Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: TomPluz on November 29, 2024, 05:23:23 AM
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I am just watching the memecoin sector of the cryptocurrency industry with some interest and a little bit of disdain all because while am so aware of the many risks associated with it am at the same time so enamored with the many successful investing stories of those who made it. This can be the reason why many of those who don't love memecoins are now reevaluating their stance to maybe accommodate some on their portfolio as we might see a memecoin boom alongside a strong alt season by 2025.
Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
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No particular criteria for it especially when you see one just rising more than 500x all of a sudden. It always make me think twice before and not even touching it in the end.
But there are top meme coins though. Binance categorised them in a rank by market cap which could be a good basis for investing. If an investor thinks it's still early to dive into it then why not?
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If I would have succeeded in picking memecoin winners, I would have told you but I don't. What I think works with memecoins is, put money in many and few should succeed.
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
there is no sure way to know honestly we could analyze a memecoin and on paper it might seem perfect but sometimes not so useful coins end up the ones becoming the most profitable for me looking for what seem to be the most popular alongside with good responsive team behind the project i also check social media platforms to see the chances of the project to turn out well
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
There's no one way to do it; even the most popular ones become shit memes in the end. Hampster, Xempire are just two, and there are projects that are out of investors radar but made waves in the market.
They say memes are like a box of chocolate; you never know what you're going to make, so I always advise my friends to not be too trusting and only invest what they can afford to lose, because investing in memes is full of uncertainty.
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
Is there really a surefire way to make sure that meme coins will actually have real potential in the future? It seems quite difficult, because so far, it's like how the project optimizes the role of the community and their promotion to be able to make the project more widely discussed, especially on social media such as Twitter and Telegram. Cz, the meme coins are also directly listed on any DEX and promise to be listed on the top exchange. Then, when one of the names is Binance and there is an announcement regarding its listing on Binance, then it will give the meme coin the ability to immediately skyrocket that high because of the hype. So with this, it's actually quite difficult to identify which meme coins can really go up that high later.
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
Is there really a surefire way to make sure that meme coins will actually have real potential in the future? It seems quite difficult, because so far, it's like how the project optimizes the role of the community and their promotion to be able to make the project more widely discussed, especially on social media such as Twitter and Telegram. Cz, the meme coins are also directly listed on any DEX and promise to be listed on the top exchange. Then, when one of the names is Binance and there is an announcement regarding its listing on Binance, then it will give the meme coin the ability to immediately skyrocket that high because of the hype. So with this, it's actually quite difficult to identify which meme coins can really go up that high later.
Doge has a real potential as we see it being used and held by many of us. It could really take time before some other memecoins find their usecase to it's users. Shib been trying to have something fun for it's users where they are developing Shibarium.
Most use case these meme coin developers found is the NFTs. It's not even worth it but the internet like memes. The whole internet is a contest of making memes.
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
It's hard to know which coins will be going to the top unless you will risk it all and hope for the best for it. It's like a ride or die with the coin and if it goes to the top then congratulations you probably x10 your money or more, or the coin will slowly vanish and die just like other projects out there. Same goes with meme coin.
I don't want to stress myself and pick which ones will be on the top a few years from now that's why I'm just focusing on those top coins, hold it and sell it when the right time comes. It's very stressful to spend some time researching and picking on projects out there only to find out that the project scammed the investors etc. I don't blame those investors that are risking their money investing into these new meme coins, but it isn't the perfect type of investment for me, and I'd rather go the less stressed and safer route which is to focus on top coins.
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- Like other commenters here, I can't say the criteria either, as long as I hunt for Solana meme coins that are in the top 5, as well as base tokens that are also top 5, and as for coinmarketcap and coingecko, at least the top 20 are what I base this on.
Though, of course, the risk doesn't disappear; it's already a given, so we should expect it. All we really need is to accept whatever can happen when we hold
the crypto assets we're going to buy.
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Since I am not very good at analyzing memecoins, the most common thing I do is buy top memecoins with small denominations.... it is more like casting a net in the ocean and hoping that one of the nets will get a profit of up to x10 which of course already covers the losses on the other failed nets... this method is indeed not recommended, but sometimes not taking risks is something unpleasant...
Why do I only have top meme coins, because there I also consider the medium term... top meme coins can be relied on for the medium term because they also have a large community... so the possibility of collapsing in a short time is very small.
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When it comes to memes knowing the right thread matters, plus if you are lucky enough then you get a tweet by Elon,you have to watch out for other factors like the communities of memes
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I can't answer this for sure, because we know that memecoin is full of risks, I even think it also depends on our luck when entering memecoin.
