Meme's in the Solana network has been trending now, and has turned a number of people into millionaires.
If you'd like to follow their feat, hold up, and remember these five pointers đ
1. Avoid whale dominated memes. Make sure that no holders are holding more than 10% of the token, unless the holder is a dead or locked wallet, or an exchange.
2. Make sure these memes are already listed in top tier or major exchanges. Well, it's gonna need so much volume in order to excel and make it big in the crypto world. These exchanges can give it the necessary volume.
3. It's audited by a reliable third party platform.
4. Ohh, don't buy it immediately after a major exchange listing. Doing so will rekt your portfolio. Your money will become someone else's liquidity. Wait for a few weeks or even a month or until price action consolidates. Don't rush it brother.
5. All tokens are minted. Meaning the total circulation supply is the same as the maximum token supply. Scheduled token minting will only dillute the circulation supply. Consequently dragging the price down.
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