Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Topic started by: Stompix on February 15, 2025, 01:03:11 PM
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Yeah, a meme coin for everyone, each guy having his won meme coin.
Then everyone's pet, then every merchant, every brand, then every book, every character, every movie, every recipe, everything.
In December we had 2.4 million meme coins on Solana.
The growth since the Trump meme coin has been at over 300 000 a week, the pace is actually increasing
I wonder how much worse things can get than that:
-A guy issued 18 000 meme coins alone
-There are 21 tokens launched each minute on pumpfun
-Out of the last 100 000 meme coins launched 93,591 ceased to be traded in less than 7 days while only 720 had at least one trade over 28 days since launch.
Don't you think this madness must stop now? Or at least tomorrow?
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Yeah, a meme coin for everyone, each guy having his won meme coin.
Then everyone's pet, then every merchant, every brand, then every book, every character, every movie, every recipe, everything.
In December we had 2.4 million meme coins on Solana.
The growth since the Trump meme coin has been at over 300 000 a week, the pace is actually increasing
I wonder how much worse things can get than that:
-A guy issued 18 000 meme coins alone
-There are 21 tokens launched each minute on pumpfun
-Out of the last 100 000 meme coins launched 93,591 ceased to be traded in less than 7 days while only 720 had at least one trade over 28 days since launch.
Don't you think this madness must stop now? Or at least tomorrow?
- I think it's not that easy to lose, because there are still so many crypto communities that are enjoying meme coins. Because there are many crypto enthusiasts who get rich in just one day, particularly on the pump.fun platform or under the solana network.
If I were just a seasoned meme coin hunter, I would probably be one of the ones who got rich in the crypto space that we are living in now. Because other meme coin developers who don't stop creating are really making a big profit from it.
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Because there are many crypto enthusiasts who get rich in just one day, particularly on the pump.fun platform or under the solana network.
Where does that money that makes them rich come from?
From people buying worthless meme coins, it's a closed circle, this is not a company that spends money to create goods, you have people investing 100 million and people getting 100 million for the coins they sell, as more and more money gets pulled out you need constant influx, from where?
For every lambo someone buys with profits from meme coins someone must end up with $300k coins that turned out to be worthless, how can ponzi schemes like this keep going and for how long?
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There is no way for the regulators to stop this memecoin flood while newcomers in crypto is enjoying the timing when they get to make money.
They may not be able to stop it because if the regulators stops them, they would have to also make Trump coin stop which is the mother of it all. And there's also Melania coin. Those meme coins created almost everyday might just continue until people will no long look at memecoins anymore, it will take years and maybe after Trump's time.
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Yeah, a meme coin for everyone, each guy having his won meme coin.
Then everyone's pet, then every merchant, every brand, then every book, every character, every movie, every recipe, everything.
In December we had 2.4 million meme coins on Solana.
The growth since the Trump meme coin has been at over 300 000 a week, the pace is actually increasing
I wonder how much worse things can get than that:
-A guy issued 18 000 meme coins alone
-There are 21 tokens launched each minute on pumpfun
-Out of the last 100 000 meme coins launched 93,591 ceased to be traded in less than 7 days while only 720 had at least one trade over 28 days since launch.
Don't you think this madness must stop now? Or at least tomorrow?
It is because there is no cognitive regulation that binds the people from creating repeated crypto projects, that is why you can discover someone just done with scamming people and still goes ahead in creating another version of a scam project to continue from where he stopped, all these are being possible because of the lack in moderation and regulation, which I believe is still part of what crypto stands for, decentralization and freedom, but we must be wise enough not to be fooled by these memecoins.
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There is no way for the regulators to stop this memecoin flood while newcomers in crypto is enjoying the timing when they get to make money.
You can stop it by demanding that exchanges are held responsible for all the crap they list and push on users.
Then you prosecute scammers and pump and dumpers like hawk tuah and Trump.
Freedom and decentralization don't mean wild wet territory where everyone can promote every scam.
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I think enjoying the time becomes mandatory when newbies in crypto can make money. The crypto world doesn't run on my funds or my ideas so I can't shut it down even if i want to but i will give people an idea of how harmful is meme coin. But if people are not towards meme coin then its fomo and journey will slowly end. If one people makes big money from meme coin then ten people will follow him. Since it plays with your luck like gambling so everyone will want to change their luck which is why they invest in meme coin.
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I guess in essence, I'm the same as everyone else.
