Where do you think memecoins will go in future?

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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.

Danusushka de zoyza Answered question July 9, 2024
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In my opinion, if these people who create meme coins were serious people who, before creating the coin, thought of a serious project, something that was not a copy of Doge or other altcoins, it was an exclusive idea and they had intentions of executing the project to long term because it would be a project that would be bringing a solution to something, also that the creators of the projects would show their faces, not remain hidden, show the experiences they have in the field of the project they intend to execute, show an office in which they work , then I would start to look at meme coins more seriously, I could even think about investing in them, when I look at coinmarketicap I see that in the top 10 there is only Doge which I consider as the original meme currency, the rest I consider copies, I could be wrong, in the past I used Doge a lot, it was the second cryptocurrency I used, first it was Bitcoin and then it was Doge which I used it when I entered this cryptocurrency market. but today I wouldn’t use doge because it was damaged, in my opinion it has become a pump and dump currency when people look at some good news they rush to buy and then it goes up and then falls, I prefer to invest in bitcoin only. but these meme coins need to have serious creators for them to be taken seriously, most people look at meme coins as an investment scheme to make a very quick profit, they are not interested in what kind of positive changes the meme coin will bring in practical terms

Danusushka de zoyza Answered question July 9, 2024
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