Memecoin: Like Printing Money at Will?

[TomPluz]

With the surge of many memecoins in the market for the past months, I am really wondering how easy (or difficult) it would be to be making one and make it successful so we can say that in memecoins we are just like printing dollars at will?

I understand that for a memecoin to make it to the top, there is that need (and this is a very critical one) to build a strong and very supportive community of supporters and investors and in my opinion this can be categorized as the most difficult aspect to achieve...and not the technical aspect as many of the famous memecoins really lacked use-cases and value on this part.

Would you be willing to explore your chance to make and contribute your own memecoin and make as much money as possible?

[ABCbits]

With the surge of many memecoins in the market for the past months, I am really wondering how easy (or difficult) it would be to be making one and make it successful so we can say that in memecoins we are just like printing dollars at will?

Such argument also raised when some people talks about cryptocurrency. Anyway, creating new coin or token is rather easy where you could either,
1. Follow tutorial which may took few hours depending on your technical skill.
2. Use a service or pay someone to create new coin/token. I've some service offer as low as $10 to create new token.

But obviously making it successful is the hard part.

[Mr. Magkaisa]

    -           Honestly speaking, even though many people say that meme coins are shitcoins, there are still many people who make money there when they realize that they bought cheap and suddenly the value in the market is pumped, but it's only once in a blue moon and it's hard to detect.

So the majority of those who actually invest in meme coins lose or lose their capital, in which this is true and often happens actually. And the only people I've seen who benefit from meme coins are those who create meme coins in the crypto industry.