Is memecoins dead?

[albon]

Meme coins are created for FUN, there is nothing serious in Meme coins, there is no utility and no meaningful development, so it is natural that Meme coins will die in a few weeks.
It is better for us to avoid Meme coins because all of that is just a game of those who have large funds to divert every trade with volume at the beginning and after that they run away by removing LP or selling all coins owned by their core team.

Agree, because many people have lost money from meme coin in this year and many have held for years and still have no chance of profiting from meme coin. So no one wants to believe in a meme coin easily yet and everyone thinks that it doesn't change everyone's fortune. Over the past year the meme coin projects have dominated the crypto market, driven by hype and internet culture. However, it seems investors are increasingly focusing on projects with real world value so the dust is settling.
Internet trends the excitement of making quick money, and the way people think and behave are responsible for the rise of meme coins. These coins are like an inside joke on the internet where everyone can join.

[$crypto$]

Meme coins are created for FUN, there is nothing serious in Meme coins, there is no utility and no meaningful development, so it is natural that Meme coins will die in a few weeks.
It is better for us to avoid Meme coins because all of that is just a game of those who have large funds to divert every trade with volume at the beginning and after that they run away by removing LP or selling all coins owned by their core team.

Agree, because many people have lost money from meme coin in this year and many have held for years and still have no chance of profiting from meme coin. So no one wants to believe in a meme coin easily yet and everyone thinks that it doesn't change everyone's fortune. Over the past year the meme coin projects have dominated the crypto market, driven by hype and internet culture. However, it seems investors are increasingly focusing on projects with real world value so the dust is settling.
Internet trends the excitement of making quick money, and the way people think and behave are responsible for the rise of meme coins. These coins are like an inside joke on the internet where everyone can join.

And for some people to penetrate is a game, where they just fad creating this coin. The reason is launching the meme coins especially those in the Solanabegi network is easy and also cheap.

But on the other hand there are still many who are interested in investing in the meme coin, so that when someone is interested then at that time the meme coin will continue to exist and even launched every day.

[Mia Chloe]

Is memecoins dead now? Because with what we have seen so far in the hands of $Trump and $MELANIA people are not interested in it again.

Well in my opinion there's actually a very high chance that you seem to view the whole concept like this because of probably something related to your ambient circle. However speculations like this should be done based on statistics and not just your ambient circle since if you compare them individually you will find out that they will likely not match up.

If you go on big platforms like X you still find a ton of crowd driven by the say altcoins you seem to think people are less interested in.

[bitterguy28]

If you go on big platforms like X you still find a ton of crowd driven by the say altcoins you seem to think people are less interested in.

actually another platform i see that people who still believe in memecoins or new altcoins is telegram

if you see there are still telegram groups with members who speculate on altcoins and newly launched projects they are still very much active about finding good projects and spreading it over the community

[Aanuoluwatofunmi]

Is memecoins dead now? Because with what we have seen so far in the hands of $Trump and $MELANIA people are not interested in it again.

Memecoins are not dead and that we had a worst experience from how Trump and Melania coins were being manipulated doesn't mean that other memecoins will also go the same pattern, people are more interested on hypes and this is where the profits and risk lies, we cannot afford to have memecoins without the mention of hype because they used this mostly to generate their traffic and pumps for a coin before dumping it.

[Gurujebs]

actually another platform i see that people who still believe in memecoins or new altcoins is telegram

if you see there are still telegram groups with members who speculate on altcoins and newly launched projects they are still very much active about finding good projects and spreading it over the community

There are people that still think XRP will be going to $100, if such people can dream like this and have hope on coin that has not pass all time high since launching, then you have to understand that people are having high expectations on meme coin have every reason to think like that but as for me, they are very profitable for shorting.

Meme coins that I think might do well are only the ones that are probably going to be launched new and people that bought before listing, immediately after listing they will become paralyze just like the previous ones, flat without any volume.

[bayu7adi]

actually another platform i see that people who still believe in memecoins or new altcoins is telegram

if you see there are still telegram groups with members who speculate on altcoins and newly launched projects they are still very much active about finding good projects and spreading it over the community

There are people that still think XRP will be going to $100, if such people can dream like this and have hope on coin that has not pass all time high since launching, then you have to understand that people are having high expectations on meme coin have every reason to think like that but as for me, they are very profitable for shorting.

Meme coins that I think might do well are only the ones that are probably going to be launched new and people that bought before listing, immediately after listing they will become paralyze just like the previous ones, flat without any volume.

Eventually, the era will end when everyone starts to realize that the short game is no longer worth it to work on... such an investment model will only damage the community in the short term... investing with a mechanism, who is the fastest to win, is an investment that cannot be promised for its use case or long term...

That sad fact should immediately be a reason for memecoin not to be a place to get instant coins, the concept of memecoin as a funny coin is now extinct, only DOGE and top meme coins are still strong and good memecoins to have.

