Which is the best meme coin to invest now at the moment and why ?

[krishnaverma]

Personally I had always remained away from meme coins because I think they are a joke. But recent performance of some of the meme coins got me thinking. Why is there such a big uptrend in these meme coin prices ? Is any of these coins a good investment opportunity. If yes, why do you feel so ?

[ajiz138]

The market is green and at the same time it is a good thing for memecoins to start promoting themselves. And now a lot of coins have risen significantly, but I think this is because of a hype that won't last long.

If you want to try to take advantage of this situation, then do it. However, my suggestion is to use as little money as possible to enter the coinmeme market, because the risks are still too high. But it's up to you whether you want to try it or just keep quiet

[bitbit97]

Not a financial advice but more an observation of a situation on the market: dont invest but only buy for short period meme coins, as you never knows what will happen to them during long period. The are jokes, and jokes get old, out of date. Instead search altcoins/projects that other investment funds invest, and do the same. But if you really want to get together with meme coins - buy most popular. They at least wont disapper suddenly. Dont focus on everything that social media offer you, as those meme coins will never get high price. Their purpose is to get your money while they cost low (1 sat for example) and disappear.

[krishnaverma]

Not a financial advice but more an observation of a situation on the market: dont invest but only buy for short period meme coins, as you never knows what will happen to them during long period. The are jokes, and jokes get old, out of date. Instead search altcoins/projects that other investment funds invest, and do the same. But if you really want to get together with meme coins - buy most popular. They at least wont disapper suddenly. Dont focus on everything that social media offer you, as those meme coins will never get high price. Their purpose is to get your money while they cost low (1 sat for example) and disappear.

If we see the past seven day graph, it appears to me as well that the best time to invest was in past only. There is a lot of risk now as prices have increased a lot all of sudden. Most investors will be looking to book profits now.

[bitbit97]

Using 7days graph or taking data just for last 7 days it not just wrong, but extremely wrong. Look more wide, how price changes during at least a year and you would be surprised by results. The fact that something shows growth in last 7 days, might be in deep bottom on a 1 year graph. Btw, most of the altcoins havent recovered from previous ATH, when BTC for example is about to pass it.  Keep that in memory next time you want to invest.

[MrSpasybo]

Personally I had always remained away from meme coins because I think they are a joke. But recent performance of some of the meme coins got me thinking. Why is there such a big uptrend in these meme coin prices ? Is any of these coins a good investment opportunity. If yes, why do you feel so ?

BTC price has increased impressively and created a new ATH, this makes investors more optimistic about the bullrun and they are ready to pour money into the market. In addition, MM has collected many memecoins, for example SHIB, during the crypto winter, now is the time for them to push the price up to take profits.

I don't like investing in memecoins. If I had to choose, I would just choose DOGE because it is the market's leading memecoins. Shiba Inu is focusing on DeFi and Ethereum Layer-2, I no longer consider it a memecoin.

[1] SHIB: 6 wallet addresses withdrew 482B SHIB ~ $10.66M from Coinbase (2024.03.04)

[debra]

But recent performance of some of the meme coins got me thinking. Why is there such a big uptrend in these meme coin prices ?

I also don't know why meme coins are increasing their prices now. I think it can be caused by the good hype of halving or bullish season. It also can be affected by the increase of Bitcoin. But be careful because the trend can be over suddenly. We don't know how long meme coins will have a pump.

Is any of these coins a good investment opportunity. If yes, why do you feel so ?

Doge and SHIB are the best meme coins for buying. But I suggest to not holding them for a long time.

[bitterguy28]

Not a financial advice but more an observation of a situation on the market: dont invest but only buy for short period meme coins, as you never knows what will happen to them during long period. The are jokes, and jokes get old, out of date. Instead search altcoins/projects that other investment funds invest, and do the same. But if you really want to get together with meme coins - buy most popular. They at least wont disapper suddenly. Dont focus on everything that social media offer you, as those meme coins will never get high price. Their purpose is to get your money while they cost low (1 sat for example) and disappear.

If we see the past seven day graph, it appears to me as well that the best time to invest was in past only. There is a lot of risk now as prices have increased a lot all of sudden. Most investors will be looking to book profits now.

actually the best thing to address this is "TIMING" we should invest in memecoin with correct timing ,some memecoins like Dogecoin and Shiba Inu is staying strong in the market but that does not mean if you are investing in this profit will come shortly , anyway  i am an Dogecoin supporter(actually have just invested recently) but askingif i will trust other memecoin?no I am not.

[LogitechMouse]

Re: Which is the best meme coin to invest now at the moment and why ?

