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Money on Memes: Cryptocurrency That Skyrockets Overnight
« on: December 04, 2024, 05:28:56 PM »
Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits. This makes them appealing to speculators and traders seeking quick gains. How does this phenomenon work, and why doesn’t everyone profit from it?

A recent interview
explored the latest trends in the meme coin market. One fascinating case was the emergence of several meme coins on the TON blockchain (The Open Network), which, according to participants, is experiencing record growth. Of particular note is the rise in mempads—platforms for launching meme coins—on TON, now numbering around 4–5. The interview highlighted GasPump as the first successful project, followed by Blum, which, as mentioned, is now accessible to a broader audience.

What Are Meme Coins?
Meme coins are cryptocurrencies often created as jokes, referencing popular internet memes, meme culture, or characters. Unlike Bitcoin or Ethereum, meme coins usually lack practical value or revolutionary technologies, serving primarily as entertainment and community engagement tools. However, their high volatility, support from major personalities, and active communities can lead to rapid price surges.

Examples of Popular Meme Coins:
Dogecoin (DOGE): The first and most well-known meme coin, initially launched as a joke but later adopted by fans.
Shiba Inu (SHIB): A token that “killed” Dogecoin in terms of growth.
Bonk (BONK): A phenomenon on Solana.
Pepe (PEPE): Inspired by the internet meme Pepe the Frog.

Statistics: Meme Coins on the Rise
In recent months, meme coins have been the stars of the cryptocurrency market. Their popularity is skyrocketing, as evidenced by impressive trading volumes and widespread discussion in the crypto community.

Recent Meme Coin Growth Examples:
Shrub (SHRUB): +113,335% growth in the last month.
Nutcoin (NUT): +3,876%.
Peanut the Squirrel (PNUT): +1,949%.
Bertram The Pomeranian (BERT): +1,608%.
Fartcoin (FARTCOIN): +947%.
These numbers are not just impressive—they illustrate how quickly meme coin prices can change. However, like in a casino where some win and others lose, such growth comes with high risks.

Why Are Meme Coins Popular?
Volatility: Meme coins can grow by 1,000% overnight, attracting short-term traders seeking quick wealth.
Cultural Phenomena: Meme coins often become part of internet culture, especially if supported by famous personalities like Elon Musk, a Dogecoin advocate.
Community: Active communities often back meme coins, driving liquidity and attracting new investors.
Trends: Social media trends frequently propel meme coins like Shiba Inu or Bonk into the spotlight.
How to Create a Meme Coin That Stands Out?

The key to success is identifying existing market narratives and creating a meme coin that resonates. For example:
Lambo Meme Coin: A coin inspired by the crypto community’s dream of buying Lamborghinis.
Pepe Meme Coin: Based on the beloved internet meme, Pepe the Frog.
By tapping into popular trends and memes, such projects can quickly attract attention, leaving the market to do the rest.

The Technology Behind Meme Coins
Ethereum (ETH):
Ethereum is the platform where most meme coins operate. It supports smart contracts and token creation via the ERC-20 standard. With decentralized exchanges (DEX) like Uniswap and Sushiswap, meme coins are widely accessible for trading.

Popular Meme Coins on Ethereum:
Shiba Inu (SHIB): Market cap around $6.5 billion.
Pepe (PEPE): Inspired by Pepe the Frog.
Pikachu Inu (PIKACHU): Grew by 1,285% in a month.

Ethereum Statistics:
Trading volume: $500M–$1.2B daily for SHIB and PEPE.
Total meme coins: Over 10,000.
Solana (SOL):
Known for its high throughput and low fees, Solana attracts creators aiming for cheap transactions.

Popular Meme Coins on Solana:
Bonk (BONK): A favorite among traders.
Pikachu Inu (PIKACHU): A trending token in the community.

Solana Statistics:
Trading volume: $50M–$100M daily for Bonk.
Total meme coins: Over 5,000.
TON (The Open Network):
Developed by Telegram, TON is gaining attention among crypto investors. It’s becoming a hub for meme coins, with growing popularity among Telegram users.

