Meme Coins Are Blowing Up in 2024 with a Huge $93 Billion Growth

Best tech is meme. Sadly

Zaire said:
Best tech is meme. Sadly

Meme runs on hype. Hype brings in money. Money helps tech grow. Tech is meme.

Crazy even some intern from Litecoin is trying to promote the coin as a meme on Twitter lmao.

People will call them scams while they increase in value.

Honestly, the only memecoins worth worrying about are the really new ones that are risky and the ones backed by celebrities.

Other than that, they usually do well once they are known. People probably have a hard time getting over Safemoon or something, because aside from that, which big memecoin has really dropped? Of course DOGE is doing great, SHIB is still right outside the top 10, and WIF/PEPE/BONK have been around a while and are still going up.

So where does this negative talk come from? Is it that so many bad traders on this forum just hate anything they don’t own?

@Corin
People on this forum have way too little variation in their thoughts. Everyone gets caught up and loses money. Leaving this app last year was probably the best move to catch all the changes.

LucasTokenTalks said:
@Corin
People on this forum have way too little variation in their thoughts. Everyone gets caught up and loses money. Leaving this app last year was probably the best move to catch all the changes.

This forum is the last place I would look for crypto advice. Still, people keep posting about XRP and similar coins here.

@Raj
that didn’t age well, did it

Quillan said:
@Raj
that didn’t age well, did it

It’s a dinosaur coin where the developers dump the coin whenever they need cash. And the actual Ripple product for institutions is different from the Ripple they sell on exchanges. A lot of long-term holders are probably just waiting to sell their coins that have been stuck for so long. I would never invest in Ripple and expect it to drop just like it rose when the market cools down.

LucasTokenTalks said:
@Corin
People on this forum have way too little variation in their thoughts. Everyone gets caught up and loses money. Leaving this app last year was probably the best move to catch all the changes.

Yeah, I would have been in trouble if I hadn’t moved away from this forum and started using X more.

It might just be filled with echo chambers but at least there are multiple viewpoints (here it’s only pro BTC/ADA/ALGO) and X has expert opinions. Everyone here loudly claims their blockchain has the best tech, but I don’t care what some random user thinks; I do care if someone known from a trusted project supports another project.

And all the key players in crypto use X regularly. I couldn’t name a single prominent person I’ve ever seen in this forum.

@Corin
Pump the meme, let’s get it going!

Finnley said:
@Corin
Pump the meme, let’s get it going!

and then dump it

@Corin
Meme coins are the most honest kind of crypto.

They are exactly what they say they are without trying to spin a false story.

@Corin
Just a bunch of tech snobs thinking they are better than memecoins

@Corin
I was confident jumping in with most of my money in a variety of memes.

It’s like Solana meme creations with Trump as president. Invest in the memes! I’ve been saying this.

Of course. It’s like a test for new traders to fall for the memes and think meme coins are real.

It’s a kind of entry fee that the community expects new investors to pay.

MintMingle3 said:
Of course. It’s like a test for new traders to fall for the memes and think meme coins are real.

It’s a kind of entry fee that the community expects new investors to pay.

Of course. It’s like a test for new traders to fall for the memes and think meme coins are real.

As opposed to those well-known altcoin projects from the past… Gotcha lmao

Meme coins are like casino games. Most of crypto is just a game of hot potato or musical chairs. If you’re not planning your exit now, you might just end up with a bag when the music stops.

@Anne
Don’t you just hate this kind of setup?

cate said:
@Anne
Don’t you just hate this kind of setup?

only if you play. it’s really simple when you don’t gamble.

@Anne
A lot of people have convinced themselves of many memes.

But it all comes down to market cap, making all crypto projects small or microcap.

BTC is the only coin with over 1 trillion market cap.

Only ETH and SOL are above 100 billion.

But no. What you call meme coins are tokens. People who don’t know the difference but claim to be crypto experts are quite questionable.

And they don’t grow because of meme but because of manipulation and volume tricks by market makers. They are scams.

Telling new traders that meme coins are like casinos is just justifying scams that are even worse than casinos, because if a casino in the US steals money, they will be pursued by the FBI, while whoever made your scam token in a less developed country will probably never face any penalties because no one knows where to find them.

But considering you don’t know the difference between coins and tokens and think those scam tokens are as solid as registered casinos, I wish you the best in your gambling.