meme coin
Before starting, be sure to eliminate safety hazards and confirm the basic credibility of the project:
1. Position distribution:
**High concentration vs. decentralization:** If positions are highly concentrated in a few wallet addresses (for example, the top 10 addresses hold more than 50%), price manipulation or market crashing may occur.
Pay attention to the holding ratio and changes of the development team or project party's address.
2Market data assessment
Transaction volume:
Hourly transaction volume: The hourly transaction volume of high-quality MEME generally needs to reach more than one million U, indicating that there are active funds and user participation.
**Daily transaction volume:** If the daily transaction volume is too low (such as less than 8.5 million U), the project may not have attracted enough attention, or it may have gradually "cooled down".
Confirm whether the transaction volume is real user behavior to avoid being deceived by brush orders.
Circulation market value:
Is the initial circulation market value reasonable? Too high market value + low trading volume may hide risks.
Whether the growth rate of market capitalization matches the trading volume.
3. Project popularity and IP traffic
**IP traffic:** Observe whether the project has sufficient market attention or popularity.
Whether there is a clear Meme IP background (such as based on hot events, pop culture, Internet celebrities, etc.).
Social media popularity: The activeness of discussions on Twitter, Telegram, Discord and other platforms, and whether there is real community resonance, rather than just "recruitment".
Trend judgment:
FOMO sentiment: When the market is highly emotional, it often drives the market value of leading projects to break through, but subsequent follow-up projects are more risky.
Make sure the market has entered a "trending" phase and not a "recession" or "weakness" phase.
4. MEME market capitalization estimate
Market capitalization estimates are an important step in assessing whether it is worth participating:
The leading effect:
Usually in a market trend, only 1-2 leading MEME projects will be born, and the competitiveness of subsequent followers will be limited.
If there is already a high market value project, expectations for other projects need to be adjusted carefully.
Rational prediction:
Make estimates based on data such as market size, capital popularity, and transaction volume, rather than simply relying on boasts of “tens of times expectations.”
Evaluate the target market value: For example, the current circulating market value is 10 million U, and the market sentiment is still good.
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