Meme coins for me -> high risks -> high returns.
It only depends on how brave we are to take steps in meme coins and how good our considerations and analysis are in that, that will give us a better chance of getting much higher profits or gains from meme coins.
But once again, that is high risks, yes very risky, because once we are late for the moment, then it will all be in vain and will actually make us lose our money again.
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There is no way for the regulators to stop this memecoin flood while newcomers in crypto is enjoying the timing when they get to make money.
You can stop it by demanding that exchanges are held responsible for all the crap they list and push on users.
Then you prosecute scammers and pump and dumpers like hawk tuah and Trump.
Freedom and decentralization don't mean wild wet territory where everyone can promote every scam.
Wild and Wet that's the case now because Trump started it and when government starts prosecuting exchanges, they have to do it all the exchanges not just to one exchange. And probably, Doge will also be prosecuted which I'm not sure if they could still consider it a memecoin, there is a Doge ETF coming already.
Dexscreener seem to be the one who have been adding a lot of these memes but how much volume do they have compare to the major exchanges.
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Don't you think this madness must stop now? Or at least tomorrow?
No, the madness will never stop instead it will even increase more and more this 2025. Well, it would be a lot easier to launch a memecoin than to establish a more serious project hence we are seeing a big boom in new memecoins in the market and with the potential to rake in millions the attraction is really great. Everyone is throwing mud on the wall to see which will stick...or will make some success in the market. Now, on the other side of the coin, we are destined to see many dead memecoins a month from now and a year from now almost all the new memecoins we saw this time around will be forgotten and be buried 6 six under the ground. Such an avalanche of memecoins can never be absorb by the market...for sure! This really means we should be careful of the project we are investing and support with...as losing money here is now very much magnified.
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I feel the same anxiety... can't this be regulated more strictly? Cryptocurrency is now flooded with new coins that are not even worth anything... every coin creation is meant to gain community instantly... yes, the quantity is high, but the quality is zero... if I had the power to stop the creation of meme coins without a use case, I would do it right now... competing to create memecoins and show off their achievements until they don't realize that their actions are hated by others...
Initially I thought when Trump was in the white house, he would sanction low-quality token creators in the cryptocurrency world... yes maybe he can't regulate directly, but putting pressure on those who are still stubborn is enough to be said as a good effort IMO... but instead he created a new meme...
This is like gambling, addictive for anyone who wins the pump moment... and makes everyone who hasn't won always curious about the secret behind it so they try again and again... please stop this as soon as possible :(
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how can ponzi schemes like this keep going and for how long?
until people are still profiting from it
a lot of us have shared bad experiences with memecoins and airdrops and whatnot and a lot of us have vowed not to involve ourselves with this kind of projects anymore but honestly there are still the rare ones who make actual good money from these memecoins yes it is not sustainable but it works for them so they will keep going and their stories fuel other people's hopes hence why they keep trying no matter how pointless it all seems to be
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Following the $107M rugpull by Libra token, because of the endorsement of President Melei of Argentina the token price fly which in some report he is now facing impeachment trial for it.
This celebrity endorsed memecoins are going to keep launching until I guess the government prosecutes Trump for being a memecoin owner as well which it could happen after his term. Meaning there's 4 more years these shit show.
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Meme tokens are created because there are people who snipe each token that appears in hopes of making profits, if these people would stop doing so then this meme token creators will stop creating tokens as well.
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Lol, it is crazy, everyone wants to launch a memecoin and make money from gullible people who would buy it. Some people will argue that few people still make money from memcoins, but that is if somehow the memcoin gets hyped up and they buy early, they will take the money of others and leave them with a dead coin. I agree that stuffs like this should be regulated, even the president got in on the act, lol.
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Lol, it is crazy, everyone wants to launch a memecoin and make money from gullible people who would buy it. Some people will argue that few people still make money from memcoins, but that is if somehow the memcoin gets hyped up and they buy early, they will take the money of others and leave them with a dead coin. I agree that stuffs like this should be regulated, even the president got in on the act, lol.
When there's profit to be made, people will also be there. It only becomes a problem when a big investor with friends in Senate is among those who lost money. That's when they take action.
Its still a wild west in crypto after years and we thought there have been regulations already because there are cryptocurrencies being approved on their ETFs. These memecoin rugpulls proves there is no clear regulations.
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Don't you think this madness must stop now? Or at least tomorrow?