Popular Meme Coins on TON:

NikolAI (NIKO): Linked to Pavel Durov’s brother and artificial intelligence.
Amocucinare (AMORE): A rapidly growing meme coin in the TON ecosystem.
LAMBO (LAMBO): Inspired by Lamborghinis but humorously represents a hamster that couldn’t afford one.

TON Statistics:
Trading volume: $10M–$20M daily for NIKO and AMORE.
Total meme coins with market caps over $1M: Around 30.

Conclusion
Meme coins are undoubtedly one of the most volatile and speculative parts of the crypto market. While they can generate significant short-term profits, they also carry high risks. Comparing meme coins across Ethereum, Solana, and TON reveals unique advantages for each blockchain:
Ethereum: The most established and liquid platform with a vast ecosystem and strong exchange support.
Solana: Low fees and high speed make it attractive for projects like Bonk.
TON: Experiencing rapid growth in mempads and active projects like PocketFi, Blum, and LAMBO.
For those interested in understanding the meme coin market and its impact, the interview mentioned provides a detailed look at successful cases and potential risks for investors.

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Money on Memes: Cryptocurrency That Skyrockets Overnight
« on: December 04, 2024, 05:28:56 PM »

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #1 on: December 04, 2024, 06:15:03 PM »
I'm a little curious how you were able to put all this information together yeah they are scattered across the web but putting it together like this may be a little tasky based on my speculation. Anyways meme coins are evolving rapidly and it's even up to the extent that literally anyone can pick up some funds , pay a couple of few tech bros and developers and boom you have a meme coin on board.

The rate at which scam meme coins are all over the crypto space is because they are very easy to create these days. Infact I think the only thing that could probably be an issue after launching them is how to promote them so you get many people to invest in them besides the more adoption you have sitting, the higher the target liquidity to be swept.
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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #1 on: December 04, 2024, 06:15:03 PM »

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #2 on: December 05, 2024, 06:06:14 AM »


Excited things happening in the memecoin sector under the expanding cryptocurrency industry is not anymore surprising. With the introduction of DOGE many years, the fence has had been opened for an avalanche of projects of the same nature, supposedly just jokes but because we all want to earn money the fast as possible they are now the speculative tools many people are using to get rich and make it big in the industry. The joke is now a very serious way to create wealth though there can be some who might question this as just another Ponzi type of a scheme but if things can be effective we can be sure that there can be more and in this bullish season and into 2025 so might as well expect a bigger flood of new memecoins entering the market like the sky is the limit or...maybe the moon!

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #3 on: December 05, 2024, 09:37:16 AM »
         -     Honestly, the content creators on youtube who make videos about the top meme coins under Solana, Base, Ton, all the memes they say are their perception,
which at the same time they are also promoting because they themselves have a hold on the meme coins they mentioned.

Even low caps they make content because they have a hold on them, they use their platform for them even if the price of the meme coins they mention increases,
that's all. It's up to you whether you believe them.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #4 on: December 07, 2024, 01:56:31 PM »
Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits.

This is the only benefit in which i always find out about memecoin to be used for an investment, they can quickly rise and at the same time fall to any length, if we can be among those to see a memecoin skyrocket overnight after placing our investment, then we are going to be more excited about them and want to do more, anyway, the opportunities are there as well as the risk for us to take altogether.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #5 on: December 12, 2024, 05:35:44 PM »
There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #6 on: December 12, 2024, 06:57:43 PM »
There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.

memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet.  investing on memecoins however has to be taken lightly.

not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #6 on: December 12, 2024, 06:57:43 PM »


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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #7 on: December 12, 2024, 09:51:13 PM »
Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits. This makes them appealing to speculators and traders seeking quick gains.

