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Messages - CryptoTalisman

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Meme Coins / Re: The Next BIG Meme On Solana Plutus

« on: March 23, 2024, 10:13:05 AM »

Quote from: Shariar Porosh on March 17, 2024, 03:03:22 PM

Plutus

The Next BIG Meme On Solana Plutus

"Prepare for the launch of the next big meme token, Plutus, on Solana! Led by a real team with a real project, we're geared up for fullsend to the top.
Stay tuned for presale announcements coming soon

Missed $Wif?
Missed $Bonk?
Missed $Bome?
Missed $Myro ?
Missed $Pepe?

$Plutus has arrived and ready to fullsend
RT&LIKE for bonuses PLUTUS IS WATCHING

Send Sol to: 2WEJdr8ExnUXmiWjmpHH5RJ51fNWmg9Qu8AocP5RG9Uk

Twitter/X: https://twitter.com/PlutusSol

Telegram: https://t.me/+lq_8zkA-Vv03MzRk

When is the presale going live? Also is the project team partnering with any CEX yet because i only utilize CEX to buy my crypto. Hopefully, the project gets to list on top exchanges like Bitget

Meme Coins / Re: IS BOME ABOUT TO BECOME THE KING OF SOLANA MEMECOINS?

« on: March 23, 2024, 09:42:22 AM »

Quote from: Fivestar4everMVP on March 16, 2024, 02:40:05 PM

Should I say that it's actually sometimes; very surprising how some meme coins come out of no where to get into the top 100 on coinmarketcap very easily, I personally have actually been following closely on some solana meme coins but how I am just learning about BOME today after Binance announced they are listing it is quite unfortunate.

I actually did a little research and discovered that BOME (book of meme) have actually been around for a while, I mean before Binance announced they are listing it on their spot market, the meme coin already had over 66,000 on chain holders, that's an impressive number and I am not surprised they managed to get Binance's attention.

Crypto currency investment is a really wild game to play, most especially, if your focus on a meme coins, you might be focused on one direction believing that meme is the next to blow, only to discover that out of no where, one will just come from behind and take the top position all of a sudden 😂.

Anyways, congratulations to those who have invested in BOME before it's uprise, I missed this one again, and hope I don't miss the next one 😊

To be honest, there are millions of memecoins emerging on a daily basis, while many of them are rugpulls, a decent amount of them are quite good and for someone willing to make a fortune from them, you will need to spread out your investment into at least 15 to 20 different kinds maybe a max of $50 each but it's NFA. Believe me, if you invest in memecoins in their early stages when there mcap is still below $500k, you have a great chance to win. Even if 8 out of 10 of them are rugpulls, 2 successful one is enough to take you to the next level in this game but finding this gem so early especially potential ones is the main problem especially if you are not into Defi properly. Solana is making wave right now and many projects built on it are capitalizing on it but not all of them are good. I made a decent amount on IQ50 and SLERF but made some losses on some others but the profits far outweigh the loss. Sometimes, i capitalize on early exchange listing to follow the ride also. Binance doesn't list memecoins on time hence you can't make money if you wait for Binance listing. I utilize Bitget, Gateio and MEXC to pick some of the memecoins am interested in if i missed it during presale or am completely unaware of the project but Bitget is better because they hardly list rugpulls unlike the others.

Cryptocurrency discussions / Re: Can governments crack down on crypto?

« on: March 22, 2024, 04:07:51 PM »

Quote from: KryptoBull on March 14, 2024, 03:34:54 AM

About 15 years ago, BTC was expected by Satoshi to become a currency, a crypto-currency, meaning that it could replace fiat in payments. Today, BTC itself and many other tokens are often seen as a store of value or financial instrument, their price appreciation brings profit to investors but that also means that fiat gradually depreciates against those tokens. Things get even more complicated when many people decide to store crypto like BTC, ETH and USDT instead of storing fiat because they believe that fiat is depreciating, while tokens will continue to appreciate.

This could really affect the role of fiat in the economy, undermining the economic control of governments through money printing. Depending on their perspective, different governments have different ways of behaving. The EU wants to regulate crypto so it has issued the MiCA law ^[1], while China wants to ban crypto ^[2]. The Nigerian government alone wants to have a whole drama related to crypto ^[3].

