It's time to change the strategy for playing MeMe.
MeMe's future is increasingly recognized, but in recent days, people are losing more and more while playing MeMe. Why is this happening?
This is because we are experiencing a unique time. After Pnut and Act launched on Binance, most of the on-chain MeMe experienced a surge of over five times, attracting a large number of newcomers.
At the same time, what is attracted in is a large number of sickles.
According to data from http://pump.fun, the daily MeMe pump in September was about 5,000 to 8,000, in the first half of October it was around 10,000 to 20,000. By November, it reached 30,000 to 40,000, and in recent days, it has even exaggeratedly hit 70,000 to 80,000.
A large number of people attracted can produce batches of cutting leeks every day, there are also many original outsiders who have heard that these people are foolish with money and can make a profit, such as KOLs or brands.
We know that gold dogs do not occur frequently; if lucky, one might appear in a week, sometimes encountering one in a month. Among the large number of emerging MeMe, many are just filling the gaps, and the quantity of gold dogs does not increase proportionally.
Moreover, since MeMe is hot right now, the speed of information dissemination in the group is very fast, leading to ordinary people knowing about it only when they are basically taking over the positions.
Therefore, I suggest ordinary players can take a break.
In fact, the article I referenced has clearly stated that MeMe has 4 levels, and currently, a large number of people are attracted to the first and second levels. This is from the internal market and the initial phase of Fomo.
Human nature dictates that this section sounds particularly high. However, the outcome is indeed a loss.
So it's time to change the strategy.
We can focus our energy on selecting MeMe in the third phase. Because among the large number of MeMe emerging, some have decent quality. After Fomo, short-term players will basically withdraw.
At this time, many decent ones will be wrongfully killed, and with MeMe also adjusting these days, the market cap will be very low.
It may rise again in the future.
Recently, combined with Murad's logic, the following can be used for judgment.
1 Price and market cap selection
For those holding MeMe for the long term, they need to go through tests to ensure the strength of the community. After the first wave of increases, there are a large number of profit-taking positions. Therefore, a significant drop is necessary; only through decline and bottoming can the weak hands be washed out. At this time, we can identify the steadfast ones.
Market cap between 5M and 200M
Old coins have experienced a retracement of over 70%.
New coins have experienced a drop of over 80% and stabilized for more than a week; it is best to have a rounded bottom.
2 Unique value propositions
Unique representation, unique cultural attributes, unique value propositions, unique properties
Resistance sentiment
Murad suggests avoiding derivative coins, as they often lack originality. He also does not like political coins and celebrity coins because they are usually short-term hype.
Murad prefers to use meme coins based on real-world memes rather than completely fictional ones. He believes real memes resonate more easily with a broader audience.
3 On-chain data
Number of holders
4 Community value
By looking at the content and comments posted on Twitter, one can see the quality of the community.
Video content will take a lot of time and effort and can be considered a plus.
Tiktok represents the new generation of buyers' dissemination.
