Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: TomPluz on October 01, 2024, 04:23:51 AM
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I am not actually a hodler of this another memecoin but I just find it some kind of a cute one as it is inspired by a very famous baby hippopotamus living in Khao Kheow Open Zoo in Thailand. With her cuteness overload, Moo Deng (translation: bouncy pork) became an internet international sensation and then there are people who took on its potential as a memecoin. I am just hoping that the devs behind $MOODENG (https://coinmarketcap.com/currencies/moo-deng-solana/) would be donating some money for its upkeep or paid some licensing fee for the use of its name and images.
Would you be interested to invest with Moo Deng? Or is it already too late for you?
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In the past 10 days, its value was around 0.027$ each, and now it is around 0.18$ each, although its ATH reached is around 0.34$ each. So, for me, it's not worth it to invest there. Because those prices are very high, the chances are that many people will sell those coins little by little.
And that concept of moving the price in a short period of time, many investors often experience Fomo; maybe if I saw that it was 0.027$ and then the volume marketcap was 200 million$, I could have said that I would invest there, but no this time now.
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Would you be interested to invest with Moo Deng? Or is it already too late for you?
The problem with memes are they are inspired by animals and there's really no usecase in the case of Moodeng, those who invested in this meme have been inspired because of their familiarity with animal that inspired the meme. other than that, they are not bringing something useful to the community that will benefit the Crypto community; just like all the other memes, it will lose their value over time.
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Would you be interested to invest with Moo Deng? Or is it already too late for you?
The problem with memes are they are inspired by animals and there's really no usecase in the case of Moodeng, those who invested in this meme have been inspired because of their familiarity with animal that inspired the meme. other than that, they are not bringing something useful to the community that will benefit the Crypto community; just like all the other memes, it will lose their value over time.
It will spark like a wild fire, but then die down eventually, you are totally right. Just like the rest of them.
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Would you be interested to invest with Moo Deng? Or is it already too late for you?
The problem with memes are they are inspired by animals and there's really no usecase in the case of Moodeng, those who invested in this meme have been inspired because of their familiarity with animal that inspired the meme. other than that, they are not bringing something useful to the community that will benefit the Crypto community; just like all the other memes, it will lose their value over time.
I support 100% what you are saying kabayan, that is true. even then until now most of the meme coins in the crypto space have no use cases and these are the facts that most communities who enter this field of crypto do not see.
That's why wisdom is still needed in the selection of meme coins to buy to make it a long-term investment to provide profit in the future. That's why this obviously hyped mood is really the only one that can bring it down anytime in my opinion.
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The problem with memes are they are inspired by animals and there's really no usecase in the case of Moodeng, those who invested in this meme have been inspired because of their familiarity with animal that inspired the meme. other than that, they are not bringing something useful to the community that will benefit the crypto community; just like all the other memes, it will lose their value over time.
I agree with you. No matter how cute $MOODENG is, it is just another memecoin that is not actually bringing any innovation to the market and because of this once the popularity of it and its cuteness will fade then we can see the whole thing collapsing. As we already know, many new memecoins are just here to exploit the market and make big bucks in the process benefitting the people behind them and in many cases can left many innocent new investors with nothing but just figures in their wallets.
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Would you be interested to invest with Moo Deng? Or is it already too late for you?
The problem with memes are they are inspired by animals and there's really no usecase in the case of Moodeng, those who invested in this meme have been inspired because of their familiarity with animal that inspired the meme. other than that, they are not bringing something useful to the community that will benefit the Crypto community; just like all the other memes, it will lose their value over time.
I don't know if it's only me, but the Hippo is very CUTE!!!!!. :D
No wonder somebody created a token that named after the Hippo's name, and well, it's working pretty well... at least for now.
The only use-case of tokens like this is for investors to make profit. That's all I see on most of the meme coins out there. I agree with what you said though that meme coins like this will definitely lose its value over time, or I will not be surprised if the developers of this project decided to abandon the project. I just made a quick search, and it doesn't even have any official website as well. This is their page, but it isn't official and it's only a fan-page website: https://www.moodengsol.com/.
Overall, if you're an early buyer of this token, congratulations because you made huge money already. I guess it's time to say to yourself. Thank you, Next. :D