Recently, after blaming crypto for the devaluation of the naira currency, the Nigerian government banned all crypto exchanges in Nigeria ^[4]. In particular, the Nigerian government suspects that Binance is involved in a $26B illegal money flow that has negatively impacted the Nigerian economy. To address these suspicions, they have arrested two Binance executives and demanded information about Binance's users ^[5]. Binance has denied any wrongdoing and has called for the immediate release of its executives. The company is cooperating with the Nigerian authorities in their investigation ^[6].

This incident raises important questions about the regulation of crypto exchanges. Governments around the world are still grappling with how to best oversee these new and rapidly growing crypto companies. The Nigerian government's actions remind us of the potential for conflict between governments and crypto exchanges. I think Nigeria is just trying to suppress crypto with extreme and ill-advised behavior.

With its decentralized nature, crypto will continue to exist without the permission of governments. However, in order to develop and grow stronger, crypto also needs friendly access from governments around the world, otherwise things will become extremely complicated: when crypto trading and CEXs are banned, market liquidity will collapse, investors will not want to participate in the market, and the crypto market will lose potential investors and new money. DeFi and P2P can still exist, but the crypto market will not be able to develop as strongly as in countries that accept crypto.

Given the extreme actions and the state of the crypto market in countries like China and Nigeria, I am really worried that even though crypto cannot be destroyed, governments still have enough power to suppress and stifle its development in their countries. If this situation spreads to other countries and is imitated by other governments, things could be worse than we can imagine.

I hope that in the near future, major governments will soon accept crypto and issue a legal framework to manage and collect taxes on crypto income as a legitimate asset class. Extreme actions to attack the crypto market also need to be opposed and condemned by the crypto community.

I would like to know your views on the acts of repression of the crypto market:
Can crypto continue to thrive without the support of governments?
Do you think governments can suppress and restrain the crypto market with their power?
If you were the head of government, would you accept or reject the crypto opportunity for your country?
References:
[1] MiCA, EU’s Comprehensive New Crypto Regulation, Explained
[2] China Never Completely Banned Crypto
[3] An overview of cryptocurrency regulations in Nigeria
[4] Nigeria targets cryptocurrency in bid to end naira freefall
[5] Binance Executives’ Detention Could Spark Diplomatic Crisis in Nigeria
[6] Binance says it trained investigators in Nigeria under government cooperation
Note:
My opinion was posted first in that topic, on Bitcointalk
I leave the source link to avoid plagiarism accusation.
I excluded/ included minor things from an original thread ^{if necessary}.

There is a saying here in Nigeria that after God, Na government. It is true that crypto cannot be destroyed but what happens if the government frustrate all the participant and the community, my guess may not be correct but i assume that the issue of Binance with Nigeria government is slightly part of why the market is adjusting because there was a large cash outflow/withdrawal from Nigerian users who doesnt want to lose their funds. Just yesterday, OKX announced their exit from India market due to regulatory complaint isssues. You can remeber also that about 9 exchanges including Binance was delisted from the country few months ago. So i think the government have the power to bring crypto activity to the bearest minimum if most countries decides to ban it but with SEC approval of BTC spot ETF, i thought if that can happen because its also a losss for the countries. I think with time, crypto will become mainstream but more development still needs to evolve from the space and we must also try to eradicate adoption of all this shitcoin by some individuals and focus on asset class with utility and reak world use cases. POC, not all exchanges were banned in Nigeria because many other exchanges like Bitget, Bybit, Kucoin and OKX are still operating with their respective P2P working well.

Meme Coins / Memecoins over BTC; Don't tell me i'm crazy

« on: March 22, 2024, 02:48:19 PM »

I know many of you will want to come for my head but relax and take a chill pill. How many of you here since 2017 has made 7× ROI on BTC? Try to be honest. I know there are lots of rugpulls in memecoins world but just one can set you up. I invested $10 in a memecoin in 2019 that gave me $500 in 2021, imagine if I had invested $100.

I know memecoin has no utility and the rest of the story you want to tell me but what I care about is the money. Just recently after Solana Memecoins started trending and dominating the memecoin ecosystem, I took advantage to invest in some like BOME, IQ50 and SLERF and it was a banger. The best I have seen in several months and that has given me more confidence to go for memecoins over BTC anyday anytime kudos to Bitget for always coming through with a fresh project with great potential.