This is the reason why there's not that much liquidity going on to those top tokens out there.
Most of the investors are thinking of a quick profit hence, investing into meme coins particularly the newly created ones.
This will only stop when pump.fun will disappear. I mean most of the meme coins are being created under Solana, and if that website goes down, it might create a domino effect towards meme coins therefore, investors will go back and invest into top coins again. This is just a theory though, and we don't even know if pump.fun will disappear in the foreseeable future.
This madness must stop, but the reason is HOW?? How can you stop those investors who have the mindset of "quick-rich profit"? How can you stop these investors from putting their hard-earned money into new meme coins? How can you stop these investors from these madness? That's the question that nobody can answer.
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In December we had 2.4 million meme coins on Solana.
Are you sure about this number? I don't know, maybe there is a typo because it is hard for me to believe that this number exists on the Solana network alone.
Anyway, regardless of whether this number is correct or not, but of course I agree with you that the situation has really become unbearable, especially for meme coins. It has become out of control and meme coins are being created daily by the thousands without a goal, project or value, and the worst thing is that celebrities and presidents have been involved in this madness.
In addition to causing losses to millions of users, it also causes liquidity withdrawal from Bitcoin and strong projects. This is like a deadly cancer that has spread in the body of crypto that may eventually cause its death if the regulations controlling this madness are not put in place.
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In December we had 2.4 million meme coins on Solana.
Are you sure about this number? I don't know, maybe there is a typo because it is hard for me to believe that this number exists on the Solana network alone.
Yes, and that's December numbers.
People have identified full farms that are printing tokens each hour, there was the talk about a single person who created more than 16 000 meme coins alone , the numbers are real, everyone is minting coins like it's no tomorrow, and the math is simple, they spent 10$ to create something that might earn them at least $10 at least so it's profitable when multiplying them by the thousands not even mentioning if it's a real hit.
This celebrity endorsed memecoins are going to keep launching until I guess the government prosecutes Trump for being a memecoin owner as well which it could happen after his term. Meaning there's 4 more years these shit show.
Well, people wanted Gary gone, now enjoy the shitshow called freedom!
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Yes, and that's December numbers.
People have identified full farms that are printing tokens each hour, there was the talk about a single person who created more than 16 000 meme coins alone , the numbers are real, everyone is minting coins like it's no tomorrow, and the math is simple, they spent 10$ to create something that might earn them at least $10 at least so it's profitable when multiplying them by the thousands not even mentioning if it's a real hit.
This number is really scary it shocked me, I was even more shocked when I looked at the total number of coins on CoinMarket which is now 11.67M and this number is constantly increasing.
This is really crazy, there must be an international body or organization responsible for regulating this madness otherwise this will get out of control and could threaten the entire crypto market.
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Yeah, a meme coin for everyone, each guy having his won meme coin.
Then everyone's pet, then every merchant, every brand, then every book, every character, every movie, every recipe, everything.
In December we had 2.4 million meme coins on Solana.
The growth since the Trump meme coin has been at over 300 000 a week, the pace is actually increasing
I wonder how much worse things can get than that:
-A guy issued 18 000 meme coins alone
-There are 21 tokens launched each minute on pumpfun
-Out of the last 100 000 meme coins launched 93,591 ceased to be traded in less than 7 days while only 720 had at least one trade over 28 days since launch.
Don't you think this madness must stop now? Or at least tomorrow?
These numbers are really new and awesome too haha as people are not giving up I am not used to trade in memecoins especially on Sol network but still people are giving their best to create memecoins so they could get some big investment from some big invesor who is also trying to find the next big gem.
I don't know if that's the right approach but I do know this is the dumbest approach ever I saw. This has more chance of making lose than profit. Therefore we should stop the madness but still it is doing no harm to us because the trading events are too low for a single month.
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Meme coins will be like something that is mushrooming and growing very quickly, every day. And meme coins can be a source of wealth as well as a source of great loss. yes, the point is, meme coins are high risk, high gain probability. Because indeed, many people invest in meme coins and experience very large losses. but on the other hand there are many people who also get very high gains or profits from meme coins. so, what does it all depend on? Yes, it depends on each individual in investing it.
Don't you think this madness must stop now? Or at least tomorrow?
I don't think it will stop now or tomorrow or some time in the future. because meme coins are a very promising business. for developers and their teams, this is a very good field of profit. and unfortunately, there are still many people who are interested in investing in emme coins in any way.
