Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: Blast on June 27, 2024, 01:32:55 PM
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
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So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu?
Staying power like.....what?
If you look at their top performance they are both down by 80% and 83% from their ATH back in 2021, so not so much staying power.
Besides the two are different
- shiba inu stays afloat because of the previous pump, its holders are willing to risk it all to maybe gain again x10 overnight
- doge has actual usage, is cheap, fast accepted everywhere, and has tons of liquidity and an independent chain, while others have kept being meme coins dogecoin has replaced litecoin almost completely
Find a meme coin with those capabilities and you have found the replacement.
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
I think Shiba and doge are both down from ath but they've got the community already, good hype too and when the bull run is back. They might pick up. There's a lot of meme though. I'll suggest you explore Bitget memezone. Look for new introductions like APECOIN, daddy etc with good volume and bid..
even though their value has dropped, they still survive and are still loved by the community, and I'm sure doge will remain a legendary meme that holders are always waiting for to reach 1$
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
but... the question is a little strange, and I don't even think this needs to be asked... meme coins that last a long time, you definitely know when they are long-lived... meaning the coin has been around for a long time and has good popularity like DOGE or SHIBA... think that the meme coins that have just been released have a long lifespan??? believe me who says only sales people want to sell more and want to be more popular...
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Every smart con ltract platform might have its own memecoin with "staying power" since its has the community that can also make the the memcoi oroject afloat.
The memecoins are making a big help for the community to grow so the more people joinng the stronger its staying power.
Does Staying Power means existence like not rugpulling? Because the memecoins can could exist without so much volume in exchanges. The dex lists them no prob.
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I think meme coin will not last long as it has not performed well compared to last few years. Moreover investors are the most powerful tool of a project, but it is difficult to find smart investors for meme coin. This year has been the best hype for meme coin as many new meme coins have entered the market but how many have strong durability? Most of the meme coins are fake and scam. But some of the top meme coins are doing well in the market and since they have built a strong community, they can be respected for a long time.
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Wow, sometimes I also want to see it. But apparently this is not easy. There are many meme projects that only target momentary development and hype, and that's only for momentary profit without caring about the future fate of the meme. We can see that from the influx of meme coin projects that have emerged so far. And many of them often become dead coins and then drop again.
However, perhaps until now, Doge still seems to be on track. In the midst of the onslaught of many meme coins that have appeared, even though the current increase in Doge is not significant, this meme coin is still on track, continues to survive and I think it will continue to grow in the future. But even so, can meme coin be as powerful as we hope?
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I'll suggest you explore ****** memezone.
Ok, just stop with the shilling, it's too much!
Wow, sometimes I also want to see it. But apparently this is not easy. There are many meme projects that only target momentary development and hype, and that's only for momentary profit without caring about the future fate of the meme. ~
However, perhaps until now, Doge still seems to be on track. In the midst of the onslaught of many meme coins that have appeared, even though the current increase in Doge is not significant, this meme coin is still on track, continues to survive and I think it will continue to grow in the future.
I had a topic exactly about this:
https://www.altcoinstalks.com/index.php?topic=319092.0
Doge survived because it stopped being only a meme coin.
Nobody will laugh at you if you ask for payment in doge or you want to pay with doge, but go ask a big reseller if they accept 'A Gently Used 2001 Honda Civic " yeah, no joke, that's the name of a coin, and probably they will laugh at you!
Doge had 700 000 on chain (it's own chain) tx last day, it's beyond meme right now!
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
I was going to say that dogecoin and Shiba have already proven that memecoins can indeed have a staying power, but you already mentioned that in your post.
So, to go further, with all the hype and buzz around meme coins, it's important we all understand that not all meme coins will survive in the short and long term, I would say that more than 99 percent of them will drop, most especially the celebrity meme coins that seems to be reigning now, investors should avoid celebrity meme coins since such ones lack purpose, or direction, I understand that meme coins are simply for fun, but what exactly is funny about celerity meme coin? Many of them aren't even memantic.
So, in the nutshell, even though meme coins are simply for fun, it's important we be careful which and which we choose to put our money in, for like I said before, 99 percent of them will not last, even after climbing to the top 100 in market cap.
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So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu?
Staying power like.....what?
If you look at their top performance they are both down by 80% and 83% from their ATH back in 2021, so not so much staying power.
Besides the two are different
- shiba inu stays afloat because of the previous pump, its holders are willing to risk it all to maybe gain again x10 overnight
- doge has actual usage, is cheap, fast accepted everywhere, and has tons of liquidity and an independent chain, while others have kept being meme coins dogecoin has replaced litecoin almost completely
Find a meme coin with those capabilities and you have found the replacement.
doge is a great coin and has staying powers for mining bigly.
