Where do you think memecoins will go in future?
Where do you think memecoins will go in future?
It’s no surprise that solana has become a full hub for memecoins, it’s not even debatable that you can say ethereum is the top 1 for memes..
But most of the memecoins are still around while some of the memecoins are possibly gone or rugged.. But new memecoins are also coming in full force… I can see a lot of new memecoins coming in, based mostly on animal themed, celebrity and more.
To be honest with you guys, I can see some memecoin projects are also attempting to build actual utility beyond just being a meme. Like bringing dapps with gamified functionalities, project own app and more… So, i’m thinking there might be more onto these memecoins. what if team just brings up more and more hype and eventually get all investors and you being a holder suddenly see the team building usecases in an announcement? Could that be possibility in future?
Anyway what you guys think about these celeb or animal themed memecoins and what have you seen on the chart? is it bad or good? Just being serious cos I know memecoin in general is not even good.
For me, it’s only hype, just like what happened before when Dogecoin did the parabolic run especially when Elon Musk also hyping it. After that everything became boring.
So for me, Dogecoin will stay but most of the other memecoins out there will vanish and will not stay for too long. A bear market event will clean these random memecoins.
There are plenty of threads on these already but they will almost all end up at the same price $0. Most are just worthless copy and paste with a different name. They don’t solve anything and is merely just a fad. People will make money in the short term on memecoins but if you hold too long you lose it all. Basically a game of musical chairs with your money.
Memes with celebrity or animal themes are of course all just looking for profit no more than now the use of dapps that they make or other functional, memes are just joke coins that are made into a large community due to more fomo than they realize meme coins in the future.
Whether it’s good or bad depends on you.
Good where you get many times the profit
The bad thing is where memecoins become rugpull of course you will definitely be angry thinking this meme is damn.