Will We Ever See a Meme Coin with True Staying Power?

[robelneo]

The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?

In a highly volatile market and these memes are relying on hype and shilling with no solid use case I doubt if there are meme coins with staying power.
The popularity of the memes depends largely on the hype and support of the whales, its more like a follow-the-leader type of thing.
Investors are going from one meme to another and this is one big proof that no new memes will have staying power.

[TomPluz]

In a highly volatile market and these memes are relying on hype and shilling with no solid use case I doubt if there are meme coins with staying power. The popularity of the memes depends largely on the hype and support of the whales, its more like a follow-the-leader type of thing. Investors are going from one meme to another and this is one big proof that no new memes will have staying power.

I am sure that the only available use-case of most memecoins is making huge money for the people behind them and the people who are supporting them first...so if one wants to make gargantuan money with memecoins they must join even before the project is taking off the ground. The only problem is that there are so many of them and it can be a lot dizzying to select which one can be deserving of your money...so in the end it can all be based on luck. Hypes and exaggerations are all okay in pushing for memecoins...and because of this many of them will not last long in the market...why would they when their very foundation is not concrete? So people are jumping from one memecoin to another in the search for one that can change their financial situations.

[ajiz138]

The whole crypto market's been pretty volatile lately. Most people are jumping on the meme coin train, with celebrities hawking their own tokens left and right. It's all about that quick cash grab, but have you seen how many of these memes dump once launched? People get stuck holding the bag, hard. So, the question is, could there actually be a meme coin with staying power, like the Dogecoin or Shiba Inu? And what's your advice when considering joining one?

In a highly volatile market and these memes are relying on hype and shilling with no solid use case I doubt if there are meme coins with staying power.
The popularity of the memes depends largely on the hype and support of the whales, its more like a follow-the-leader type of thing.
Investors are going from one meme to another and this is one big proof that no new memes will have staying power.

Agree with you, maybe there are some of them that can survive, but it is a very small number and can be counted compared to the number of new meme coins that are born. Almost every day there are always memes born.

Meme coin investors are also usually only there for a short time. Just to make a profit and they switch to another meme coin to do the same thing again. And so on.

So to answer this question is quite easy for me, namely that there are no or very rare memecoins that can survive.