How to select high-quality early memes?
There are only two ways to play meme coins
One is to buy top memes. Obviously, they are highly stable and will not return to zero.
The disadvantage is that encryption is inherently risky. We are here to turn things around in the cryptocurrency circle, not to be satisfied with just making a little money, right?
The second is to buy early on-chain memes with small positions and multiple currencies. Once you buy one, you are free. The disadvantage is also obvious, and there are too few that can run out.
Here are a few methods to efficiently screen potential high-quality memes
1. Don't buy in the first wave of rise
Even for top memes, there is a high probability that they will not break through the sky in the first wave, resulting in not being able to get on the train in the future. The probability of this is very small, so there is no need to gamble. Because most memes are one-wave flow, and they will continue to return to zero after the pull.
2. Observe the community during the first wave of pull-up and callback
A top meme must have a sufficiently brainwashing magical image and a culture that is conducive to dissemination. If there is no consensus in the decline, a strong and active community, then the dissemination of its meme culture will stagnate. Without the community's continuous construction and output of meme culture, the cultural depth will not be enough, and there is no way to attract more people to participate.
3. The test of time
The exchange of chips, the consensus of the community, and the precipitation of culture all take time. In fact, the fastest way to screen potential high-quality memes is: three months after the first wave of pull-ups, whether the community is still there and whether the consensus is still developing. Just this one line can actually screen out 99% of meme tokens.
Here is a comparison of #brc20 's $merm greenhead fish and the former $shib
1. The image is sufficiently magical and brainwashing, and the first wave of pull-ups is more than 100 times
2. Both have experienced the market winter, and the funds in the market are not enough to take over, resulting in a rapid decline in prices.
3. They have been fluctuating at the bottom for more than three months, during which the number of community members and activity have continued to rise.
As the new narrative of this bull market, the Bitcoin ecosystem will explode sooner or later once the relevant infrastructure is improved, coupled with the meme culture and community that $merm continues to build. It is worth ambush with a small position.
