PsychoDsk
in narcy pirates prison cuz I'm built diff rrrr 🏴
- Joined
- Jan 8, 2024
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Memecoins are part of the new meta nowadays. The gains you can make with it are nuts
It has a big risk to it tho, there are several things to look out for when scaling in a memecoin :
- LOCKED liquidity (the higher the better)
- relative low marketcap (not too low since a lot of coins get rugpulled)
- at least 2 weeks old since most memecoins get rugpulled around the first week they're brought into the market
- higher buy volume in comparison to sell volume
- the amount and experience of developers behind the coin
IF YOU HAVE A HIGH CAPITAL, let's say around 2k. I would DEF put at least 5% of it spread in several memecoins. 20 per coin MAX.
the best memecoins are always gonna be on the solana network, don't try to look for memecoins on the ethereum network since the fees are too high and it's more risky.
Only invest in memecoins on the eth chain when they're WELL-KNOWN and made from an experienced developer. (PSPS is a new coin on the eth chain, it represents the cat of THE owner of doge). I aped heavy in this coin since the makers are affiliated with the developers behind DOGE --> safe, experienced, well-known and good stats (liquidity, mc, ...)
It has a big risk to it tho, there are several things to look out for when scaling in a memecoin :
- LOCKED liquidity (the higher the better)
- relative low marketcap (not too low since a lot of coins get rugpulled)
- at least 2 weeks old since most memecoins get rugpulled around the first week they're brought into the market
- higher buy volume in comparison to sell volume
- the amount and experience of developers behind the coin
IF YOU HAVE A HIGH CAPITAL, let's say around 2k. I would DEF put at least 5% of it spread in several memecoins. 20 per coin MAX.
the best memecoins are always gonna be on the solana network, don't try to look for memecoins on the ethereum network since the fees are too high and it's more risky.
Only invest in memecoins on the eth chain when they're WELL-KNOWN and made from an experienced developer. (PSPS is a new coin on the eth chain, it represents the cat of THE owner of doge). I aped heavy in this coin since the makers are affiliated with the developers behind DOGE --> safe, experienced, well-known and good stats (liquidity, mc, ...)