Criteria for selecting Meme coins (overall version)
1. Project narrative
For Meme coins, a high-quality narrative is the main driving force to support its popularity. This narrative includes: Internet hot spots, celebrity shouting, project founders and surroundings.
2. Currency security
Because Meme is too uncertain, when choosing to invest in a Meme token, you must make a good judgment on its security, including: token contract security, whether the token holders are dispersed, whether the pool is carried out, etc.
3. Project market value judgment
When we see a Meme coin, it always rises many times, and we will hesitate whether we can still get on the train. While we are hesitating, the Meme coin has doubled several times. So how many times it has doubled is not the standard for you to judge whether a Meme coin can be on the train.
For Meme coins, since the pool is shallow in the early stage, a little bit of funds can pull it up many times, and only when it rises sharply will it be discovered from hundreds of thousands of Memes. The standard for judging whether it can be included is the market value. If it rises several times, the market value is still small, which proves that there may be room for follow-up.
The following is the judgment standard of market value:
· Small Meme coin market value: hundreds of thousands - millions
· Medium Meme coin market value: millions - tens of millions
· Large Meme coin market value: hundreds of millions and up
