Do you have believe in memecoins??

[gunhell16]

Well, I did 'invest' in a few Solana memecoins, unfortunately luck wasn't on my side, just lost money on them. I know there was no substance in there in first place, investment was done solely for the possibility of huge gains.

While regarding prominent memecoins like SHIBA, PEPE, DOGE — I feel they have already given profits to investors and there are no more huge gains to be made here.

Handful of survive in thousands memecoins that popup, investing in memecoins is pure gamble.

Maybe I can consider that investing in meme coins is gamable except for the ones you mentioned, Pepe, Doge, and Shiba, because those are proven and tested and we can really make a profit there.

But with the meme coins that have sprung up this year, it can be said that if they can be considered a gamble when we allocate investment to them, especially if it's the first time they are going to participate in the bull run, it is said that high risk is equivalent to high rewards, but it can also be high loss if the choice is ours.

[Fivestar4everMVP]

Recently we have seen a lot's memecoin project are coming through different chain. We have seen hype with these project. This type of project actually come's with lot's of hype. However most of the project has no concept based on crypto. I personally don’t believe this kind of project which has not any bright future,mostly scam with us. Though few project are running for long term you may mention Doge,Pepe,Shiba etc but i don’t go for it when i have mind to invest on. I really wanna know from you guys, Do you believe and invest on memecoin??

Memecoin on the norm, are not supposed to have any concept, atleast from their beginning, this is why they are called memecoins, they are created for fun and you should already know that it's only one, out of a million of them that may likely succeed looking at how frequently memecoins are created and launched today.

I believe in memecoins, and this is because my previous unbelieve in them cost me a fortune.
I own alot of doge coin in the past, but I sold it all off very early before it's rise because I did not believe in memecoin, the utility project I invested the proceed on is no where to be found today, and doge coin is still here.
I knew when Shiba inu, pepe and the rest of the top memecoins was launched, but I refused to invest in any of them because they were not building any thing serious, and my ignorance made me miss out on the gains I would have gotten from them, meanwhile all the utility project i invested in, non has done 50x for me, something meme coins do easily.

Look, like it or not, memecoins have become a dominant part of cryptocurrency, as you are investing in utility projects, also diversify in good meme coins as well, you may likely end up making the most profit from your memecoin investment.

[Aanuoluwatofunmi]

I do have believe in them that they can be promising and at the same time be disappointing, memecoins are not what we can fully depend on like that.

we are also expected to exercise same level of caution when making investment in them, because they could place some risk on us if we are not used to how the majority of them operate.

[LogitechMouse]

Recently we have seen a lot's memecoin project are coming through different chain. We have seen hype with these project. This type of project actually come's with lot's of hype. However most of the project has no concept based on crypto. I personally don’t believe this kind of project which has not any bright future,mostly scam with us. Though few project are running for long term you may mention Doge,Pepe,Shiba etc but i don’t go for it when i have mind to invest on. I really wanna know from you guys, Do you believe and invest on memecoin??

The hype around meme coins will remain hype and as for the success of meme coins, it will all depends on the communty.

I said it multiple times, but meme coin project heavily rely on their community for them to stay at the top. DOGE, PEPE, SHIB has their own community and regardless if the token has no use-case, no value, or no transparency at all, for some reasons the community is very faithful towards them. There might be many meme coin projects as well that ended up as a scam or rug pulled their investors, but we've seen the likes of WIF, BONK and others out there that are at the top already.

As for my belief in meme coins, I have no belief in them, but what I believe only is that, these meme coins can either make yourself rich or poor depending on how you will use it. Still I don't think that meme coins are a good coin to hold for long term.

[vegasus]

Aren't meme coins nothing new? It became a boom when Doge coin first skyrocketed. Since the bullrun in 2021, there have finally been many meme coin projects that have emerged and various types of new coins, with names similar to Doge or various types of strange or unique names.

However, so far, no one has been able to survive as well as Doge, only Shiba Inu may come close, but has not been able to compete. As for other meme coins, as you said, they are usually only created for hype, without a clear use case, without clear development of prospects and technology development. that's why most meme coins will end up as shit coins.

[tvplus006]

...I really wanna know from you guys, Do you believe and invest on memecoin??

In order to make a profit from trading meme coins, you don't have to believe in them) The main thing to remember is that investing in such tokens for a long time is very risky, since most meme coins lose their value and if you are familiar with derivatives, you can earn by opening a short position.

[bayu7adi]

However, so far, no one has been able to survive as well as Doge, only Shiba Inu may come close, but has not been able to compete. As for other meme coins, as you said, they are usually only created for hype, without a clear use case, without clear development of prospects and technology development. that's why most meme coins will end up as shit coins.

Yes, actually all memecoins do not have a very specific use case... they exist only according to their name "meme" which means it is very related to joke coins or people usually call it community coins.. unlike ETH which can create smart contracts, meme coins with low transaction volumes tend to only rely on pump and dump moments, some listing and adoption news are often exaggerated to attract interest from outside... and that cycle seems to have become commonplace in the meme world... I even feel that there are some meme coins that were created just to attract Elon Musk's attention, so that they might get space on Musk's tweets on platform X.

