What do you know about community driven memes?

[Gem hound]

Nothing catches my eyes more than a community driven memecoin and at the same time nothing disappoints me more when those memecoins forget their community. Still, it's always something that attracts me especially if it is gaining quite a bit of traction. I saw one a few days ago named ELIZA I don't have much info about it but PNUT has made me not overlook any memecoin that a lot of people are shilling on X, lol. Still, the memecoin seems to be gaining a lot of popularity so I just wanted to table it now, do you guys know about this coin and what do you think about it? Hopefully we can all learn from those with insights, TQ

[Mia Chloe]

Nothing catches my eyes more than a community driven memecoin and at the same time nothing disappoints me more when those memecoins forget their community. Still, it's always something that attracts me especially if it is gaining quite a bit of traction.

Meme coins are literally just an extension of first hand hype. Most meme coins out there are given a first hand hype where many investors then rush into purchasing the coin and increasing its market cap. With time once the major investors are off the market the coins or token begin to lose value gradually and sometimes the market cap goes down to literally zero.

PNUT as well as other meme coins that are pumping right now might just be an example of the first hand hype I'm referring to. The idea is to give such tokens time and see the results that turn out in the end.

[TomPluz]

One thing for sure if you got some money and not much that can make you a millionaire investing with Bitcoin, you can insted go for memecoins that might jump on the market like a squirrel named $PNUT. With small investments, one can surely reap the financial rewards, that is if you happen to get into a memecoin that will really explode all over. The problem is that there are so many new memecoins being introduced everyday and it can be so difficult to know and analyze which of all these community-driven memecoins will top the chart. However, for some, it can be worth the risks and and I bow my respect to them. Good luck to $ELIZA...which can be named after my neighbor (haha).

[Gurujebs]

Nothing catches my eyes more than a community driven memecoin and at the same time nothing disappoints me more when those memecoins forget their community. Still, it's always something that attracts me especially if it is gaining quite a bit of traction. I saw one a few days ago named ELIZA I don't have much info about it but PNUT has made me not overlook any memecoin that a lot of people are shilling on X, lol. Still, the memecoin seems to be gaining a lot of popularity so I just wanted to table it now, do you guys know about this coin and what do you think about it? Hopefully we can all learn from those with insights, TQ

Binance are just players in this market and hence the more run in the meme ecosystem. With all the coins that developers are trying to build everyday to make it more optimize and relatable to finance, they ignore other projects and listed Pnut and now if you go to Dex screener, new meme coins are launched every day without any form of utility.

I don't do meme and in happy my greed has made me cut my ways but if you are looking for a manipulated coins, meme coins are the best thing you will want to buy and hold, if you are lucky, you might be that one guy

[ajiz138]

One thing for sure if you got some money and not much that can make you a millionaire investing with Bitcoin, you can insted go for memecoins that might jump on the market like a squirrel named $PNUT. With small investments, one can surely reap the financial rewards, that is if you happen to get into a memecoin that will really explode all over. The problem is that there are so many new memecoins being introduced everyday and it can be so difficult to know and analyze which of all these community-driven memecoins will top the chart. However, for some, it can be worth the risks and and I bow my respect to them. Good luck to $ELIZA...which can be named after my neighbor (haha).

It's not that easy, because the existence of memecoins that can provide big profits is very small compared to the memecoins that are currently circulating in the market.

We have to analyze in depth, and sometimes it won't work either. Memecoins are a very high-risk investment, because the risk is that we will really lose money. Don't just because you see one memecoin soar, we think this is easy.

[yhiaali3]

I don't trust meme coins that are promoted through the community or through social media such as X or Telegram.

Usually, the community is greatly influenced by celebrities and influencers and they easily follow them without any deep research, so they often fall victim to fraudulent projects promoted on social media.

For example, a meme appeared a while ago, called water, as I remember, and it was said that Lionel Messi was promoting it, and it caused a huge uproar and its price rose significantly, then it turned out to be false and it began to fade away.

[gunhell16]

I don't trust meme coins that are promoted through the community or through social media such as X or Telegram.

Usually, the community is greatly influenced by celebrities and influencers and they easily follow them without any deep research, so they often fall victim to fraudulent projects promoted on social media.

For example, a meme appeared a while ago, called water, as I remember, and it was said that Lionel Messi was promoting it, and it caused a huge uproar and its price rose significantly, then it turned out to be false and it began to fade away.

But admit it or not, there have been successful meme coins, even if they were driven by communities because many believed in meme coins. That's not what happened with Dogecoin if I'm not mistaken.

Especially this year alone, many meme coins have succeeded in the market, and recently, just last week, chillguy also pnut immediately increased their prices in the market. So those who bought them cheaply are lucky.

[_act_]

Nothing catches my eyes more than a community driven memecoin and at the same time nothing disappoints me more when those memecoins forget their community.

When we are considering memecoins, then we must also considers the usefulness of them as well as the way they can set one on high risk of no return, and that is why it is mostly expected that before we go for them, we must be sure of which one we are taking and how to manage the risk involved in it, this will help us have a successful investment in them, but when we think we cant control the way of how we can invest, then better to stay off them till we get the thicker skin for their risk.