A few days ago I saw memecoin, but I didn't buy it, a few days later memecoin increased so significantly. Well, sometimes there is doubt when you want to buy memecoin, even though we are ready for the risk. So in general I am not sure how to do it.
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
Memecoins are just not something you can have a first hand information on or get a clue that they will do well all of a sudden after buying them. Most of the successful stories of people winning big in this Memecoins are people that are taking a lot of risk and trying to get every new coin that comes their way with little hype on them. Another reason could be the people behind those coins, having first hand information about those coins before they pump, I believe they have a community they get information from before buying those coins.
It is not always luck to come across the coins that will do 500x amongst a lift of more than 2000 coins all looking meme and are not making that bullish move when you buy them. There is more to what we are, and if you’re not in that circle or lucky, chances are that you won’t make it that big with meme, but you can always get your 1-100x if you keep trying everyone of them. So I don’t think there is any significant criteria that determines the meme coin to go for against 2025. Hype could help but I don’t really think it can be considered always.
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I think the best way in picking a memecoin to go for is by making research on them and know much about them, the information gathered from the search we conducted is going to help in many ways, though there is no permanent or sure result or expectation from any of the choices we make, we should know that they can make us proud as well as disappoints at any time, therefore we must also invest with care.
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I am just watching the memecoin sector of the cryptocurrency industry with some interest and a little bit of disdain all because while am so aware of the many risks associated with it am at the same time so enamored with the many successful investing stories of those who made it. This can be the reason why many of those who don't love memecoins are now reevaluating their stance to maybe accommodate some on their portfolio as we might see a memecoin boom alongside a strong alt season by 2025.
Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
Many people are really expecting that as we enter 2025, many things can happen that we don't expect, and if in the first quarter of 2025 the altcoins season happens, for sure there will be many meme coins that are facing this bull run for the first time with a high chance that their prices will rise in the crypto market.
Now, my only basis for the meme coins that I bought is that I only look at the marketcap, daily volume, and the companies that partnered with the meme coins.
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I am just watching the memecoin sector of the cryptocurrency industry with some interest and a little bit of disdain all because while am so aware of the many risks associated with it am at the same time so enamored with the many successful investing stories of those who made it. This can be the reason why many of those who don't love memecoins are now reevaluating their stance to maybe accommodate some on their portfolio as we might see a memecoin boom alongside a strong alt season by 2025.
Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
Picking a right meme coin is a very challenging task, most especially if you want to pick it from it's root.
By picking from its root, I mean, picking a meme coin and investing in it immediately it is created, this is possible with the help of platforms like Dexscreeener, dextools, Blumpad and other platforms where memecoins can easily be created and listed on the Decentralized exchange.
Picking and investing in a memecoin from any of the mentioned platforms above is the most profitable, but also the success rate is very low due to a significant high risk level.
99.9 percent of memecoins created newly usually fail, over 95 percent are outright scam created to scam/rugpull investors, while out of the remaining 4.9 percent, 99.9 percent don't make it to the hype level, which is one important factor that drives investment success in the meme coin.
Investing in memecoin from the root and coming out profitable is luck based, it's almost the same as gambling.
But if you want to play it safe with investing in meme coin, or let me just say, significantly reduce the risk of losing money in meme coin investment, it's better to go for memecoins that are already a success, or very close to being a success, this means, a memecoin that is already popular in the space..
Profit here may be small, but then, the chances of losing money is greatly reduced.
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Picking a right meme coin is a very challenging task, most especially if you want to pick it from it's root.
By picking from its root, I mean, picking a meme coin and investing in it immediately it is created, this is possible with the help of platforms like Dexscreeener, dextools, Blumpad and other platforms where memecoins can easily be created and listed on the Decentralized exchange.
Indeed, And even when it is a newly emerged meme coin, we cannot guess exactly whether the meme coin is one that will really explode or not. Moreover, even though we try to analyze the meme coin project, however, usually this is the same, almost similar. Yes, it's just a matter of which one is stronger for promotion and makes the meme coin become hype and attracts more people to buy. but still, this is not easy, we are just relying on luck, there is no benchmark that can help us 100% correctly choose a newly launched meme coin.
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Picking a memecoin winner for ourselves is a personal conviction
, if we think we already have enough information needed regarding the coin in question, how we were able to afford taking the risk on it, the research we have conducted as well as the way we wanted to make everything work out for us in a profitable manner, which may comprises of the strategy we are using over the investment and the duration, if we are more convinced about any coin, then we are going to take it and make investment on it after several considerations.