Long before cryptocurrency came to existence, people loves to do HYIP and MLM, It was an early-bird scenario where hype is the name of the game and people follow where the whales are putting their money.
These traders and developers transferred their activity to cryptocurrency because they knew speculators can manipulate the market because of its volatility, and those who have inside knowledge of the scheme can easily make money, and memes are the tools to create that hype for quick profit.
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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #8 on: December 13, 2024, 04:42:12 AM »
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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
I remember the recent Hawk Tuah coin that went up significantly a few minutes after it launched and after around 15-20 minutes, it dumped that hard that those who invested into it went all in and even invested their life savings, which is absolutely crazy, and now they're on the other side of their house thinking on why they did that thing. :D

That Hawk Tuah girl literally spitted on the thang on the investors of his coin... or did she create that coin at first place? Whatever the case is, this is the proof that meme coins can make somebody millionaire, but making more investors lose their money. Only few will become millionaire, but many will suffer by investing into these new meme coins. As much as possible, I want to avoid investing into new meme coins or if I will, I might spend a few bucks only.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #9 on: December 13, 2024, 07:40:11 AM »
This is the only benefit in which i always find out about memecoin to be used for an investment, they can quickly rise and at the same time fall to any length, if we can be among those to see a memecoin skyrocket overnight after placing our investment, then we are going to be more excited about them and want to do more, anyway, the opportunities are there as well as the risk for us to take altogether.
interesting you say that because other investors will say that the worst thing about memecoins is that they are so volatile and have no real life purpose which not only risks them losing money but also ruins the image of cryptocurrency or altcoins and makes it seem like all cryptocurrency is as useless as most memecoins and is seen as a scam

but you are right it is an opportunity regardless and we should never let an opportunity go pass

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #10 on: December 13, 2024, 03:33:59 PM »
There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.
Not even recovered at all.
Meme coins are coins where there is hype then everyone will start talking about it, even someone who doesn't know crypto starts to see the hype that is happening.

I can't deny that some people can get very extraordinary profits, but it's not for everyone, I mean it takes luck to get it all. I will not suggest and I will not forbid if someone is interested in memecoin, I just will remind them to always see the risks they will face.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #11 on: December 13, 2024, 03:35:34 PM »
There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.

memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet.  investing on memecoins however has to be taken lightly.

not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.

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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #12 on: December 18, 2024, 11:49:26 AM »
There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.

memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet.  investing on memecoins however has to be taken lightly.

not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.

In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.

So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #13 on: December 18, 2024, 07:18:44 PM »
There is a lot of hype about meme coin this year because everyone has already made good profits from several meme coins. So everyone thinks meme coins are not just about laughing anymore they are about life changing profits and exciting innovations. Moreover, most of the meme coins are succeeding with hype from play 2 earn games. Some say that meme coins are just marketing. I would not advise us to dive too deep into this as there is a big risk involved. Meme coin have a variety of strategies to expand their audience and attract new investors. However, once the price of a meme coin goes down then it takes a lot of time to recover.

memes are youth culture nowadays. not a day pass that you wouldn't see a meme anymore when you spend a minute on the internet.  investing on memecoins however has to be taken lightly.

not all of them are like Doge. we may see them having a nice price like PNUT but don't wait for bear market, there is no reason for memecoins when the bear market is here. while it can rocket so fast this time, the next time also it will shut fast.
Agree with you, most meme coins pump at rocket speed in the beginning and then come down suddenly. But there are many old meme coins whose prices are down and can still be bought because altcoins market will run with pump. For investors, meme coins present both an opportunity and a risk especially as economic uncertainties drive people towards alternative investments. Taking everything into consideration we can fight the investment of shot time. Even these men give highly speculative investments so investors cold lose most of their value if the happy dies down.

In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.

So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.

is there really a well versed investor in memecoins?

they sprout all o a sudden without anyone ever knowing it, you can only see them when the price has already rocketed to more than 500x over night.  if you happen to actually see that coming every time, i thin you could be  millionaire already without having to invest in BTC at all.

i tried buying some memecoin while it was new. i thought it would just be hyped and people will come to by them. didn't turned out right.  ;D despite how long i have been in crypto, i am not well verse as i thought i am.



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Re: Money on Memes: Cryptocurrency That Skyrockets Overnight
« Reply #14 on: December 18, 2024, 07:58:22 PM »
In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.

So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.
If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.
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