Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Pearl01 on November 21, 2024, 04:40:20 PM
-
DOGE and SHIBA Inu were the only two top meme coin in that past with strong user base when the meme coin sector was at it nascent stage.
Recently, a surge in adoption has started with meme coin total MCap tripling its figured to hit $130billion. A decent share of the market imho opinion.
This surge also translate how traders are now becoming more inclined to these token compare traditional alt coins. The potential huge gains in investing on meme coin is another factor albeit potential losses.
I am very skeptical about meme coin the impressive but taking advantage of one that have seen a decent retracement after a huge pump could be a smart since we are still in the bull run circle.
ARIE has me thinking here but a careful DCA would be smart with what I have left on Bingx since it got listed recently.
Do you think meme coin will out perform Alt coins and does meme coin has the potential to better alt coin total MCap?
-
Do you think meme coin will out perform Alt coins and does meme coin has the potential to better alt coin total MCap?
all of them? no
some of them? yes i think so now what do i mean by this? i don’t think a memecoin can surpass ethereum (an altcoin) but it doesn’t mean that a memecoin won’t be able to surpass any kind of altcoin there are many and even more memecoins so i won’t be surprised if memecoins continue to rise and gain popularity over the next few months
-
Meme coins are flooding the ecosystem that's what I've actually noticed. The fact is that it has literally become very easy to create profit driven meme coins at will only to pump them in attempt to make profit and then dump them once again. The fact is people aren't too impressed with meme coins pumping all of a sudden because they are more like anticipating that it would fall again probably to zero value quite soon.
Like I always say, liquidity moves the market and literally Most shillers and meme coin farmers look for tokens with a potential market cap and enough investors to pump it to a nice value.
-
Do you think meme coin will out perform Alt coins and does meme coin has the potential to better alt coin total MCap?
Meme coin could outperform some altcoins and not all altcoins can even come close to haven any good comparison to meme coins. A lot of potential altcoins like BNB, Solana and Ethereum are already good altcoins in the market and no meme coin can come close to outshining them in the market. Meme coins will add to the total market cap of the market but it’s no certainty that they can be a major player in contributing to increasing the total market cap of the altcoin market.
-
not all of them so it could hurt your funds instead if over diversification of your assets to all memecoins. since Doge and Shib are the top coins and we are still early in this bull season, its never too late to have these both but forget the rest.
potentially it could outperform some altcoins. i still can see altcoins that didn't climb a cent. but not every memecoins will reach its goal too. most of them will be just be the dump party for the developers collecting your coins.
-
Meme coins are known for their extreme volatility. Their value can skyrocket in a few hours but can quickly decline. This volatility makes them very risky investments, especially since their value often depends on general fashion and virality on social networks. Moreover, meme coins should not compete with altcoins because very few meme coins survive in the market and most meme coins die in the short term. A meme coin is more likely to improve in the long term than those that rely only on short term speculation. So a meme coin investment may make you wait a few years for profit.