[Ojima-ojo]

Many people believe that meme coins are dead but still, we have to be clear with something about hype, just like the ICO, IEO and metaverse and the rest of the past hype, they can't be completely dead for whatever reason, even though the majority of them turned out to be a scam, a lot remains in the market and are doing well, so for that we can't make a concluding statement that memetics is dead.

[Mr. Magkaisa]

Meme coins are created for FUN, there is nothing serious in Meme coins, there is no utility and no meaningful development, so it is natural that Meme coins will die in a few weeks.
It is better for us to avoid Meme coins because all of that is just a game of those who have large funds to divert every trade with volume at the beginning and after that they run away by removing LP or selling all coins owned by their core team.

Agree, because many people have lost money from meme coin in this year and many have held for years and still have no chance of profiting from meme coin. So no one wants to believe in a meme coin easily yet and everyone thinks that it doesn't change everyone's fortune. Over the past year the meme coin projects have dominated the crypto market, driven by hype and internet culture. However, it seems investors are increasingly focusing on projects with real world value so the dust is settling.
Internet trends the excitement of making quick money, and the way people think and behave are responsible for the rise of meme coins. These coins are like an inside joke on the internet where everyone can join.

      -       Even though many communities in cryptocurrency are losing funds due to investing in hyped meme coins, many still continue to buy these memes. How can we say that meme coins are dead if many people are still interested in investing in them? Right?

We can clearly see that especially during this bull season, meme coins are very much alive and well, that's why thousands of meme coins are being created every day, we investors just need to be vigilant and smart.

[albon]

Many people believe that meme coins are dead but still, we have to be clear with something about hype, just like the ICO, IEO and metaverse and the rest of the past hype, they can't be completely dead for whatever reason, even though the majority of them turned out to be a scam, a lot remains in the market and are doing well, so for that we can't make a concluding statement that memetics is dead.

Very true
The term meme season was adopted to celebrate the huge price surges of meme coins. But now it seems to be coming to an end because the most of these coins have fallen by 30% and are currently the ones suffering the most.
After dominating the market for several weeks the price of meme coins has stopped rising. Moreover, any hype is sustainable until a scam project emerges. As soon as any trend starts the crypto market is most affected by it and the trend is there until the investor is in the market for profit.

[kai]

Is memecoins dead now?

Not entirely meme coins will die because some meme coins also have very solid utilities and are widely used by all cryptocurrency communities.
A simple example is the Doge coin which was originally a meme coin but over time, Doge has shifted not only to being a meme coin because the utilities of this Doge coin are very numerous.

Because with what we have seen so far in the hands of $Trump and $MELANIA people are not interested in it again.

That's because the meme coin of $Trump and $MELANIA is a coin that was created only to support them, there is no utility and it was only created because of FOMO.
So, it's natural that the coin of $Trump and $MELANIA dumps or its price drops so quickly.

[taufik123]

Not entirely meme coins will die because some meme coins also have very solid utilities and are widely used by all cryptocurrency communities.
A simple example is the Doge coin which was originally a meme coin but over time, Doge has shifted not only to being a meme coin because the utilities of this Doge coin are very numerous.

DOGE is the beginning of all the memecoins that have emerged today and are on top, but they can't be compared to the SOLANA network memecoin that will only end up being garbage.

But you're right, some memecoins will survive if they have good utility and are useful, and with the support of developers who continue to develop their projects, as well as a solid and strong community.
I still hold a memecoin with a strong community and very optimistic developers, it's only a matter of time before it goes up and reaches a new ATH.

[albon]

That's because the meme coin of $Trump and $MELANIA is a coin that was created only to support them, there is no utility and it was only created because of FOMO.
So, it's natural that the coin of $Trump and $MELANIA dumps or its price drops so quickly.

My friend was very excited to buy trump coins when the price of the coin was around $65 and I stopped him many times so he didn't get big loss.
There are very few investors who were able to seize the FOMO opportunity and they made good profits from the trump coin. With so much hype surrounding the trump coin and FOMO is taking a toll on investors. The idea of ​​tying a meme coin to a polarizing figure like donald trump has generated a lot of interest. Even the idea of ​​tying a meme coin to a polarizing figure like Donald Trump has generated widespread interest.

[Bobcrypto]

Is memecoins dead now? Because with what we have seen so far in the hands of $Trump and $MELANIA people are not interested in it again.

Meme coins is not dead and despite the dumps of Trump and Melenia meme tokens, Meme projects are still being launched, though there may be low hype at certain periods but memes are not dead.
The easiest project that developers can easily bring into the crypto market is Meme projects, and obviously, many of them are pumps and dumps scheme. It is advisable to search property before investing.

[Mia Chloe]

Meme coins is not dead and despite the dumps of Trump and Melenia meme tokens, Meme projects are still being launched, though there may be low hype at certain periods but memes are not dead.

The fact is I actually like to put it as the scheme for meme coins have actually come to stay. This is because if you look very closely as the crypto space today there are just a handful of enthusiasts out there simply because everyone is profit minded including the developers of these tokens and coins themselves.

The rate at which short term and quick profit is demanded in the crypto market these days portrays the obvious fact meme coins leaving would be nearly impossible.