Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: DAO Pilot on December 04, 2024, 05:28:56 PM
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Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits. This makes them appealing to speculators and traders seeking quick gains. How does this phenomenon work, and why doesn’t everyone profit from it?
A recent interview explored the latest trends in the meme coin market. One fascinating case was the emergence of several meme coins on the TON blockchain (The Open Network), which, according to participants, is experiencing record growth. Of particular note is the rise in mempads—platforms for launching meme coins—on TON, now numbering around 4–5. The interview highlighted GasPump as the first successful project, followed by Blum, which, as mentioned, is now accessible to a broader audience.
What Are Meme Coins?
Meme coins are cryptocurrencies often created as jokes, referencing popular internet memes, meme culture, or characters. Unlike Bitcoin or Ethereum, meme coins usually lack practical value or revolutionary technologies, serving primarily as entertainment and community engagement tools. However, their high volatility, support from major personalities, and active communities can lead to rapid price surges.
Examples of Popular Meme Coins:
Dogecoin (DOGE): The first and most well-known meme coin, initially launched as a joke but later adopted by fans.
Shiba Inu (SHIB): A token that “killed” Dogecoin in terms of growth.
Bonk (BONK): A phenomenon on Solana.
Pepe (PEPE): Inspired by the internet meme Pepe the Frog.
Statistics: Meme Coins on the Rise
In recent months, meme coins have been the stars of the cryptocurrency market. Their popularity is skyrocketing, as evidenced by impressive trading volumes and widespread discussion in the crypto community.
Recent Meme Coin Growth Examples:
Shrub (SHRUB): +113,335% growth in the last month.
Nutcoin (NUT): +3,876%.
Peanut the Squirrel (PNUT): +1,949%.
Bertram The Pomeranian (BERT): +1,608%.
Fartcoin (FARTCOIN): +947%.
These numbers are not just impressive—they illustrate how quickly meme coin prices can change. However, like in a casino where some win and others lose, such growth comes with high risks.
Why Are Meme Coins Popular?
Volatility: Meme coins can grow by 1,000% overnight, attracting short-term traders seeking quick wealth.
Cultural Phenomena: Meme coins often become part of internet culture, especially if supported by famous personalities like Elon Musk, a Dogecoin advocate.
Community: Active communities often back meme coins, driving liquidity and attracting new investors.
Trends: Social media trends frequently propel meme coins like Shiba Inu or Bonk into the spotlight.
How to Create a Meme Coin That Stands Out?
The key to success is identifying existing market narratives and creating a meme coin that resonates. For example:
Lambo Meme Coin: A coin inspired by the crypto community’s dream of buying Lamborghinis.
Pepe Meme Coin: Based on the beloved internet meme, Pepe the Frog.
By tapping into popular trends and memes, such projects can quickly attract attention, leaving the market to do the rest.
The Technology Behind Meme Coins
Ethereum (ETH):
Ethereum is the platform where most meme coins operate. It supports smart contracts and token creation via the ERC-20 standard. With decentralized exchanges (DEX) like Uniswap and Sushiswap, meme coins are widely accessible for trading.
Popular Meme Coins on Ethereum:
Shiba Inu (SHIB): Market cap around $6.5 billion.
Pepe (PEPE): Inspired by Pepe the Frog.
Pikachu Inu (PIKACHU): Grew by 1,285% in a month.
Ethereum Statistics:
Trading volume: $500M–$1.2B daily for SHIB and PEPE.
Total meme coins: Over 10,000.
Solana (SOL):
Known for its high throughput and low fees, Solana attracts creators aiming for cheap transactions.
Popular Meme Coins on Solana:
Bonk (BONK): A favorite among traders.
Pikachu Inu (PIKACHU): A trending token in the community.
Solana Statistics:
Trading volume: $50M–$100M daily for Bonk.
Total meme coins: Over 5,000.
