Note some of your personal experiences when playing memecoin.
There are 3 groups of memes that I pay attention to:
1. Insider: coin group that you have information about first, know the situation and the team behind it.
2. New ideas: group of memes that are information-blind but have breakthrough ideas, with the potential to become game-changers.
To know what a breakthrough idea is, you need to constantly follow the market to know what is old and what is new.
The new idea doesn't have to be technological, it can be a method or a vibe.
3. Tram anh tycoon: memecoin line has the support of Big Player in the market, the cap is often large but it is nothing when it is pushed. For example Pepe, Wif, Slerf.
4. Light industry: the memecoin group is made quite industrially but still clean and beautiful, the team behind it is strong. This type is still information blind but can be relied upon.
- Liquid is thick (ETH pool must be over 100K to play, because if the team accepts to spend a lot of capital, the profit target will also be higher, preventing early loss). Pay attention to the ETH pool, because uni v3 add concentrated liquidity is okay.
- Contract is green, clean and beautiful, renounced, all types of not open source and proxies are thrown away. It's better to not be able to eat it than to be banned from selling it after buying it.
- In addition, there are other contract checking and token allocation criteria that I mentioned in part 1, you can read again in the article below in the comments.
- The higher the Liquid/FDV ratio, the better. Should be at least 1/10. The most beautiful is 1/1 or greater than 1.
- The project has vibe.
- Choose the entry point when the chart accumulates.
5. Choose a civilization that is about to or already has cash flow. Trend is Fiend!
In general, entering before there is cash flow is not simple, you have to be very experienced or degenerate all chains to do it. Usually people will only enter when the chain or narrative has had a big coin pump, and the position will become more or less beautiful depending on your sniff.
Currently, Base, Solana and Ethereum have the most liquidity in memecoin.
I'll post part 1 of my experience in betting on memecoin waves in the comments below.
Cheers!