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Author Topic: How Do Memecoins Make It Despite Minimal Value?  (Read 5823 times)

Offline SolanaMemecoin Signals

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #15 on: September 09, 2024, 10:46:56 PM »
Hype hype, insiders, influencers and honestly the community
newbie deactivated link:https://solanamemecoins.io/ [nonactive]

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #15 on: September 09, 2024, 10:46:56 PM »

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #16 on: September 12, 2024, 03:22:47 PM »
Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.

People are free to say whatever thing that may come out of tier mouth because there is freedom of speech, this memecoins we are considering mainly depends on the developers, we can take on for instance, if a reputable organization is making a bid to launch in a new project and then we have another personal struggling with capital to do the same, we already know who will perform well.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #16 on: September 12, 2024, 03:22:47 PM »

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Offline rizqillah

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #17 on: September 12, 2024, 04:31:35 PM »
Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.

People are free to say whatever thing that may come out of tier mouth because there is freedom of speech, this memecoins we are considering mainly depends on the developers, we can take on for instance, if a reputable organization is making a bid to launch in a new project and then we have another personal struggling with capital to do the same, we already know who will perform well.
Mmeme coin is also potential to be held so we also have to do research to choose which meme coin has potential. In investing we don't have to care about what other people say, but believe in the results of our own research, because this is our money and we are the ones who have to decide which one to buy and hold.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #18 on: September 19, 2024, 07:17:48 AM »
...the correct classification is "pump and dump" because for a lot of these coins, the primary and sole objective is to make the developer of said memecoin a lot of money at the expense of everyone else.

I would say that the main value of most (maybe not all) memecoins we can find in the market right now is their ability to make people (the developers and the investors) rich overnight and if this is not achieved then there can be a big fail...and so they move on to another new memecoin hoping that it would be the one to give them the ticket to financial independence overnight. Now, in the immediate future, I am not seeing this memecoin trend to stop since many people are greedy and looking for a magical formula for a financial windfall...just like gambling where there will always be handful of winners and a dump truck of losers. The most important thing is that we are educating people of what they are getting into and not deceive them that everything will be so okay...since it is their money anyway. In other words, invest at your own risk and don't cry a river when you lose your money.


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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #19 on: September 19, 2024, 11:44:34 AM »
Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.

People are free to say whatever thing that may come out of tier mouth because there is freedom of speech, this memecoins we are considering mainly depends on the developers, we can take on for instance, if a reputable organization is making a bid to launch in a new project and then we have another personal struggling with capital to do the same, we already know who will perform well.

Yep, it all comes to the credibility of the project, its founders, and its devs.
Everybody is able to invest in such coins, but they won't live for long, it's usually how it goes, unfortunately.
And only a smaller portion of people will be able to profit from them.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #20 on: September 20, 2024, 09:05:46 PM »
There are many reasons why many new start up meme projects are successful despite their low values, that is, know users vase. The following reasons can be considered,
1.Profitability
2.Hype
3.FOMO
4.Team sincerely/true identity
5.Popularity
Now, anyone going into Business is to make profit, and as many people already know, Meme coins has becomes a big trend project on news channels especially on social networks, creating hypes this days, which has also attracted many investors and traders as a huge profitable coins.

Meme coins has no users case but it has generated big fun and happiness among users globally, and many crypto enthusiast want to be part of the meme frenzy which is causing fear of missing out (fomo).
in addition, meme coins projects launched this days has shown some serious transparency, and cudos to Team sincerely and open identity that has brought trust to these projects.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #21 on: September 27, 2024, 02:32:19 PM »
There are many reasons why many new start up meme projects are successful despite their low values, that is, know users vase. The following reasons can be considered,
1.Profitability
2.Hype
3.FOMO
4.Team sincerely/true identity
5.Popularity
Now, anyone going into Business is to make profit, and as many people already know, Meme coins has becomes a big trend project on news channels especially on social networks, creating hypes this days, which has also attracted many investors and traders as a huge profitable coins.

Meme coins has no users case but it has generated big fun and happiness among users globally, and many crypto enthusiast want to be part of the meme frenzy which is causing fear of missing out (fomo).
in addition, meme coins projects launched this days has shown some serious transparency, and cudos to Team sincerely and open identity that has brought trust to these projects.

They became easy to launch + their quantity beats quality.
People would put their money into anything nowadays for the potential profit even though there are much more stable roads ahead of them, mainly BTC, ETH, SOL.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #21 on: September 27, 2024, 02:32:19 PM »


Offline vegasus

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #22 on: September 27, 2024, 11:15:51 PM »
I would say that the main value of most (maybe not all) memecoins we can find in the market right now is their ability to make people (the developers and the investors) rich overnight and if this is not achieved then there can be a big fail...and so they move on to another new memecoin hoping that it would be the one to give them the ticket to financial independence overnight.
But this is the fact that we often find in the field. We are often not so interested in the fundamentals of the meme coin, and they don't even have the fundamentals. But why can the meme coin be hype?

Yes, because I think their team's ability is quite great, because after all, they are that serious about promoting their project, making their meme coin project very hype, and they know what concepts and current market conditions are most interesting. Their team is also convincing enough to make more people know about the meme coin so that it becomes hype because of the exaggerated news. And in the end, they can be that successful in listing on the top exchange which can make their meme coin even more hype.

And in the end, when they have listed and taken profits, then as usual, their project is just abandoned and let the people who just entered experience huge losses. That's why meme coins always give high returns to those who have entered first, and high risks to those who enter late. They can make someone to be rich over night, and vice versa can also make someone poor in one night because carelessly all in in that meme coin.