TON (The Open Network):
Developed by Telegram, TON is gaining attention among crypto investors. It’s becoming a hub for meme coins, with growing popularity among Telegram users.
Popular Meme Coins on TON:
NikolAI (NIKO): Linked to Pavel Durov’s brother and artificial intelligence.
Amocucinare (AMORE): A rapidly growing meme coin in the TON ecosystem.
LAMBO (LAMBO): Inspired by Lamborghinis but humorously represents a hamster that couldn’t afford one.
TON Statistics:
Trading volume: $10M–$20M daily for NIKO and AMORE.
Total meme coins with market caps over $1M: Around 30.
Conclusion
Meme coins are undoubtedly one of the most volatile and speculative parts of the crypto market. While they can generate significant short-term profits, they also carry high risks. Comparing meme coins across Ethereum, Solana, and TON reveals unique advantages for each blockchain:
Ethereum: The most established and liquid platform with a vast ecosystem and strong exchange support.
Solana: Low fees and high speed make it attractive for projects like Bonk.
TON: Experiencing rapid growth in mempads and active projects like PocketFi, Blum, and LAMBO.
For those interested in understanding the meme coin market and its impact, the interview mentioned provides a detailed look at successful cases and potential risks for investors.
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I'm a little curious how you were able to put all this information together yeah they are scattered across the web but putting it together like this may be a little tasky based on my speculation. Anyways meme coins are evolving rapidly and it's even up to the extent that literally anyone can pick up some funds , pay a couple of few tech bros and developers and boom you have a meme coin on board.
The rate at which scam meme coins are all over the crypto space is because they are very easy to create these days. Infact I think the only thing that could probably be an issue after launching them is how to promote them so you get many people to invest in them besides the more adoption you have sitting, the higher the target liquidity to be swept.
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Excited things happening in the memecoin sector under the expanding cryptocurrency industry is not anymore surprising. With the introduction of DOGE many years, the fence has had been opened for an avalanche of projects of the same nature, supposedly just jokes but because we all want to earn money the fast as possible they are now the speculative tools many people are using to get rich and make it big in the industry. The joke is now a very serious way to create wealth though there can be some who might question this as just another Ponzi type of a scheme but if things can be effective we can be sure that there can be more and in this bullish season and into 2025 so might as well expect a bigger flood of new memecoins entering the market like the sky is the limit or...maybe the moon!
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- Honestly, the content creators on youtube who make videos about the top meme coins under Solana, Base, Ton, all the memes they say are their perception,
which at the same time they are also promoting because they themselves have a hold on the meme coins they mentioned.
Even low caps they make content because they have a hold on them, they use their platform for them even if the price of the meme coins they mention increases,
that's all. It's up to you whether you believe them.
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Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits.
This is the only benefit in which i always find out about memecoin to be used for an investment, they can quickly rise and at the same time fall to any length, if we can be among those to see a memecoin skyrocket overnight after placing our investment, then we are going to be more excited about them and want to do more, anyway, the opportunities are there as well as the risk for us to take altogether.
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There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
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There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet. investing on memecoins however has to be taken lightly.
not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
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Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits. This makes them appealing to speculators and traders seeking quick gains.
Long before cryptocurrency came to existence, people loves to do HYIP and MLM, It was an early-bird scenario where hype is the name of the game and people follow where the whales are putting their money.
These traders and developers transferred their activity to cryptocurrency because they knew speculators can manipulate the market because of its volatility, and those who have inside knowledge of the scheme can easily make money, and memes are the tools to create that hype for quick profit.
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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
I remember the recent Hawk Tuah coin that went up significantly a few minutes after it launched and after around 15-20 minutes, it dumped that hard that those who invested into it went all in and even invested their life savings, which is absolutely crazy, and now they're on the other side of their house thinking on why they did that thing. :D
That Hawk Tuah girl literally spitted on the thang on the investors of his coin... or did she create that coin at first place? Whatever the case is, this is the proof that meme coins can make somebody millionaire, but making more investors lose their money. Only few will become millionaire, but many will suffer by investing into these new meme coins. As much as possible, I want to avoid investing into new meme coins or if I will, I might spend a few bucks only.