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It is definitely difficult to differentiate between good and bad coins in the case of Meme coins. The thing that I give the highest priority to is community support and team activity. It is better to choose coins for investment that have large community support and coins that have high trading transactions.
Meme coins are always risky, but if we invest in a new meme coin before the bull run, it can give good return at the same time it can also lose its value. If someone does not want to take risks, then I think the old coins are better, especially Dogecoin and Shib, both of which are promising. Also, many people are giving various positive opinions about Pepe and Bonk in the market, which will be able to give good results at some point. The number of new coins in the market will increase before the upcoming bull run, but before investing, investors should definitely invest after properly reviewing the risk-related issues, otherwise they will increase the possibility of loss.
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It is definitely difficult to differentiate between good and bad coins in the case of Meme coins. The thing that I give the highest priority to is community support and team activity. It is better to choose coins for investment that have large community support and coins that have high trading transactions.
Meme coins are always risky, but if we invest in a new meme coin before the bull run, it can give good return at the same time it can also lose its value. If someone does not want to take risks, then I think the old coins are better, especially Dogecoin and Shib, both of which are promising. Also, many people are giving various positive opinions about Pepe and Bonk in the market, which will be able to give good results at some point. The number of new coins in the market will increase before the upcoming bull run, but before investing, investors should definitely invest after properly reviewing the risk-related issues, otherwise they will increase the possibility of loss.
You know you have a point in what you say, and this is a good suggestion. Because honestly, it's very difficult to find and identify real potential meme coins in this era, it's easy to choose but difficult to determine whether its price will really increase in a short-period of time.
And what I noticed about the new meme coins that were successful is that the marketing strategy they did was good and they were able to immediately establish large communities on their social media platforms and their team management is also good at what they do as teamwork in promoting their meme coins.
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The crypto market is so filled with lots of coins that it becomes difficult to make the right choice while investing in a particular project, even when due research is made. For meme coins, they are not easy either. They are profiting if one makes the right choice at the very right time (probably before a bull run), otherwise, jumping in at it's very tip will lead to big losses. They are more risky, cause when there are no more/much interest in it, it dies off both I value and existence.
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The thing that I give the highest priority to is community support and team activity. It is better to choose coins for investment that have large community support and coins that have high trading transactions.
community is where memecoins are built off of without an established community they will not be able to flourish properly without a strong community there would not even be a project in the first place so it is important that the team keeps the community engaged
The number of new coins in the market will increase before the upcoming bull run, but before investing, investors should definitely invest after properly reviewing the risk-related issues, otherwise they will increase the possibility of loss.
we are already in the bull run mate but you are right that we will see more memecoins in the market as crypto continues to get even more popular
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Now, with thousands of choices available and with new ones sprouting like mushrooms in many platforms, how do you make sure that you are picking the memecoins that will make it to the top of the market?
Based on an overall or all round stat I think the success is usually calculated based on the distribution rate to the whole community or their farmers. Most times people tag meme coins as successful when they made a huge ton of profit from it and often times tag it unsuccessful when the lose from it or the distribution becomes highly uneven to their disadvantage.
Most of these coins have hidden communities too where decisions of how liquidity is manipulated and distributed is carried out which in turn affects distribution and overall performance.
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The crypto market is so filled with lots of coins that it becomes difficult to make the right choice while investing in a particular project, even when due research is made. For meme coins, they are not easy either. They are profiting if one makes the right choice at the very right time (probably before a bull run), otherwise, jumping in at it's very tip will lead to big losses. They are more risky, cause when there are no more/much interest in it, it dies off both I value and existence.
Doing research when it comes to meme coins is what I consider as useless because you can make research on 10 different meme coins, but the 11th one might be the one that's gonna pump and the other 10? Will go dump. If you know, you know.
With meme coins popping here and there, it's hard to pick which one will be the one that will make you the most profit because most of them might end up losing you money. Just recently, Elon Musk changed his name to Kekius Maximus, and there was this meme coin created. While many made money from it, many lost as well as we've seen a huge decline in just a span of hours. This is how risky meme coins is.
For me, investing into meme coins is gambling. It's a hit-or-miss.
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Most of the decisions we make were taken base on our abilities on how we could afford taking the risk in them, there is no any information that is so reliable that we don't get disappointed for any reason, but if we search about them and think they are good enough for our risk, we can make an investment and go for them without any second thought, if we cant take the risk, we shouldn't go for it.