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This is really crazy, there must be an international body or organization responsible for regulating this madness otherwise this will get out of control and could threaten the entire crypto market.
Well, we had a true Bitcoin maxi in charge of the SEC, but people wanted him gone because he tried to actually apply the law, now as I said before , enjoy the rug pulls and sams with no one thrown in jail as crypto becomes a joke on the international scene.
The US president pulled a rugpull scam, the Argentinian president did one, thousands of influencers and celebrities did the same, nobody is to blame and outside the crypto dedicated forums, everyone that was neutral now sees crypto like a scam as we have returned to 2011 with these morons.
People were cheering the meme coins effect on Solana, how does it look now?
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Don't you think this madness must stop now? Or at least tomorrow?
This is pure madness and it doesn't stop now as people enjoy spending or you can say losing money on those meme coins and scammers are really the ones making money from the meme coin market.
The scammers and also those greedy influencers are making thousands of dollars per day from Solana based meme coins and they promote those coins crazily.
I believe the best we can do is to avoid those coins and not even look at the meme coin market.
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Don't you think this madness must stop now? Or at least tomorrow?
This is pure madness and it doesn't stop now as people enjoy spending or you can say losing money on those meme coins and scammers are really the ones making money from the meme coin market.
The scammers and also those greedy influencers are making thousands of dollars per day from Solana based meme coins and they promote those coins crazily.
I believe the best we can do is to avoid those coins and not even look at the meme coin market.
It seems quite difficult to stop meme coins as long as this is still the hype of the season. Since the success of Doge, fans of meme coins are still very much, and the hype about meme coins has not subsided until now. Even Trump also issued his own official meme coin. This proves that the hype and people's liking for meme cons are still quite high. and this will be quite difficult to stop. because for some people, meme coins are a project that makes money very quickly. although on the other hand, there are also many people who lose because of meme coins. so, we just have to decide which side we want to be on, or neutral by not getting involved in the meme coins.
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Even Trump also issued his own official meme coin. This proves that the hype and people's liking for meme cons are still quite high.
With Solana losing 30% of its value in one month of raging meme season and meme coins getting trashed one after the other, wherein the popularity if prices go down?
Price going down means less demand which means less popularity!
so, we just have to decide which side we want to be on, or neutral by not getting involved in the meme coins.
So, a choice of being either a drug lord or a drug addict?
Funny how people were so against companies and stock market and banks before while saying that we should trust Bitcoin because it's decentralized it's not run by anyone and so on and now it's all about DYOR.
I'm seriously wondering how can someone who defends meme coins say anything bad about fiat.
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It seems quite difficult to stop meme coins as long as this is still the hype of the season. Since the success of Doge, fans of meme coins are still very much, and the hype about meme coins has not subsided until now. Even Trump also issued his own official meme coin. This proves that the hype and people's liking for meme cons are still quite high. and this will be quite difficult to stop. because for some people, meme coins are a project that makes money very quickly. although on the other hand, there are also many people who lose because of meme coins. so, we just have to decide which side we want to be on, or neutral by not getting involved in the meme coins.
There will be no stopping memes, as long as they are still in the market and there are still fans who always invest, then they will always exist even though in one day there will be many new memes.
Not to mention if we talk about hype, I'm sure there will be a time when memecoin becomes a hype again. It can't be denied because what we saw before was also the same and it repeats itself.
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Yeah, a meme coin for everyone, each guy having his won meme coin.
Then everyone's pet, then every merchant, every brand, then every book, every character, every movie, every recipe, everything.
In December we had 2.4 million meme coins on Solana.
The growth since the Trump meme coin has been at over 300 000 a week, the pace is actually increasing
I wonder how much worse things can get than that:
-A guy issued 18 000 meme coins alone
-There are 21 tokens launched each minute on pumpfun
-Out of the last 100 000 meme coins launched 93,591 ceased to be traded in less than 7 days while only 720 had at least one trade over 28 days since launch.
Don't you think this madness must stop now? Or at least tomorrow?
It may take a long time for this madness, as you mentioned to stop. The sooner many of this newbies investor realizes the implications and the massive risk that are associated with meme investments, the better for them and the community.
You see, there are many investors, especially newbies who will not ask questions before embarking on investing on these pump and dump memecoins scheme. I think that many of them don't even listen to advice, it is a pity that many will fall into this memecoins traps because many of them think it is the easiest way to make quick profit.