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This is the only benefit in which i always find out about memecoin to be used for an investment, they can quickly rise and at the same time fall to any length, if we can be among those to see a memecoin skyrocket overnight after placing our investment, then we are going to be more excited about them and want to do more, anyway, the opportunities are there as well as the risk for us to take altogether.
interesting you say that because other investors will say that the worst thing about memecoins is that they are so volatile and have no real life purpose which not only risks them losing money but also ruins the image of cryptocurrency or altcoins and makes it seem like all cryptocurrency is as useless as most memecoins and is seen as a scam
but you are right it is an opportunity regardless and we should never let an opportunity go pass
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There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
Not even recovered at all.
Meme coins are coins where there is hype then everyone will start talking about it, even someone who doesn't know crypto starts to see the hype that is happening.
I can't deny that some people can get very extraordinary profits, but it's not for everyone, I mean it takes luck to get it all. I will not suggest and I will not forbid if someone is interested in memecoin, I just will remind them to always see the risks they will face.
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There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet. investing on memecoins however has to be taken lightly.
not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.
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There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet. investing on memecoins however has to be taken lightly.
not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.
In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.
So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
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There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet. investing on memecoins however has to be taken lightly.
not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.
In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.
So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
is there really a well versed investor in memecoins?
they sprout all o a sudden without anyone ever knowing it, you can only see them when the price has already rocketed to more than 500x over night. if you happen to actually see that coming every time, i thin you could be millionaire already without having to invest in BTC at all.
i tried buying some memecoin while it was new. i thought it would just be hyped and people will come to by them. didn't turned out right. ;D despite how long i have been in crypto, i am not well verse as i thought i am.
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In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.
So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.
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In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.
So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.
The market is already in the bull, no doubt about that, but there are still little profits to be made afterward by next year's bull run. It's all about having a good timing of when to sell "when there are profits in your invested altcoin" rather than waiting for a whole lot of profits, which may not be possible because we can't ascertain the ATH of the coin we hold for profits and when it will happen.
Having a little profit by next year's bull run is never a bad idea, to add it up to the amount someone is going to invest in the upcoming bearish market that will happen over in next two years
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In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.
So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.
Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.
Then while I'm doing this I'm also doing day trading in the spot and day trading in futures, and of course in futures you need proper self-control and discipline so that I can control my trading activity.
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If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.
The truth is most meme coins don't work hand in hand with the general market trend which could be either bullish or bearish. That's simply because of the nature of their liquidity. What I actually mean is a meme coin could be massively dumping when the general market trend is bullish for altcoins. Similarly it could be pumping when generally the market is bearish.
The direction of the trend for meme coins actually depends on when the liquidity is being increased or when liquidity is being pulled out of the market. And for meme coins their liquidity is tied to a small group of investors unlike bigger altcoins.
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Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.
A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.
I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.
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Actually memecoins has come of age, it has become the talk of the crypto community since the successful Dogecoin transformation, being considered as a joke, but became a notable investment hub for many people. As we speak, many genuine meme project has made a mark on the crypto market in recent time. The Tap to earn, and play to earn, has made huge impact to boost Meme coins Trades/investments opportunities, fortunately, many traders, investor has made big gains, and it may continue on this Frenzy in near future.
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Actually memecoins has come of age, it has become the talk of the crypto community since the successful Dogecoin transformation, being considered as a joke, but became a notable investment hub for many people. As we speak, many genuine meme project has made a mark on the crypto market in recent time. The Tap to earn, and play to earn, has made huge impact to boost Meme coins Trades/investments opportunities, fortunately, many traders, investor has made big gains, and it may continue on this Frenzy in near future.
- I think more investors will experience good profits from meme coins during this period, and there will be new ones that will surely be trending in the future before they are listed on the top exchanges. How many community investors have seen several meme coins that have been successful this year alone.
