A Memecoin No More?

[Rubel007]

It has received criticism from many parties so that many countries have begun to block pump.fun.

This is the reason why I never support memes; there are a lot of bad things about memes, and this platform makes it possible to manipulate the meme market.
I consider memes as one of the bad sides of the cryptocurrency industry. So many people have been deceived and lost a lot of money, and so many entities have been exploited by its developers, so its better to stay away from investing in memes.

I definitely agree with you. Most of the people have lost their investment in these meme projects. Those who created the project they make it hype and increased the price of the coin in the market and later sold it and took high profits and those projects have been killed forever. Their job is to launch a new project and in this way they cheat and withdraw money from all the ordinary investors. That is why investors are advised not to invest in such meme projects. Those who cannot control their greed will lose their investment.

[debra]

It has received criticism from many parties so that many countries have begun to block pump.fun.

This is the reason why I never support memes; there are a lot of bad things about memes, and this platform makes it possible to manipulate the meme market.
I consider memes as one of the bad sides of the cryptocurrency industry. So many people have been deceived and lost a lot of money, and so many entities have been exploited by its developers, so its better to stay away from investing in memes.

I definitely agree with you. Most of the people have lost their investment in these meme projects. Those who created the project they make it hype and increased the price of the coin in the market and later sold it and took high profits and those projects have been killed forever. Their job is to launch a new project and in this way they cheat and withdraw money from all the ordinary investors. That is why investors are advised not to invest in such meme projects. Those who cannot control their greed will lose their investment.

Because FOMO towards meme coins is still very large and often occurs, especially for newcomers, who see promotions or advertisements on social media, towards various hypes spread by promotions, buzzers, armies, and others. Especially during this cycle, the meme coins is very popular. With the hype of meme coins, there are many developers who want to have new projects of meme coins. But this new meme coins is very risky for the beginners.

[Mr. Magkaisa]

Yes, those type of meme coins appear mostly on Solana blockchain, most probably on platform like Pump.fun, those who want to lose their money should consider investing on those useless meme coins. They hold no real world value but are created by scammers who get so much money from innocent investors or in exact words from greedy investors.

Pump.fun really became a nest for memecoin scammers who only made memecoins and then sold them when many people started to enter.
There are many cases that were sensational in the pump.fun because it became a live streaming venue that was quite brutal, even showing violence and planning of murder and exploitation of children, etc.

It has received criticism from many parties so that many countries have begun to block pump.fun.

          -     Until now, pumpfun is still infested as far as I know, and what I don't understand is why until now there are still many people who are thinking of gambling to win the jackpot on meme coin even though they know that many people have been fooled by it.

We can't blame them for the difficulty in making money in this era, but we can only feel sorry for them because they have no awareness in the crypto space that we are living in now. I hope they come to their senses and learn from the mistakes of others here.

[sampoerna]

          -     Until now, pumpfun is still infested as far as I know, and what I don't understand is why until now there are still many people who are thinking of gambling to win the jackpot on meme coin even though they know that many people have been fooled by it.

We can't blame them for the difficulty in making money in this era, but we can only feel sorry for them because they have no awareness in the crypto space that we are living in now. I hope they come to their senses and learn from the mistakes of others here.

There are several conditions that may be causing, why are there still many people who really like to enter new project memes that are about to be listed and why are there still many people who think they will get a jackpot when investing in this meme coin, even though it's like gambling.

- Maybe they have really gotten extraordinary results from their experiments or activities investing in meme coins, so it's like an addiction and they want more to get meme coins that are really worth it according to them.
- Or they only see the success of people who seem to get a jackpot for meme coins and manage to get super high returns from meme coins.
because we often see posts or typing about their success from meme coins.

[Hamza2424]

I'm not sure what Forbes say's and what others think about memecoins. according to me, every memecoin except those that changed their path of memecoin to a gaming coin, like floki and some other are shit coins and will always be shit coins.

Those who trade memecoins are not traders, are gamblers. there are some exceptions to this statement, like for memes that are already pretty decentralized with maximum holders and have a decent historical timeline, such as doge, at least a timeline of 1 cycle survival.

[Z-crypt]

Seriously, i don’t think a memecoin can change or level up to an altcoin because firstly, it’s certain the developers would have gained profits from launching the memecoin already and can never think of adding utility to the token, they won’t see the need for that.

