Quote from: pakhitheboss on Today at 12:08:03 PM

I read your blah blah! If you have done it with a named DEX then come up with proof and then we will discuss whether shitcoin sniffing works or not. Do not come up with a concept that you have read and post it here unless you have proof. I have never done it as it is practically impossible on any DEX that is known to be slow and will never try it once as I do not want to sniff shit. Grin

Umm this thread is not created to state that Meme Sniping is a proven concept, it is a trend that is going on ATM and in my belief I do believe this is here to stay long term this trend due to the way blockchains like Solana are allowing for such quick transactions.

This thread is purely to create a discussion around the trend as I do not see it talked about on here while it is being talked about outside of Bitcointalk, again your reply to me really makes no sense in a way because since the beginning because you still believe I am trying to shill something when I am trying to create a discussion for the Bitcointalk community to partake in... Thank you for providing your opinion on the topic.

Quote from: nelson4lov on March 15, 2024, 09:59:00 PM

Alright. I checked out your TG, still small but looks good. I have a suggestion for the newly listed coins channel, you want to include a link to dexscreener for the token rather than have your users trying to find where the token CA which will inevitably lead to a scam. I know it's still a work in progress but a feature like that is a must-have.

I miss the good old days where all the alphas originated from Bitcointalk (ICOs, sales, etc) through Announcement threads. Now, it's all about closed chats, insider communities, etc. Even worse, you only get the alpha when it is already diluted beyond belief.

Thank you for the input on my TG channel they have been taken into account, but I do not want to revolve this post around my TG as well at the moment I do want to provide a go to place for those interested or just now gaining knowledge of this trend to be able to read inputs on others who have been aware of this, or even get input on anything with awareness on this trend in general. I appreciate your response

Quote from: el kaka22 on Today at 05:09:22 PM

Swiftly grabbing meme coins/tokens that is published so you can sell later on seems like not a great idea. I am not saying it is not, I am just saying it doesn't feel like that. In the end, we could just see how it could be done and we could see that people are doing it, so some must be profiting if it is famous, I assume not a lot, but at least a few people are making profit from this. Can we do the same as they did? Not entirely sure, we would probably make a loss if we try it, but at least it is something that will get bigger with time.

I think the best thing to do in this case would be just letting it be, and then we could grow bigger with something much better, and not something like a meme coin which is not a good investment.

When it comes to trading meme coins, one method is to grab newly listed tokens to then try to make a profit off of this is not guaranteed to make a profit in the long term but it is a method utilized, of course there are many other factors to be taken into account to make a profit in which others are utilizing just like any other form of trading but I do believe that there will always be a market for Meme Coins and even more now with DEX on top of blockchains like Solana allowing for the ease of trading them. I am a full believe of coins that provide real value but at the end everything is community driven and we can't deny that there is a market for meme coins and the vast numbers of new meme coins being deployed by the hour supports this.

Just like gambling, meme coin is the most pure form of gambling when it comes to trading, but regardless of what you are trading there are always people who are making profits and those who who are not. Thank you for your input