So, meaning majority of the crypto community are really something by next year and I am one of those who are expecting because I also hold several meme coins that are on the top listings in the market.
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Actually memecoins has come of age, it has become the talk of the crypto community since the successful Dogecoin transformation, being considered as a joke, but became a notable investment hub for many people. As we speak, many genuine meme project has made a mark on the crypto market in recent time. The Tap to earn, and play to earn, has made huge impact to boost Meme coins Trades/investments opportunities, fortunately, many traders, investor has made big gains, and it may continue on this Frenzy in near future.
Because we know how hype Doge used to be, when it was just a meme coin, then it made its holders suddenly rich due to the fantastic increase at that time. and this gave rise to more and more developers who made meme coins, with the same concept, hype, skyrocket overnight, then drop. most of the cycles are like this. and the turnover of money in meme coins is always high, the market cap is extraordinary if we look at it, now the problem is that there are also many who have played in meme coins and got high profits, and got rich overnight as the term. it's just that, this is not as easy as imagined. and many of them deliberately share on social media in order to attract the attention of beginners to put their money in certain meme coins, and this is all for profit only, who really cares about helping beginners get profits. and most beginners will become victims because they are only affected by Fomo from the hype of meme coins.
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We may be hearing more about the cryptocurrencies that skyrocket overnight, but we may not have the same feeds over the ones that plummet overnight, because people often tell others about what has helped them than what they have learned from, them not all information we get online are in full details, we shouldn't be too carried away by some of these, some would have made losses more than the profit they are making overnight, whereas it take time to see projects making this kind of performance.
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We may be hearing more about the cryptocurrencies that skyrocket overnight, but we may not have the same feeds over the ones that plummet overnight, because people often tell others about what has helped them than what they have learned from, them not all information we get online are in full details, we shouldn't be too carried away by some of these, some would have made losses more than the profit they are making overnight, whereas it take time to see projects making this kind of performance.
Actually, this often happens to meme coins that can rise by hundreds or even thousands of percent overnight. This is like skyrocketing right. It's just that not all meme coins work like that. That's why you really have to be careful in choosing meme coins. It depends on how hyped it is. It's difficult, because there is no definite formula for the rapid increase in the price of meme coins overnight. There are even some that skyrocket quickly in just a few hours. But usually meme coins like this will definitely drop unstoppably after going up, even in a period of 1 month as if they have been replaced and forgotten. This means it is very important to determine the right moment to buy and sell the coins. because this is very high risk
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Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits. This makes them appealing to speculators and traders seeking quick gains.
Long before cryptocurrency came to existence, people loves to do HYIP and MLM, It was an early-bird scenario where hype is the name of the game and people follow where the whales are putting their money.
These traders and developers transferred their activity to cryptocurrency because they knew speculators can manipulate the market because of its volatility, and those who have inside knowledge of the scheme can easily make money, and memes are the tools to create that hype for quick profit.
- I think that during the years 2015 up to 2018, these Hyip or Ponzi schemes were still quite rampant and because during these times, bitcoin and crypto were quite a hot trend or in the hot seat in the market, what the scammers did in MLM and HYIP was enter the field industry of the crypto space.
But all the MLM systems and HYIP/Ponzi schemes that entered here were also not successful and now I don't see or hear anything according
to the research I did on this matter.
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Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.
A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.
I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.
- You are absolutely right on this matter mate, in which I agreed so much, where we should really be able to properly manage our risk that we can face and we should also be able to choose wisely the crypto assets that we will buy and hold for the long-term.
Even me until now I still experience losses when I carry out my trading activity in futures but that's normal, as long as the important thing is that you recover your loss immediately and you should also know where to SL as well. Now if it comes to meme coins, you should really know how to manage risk, this is true.