 Dogecoin is still not tagged a alt despite its long term success so definitely a meme coin that was created randomly can never be level up.

[Aanuoluwatofunmi]

Not every memecoins we should consider if we want to make profits and still take some money home, because these memes are highly volatile, and we know by the virtue of what volatility means, such could dump or rise at anytime and we shouldn't risk much of our investment assets on them, because of the high risk associated with investment on memecoins, except we can afford to when we already know how the market runs.

[Bobcrypto]

Memecoins are profitable, despite the risk involved in them, they can make anyone turned a fortune overnight a d all that is required is to invest on a single meme that will change ones entire life story for good, however, we should also remember that at the same time, it constitutes a huge amount of risk in which we are more likely to lose than to make profits from it, because of their high volatility and hype which the investors rendered to them in their categories.

Meme coins are not profitable, they are nothing but losses. In 100 meme coins that are listed on pump.fun everyday, only 2 of them get the profits and most are insider coins. The rest are just shitcoins that get rugged immediately upon listing, with that can we really say meme coins are profitable? They are not in my opinion.

Try and review some of the meme coins that Binance has listed in the last 1 year, none of them has made all time high and many of them are dead, some are looking like they are not having team but they are chilling with the profits made with another plans on mind to rugged another project.

Despite the fact that some of us has little or no knowledge of how these memecoins works, meme has its good and bad sides, it depends on individuals experience on meme coins.
The good side of meme coins depends on how early you started investing on few notable meme like the Dogecoin, shibainu, Pepe. These meme coins has proven to be reliable and has gained huge popularity, strong marketcap, good trading volume and investors supports.

The bad side of meme coins depends on individuals capacity to identifying the pump and dump meme coin out there like the Trump meme, maga meme coins and so many others that has vanished away.
As a matter of facts, if you must invest on these meme coins, invest based on their performances on the coinmarketcap platform. Do not invest because of hype or speculations. Cary out a proper research of the newly listed Meme coins before investing, because there are too many fake meme coin out there plus scammers waiting to take advantage of the meme coins frenzy scam investors.

[bisdak40]

Yeah, for me If a memecoin starts offering real and useful features that people actually use and like, it can grow beyond just being a “joke coin.” Once it has real utility, it’s not just about hype anymore it becomes something with real value. People might still call it a memecoin because of how it started, but it can definitely be taken more seriously in the crypto world.

[CPalmer]

Yeah, for me If a memecoin starts offering real and useful features that people actually use and like, it can grow beyond just being a “joke coin.” Once it has real utility, it’s not just about hype anymore it becomes something with real value. People might still call it a memecoin because of how it started, but it can definitely be taken more seriously in the crypto world.

Definitely!! If a memecoin upgrades to having utility, it will grow beyond the shitcoin tag, i also think about it sometimes if memecoins can actually grow to be called an altcoin. Then, when I think about the level at which Doge and Shiba Inu are right now, I conclude it’s impossible.

[JoyMarsha]

Now, am just curious, if a memecoin will be introducing good and viable utility use-cases and that the market of users will appreciate, can it level up and not anymore be categorized as a memecoin?

Well, if a meme coin isn't a joke then we should not call it a meme coin but an Alt coin. And, to be honest most meme coins aren't joke these days, they are created with some intention and that's to steal money from investors and that's a reality.

I still believe that Doge Coin is way better than most other meme coins as it offers much more than most meme coins, especially it's 100x better than those Solana based meme coins.

You are correct. I see no reason why a coin will be called a memecoin when it ceases not to have joke utility in it. Memecoins mostly have joke utility, they have no other features other than that.

The main reason why memecoins are invoke in the crypto space is because that the easy way to siphon people's money. The majority of investors want quick gains, memecoins offer that to them as pump and dump

[albon]

Definitely!! If a memecoin upgrades to having utility, it will grow beyond the shitcoin tag, i also think about it sometimes if memecoins can actually grow to be called an altcoin. Then, when I think about the level at which Doge and Shiba Inu are right now, I conclude it’s impossible.

The future of meme coin is very dark and almost all investors are now disappointed with meme coin investment. We have been enjoying the hype of meme coin for quite some time especially the Telegram gaming project. However, with the change of time the meme coin has now been tagged as a scam. Crypto memecoin is losing funds quickly so don't invest in this meme coin with disappointment. You can also call meme coin a scam as well as a shitcoin. You will only get angry about meme coin investment when you repeatedly lose money from meme coin investment.

