Is memecoins a key part of the crypto industry?

[MCcabe Rory]

I never expected memecoins to still be trending at this point when we expect alt to be very bullish. Solana based meme coins were on top of their game recently, with some meme enthusiasts making decent profit and I am kind of curious to know how and where they get real time info of joining these projects early to catch out big.

Another trending meme coin just hit the market and once again an on chain data shared on @lookonchain twitter handle https://x.com/lookonchain/status/1774040684519104529?s=20 shows how someone just racks up almost $2 million in profit. MFER this time is on base chain and I feel we could be seeing the start of chain meme coins soon. What do you think?

[Crwth]

I think it's one of the cycles that the money in cryptocurrency will go through and it's still early in this market. I think it's still early and we are still in the BTC phase in terms of the current market because we are nearing halving. I have seen $MFER in the market being listed on high-tier exchanges, it's getting viral now.

[Stompix]

Key part?
Neah, not even close!

Rember NFTs? They were supposed to...do something!
Ordinals and inscriptions were supposed again to pave the way for something something!
The whole Defi thing was going to revolutionize finance yet still 99% of the users go for CEX<>banks!

All these have just turned into fads, buzzwords, pump and dump schemes, call them whatever as they are a bit of everything except for "key parts".
And just because somebody is throwing millions at it and somebody else is making millions it doesn't change that, sports cards are a 10 billion industry in the US, but nobody is claiming it's some key feature of NBA or NFL.

I have seen $MFER in the market being listed on high-tier exchanges, it's getting viral now.

Shiba Inu rocked the crypto would way harder than this and still it pales in comparison to one single decision a state makes for or against Bitcoin, meme coins are here to stay, and they will make the headlines, but in the end, there will be nothing more than collectible cards, a somewhat wealthy industry but nothing more, not enough to steer cryptos in one direction or other.

[MrSpasybo]

I never expected memecoins to still be trending at this point when we expect alt to be very bullish. Solana based meme coins were on top of their game recently, with some meme enthusiasts making decent profit and I am kind of curious to know how and where they get real time info of joining these projects early to catch out big.

Memecoins are a new trend that emerged in 2021, but they have already grown and developed strongly to this day. Solana, Avalanche, Ton, and Aribitrum all have their own plans for memecoins to promote the development of their ecosystems. Simply put, they want to take advantage of the impressive price increase of memecoins to attract users and capital, and to promote transactions and investment behavior in the ecosystem.

Memecoins are cheap, fun, easy to access, and easy to share their stories. I believe that memecoins will continue to exist in the crypto market as an important part for communication and reaching potential investors.

[MCcabe Rory]

I think it's one of the cycles that the money in cryptocurrency will go through and it's still early in this market. I think it's still early and we are still in the BTC phase in terms of the current market because we are nearing halving. I have seen $MFER in the market being listed on high-tier exchanges, it's getting viral now.

Yeah true. I also saw it on Bitget memezone.. that's true..the insane amount flowing into memezone is scary, I guess we should take advantage of this. Ahah..

[XTRAVAGANGA]

I think it's one of the cycles that the money in cryptocurrency will go through and it's still early in this market. I think it's still early and we are still in the BTC phase in terms of the current market because we are nearing halving. I have seen $MFER in the market being listed on high-tier exchanges, it's getting viral now.

Yeah true. I also saw it on Bitget memezone.. that's true..the insane amount flowing into memezone is scary, I guess we should take advantage of this. Ahah..

Gone are the days where I fade memecoins on the basis that they have no use cases. Especially, after seeing firsthand how some colleagues of mine made decent gains from the likes of doge, shib, pepe and others. I also keep tabs on the above exchange because they list tokens very early, and I like being an early bird in projects that interest me.

[R100K-Martin-Lunger]

I wouldn't go as far as to say they are a KEY part, but yeah they definitely have some potential. Look at the Solana and Ethereum meme coins, and DOGE with its recent trajectory. But given the absolute volatility, it can be really hard to predict the trajectory of meme coins especially because of their part reliance on hype and social media buzz. So they are surely on the riskier side for serious investors. It's better to look into other high growth potential altcoins to diversify your portfolio or use a crypto trading bot like R100K for maximum gains without any hassle of mastering short-term or long-term trading.

[Fivestar4everMVP]

I never expected memecoins to still be trending at this point when we expect alt to be very bullish. Solana based meme coins were on top of their game recently, with some meme enthusiasts making decent profit and I am kind of curious to know how and where they get real time info of joining these projects early to catch out big.

Those who are serious about investing in meme coins must have apps like Dextools and Dexscreener, this are the two places or platforms I know it's possible to watch projects as the enter the trading market in real time, when you go to Dextools and switch over to "live new pairs", and set your network to Solana or any other chain, you will be able to watch the live listings of different projects as they enter the market at incredible low prices but be very careful, 99 percent of them are all scams.
On Solana chain, a token gets listed in a Dex market almost every second, but like I said before, 99 percent are scam, and another 99 percent will never make it out of the Dex exchange till they are abandoned, so be very careful and watch what you are buying.

Another trending meme coin just hit the market and once again an on chain data shared on @lookonchain twitter handle https://x.com/lookonchain/status/1774040684519104529?s=20 shows how someone just racks up almost $2 million in profit. MFER this time is on base chain and I feel we could be seeing the start of chain meme coins soon. What do you think?

