How reliable are memecoins?

[AlphaBeta]

I'm not sure what people make of memecoins generally as an asset, I know that a lot of people have made a lot of profits from coins like DOGE, SHIBA and even PEPE.

Personally, I'm down for it especially when we have projects that are not limiting themselves to just hype.

Think of the the Shiba Inu ecosystem, evolving beyond memes, with $SHIB, $LEASH, and $BONE driving governance, staking, and utility, and even more recently, TREAT supporting key initiatives like Shibarium, SHIB metaverse and offering rewards, that's even besides the launch pool on Bitget and gempool on kucoin.

In the end, I just think it's a lot better if we have a few more that transcends just social media hype and celebrity endorsement.

[Mia Chloe]

Meme coins are not investments as a result they should not be regarded as one or still they should not be viewed as assets too. Basically they are actually short term profit schemes and the fact is those that have a good understanding of the ecosystem and also good information from reliable sources are those that actually benefit the most from them .

you seldom find a real investment or asset that would hold up a good price for long going basically 10X it's initially value in just a couple of days or hours of launch. The problem is how easily liquidity comes in and how easily it's pulled out too.

[yhiaali3]

Yes, except for Shiba Inu, we don't have any memes that have a project, so we can't consider meme coins as an asset to hold for the long term.

They are basically coins that have no real value other than for speculation, some people buy them when there is hype around a meme coin and then quickly get rid of them when the hype dies down, so I doubt any investor would hold meme coins for the long term. Except maybe Doge, Pepe, and Shiba Inu.

[Crwth]

If you mean reliable in the sense that you could profit from it, it's not. If you mean that as a community to be with and the people supporting it, it can be a good community. I see meme coins as something you could be a part of and find something that would be the same for your mentality, like supporting DOGE just because it's a meme coin, making it evident that no one is trying to profit from it at the start. The developers are just having fun. Right now, it's a different stage because some use it to get quick money.

[LogitechMouse]

What do you mean when you say reliable?

Most of the meme coins are just for speculation (well, just like other coins too), and it isn't advisable to hold them for the long term unless you're ready to lose money just in case things go south. Most of the meme coins especially those below top 100 doesn't have any use case at all. It's good that SHIB is creating an ecosystem around it, and just to mention, FLOKI is also creating a game around it.

[bitterguy28]

I'm not sure what people make of memecoins generally as an asset, I know that a lot of people have made a lot of profits from coins like DOGE, SHIBA and even PEPE.

Personally, I'm down for it especially when we have projects that are not limiting themselves to just hype.

maybe in the future when memecoins have sorted themselves out and stopped becoming quick money grab schemes but right now i feel like people are still looking at memecoins with the purpose of getting money quick and nothing more so they do not hold memecoins for a long time 

In the end, I just think it's a lot better if we have a few more that transcends just social media hype and celebrity endorsement.

i agree but also it is difficult to get rid of the very exact thing that created memecoins they exist because of social media and they continue to be relevant because of it as well

[Mr. Magkaisa]

           -     Among the meme coins that we can say are in the top listing here in the crypto space, it can be said that many holders are buying them like Pepe, Shib, Doge, Floki, and others. And the majority of investors are probably only in it for the short term, I think.

And in the long term, I think they are focused on Doge, Shib, Pepe, and Floki, because these are the meme coins that can be said to be really going to be released when the massive rally or altcoin season comes.

[JoyMarsha]

As a lot of people have made profits from memecoins, that's the same way many people have been experiencing loss of investment from memecoins, those who thought memecoins to be long term investment plans while it should be for short term.

Although just few memecoins
Like Dogecoin, pepecoin, and Bonk, Shiba Inu has managed to build strong communities and maintain a good marketing value over time. Many in the same vein are perceived as a scam as they disappear from the market, leaving many investors with a loss of investors

[AMEBOIBADAN]

I'm not sure what people make of memecoins generally as an asset, I know that a lot of people have made a lot of profits from coins like DOGE, SHIBA and even PEPE.

Personally, I'm down for it especially when we have projects that are not limiting themselves to just hype.

Think of the the Shiba Inu ecosystem, evolving beyond memes, with $SHIB, $LEASH, and $BONE driving governance, staking, and utility, and even more recently, TREAT supporting key initiatives like Shibarium, SHIB metaverse and offering rewards, that's even besides the launch pool on Bitget and gempool on kucoin.

In the end, I just think it's a lot better if we have a few more that transcends just social media hype and celebrity endorsement.

I couldn't agree more! The evolution of memecoins beyond just hype and celebrity endorsements is a game-changer. Projects like Shiba Inu, which have developed a robust ecosystem with real utility and governance, are setting a new standard. It's exciting to see innovation and substance driving the space, rather than just speculation and hype. Also thinking of participating in a launchpool and get to share $TREAT.



Let's hope more projects follow suit and bring real value to the table!

[bitterguy28]

Although just few memecoins
Like Dogecoin, pepecoin, and Bonk, Shiba Inu has managed to build strong communities and maintain a good marketing value over time. Many in the same vein are perceived as a scam as they disappear from the market, leaving many investors with a loss of investors

this is why generally memecoins are not well accepted anymore a few memecoins out of hundreds possibly thousands of projects is not a good ratio and does not bode well for the entire community because the majority does not serve any purpose it makes it seem like nothing does and the chance of finding a good memecoin among many others is quite slim

[TomPluz]

As for me, memecoins seem like a gamble though there can be more chances of making money here than compared to the usual gambling options and that can be the reason why memecoins continue to make a mark in the cryptocurrency industry. Like gambling, there will be people that get the success they are looking for in terms of returns and there are those who unfortunately supported failed or stagnant projects. I hope there can be a study on what is percentage of success in memecoins compared to getting involved with other investment vehicles so we can found out the odds involved here. In 2025, memecoins will continue to dominate the chart with some projects that can be considered as breakaway while many other just died on the road to the meeting place.

[salad daging]

That meme coin you mentioned has risen over 1000% and now you want to invest? It's a bit risky even though some meme coins have utility in development now.
I don't do memecoins anymore except for the last one in doge which had a 2x profit which was good enough.
But now it's not reliable anymore and will focus on something else.

[vegasus]

How reliable?
If the problem is whether it is reliable or not, we can't seem to determine it with certainty. Because after all, usually the development of meme coins is really based on the community which is usually associated with FOMMO and hype. As long as the meme coins are still hype and many communities reach them, then the possibility of surviving is still good. but otherwise, it will easily burn out. oh yeah, for meme coins themselves, it can be one of the quick ways to make money from the hype of meme coins. but on the other hand, this is also one of the quick ways to spend money because it is so easy for meme coins to turn around and make us lose. so, it also depends on how prepared we are to use meme coins and how prepared we are before entering to meme coins.

[TomPluz]

How reliable? If the problem is whether it is reliable or not, we can't seem to determine it with certainty. Because after all, usually the development of meme coins is really based on the community which is usually associated with FOMMO and hype.

I think the biggest problem with memecoins from the standpoint of small and new investors is that we usually hear and even celebrate those that make it while forgetting to even mention the so many, many other projects that just left or those who don't make it to the success stage. And yes, there are so many of them out there...in one estimate more than 90% of new memecoins will eventually fade and that means those who supported them lost money. In the past, I got somehow (though not really seriously) involved with HYIP (high yield investment program) and now I am seeing some big similarities between the two.

[hugeblack]

memecoins as a package have had successes but each one has been seasonal and the long term trend is a continuous decline so even DOGE, SHIBA and even PEPE are not all bullish long term investment models so you will need to be lucky to make consistent profits.