{"id":141372,"date":"2024-11-05T10:00:31","date_gmt":"2024-11-05T08:00:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141372"},"modified":"2024-11-04T17:53:22","modified_gmt":"2024-11-04T15:53:22","slug":"memecoins-take-off-in-2024-a-double-edged-sword-for-investors","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/memecoins-take-off-in-2024-a-double-edged-sword-for-investors\/","title":{"rendered":"Memecoins Take Off in 2024: A Double-Edged Sword for Investors"},"content":{"rendered":"<p>While these coins have been around since Dogecoin&#8217;s debut, their popularity has surged recently, largely driven by current economic conditions like inflation and changes in global money supply.<\/p>\n<p>The report highlights that, despite their appeal and community-building potential, meme coins often prioritize financial gains over technological innovation.<\/p>\n<p>With a reputation for high risk and quick profits, about 97% of new tokens fail, and many are prone to pump-and-dump schemes. Nevertheless, they attract investors due to their low barrier to entry, fostering excitement and participation among novices.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-whale-realizes-44-million-in-profits-igniting-market-optimism\/\" title=\"Solana Whale Realizes $44 Million in Profits, Igniting Market Optimism\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/solana-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana Whale Realizes $44 Million in Profits, Igniting Market Optimism<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While the analysis expresses skepticism about the sustainability of meme coins and suggests a trend of &#8220;financial nihilism&#8221; among younger investors, it also emphasizes their role in community building and equitable token launches.<\/p>\n<p>Ultimately, the meme coin phenomenon showcases how blockchain technology can unite individuals globally around tokenized assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meme coins have seen remarkable growth this year, with 75% of all crypto projects launched in 2024 categorized as such, according to a report from Binance Research.<\/p>\n","protected":false},"author":3,"featured_media":101297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-141372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Memecoins Take Off in 2024: A Double-Edged Sword for Investors<\/title>\n<meta name=\"description\" content=\"Meme coins have seen remarkable growth this year, with 75% of all crypto projects launched in 2024 categorized as such, according to...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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