How reliable are memecoins?

[sampoerna]

Before seeing how reliable meme coins are, I will first be aware of how capable my ability is to analyze meme coins and take advantage of opportunities to profit from meme coins. Honestly, so far, I personally still can't determine the most appropriate way that I can do to optimally get profits from meme coins.

However, for some other people, they seem to be very familiar with the meme coins process and get a lot of profits, even many times over easily from meme coins. Because of their ability to analyze, because of their experience, and the various things they have gone through in meme coins. While for me or people who are not familiar with meme coins, I am sure they will always think that this will not be reliable and will be more complicated and higher risk.

[bitterguy28]

Honestly, so far, I personally still can't determine the most appropriate way that I can do to optimally get profits from meme coins.

there is honestly no perfect way to determine the perfect memecoin to profit off of from i do think that a lot of it has to do with luck and timing so that is something you should focus on: your timing it’s very crucial when it comes to making profits from memecoins

However, for some other people, they seem to be very familiar with the meme coins process and get a lot of profits, even many times over easily from meme coins.

they are the ones who are just well knowledgeable about all memecoins out there on social media platforms on telegram and etc they are updated which is why they can see which ones seem to have the best potential

[MUGNIA]

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.

I agree meme coins are not coins to invest in except doge in my opinion where doge coins are the oldest meme coins and were once an alternative coin for withdrawals between exchanges where doge sending fees used to be the cheapest compared to others

[Report]

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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.
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I would choose SHIBA as a reliable Meme coin because SHIBA has a lot of ecosystems that you mentioned. Among the famous SHIBA ecosystems are $SHIB, $LEASH, and $BONE and all three ecosystems are very vital for SHIBA's independence in the future.
DOGE can survive like this because it is the first Meme coin and Pepe may soon be extinct because Pepe is a Meme coin that has absolutely no utility, even though Pepe's market cap is very large but I'm not sure if Pepe can survive the high market for long.

[Mr. Magkaisa]

        -      I just noticed that since 2023 til now the meme coins has been so popular, and many millions of crypto communities have been discouraged due to meme coins that are read and known to have suddenly been trending in the crypto market.

And this lately the Trump Coin suddenly came to an end if I was not mistaken which would congrats to those who had earned a lot of it, and for sure there would be some more.

[Stompix]

-∞, that's how much thy are.

Meme coins are by definition the opposite of reliable, they are born out of trends and hype, when that goes down so goes the coin.
The only way for them to survive is to actually become useful, like doge did, cheap coin that are easy to transfer and accepted everywhere, but once that happens, they are technically no longer meme coins.

[sampoerna]

Honestly, so far, I personally still can't determine the most appropriate way that I can do to optimally get profits from meme coins.

there is honestly no perfect way to determine the perfect memecoin to profit off of from i do think that a lot of it has to do with luck and timing so that is something you should focus on: your timing it’s very crucial when it comes to making profits from memecoins

However, for some other people, they seem to be very familiar with the meme coins process and get a lot of profits, even many times over easily from meme coins.

they are the ones who are just well knowledgeable about all memecoins out there on social media platforms on telegram and etc they are updated which is why they can see which ones seem to have the best potential

Of course, there are no perfect ways, that's why I'm looking for the most appropriate way, and of course, "appropriate" here may also be different for each person. And because emme coins are high risks with uncertainty, there is indeed no perfect way to always get profits, there will definitely be a risk of losing or only a little profit.

Well. meme coins do look promising when we see those who harvest profits in large amounts, because of their abilities, their habits, the results of their analysis and efforts, and maybe also their luck to optimize the chance, so they managed to get big profits from meme coins.

[Bobcrypto]

-∞, that's how much thy are.

Meme coins are by definition the opposite of reliable, they are born out of trends and hype, when that goes down so goes the coin.
The only way for them to survive is to actually become useful, like doge did, cheap coin that are easy to transfer and accepted everywhere, but once that happens, they are technically no longer meme coins.

