own... if it's going to be big, then I'll take the profits... but if it fails, I let it go It's a failed experiment at first glance.
Meme coins have no fundamentals, so... in my opinion it is not justified to have too high expectations on meme coins.. this is like a lottery ticket, where we buy our favorite meme coin and wait for it to fly to the moon until it gives us a profit from the pump that occurs . That's how meme coin works.
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
What I think about the meme coin is those are kind of lottery ticket because of the high risk. Generally I don't do any investment on memecoin and as per now I didn't get any real profit from the memecoin may be that's because I'm not good at the trading and as well as my luck wasn't that time. Anyway for now when I invest on memecoin it's very little amount like buying a lottery ticket. :)
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
I only have 2 meme coins, Doge and Shiba Inu. Are you confident with these two coins?
That means yes. It's just that, it seems like I'm starting to not be so sure if either Doge or Shiba Inu can get their ATH back or even pass them. Is it possible that will happen?
Unfortunately, I only held Doge after Doge went viral in 2021 and I was too late to take profits. Meanwhile, Shiba INU is also the same. In essence, my target was too high at that time to take profits and in the end the price was kept turning down at that time and I lost that golden opportunity. Unitl now, the coins are sitting in my wallet and I still hope that it will pass the previous price that I bought.
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
I only have 2 meme coins, Doge and Shiba Inu. Are you confident with these two coins?
That means yes. It's just that, it seems like I'm starting to not be so sure if either Doge or Shiba Inu can get their ATH back or even pass them. Is it possible that will happen?
Unfortunately, I only held Doge after Doge went viral in 2021 and I was too late to take profits. Meanwhile, Shiba INU is also the same. In essence, my target was too high at that time to take profits and in the end the price was kept turning down at that time and I lost that golden opportunity. Unitl now, the coins are sitting in my wallet and I still hope that it will pass the previous price that I bought.
i used to just have one which is doge. but the memecoins that has its own bull market is just too much to resist so i did jumped into its train and somehow got a few profit out of it.
and then i got addicted at some point so now i got every memecoin on every platform i know. ;D well i'm still confident they may all go up one day and i can celebrate when i'm done selling at greater price.
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
- Out of the two you named, op, only the BCP beneath the base blockchain can be deemed to have a good chance of making a profit for holders in the future,
as there are only 21 million of them in circulation; the other two are both worthless.
You may also find a ton of other meme currencies that can help you profit from the upcoming bull market. Although I'm not only following the trend, I am also a meme coin hunter and understand when a coin has promise. Rather, I possess fundamental standards.
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
I already got hold of one meme and was tempted out of experimentation but I still hold that memes are pump-and-dump some memes are doing good but the majority is losing a lot of money from other meme coins they invested.
Although the meme that I invested in comes from a well-known personality in the ordinals world I am not yet confident I will have to prove that if the meme comes from well know personality it has a good chance of placement in the market, so I'm still waiting if this is true.
But whatever the outcome I'm comfortable with my losses I just keep my three days snacks to buy this meme so I will be ok with the losses.
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Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?
I already got hold of one meme and was tempted out of experimentation but I still hold that memes are pump-and-dump some memes are doing good but the majority is losing a lot of money from other meme coins they invested.
Although the meme that I invested in comes from a well-known personality in the ordinals world I am not yet confident I will have to prove that if the meme comes from well know personality it has a good chance of placement in the market, so I'm still waiting if this is true.
But whatever the outcome I'm comfortable with my losses I just keep my three days snacks to buy this meme so I will be ok with the losses.
jumping into the meme train while you are already in crypto for years means you understand the risk already about investing in these useless memecoins but seem fun to win a few bucks every time they were pumped.
i even close my eyes hoping my buy order wouldn't be taken but someone just deliberately pick my buy orders lol so i got some of those memecoins. win or lose, its all there and i'm just hoping that all these memecoins are going to shooot up once bulls rally.
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I already got hold of one meme and was tempted out of experimentation but I still hold that memes are pump-and-dump some memes are doing good but the majority is losing a lot of money from other meme coins they invested.
Although the meme that I invested in comes from a well-known personality in the ordinals world I am not yet confident I will have to prove that if the meme comes from well know personality it has a good chance of placement in the market, so I'm still waiting if this is true.
But whatever the outcome I'm comfortable with my losses I just keep my three days snacks to buy this meme so I will be ok with the losses.
jumping into the meme train while you are already in crypto for years means you understand the risk already about investing in these useless memecoins but seem fun to win a few bucks every time they were pumped.
i even close my eyes hoping my buy order wouldn't be taken but someone just deliberately pick my buy orders lol so i got some of those memecoins. win or lose, its all there and i'm just hoping that all these memecoins are going to shooot up once bulls rally.
The one thing that I'm afraid of is for me to get hooked when the meme coin I invested gives me a good profit, this could tempt me to try other memes and this will not look good for my concluded opinion about memes.
I'm more hoping to lose on my meme investment just to prove again that I'm right that meme is not a worthy investment so I'm holding this for a couple of months to see where it goes will my investment get eaten up or will it gain me 10x of profit, that I'll find out soon.
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I'm no longer interested in Solana, it's been a long time since I moved to the base network because it's smoother and there are also many new memecoins that can be explored.
But of course it is full of risks and for anyone who is not ready, do not enter.
And I also have $DOG which is a memecoin that is on the Bitcoin Rune network and it is a new network today and it is very hype.
$DOG even gave me thousands of dollars for free because it was indeed a memecoin $DOG dropped for Runestone NFT holders on the Ordinal network.
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I'm holding $WEN from airdrop, wouldn't say I'm confident in it but I wouldn't mind if it goes to zero since I got it from airdrop, free stuff makes me feel less attached.
I'm not holding any other memecoins atm, though bought one a while back for 1 $SOL but dev rugged shortly after. It was gamble, knew what I was getting into, so it wasn't a surprise per se.