Which of the Solana trending memecoin has given you decent amount of ROI lately? Let's discuss here.

Meme Coins / What does your IQ says about you?

« on: March 18, 2024, 10:59:35 AM »

What does your IQ says about you?

I just came across a memecoin project talking about IQ. The bone of contention is that those that think moderately have higher chances of success than those that thinks too hard.

It's been all talks about Solana Memecoin in the last couple of weeks after $BOME had an incredible launch but seems attention has switched to $SNAP and IQ50.

$SNAP had a wonderful presale raising over 50k SOL and current holders exceeds 54k while on the other side IQ50 had no presale, no team and token strictly governed by community members, I have a feeling this gems could be centre of attraction in the memecoin ecosystem in coming days or weeks especially now that some top exchanges have already announced its listing.

Are you bullish on any of these two projects? Share your thoughts

Meme Coins / Re: Is Shiba Inu coin a good investment?

« on: March 17, 2024, 02:50:34 AM »

Quote from: Gideon99 on February 22, 2024, 10:13:11 AM

For my own review Shiba Inu is one of the most popular crypto, whether is a good investment is a matter of debate. Shiba Inu has a strong support community and has seen significant price appreciation in the past years, and there is no guarantee that the price will continue to rise. You can do your research more and drop it here. Have you been following the update on Shiba Inu?

A lot of people already made fortunes from Shiba and those old memecoins like Doge and FLOKI. Looking at their resilience during the bear market, you will easily know if they will stand the test of time. From my assessment, they will surely do but for investors looking to maximize their opportunities and profit, emerging new memecoin should be their priorities but of course with proper DYOR. Trending project like BOME, BRETT, GEC has strong futures potential to even outperform some of the above listed memecoins. Everyone saw what BOME has been doing in the market since launch. I didn't enter during pre-sale but I took advantage of Bitget early listing and it did 7× upon listing. With the token set to debut on Binance derivative market, lots of opportunities lies ahead.

Meme Coins / Re: Can a meme coin make you rich?

« on: March 17, 2024, 02:41:03 AM »

Quote from: vs2014 on January 24, 2024, 06:26:24 PM

Most new investors are tempted to buy memecoin with a small amount of money, because they believe that there will be more profit. A friend of mine told me there is a chance to get rich suddenly from meme coin. But i think it's just a fantasy because most memecoins don't last long in the market and most of them are scams. But everything is possible from the crypto market but some memecoins are really the best.

I think BTC has reached its peak again for this year 2024 and you could see the price action over the last one week. Many people are already taking out profits hence attention is given to memecoin ATM. I think those people always saying memecoin will drop to zero are still newbies and follow old trend. DOGE and FLOKI has been around for years and their mcap is far beyond most of the popular altcoins. SHIB, PEPE, BONK amongst many others also continues to soar in mcap solidifying the meme ecosystem. I believe you can easily get rich/rekt with memecoins especially new and emerging one because not all of them are created with good intentions but that depends on how you DYOR. I have a friend that got over $100k from the newly and trending memecoin $BOME by investing less than $3k during the pre-sale. I also managed to get $500 by investing $100 upon its listing on Bitget so I agree completely that memecoin can make someone rich overnight but their is also risk of losing it all.

Meme Coins / Re: Ethereum or Solana Memecoin? Which has more potential?

« on: March 16, 2024, 02:01:38 PM »

Quote from: AvatarSiri on March 16, 2024, 12:51:46 PM

Quote from: R100K-Martin-Lunger on March 15, 2024, 10:49:32 PM
Quote from: CryptoTalisman on March 12, 2024, 03:35:38 PM
No doubt memecoin has been among the major talking about since the turn of the year after recording massive cash inflow and mcap of top memecoins surpassing some popular altcoins. PEPE on Ethereum and BONK on Solana and several others has been gaining massively.

As the bullrun approaches, a lot of low cap memecoin could surface from no where to steal the show just like SHIB did few years back.

Most of this popular memecoin has done 5× to 8× in the last one month hence I feel it's a little bit late investing in them even though they still have significant potential. So I want to ask, which memecoin are you guys watching out for?