Memecoins are designed as a joke coin, funs and excitement. However, in recent times memecoins has suddenly become investors and traders choice, and there are hype and heavy promotions by individuals through speculations.
I think that many meme coins  has made some success with good marketcap, and daily trading volumes. meme like Dogecoin, Shibainu, Pepe are doing great, probability more meme like the new Trump meme may compete with the old meme coins in near future.

[debra]

I agree meme coins are not coins to invest in except doge in my opinion where doge coins are the oldest meme coins and were once an alternative coin for withdrawals between exchanges where doge sending fees used to be the cheapest compared to others

Doge is a pioneer of meme coins, before the hype, Doge already had many communities, and this coin is also often used for transactions and also prizes for various programs. However, since Doge hype, there have been many meme coins, almost every day there is a new meme coin. and the process is the same, hype first, then drop. that's why if there are still those who believe in investing in meme coins for the long term, this is a very high risk taker, and maybe lack of experience. because meme coins are really only for the short term, you have to really quickly take the profit, it will be difficult if the price drops.

[bayu7adi]

I agree meme coins are not coins to invest in except doge in my opinion where doge coins are the oldest meme coins and were once an alternative coin for withdrawals between exchanges where doge sending fees used to be the cheapest compared to others

Although it is not a planned use case by the DOGE #DevelopmentTeam , it is also one of its benefits... we can see now that DOGE is the number one memecoin and the hype about memecoins always brings DOGE in a positive direction...

DOGE has a strong identity, so its existence can be compared to other topcoins... as long as DOGE still exists, then memecoins will remain reliable

[Mr. Magkaisa]

I agree meme coins are not coins to invest in except doge in my opinion where doge coins are the oldest meme coins and were once an alternative coin for withdrawals between exchanges where doge sending fees used to be the cheapest compared to others

Although it is not a planned use case by the DOGE #DevelopmentTeam , it is also one of its benefits... we can see now that DOGE is the number one memecoin and the hype about memecoins always brings DOGE in a positive direction...

DOGE has a strong identity, so its existence can be compared to other topcoins... as long as DOGE still exists, then memecoins will remain reliable
[/quote

         -      Dogecoin is one of the pioneering meme coins in the crypto space and that is one of the biggest advantages and benefits of Doge compared to other meme coins. Because when it comes to communities, there are really a lot of communities for Doge, that's what I found according to my research.

I also collect it honestly speaking, but the majority of what I do with dca are Bonk, Pepe and shib, then there are also some other meme coins like Not, Dogs, Floki, and Aidoge and let's include Babydoge first.

[MUGNIA]

I agree meme coins are not coins to invest in except doge in my opinion where doge coins are the oldest meme coins and were once an alternative coin for withdrawals between exchanges where doge sending fees used to be the cheapest compared to others

Although it is not a planned use case by the DOGE #DevelopmentTeam , it is also one of its benefits... we can see now that DOGE is the number one memecoin and the hype about memecoins always brings DOGE in a positive direction...

DOGE has a strong identity, so its existence can be compared to other topcoins... as long as DOGE still exists, then memecoins will remain reliable

This strong community is what makes Doge survive until now, Doge's existence is comparable to top coins, no matter what rank, I don't hesitate to save my Doge until it reaches $1

[electronicash]

we may not look at these memecoins as investment but theie value actually grow higher as time goes like that doge. Shib also go up over time. 

If you are questioning about Trump coin, there isn't something on it but its supported by preside t though. how else can it have value but the words of the highest official.

[Stompix]

I think that many meme coins  has made some success with good marketcap, and daily trading volumes. meme like Dogecoin, Shibainu, Pepe are doing great, probability more meme like the new Trump meme may compete with the old meme coins in near future.

Don't compare doge with the others.
Doge has its own chain, it's minable, it didn't have an ICO, it was free to mine right from the start, there was no presale, it's cheap easy to transact it doesn't get affected by the traffic on the other chain, it's accepted almost everywhere, essentially Doge is just Bitcoin with a few changes.

[Rruchi man]

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.

Regardless of the profit that has been made from mem coins, we still have to be careful with them because they are not as reliable as bitcoins and may not be the best option for recomendation to a newbie who is looking for what to invest in.