Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.as long as there is an audience to target, memecoins will continue to exist the reason why people keep on making memecoins is because they know that some people will always go and invest in it
what do you think makes them keep surfing if there is no real life use of them?a lot of memecoins give a lot of airdrops which is what attracts investors the most the thought of basically getting free money is interesting to most and even if it does not have any actual use or guarantee of success people are still willing to try and see
Memecoins are risky bet, each one of them is useless, but some have value because there is community backing that particular coin. I invested in couple, got burned, definitely not my cup of tea. There are hundreds/thousands are being created daily, a rare one gets community backing and gives huge profit.
As long as many traders or investors buy the Meme coin, the Meme coin will continue to live and be marketed on various Exchanges. Its cheap value (minimal) proves that the supply of this Meme coin is very large so that it is also equated with its market cap. If the price of the Meme coin is expensive, then the Meme coin supply is certainly small, yes, the minimum supply is like Bitcoin around 21 million.I see that there are still many people interested in meme coins, because they want big profits from their investments. But we must understand the risks in investing. Because in my opinion investing in meme coins is very risky, if one day the developer abandons it and experiences a rug pull. I prefer to invest in coins that have projects that are useful for users such as ETH, BNB, SOL, TON etc.
I see that there are still many people interested in meme coins, because they want big profits from their investments. But we must understand the risks in investing. Because in my opinion investing in meme coins is very risky, if one day the developer abandons it and experiences a rug pull. I prefer to invest in coins that have projects that are useful for users such as ETH, BNB, SOL, TON etc.
Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.
Mmeme coin is also potential to be held so we also have to do research to choose which meme coin has potential. In investing we don't have to care about what other people say, but believe in the results of our own research, because this is our money and we are the ones who have to decide which one to buy and hold.Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.
People are free to say whatever thing that may come out of tier mouth because there is freedom of speech, this memecoins we are considering mainly depends on the developers, we can take on for instance, if a reputable organization is making a bid to launch in a new project and then we have another personal struggling with capital to do the same, we already know who will perform well.
...the correct classification is "pump and dump" because for a lot of these coins, the primary and sole objective is to make the developer of said memecoin a lot of money at the expense of everyone else.
Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.
People are free to say whatever thing that may come out of tier mouth because there is freedom of speech, this memecoins we are considering mainly depends on the developers, we can take on for instance, if a reputable organization is making a bid to launch in a new project and then we have another personal struggling with capital to do the same, we already know who will perform well.
There are many reasons why many new start up meme projects are successful despite their low values, that is, know users vase. The following reasons can be considered,
1.Profitability
2.Hype
3.FOMO
4.Team sincerely/true identity
5.Popularity
Now, anyone going into Business is to make profit, and as many people already know, Meme coins has becomes a big trend project on news channels especially on social networks, creating hypes this days, which has also attracted many investors and traders as a huge profitable coins.
Meme coins has no users case but it has generated big fun and happiness among users globally, and many crypto enthusiast want to be part of the meme frenzy which is causing fear of missing out (fomo).
in addition, meme coins projects launched this days has shown some serious transparency, and cudos to Team sincerely and open identity that has brought trust to these projects.
I would say that the main value of most (maybe not all) memecoins we can find in the market right now is their ability to make people (the developers and the investors) rich overnight and if this is not achieved then there can be a big fail...and so they move on to another new memecoin hoping that it would be the one to give them the ticket to financial independence overnight.But this is the fact that we often find in the field. We are often not so interested in the fundamentals of the meme coin, and they don't even have the fundamentals. But why can the meme coin be hype?
that's the fate we will receive if we are late to enter projects that only rely on hype like mem koin. When we enter late, the price starts to fall and we will experience losses. so be careful when investing in coins that only rely on hype because the risk is very high. I prefer to invest in bitcoin, ethereum, BNB and solana.
But this is the fact that we often find in the field. We are often not so interested in the fundamentals of the meme coin, and they don't even have the fundamentals. But why can the meme coin be hype?
Yes, because I think their team's ability is quite great, because after all, they are that serious about promoting their project, making their meme coin project very hype, and they know what concepts and current market conditions are most interesting. Their team is also convincing enough to make more people know about the meme coin so that it becomes hype because of the exaggerated news. And in the end, they can be that successful in listing on the top exchange which can make their meme coin even more hype.
And in the end, when they have listed and taken profits, then as usual, their project is just abandoned and let the people who just entered experience huge losses. That's why meme coins always give high returns to those who have entered first, and high risks to those who enter late. They can make someone to be rich over night, and vice versa can also make someone poor in one night because carelessly all in in that meme coin.
But this is the fact that we often find in the field. We are often not so interested in the fundamentals of the meme coin, and they don't even have the fundamentals. But why can the meme coin be hype?This is a common trait we see in memecoins, yet it's hard to pass up a potential life-changing opportunity, especially considering Solana's incredibly low transaction fees that are accessible to all investors. Memecoins have already seen success on Solana with the surge of BONK and Sagaphone, but I'm not sensing the same hype for memecoins across the broader market, and Solana seems to be shifting towards DeFi support.
Yes, because I think their team's ability is quite great, because after all, they are that serious about promoting their project, making their meme coin project very hype, and they know what concepts and current market conditions are most interesting. Their team is also convincing enough to make more people know about the meme coin so that it becomes hype because of the exaggerated news. And in the end, they can be that successful in listing on the top exchange which can make their meme coin even more hype.
