Warning Signs When Investing On Meme coins

[robelneo]

We are in the meme trends and this is by far the longest trending model in the Crypto ecosystem, but investing in meme coins has a lot of risks attached to it, it's not always profitable.

There are more losers and very few winners investing in meme coins.

This article will give you a peek at the meme coin industry and exposes memes as an intricate investment that you will encounter.

Anyone can create an online persona and disappear after conducting a successful memecoin scam. The same person can return the next day under a different pseudonym and a fresh memecoin. There were 19,000 new memecoins created this week. It seems unlikely they were all created by first-timers.

5 dangers to beware when apeing into Solana memecoins

[TomPluz]

Just like gambling, what we usually hear as very successful memecoins actually just represented a small percentage of all the memecoins introduced into the market. According to this good YouTube video: "Can you get rich investing in memecoins? In most cases, no. More than 99% of memecoins fail in their first year. You don't know about them because they failed." Of course, there are many possible rewards but there are far more, more risks as nobody can determine which of them will eventually say goodbye to their supporters and investors. Personally, I am not so much into memecoins except if someone will be airdropping some of them for free to me...and there are so many of them promoting their projects in X pretending to give some to people who like and share their posts...and I sometimes participate in them from time to time. Never will I invest or buy a memecoin coming from my wallet.

[bayu7adi]

Yes, this is like the newest form of gambling in cryptocurrency... the risks are very big because there is nothing professionally done by the developer, except just launching coins and launching coins continuously... I am aware of this pattern, considering that anonymity in the world of cryptocurrency is highly valued, while everyone can create their own coins freely... that means there are more and more opportunities for someone to abuse cryptocurrency as their own version of instant money-making.

For those who like gambling, maybe they will see memecoin as a new opportunity, for people who understand investment they will avoid meme coin for risk reasons. Obviously, this is a big risk, so many people only buy it in small amounts according to their own financial strength.

[Stompix]

Now this one is funny..

1. Memecoin creators are often totally inept

Yup, agree..

On March 18, the developer of memecoin Slerf burned $10 million worth of investors’ presale tokens instead of distributing them.

Pikachu face!
When they said inept I thought inept had a few limits, this is brain dead racoon material.

and further down the text, the revelation:

“Memecoins are fun for sure, but it won’t progress this industry, as they don’t have a product,” Ju tells Magazine.

what a surprise, /s.

So, anyone has any idea why would we need 19 000 meme coins per week? Or why would we need 19 meme coins per week? Or even better, why would we need meme coins? People don't use DOGE because it's a meme coin, people use it because it is accepted everywhere, it has its own chain, it's POW with huge rewards that guarantee mining security and it's cheap and fast.

Anyhow, does anyone know the cost of creating those meme coins, some approximations even with 10x off, that 19k number makes me think anyone could launch their token with a $50 fee and a $50 website.

[robelneo]

Anyhow, does anyone know the cost of creating those meme coins, some approximations even with 10x off, that 19k number makes me think anyone could launch their token with a $50 fee and a $50 website.

You can find it all here not meant to promote this site but as a reference 

Code: [Select]

https://coinfactory.app/en/memecoin-generator
It is easy to supply meme tokens because there's no use case they don't need a roadmap or a whitepaper all they need is a picture and a name and voila you'll have one for 0.06 ETH even a nontechie or who does not know coding can launch one.

[vegasus]

We are in the meme trends and this is by far the longest trending model in the Crypto ecosystem, but investing in meme coins has a lot of risks attached to it, it's not always profitable.

There are many statements like this:

Meme coins = shit coins = scam

However, why do coin memes still appear every day?
Why are there so many meme coins that can be easily hyped and then immediately ATH in a short time?

Yes, because this is the process of hype, and there are many parties who are opportunistic and smart in taking advantage of opportunities from meme coins. Imagine, how many people have succeeded in this meme coin business? both developers and experienced investors.

There are lots of them. This is why the meme coin business is very promising, because many stake holders, developers, investors, and also several other parties are successful in the meme coin business, because the results are truly extraordinary.

So what about the victims who end up doing the opposite, suffering huge losses?

This is the reason why parties still persist in meme coins, because there are still many people who are deceived and fall for the hype of the currently hyped meme coin promotions, thus giving rise to FOMO, which in the end, they can still become victims. and it happens over and over again until now.

[taufik123]

Anyone needs to be wary of memecoins that are obscure and still very new.
I never recommend investing in memecoins, but if you want to try your luck and make a quick profit, use a small amount of funds to get in.

Those who are early adopters will usually have more profits if the memecoin is successful and comes out when the price has risen.
But never hold off for the long term if the memecoin is not clear how it is developing.