Right now, with the current movement of the market, NONE.
I'm not saying that there's no good meme coin to invest now, but the market has gone up already, and you don't want to buy any coin when the market is going up right especially when it's a meme coin.

I'm also waiting for the market to go down, so I can buy some coins as well including meme coins. I might have said some bad things about meme coins because many meme coins have scammed many investors, but the reality is, that they're here to stay, and some meme coins will stay in the top 100 because of the huge community behind it. I want to invest in meme coins right now, but I don't see any good opportunity right now. Maybe you can wait until the market makes a correction at least, or meme coins in general will make some corrections.

I guess we are all using Coingecko or Coinmarketcap. We can track the movement of meme coins out there faster so if there's an opportunity, we can buy fast. Like what they said, "Time the Market". Look for oppportunities, and don't get FOMO'ed.

[Fivestar4everMVP]

Personally I had always remained away from meme coins because I think they are a joke. But recent performance of some of the meme coins got me thinking. Why is there such a big uptrend in these meme coin prices ? Is any of these coins a good investment opportunity. If yes, why do you feel so ?

At the moment, I think your best bet in the area of investing in meme coins will be for you to invest in coq inu, some who have read my previous posts on meme coins will wonder why I am so all about coq inu, this is because coq inu is not just a meme coin, it's one with a very good utility and a lot of community around it, coq inu will go down as the best meme coin in the whole of this 2024 and 2025, I've said this before and I am saying it again, coq inu is the best meme coin to invest in at the moment, the coin has been performing incredibly well and it's not even listed on most major exchanges like Binance, coin base, Robin hood, mexc yet, rest assured that all this exchanges and many more are currently watching coq inu and will all list it before this year runs out.

Looking for good meme coin to invest in, don't miss out on coq inu, it's your best bet so far, and market cap is still below half a billion.

[Dr.Bitcoin_Strange]

Well, while investing in meme coin, it's wise to be fully aware that there is usually no guarantee that the project can do well in the bull market or not. So, its better to invest what the person can afford to lose. We can actually invest in a meme coin because of hype and FOMO but that doesn't mean the coin will pump. Lately, I discovered something about baby dogecoin and I decided to buy more added to the one I discovered in my wallet which have been there for a long time. Shiba inu, dogecoin and baby doge are three meme coins am looking at right now.

[Wiseman]

Personally I had always remained away from meme coins because I think they are a joke. But recent performance of some of the meme coins got me thinking. Why is there such a big uptrend in these meme coin prices ? Is any of these coins a good investment opportunity. If yes, why do you feel so ?

If we are talking about meme coins, and as I understand it, there is a thread about them, then naturally only one thing is that it is better not to use the word (invest) in the meme coins, since these tokens cannot be long-lasting, if you take dogs and shibas, then this is essentially an exception to rules and all the rest, they can be reset to zero in a few months and you can lose all your money, but don’t forget that you can make very good money on them, but if you are not a trader and don’t understand anything about it, then it’s better to leave it to traders or those who understands this and invest in more reliable places.

[$crypto$]

Well, while investing in meme coin, it's wise to be fully aware that there is usually no guarantee that the project can do well in the bull market or not. So, its better to invest what the person can afford to lose. We can actually invest in a meme coin because of hype and FOMO but that doesn't mean the coin will pump. Lately, I discovered something about baby dogecoin and I decided to buy more added to the one I discovered in my wallet which have been there for a long time. Shiba inu, dogecoin and baby doge are three meme coins am looking at right now.

It has to be like that, always use the money that has been prepared and even if we lose it we won't regret it. The reason is that no one can really guarantee that memecoin will give us many times the profits, even if it does it is luck.

Don't expect more from memecoin, don't be tempted when many people show the benefits they get from memecoin, because for me it's a trap. Maybe they also want to create hype so they can profit from it.

[Mr. Magkaisa]

         -   I agree with the opinion that the best meme coin to buy is Pepe coin because it is the first time it will face a bull run. When Bitcoin rallied a week ago, the profit it gave to holders was 700%–800% immediately for those who believed in it.

So, for sure, it will continue, although for now it is having a correction in the market, but it is only bubbling because after the correction it will rise again in the market for sure, so just hold on to this meme coin, believe me or not.

[yhiaali3]

Yes, there may be a great investment opportunity for meme coins during the current bullish season.
You can invest a small amount of money as a form of speculation only and make profits at the first opportunity because long-term investment is a big risk.

There are some coins such as Pepe, Pepe2, Shiba Inu, Milo Inu and CATGIRL. Of course, this is not investment advice because investing in them is a big risk and must be at your personal risk.