I agree, OP. Memecoins definitely have some potential. As for choosing between Ethereum and Solana, it's a tough call. ETH memecoins have the benefit of the network's great user base and many DeFi and NFT projects, giving better utility and potential for long-term gains. But the high fees can eat into your profits.
For SOL, the great speed and lower fees are plus points, but the user base is kinda small compared to ETH so it might not result in more traction. But you should definitely look into both PEPE and BONK. You cant really predict the next SHIB though. I mean, memcoins are more volatile than established altcoins, so you have to be prepared for anything.
Do you see what's happening with $BOME? It's on Solana. It'll get to binance soon, but those that got in on Bitget are now x7. Imo Solana seems to be leading the charge in terms of memecoins..

$BOME might easily flip BONK coz the traction the token is generating is crazy. Over $1.3B mcap and $1.7B trading volume in the last 24hrs. With the token debuting on Binance derivative market, the token could surge to $2B mcap in coming days. If this gem could achieve this incredible milestone in just 2 days, you might need to wonder what will happen in couple of months from here hence I think it's a token to hodl. In as much as SOL continue to gain massive adoption, projects on it will also continue to grow hence the future of BOME is great imo. BTW, I missed the early listing on Bitget but will wait for it to retrace to grab a bag as the token is smoky hot right now.

Nigerian Languages / Re: There are other reputable P2P platforms other than Binance

« on: March 16, 2024, 11:51:49 AM »

Quote from: MCcabe Rory on March 15, 2024, 04:58:05 PM

Quote from: EluguHcman on March 14, 2024, 02:07:18 PM
When you say we are sourcing for a reliable exchange Op it sounds like Binance exchange was the only exchange platform in used in our country here. No, let's be honest.

There has been lot of exchange platforms such as the Kucoin, OKX, ByBit and some other exchanges platforms in existence and being actively in used for our local trading.
Only that that Binance has got lot of influence to dominate globally not even just our localities.

So as our government has cut those of the investors who're Binance exchange users, I don't think it is being a big deal or being a frustrated nightmare of not being able to trade your fund on a P2P anymore.

True it's not been a big deal cos I think other platforms have stepped up. Personally I' saw someone recommending Bitget and I jumped on it. Done like 3 tx there and it's good. Their rate is decent. Add that to the platforms you mentioned. Then Nigerians are covered imo..

Am surprised to see many of y'all aren't even aware of Bitget that have been here for a while and need to wait for someone to recommend it to you. Really!! Not totally surprised though because treasures are always hidden. Abeg make una no too cast the CEX ooo before FG go dey look for them.

Meme Coins / Gecko Inu: Emerging narrative from AVAX.

« on: March 15, 2024, 03:25:12 PM »

Over the years, Ethereum memecoins has always taken the lead. In recent times, projects built on Solana has also seen significant success rate.

Although there are quite a few memecoin on AVAX chain but with no much to talk about hence the reason most people prefer memecoin on either Ethereum or Solana but seems there is a token poised to change the narrative.

Gecko Inu has been the talk of memecoin enthusiasts over the last couple of days and their has been significant inflow of cash in the project. With a current mcap slightly above $16M, the 24hrs trading volume has surged by nearly 1000% compared to the past 30 days solidifying investors interest in the project.

With over 9349 token holders already, 95% liquidity, 5% Airdrop to the community and a built-in burn strategy, buyback, staking initiative, the project seems a good prospect especially now that it's already getting the attention of top CEX to list it.

Do you think GEC can change the narrative in the AVAX ecosystem and compete with other projects on both Ethereum and Solana?

Meme Coins / Ethereum or Solana Memecoin? Which has more potential?

« on: March 12, 2024, 03:35:38 PM »

No doubt memecoin has been among the major talking about since the turn of the year after recording massive cash inflow and mcap of top memecoins surpassing some popular altcoins. PEPE on Ethereum and BONK on Solana and several others has been gaining massively.

As the bullrun approaches, a lot of low cap memecoin could surface from no where to steal the show just like SHIB did few years back.

Most of this popular memecoin has done 5× to 8× in the last one month hence I feel it's a little bit late investing in them even though they still have significant potential. So I want to ask, which memecoin are you guys watching out for?