There is a famous saying in the meme world: "A godly coin must go through multiple rounds of 70% corrections," and even Murad has been emphasizing this matter. However, most people only tell you the phenomenon; I will tell you the essence.
The essence is driven by the collaboration of market makers and the market:
1. Multiple surges + significant corrections lead to sufficient turnover, causing everyone's average cost to continuously rise. This way, once it rises, the coin will be much more stable. Otherwise, it is very easy to have a situation where after a big surge, a large holder sells, triggering a series of cascading sell-offs known as "meltdown." This phenomenon is easiest to understand by looking at PVP coins. Preventing such occurrences is the primary responsibility of a qualified market maker.
2. The core of memes is the community. Whether from the perspective of dissemination or the considerations of exchanges "selecting brides," it is very difficult for a meme coin that does not engage in community building to establish a strong community.
A great meme coin will never make you worry about missing the opportunity to get on board. What you need to do is keep a close eye on the meme coins you are optimistic about and pull the trigger without hesitation when the opportunity arises.