And in the end, when they have listed and taken profits, then as usual, their project is just abandoned and let the people who just entered experience huge losses. That's why meme coins always give high returns to those who have entered first, and high risks to those who enter late. They can make someone to be rich over night, and vice versa can also make someone poor in one night because carelessly all in in that meme coin.
When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.having this perspective is really helpful i personally do not spend much money to invest in memecoins but i do participate in some of their airdrops this case even though i have spent some of my time and effort in participating with the project at least i did not get ripped off if it does not succeed on the other hand if i manage to get lucky and the project gets good price then i can sell it and i have made profit i never think that these memecoins will be the new bitcoin or solana or ethereum or whatever but i try to take advantage still since they can be profitable
When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.having this perspective is really helpful i personally do not spend much money to invest in memecoins but i do participate in some of their airdrops this case even though i have spent some of my time and effort in participating with the project at least i did not get ripped off if it does not succeed on the other hand if i manage to get lucky and the project gets good price then i can sell it and i have made profit i never think that these memecoins will be the new bitcoin or solana or ethereum or whatever but i try to take advantage still since they can be profitable
Meme coins can provide short-term profits, and if we decide to invest in meme coins, we should do it quickly and sell while it is still hype because after it is no longer hype, the price will likely drop.When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.having this perspective is really helpful i personally do not spend much money to invest in memecoins but i do participate in some of their airdrops this case even though i have spent some of my time and effort in participating with the project at least i did not get ripped off if it does not succeed on the other hand if i manage to get lucky and the project gets good price then i can sell it and i have made profit i never think that these memecoins will be the new bitcoin or solana or ethereum or whatever but i try to take advantage still since they can be profitable
Simply, they don't!
Memecoins will always end up with zero value, the only thing that prevents them from going there is to actually become useful for buying and transacting, much like Doge has become a cheap alternative to Bitcoin
The rest that find themselves in no such position will simply die out, hundreds after thousands, just like it has been for almost a decade now.
Meme coins can provide short-term profits, and if we decide to invest in meme coins, we should do it quickly and sell while it is still hype because after it is no longer hype, the price will likely drop.I think for memecoins that aren't listed on major CEXs, we should just day trade: buy and sell as soon as we profit. However, for memecoins listed on Binance, investors can hold as these are the most successful memecoins, with large communities and backing from major funds in the market.
although there are meme coins that are still in the top 10 coins, it seems that doge has not shown good progress. Everyone hopes that the price of doge will rise to $ 1 but it still seems to be struggling and investors hope for support from Elon Musk.
Meme coins can provide short-term profits, and if we decide to invest in meme coins, we should do it quickly and sell while it is still hype because after it is no longer hype, the price will likely drop.I think for memecoins that aren't listed on major CEXs, we should just day trade: buy and sell as soon as we profit. However, for memecoins listed on Binance, investors can hold as these are the most successful memecoins, with large communities and backing from major funds in the market.
although there are meme coins that are still in the top 10 coins, it seems that doge has not shown good progress. Everyone hopes that the price of doge will rise to $ 1 but it still seems to be struggling and investors hope for support from Elon Musk.
We've seen the success of DOGE, SHIB, PEPE, and NOT. They're all memecoins but they have significant potential for serious investment, even if it was just for fun. For traders, every token is a financial instrument that can be leveraged to generate returns for investors!
Yes, I think that you could express a best comment in your post. We know that meme coin is also the best profitable in cryptocurrency world. Because we know that meme coins some meme coins also give us huge profit in cryptocurrency market. If we follow in crypto market we can see that some of meme coins example- dogs coin, not coin is also very popular and profitable. So i also believe that meme coins also give valuable assets, if we can despite in minimal value.Meme coins can provide short-term profits, and if we decide to invest in meme coins, we should do it quickly and sell while it is still hype because after it is no longer hype, the price will likely drop.I think for memecoins that aren't listed on major CEXs, we should just day trade: buy and sell as soon as we profit. However, for memecoins listed on Binance, investors can hold as these are the most successful memecoins, with large communities and backing from major funds in the market.
although there are meme coins that are still in the top 10 coins, it seems that doge has not shown good progress. Everyone hopes that the price of doge will rise to $ 1 but it still seems to be struggling and investors hope for support from Elon Musk.
We've seen the success of DOGE, SHIB, PEPE, and NOT. They're all memecoins but they have significant potential for serious investment, even if it was just for fun. For traders, every token is a financial instrument that can be leveraged to generate returns for investors!
Sometimes Binance and others bring old coins or memes with low volume back "from the dead" per se to get them sparked one more time before finally dying out / delisting them, though, I do agree that if the meme got listed on some CEX giant, it's probably okay to analyze it at least.
I think for memecoins that aren't listed on major CEXs, we should just day trade: buy and sell as soon as we profit. However, for memecoins listed on Binance, investors can hold as these are the most successful memecoins, with large communities and backing from major funds in the market.I totally agree, just like the many meme coins on Dexscreener, we can see that there are so many new meme coins every day. but in the end, it is very rare for all of them to finally enter the top CEX. that's why, people only use meme coins on the platform just for trades. as long as you can optimally analyze the market and see the opportunity there is still a chance to enter a certain coin, just enter and immediately TP when it is at a certain targeted price point. and when trading meme coins, we should really focus on the indicators, on the platform, in order to anticipate price movements that change very quickly. because indeed, the price changes of meme coins are very fast in the market. that's why if it's too late, it's hard to TP again.