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Good education... that's what happened, that memecoin currently tends to be used as a tool for making instant money in the short term... the most expected thing from speculators is, with a small investment, they hope to get a profit of 50 times to 100 times in a short time... that has indeed happened, but the ratio is very small....
The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.
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The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.
my rule is to always just find free airdrops for new memecoins rather than spend so much money because even if it does do well the volatility is so intense that the timing might be difficult to control and manage and i end up losing more than intended but if i only got the memecoins for free there is less regret and even less hesitance
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Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.
A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.
I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.
Actually, we no longer eliminate the occasional loss in case we have an investment that does not succeed in the long run, and we accept that because it is really part of the field we are in. And this is also one of the good attitudes that we have because we are aware of these situations.
We are no longer surprised by these things, as if inside our bodies physically we have good and bad bacteria, the same is true here in the crypto space
we are also part of, right?
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The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.
I've seen lots of meme coins being promoted on different social media platform, and some of them pumped after being promoted, but most ended up being a rug pull.
TBH, I'm trying to try my luck and invest in one of the meme coins that they will be promoting probably on Solana blockchain. I will only use an amount that I can afford to lose (probably around 20$), just to have the experience of investing into these meme coins. I haven't tried it yet, so I'm excited to do it. I know the risks especially of losing money, but... who cares. I just want to feel it. :D
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Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.
A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.
I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.
- Indeed, At least the important thing is that you learned from your experienced in the past and this is the big factor that helps you now, because you don't want to repeat that again and again. well, actually we all learned from the past.
The high risk volatility in meme coins is really something I can't deny if you do this in futures. Liquidity is very fast when you make a wrong position, because I've tried it, now if you have long-term holdings in meme coins, you can at least minimize the risk unlike taking risk in the derivatives trading.
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A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.
I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.
- Indeed, At least the important thing is that you learned from your experienced in the past and this is the big factor that helps you now, because you don't want to repeat that again and again. well, actually we all learned from the past.
The high risk volatility in meme coins is really something I can't deny if you do this in futures. Liquidity is very fast when you make a wrong position, because I've tried it, now if you have long-term holdings in meme coins, you can at least minimize the risk unlike taking risk in the derivatives trading.
Yes, it's true, experience is one of the best teachers, especially for ourselves and others. If we can learn from experience, at least we can be more careful in acting and can think a few times before. This will make us much better in the future. As long as it doesn't cause trauma, just be more careful and think more about the pros and cons properly.
Sometimes many people like this volatility and pump and dump pattern. It's just that they must be the ones who are very experienced. and can know more about how to make more money from meme coins. and they already understand the knowledge further.
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The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.
I've seen lots of meme coins being promoted on different social media platform, and some of them pumped after being promoted, but most ended up being a rug pull.
TBH, I'm trying to try my luck and invest in one of the meme coins that they will be promoting probably on Solana blockchain. I will only use an amount that I can afford to lose (probably around 20$), just to have the experience of investing into these meme coins. I haven't tried it yet, so I'm excited to do it. I know the risks especially of losing money, but... who cares. I just want to feel it. :D
As long as you know how much you can afford to lose on the investments you make in the meme coins you see or choose. There are others because it is very easy for them to invest but they are not ready to lose their capital.
That is why our other colleagues in this field always say that only invest what we can afford to lose, because if we cannot do this part, then you should not invest, otherwise it will be the same.,
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- Honestly, the content creators on youtube who make videos about the top meme coins under Solana, Base, Ton, all the memes they say are their perception,
which at the same time they are also promoting because they themselves have a hold on the meme coins they mentioned.