Offline rizqillah

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #23 on: September 28, 2024, 09:55:45 PM »

But this is the fact that we often find in the field. We are often not so interested in the fundamentals of the meme coin, and they don't even have the fundamentals. But why can the meme coin be hype?

Yes, because I think their team's ability is quite great, because after all, they are that serious about promoting their project, making their meme coin project very hype, and they know what concepts and current market conditions are most interesting. Their team is also convincing enough to make more people know about the meme coin so that it becomes hype because of the exaggerated news. And in the end, they can be that successful in listing on the top exchange which can make their meme coin even more hype.

And in the end, when they have listed and taken profits, then as usual, their project is just abandoned and let the people who just entered experience huge losses. That's why meme coins always give high returns to those who have entered first, and high risks to those who enter late. They can make someone to be rich over night, and vice versa can also make someone poor in one night because carelessly all in in that meme coin.
that's the fate we will receive if we are late to enter projects that only rely on hype like mem koin. When we enter late, the price starts to fall and we will experience losses. so be careful when investing in coins that only rely on hype because the risk is very high. I prefer to invest in bitcoin, ethereum, BNB and solana.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #24 on: September 29, 2024, 06:19:35 PM »
But this is the fact that we often find in the field. We are often not so interested in the fundamentals of the meme coin, and they don't even have the fundamentals. But why can the meme coin be hype?

Yes, because I think their team's ability is quite great, because after all, they are that serious about promoting their project, making their meme coin project very hype, and they know what concepts and current market conditions are most interesting. Their team is also convincing enough to make more people know about the meme coin so that it becomes hype because of the exaggerated news. And in the end, they can be that successful in listing on the top exchange which can make their meme coin even more hype.

And in the end, when they have listed and taken profits, then as usual, their project is just abandoned and let the people who just entered experience huge losses. That's why meme coins always give high returns to those who have entered first, and high risks to those who enter late. They can make someone to be rich over night, and vice versa can also make someone poor in one night because carelessly all in in that meme coin.
This is a common trait we see in memecoins, yet it's hard to pass up a potential life-changing opportunity, especially considering Solana's incredibly low transaction fees that are accessible to all investors. Memecoins have already seen success on Solana with the surge of BONK and Sagaphone, but I'm not sensing the same hype for memecoins across the broader market, and Solana seems to be shifting towards DeFi support.

When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.
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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #25 on: October 13, 2024, 07:38:30 AM »
When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.
having this perspective is really helpful i personally do not spend much money to invest in memecoins but i do participate in some of their airdrops this case even though i have spent some of my time and effort in participating with the project at least i did not get ripped off if it does not succeed on the other hand if i manage to get lucky and the project gets good price then i can sell it and i have made profit i never think that these memecoins will be the new bitcoin or solana or ethereum or whatever but i try to take advantage still since they can be profitable

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #26 on: October 14, 2024, 07:55:07 AM »
When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.
having this perspective is really helpful i personally do not spend much money to invest in memecoins but i do participate in some of their airdrops this case even though i have spent some of my time and effort in participating with the project at least i did not get ripped off if it does not succeed on the other hand if i manage to get lucky and the project gets good price then i can sell it and i have made profit i never think that these memecoins will be the new bitcoin or solana or ethereum or whatever but i try to take advantage still since they can be profitable

Sometimes FOMO for meme projects is huge, and it's great to be able to do some of their activities to get something from them eventually, if the effort for it wasn't that big.
But, investing in older coins is, of course, more reliable and beneficial, in my opinion.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #27 on: October 14, 2024, 09:24:35 AM »
When investing in memecoins, it's best to view them as fun lottery tickets in the market rather than as serious projects that can compete with DOGE for a top market cap position. While this cautious approach might make us miss out on a few investment opportunities, at least our capital remains safe for investing in truly valuable tokens in the long term, such as BTC, ETH, and SOL.
having this perspective is really helpful i personally do not spend much money to invest in memecoins but i do participate in some of their airdrops this case even though i have spent some of my time and effort in participating with the project at least i did not get ripped off if it does not succeed on the other hand if i manage to get lucky and the project gets good price then i can sell it and i have made profit i never think that these memecoins will be the new bitcoin or solana or ethereum or whatever but i try to take advantage still since they can be profitable
Meme coins can provide short-term profits, and if we decide to invest in meme coins, we should do it quickly and sell while it is still hype because after it is no longer hype, the price will likely drop.
although there are meme coins that are still in the top 10 coins, it seems that doge has not shown good progress. Everyone hopes that the price of doge will rise to $ 1 but it still seems to be struggling and investors hope for support from Elon Musk.

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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #28 on: October 14, 2024, 09:32:42 AM »
Simply, they don't!

Memecoins will always end up with zero value, the only thing that prevents them from going there is to actually become useful for buying and transacting, much like Doge has become a cheap alternative to Bitcoin
The rest that find themselves in no such position will simply die out, hundreds after thousands, just like it has been for almost a decade now.


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Re: How Do Memecoins Make It Despite Minimal Value?
« Reply #29 on: October 14, 2024, 03:49:00 PM »
Simply, they don't!

Memecoins will always end up with zero value, the only thing that prevents them from going there is to actually become useful for buying and transacting, much like Doge has become a cheap alternative to Bitcoin
The rest that find themselves in no such position will simply die out, hundreds after thousands, just like it has been for almost a decade now.

Even if the coins that you mentioned would die out, millions of new ones would be created by that time. It's a never-ending cycle, and I don't really know what would break it.

 

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