Investment 1 - 💰 $WIF
Investment 2 - 🐸 $PEPE
Investment 3 - 🚀 $MEME
Investment 4 - 🐕 $DOGE
Investment 5 - 🔥 $SHIB
Investment 6 - 💣 $BONK
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Many new investors often allocate their entire capital to meme coins like $MEME, seeking quick gains. Indeed, meme coins offer swift returns, possibly turning $100 into $1000 within hours. However, they're highly volatile and susceptible to manipulation.
Recently, influencers hyped a meme coin, catapulting its market cap from $186K to $1.5M in 12 hours. Sadly, it plummeted back to $389K within 24 hours. These influencers profited while their followers suffered losses, highlighting the risks.
Diversification is key. Avoid constructing a portfolio solely comprised of meme coins. Instead, allocate 20% - 30% of your capital to meme coins and 30% - 65% to promising low market cap projects. Lastly, consider investing the remaining percentage in established projects like Solana, Ethereum, and others.
#BNB #XRP #Memecoins #BinanceLaunchpool #BullorBear
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.