Even low caps they make content because they have a hold on them, they use their platform for them even if the price of the meme coins they mention increases,
that's all. It's up to you whether you believe them.
can be called a public lie for one meme coin that they publish, where in reality the price will be the opposite of what they promote during the introduction period, there have been several coin memes that did not meet expectations when the influencer broadcast the coin, we can call it an example of a hamster where this meme makes many airdrop players disappointed from the calculation to the price making them disappointed
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To be honest, my curiosity is now aroused about the possibility of investing in at least 5 memecoins whom I think will really be so big and can give me x10 ROI and even more. How I wish I would have a way to predict of what can be since I am really so poor in choosing a project so those I invested in the past ended up in the thrash. We always hear or read many success stories in memecoins and there is no avoiding that FOMO feeling since I am already years in this industry and I still have to create my wealth properly...oh well how I wish there is a "genie in the bottle" that can make my wish come true because otherwise I am afraid my getting into memecoins can be a nightmare afterwards and not that "skyrocketing" kind of thing.
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Beware of the kind of coins or tokens that skyrockets overnight, it may be a plan to lure investors into coming after them and later be on loss when they might have withdrew their own asset from the coin.
If we are looking for money does not mean we should also be losing them at the cause of getting them, hence we may have to intensify well our research on any crypto project before venturing into them.
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We may be hearing more about the cryptocurrencies that skyrocket overnight, but we may not have the same feeds over the ones that plummet overnight.
Meme coins skyrocketing all of a sudden is actually very possible. The advantage and yet disadvantage that mean coins do have is the nature of their liquidity being tied to a small set of investors this means that those particular investors have their ability to determine the market trend at any time that is basically the reason why most of their moves are sentimental.
The disadvantage of this is that the same way the market can skyrocket all of a sudden it can also dump all of a sudden too.
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To be honest, my curiosity is now aroused about the possibility of investing in at least 5 memecoins whom I think will really be so big and can give me x10 ROI and even more. How I wish I would have a way to predict of what can be since I am really so poor in choosing a project so those I invested in the past ended up in the thrash. We always hear or read many success stories in memecoins and there is no avoiding that FOMO feeling since I am already years in this industry and I still have to create my wealth properly...oh well how I wish there is a "genie in the bottle" that can make my wish come true because otherwise I am afraid my getting into memecoins can be a nightmare afterwards and not that "skyrocketing" kind of thing.
Just be smart about the investments we choose in meme coins, and make sure that the one we choose is among the top listed meme coins in the crypto market. And look at the accumulated marketcap and daily trade volume as well.
These are just basic criteria that I am saying that may be right for some and wrong for others, but still of course for me, the choice I am making is right.
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Just be smart about the investments we choose in meme coins, and make sure that the one we choose is among the top listed meme coins in the crypto market. And look at the accumulated marketcap and daily trade volume as well.
These are just basic criteria that I am saying that may be right for some and wrong for others, but still of course for me, the choice I am making is right.
It might be better to be more selective because memes can make someone suddenly rich and can also make them poor slowly even at once in a day. Yes, choosing a meme coin that already has a reputation and large capitalization and top rating on cmc is a safe step so as not to be too burdened with continuous investment estimates even though the initial plan is temporary but psychological pressure will be seen when the value of the word asset decreases.
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Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.
That's how the coin meme goes up quickly and down quickly too, if we are not careful and alert then the risk of loss is right before our eyes, actually investing in memes requires strong adrenaline so that it doesn't weaken easily if we are hit by fraud
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Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.
That's how the coin meme goes up quickly and down quickly too, if we are not careful and alert then the risk of loss is right before our eyes, actually investing in memes requires strong adrenaline so that it doesn't weaken easily if we are hit by fraud
The urge to buy meme coins is all about gambling, and if one is ready for that, they should also be willing to lose huge sums. Basically, wild swings in the price are not due to actual project developments but as a result of speculation among the community of users. That is why our policy requires involving only those persons whose emotions do not get the better of them and act impulsively. In my opinion, there are some meme coin projects that are willing to develop a working environment and others just want to enjoy the buzz. Since the opportunities are tempting, fitting for a company that is always seeking the next big thing, the experience is not always a good one if invested in without some amount of care.
