First, let's talk about the first part of playing with meme coins. I have two ways of playing with them. One is insider trading, where I know someone who has set up a project and invites friends to support it. The chances of a rug pull are not very high, unless the person setting it up no longer wants to be in the circle. The funds provided can be a bit larger, like the recent situation with Amix on Jumpfun, which has been quite intense. While everyone was still advocating for their rights, I was already being asked how much I had lost, and I provided my wallet address for a refund.

But I have never taken a large position in such situations. First, if it turns out to be a rug pull, years of hard work could go to waste, and it's not just hard work; it also involves luck over the years. Don't think that if you make money in the crypto world, it's all due to your skill; luck is also a very important part. Second, you are just there to support, not to act as a main investor. If it really makes money, the main investor won't let you have a share.

The second way to play with meme coins is when there is really no market trend in the secondary market. You find a few addresses of smart money, analyze the projects they are investing in, put in a few tens of USD, and take out your principal once it doubles. This mainly helps expand your capabilities in other areas while giving you something to do. You cannot directly invest a large amount in a project you don't understand, let alone meme coins.