[Aanuoluwatofunmi]

Definitely!! If a memecoin upgrades to having utility, it will grow beyond the shitcoin tag, i also think about it sometimes if memecoins can actually grow to be called an altcoin. Then, when I think about the level at which Doge and Shiba Inu are right now, I conclude it’s impossible.

The future of meme coin is very dark and almost all investors are now disappointed with meme coin investment. We have been enjoying the hype of meme coin for quite some time especially the Telegram gaming project. However, with the change of time the meme coin has now been tagged as a scam. Crypto memecoin is losing funds quickly so don't invest in this meme coin with disappointment. You can also call meme coin a scam as well as a shitcoin. You will only get angry about meme coin investment when you repeatedly lose money from meme coin investment.

We should understand this with memecoins, that they can make one rich at the shortest time and still make someone go on loss at the same shortest time, anyone interested in making an investment in them should be able to take risk in them, if we think we can afford on the risk to invest in them, we can always consider them and invest, because it have a lot needed to be in place before we can invest and quickly sell before we run loss as the market goes against us.

[36B]

Definitely!! If a memecoin upgrades to having utility, it will grow beyond the shitcoin tag, i also think about it sometimes if memecoins can actually grow to be called an altcoin. Then, when I think about the level at which Doge and Shiba Inu are right now, I conclude it’s impossible.

The future of meme coin is very dark and almost all investors are now disappointed with meme coin investment. We have been enjoying the hype of meme coin for quite some time especially the Telegram gaming project. However, with the change of time the meme coin has now been tagged as a scam. Crypto memecoin is losing funds quickly so don't invest in this meme coin with disappointment. You can also call meme coin a scam as well as a shitcoin. You will only get angry about meme coin investment when you repeatedly lose money from meme coin investment.

We should understand this with memecoins, that they can make one rich at the shortest time and still make someone go on loss at the same shortest time, anyone interested in making an investment in them should be able to take risk in them, if we think we can afford on the risk to invest in them, we can always consider them and invest, because it have a lot needed to be in place before we can invest and quickly sell before we run loss as the market goes against us.

Some meme coins are known for great profits, yet the nature of investments in such currencies also implies great losses. However, you have to be prepared to the great uncertainty if you are going to venture into them. The meme coin market is very volatile and if one does not have a plan prepared, the investment can be gone in no time. It is therefore important to very well assess the risks that accompany the extent of participating in this market. If so, ensure you are aware when to exit, or the amount of capital that you can in a position you are not prepared to lose. Reading the hidden meanings of this saying, it will help me be ready for any disappointment since life is unpredictable.

[CPalmer]

Definitely!! If a memecoin upgrades to having utility, it will grow beyond the shitcoin tag, i also think about it sometimes if memecoins can actually grow to be called an altcoin. Then, when I think about the level at which Doge and Shiba Inu are right now, I conclude it’s impossible.

The future of meme coin is very dark and almost all investors are now disappointed with meme coin investment. We have been enjoying the hype of meme coin for quite some time especially the Telegram gaming project. However, with the change of time the meme coin has now been tagged as a scam. Crypto memecoin is losing funds quickly so don't invest in this meme coin with disappointment. You can also call meme coin a scam as well as a shitcoin. You will only get angry about meme coin investment when you repeatedly lose money from meme coin investment.

We should understand this with memecoins, that they can make one rich at the shortest time and still make someone go on loss at the same shortest time, anyone interested in making an investment in them should be able to take risk in them, if we think we can afford on the risk to invest in them, we can always consider them and invest, because it have a lot needed to be in place before we can invest and quickly sell before we run loss as the market goes against us.

Some meme coins are known for great profits, yet the nature of investments in such currencies also implies great losses. However, you have to be prepared to the great uncertainty if you are going to venture into them. The meme coin market is very volatile and if one does not have a plan prepared, the investment can be gone in no time. It is therefore important to very well assess the risks that accompany the extent of participating in this market. If so, ensure you are aware when to exit, or the amount of capital that you can in a position you are not prepared to lose. Reading the hidden meanings of this saying, it will help me be ready for any disappointment since life is unpredictable.

Yeah, a meme coin trader should know when to take profits and avoid being greedy, I’ve seen some traders who made gains but ended up in lose because they want more profits. That’s why a trader should be able to control their emotions.