[Crwth]

I think it depends on the coin and the type of community surrounding it. It's more like how they would react if it somehow increased in price and make it show that it's "okay" to HODL or there are benefits to having it.

Majority of the signs, IMO, that would be a red flag on meme coins are the following

• Market Capitalization
• Number of wallet addresses holding it
• % of the amount of wallets holding it

Some exchanges would help you filter it and could probably trade better in terms of meme coins. I suggest to risk what you can afford to lose.

[bitbit97]

Dont know guys, for me investing in any meme-coin is already a warning sign. Since they are not based on any kind of logic, has no use case and severely dependable from trend, their price can change any minute from any cough of an influencer. Meme-coin market is changing so fast, that I can even figure where to start learning and evaluating them. For me it seems that winning in casino is easier than earning from meme-coins.

[Stompix]

~

You can find it all here not meant to promote this site but as a reference 

Code: [Select]

https://coinfactory.app/en/memecoin-generator
It is easy to supply meme tokens because there's no use case they don't need a roadmap or a whitepaper all they need is a picture and a name and voila you'll have one for 0.06 ETH even a nontechie or who does not know coding can launch one.

Ok, so to be perfectly clear on this:
I spend 0.3 SOL on Stompixmegaultrasuchwowmuchprofit token
All I need to do is now to sellthose 10000 quadrillions of tokens for more than $60
Profit?! 

I had a really cute dog avatar at one point, perfect meme material, the more I joke about this the more confident I am I'm going to do it just to kill time

[LogitechMouse]

Just look at their website and you will be amazed on how good you are in knowing if the meme coin project is a legit one or not.

- If the website was made unprofessionally, it's already a red flag, and will be surviving for at least 6 months to a year. (based on my experience)
- If the website isn't showing about the team, the whitepaper, the tokenomics or whatever, it's already a warning for me. PEPE is an exception I guess because it became very popular despite the team not showing, no tokenomics, no intrinsic value or whatever.
- If the website isn't showing anything that an investor needs to know, it's already a warning.

You know what, just avoid investing into new meme coins and just focus on the top meme coins right now like DOGE, or even SHIB. In that way, it lessens your stress, and it will lessen your risk as well.

[|MINER|]

Success is always a small number, it is not only in the case of memecoin, it is also in the case of other coins if you notice how many coins or Cryptocurrency Sustainable or Bitcoin, BNB, Polygon matic has gained price? But it is true that you must be careful in this regard in memecoin, because memecoin is like a bet at any time you can earn huge profit and at any time you can eat loss with your capital. So I think it would be wise to follow the warning sign and invest.

[irishbeast]

I got into BabyBrett yesterday evening and its already done a 2x since then and a lot more over the 4 days since it was launched. Its actually a meme with a twist in that you also get some Brett returns as well as anything you might make.

Might be too late now although its still pumping. Only available through uniswap, metamask etc. I'm close to taking profit to cover what I invested so then its a risk free trade. A friend recommended it so was a bit lucky. Very strong community and the rewards system is a first of type I believe so worth a look maybe. Wish he had told me 3 days ago!

[Mr. Magkaisa]

We are in the meme trends and this is by far the longest trending model in the Crypto ecosystem, but investing in meme coins has a lot of risks attached to it, it's not always profitable.

There are more losers and very few winners investing in meme coins.

This article will give you a peek at the meme coin industry and exposes memes as an intricate investment that you will encounter.

Anyone can create an online persona and disappear after conducting a successful memecoin scam. The same person can return the next day under a different pseudonym and a fresh memecoin. There were 19,000 new memecoins created this week. It seems unlikely they were all created by first-timers.

5 dangers to beware when apeing into Solana memecoins

          -  I also think that it looks like we are in meme coin season with this bull run that we are facing. Probably many potential memes that are on the top list in the market will spread once the price value of bitcoin in the market starts to rally.

And in addition to the meme coin, now it seems that tapping apps are also popular in telegrams supported by other big companies and communities, and next to this, even AI tokens seem to be popular this bull run.

[ajiz138]

Success is always a small number, it is not only in the case of memecoin, it is also in the case of other coins if you notice how many coins or Cryptocurrency Sustainable or Bitcoin, BNB, Polygon matic has gained price? But it is true that you must be careful in this regard in memecoin, because memecoin is like a bet at any time you can earn huge profit and at any time you can eat loss with your capital. So I think it would be wise to follow the warning sign and invest.

For me, memecoin is different from other altcoins which clearly have fundamentals, for example. Memecoins tend to just rely on hype and if that doesn't work then they will never be worth anything at all.

Meanwhile, we can see different things from other coins, such as Eth, Bnb and so on. They even have a very solid community which also influences the future of a coin. but I don't see that from memecoin.