[JoyMarsha]

Recently we have seen a lot's memecoin project are coming through different chain. We have seen hype with these project. This type of project actually come's with lot's of hype. However most of the project has no concept based on crypto. I personally don’t believe this kind of project which has not any bright future,mostly scam with us. Though few project are running for long term you may mention Doge,Pepe,Shiba etc but i don’t go for it when i have mind to invest on. I really wanna know from you guys, Do you believe and invest on memecoin??

I believe in everything related to cryptocurrency, especially memecoin, because I have experience making a lot of money from dogecoin and also shiba inu, but I don't believe that memecoin is a suitable investment for the long term. It would be wiser if memecoin was only used as a short-term investment, nothing more.

Exactly. Memecoin is mostly good for the short term, not for the long term. You take your profits when the market booms rather than waiting for it to skyrocket more than expected because waiting for such a thing can turn into losses as a result of huge dumps by the holders who have billions of the memecoin. This makes it important for one who invested in memecoin to be calculative while having a short-term investment plan.

[PrivateKayla]

No, I don't believe and invest in meme coins. I got into crypto for long-term holding, and I think meme coins are good for the short term. I do understand why some traders like meme coins; it has a low entry cost and if they have amazing instincts, the extreme volatility of these can bring them substantial returns. For others, it's the sense of community they love.

[bayu7adi]

No, I don't believe and invest in meme coins. I got into crypto for long-term holding, and I think meme coins are good for the short term. I do understand why some traders like meme coins; it has a low entry cost and if they have amazing instincts, the extreme volatility of these can bring them substantial returns. For others, it's the sense of community they love.

However, if you look at the performance of DOGE which is also a memecoin, precisely before 2021, everyone will realize that there are memecoins that are worth holding for the long term, yes, but not all memecoins... only DOGE is the only one I know..

I am a little optimistic about memecoins, only DOGE coin for those of you who are always considering long-term investment... its volatility is at least more stable when compared to other new memecoins.

[Asiska02]

Recently we have seen a lot's memecoin project are coming through different chain. We have seen hype with these project. This type of project actually come's with lot's of hype. However most of the project has no concept based on crypto. I personally don’t believe this kind of project which has not any bright future,mostly scam with us. Though few project are running for long term you may mention Doge,Pepe,Shiba etc but i don’t go for it when i have mind to invest on. I really wanna know from you guys, Do you believe and invest on memecoin??

Only few meme coins have survived for a long time, most of them end up to be scam or shitty and worthless tokens which are better left in the wallet without any value that it gives. Meme coin are the trend now and most of them are lunched on the TON blockchain which has also brought the new narrative of the tap to earn games on telegram app. I wouldn’t say one should not invest in meme coins, but while doing so, it should be at your own peril. The way they can make you rich, is the same way they can make you richer when you have big win in them.

[ufocat]

Oh, absolutely! I always look for projects with no real concept—nothing screams 'safe investment' like a coin made for memes, right? 😏 Who needs fundamentals when you’ve got hype? I mean, it’s either a Lambo or a rug, but hey, that’s the thrill! 🚀💸

[Gposas]

Sure mate, memecoins to me look much more fun as a result of it's hypes.
Quite interesting to trade on these coins because they are profit oriented.... It is obvious now that memecoins are storming the Crypto market with new projects from various teams some bring a pump and dump, others struggling to survive while some are still outstanding no matter the market trend.
I am a big fan of memes and I can proudly say I trade on them and they are fun to trade on....

[electronicash]

Sure mate, memecoins to me look much more fun as a result of it's hypes.
Quite interesting to trade on these coins because they are profit oriented.... It is obvious now that memecoins are storming the Crypto market with new projects from various teams some bring a pump and dump, others struggling to survive while some are still outstanding no matter the market trend.
I am a big fan of memes and I can proudly say I trade on them and they are fun to trade on....

there is one memecoin that i think could be a good investment. i think because this project is popular and i got some of them for free when i got a ton of them after an airdrop to the project. who couldn't resist it when its free and it makes the project more well known. having billions of it will make you wish the price to shoot to mars of course.

believing in memecoin is one thing and having a ton of them makes an investor hopeful that he may intend top promote the project til he achieved great profit.

[Jating]

Sure mate, memecoins to me look much more fun as a result of it's hypes.

That's more likely the definition of a meme coin, it's fun and it's hype. And there is also that element of luck, I mean if you are one of the early investors and suddenly it goes up like x1000, then for sure you will profited a lot.

Quite interesting to trade on these coins because they are profit oriented.... It is obvious now that memecoins are storming the Crypto market with new projects from various teams some bring a pump and dump, others struggling to survive while some are still outstanding no matter the market trend.
I am a big fan of memes and I can proudly say I trade on them and they are fun to trade on....

The thing is that since it is a hype coin, then after the pump, comes a dump, not just a dump but a huge dump. And if you are one of those newbies who are late, then once the dump happens, you might be trap inside. And the only way to get out is to sell at a lost. So there is really huge risk trying to get rich with this meme coins as well. Big risk as compare to investing on solid and top altcoins, in my opinion. But nevertheless, I have nothing against those who really hunts meme coins for it's risk as it also comes with big rewards.