Chain meme coins have been trending for a while now, it's not just starting but have already started months ago, we have COQ INU on Avax, we have FISH on TON blockchain, we have BRETT on Base chain and so on and on.

So, chain meme coins aren't new, but still, it's gonna make a lot of people who position well millionaires in this coming bull run.

[MCcabe Rory]

I never expected memecoins to still be trending at this point when we expect alt to be very bullish. Solana based meme coins were on top of their game recently, with some meme enthusiasts making decent profit and I am kind of curious to know how and where they get real time info of joining these projects early to catch out big.

Those who are serious about investing in meme coins must have apps like Dextools and Dexscreener, this are the two places or platforms I know it's possible to watch projects as the enter the trading market in real time, when you go to Dextools and switch over to "live new pairs", and set your network to Solana or any other chain, you will be able to watch the live listings of different projects as they enter the market at incredible low prices but be very careful, 99 percent of them are all scams.
On Solana chain, a token gets listed in a Dex market almost every second, but like I said before, 99 percent are scam, and another 99 percent will never make it out of the Dex exchange till they are abandoned, so be very careful and watch what you are buying.

Another trending meme coin just hit the market and once again an on chain data shared on @lookonchain twitter handle https://x.com/lookonchain/status/1774040684519104529?s=20 shows how someone just racks up almost $2 million in profit. MFER this time is on base chain and I feel we could be seeing the start of chain meme coins soon. What do you think?

Chain meme coins have been trending for a while now, it's not just starting but have already started months ago, we have COQ INU on Avax, we have FISH on TON blockchain, we have BRETT on Base chain and so on and on.

So, chain meme coins aren't new, but still, it's gonna make a lot of people who position well millionaires in this coming bull run.

I also use dex tools

[Report]

Meme coins are not the key, but meme coins are an entertainment in various blockchains, many major coins present various types of meme coins and as a result many have succeeded in achieving a large market cap. The more meme tokens there are, the more trades there are and the more main coins are used for transaction fees.
DOGE seems to be a meme coin that is the key to all cryptocurrencies because Doge is very serious for entertainment, for those who have never traded with Doge coins, it seems worth trying to trade or hodL for the long term.

[gunhell16]

Well, what's happening right now seems to be meme coin season right now. I'd like to believe that it's the season of meme coins right now, so there are a lot of new meme coins coming out in the crypto space. So in these instances, let's be vigilant and careful in our choices.

Because, for sure, most of it is just hype, and when the hype ends, it is possible that the developer of the coin will exit little by little and the traders will leave their coins. However, trade at your own risk.

[Crwth]

I have seen $MFER in the market being listed on high-tier exchanges, it's getting viral now.

Shiba Inu rocked the crypto would way harder than this and still it pales in comparison to one single decision a state makes for or against Bitcoin, meme coins are here to stay, and they will make the headlines, but in the end, there will be nothing more than collectible cards, a somewhat wealthy industry but nothing more, not enough to steer cryptos in one direction or other.

I did see this and a lot of people are really making money with that. I remember that it went like this

BTC->Gaming Coins -> Memes -> Bear market (the cycle)

I think it's different with the cycle now because memes are just flying.

I think it's one of the cycles that the money in cryptocurrency will go through and it's still early in this market. I think it's still early and we are still in the BTC phase in terms of the current market because we are nearing halving. I have seen $MFER in the market being listed on high-tier exchanges, it's getting viral now.

Yeah true. I also saw it on Bitget memezone.. that's true..the insane amount flowing into memezone is scary, I guess we should take advantage of this. Ahah..

We can definitely as long as we manage our risks, you know?

[ScamViruS]

Memecoin is never the key to the crypto market. This is just a trend, and when there is a trend in the crypto market, those related projects boom and many investors in the market earn money and on the other hand, many investors lose their money. Memecoin is playing some big whale game only for money making otherwise these projects are useless they have no real use all pump and dump game is going on for hype and fun. So memecoin will never be a key part of the crypto industry.

[UNIVERSE]

Is memecoins a key part of the crypto industry?

Keypart?
No, I don't think so. Indeed, we know that the crypto world is always surrounded by various appearances of meme coins, which of course often become hype. However, not all, or even most, of these meme coins will fail in the future. Well, the problem is, the coins pin meme doesn't end, in fact it will always be there. In fact, almost every day we find a new meme coin. But even though this doesn't mean they are key parts, they are indeed part of the crypto business which is very tempting for some parties, but they are not key parts.

[gunhell16]

Memecoin is never the key to the crypto market. This is just a trend, and when there is a trend in the crypto market, those related projects boom and many investors in the market earn money and on the other hand, many investors lose their money. Memecoin is playing some big whale game only for money making otherwise these projects are useless they have no real use all pump and dump game is going on for hype and fun. So memecoin will never be a key part of the crypto industry.

Maybe it just makes an extra contribution to the crypto market, but not to the point of being a key part, in my opinion. Especially in times like this and lately, most of the noisemakers in the crypto market have been meme coins from the Solana blockchain network.

And of course, because of those events, there are also many communities in the crypto space who seem to have been encouraged that through meme coins in small capital, it will be planted in their minds that they can get rich because of meme coins, but they won't. Most people think that they still need to be wise and research well before investing in these meme coins.

Because scammers can also take advantage of this opportunity to prey on people who have no knowledge of this field of business.