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To be honest, my curiosity is now aroused about the possibility of investing in at least 5 memecoins whom I think will really be so big and can give me x10 ROI and even more. How I wish I would have a way to predict of what can be since I am really so poor in choosing a project so those I invested in the past ended up in the thrash. We always hear or read many success stories in memecoins and there is no avoiding that FOMO feeling since I am already years in this industry and I still have to create my wealth properly...oh well how I wish there is a "genie in the bottle" that can make my wish come true because otherwise I am afraid my getting into memecoins can be a nightmare afterwards and not that "skyrocketing" kind of thing.
I feel you on that matter dude, because I experienced that too and maybe the rest of us here do too, I very much relate to what you're saying. But now of course we're a bit more cautious because of the mistakes we've made and others have made that's why we're becoming more vigilant now unlike before.
That's why now my only basis for holding meme coins for the long-term are the old meme coins like Pepe, Shib and Doge, these three that I mentioned can be said to have been proven in this field of the crypto space.
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Everyone may desire to seek for an investment opportunity to make it in life, but we should be very careful of not involving ourself on what is not it, because many were out there making every possible attempt on scam and to see that they take in possession of what belongs to you, but we should not allow them, in doing so, we also should not be greedy in accepting offers that makes rich in cryptocurrency overnight, because such are mostly going to be scam.
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we also should not be greedy in accepting offers that makes rich in cryptocurrency overnight, because such are mostly going to be scam.
if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?
even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market
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Everyone may desire to seek for an investment opportunity to make it in life, but we should be very careful of not involving ourself on what is not it, because many were out there making every possible attempt on scam and to see that they take in possession of what belongs to you, but we should not allow them, in doing so, we also should not be greedy in accepting offers that makes rich in cryptocurrency overnight, because such are mostly going to be scam.
- No matter what aspect of business we are looking for, if we get caught up in greed, we will not finish right away. Most of the time, what usually happens here in the crypto industry is that many people are just carried away by those who are hyped on meme coins, so many also fall victim to fomo in the end.
Many times, some who have been in this industry for a long time have given reminders but many communities still do not learn from the mistakes of others, they have seen that they are wrong and they are still repeating them and that is what is sad.
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if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?
even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market
It's true that many investors see memecoins as a game of chance in a huge casino with millions of opportunities to get rich. Vitalik himself once called memecoins a casino and refused to support them in the Eth ecosystem.
It would be normal if investors only spent a few dozen USD to join the gamble for fun, but unfortunately, many people put 100% of their capital into these memecoins in this market with unreasonable expectations. I can't stop them; I just watch them to learn a lesson for myself: before wanting to make money, I need to keep my money away from memecoins.
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if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?
even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market
It's true that many investors see memecoins as a game of chance in a huge casino with millions of opportunities to get rich. Vitalik himself once called memecoins a casino and refused to support them in the Eth ecosystem.
It would be normal if investors only spent a few dozen USD to join the gamble for fun, but unfortunately, many people put 100% of their capital into these memecoins in this market with unreasonable expectations. I can't stop them; I just watch them to learn a lesson for myself: before wanting to make money, I need to keep my money away from memecoins.
To make a big profit in the 1/1000 meme coin, only a few meme diamonds skyrocket during the rest of the time it is a profit for the meme creator, while the investor becomes a victim.
I think there are many people who are fomo on memecoin, one of the influences is influencers who keep sharing profits in memecoin in a short time, you can see how influencers show off profits, so that memecoin goes up they sell when the price is high.
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I like the statement that OP wrote as below so I also often see our community on Telegram mentioning among them is BONK which is a hit coin on the Solana blockchain.
Examples of Popular Meme Coins:
Dogecoin (DOGE): The first and most well-known meme coin, initially launched as a joke but later adopted by fans.
Shiba Inu (SHIB): A token that “killed” Dogecoin in terms of growth.
Bonk (BONK): A phenomenon on Solana.
Pepe (PEPE): Inspired by the internet meme Pepe the Frog.