My mine is closed I lost my host with cheap power. The only gear that makes a profit at my house with 17 cent power is my L7 merge mining LTC and doge.
That is staying power for miners. Better than btc .
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Memecoin has been performing worse than it used to for the past few years. And currently investors have almost given up investing in memecoin. The main reason for this is that most of the coins in the memecoin market are fake and scams. Due to this investors are afraid to invest in it. But finding good investors for MemeCoin is difficult. Again there are many investors who invest with risk and in the future they can do well.
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Memecoin has been performing worse than it used to for the past few years. And currently investors have almost given up investing in memecoin. The main reason for this is that most of the coins in the memecoin market are fake and scams. Due to this investors are afraid to invest in it. But finding good investors for MemeCoin is difficult. Again there are many investors who invest with risk and in the future they can do well.
What the media reports are only memecoins with high gains... while trash memecoins are rarely published in the media... you are right in saying that the current performance of meme coins is not much like gambling, where each coin waits for its turn to get the pump moment. ..and what's unique is that only a handful of coins experienced this crazy pump... out of the 1000 meme coins that exist, maybe only 2 or 3... isn't it nothing but buying lottery numbers??? It's just that purchasing lottery numbers will immediately reveal the results, while memecoin is still a big question mark, a matter of time and also the prize.
I agree with your opinion.
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
You mentioned a few of them already so I will say that records have it that memecoin have a track record even though some of them have failed and become a worthless or even just hype coin.
So for that we may likely see some potential memcoins in the future that will have track records in the market and a sustainable ecosystem, most times there is volatility in the cryptocurrency market but the coin ability to build liquidity that can support there price all the time is what make more sense.
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So for that we may likely see some potential memcoins in the future that will have track records in the market and a sustainable ecosystem, most times there is volatility in the cryptocurrency market but the coin ability to build liquidity that can support there price all the time is what make more sense.
You have a valid point here and the inability of the team to build a more vigorous ecosystem for their projects is what makes it more difficult for the coins to hold on to the market volatile and make them dump all of a sudden. On a general note, meme coins have not been able to hold on to the market volatile nature with most of them exiting the market so soon, so I think there’s need for one to also have a change of mindset when investing in them so that when it doesn’t go well, you can as well not feel disappointed and expecting it to happen.
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
You should clear what kind of staying power means here but for some memecoin to stay that longer? we have already watched Dogecoin and Shiba Inu for some time now that they stayed powerful like what have been shown over those years.
but for meme to have a real power over real coins? I'm afraid this will never come not unless Memecoins will have another venture that will make them more functional than just a Meme .
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
In a highly volatile market and these memes are relying on hype and shilling with no solid use case I doubt if there are meme coins with staying power.
The popularity of the memes depends largely on the hype and support of the whales, its more like a follow-the-leader type of thing.
Investors are going from one meme to another and this is one big proof that no new memes will have staying power.
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In a highly volatile market and these memes are relying on hype and shilling with no solid use case I doubt if there are meme coins with staying power. The popularity of the memes depends largely on the hype and support of the whales, its more like a follow-the-leader type of thing. Investors are going from one meme to another and this is one big proof that no new memes will have staying power.
I am sure that the only available use-case of most memecoins is making huge money for the people behind them and the people who are supporting them first...so if one wants to make gargantuan money with memecoins they must join even before the project is taking off the ground. The only problem is that there are so many of them and it can be a lot dizzying to select which one can be deserving of your money...so in the end it can all be based on luck. Hypes and exaggerations are all okay in pushing for memecoins...and because of this many of them will not last long in the market...why would they when their very foundation is not concrete? So people are jumping from one memecoin to another in the search for one that can change their financial situations.
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The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?
In a highly volatile market and these memes are relying on hype and shilling with no solid use case I doubt if there are meme coins with staying power.
The popularity of the memes depends largely on the hype and support of the whales, its more like a follow-the-leader type of thing.
Investors are going from one meme to another and this is one big proof that no new memes will have staying power.
Agree with you, maybe there are some of them that can survive, but it is a very small number and can be counted compared to the number of new meme coins that are born. Almost every day there are always memes born.
Meme coin investors are also usually only there for a short time. Just to make a profit and they switch to another meme coin to do the same thing again. And so on.
So to answer this question is quite easy for me, namely that there are no or very rare memecoins that can survive.