And in my community there are also some members who are very fanatical about the SHIBA coin because he has a statement that the features of the SHIBA coin are very many, he said.
I don't want to prioritize something called Meme coins because Meme coins are just for fun, nothing more than looking for something happy. If forced to invest and trade in Meme coins, I don't think I will do it.
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And in my community there are also some members who are very fanatical about the SHIBA coin because he has a statement that the features of the SHIBA coin are very many, he said.
I don't want to prioritize something called Meme coins because Meme coins are just for fun, nothing more than looking for something happy. If forced to invest and trade in Meme coins, I don't think I will do it.
And this really happened, and because of his decision, the negative effects of his decision really started to be felt, especially for developing countries. It is undeniable that Trump's influence is still very large and can no longer be controlled by mothers like this. So, this may happen to his music or other factors.
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if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?
even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market
It's true that many investors see memecoins as a game of chance in a huge casino with millions of opportunities to get rich. Vitalik himself once called memecoins a casino and refused to support them in the Eth ecosystem.
It would be normal if investors only spent a few dozen USD to join the gamble for fun, but unfortunately, many people put 100% of their capital into these memecoins in this market with unreasonable expectations. I can't stop them; I just watch them to learn a lesson for myself: before wanting to make money, I need to keep my money away from memecoins.
- Until now, it seems like the majority of investors still think that way about meme coins, that they still think of them as a game of chances. Especially if the marketing team of a meme coin being promoted is good at partnering with big investors who will support the meme coin.
And one of those that succeeded was Pepe, I remember when it was just starting pre-sales and many people hit the jackpot with this meme coin, but these styles of meme coins are actually rare. So extra caution is still needed.
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You are absolutely right on this matter mate, in which I agreed so much, where we should really be able to properly manage our risk that we can face and we should also be able to choose wisely the crypto assets that we will buy and hold for the long-term.
It may sound crazy to some users here but the truth is you can be over 80% certain of profit when working with meme coins in some cases. Now this is basically the reason you see Devs and insiders hardly lose in meme coin trading. Infact they make enough profit to actually continue launching newer ones.
Meme coins are an obvious game of liquidity. These insider's and Devs have the advantage of knowing the exact scheme and timing for these meme coins.
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Meme coins are an obvious game of liquidity. These insider's and Devs have the advantage of knowing the exact scheme and timing for these meme coins.
That's true, there is nothing more than what you have said, this insiders know about everything that is going on and one of the beauty in making an investment in any of these altcoins is that we must be able to arrive there early, so that one can buy at low and later sells high when the market pumps, but anyone that does not know about all these may only go into them with the hope of making profits and later turned to loss.
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That's true, there is nothing more than what you have said, this insiders know about everything that is going on and one of the beauty in making an investment in any of these altcoins is that we must be able to arrive there early, so that one can buy at low and later sells high when the market pumps, but anyone that does not know about all these may only go into them with the hope of making profits and later turned to loss.
Yes that's just the fact and it's one thing that most newbies hardly understand. If you check closely you will find out that most meme coins have a community where information about liquidating pull and plans are shared and these communities are usually private.
It's what most people usually refer to as insider info and it's how they execute the plans for their schemes. The problem is newbies believe the hypes are first hand information.
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The circulation for this Meme coin is like a Nuclear explosion that only takes a few minutes to rise so quickly.
The circulation of money in the Meme coin is also so very fast that in just one night its market cap can beat the top coins under the 200 Coinmarketcap ranking.
It is only natural that the Meme coin can explode its market cap because I see all the Whales joining in the Meme coin trade so that those who have capital are able to buy more and raise the price so that the market cap goes up.
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I advised that we should be careful with memecoins that rises overnight, they can impose a serious danger on us if invested before they can change pattern at any time and if we are not careful we may end up in loss, some investors do stay away from them except e have developed a significant boldness towards them before investing, most of them are with high tendency for risk and high return as well, which i think includes part of the reasons why some will invest or not.